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Side-by-side financial comparison of Health In Tech, Inc. (HIT) and NovaBay Pharmaceuticals, Inc. (NBY). Click either name above to swap in a different company.

Health In Tech, Inc. is the larger business by last-quarter revenue ($9.1M vs $4.8M, roughly 1.9× NovaBay Pharmaceuticals, Inc.). Health In Tech, Inc. runs the higher net margin — -4.0% vs -25.5%, a 21.5% gap on every dollar of revenue.

Tetra Tech, Inc. is an American consulting and engineering services firm based in Pasadena, California. The company provides consulting, engineering, program management, and construction management services in the areas of water, environment, infrastructure, resource management, energy, and international development.

NovaBay Pharmaceuticals, Inc. is an Emeryville, California based clinical-stage biopharmaceutical company, focused on products for eye care. Major products include Avenova, cleared by FDA for lid and lash cleansing as part of a regimen for Blepharitis. and NeutroPhase, used in treatment of Necrotizing Fasciitis

HIT vs NBY — Head-to-Head

Bigger by revenue
HIT
HIT
1.9× larger
HIT
$9.1M
$4.8M
NBY
Higher net margin
HIT
HIT
21.5% more per $
HIT
-4.0%
-25.5%
NBY

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
HIT
HIT
NBY
NBY
Revenue
$9.1M
$4.8M
Net Profit
$-302.6K
$-1.2M
Gross Margin
45.3%
65.2%
Operating Margin
-5.9%
-37.2%
Net Margin
-4.0%
-25.5%
Revenue YoY
126.1%
Net Profit YoY
70.5%
EPS (diluted)
$-0.01

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
HIT
HIT
NBY
NBY
Q4 25
$9.1M
Q3 25
$9.9M
Q2 25
$9.6M
Q1 25
$8.9M
Q4 24
$4.8M
Q3 24
$0
Q2 24
$2.4M
Q1 24
$2.6M
Net Profit
HIT
HIT
NBY
NBY
Q4 25
$-302.6K
Q3 25
$452.2K
Q2 25
$630.6K
Q1 25
$498.6K
Q4 24
$-1.2M
Q3 24
$-1.2M
Q2 24
$-1.6M
Q1 24
$-3.2M
Gross Margin
HIT
HIT
NBY
NBY
Q4 25
45.3%
Q3 25
51.8%
Q2 25
65.9%
Q1 25
59.9%
Q4 24
65.2%
Q3 24
Q2 24
66.3%
Q1 24
68.2%
Operating Margin
HIT
HIT
NBY
NBY
Q4 25
-5.9%
Q3 25
6.0%
Q2 25
8.7%
Q1 25
7.7%
Q4 24
-37.2%
Q3 24
Q2 24
-67.4%
Q1 24
-87.1%
Net Margin
HIT
HIT
NBY
NBY
Q4 25
-4.0%
Q3 25
4.6%
Q2 25
6.6%
Q1 25
5.6%
Q4 24
-25.5%
Q3 24
Q2 24
-66.0%
Q1 24
-122.2%
EPS (diluted)
HIT
HIT
NBY
NBY
Q4 25
$-0.01
Q3 25
$0.01
Q2 25
$0.01
Q1 25
$0.01
Q4 24
Q3 24
$-1.92
Q2 24
$-1.37
Q1 24
$-29.95

Balance Sheet & Financial Strength

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

Metric
HIT
HIT
NBY
NBY
Cash + ST InvestmentsLiquidity on hand
$7.7M
$430.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$17.1M
$-129.0K
Total Assets
$23.1M
$3.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIT
HIT
NBY
NBY
Q4 25
$7.7M
Q3 25
$8.0M
Q2 25
$8.1M
Q1 25
$7.6M
Q4 24
$430.0K
Q3 24
$776.0K
Q2 24
$751.0K
Q1 24
$1.8M
Stockholders' Equity
HIT
HIT
NBY
NBY
Q4 25
$17.1M
Q3 25
$17.2M
Q2 25
$16.4M
Q1 25
$14.2M
Q4 24
$-129.0K
Q3 24
$1.1M
Q2 24
$-617.0K
Q1 24
$160.0K
Total Assets
HIT
HIT
NBY
NBY
Q4 25
$23.1M
Q3 25
$22.8M
Q2 25
$22.2M
Q1 25
$21.3M
Q4 24
$3.4M
Q3 24
$3.9M
Q2 24
$3.9M
Q1 24
$5.4M

Cash Flow & Capital Efficiency

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

Metric
HIT
HIT
NBY
NBY
Operating Cash FlowLast quarter
$3.1M
$-1.7M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-35.4%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIT
HIT
NBY
NBY
Q4 25
$3.1M
Q3 25
$674.0K
Q2 25
$1.5M
Q1 25
$527.4K
Q4 24
$-1.7M
Q3 24
$-2.4M
Q2 24
$-1.4M
Q1 24
$-2.0M
Free Cash Flow
HIT
HIT
NBY
NBY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-1.7M
Q3 24
Q2 24
Q1 24
$-2.0M
FCF Margin
HIT
HIT
NBY
NBY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-35.4%
Q3 24
Q2 24
Q1 24
-75.3%
Capex Intensity
HIT
HIT
NBY
NBY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.1%
Q3 24
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
HIT
HIT
NBY
NBY
Q4 25
Q3 25
1.49×
Q2 25
2.35×
Q1 25
1.06×
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

HIT
HIT

Revenues From Fees$6.5M71%
Other$1.6M18%
Revenues From Underwriting Modeling ICE$1.0M11%

NBY
NBY

Other$2.4M51%
Total Product Revenue$2.3M49%

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