vs
Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and TRUPANION, INC. (TRUP). Click either name above to swap in a different company.
TRUPANION, INC. is the larger business by last-quarter revenue ($376.9M vs $270.8M, roughly 1.4× HUTCHMED (China) Ltd). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs -16.5%). TRUPANION, INC. produced more free cash flow last quarter ($25.3M vs $3.4M).
HUTCHMED (China) LtdHCMEarnings & Financial Report
HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.
TRUPANION, INC.TRUPEarnings & Financial Report
Trupanion, Inc. is a pet insurance provider headquartered in Seattle, Washington. Established in 1998, Trupanion operates across the United States, Canada, Australia, and Puerto Rico. The company offers coverage for pets and is self-underwritten by the American Pet Insurance Company (APIC).
HCM vs TRUP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $376.9M |
| Net Profit | $2.0M | — |
| Gross Margin | 37.7% | 17.3% |
| Operating Margin | -13.2% | 1.9% |
| Net Margin | 0.7% | — |
| Revenue YoY | -16.5% | 11.7% |
| Net Profit YoY | -83.6% | — |
| EPS (diluted) | $0.00 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $270.8M | $376.9M | ||
| Q3 25 | — | $366.9M | ||
| Q2 25 | $277.7M | $353.6M | ||
| Q1 25 | $324.5M | $342.0M | ||
| Q4 24 | — | $337.3M | ||
| Q3 24 | — | $327.5M | ||
| Q2 24 | $305.7M | $314.8M | ||
| Q1 24 | — | $306.1M |
| Q4 25 | $2.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $455.0M | — | ||
| Q1 25 | $11.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $25.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | 37.7% | 17.3% | ||
| Q3 25 | — | 16.4% | ||
| Q2 25 | 0.1% | 15.5% | ||
| Q1 25 | 48.0% | 14.9% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 15.1% | ||
| Q2 24 | 41.1% | 12.8% | ||
| Q1 24 | — | 11.8% |
| Q4 25 | -13.2% | 1.9% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | -1.3% | 0.7% | ||
| Q1 25 | -5.0% | -0.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | -9.0% | -1.7% | ||
| Q1 24 | — | -2.0% |
| Q4 25 | 0.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 163.8% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 8.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | $0.00 | $0.13 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | $0.52 | $0.22 | ||
| Q1 25 | $0.01 | $-0.03 | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | $0.03 | $-0.14 | ||
| Q1 24 | — | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $370.7M |
| Total DebtLower is stronger | $93.2M | $101.8M |
| Stockholders' EquityBook value | $1.2B | $383.9M |
| Total Assets | $1.8B | $915.0M |
| Debt / EquityLower = less leverage | 0.08× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $370.7M | ||
| Q3 25 | — | $348.5M | ||
| Q2 25 | $1.4B | $319.6M | ||
| Q1 25 | $836.1M | $321.8M | ||
| Q4 24 | — | $307.4M | ||
| Q3 24 | — | $293.1M | ||
| Q2 24 | $802.5M | $277.2M | ||
| Q1 24 | — | $275.2M |
| Q4 25 | $93.2M | $101.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | $93.4M | — | ||
| Q1 25 | $82.8M | — | ||
| Q4 24 | — | $127.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | $82.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $383.9M | ||
| Q3 25 | — | $368.6M | ||
| Q2 25 | $1.2B | $355.5M | ||
| Q1 25 | $759.9M | $333.7M | ||
| Q4 24 | — | $323.3M | ||
| Q3 24 | — | $320.2M | ||
| Q2 24 | $740.1M | $305.8M | ||
| Q1 24 | — | $303.4M |
| Q4 25 | $1.8B | $915.0M | ||
| Q3 25 | — | $880.2M | ||
| Q2 25 | $1.8B | $847.8M | ||
| Q1 25 | $1.3B | $837.2M | ||
| Q4 24 | — | $806.9M | ||
| Q3 24 | — | $816.1M | ||
| Q2 24 | $1.3B | $795.9M | ||
| Q1 24 | — | $789.5M |
| Q4 25 | 0.08× | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.11× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.2M | $29.3M |
| Free Cash FlowOCF − Capex | $3.4M | $25.3M |
| FCF MarginFCF / Revenue | 1.2% | 6.7% |
| Capex IntensityCapex / Revenue | 1.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 4.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $29.3M | ||
| Q3 25 | — | $29.2M | ||
| Q2 25 | $-72.9M | $15.0M | ||
| Q1 25 | $40.3M | $16.0M | ||
| Q4 24 | — | $23.7M | ||
| Q3 24 | — | $15.3M | ||
| Q2 24 | $-39.8M | $6.9M | ||
| Q1 24 | — | $2.4M |
| Q4 25 | $3.4M | $25.3M | ||
| Q3 25 | — | $23.9M | ||
| Q2 25 | $-82.2M | $12.0M | ||
| Q1 25 | $32.5M | $14.0M | ||
| Q4 24 | — | $21.8M | ||
| Q3 24 | — | $13.4M | ||
| Q2 24 | $-49.9M | $4.0M | ||
| Q1 24 | — | $-631.0K |
| Q4 25 | 1.2% | 6.7% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | -29.6% | 3.4% | ||
| Q1 25 | 10.0% | 4.1% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | -16.3% | 1.3% | ||
| Q1 24 | — | -0.2% |
| Q4 25 | 1.8% | 1.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 3.3% | 0.8% | ||
| Q1 25 | 2.4% | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | 3.3% | 0.9% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | 4.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.16× | — | ||
| Q1 25 | 3.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.54× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCM
Segment breakdown not available.
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
