vs

Side-by-side financial comparison of Hinge Health, Inc. (HNGE) and PREFORMED LINE PRODUCTS CO (PLPC). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $154.2M, roughly 1.1× Hinge Health, Inc.). PREFORMED LINE PRODUCTS CO runs the higher net margin — 4.9% vs -1.2%, a 6.1% gap on every dollar of revenue. Hinge Health, Inc. produced more free cash flow last quarter ($82.3M vs $11.8M).

Hinge Health is a leading digital musculoskeletal care solution provider that delivers clinically validated programs combining exercise therapy, pain management, and one-on-one health coaching for employers, health plans, and individual users across North America and Europe, focused on reducing chronic musculoskeletal pain and improving long-term physical health outcomes.

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

HNGE vs PLPC — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.1× larger
PLPC
$173.1M
$154.2M
HNGE
Higher net margin
PLPC
PLPC
6.1% more per $
PLPC
4.9%
-1.2%
HNGE
More free cash flow
HNGE
HNGE
$70.6M more FCF
HNGE
$82.3M
$11.8M
PLPC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HNGE
HNGE
PLPC
PLPC
Revenue
$154.2M
$173.1M
Net Profit
$-1.8M
$8.4M
Gross Margin
81.8%
29.8%
Operating Margin
-4.0%
6.8%
Net Margin
-1.2%
4.9%
Revenue YoY
3.6%
Net Profit YoY
-19.3%
EPS (diluted)
$-0.02
$1.72

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
HNGE
HNGE
PLPC
PLPC
Q4 25
$173.1M
Q3 25
$154.2M
$178.1M
Q2 25
$139.1M
$169.6M
Q1 25
$148.5M
Q4 24
$167.1M
Q3 24
$147.0M
Q2 24
$138.7M
Q1 24
$140.9M
Net Profit
HNGE
HNGE
PLPC
PLPC
Q4 25
$8.4M
Q3 25
$-1.8M
$2.6M
Q2 25
$-575.7M
$12.7M
Q1 25
$11.5M
Q4 24
$10.5M
Q3 24
$7.7M
Q2 24
$9.4M
Q1 24
$9.6M
Gross Margin
HNGE
HNGE
PLPC
PLPC
Q4 25
29.8%
Q3 25
81.8%
29.7%
Q2 25
70.3%
32.7%
Q1 25
32.8%
Q4 24
33.3%
Q3 24
31.1%
Q2 24
31.9%
Q1 24
31.3%
Operating Margin
HNGE
HNGE
PLPC
PLPC
Q4 25
6.8%
Q3 25
-4.0%
7.4%
Q2 25
-417.5%
10.1%
Q1 25
8.8%
Q4 24
10.5%
Q3 24
7.1%
Q2 24
8.1%
Q1 24
8.2%
Net Margin
HNGE
HNGE
PLPC
PLPC
Q4 25
4.9%
Q3 25
-1.2%
1.5%
Q2 25
-413.8%
7.5%
Q1 25
7.8%
Q4 24
6.3%
Q3 24
5.2%
Q2 24
6.8%
Q1 24
6.8%
EPS (diluted)
HNGE
HNGE
PLPC
PLPC
Q4 25
$1.72
Q3 25
$-0.02
$0.53
Q2 25
$-13.10
$2.56
Q1 25
$2.33
Q4 24
$2.13
Q3 24
$1.54
Q2 24
$1.89
Q1 24
$1.94

Balance Sheet & Financial Strength

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

Metric
HNGE
HNGE
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$480.0M
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$208.0M
$475.5M
Total Assets
$769.8M
$653.6M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HNGE
HNGE
PLPC
PLPC
Q4 25
Q3 25
$480.0M
Q2 25
$413.3M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
HNGE
HNGE
PLPC
PLPC
Q4 25
$38.3M
Q3 25
$36.0M
Q2 25
$31.8M
Q1 25
$29.1M
Q4 24
$20.8M
Q3 24
$27.2M
Q2 24
$31.6M
Q1 24
$55.0M
Stockholders' Equity
HNGE
HNGE
PLPC
PLPC
Q4 25
$475.5M
Q3 25
$208.0M
$466.3M
Q2 25
$173.8M
$460.7M
Q1 25
$435.8M
Q4 24
$422.3M
Q3 24
$429.0M
Q2 24
$416.2M
Q1 24
$413.4M
Total Assets
HNGE
HNGE
PLPC
PLPC
Q4 25
$653.6M
Q3 25
$769.8M
$644.6M
Q2 25
$693.7M
$631.5M
Q1 25
$592.5M
Q4 24
$573.9M
Q3 24
$592.0M
Q2 24
$572.6M
Q1 24
$586.1M
Debt / Equity
HNGE
HNGE
PLPC
PLPC
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.08×
Q1 24
0.13×

Cash Flow & Capital Efficiency

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

Metric
HNGE
HNGE
PLPC
PLPC
Operating Cash FlowLast quarter
$82.4M
$21.9M
Free Cash FlowOCF − Capex
$82.3M
$11.8M
FCF MarginFCF / Revenue
53.4%
6.8%
Capex IntensityCapex / Revenue
0.0%
5.9%
Cash ConversionOCF / Net Profit
2.60×
TTM Free Cash FlowTrailing 4 quarters
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HNGE
HNGE
PLPC
PLPC
Q4 25
$21.9M
Q3 25
$82.4M
$18.9M
Q2 25
$25.1M
$26.9M
Q1 25
$5.7M
Q4 24
$24.1M
Q3 24
$9.4M
Q2 24
$28.3M
Q1 24
$5.8M
Free Cash Flow
HNGE
HNGE
PLPC
PLPC
Q4 25
$11.8M
Q3 25
$82.3M
$8.3M
Q2 25
$24.9M
$18.6M
Q1 25
$-5.3M
Q4 24
$20.6M
Q3 24
$5.8M
Q2 24
$24.6M
Q1 24
$1.8M
FCF Margin
HNGE
HNGE
PLPC
PLPC
Q4 25
6.8%
Q3 25
53.4%
4.7%
Q2 25
17.9%
10.9%
Q1 25
-3.6%
Q4 24
12.3%
Q3 24
3.9%
Q2 24
17.7%
Q1 24
1.3%
Capex Intensity
HNGE
HNGE
PLPC
PLPC
Q4 25
5.9%
Q3 25
0.0%
6.0%
Q2 25
0.2%
4.9%
Q1 25
7.4%
Q4 24
2.1%
Q3 24
2.4%
Q2 24
2.7%
Q1 24
2.8%
Cash Conversion
HNGE
HNGE
PLPC
PLPC
Q4 25
2.60×
Q3 25
7.21×
Q2 25
2.12×
Q1 25
0.49×
Q4 24
2.30×
Q3 24
1.22×
Q2 24
3.02×
Q1 24
0.60×

Financial Flow Comparison

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

Related Comparisons