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Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) and Inotiv, Inc. (NOTV). Click either name above to swap in a different company.

Inotiv, Inc. is the larger business by last-quarter revenue ($120.9M vs $115.5M, roughly 1.0× INFINITY NATURAL RESOURCES, INC.). INFINITY NATURAL RESOURCES, INC. runs the higher net margin — 17.3% vs -23.5%, a 40.8% gap on every dollar of revenue.

Inotiv, Inc. is a contract research organization organized in Indiana and headquartered in Lafayette, Indiana. The company operates two core business units: Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The CRS business unit offers drug development and environmental sciences services, including safety assessment, analytical, metabolism, CMC and regulatory consultancy for small molecule drug candidates, biotherapeutics, and biomedical devices. The RMS business u...

INR vs NOTV — Head-to-Head

Bigger by revenue
NOTV
NOTV
1.0× larger
NOTV
$120.9M
$115.5M
INR
Higher net margin
INR
INR
40.8% more per $
INR
17.3%
-23.5%
NOTV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
INR
INR
NOTV
NOTV
Revenue
$115.5M
$120.9M
Net Profit
$20.0M
$-28.4M
Gross Margin
Operating Margin
47.0%
-13.5%
Net Margin
17.3%
-23.5%
Revenue YoY
0.8%
Net Profit YoY
-2.7%
EPS (diluted)
$1.33
$-0.83

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
INR
INR
NOTV
NOTV
Q4 25
$115.5M
$120.9M
Q3 25
$78.3M
$138.1M
Q2 25
$72.5M
$130.7M
Q1 25
$84.2M
$124.3M
Q4 24
$119.9M
Q3 24
$130.4M
Q2 24
$105.8M
Q1 24
$119.0M
Net Profit
INR
INR
NOTV
NOTV
Q4 25
$20.0M
$-28.4M
Q3 25
$10.4M
$-8.6M
Q2 25
$18.0M
$-17.6M
Q1 25
$-34.6M
$-14.9M
Q4 24
$-27.6M
Q3 24
$-18.9M
Q2 24
$-26.1M
Q1 24
$-48.1M
Operating Margin
INR
INR
NOTV
NOTV
Q4 25
47.0%
-13.5%
Q3 25
30.5%
-4.9%
Q2 25
29.9%
-4.3%
Q1 25
-104.5%
-2.4%
Q4 24
-12.9%
Q3 24
-10.1%
Q2 24
-19.6%
Q1 24
-36.2%
Net Margin
INR
INR
NOTV
NOTV
Q4 25
17.3%
-23.5%
Q3 25
13.3%
-6.2%
Q2 25
24.8%
-13.5%
Q1 25
-41.1%
-12.0%
Q4 24
-23.0%
Q3 24
-14.5%
Q2 24
-24.7%
Q1 24
-40.4%
EPS (diluted)
INR
INR
NOTV
NOTV
Q4 25
$1.33
$-0.83
Q3 25
$0.65
$-0.14
Q2 25
$1.18
$-0.51
Q1 25
$-2.27
$-0.44
Q4 24
$-1.02
Q3 24
$-0.73
Q2 24
$-1.00
Q1 24
$-1.86

Balance Sheet & Financial Strength

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

Metric
INR
INR
NOTV
NOTV
Cash + ST InvestmentsLiquidity on hand
$2.8M
$12.7M
Total DebtLower is stronger
$55.0K
$405.8M
Stockholders' EquityBook value
$307.1M
$109.0M
Total Assets
$1.2B
$734.3M
Debt / EquityLower = less leverage
0.00×
3.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INR
INR
NOTV
NOTV
Q4 25
$2.8M
$12.7M
Q3 25
$4.6M
$21.7M
Q2 25
$6.3M
$6.2M
Q1 25
$4.9M
$19.3M
Q4 24
$38.0M
Q3 24
$21.4M
Q2 24
$14.4M
Q1 24
$32.7M
Total Debt
INR
INR
NOTV
NOTV
Q4 25
$55.0K
$405.8M
Q3 25
$402.1M
Q2 25
$396.5M
Q1 25
$123.0K
$399.5M
Q4 24
$396.0M
Q3 24
$393.3M
Q2 24
$382.4M
Q1 24
$380.6M
Stockholders' Equity
INR
INR
NOTV
NOTV
Q4 25
$307.1M
$109.0M
Q3 25
$288.6M
$136.0M
Q2 25
$10.1M
$143.8M
Q1 25
$-52.2M
$157.7M
Q4 24
$169.8M
Q3 24
$170.5M
Q2 24
$182.1M
Q1 24
$207.2M
Total Assets
INR
INR
NOTV
NOTV
Q4 25
$1.2B
$734.3M
Q3 25
$1.1B
$771.1M
Q2 25
$1.0B
$759.7M
Q1 25
$953.9M
$766.0M
Q4 24
$772.9M
Q3 24
$781.4M
Q2 24
$774.6M
Q1 24
$815.4M
Debt / Equity
INR
INR
NOTV
NOTV
Q4 25
0.00×
3.72×
Q3 25
2.96×
Q2 25
2.76×
Q1 25
2.53×
Q4 24
2.33×
Q3 24
2.31×
Q2 24
2.10×
Q1 24
1.84×

Cash Flow & Capital Efficiency

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

Metric
INR
INR
NOTV
NOTV
Operating Cash FlowLast quarter
$75.1M
$-5.4M
Free Cash FlowOCF − Capex
$-10.6M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
3.75×
TTM Free Cash FlowTrailing 4 quarters
$-28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INR
INR
NOTV
NOTV
Q4 25
$75.1M
$-5.4M
Q3 25
$42.1M
$14.3M
Q2 25
$70.4M
$-7.4M
Q1 25
$74.2M
$-12.8M
Q4 24
$-4.5M
Q3 24
$-2.4M
Q2 24
$-14.8M
Q1 24
$16.9M
Free Cash Flow
INR
INR
NOTV
NOTV
Q4 25
$-10.6M
Q3 25
$11.6M
Q2 25
$-11.5M
Q1 25
$-18.3M
Q4 24
$-9.0M
Q3 24
$-7.7M
Q2 24
$-19.2M
Q1 24
$9.9M
FCF Margin
INR
INR
NOTV
NOTV
Q4 25
-8.8%
Q3 25
8.4%
Q2 25
-8.8%
Q1 25
-14.7%
Q4 24
-7.5%
Q3 24
-5.9%
Q2 24
-18.2%
Q1 24
8.3%
Capex Intensity
INR
INR
NOTV
NOTV
Q4 25
4.3%
Q3 25
1.9%
Q2 25
3.1%
Q1 25
4.4%
Q4 24
3.7%
Q3 24
4.1%
Q2 24
4.2%
Q1 24
5.9%
Cash Conversion
INR
INR
NOTV
NOTV
Q4 25
3.75×
Q3 25
4.04×
Q2 25
3.91×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INR
INR

Oil Reserves$54.0M47%
Natural Gas Reserves$46.8M41%
Natural Gas Liquids Reserves$14.7M13%

NOTV
NOTV

Research Models And Services Segment$72.9M60%
Discovery And Safety Assessment Segment$48.0M40%

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