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Side-by-side financial comparison of IMMERSION CORP (IMMR) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $308.3M, roughly 1.2× Metallus Inc.). Metallus Inc. runs the higher net margin — 1.8% vs -4.6%, a 6.3% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 9.9%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 2.3%).
Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.
IMMR vs MTUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $308.3M |
| Net Profit | $-17.0M | $5.4M |
| Gross Margin | — | 8.1% |
| Operating Margin | -2.8% | — |
| Net Margin | -4.6% | 1.8% |
| Revenue YoY | 750.4% | 9.9% |
| Net Profit YoY | -191.3% | 315.4% |
| EPS (diluted) | $-0.57 | $0.13 |
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.
| Q1 26 | — | $308.3M | ||
| Q4 25 | — | $267.3M | ||
| Q3 25 | — | $305.9M | ||
| Q2 25 | $372.9M | $304.6M | ||
| Q1 25 | $471.3M | $280.5M | ||
| Q4 24 | $616.2M | $240.5M | ||
| Q3 24 | — | $227.2M | ||
| Q2 24 | $95.5M | $294.7M |
| Q1 26 | — | $5.4M | ||
| Q4 25 | — | $-14.3M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | $-17.0M | $3.7M | ||
| Q1 25 | $24.1M | $1.3M | ||
| Q4 24 | $30.8M | $-21.4M | ||
| Q3 24 | — | $-5.9M | ||
| Q2 24 | $26.4M | $4.6M |
| Q1 26 | — | 8.1% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | -7.7% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | -2.8% | 2.8% | ||
| Q1 25 | 7.5% | 1.0% | ||
| Q4 24 | 11.4% | -10.1% | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | 23.7% | 2.1% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | — | -5.3% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | -4.6% | 1.2% | ||
| Q1 25 | 5.1% | 0.5% | ||
| Q4 24 | 5.0% | -8.9% | ||
| Q3 24 | — | -2.6% | ||
| Q2 24 | 27.7% | 1.6% |
| Q1 26 | — | $0.13 | ||
| Q4 25 | — | $-0.34 | ||
| Q3 25 | — | $0.19 | ||
| Q2 25 | $-0.57 | $0.09 | ||
| Q1 25 | $0.73 | $0.03 | ||
| Q4 24 | $0.93 | $-0.46 | ||
| Q3 24 | — | $-0.13 | ||
| Q2 24 | $0.81 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $161.4M | $104.0M |
| Total DebtLower is stronger | $103.1M | — |
| Stockholders' EquityBook value | $298.1M | $683.0M |
| Total Assets | $1.1B | $1.1B |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $104.0M | ||
| Q4 25 | — | $156.7M | ||
| Q3 25 | — | $191.5M | ||
| Q2 25 | $161.4M | $190.8M | ||
| Q1 25 | $153.9M | $180.3M | ||
| Q4 24 | $159.3M | $240.7M | ||
| Q3 24 | — | $254.6M | ||
| Q2 24 | $133.4M | $272.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | $103.1M | $0 | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $5.4M | ||
| Q3 24 | — | $13.2M | ||
| Q2 24 | — | $13.2M |
| Q1 26 | — | $683.0M | ||
| Q4 25 | — | $686.0M | ||
| Q3 25 | — | $697.7M | ||
| Q2 25 | $298.1M | $690.0M | ||
| Q1 25 | $317.9M | $686.1M | ||
| Q4 24 | $305.5M | $690.5M | ||
| Q3 24 | — | $712.7M | ||
| Q2 24 | $273.4M | $736.3M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $1.2B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | 0.35× | 0.00× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMMR
| Course Material Sale | $150.9M | 40% |
| General Merchandise Sale | $138.0M | 37% |
| Rental Services | $51.8M | 14% |
| Services And Other Revenue | $25.6M | 7% |
| Per Unit Royalties | $1.8M | 0% |
MTUS
Segment breakdown not available.
