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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and Wendy's Co (WEN). Click either name above to swap in a different company.
Wendy's Co is the larger business by last-quarter revenue ($523.5M vs $270.8M, roughly 1.9× HUTCHMED (China) Ltd). Wendy's Co runs the higher net margin — 7.5% vs 0.7%, a 6.8% gap on every dollar of revenue. On growth, Wendy's Co posted the faster year-over-year revenue change (-3.2% vs -16.5%). Wendy's Co produced more free cash flow last quarter ($68.0M 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.
The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.
HCM vs WEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2027
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $523.5M |
| Net Profit | $2.0M | $39.2M |
| Gross Margin | 37.7% | 64.1% |
| Operating Margin | -13.2% | 15.9% |
| Net Margin | 0.7% | 7.5% |
| Revenue YoY | -16.5% | -3.2% |
| Net Profit YoY | -83.6% | 72.7% |
| EPS (diluted) | $0.00 | $0.19 |
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.
| Q1 26 | — | $523.5M | ||
| Q4 25 | $270.8M | $543.0M | ||
| Q3 25 | — | $549.5M | ||
| Q2 25 | $277.7M | $560.9M | ||
| Q1 25 | $324.5M | $523.5M | ||
| Q4 24 | — | $574.3M | ||
| Q3 24 | — | $566.7M | ||
| Q2 24 | $305.7M | $570.7M |
| Q1 26 | — | $39.2M | ||
| Q4 25 | $2.0M | $26.5M | ||
| Q3 25 | — | $44.3M | ||
| Q2 25 | $455.0M | $55.1M | ||
| Q1 25 | $11.9M | $39.2M | ||
| Q4 24 | — | $47.5M | ||
| Q3 24 | — | $50.2M | ||
| Q2 24 | $25.8M | $54.6M |
| Q1 26 | — | 64.1% | ||
| Q4 25 | 37.7% | 62.7% | ||
| Q3 25 | — | 62.8% | ||
| Q2 25 | 0.1% | 65.0% | ||
| Q1 25 | 48.0% | 64.1% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 65.5% | ||
| Q2 24 | 41.1% | 65.0% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | -13.2% | 11.8% | ||
| Q3 25 | — | 16.8% | ||
| Q2 25 | -1.3% | 18.6% | ||
| Q1 25 | -5.0% | 15.9% | ||
| Q4 24 | — | 16.7% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | -9.0% | 17.4% |
| Q1 26 | — | 7.5% | ||
| Q4 25 | 0.7% | 4.9% | ||
| Q3 25 | — | 8.1% | ||
| Q2 25 | 163.8% | 9.8% | ||
| Q1 25 | 3.7% | 7.5% | ||
| Q4 24 | — | 8.3% | ||
| Q3 24 | — | 8.9% | ||
| Q2 24 | 8.4% | 9.6% |
| Q1 26 | — | $0.19 | ||
| Q4 25 | $0.00 | $0.14 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | $0.52 | $0.29 | ||
| Q1 25 | $0.01 | $0.19 | ||
| Q4 24 | — | $0.23 | ||
| Q3 24 | — | $0.25 | ||
| Q2 24 | $0.03 | $0.27 |
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 | $300.8M |
| Total DebtLower is stronger | $93.2M | $2.8B |
| Stockholders' EquityBook value | $1.2B | $117.4M |
| Total Assets | $1.8B | $5.0B |
| Debt / EquityLower = less leverage | 0.08× | 23.51× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $300.8M | ||
| Q4 25 | $1.4B | $300.8M | ||
| Q3 25 | — | $291.4M | ||
| Q2 25 | $1.4B | $281.2M | ||
| Q1 25 | $836.1M | $335.3M | ||
| Q4 24 | — | $450.5M | ||
| Q3 24 | — | $482.2M | ||
| Q2 24 | $802.5M | $465.5M |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $93.2M | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $93.4M | $2.7B | ||
| Q1 25 | $82.8M | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | $82.1M | — |
| Q1 26 | — | $117.4M | ||
| Q4 25 | $1.2B | $117.4M | ||
| Q3 25 | — | $109.2M | ||
| Q2 25 | $1.2B | $112.9M | ||
| Q1 25 | $759.9M | $130.2M | ||
| Q4 24 | — | $259.4M | ||
| Q3 24 | — | $259.9M | ||
| Q2 24 | $740.1M | $273.8M |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $1.8B | $5.0B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | $1.8B | $4.9B | ||
| Q1 25 | $1.3B | $4.9B | ||
| Q4 24 | — | $5.0B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | $1.3B | $5.1B |
| Q1 26 | — | 23.51× | ||
| Q4 25 | 0.08× | 23.51× | ||
| Q3 25 | — | 24.95× | ||
| Q2 25 | 0.08× | 24.18× | ||
| Q1 25 | 0.11× | 21.00× | ||
| Q4 24 | — | 10.57× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.11× | — |
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 | $85.4M |
| Free Cash FlowOCF − Capex | $3.4M | $68.0M |
| FCF MarginFCF / Revenue | 1.2% | 13.0% |
| Capex IntensityCapex / Revenue | 1.8% | — |
| Cash ConversionOCF / Net Profit | 4.21× | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $242.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $85.4M | ||
| Q4 25 | $8.2M | $69.3M | ||
| Q3 25 | — | $129.3M | ||
| Q2 25 | $-72.9M | $60.6M | ||
| Q1 25 | $40.3M | $85.4M | ||
| Q4 24 | — | $68.6M | ||
| Q3 24 | — | $141.2M | ||
| Q2 24 | $-39.8M | $45.5M |
| Q1 26 | — | $68.0M | ||
| Q4 25 | $3.4M | $31.4M | ||
| Q3 25 | — | $104.3M | ||
| Q2 25 | $-82.2M | $39.2M | ||
| Q1 25 | $32.5M | $67.7M | ||
| Q4 24 | — | $26.6M | ||
| Q3 24 | — | $123.3M | ||
| Q2 24 | $-49.9M | $28.4M |
| Q1 26 | — | 13.0% | ||
| Q4 25 | 1.2% | 5.8% | ||
| Q3 25 | — | 19.0% | ||
| Q2 25 | -29.6% | 7.0% | ||
| Q1 25 | 10.0% | 12.9% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | -16.3% | 5.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 7.0% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | 3.3% | 3.8% | ||
| Q1 25 | 2.4% | 3.4% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | 3.3% | 3.0% |
| Q1 26 | — | 2.18× | ||
| Q4 25 | 4.21× | 2.62× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | -0.16× | 1.10× | ||
| Q1 25 | 3.38× | 2.18× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | -1.54× | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
