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Side-by-side financial comparison of Inogen Inc (INGN) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $68.6M, roughly 1.4× Inogen Inc). On growth, Safehold Inc. posted the faster year-over-year revenue change (6.5% vs 3.4%). Over the past eight quarters, Inogen Inc's revenue compounded faster (4.2% CAGR vs 2.5%).
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.
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
INGN vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $68.6M | $97.9M |
| Net Profit | — | $27.9M |
| Gross Margin | 51.4% | 98.6% |
| Operating Margin | -13.6% | 27.4% |
| Net Margin | — | 28.5% |
| Revenue YoY | 3.4% | 6.5% |
| Net Profit YoY | — | 7.1% |
| EPS (diluted) | $-0.26 | $0.38 |
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 | $68.6M | $97.9M | ||
| Q3 25 | $79.1M | $96.2M | ||
| Q2 25 | $79.2M | $93.8M | ||
| Q1 25 | $68.5M | $97.7M | ||
| Q4 24 | $66.3M | $91.9M | ||
| Q3 24 | $74.9M | $90.7M | ||
| Q2 24 | $74.4M | $89.9M | ||
| Q1 24 | $63.1M | $93.2M |
| Q4 25 | — | $27.9M | ||
| Q3 25 | $-5.3M | $29.3M | ||
| Q2 25 | $-4.2M | $27.9M | ||
| Q1 25 | $-6.2M | $29.4M | ||
| Q4 24 | — | $26.0M | ||
| Q3 24 | $-6.0M | $19.3M | ||
| Q2 24 | $-5.6M | $29.7M | ||
| Q1 24 | $-14.6M | $30.7M |
| Q4 25 | 51.4% | 98.6% | ||
| Q3 25 | 52.2% | 98.5% | ||
| Q2 25 | 52.2% | 99.1% | ||
| Q1 25 | 53.1% | 98.8% | ||
| Q4 24 | 54.7% | 98.8% | ||
| Q3 24 | 55.2% | 98.8% | ||
| Q2 24 | 57.4% | 98.8% | ||
| Q1 24 | 54.5% | 98.8% |
| Q4 25 | -13.6% | 27.4% | ||
| Q3 25 | -9.0% | 25.9% | ||
| Q2 25 | -7.7% | 25.5% | ||
| Q1 25 | -11.2% | 25.9% | ||
| Q4 24 | -17.2% | 24.6% | ||
| Q3 24 | -10.4% | 17.5% | ||
| Q2 24 | -9.5% | 26.7% | ||
| Q1 24 | -25.8% | 26.4% |
| Q4 25 | — | 28.5% | ||
| Q3 25 | -6.7% | 30.5% | ||
| Q2 25 | -5.2% | 29.8% | ||
| Q1 25 | -9.0% | 30.1% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | -8.0% | 21.3% | ||
| Q2 24 | -7.5% | 33.0% | ||
| Q1 24 | -23.1% | 33.0% |
| Q4 25 | $-0.26 | $0.38 | ||
| Q3 25 | $-0.20 | $0.41 | ||
| Q2 25 | $-0.15 | $0.39 | ||
| Q1 25 | $-0.25 | $0.41 | ||
| Q4 24 | $-0.41 | $0.36 | ||
| Q3 24 | $-0.25 | $0.27 | ||
| Q2 24 | $-0.24 | $0.42 | ||
| Q1 24 | $-0.62 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.7M | $21.7M |
| Total DebtLower is stronger | — | $4.6B |
| Stockholders' EquityBook value | $192.2M | $2.4B |
| Total Assets | $298.6M | $7.2B |
| Debt / EquityLower = less leverage | — | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.7M | $21.7M | ||
| Q3 25 | $106.5M | $12.1M | ||
| Q2 25 | $103.7M | $13.9M | ||
| Q1 25 | $118.9M | $17.3M | ||
| Q4 24 | $113.8M | $8.3M | ||
| Q3 24 | $105.7M | $15.6M | ||
| Q2 24 | $97.9M | $13.4M | ||
| Q1 24 | $107.4M | $11.3M |
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $4.1B |
| Q4 25 | $192.2M | $2.4B | ||
| Q3 25 | $197.2M | $2.4B | ||
| Q2 25 | $199.5M | $2.4B | ||
| Q1 25 | $198.0M | $2.4B | ||
| Q4 24 | $173.9M | $2.3B | ||
| Q3 24 | $185.4M | $2.3B | ||
| Q2 24 | $187.6M | $2.3B | ||
| Q1 24 | $191.9M | $2.3B |
| Q4 25 | $298.6M | $7.2B | ||
| Q3 25 | $307.0M | $7.1B | ||
| Q2 25 | $312.0M | $7.1B | ||
| Q1 25 | $308.4M | $6.9B | ||
| Q4 24 | $296.2M | $6.9B | ||
| Q3 24 | $306.2M | $6.8B | ||
| Q2 24 | $308.9M | $6.8B | ||
| Q1 24 | $315.6M | $6.7B |
| Q4 25 | — | 1.90× | ||
| Q3 25 | — | 1.89× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | 1.85× | ||
| Q4 24 | — | 1.84× | ||
| Q3 24 | — | 1.88× | ||
| Q2 24 | — | 1.81× | ||
| Q1 24 | — | 1.81× |
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 | $-943.0K | $47.8M |
| Free Cash FlowOCF − Capex | $-1.9M | — |
| FCF MarginFCF / Revenue | -2.8% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $-13.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-943.0K | $47.8M | ||
| Q3 25 | $2.2M | $-1.4M | ||
| Q2 25 | $4.3M | $28.0M | ||
| Q1 25 | $-16.8M | $8.9M | ||
| Q4 24 | $-3.0M | $37.9M | ||
| Q3 24 | $7.0M | $8.3M | ||
| Q2 24 | $6.7M | $24.8M | ||
| Q1 24 | $-4.7M | $-3.1M |
| Q4 25 | $-1.9M | — | ||
| Q3 25 | $1.6M | — | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $-17.1M | — | ||
| Q4 24 | $-3.3M | — | ||
| Q3 24 | $5.3M | — | ||
| Q2 24 | $6.6M | — | ||
| Q1 24 | $-6.1M | — |
| Q4 25 | -2.8% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | -24.9% | — | ||
| Q4 24 | -5.0% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 8.9% | — | ||
| Q1 24 | -9.6% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 2.1% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | -0.05× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
