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Side-by-side financial comparison of IMMERSION CORP (IMMR) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $339.5M, roughly 1.1× Westrock Coffee Co). IMMERSION CORP runs the higher net margin — -4.6% vs -6.6%, a 2.1% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 48.3%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs 32.8%).
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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
IMMR vs WEST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $339.5M |
| Net Profit | $-17.0M | $-22.6M |
| Gross Margin | — | 11.5% |
| Operating Margin | -2.8% | -2.6% |
| Net Margin | -4.6% | -6.6% |
| Revenue YoY | 750.4% | 48.3% |
| Net Profit YoY | -191.3% | 8.3% |
| EPS (diluted) | $-0.57 | $-0.22 |
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 | — | $339.5M | ||
| Q3 25 | — | $354.8M | ||
| Q2 25 | $372.9M | $280.9M | ||
| Q1 25 | $471.3M | $213.8M | ||
| Q4 24 | $616.2M | $229.0M | ||
| Q3 24 | — | $220.9M | ||
| Q2 24 | $95.5M | $208.4M | ||
| Q1 24 | $43.8M | $192.5M |
| Q4 25 | — | $-22.6M | ||
| Q3 25 | — | $-19.1M | ||
| Q2 25 | $-17.0M | $-21.6M | ||
| Q1 25 | $24.1M | $-27.2M | ||
| Q4 24 | $30.8M | $-24.6M | ||
| Q3 24 | — | $-14.3M | ||
| Q2 24 | $26.4M | $-17.8M | ||
| Q1 24 | $18.7M | $-23.7M |
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 19.9% | ||
| Q1 24 | — | 19.4% |
| Q4 25 | — | -2.6% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | -2.8% | -5.3% | ||
| Q1 25 | 7.5% | -6.1% | ||
| Q4 24 | 11.4% | -4.3% | ||
| Q3 24 | — | -5.8% | ||
| Q2 24 | 23.7% | -7.9% | ||
| Q1 24 | 37.9% | -5.3% |
| Q4 25 | — | -6.6% | ||
| Q3 25 | — | -5.4% | ||
| Q2 25 | -4.6% | -7.7% | ||
| Q1 25 | 5.1% | -12.7% | ||
| Q4 24 | 5.0% | -10.7% | ||
| Q3 24 | — | -6.5% | ||
| Q2 24 | 27.7% | -8.5% | ||
| Q1 24 | 42.5% | -12.3% |
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | $-0.57 | $-0.23 | ||
| Q1 25 | $0.73 | $-0.29 | ||
| Q4 24 | $0.93 | $-0.26 | ||
| Q3 24 | — | $-0.16 | ||
| Q2 24 | $0.81 | $-0.20 | ||
| Q1 24 | $0.59 | $-0.27 |
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 | $49.9M |
| Total DebtLower is stronger | $103.1M | $444.1M |
| Stockholders' EquityBook value | $298.1M | $-1.9M |
| Total Assets | $1.1B | $1.2B |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $49.9M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | $161.4M | $44.0M | ||
| Q1 25 | $153.9M | $33.1M | ||
| Q4 24 | $159.3M | $26.2M | ||
| Q3 24 | — | $22.4M | ||
| Q2 24 | $133.4M | $24.3M | ||
| Q1 24 | $179.1M | $12.6M |
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | $103.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | $298.1M | $18.2M | ||
| Q1 25 | $317.9M | $71.4M | ||
| Q4 24 | $305.5M | $97.5M | ||
| Q3 24 | — | $110.3M | ||
| Q2 24 | $273.4M | $81.5M | ||
| Q1 24 | $201.5M | $91.7M |
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $244.7M | $983.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| 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 | — | $36.7M |
| Free Cash FlowOCF − Capex | — | $27.8M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $36.7M | ||
| Q3 25 | — | $-26.6M | ||
| Q2 25 | — | $-7.0M | ||
| Q1 25 | $-43.7M | $-22.1M | ||
| Q4 24 | — | $2.8M | ||
| Q3 24 | — | $-332.0K | ||
| Q2 24 | $-85.9M | $-23.7M | ||
| Q1 24 | $29.9M | $8.0M |
| Q4 25 | — | $27.8M | ||
| Q3 25 | — | $-44.7M | ||
| Q2 25 | — | $-27.5M | ||
| Q1 25 | $-46.2M | $-63.4M | ||
| Q4 24 | — | $-15.4M | ||
| Q3 24 | — | $-36.7M | ||
| Q2 24 | — | $-59.9M | ||
| Q1 24 | — | $-60.9M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -12.6% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | -9.8% | -29.7% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -16.6% | ||
| Q2 24 | — | -28.7% | ||
| Q1 24 | — | -31.7% |
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | 0.5% | 19.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 35.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -1.82× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -3.25× | — | ||
| Q1 24 | 1.60× | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
