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Side-by-side financial comparison of Vyome Holdings, Inc (HIND) and MOBIX LABS, INC (MOBX). Click either name above to swap in a different company.

MOBIX LABS, INC is the larger business by last-quarter revenue ($1.9M vs $1.2M, roughly 1.5× Vyome Holdings, Inc). Vyome Holdings, Inc runs the higher net margin — -211.8% vs -540.0%, a 328.2% gap on every dollar of revenue. On growth, Vyome Holdings, Inc posted the faster year-over-year revenue change (-36.8% vs -40.8%). Over the past eight quarters, MOBIX LABS, INC's revenue compounded faster (28.0% CAGR vs -24.1%).

Vyome Holdings, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative therapeutic solutions for a range of dermatological conditions. Its product pipeline targets unmet medical needs related to acne, atopic dermatitis, and chronic fungal infections, with primary operations and market presence across North America and South Asia.

HIND vs MOBX — Head-to-Head

Bigger by revenue
MOBX
MOBX
1.5× larger
MOBX
$1.9M
$1.2M
HIND
Growing faster (revenue YoY)
HIND
HIND
+4.0% gap
HIND
-36.8%
-40.8%
MOBX
Higher net margin
HIND
HIND
328.2% more per $
HIND
-211.8%
-540.0%
MOBX
Faster 2-yr revenue CAGR
MOBX
MOBX
Annualised
MOBX
28.0%
-24.1%
HIND

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
HIND
HIND
MOBX
MOBX
Revenue
$1.2M
$1.9M
Net Profit
$-2.6M
$-10.1M
Gross Margin
48.2%
31.0%
Operating Margin
-222.4%
-471.1%
Net Margin
-211.8%
-540.0%
Revenue YoY
-36.8%
-40.8%
Net Profit YoY
-64.9%
49.0%
EPS (diluted)
$-2.25
$-0.16

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
HIND
HIND
MOBX
MOBX
Q4 25
$1.9M
Q3 25
$1.9M
Q2 25
$1.2M
$2.4M
Q1 25
$1.1M
$2.5M
Q4 24
$1.8M
$3.2M
Q3 24
$2.3M
$3.0M
Q2 24
$2.0M
$2.1M
Q1 24
$1.9M
$1.1M
Net Profit
HIND
HIND
MOBX
MOBX
Q4 25
$-10.1M
Q3 25
$-15.7M
Q2 25
$-2.6M
$-8.3M
Q1 25
$1.5M
$-2.3M
Q4 24
$2.9M
$-19.8M
Q3 24
$-547.8K
$-11.5M
Q2 24
$-1.6M
$-7.7M
Q1 24
$-2.2M
$-1.8M
Gross Margin
HIND
HIND
MOBX
MOBX
Q4 25
31.0%
Q3 25
50.5%
Q2 25
48.2%
57.4%
Q1 25
61.2%
40.6%
Q4 24
-118.6%
53.2%
Q3 24
1.6%
56.6%
Q2 24
57.7%
35.5%
Q1 24
59.9%
16.9%
Operating Margin
HIND
HIND
MOBX
MOBX
Q4 25
-471.1%
Q3 25
-834.9%
Q2 25
-222.4%
-343.4%
Q1 25
-198.2%
-311.7%
Q4 24
-461.7%
Q3 24
-12.3%
-378.0%
Q2 24
-104.5%
-454.2%
Q1 24
-113.7%
-747.8%
Net Margin
HIND
HIND
MOBX
MOBX
Q4 25
-540.0%
Q3 25
-835.8%
Q2 25
-211.8%
-352.0%
Q1 25
132.4%
-91.2%
Q4 24
160.0%
-626.0%
Q3 24
-23.9%
-390.6%
Q2 24
-81.2%
-373.1%
Q1 24
-112.8%
-153.1%
EPS (diluted)
HIND
HIND
MOBX
MOBX
Q4 25
$-0.16
Q3 25
$-0.26
Q2 25
$-2.25
$-0.17
Q1 25
$18.98
$-0.06
Q4 24
$-4355.36
$-0.52
Q3 24
$-1419.10
$-0.33
Q2 24
$-91.56
$-0.25
Q1 24
$-135.37
$-0.21

Balance Sheet & Financial Strength

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

Metric
HIND
HIND
MOBX
MOBX
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$6.3M
Stockholders' EquityBook value
$-5.0M
$4.7M
Total Assets
$32.7M
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIND
HIND
MOBX
MOBX
Q4 25
Q3 25
Q2 25
Q1 25
$2.5M
Q4 24
$101.9K
Q3 24
$743.0K
Q2 24
$12.0K
Q1 24
$2.4M
Total Debt
HIND
HIND
MOBX
MOBX
Q4 25
$6.3M
Q3 25
$6.2M
Q2 25
$4.4M
Q1 25
$4.6M
Q4 24
$3.6M
Q3 24
$3.4M
Q2 24
$3.2M
Q1 24
$3.2M
Stockholders' Equity
HIND
HIND
MOBX
MOBX
Q4 25
$4.7M
Q3 25
$-336.0K
Q2 25
$-5.0M
$425.0K
Q1 25
$1.2M
$342.0K
Q4 24
$-4.4M
$-3.0M
Q3 24
$1.5M
$5.5M
Q2 24
$-4.0M
$8.5M
Q1 24
$4.5M
$4.2M
Total Assets
HIND
HIND
MOBX
MOBX
Q4 25
$32.7M
Q3 25
$37.1M
Q2 25
$34.6M
Q1 25
$6.5M
$36.5M
Q4 24
$1.4M
$37.3M
Q3 24
$1.3M
$39.1M
Q2 24
$-614.0K
$41.3M
Q1 24
$8.2M
$29.5M
Debt / Equity
HIND
HIND
MOBX
MOBX
Q4 25
1.34×
Q3 25
Q2 25
10.26×
Q1 25
13.44×
Q4 24
Q3 24
0.62×
Q2 24
0.38×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
HIND
HIND
MOBX
MOBX
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIND
HIND
MOBX
MOBX
Q4 25
$-4.8M
Q3 25
$-4.5M
Q2 25
$-4.1M
Q1 25
$-2.1M
$-586.0K
Q4 24
$-930.0K
Q3 24
$1.5M
$-3.6M
Q2 24
$-3.1M
Q1 24
$-2.1M
$-8.1M
Free Cash Flow
HIND
HIND
MOBX
MOBX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-4.6M
Q2 24
$-3.1M
Q1 24
$-9.1M
FCF Margin
HIND
HIND
MOBX
MOBX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-157.1%
Q2 24
-151.8%
Q1 24
-794.1%
Capex Intensity
HIND
HIND
MOBX
MOBX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
34.5%
Q2 24
2.2%
Q1 24
87.3%
Cash Conversion
HIND
HIND
MOBX
MOBX
Q4 25
Q3 25
Q2 25
Q1 25
-1.44×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIND
HIND

Segment breakdown not available.

MOBX
MOBX

US$1.7M92%
Other$155.0K8%

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