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Side-by-side financial comparison of HORACE MANN EDUCATORS CORP (HMN) and IMMERSION CORP (IMMR). Click either name above to swap in a different company.

HORACE MANN EDUCATORS CORP is the larger business by last-quarter revenue ($434.8M vs $372.9M, roughly 1.2× IMMERSION CORP). On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 6.3%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 6.1%).

Horace Mann is an Illinois-based auto, property, supplemental and life insurance, as well as financial services company that focuses on retirement annuities and mutual funds. Horace Mann primarily works with educators and their families.

Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.

HMN vs IMMR — Head-to-Head

Bigger by revenue
HMN
HMN
1.2× larger
HMN
$434.8M
$372.9M
IMMR
Growing faster (revenue YoY)
IMMR
IMMR
+744.1% gap
IMMR
750.4%
6.3%
HMN
Faster 2-yr revenue CAGR
IMMR
IMMR
Annualised
IMMR
537.9%
6.1%
HMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HMN
HMN
IMMR
IMMR
Revenue
$434.8M
$372.9M
Net Profit
$-17.0M
Gross Margin
Operating Margin
10.5%
-2.8%
Net Margin
-4.6%
Revenue YoY
6.3%
750.4%
Net Profit YoY
-191.3%
EPS (diluted)
$0.87
$-0.57

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
HMN
HMN
IMMR
IMMR
Q4 25
$434.8M
Q3 25
$438.5M
Q2 25
$411.7M
$372.9M
Q1 25
$416.4M
$471.3M
Q4 24
$409.0M
$616.2M
Q3 24
$412.1M
Q2 24
$388.1M
$95.5M
Q1 24
$386.0M
$43.8M
Net Profit
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
$58.3M
Q2 25
$29.4M
$-17.0M
Q1 25
$38.2M
$24.1M
Q4 24
$30.8M
Q3 24
$34.3M
Q2 24
$3.8M
$26.4M
Q1 24
$26.5M
$18.7M
Operating Margin
HMN
HMN
IMMR
IMMR
Q4 25
10.5%
Q3 25
16.3%
Q2 25
8.9%
-2.8%
Q1 25
11.4%
7.5%
Q4 24
11.8%
11.4%
Q3 24
10.4%
Q2 24
1.2%
23.7%
Q1 24
8.5%
37.9%
Net Margin
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
13.3%
Q2 25
7.1%
-4.6%
Q1 25
9.2%
5.1%
Q4 24
5.0%
Q3 24
8.3%
Q2 24
1.0%
27.7%
Q1 24
6.9%
42.5%
EPS (diluted)
HMN
HMN
IMMR
IMMR
Q4 25
$0.87
Q3 25
$1.40
Q2 25
$0.71
$-0.57
Q1 25
$0.92
$0.73
Q4 24
$0.92
$0.93
Q3 24
$0.83
Q2 24
$0.09
$0.81
Q1 24
$0.64
$0.59

Balance Sheet & Financial Strength

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

Metric
HMN
HMN
IMMR
IMMR
Cash + ST InvestmentsLiquidity on hand
$27.5M
$161.4M
Total DebtLower is stronger
$593.4M
$103.1M
Stockholders' EquityBook value
$1.5B
$298.1M
Total Assets
$15.3B
$1.1B
Debt / EquityLower = less leverage
0.40×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HMN
HMN
IMMR
IMMR
Q4 25
$27.5M
Q3 25
$46.7M
Q2 25
$161.4M
Q1 25
$153.9M
Q4 24
$38.1M
$159.3M
Q3 24
Q2 24
$133.4M
Q1 24
$179.1M
Total Debt
HMN
HMN
IMMR
IMMR
Q4 25
$593.4M
Q3 25
$842.9M
Q2 25
$547.5M
$103.1M
Q1 25
$547.2M
Q4 24
$547.0M
Q3 24
$546.7M
Q2 24
$546.5M
Q1 24
$546.2M
Stockholders' Equity
HMN
HMN
IMMR
IMMR
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.4B
$298.1M
Q1 25
$1.3B
$317.9M
Q4 24
$1.3B
$305.5M
Q3 24
$1.3B
Q2 24
$1.2B
$273.4M
Q1 24
$1.2B
$201.5M
Total Assets
HMN
HMN
IMMR
IMMR
Q4 25
$15.3B
Q3 25
$15.5B
Q2 25
$14.7B
$1.1B
Q1 25
$14.4B
$1.4B
Q4 24
$14.5B
$1.4B
Q3 24
$14.7B
Q2 24
$14.3B
$1.2B
Q1 24
$14.2B
$244.7M
Debt / Equity
HMN
HMN
IMMR
IMMR
Q4 25
0.40×
Q3 25
0.58×
Q2 25
0.40×
0.35×
Q1 25
0.41×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.45×
Q1 24
0.45×

Cash Flow & Capital Efficiency

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

Metric
HMN
HMN
IMMR
IMMR
Operating Cash FlowLast quarter
$553.2M
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
HMN
HMN
IMMR
IMMR
Q4 25
$553.2M
Q3 25
$151.2M
Q2 25
$131.3M
Q1 25
$140.8M
$-43.7M
Q4 24
$452.1M
Q3 24
$143.9M
Q2 24
$40.2M
$-85.9M
Q1 24
$74.5M
$29.9M
Free Cash Flow
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
Q2 25
Q1 25
$-46.2M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
Q2 25
Q1 25
-9.8%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
Q2 25
Q1 25
0.5%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
HMN
HMN
IMMR
IMMR
Q4 25
Q3 25
2.59×
Q2 25
4.47×
Q1 25
3.69×
-1.82×
Q4 24
Q3 24
4.20×
Q2 24
10.58×
-3.25×
Q1 24
2.81×
1.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HMN
HMN

Property And Casualty$224.3M52%
Life And Retirement$139.6M32%
Supplemental And Group Benefits$77.0M18%

IMMR
IMMR

Course Material Sale$150.9M40%
General Merchandise Sale$138.0M37%
Rental Services$51.8M14%
Services And Other Revenue$25.6M7%
Per Unit Royalties$1.8M0%

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