vs
Side-by-side financial comparison of Hippo Holdings Inc. (HIPO) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.
Mayville Engineering Company, Inc. is the larger business by last-quarter revenue ($134.3M vs $120.4M, roughly 1.1× Hippo Holdings Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs -3.2%, a 8.2% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 10.7%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $9.1M). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs -8.8%).
Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
HIPO vs MEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.4M | $134.3M |
| Net Profit | $6.0M | $-4.4M |
| Gross Margin | — | 6.8% |
| Operating Margin | 5.6% | -4.1% |
| Net Margin | 5.0% | -3.2% |
| Revenue YoY | 18.2% | 10.7% |
| Net Profit YoY | -86.4% | -127.3% |
| EPS (diluted) | $0.31 | $-0.22 |
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 | $120.4M | $134.3M | ||
| Q3 25 | $120.6M | $144.3M | ||
| Q2 25 | $117.3M | $132.3M | ||
| Q1 25 | $110.3M | $135.6M | ||
| Q4 24 | $101.9M | $121.3M | ||
| Q3 24 | $95.5M | $135.4M | ||
| Q2 24 | $89.6M | $163.6M | ||
| Q1 24 | $85.1M | $161.3M |
| Q4 25 | $6.0M | $-4.4M | ||
| Q3 25 | $98.1M | $-2.7M | ||
| Q2 25 | $1.3M | $-1.1M | ||
| Q1 25 | $-47.7M | $20.0K | ||
| Q4 24 | $44.2M | $16.0M | ||
| Q3 24 | $-8.5M | $3.0M | ||
| Q2 24 | $-40.5M | $3.8M | ||
| Q1 24 | $-35.7M | $3.2M |
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 11.0% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 13.6% | ||
| Q1 24 | — | 13.0% |
| Q4 25 | 5.6% | -4.1% | ||
| Q3 25 | 81.3% | 0.0% | ||
| Q2 25 | 3.4% | 0.1% | ||
| Q1 25 | -41.3% | 1.2% | ||
| Q4 24 | 46.3% | 19.0% | ||
| Q3 24 | -5.4% | 4.2% | ||
| Q2 24 | -40.7% | 5.0% | ||
| Q1 24 | -38.7% | 4.7% |
| Q4 25 | 5.0% | -3.2% | ||
| Q3 25 | 81.3% | -1.9% | ||
| Q2 25 | 1.1% | -0.8% | ||
| Q1 25 | -43.2% | 0.0% | ||
| Q4 24 | 43.4% | 13.2% | ||
| Q3 24 | -8.9% | 2.2% | ||
| Q2 24 | -45.2% | 2.3% | ||
| Q1 24 | -42.0% | 2.0% |
| Q4 25 | $0.31 | $-0.22 | ||
| Q3 25 | $3.77 | $-0.13 | ||
| Q2 25 | $0.05 | $-0.05 | ||
| Q1 25 | $-1.91 | $0.00 | ||
| Q4 24 | $1.81 | $0.76 | ||
| Q3 24 | $-0.34 | $0.14 | ||
| Q2 24 | $-1.64 | $0.18 | ||
| Q1 24 | $-1.47 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.3M | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $436.1M | $240.7M |
| Total Assets | $1.9B | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.3M | $1.5M | ||
| Q3 25 | $247.7M | $1.2M | ||
| Q2 25 | $198.9M | $206.0K | ||
| Q1 25 | $140.9M | $183.0K | ||
| Q4 24 | $197.6M | $206.0K | ||
| Q3 24 | $191.2M | $178.0K | ||
| Q2 24 | $175.9M | $314.0K | ||
| Q1 24 | $223.4M | $314.0K |
| Q4 25 | $436.1M | $240.7M | ||
| Q3 25 | $421.5M | $244.8M | ||
| Q2 25 | $332.5M | $246.8M | ||
| Q1 25 | $322.8M | $250.0M | ||
| Q4 24 | $362.1M | $251.8M | ||
| Q3 24 | $326.4M | $238.4M | ||
| Q2 24 | $322.6M | $238.1M | ||
| Q1 24 | $351.2M | $234.0M |
| Q4 25 | $1.9B | $563.6M | ||
| Q3 25 | $1.9B | $585.6M | ||
| Q2 25 | $1.7B | $433.7M | ||
| Q1 25 | $1.5B | $447.7M | ||
| Q4 24 | $1.5B | $445.6M | ||
| Q3 24 | $1.5B | $466.0M | ||
| Q2 24 | $1.5B | $488.2M | ||
| Q1 24 | $1.5B | $499.9M |
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 | $9.2M | $13.4M |
| Free Cash FlowOCF − Capex | $9.1M | $10.2M |
| FCF MarginFCF / Revenue | 7.6% | 7.6% |
| Capex IntensityCapex / Revenue | 0.1% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.8M | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.2M | $13.4M | ||
| Q3 25 | $16.9M | $1.9M | ||
| Q2 25 | $24.7M | $15.0M | ||
| Q1 25 | $-35.6M | $8.3M | ||
| Q4 24 | $47.5M | $38.0M | ||
| Q3 24 | $46.8M | $17.9M | ||
| Q2 24 | $-10.6M | $23.3M | ||
| Q1 24 | $17.7M | $10.6M |
| Q4 25 | $9.1M | $10.2M | ||
| Q3 25 | $16.8M | $-1.1M | ||
| Q2 25 | $24.6M | $12.5M | ||
| Q1 25 | $-35.7M | $5.4M | ||
| Q4 24 | $47.2M | $35.6M | ||
| Q3 24 | — | $15.1M | ||
| Q2 24 | $-10.7M | $19.2M | ||
| Q1 24 | $17.6M | $7.8M |
| Q4 25 | 7.6% | 7.6% | ||
| Q3 25 | 13.9% | -0.8% | ||
| Q2 25 | 21.0% | 9.5% | ||
| Q1 25 | -32.4% | 4.0% | ||
| Q4 24 | 46.3% | 29.4% | ||
| Q3 24 | — | 11.1% | ||
| Q2 24 | -11.9% | 11.7% | ||
| Q1 24 | 20.7% | 4.9% |
| Q4 25 | 0.1% | 2.4% | ||
| Q3 25 | 0.1% | 2.1% | ||
| Q2 25 | 0.1% | 1.8% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.0% | 2.1% | ||
| Q2 24 | 0.1% | 2.5% | ||
| Q1 24 | 0.1% | 1.7% |
| Q4 25 | 1.53× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 19.00× | — | ||
| Q1 25 | — | 416.65× | ||
| Q4 24 | 1.07× | 2.38× | ||
| Q3 24 | — | 6.03× | ||
| Q2 24 | — | 6.15× | ||
| Q1 24 | — | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIPO
Segment breakdown not available.
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
