vs

Side-by-side financial comparison of InfuSystem Holdings, Inc (INFU) and Americas Gold & Silver Corp (USAS). Click either name above to swap in a different company.

InfuSystem Holdings, Inc is the larger business by last-quarter revenue ($36.2M vs $19.1M, roughly 1.9× Americas Gold & Silver Corp). On growth, InfuSystem Holdings, Inc posted the faster year-over-year revenue change (7.0% vs -28.0%). InfuSystem Holdings, Inc produced more free cash flow last quarter ($7.0M vs $-41.3M).

InfuSystem Holdings, Inc. is a U.S.-headquartered healthcare provider specializing in infusion therapy solutions. It supplies programmable infusion pumps, matching disposable medical consumables, and professional clinical support services, serving oncology clinics, home healthcare providers, and acute care facilities across North America.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

INFU vs USAS — Head-to-Head

Bigger by revenue
INFU
INFU
1.9× larger
INFU
$36.2M
$19.1M
USAS
Growing faster (revenue YoY)
INFU
INFU
+35.1% gap
INFU
7.0%
-28.0%
USAS
More free cash flow
INFU
INFU
$48.3M more FCF
INFU
$7.0M
$-41.3M
USAS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
INFU
INFU
USAS
USAS
Revenue
$36.2M
$19.1M
Net Profit
$-15.7M
Gross Margin
56.4%
34.2%
Operating Margin
10.3%
Net Margin
-82.3%
Revenue YoY
7.0%
-28.0%
Net Profit YoY
2.8%
EPS (diluted)
$0.09

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.

Revenue
INFU
INFU
USAS
USAS
Q4 25
$36.2M
Q3 25
$36.5M
$19.1M
Q2 25
$36.0M
Q1 25
$34.7M
Q4 24
$33.8M
Q3 24
$35.3M
$26.5M
Q2 24
$33.7M
Q1 24
$32.0M
Net Profit
INFU
INFU
USAS
USAS
Q4 25
Q3 25
$2.3M
$-15.7M
Q2 25
$2.6M
Q1 25
$-267.0K
Q4 24
Q3 24
$1.8M
$-16.2M
Q2 24
$717.0K
Q1 24
$-1.1M
Gross Margin
INFU
INFU
USAS
USAS
Q4 25
56.4%
Q3 25
57.1%
34.2%
Q2 25
55.2%
Q1 25
55.2%
Q4 24
53.8%
Q3 24
53.9%
23.6%
Q2 24
49.5%
Q1 24
51.5%
Operating Margin
INFU
INFU
USAS
USAS
Q4 25
10.3%
Q3 25
10.4%
Q2 25
10.5%
Q1 25
1.8%
Q4 24
7.7%
Q3 24
9.2%
Q2 24
5.5%
Q1 24
-2.6%
Net Margin
INFU
INFU
USAS
USAS
Q4 25
Q3 25
6.2%
-82.3%
Q2 25
7.2%
Q1 25
-0.8%
Q4 24
Q3 24
5.1%
-60.9%
Q2 24
2.1%
Q1 24
-3.5%
EPS (diluted)
INFU
INFU
USAS
USAS
Q4 25
$0.09
Q3 25
$0.11
Q2 25
$0.12
Q1 25
$-0.01
Q4 24
$0.05
Q3 24
$0.08
Q2 24
$0.03
Q1 24
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INFU
INFU
USAS
USAS
Cash + ST InvestmentsLiquidity on hand
$3.2M
$39.1M
Total DebtLower is stronger
$19.6M
Stockholders' EquityBook value
$57.3M
$50.2M
Total Assets
$100.6M
$234.7M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INFU
INFU
USAS
USAS
Q4 25
$3.2M
Q3 25
$955.0K
$39.1M
Q2 25
$720.0K
Q1 25
$1.5M
Q4 24
$527.0K
Q3 24
$380.0K
Q2 24
$146.0K
Q1 24
$822.0K
Total Debt
INFU
INFU
USAS
USAS
Q4 25
$19.6M
Q3 25
$20.9M
Q2 25
$26.3M
Q1 25
$28.7M
Q4 24
$23.9M
Q3 24
$28.0M
Q2 24
$34.2M
Q1 24
$29.9M
Stockholders' Equity
INFU
INFU
USAS
USAS
Q4 25
$57.3M
Q3 25
$55.5M
$50.2M
Q2 25
$54.5M
Q1 25
$55.1M
Q4 24
$57.5M
Q3 24
$55.5M
$53.1M
Q2 24
$53.5M
Q1 24
$52.3M
Total Assets
INFU
INFU
USAS
USAS
Q4 25
$100.6M
Q3 25
$98.9M
$234.7M
Q2 25
$100.8M
Q1 25
$104.3M
Q4 24
$103.6M
Q3 24
$105.3M
Q2 24
$108.5M
Q1 24
$104.8M
Debt / Equity
INFU
INFU
USAS
USAS
Q4 25
0.34×
Q3 25
0.38×
Q2 25
0.48×
Q1 25
0.52×
Q4 24
0.41×
Q3 24
0.50×
Q2 24
0.64×
Q1 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INFU
INFU
USAS
USAS
Operating Cash FlowLast quarter
$7.1M
$-12.5M
Free Cash FlowOCF − Capex
$7.0M
$-41.3M
FCF MarginFCF / Revenue
19.3%
-216.5%
Capex IntensityCapex / Revenue
0.4%
150.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$23.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INFU
INFU
USAS
USAS
Q4 25
$7.1M
Q3 25
$8.5M
$-12.5M
Q2 25
$7.0M
Q1 25
$1.8M
Q4 24
$7.9M
Q3 24
$9.8M
$2.4M
Q2 24
$2.3M
Q1 24
$377.0K
Free Cash Flow
INFU
INFU
USAS
USAS
Q4 25
$7.0M
Q3 25
$8.4M
$-41.3M
Q2 25
$6.8M
Q1 25
$1.6M
Q4 24
$7.4M
Q3 24
$9.8M
$-11.2M
Q2 24
$2.0M
Q1 24
$195.0K
FCF Margin
INFU
INFU
USAS
USAS
Q4 25
19.3%
Q3 25
23.1%
-216.5%
Q2 25
18.9%
Q1 25
4.7%
Q4 24
21.9%
Q3 24
27.7%
-42.2%
Q2 24
5.9%
Q1 24
0.6%
Capex Intensity
INFU
INFU
USAS
USAS
Q4 25
0.4%
Q3 25
0.2%
150.8%
Q2 25
0.6%
Q1 25
0.4%
Q4 24
1.6%
Q3 24
0.1%
51.2%
Q2 24
1.0%
Q1 24
0.6%
Cash Conversion
INFU
INFU
USAS
USAS
Q4 25
Q3 25
3.76×
Q2 25
2.70×
Q1 25
Q4 24
Q3 24
5.45×
Q2 24
3.22×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INFU
INFU

Patient Services$20.0M55%
Device Solutions$14.4M40%
Other$1.9M5%

USAS
USAS

Segment breakdown not available.

Related Comparisons