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Side-by-side financial comparison of H2O AMERICA (HTO) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.
H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $111.7M, roughly 1.8× ZIPRECRUITER, INC.). H2O AMERICA runs the higher net margin — 8.1% vs -0.7%, a 8.9% gap on every dollar of revenue. On growth, H2O AMERICA posted the faster year-over-year revenue change (1.5% vs 0.6%). Over the past eight quarters, H2O AMERICA's revenue compounded faster (15.3% CAGR vs -4.4%).
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.
ZipRecruiter, Inc. is an American employment marketplace for job seekers and employers.
HTO vs ZIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $111.7M |
| Net Profit | $16.2M | $-835.0K |
| Gross Margin | — | 89.1% |
| Operating Margin | 16.6% | 3.6% |
| Net Margin | 8.1% | -0.7% |
| Revenue YoY | 1.5% | 0.6% |
| Net Profit YoY | -29.2% | 92.3% |
| EPS (diluted) | $0.45 | $-0.03 |
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 | $111.7M | ||
| Q3 25 | $243.5M | $115.0M | ||
| Q2 25 | $197.8M | $112.2M | ||
| Q1 25 | $164.9M | $110.1M | ||
| Q4 24 | $196.5M | $111.0M | ||
| Q3 24 | $216.7M | $117.1M | ||
| Q2 24 | $173.1M | $123.7M | ||
| Q1 24 | $150.0M | $122.2M |
| Q4 25 | $16.2M | $-835.0K | ||
| Q3 25 | $45.1M | $-9.8M | ||
| Q2 25 | $24.7M | $-9.5M | ||
| Q1 25 | $16.6M | $-12.8M | ||
| Q4 24 | $22.9M | $-10.8M | ||
| Q3 24 | $38.7M | $-2.6M | ||
| Q2 24 | $20.7M | $7.0M | ||
| Q1 24 | $11.7M | $-6.5M |
| Q4 25 | — | 89.1% | ||
| Q3 25 | — | 89.1% | ||
| Q2 25 | — | 89.3% | ||
| Q1 25 | — | 89.4% | ||
| Q4 24 | — | 89.6% | ||
| Q3 24 | — | 89.4% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 89.1% |
| Q4 25 | 16.6% | 3.6% | ||
| Q3 25 | 26.5% | -4.4% | ||
| Q2 25 | 22.2% | -5.9% | ||
| Q1 25 | 21.8% | -10.6% | ||
| Q4 24 | 22.2% | -3.6% | ||
| Q3 24 | 26.9% | -2.8% | ||
| Q2 24 | 23.4% | 7.6% | ||
| Q1 24 | 18.6% | -0.7% |
| Q4 25 | 8.1% | -0.7% | ||
| Q3 25 | 18.5% | -8.5% | ||
| Q2 25 | 12.5% | -8.5% | ||
| Q1 25 | 10.0% | -11.7% | ||
| Q4 24 | 11.7% | -9.7% | ||
| Q3 24 | 17.8% | -2.2% | ||
| Q2 24 | 12.0% | 5.7% | ||
| Q1 24 | 7.8% | -5.3% |
| Q4 25 | $0.45 | $-0.03 | ||
| Q3 25 | $1.27 | $-0.11 | ||
| Q2 25 | $0.71 | $-0.10 | ||
| Q1 25 | $0.49 | $-0.13 | ||
| Q4 24 | $0.70 | $-0.10 | ||
| Q3 24 | $1.17 | $-0.03 | ||
| Q2 24 | $0.64 | $0.07 | ||
| Q1 24 | $0.36 | $-0.07 |
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 | $188.0M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $-77.2M |
| Total Assets | $5.1B | $569.7M |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $188.0M | ||
| Q3 25 | $11.3M | $211.8M | ||
| Q2 25 | $19.8M | $203.5M | ||
| Q1 25 | $23.7M | $221.1M | ||
| Q4 24 | $11.1M | $218.4M | ||
| Q3 24 | $4.0M | $225.6M | ||
| Q2 24 | $22.8M | $271.7M | ||
| Q1 24 | $4.5M | $282.5M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $-77.2M | ||
| Q3 25 | $1.5B | $-76.1M | ||
| Q2 25 | $1.5B | $-65.9M | ||
| Q1 25 | $1.4B | $-11.3M | ||
| Q4 24 | $1.4B | $13.4M | ||
| Q3 24 | $1.3B | $13.6M | ||
| Q2 24 | $1.3B | $24.4M | ||
| Q1 24 | $1.2B | $12.7M |
| Q4 25 | $5.1B | $569.7M | ||
| Q3 25 | $5.0B | $573.6M | ||
| Q2 25 | $4.8B | $592.4M | ||
| Q1 25 | $4.7B | $629.4M | ||
| Q4 24 | $4.7B | $664.1M | ||
| Q3 24 | $4.6B | $652.0M | ||
| Q2 24 | $4.4B | $665.3M | ||
| Q1 24 | $4.4B | $662.4M |
| 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 | $7.7M |
| Free Cash FlowOCF − Capex | — | $7.6M |
| FCF MarginFCF / Revenue | — | 6.8% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 3.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $7.7M | ||
| Q3 25 | $77.3M | $2.6M | ||
| Q2 25 | $60.8M | $10.5M | ||
| Q1 25 | $43.2M | $-9.9M | ||
| Q4 24 | $41.5M | $12.5M | ||
| Q3 24 | $53.5M | $9.3M | ||
| Q2 24 | $49.3M | $21.9M | ||
| Q1 24 | $51.2M | $2.0M |
| Q4 25 | — | $7.6M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | — | $10.2M | ||
| Q1 25 | — | $-10.2M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | $9.2M | ||
| Q2 24 | — | $21.7M | ||
| Q1 24 | — | $1.9M |
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 9.1% | ||
| Q1 25 | — | -9.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
| 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× | 3.12× | ||
| 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% |
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |
