vs

Side-by-side financial comparison of Hagerty, Inc. (HGTY) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Hagerty, Inc. is the larger business by last-quarter revenue ($388.1M vs $272.3M, roughly 1.4× Legend Biotech Corp). Hagerty, Inc. runs the higher net margin — 7.4% vs -14.6%, a 21.9% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 16.5%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 19.5%).

Hagerty, Inc. is an American automotive lifestyle and membership company, as well as the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

HGTY vs LEGN — Head-to-Head

Bigger by revenue
HGTY
HGTY
1.4× larger
HGTY
$388.1M
$272.3M
LEGN
Growing faster (revenue YoY)
LEGN
LEGN
+53.5% gap
LEGN
70.0%
16.5%
HGTY
Higher net margin
HGTY
HGTY
21.9% more per $
HGTY
7.4%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
19.5%
HGTY

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HGTY
HGTY
LEGN
LEGN
Revenue
$388.1M
$272.3M
Net Profit
$28.6M
$-39.7M
Gross Margin
58.4%
Operating Margin
10.2%
-16.0%
Net Margin
7.4%
-14.6%
Revenue YoY
16.5%
70.0%
Net Profit YoY
238.4%
68.3%
EPS (diluted)
$-0.11

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.

Revenue
HGTY
HGTY
LEGN
LEGN
Q4 25
$388.1M
Q3 25
$380.0M
$272.3M
Q2 25
$368.7M
$255.1M
Q1 25
$319.6M
$195.1M
Q4 24
$333.2M
Q3 24
$323.4M
$160.2M
Q2 24
$313.2M
$186.5M
Q1 24
$271.7M
$94.0M
Net Profit
HGTY
HGTY
LEGN
LEGN
Q4 25
$28.6M
Q3 25
$46.2M
$-39.7M
Q2 25
$47.2M
$-125.4M
Q1 25
$27.3M
$-100.9M
Q4 24
$8.4M
Q3 24
$19.0M
$-125.3M
Q2 24
$42.7M
$-18.2M
Q1 24
$8.2M
$-59.8M
Gross Margin
HGTY
HGTY
LEGN
LEGN
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Q1 24
47.8%
Operating Margin
HGTY
HGTY
LEGN
LEGN
Q4 25
10.2%
Q3 25
9.0%
-16.0%
Q2 25
12.9%
Q1 25
8.1%
Q4 24
1.8%
Q3 24
3.1%
-43.9%
Q2 24
12.2%
Q1 24
4.5%
Net Margin
HGTY
HGTY
LEGN
LEGN
Q4 25
7.4%
Q3 25
12.2%
-14.6%
Q2 25
12.8%
-49.2%
Q1 25
8.5%
-51.7%
Q4 24
2.5%
Q3 24
5.9%
-78.2%
Q2 24
13.6%
-9.8%
Q1 24
3.0%
-63.6%
EPS (diluted)
HGTY
HGTY
LEGN
LEGN
Q4 25
Q3 25
$-0.11
Q2 25
$-0.34
Q1 25
$-0.27
Q4 24
Q3 24
$-0.34
Q2 24
$-0.05
Q1 24
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HGTY
HGTY
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$160.2M
$278.9M
Total DebtLower is stronger
$177.9M
Stockholders' EquityBook value
$221.3M
$1.0B
Total Assets
$2.1B
$1.7B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HGTY
HGTY
LEGN
LEGN
Q4 25
$160.2M
Q3 25
$290.5M
$278.9M
Q2 25
$259.6M
$266.6M
Q1 25
$232.7M
$441.7M
Q4 24
$178.7M
Q3 24
$208.9M
$459.3M
Q2 24
$186.4M
$201.3M
Q1 24
$131.2M
$897.6M
Total Debt
HGTY
HGTY
LEGN
LEGN
Q4 25
$177.9M
Q3 25
$104.4M
Q2 25
$153.4M
Q1 25
$132.6M
Q4 24
$105.8M
Q3 24
$122.9M
Q2 24
$98.0M
Q1 24
$91.5M
Stockholders' Equity
HGTY
HGTY
LEGN
LEGN
Q4 25
$221.3M
Q3 25
$211.7M
$1.0B
Q2 25
$172.3M
$1.0B
Q1 25
$162.9M
$1.0B
Q4 24
$150.3M
Q3 24
$148.3M
$1.1B
Q2 24
$94.4M
$1.2B
Q1 24
$93.5M
$1.2B
Total Assets
HGTY
HGTY
LEGN
LEGN
Q4 25
$2.1B
Q3 25
$2.2B
$1.7B
Q2 25
$2.0B
$1.7B
Q1 25
$1.8B
$1.6B
Q4 24
$1.7B
Q3 24
$1.8B
$1.7B
Q2 24
$1.7B
$1.8B
Q1 24
$1.6B
$1.8B
Debt / Equity
HGTY
HGTY
LEGN
LEGN
Q4 25
0.80×
Q3 25
0.49×
Q2 25
0.89×
Q1 25
0.81×
Q4 24
0.70×
Q3 24
0.83×
Q2 24
1.04×
Q1 24
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HGTY
HGTY
LEGN
LEGN
Operating Cash FlowLast quarter
$219.0M
$28.8M
Free Cash FlowOCF − Capex
$194.5M
FCF MarginFCF / Revenue
50.1%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
7.67×
TTM Free Cash FlowTrailing 4 quarters
$365.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HGTY
HGTY
LEGN
LEGN
Q4 25
$219.0M
Q3 25
$92.2M
$28.8M
Q2 25
$53.9M
$-13.0M
Q1 25
$43.8M
$-103.8M
Q4 24
$177.0M
Q3 24
$67.4M
$-75.8M
Q2 24
$64.0M
$-1.7M
Q1 24
$58.2M
$15.5M
Free Cash Flow
HGTY
HGTY
LEGN
LEGN
Q4 25
$194.5M
Q3 25
$85.2M
Q2 25
$47.7M
Q1 25
$38.4M
Q4 24
$155.7M
Q3 24
$62.0M
Q2 24
$56.6M
Q1 24
$53.7M
FCF Margin
HGTY
HGTY
LEGN
LEGN
Q4 25
50.1%
Q3 25
22.4%
Q2 25
12.9%
Q1 25
12.0%
Q4 24
46.7%
Q3 24
19.2%
Q2 24
18.1%
Q1 24
19.8%
Capex Intensity
HGTY
HGTY
LEGN
LEGN
Q4 25
6.3%
Q3 25
1.8%
Q2 25
1.7%
Q1 25
1.7%
Q4 24
6.4%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
1.7%
Cash Conversion
HGTY
HGTY
LEGN
LEGN
Q4 25
7.67×
Q3 25
2.00×
Q2 25
1.14×
Q1 25
1.61×
Q4 24
20.97×
Q3 24
3.55×
Q2 24
1.50×
Q1 24
7.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HGTY
HGTY

Segment breakdown not available.

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

Related Comparisons