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Side-by-side financial comparison of Inogen Inc (INGN) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

Inogen Inc is the larger business by last-quarter revenue ($68.6M vs $52.3M, roughly 1.3× RICHARDSON ELECTRONICS, LTD.). On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs 3.4%). RICHARDSON ELECTRONICS, LTD. produced more free cash flow last quarter ($-1.7M vs $-1.9M). Over the past eight quarters, Inogen Inc's revenue compounded faster (4.2% CAGR vs -0.3%).

Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

INGN vs RELL — Head-to-Head

Bigger by revenue
INGN
INGN
1.3× larger
INGN
$68.6M
$52.3M
RELL
Growing faster (revenue YoY)
RELL
RELL
+2.2% gap
RELL
5.7%
3.4%
INGN
More free cash flow
RELL
RELL
$217.0K more FCF
RELL
$-1.7M
$-1.9M
INGN
Faster 2-yr revenue CAGR
INGN
INGN
Annualised
INGN
4.2%
-0.3%
RELL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
INGN
INGN
RELL
RELL
Revenue
$68.6M
$52.3M
Net Profit
$-121.0K
Gross Margin
51.4%
30.7%
Operating Margin
-13.6%
0.3%
Net Margin
-0.2%
Revenue YoY
3.4%
5.7%
Net Profit YoY
83.9%
EPS (diluted)
$-0.26

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
INGN
INGN
RELL
RELL
Q4 25
$68.6M
$52.3M
Q3 25
$79.1M
$54.6M
Q2 25
$79.2M
Q1 25
$68.5M
$53.8M
Q4 24
$66.3M
$49.5M
Q3 24
$74.9M
$53.7M
Q2 24
$74.4M
Q1 24
$63.1M
$52.4M
Net Profit
INGN
INGN
RELL
RELL
Q4 25
$-121.0K
Q3 25
$-5.3M
$1.9M
Q2 25
$-4.2M
Q1 25
$-6.2M
$-2.1M
Q4 24
$-751.0K
Q3 24
$-6.0M
$590.0K
Q2 24
$-5.6M
Q1 24
$-14.6M
$750.0K
Gross Margin
INGN
INGN
RELL
RELL
Q4 25
51.4%
30.7%
Q3 25
52.2%
31.0%
Q2 25
52.2%
Q1 25
53.1%
31.0%
Q4 24
54.7%
31.0%
Q3 24
55.2%
30.6%
Q2 24
57.4%
Q1 24
54.5%
29.5%
Operating Margin
INGN
INGN
RELL
RELL
Q4 25
-13.6%
0.3%
Q3 25
-9.0%
1.8%
Q2 25
-7.7%
Q1 25
-11.2%
-5.1%
Q4 24
-17.2%
-1.3%
Q3 24
-10.4%
0.6%
Q2 24
-9.5%
Q1 24
-25.8%
1.9%
Net Margin
INGN
INGN
RELL
RELL
Q4 25
-0.2%
Q3 25
-6.7%
3.5%
Q2 25
-5.2%
Q1 25
-9.0%
-3.8%
Q4 24
-1.5%
Q3 24
-8.0%
1.1%
Q2 24
-7.5%
Q1 24
-23.1%
1.4%
EPS (diluted)
INGN
INGN
RELL
RELL
Q4 25
$-0.26
Q3 25
$-0.20
Q2 25
$-0.15
Q1 25
$-0.25
Q4 24
$-0.41
Q3 24
$-0.25
Q2 24
$-0.24
Q1 24
$-0.62

Balance Sheet & Financial Strength

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

Metric
INGN
INGN
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$103.7M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$192.2M
$158.5M
Total Assets
$298.6M
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INGN
INGN
RELL
RELL
Q4 25
$103.7M
$33.1M
Q3 25
$106.5M
$35.7M
Q2 25
$103.7M
Q1 25
$118.9M
$36.7M
Q4 24
$113.8M
$26.6M
Q3 24
$105.7M
$23.0M
Q2 24
$97.9M
Q1 24
$107.4M
$18.9M
Stockholders' Equity
INGN
INGN
RELL
RELL
Q4 25
$192.2M
$158.5M
Q3 25
$197.2M
$159.4M
Q2 25
$199.5M
Q1 25
$198.0M
$152.9M
Q4 24
$173.9M
$156.2M
Q3 24
$185.4M
$159.1M
Q2 24
$187.6M
Q1 24
$191.9M
$158.6M
Total Assets
INGN
INGN
RELL
RELL
Q4 25
$298.6M
$201.8M
Q3 25
$307.0M
$200.1M
Q2 25
$312.0M
Q1 25
$308.4M
$189.8M
Q4 24
$296.2M
$195.2M
Q3 24
$306.2M
$197.9M
Q2 24
$308.9M
Q1 24
$315.6M
$193.6M

Cash Flow & Capital Efficiency

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

Metric
INGN
INGN
RELL
RELL
Operating Cash FlowLast quarter
$-943.0K
$-99.0K
Free Cash FlowOCF − Capex
$-1.9M
$-1.7M
FCF MarginFCF / Revenue
-2.8%
-3.3%
Capex IntensityCapex / Revenue
1.4%
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.7M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INGN
INGN
RELL
RELL
Q4 25
$-943.0K
$-99.0K
Q3 25
$2.2M
$1.4M
Q2 25
$4.3M
Q1 25
$-16.8M
$4.6M
Q4 24
$-3.0M
$5.5M
Q3 24
$7.0M
$412.0K
Q2 24
$6.7M
Q1 24
$-4.7M
$-2.5M
Free Cash Flow
INGN
INGN
RELL
RELL
Q4 25
$-1.9M
$-1.7M
Q3 25
$1.6M
$342.0K
Q2 25
$3.7M
Q1 25
$-17.1M
$4.1M
Q4 24
$-3.3M
$4.9M
Q3 24
$5.3M
$-514.0K
Q2 24
$6.6M
Q1 24
$-6.1M
$-2.9M
FCF Margin
INGN
INGN
RELL
RELL
Q4 25
-2.8%
-3.3%
Q3 25
2.0%
0.6%
Q2 25
4.6%
Q1 25
-24.9%
7.5%
Q4 24
-5.0%
10.0%
Q3 24
7.1%
-1.0%
Q2 24
8.9%
Q1 24
-9.6%
-5.6%
Capex Intensity
INGN
INGN
RELL
RELL
Q4 25
1.4%
3.1%
Q3 25
0.7%
1.9%
Q2 25
0.9%
Q1 25
0.4%
1.0%
Q4 24
0.5%
1.0%
Q3 24
2.2%
1.7%
Q2 24
0.1%
Q1 24
2.1%
0.8%
Cash Conversion
INGN
INGN
RELL
RELL
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24
-3.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INGN
INGN

Other$36.1M53%
Non Us$32.5M47%

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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