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Side-by-side financial comparison of IMMERSION CORP (IMMR) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $199.5M, roughly 1.9× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs -4.6%, a 8.1% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs -4.1%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
IMMR vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $199.5M |
| Net Profit | $-17.0M | $7.1M |
| Gross Margin | — | — |
| Operating Margin | -2.8% | 7.7% |
| Net Margin | -4.6% | 3.6% |
| Revenue YoY | 750.4% | -4.1% |
| Net Profit YoY | -191.3% | -78.1% |
| EPS (diluted) | $-0.57 | $1.05 |
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 | — | $199.5M | ||
| Q4 25 | — | $208.0M | ||
| Q3 25 | — | $216.4M | ||
| Q2 25 | $372.9M | $210.5M | ||
| Q1 25 | $471.3M | $217.9M | ||
| Q4 24 | $616.2M | $233.5M | ||
| Q3 24 | — | $227.0M | ||
| Q2 24 | $95.5M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $33.9M | ||
| Q3 25 | — | $31.3M | ||
| Q2 25 | $-17.0M | $42.7M | ||
| Q1 25 | $24.1M | $28.1M | ||
| Q4 24 | $30.8M | $39.5M | ||
| Q3 24 | — | $49.1M | ||
| Q2 24 | $26.4M | $26.0M |
| Q1 26 | — | 7.7% | ||
| Q4 25 | — | 19.1% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | -2.8% | 21.5% | ||
| Q1 25 | 7.5% | 16.8% | ||
| Q4 24 | 11.4% | 21.7% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | 23.7% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | -4.6% | 20.3% | ||
| Q1 25 | 5.1% | 12.9% | ||
| Q4 24 | 5.0% | 16.9% | ||
| Q3 24 | — | 21.6% | ||
| Q2 24 | 27.7% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | — | $5.15 | ||
| Q3 25 | — | $4.65 | ||
| Q2 25 | $-0.57 | $6.12 | ||
| Q1 25 | $0.73 | $4.05 | ||
| Q4 24 | $0.93 | $4.65 | ||
| Q3 24 | — | $5.71 | ||
| Q2 24 | $0.81 | $2.43 |
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 | $136.6M |
| Total DebtLower is stronger | $103.1M | — |
| Stockholders' EquityBook value | $298.1M | $93.6B |
| Total Assets | $1.1B | — |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $161.4M | — | ||
| Q1 25 | $153.9M | — | ||
| Q4 24 | $159.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $133.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | $103.1M | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | — | $934.0M | ||
| Q3 25 | — | $918.7M | ||
| Q2 25 | $298.1M | $896.4M | ||
| Q1 25 | $317.9M | $893.7M | ||
| Q4 24 | $305.5M | $897.5M | ||
| Q3 24 | — | $889.0M | ||
| Q2 24 | $273.4M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | $1.1B | $3.7B | ||
| Q1 25 | $1.4B | $3.7B | ||
| Q4 24 | $1.4B | $4.0B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $1.2B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | 0.35× | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
