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Side-by-side financial comparison of Hillenbrand, Inc. (HI) and VirTra, Inc (VTSI). Click either name above to swap in a different company.
Hillenbrand, Inc. is the larger business by last-quarter revenue ($550.2M vs $2.9M, roughly 188.9× VirTra, Inc). Hillenbrand, Inc. runs the higher net margin — -0.4% vs -27.2%, a 26.8% gap on every dollar of revenue. On growth, Hillenbrand, Inc. posted the faster year-over-year revenue change (-22.2% vs -46.5%). VirTra, Inc produced more free cash flow last quarter ($-2.1M vs $-31.6M). Over the past eight quarters, Hillenbrand, Inc.'s revenue compounded faster (-16.3% CAGR vs -37.0%).
Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.
VirTra, Inc. is a global provider of highly realistic immersive training simulators and supporting curriculum, primarily serving law enforcement agencies, military units, and public safety organizations. Its scenario-based training systems are designed to enhance frontline personnel's decision-making, de-escalation skills, and on-duty operational safety.
HI vs VTSI — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $550.2M | $2.9M |
| Net Profit | $-2.2M | $-792.4K |
| Gross Margin | 33.4% | 57.5% |
| Operating Margin | -2.2% | -47.9% |
| Net Margin | -0.4% | -27.2% |
| Revenue YoY | -22.2% | -46.5% |
| Net Profit YoY | -134.4% | 10.8% |
| EPS (diluted) | — | $-0.08 |
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 | $550.2M | $2.9M | ||
| Q3 25 | $652.1M | $5.3M | ||
| Q2 25 | $598.9M | $7.0M | ||
| Q1 25 | $715.9M | $7.2M | ||
| Q4 24 | $706.9M | $5.4M | ||
| Q3 24 | $837.6M | $7.5M | ||
| Q2 24 | $786.6M | $6.1M | ||
| Q1 24 | $785.3M | $7.3M |
| Q4 25 | $-2.2M | $-792.4K | ||
| Q3 25 | $75.7M | $-388.6K | ||
| Q2 25 | $1.9M | $175.3K | ||
| Q1 25 | $-40.9M | $1.3M | ||
| Q4 24 | $6.4M | $-888.3K | ||
| Q3 24 | $14.6M | $583.1K | ||
| Q2 24 | $-248.9M | $1.2M | ||
| Q1 24 | $6.1M | $468.2K |
| Q4 25 | 33.4% | 57.5% | ||
| Q3 25 | 34.8% | 65.8% | ||
| Q2 25 | 33.8% | 69.0% | ||
| Q1 25 | 33.0% | 72.6% | ||
| Q4 24 | 33.2% | 67.5% | ||
| Q3 24 | 34.4% | 73.5% | ||
| Q2 24 | 33.9% | 90.9% | ||
| Q1 24 | 31.9% | 64.2% |
| Q4 25 | -2.2% | -47.9% | ||
| Q3 25 | — | -8.4% | ||
| Q2 25 | 1.8% | 13.1% | ||
| Q1 25 | -6.2% | 19.1% | ||
| Q4 24 | 2.2% | -9.9% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | -32.7% | 18.6% | ||
| Q1 24 | 1.6% | 8.9% |
| Q4 25 | -0.4% | -27.2% | ||
| Q3 25 | 11.6% | -7.3% | ||
| Q2 25 | 0.3% | 2.5% | ||
| Q1 25 | -5.7% | 17.7% | ||
| Q4 24 | 0.9% | -16.3% | ||
| Q3 24 | 1.7% | 7.8% | ||
| Q2 24 | -31.6% | 19.8% | ||
| Q1 24 | 0.8% | 6.4% |
| Q4 25 | — | $-0.08 | ||
| Q3 25 | $1.07 | $-0.03 | ||
| Q2 25 | $0.03 | $0.02 | ||
| Q1 25 | $-0.58 | $0.11 | ||
| Q4 24 | $0.09 | $-0.08 | ||
| Q3 24 | $0.20 | $0.05 | ||
| Q2 24 | $-3.53 | $0.11 | ||
