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Side-by-side financial comparison of H2O AMERICA (HTO) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $199.4M, roughly 1.4× H2O AMERICA). QUINSTREET, INC runs the higher net margin — 17.4% vs 8.1%, a 9.3% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs 1.5%). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% 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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
HTO vs QNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $287.8M |
| Net Profit | $16.2M | $50.2M |
| Gross Margin | — | 9.6% |
| Operating Margin | 16.6% | 0.4% |
| Net Margin | 8.1% | 17.4% |
| Revenue YoY | 1.5% | 1.9% |
| Net Profit YoY | -29.2% | 3342.5% |
| EPS (diluted) | $0.45 | $0.87 |
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 | $199.4M | $287.8M | ||
| Q3 25 | $243.5M | $285.9M | ||
| Q2 25 | $197.8M | — | ||
| Q1 25 | $164.9M | $269.8M | ||
| Q4 24 | $196.5M | $282.6M | ||
| Q3 24 | $216.7M | $279.2M | ||
| Q2 24 | $173.1M | $198.3M | ||
| Q1 24 | $150.0M | $168.6M |
| Q4 25 | $16.2M | $50.2M | ||
| Q3 25 | $45.1M | $4.5M | ||
| Q2 25 | $24.7M | — | ||
| Q1 25 | $16.6M | $4.4M | ||
| Q4 24 | $22.9M | $-1.5M | ||
| Q3 24 | $38.7M | $-1.4M | ||
| Q2 24 | $20.7M | $-2.2M | ||
| Q1 24 | $11.7M | $-7.0M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | 8.5% |
| Q4 25 | 16.6% | 0.4% | ||
| Q3 25 | 26.5% | 1.7% | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 21.8% | 1.8% | ||
| Q4 24 | 22.2% | -0.5% | ||
| Q3 24 | 26.9% | -0.4% | ||
| Q2 24 | 23.4% | -0.7% | ||
| Q1 24 | 18.6% | -3.2% |
| Q4 25 | 8.1% | 17.4% | ||
| Q3 25 | 18.5% | 1.6% | ||
| Q2 25 | 12.5% | — | ||
| Q1 25 | 10.0% | 1.6% | ||
| Q4 24 | 11.7% | -0.5% | ||
| Q3 24 | 17.8% | -0.5% | ||
| Q2 24 | 12.0% | -1.1% | ||
| Q1 24 | 7.8% | -4.2% |
| Q4 25 | $0.45 | $0.87 | ||
| Q3 25 | $1.27 | $0.08 | ||
| Q2 25 | $0.71 | — | ||
| Q1 25 | $0.49 | $0.08 | ||
| Q4 24 | $0.70 | $-0.03 | ||
| Q3 24 | $1.17 | $-0.02 | ||
| Q2 24 | $0.64 | $-0.04 | ||
| Q1 24 | $0.36 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $20.7M | $107.0M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $294.4M |
| Total Assets | $5.1B | $493.0M |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $107.0M | ||
| Q3 25 | $11.3M | $101.3M | ||
| Q2 25 | $19.8M | — | ||
| Q1 25 | $23.7M | $81.8M | ||
| Q4 24 | $11.1M | $57.8M | ||
| Q3 24 | $4.0M | $25.0M | ||
| Q2 24 | $22.8M | $50.5M | ||
| Q1 24 | $4.5M | $39.6M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $294.4M | ||
| Q3 25 | $1.5B | $246.7M | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | $235.5M | ||
| Q4 24 | $1.4B | $224.3M | ||
| Q3 24 | $1.3B | $219.8M | ||
| Q2 24 | $1.3B | $216.8M | ||
| Q1 24 | $1.2B | $215.0M |
| Q4 25 | $5.1B | $493.0M | ||
| Q3 25 | $5.0B | $442.6M | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.7B | $417.2M | ||
| Q4 24 | $4.7B | $409.6M | ||
| Q3 24 | $4.6B | $401.2M | ||
| Q2 24 | $4.4B | $368.5M | ||
| Q1 24 | $4.4B | $349.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $63.5M | $21.6M |
| Free Cash FlowOCF − Capex | — | $20.7M |
| FCF MarginFCF / Revenue | — | 7.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 3.92× | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | — | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $21.6M | ||
| Q3 25 | $77.3M | $19.6M | ||
| Q2 25 | $60.8M | — | ||
| Q1 25 | $43.2M | $30.1M | ||
| Q4 24 | $41.5M | $38.7M | ||
| Q3 24 | $53.5M | $-13.7M | ||
| Q2 24 | $49.3M | $16.6M | ||
| Q1 24 | $51.2M | $4.1M |
| Q4 25 | — | $20.7M | ||
| Q3 25 | — | $18.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $29.5M | ||
| Q4 24 | — | $38.2M | ||
| Q3 24 | — | $-14.1M | ||
| Q2 24 | — | $15.4M | ||
| Q1 24 | — | $2.9M |
| Q4 25 | — | 7.2% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.9% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | -5.1% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | 3.92× | 0.43× | ||
| Q3 25 | 1.71× | 4.32× | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.61× | 6.82× | ||
| 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
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
