vs
Side-by-side financial comparison of IMMERSION CORP (IMMR) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $372.9M, roughly 1.1× IMMERSION CORP). UDR, Inc. runs the higher net margin — 44.6% vs -4.6%, a 49.1% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 0.9%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 1.3%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
IMMR vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $425.8M |
| Net Profit | $-17.0M | $189.8M |
| Gross Margin | — | — |
| Operating Margin | -2.8% | 54.0% |
| Net Margin | -4.6% | 44.6% |
| Revenue YoY | 750.4% | 0.9% |
| Net Profit YoY | -191.3% | 147.2% |
| EPS (diluted) | $-0.57 | $0.63 |
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 | — | $425.8M | ||
| Q4 25 | — | $433.1M | ||
| Q3 25 | — | $431.9M | ||
| Q2 25 | $372.9M | $425.4M | ||
| Q1 25 | $471.3M | $421.9M | ||
| Q4 24 | $616.2M | $422.7M | ||
| Q3 24 | — | $420.2M | ||
| Q2 24 | $95.5M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $222.9M | ||
| Q3 25 | — | $40.4M | ||
| Q2 25 | $-17.0M | $37.7M | ||
| Q1 25 | $24.1M | $76.7M | ||
| Q4 24 | $30.8M | $-5.0M | ||
| Q3 24 | — | $22.6M | ||
| Q2 24 | $26.4M | $28.9M |
| Q1 26 | — | 54.0% | ||
| Q4 25 | — | 64.1% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | -2.8% | 18.2% | ||
| Q1 25 | 7.5% | 29.0% | ||
| Q4 24 | 11.4% | 15.7% | ||
| Q3 24 | — | 16.6% | ||
| Q2 24 | 23.7% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | — | 51.5% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | -4.6% | 8.9% | ||
| Q1 25 | 5.1% | 18.2% | ||
| Q4 24 | 5.0% | -220.5% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | 27.7% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | — | $0.67 | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | $-0.57 | $0.11 | ||
| Q1 25 | $0.73 | $0.23 | ||
| Q4 24 | $0.93 | $-0.01 | ||
| Q3 24 | — | $0.06 | ||
| Q2 24 | $0.81 | $0.08 |
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 | $1.3M |
| Total DebtLower is stronger | $103.1M | — |
| Stockholders' EquityBook value | $298.1M | $3.3B |
| Total Assets | $1.1B | $10.3B |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | — | $1.2M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | $161.4M | $1.5M | ||
| Q1 25 | $153.9M | $1.3M | ||
| Q4 24 | $159.3M | $1.3M | ||
| Q3 24 | — | $2.3M | ||
| Q2 24 | $133.4M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | $103.1M | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $298.1M | $3.3B | ||
| Q1 25 | $317.9M | $3.3B | ||
| Q4 24 | $305.5M | $3.4B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $273.4M | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | — | $10.6B | ||
| Q3 25 | — | $10.6B | ||
| Q2 25 | $1.1B | $10.6B | ||
| Q1 25 | $1.4B | $10.7B | ||
| Q4 24 | $1.4B | $10.9B | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | $1.2B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | 0.35× | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