| Q1 24 | $0.09 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $173.1M | $18.6M |
| Total DebtLower is stronger | — | $7.5M |
| Stockholders' EquityBook value | $1.4B | $45.6M |
| Total Assets | $4.5B | $65.1M |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $173.1M | $18.6M | ||
| Q3 25 | $164.8M | $20.8M | ||
| Q2 25 | $162.8M | $20.7M | ||
| Q1 25 | $458.4M | $17.6M | ||
| Q4 24 | $208.0M | $18.0M | ||
| Q3 24 | $199.3M | $19.7M | ||
| Q2 24 | $223.8M | $18.4M | ||
| Q1 24 | $224.4M | $22.4M |
| Q4 25 | — | $7.5M | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $7.8M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $1.4B | $45.6M | ||
| Q3 25 | $1.4B | $46.3M | ||
| Q2 25 | $1.3B | $46.8M | ||
| Q1 25 | $1.3B | $46.5M | ||
| Q4 24 | $1.4B | $45.2M | ||
| Q3 24 | $1.4B | $45.7M | ||
| Q2 24 | $1.4B | $44.9M | ||
| Q1 24 | $1.7B | $43.5M |
| Q4 25 | $4.5B | $65.1M | ||
| Q3 25 | $4.5B | $66.2M | ||
| Q2 25 | $4.7B | $67.4M | ||
| Q1 25 | $4.8B | $66.8M | ||
| Q4 24 | $5.1B | $65.0M | ||
| Q3 24 | $5.2B | $66.1M | ||
| Q2 24 | $5.3B | $66.0M | ||
| Q1 24 | $5.6B | $69.4M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.38× | 0.17× | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.48× | — | ||
| Q1 24 | 1.28× | — |
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 | $-27.4M | $-1.5M |
| Free Cash FlowOCF − Capex | $-31.6M | $-2.1M |
| FCF MarginFCF / Revenue | -5.7% | -72.5% |
| Capex IntensityCapex / Revenue | 0.8% | 21.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $7.8M | $2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-27.4M | $-1.5M | ||
| Q3 25 | $67.7M | $36.3K | ||
| Q2 25 | $-1.5M | $6.0M | ||
| Q1 25 | $1.3M | $65.7K | ||
| Q4 24 | $-11.3M | $-908.7K | ||
| Q3 24 | $166.5M | $897.7K | ||
| Q2 24 | $45.6M | $-3.9M | ||
| Q1 24 | $3.2M | $5.1M |
| Q4 25 | $-31.6M | $-2.1M | ||
| Q3 25 | $58.6M | $-61.2K | ||
| Q2 25 | $-11.2M | $5.4M | ||
| Q1 25 | $-8.0M | $-362.7K | ||
| Q4 24 | $-21.5M | $-1.1M | ||
| Q3 24 | $153.4M | $814.2K | ||
| Q2 24 | $29.7M | $-3.9M | ||
| Q1 24 | $-9.6M | $3.6M |
| Q4 25 | -5.7% | -72.5% | ||
| Q3 25 | 9.0% | -1.1% | ||
| Q2 25 | -1.9% | 77.6% | ||
| Q1 25 | -1.1% | -5.1% | ||
| Q4 24 | -3.0% | -19.5% | ||
| Q3 24 | 18.3% | 10.9% | ||
| Q2 24 | 3.8% | -64.7% | ||
| Q1 24 | -1.2% | 48.9% |
| Q4 25 | 0.8% | 21.2% | ||
| Q3 25 | 1.4% | 1.8% | ||
| Q2 25 | 1.6% | 8.1% | ||
| Q1 25 | 1.3% | 6.0% | ||
| Q4 24 | 1.4% | 2.8% | ||
| Q3 24 | 1.6% | 1.1% | ||
| Q2 24 | 2.0% | 1.0% | ||
| Q1 24 | 1.6% | 21.1% |
| Q4 25 | — | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | -0.79× | 34.12× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | -1.77× | — | ||
| Q3 24 | 11.40× | 1.54× | ||
| Q2 24 | — | -3.22× | ||
| Q1 24 | 0.52× | 10.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
VTSI
Segment breakdown not available.
