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Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $270.8M, roughly 1.2× HUTCHMED (China) Ltd). HUTCHMED (China) Ltd runs the higher net margin — 0.7% vs -18.0%, a 18.7% gap on every dollar of revenue. On growth, HUTCHMED (China) Ltd posted the faster year-over-year revenue change (-16.5% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M 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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
HCM vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $334.0M |
| Net Profit | $2.0M | $-60.0M |
| Gross Margin | 37.7% | — |
| Operating Margin | -13.2% | — |
| Net Margin | 0.7% | -18.0% |
| Revenue YoY | -16.5% | -76.3% |
| Net Profit YoY | -83.6% | -170.6% |
| EPS (diluted) | $0.00 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $270.8M | $334.0M | ||
| Q3 25 | — | $382.0M | ||
| Q2 25 | $277.7M | $397.0M | ||
| Q1 25 | $324.5M | $316.0M | ||
| Q4 24 | — | $336.0M | ||
| Q3 24 | — | $396.0M | ||
| Q2 24 | $305.7M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $2.0M | $-60.0M | ||
| Q3 25 | — | $105.0M | ||
| Q2 25 | $455.0M | $87.0M | ||
| Q1 25 | $11.9M | $61.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | $102.0M | ||
| Q2 24 | $25.8M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 37.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 48.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 41.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | -13.2% | -11.4% | ||
| Q3 25 | — | 46.6% | ||
| Q2 25 | -1.3% | 37.8% | ||
| Q1 25 | -5.0% | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 43.2% | ||
| Q2 24 | -9.0% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 0.7% | -18.0% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | 163.8% | 21.9% | ||
| Q1 25 | 3.7% | 19.3% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | 8.4% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.00 | $-0.77 | ||
| Q3 25 | — | $1.36 | ||
| Q2 25 | $0.52 | $1.13 | ||
| Q1 25 | $0.01 | $0.78 | ||
| Q4 24 | — | $1.06 | ||
| Q3 24 | — | $1.29 | ||
| Q2 24 | $0.03 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $93.2M | — |
| Stockholders' EquityBook value | $1.2B | $468.0M |
| Total Assets | $1.8B | $4.2B |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $1.4B | $64.0M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | $1.4B | $50.0M | ||
| Q1 25 | $836.1M | $48.0M | ||
| Q4 24 | — | $103.0M | ||
| Q3 24 | — | $72.0M | ||
| Q2 24 | $802.5M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $93.2M | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | $93.4M | $2.5B | ||
| Q1 25 | $82.8M | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | $82.1M | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.2B | $468.0M | ||
| Q3 25 | — | $583.0M | ||
| Q2 25 | $1.2B | $570.0M | ||
| Q1 25 | $759.9M | $579.0M | ||
| Q4 24 | — | $650.0M | ||
| Q3 24 | — | $583.0M | ||
| Q2 24 | $740.1M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $1.8B | $4.2B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | $1.8B | $4.3B | ||
| Q1 25 | $1.3B | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | $1.3B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.08× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | 0.08× | 4.44× | ||
| Q1 25 | 0.11× | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | 0.11× | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $3.4M | $168.0M |
| FCF MarginFCF / Revenue | 1.2% | 50.3% |
| Capex IntensityCapex / Revenue | 1.8% | — |
| Cash ConversionOCF / Net Profit | 4.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $8.2M | $152.0M | ||
| Q3 25 | — | $86.0M | ||
| Q2 25 | $-72.9M | $70.0M | ||
| Q1 25 | $40.3M | $59.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | — | $79.0M | ||
| Q2 24 | $-39.8M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $3.4M | $136.0M | ||
| Q3 25 | — | $75.0M | ||
| Q2 25 | $-82.2M | $58.0M | ||
| Q1 25 | $32.5M | $52.0M | ||
| Q4 24 | — | $109.0M | ||
| Q3 24 | — | $71.0M | ||
| Q2 24 | $-49.9M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 1.2% | 40.7% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | -29.6% | 14.6% | ||
| Q1 25 | 10.0% | 16.5% | ||
| Q4 24 | — | 32.4% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | -16.3% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 4.8% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | 3.3% | 3.0% | ||
| Q1 25 | 2.4% | 2.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | 3.3% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.21× | — | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | -0.16× | 0.80× | ||
| Q1 25 | 3.38× | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | -1.54× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCM
Segment breakdown not available.
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
