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Side-by-side financial comparison of HUYA Inc. (HUYA) and Oncology Institute, Inc. (TOI). Click either name above to swap in a different company.

HUYA Inc. is the larger business by last-quarter revenue ($237.1M vs $142.0M, roughly 1.7× Oncology Institute, Inc.). HUYA Inc. runs the higher net margin — 0.6% vs -5.3%, a 5.9% gap on every dollar of revenue. Over the past eight quarters, Oncology Institute, Inc.'s revenue compounded faster (22.5% CAGR vs 2.5%).

HUYA Inc. is a leading interactive live streaming platform based in China, focused primarily on video game live broadcasting. It also offers esports events, variety entertainment, lifestyle and educational live streams, mainly serving young digital entertainment consumers in the domestic Chinese market.

Oncology Institute, Inc. is a specialized healthcare enterprise focused on delivering patient-centric, evidence-based oncology care services, including advanced treatment regimens, clinical trial access, and supportive care programs. It primarily operates across the United States, serving patients with diverse cancer diagnoses and partnering with care teams to improve treatment outcomes.

HUYA vs TOI — Head-to-Head

Bigger by revenue
HUYA
HUYA
1.7× larger
HUYA
$237.1M
$142.0M
TOI
Higher net margin
HUYA
HUYA
5.9% more per $
HUYA
0.6%
-5.3%
TOI
Faster 2-yr revenue CAGR
TOI
TOI
Annualised
TOI
22.5%
2.5%
HUYA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HUYA
HUYA
TOI
TOI
Revenue
$237.1M
$142.0M
Net Profit
$1.3M
$-7.5M
Gross Margin
13.4%
Operating Margin
-0.8%
-4.9%
Net Margin
0.6%
-5.3%
Revenue YoY
41.6%
Net Profit YoY
43.0%
EPS (diluted)
$-0.04

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
HUYA
HUYA
TOI
TOI
Q4 25
$142.0M
Q3 25
$237.1M
$136.6M
Q2 25
$218.8M
$119.8M
Q1 25
$207.9M
$104.4M
Q4 24
$100.3M
Q3 24
$219.1M
$99.9M
Q2 24
$212.1M
$98.6M
Q1 24
$208.3M
$94.7M
Net Profit
HUYA
HUYA
TOI
TOI
Q4 25
$-7.5M
Q3 25
$1.3M
$-16.5M
Q2 25
$-766.0K
$-17.0M
Q1 25
$128.0K
$-19.6M
Q4 24
$-13.2M
Q3 24
$3.4M
$-16.1M
Q2 24
$4.1M
$-15.5M
Q1 24
$9.8M
$-19.9M
Gross Margin
HUYA
HUYA
TOI
TOI
Q4 25
Q3 25
13.4%
Q2 25
13.5%
Q1 25
12.5%
Q4 24
Q3 24
13.2%
Q2 24
13.9%
Q1 24
14.7%
Operating Margin
HUYA
HUYA
TOI
TOI
Q4 25
-4.9%
Q3 25
-0.8%
-5.9%
Q2 25
-1.5%
-9.4%
Q1 25
-4.0%
-9.5%
Q4 24
-11.9%
Q3 24
-2.1%
-13.9%
Q2 24
-1.7%
-16.6%
Q1 24
-2.6%
-19.0%
Net Margin
HUYA
HUYA
TOI
TOI
Q4 25
-5.3%
Q3 25
0.6%
-12.1%
Q2 25
-0.4%
-14.2%
Q1 25
0.1%
-18.8%
Q4 24
-13.1%
Q3 24
1.5%
-16.1%
Q2 24
1.9%
-15.7%
Q1 24
4.7%
-21.0%
EPS (diluted)
HUYA
HUYA
TOI
TOI
Q4 25
$-0.04
Q3 25
$-0.14
Q2 25
$-0.15
Q1 25
$-0.21
Q4 24
$-0.14
Q3 24
$-0.18
Q2 24
$-0.17
Q1 24
$-0.22

Balance Sheet & Financial Strength

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

Metric
HUYA
HUYA
TOI
TOI
Cash + ST InvestmentsLiquidity on hand
$102.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$709.9M
$-15.7M
Total Assets
$960.3M
$164.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUYA
HUYA
TOI
TOI
Q4 25
Q3 25
$102.0M
Q2 25
$69.7M
Q1 25
$40.9M
Q4 24
Q3 24
$156.1M
Q2 24
$138.4M
$9.9M
Q1 24
$75.1M
$29.8M
Stockholders' Equity
HUYA
HUYA
TOI
TOI
Q4 25
$-15.7M
Q3 25
$709.9M
$-12.3M
Q2 25
$704.3M
$-9.0M
Q1 25
$711.2M
$5.1M
Q4 24
$3.6M
Q3 24
$1.1B
$15.5M
Q2 24
$1.3B
$29.2M
Q1 24
$1.3B
$41.3M
Total Assets
HUYA
HUYA
TOI
TOI
Q4 25
$164.7M
Q3 25
$960.3M
$163.6M
Q2 25
$928.0M
$159.8M
Q1 25
$1.3B
$164.0M
Q4 24
$172.7M
Q3 24
$1.6B
$179.2M
Q2 24
$1.6B
$179.6M
Q1 24
$1.7B
$204.5M

Cash Flow & Capital Efficiency

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

Metric
HUYA
HUYA
TOI
TOI
Operating Cash FlowLast quarter
$3.2M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-27.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUYA
HUYA
TOI
TOI
Q4 25
$3.2M
Q3 25
$-12.6M
Q2 25
$-10.2M
Q1 25
$-5.0M
Q4 24
$4.2M
Q3 24
$819.0K
Q2 24
$-15.7M
Q1 24
$-15.9M
Free Cash Flow
HUYA
HUYA
TOI
TOI
Q4 25
$2.2M
Q3 25
$-13.2M
Q2 25
$-11.4M
Q1 25
$-5.3M
Q4 24
$2.4M
Q3 24
$417.0K
Q2 24
$-17.5M
Q1 24
$-16.5M
FCF Margin
HUYA
HUYA
TOI
TOI
Q4 25
1.5%
Q3 25
-9.7%
Q2 25
-9.5%
Q1 25
-5.1%
Q4 24
2.4%
Q3 24
0.4%
Q2 24
-17.7%
Q1 24
-17.4%
Capex Intensity
HUYA
HUYA
TOI
TOI
Q4 25
0.7%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
1.8%
Q3 24
0.4%
Q2 24
1.9%
Q1 24
0.6%

Financial Flow Comparison

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

Revenue Breakdown by Segment

HUYA
HUYA

Live streaming$162.5M69%
Game-related services, advertising and others$74.7M31%

TOI
TOI

Other$82.1M58%
Fee For Service$36.3M26%
Capitated Revenue$23.6M17%

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