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Side-by-side financial comparison of H2O AMERICA (HTO) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $199.4M, roughly 1.4× H2O AMERICA). H2O AMERICA runs the higher net margin — 8.1% vs -14.6%, a 22.7% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 1.5%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 15.3%).

H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

HTO vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.4× larger
LEGN
$272.3M
$199.4M
HTO
Growing faster (revenue YoY)
LEGN
LEGN
+68.5% gap
LEGN
70.0%
1.5%
HTO
Higher net margin
HTO
HTO
22.7% more per $
HTO
8.1%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
15.3%
HTO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HTO
HTO
LEGN
LEGN
Revenue
$199.4M
$272.3M
Net Profit
$16.2M
$-39.7M
Gross Margin
58.4%
Operating Margin
16.6%
-16.0%
Net Margin
8.1%
-14.6%
Revenue YoY
1.5%
70.0%
Net Profit YoY
-29.2%
68.3%
EPS (diluted)
$0.45
$-0.11

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
HTO
HTO
LEGN
LEGN
Q4 25
$199.4M
Q3 25
$243.5M
$272.3M
Q2 25
$197.8M
$255.1M
Q1 25
$164.9M
$195.1M
Q4 24
$196.5M
Q3 24
$216.7M
$160.2M
Q2 24
$173.1M
$186.5M
Q1 24
$150.0M
$94.0M
Net Profit
HTO
HTO
LEGN
LEGN
Q4 25
$16.2M
Q3 25
$45.1M
$-39.7M
Q2 25
$24.7M
$-125.4M
Q1 25
$16.6M
$-100.9M
Q4 24
$22.9M
Q3 24
$38.7M
$-125.3M
Q2 24
$20.7M
$-18.2M
Q1 24
$11.7M
$-59.8M
Gross Margin
HTO
HTO
LEGN
LEGN
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Q1 24
47.8%
Operating Margin
HTO
HTO
LEGN
LEGN
Q4 25
16.6%
Q3 25
26.5%
-16.0%
Q2 25
22.2%
Q1 25
21.8%
Q4 24
22.2%
Q3 24
26.9%
-43.9%
Q2 24
23.4%
Q1 24
18.6%
Net Margin
HTO
HTO
LEGN
LEGN
Q4 25
8.1%
Q3 25
18.5%
-14.6%
Q2 25
12.5%
-49.2%
Q1 25
10.0%
-51.7%
Q4 24
11.7%
Q3 24
17.8%
-78.2%
Q2 24
12.0%
-9.8%
Q1 24
7.8%
-63.6%
EPS (diluted)
HTO
HTO
LEGN
LEGN
Q4 25
$0.45
Q3 25
$1.27
$-0.11
Q2 25
$0.71
$-0.34
Q1 25
$0.49
$-0.27
Q4 24
$0.70
Q3 24
$1.17
$-0.34
Q2 24
$0.64
$-0.05
Q1 24
$0.36
$-0.16

Balance Sheet & Financial Strength

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

Metric
HTO
HTO
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$20.7M
$278.9M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.5B
$1.0B
Total Assets
$5.1B
$1.7B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTO
HTO
LEGN
LEGN
Q4 25
$20.7M
Q3 25
$11.3M
$278.9M
Q2 25
$19.8M
$266.6M
Q1 25
$23.7M
$441.7M
Q4 24
$11.1M
Q3 24
$4.0M
$459.3M
Q2 24
$22.8M
$201.3M
Q1 24
$4.5M
$897.6M
Total Debt
HTO
HTO
LEGN
LEGN
Q4 25
$1.9B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTO
HTO
LEGN
LEGN
Q4 25
$1.5B
Q3 25
$1.5B
$1.0B
Q2 25
$1.5B
$1.0B
Q1 25
$1.4B
$1.0B
Q4 24
$1.4B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$1.2B
Q1 24
$1.2B
$1.2B
Total Assets
HTO
HTO
LEGN
LEGN
Q4 25
$5.1B
Q3 25
$5.0B
$1.7B
Q2 25
$4.8B
$1.7B
Q1 25
$4.7B
$1.6B
Q4 24
$4.7B
Q3 24
$4.6B
$1.7B
Q2 24
$4.4B
$1.8B
Q1 24
$4.4B
$1.8B
Debt / Equity
HTO
HTO
LEGN
LEGN
Q4 25
1.23×
Q3 25
Q2 25
Q1 25
Q4 24
1.26×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HTO
HTO
LEGN
LEGN
Operating Cash FlowLast quarter
$63.5M
$28.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTO
HTO
LEGN
LEGN
Q4 25
$63.5M
Q3 25
$77.3M
$28.8M
Q2 25
$60.8M
$-13.0M
Q1 25
$43.2M
$-103.8M
Q4 24
$41.5M
Q3 24
$53.5M
$-75.8M
Q2 24
$49.3M
$-1.7M
Q1 24
$51.2M
$15.5M
Cash Conversion
HTO
HTO
LEGN
LEGN
Q4 25
3.92×
Q3 25
1.71×
Q2 25
2.47×
Q1 25
2.61×
Q4 24
1.81×
Q3 24
1.39×
Q2 24
2.38×
Q1 24
4.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTO
HTO

Water Utility Services$191.0M96%
Other$8.4M4%

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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