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Side-by-side financial comparison of IMMERSION CORP (IMMR) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.
IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $324.4M, roughly 1.1× Revolve Group, Inc.). Revolve Group, Inc. runs the higher net margin — 5.7% vs -4.6%, a 10.3% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 10.4%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 9.5%).
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.
Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.
IMMR vs RVLV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $324.4M |
| Net Profit | $-17.0M | $18.6M |
| Gross Margin | — | 53.3% |
| Operating Margin | -2.8% | 6.3% |
| Net Margin | -4.6% | 5.7% |
| Revenue YoY | 750.4% | 10.4% |
| Net Profit YoY | -191.3% | 50.4% |
| EPS (diluted) | $-0.57 | $0.27 |
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 | — | $324.4M | ||
| Q3 25 | — | $295.6M | ||
| Q2 25 | $372.9M | $309.0M | ||
| Q1 25 | $471.3M | $296.7M | ||
| Q4 24 | $616.2M | $293.7M | ||
| Q3 24 | — | $283.1M | ||
| Q2 24 | $95.5M | $282.5M | ||
| Q1 24 | $43.8M | $270.6M |
| Q4 25 | — | $18.6M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | $-17.0M | $10.2M | ||
| Q1 25 | $24.1M | $11.8M | ||
| Q4 24 | $30.8M | $12.3M | ||
| Q3 24 | — | $11.0M | ||
| Q2 24 | $26.4M | $15.4M | ||
| Q1 24 | $18.7M | $10.9M |
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 52.3% |
| Q4 25 | — | 6.3% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | -2.8% | 5.8% | ||
| Q1 25 | 7.5% | 5.0% | ||
| Q4 24 | 11.4% | 3.9% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | 23.7% | 5.8% | ||
| Q1 24 | 37.9% | 3.4% |
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | -4.6% | 3.3% | ||
| Q1 25 | 5.1% | 4.0% | ||
| Q4 24 | 5.0% | 4.2% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | 27.7% | 5.4% | ||
| Q1 24 | 42.5% | 4.0% |
| Q4 25 | — | $0.27 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | $-0.57 | $0.14 | ||
| Q1 25 | $0.73 | $0.16 | ||
| Q4 24 | $0.93 | $0.18 | ||
| Q3 24 | — | $0.15 | ||
| Q2 24 | $0.81 | $0.21 | ||
| Q1 24 | $0.59 | $0.15 |
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 | $292.3M |
| Total DebtLower is stronger | $103.1M | — |
| Stockholders' EquityBook value | $298.1M | $512.5M |
| Total Assets | $1.1B | $765.0M |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $292.3M | ||
| Q3 25 | — | $315.4M | ||
| Q2 25 | $161.4M | $310.7M | ||
| Q1 25 | $153.9M | $300.8M | ||
| Q4 24 | $159.3M | $256.6M | ||
| Q3 24 | — | $252.8M | ||
| Q2 24 | $133.4M | $244.7M | ||
| Q1 24 | $179.1M | $273.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $103.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $512.5M | ||
| Q3 25 | — | $490.2M | ||
| Q2 25 | $298.1M | $468.6M | ||
| Q1 25 | $317.9M | $453.4M | ||
| Q4 24 | $305.5M | $437.8M | ||
| Q3 24 | — | $420.8M | ||
| Q2 24 | $273.4M | $405.8M | ||
| Q1 24 | $201.5M | $389.9M |
| Q4 25 | — | $765.0M | ||
| Q3 25 | — | $751.3M | ||
| Q2 25 | $1.1B | $722.9M | ||
| Q1 25 | $1.4B | $713.9M | ||
| Q4 24 | $1.4B | $665.5M | ||
| Q3 24 | — | $670.9M | ||
| Q2 24 | $1.2B | $657.8M | ||
| Q1 24 | $244.7M | $650.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | — | $-10.2M |
| Free Cash FlowOCF − Capex | — | $-13.3M |
| FCF MarginFCF / Revenue | — | -4.1% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | -0.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $48.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-10.2M | ||
| Q3 25 | — | $11.8M | ||
| Q2 25 | — | $12.6M | ||
| Q1 25 | $-43.7M | $45.1M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $9.1M | ||
| Q2 24 | $-85.9M | $-24.7M | ||
| Q1 24 | $29.9M | $38.4M |
| Q4 25 | — | $-13.3M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | $-46.2M | $43.4M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $8.0M | ||
| Q2 24 | — | $-25.7M | ||
| Q1 24 | — | $36.7M |
| Q4 25 | — | -4.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | -9.8% | 14.6% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | -9.1% | ||
| Q1 24 | — | 13.5% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | 0.5% | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | -0.55× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | -1.82× | 3.82× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | -3.25× | -1.60× | ||
| Q1 24 | 1.60× | 3.53× |
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% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
