vs

Side-by-side financial comparison of Inspired Entertainment, Inc. (INSE) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.

TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $77.2M, roughly 1.3× Inspired Entertainment, Inc.). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs -9.3%, a 19.6% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -6.8%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-9.9M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs 11.3%).

Alchemy Copyrights, LLC, doing business as Concord, is an independent American entertainment company. It develops, manages and acquires sound recordings, music publishing rights, theatrical performance rights, and narrative content for film and television. Concord is majority owned by the State of Michigan Retirement System.

Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.

INSE vs TCMD — Head-to-Head

Bigger by revenue
TCMD
TCMD
1.3× larger
TCMD
$103.6M
$77.2M
INSE
Growing faster (revenue YoY)
TCMD
TCMD
+27.8% gap
TCMD
21.0%
-6.8%
INSE
Higher net margin
TCMD
TCMD
19.6% more per $
TCMD
10.3%
-9.3%
INSE
More free cash flow
TCMD
TCMD
$26.7M more FCF
TCMD
$16.8M
$-9.9M
INSE
Faster 2-yr revenue CAGR
TCMD
TCMD
Annualised
TCMD
30.2%
11.3%
INSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSE
INSE
TCMD
TCMD
Revenue
$77.2M
$103.6M
Net Profit
$-7.2M
$10.6M
Gross Margin
78.2%
Operating Margin
14.6%
18.1%
Net Margin
-9.3%
10.3%
Revenue YoY
-6.8%
21.0%
Net Profit YoY
-110.7%
9.4%
EPS (diluted)
$-0.24
$0.45

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
INSE
INSE
TCMD
TCMD
Q4 25
$77.2M
$103.6M
Q3 25
$86.2M
$85.8M
Q2 25
$80.3M
$78.9M
Q1 25
$60.4M
$61.3M
Q4 24
$82.8M
$85.6M
Q3 24
$77.2M
$73.1M
Q2 24
$74.8M
$73.2M
Q1 24
$62.3M
$61.1M
Net Profit
INSE
INSE
TCMD
TCMD
Q4 25
$-7.2M
$10.6M
Q3 25
$-1.9M
$8.2M
Q2 25
$-7.8M
$3.2M
Q1 25
$-100.0K
$-3.0M
Q4 24
$67.0M
$9.7M
Q3 24
$2.8M
$5.2M
Q2 24
$1.4M
$4.3M
Q1 24
$-6.4M
$-2.2M
Gross Margin
INSE
INSE
TCMD
TCMD
Q4 25
78.2%
Q3 25
75.8%
Q2 25
74.5%
Q1 25
74.0%
Q4 24
75.2%
Q3 24
75.0%
Q2 24
73.9%
Q1 24
74.5%
71.1%
Operating Margin
INSE
INSE
TCMD
TCMD
Q4 25
14.6%
18.1%
Q3 25
11.3%
12.8%
Q2 25
9.8%
5.2%
Q1 25
2.6%
-7.4%
Q4 24
15.6%
14.6%
Q3 24
14.5%
9.3%
Q2 24
11.6%
8.0%
Q1 24
-3.4%
-4.9%
Net Margin
INSE
INSE
TCMD
TCMD
Q4 25
-9.3%
10.3%
Q3 25
-2.2%
9.6%
Q2 25
-9.7%
4.1%
Q1 25
-0.2%
-4.9%
Q4 24
80.9%
11.4%
Q3 24
3.6%
7.1%
Q2 24
1.9%
5.9%
Q1 24
-10.3%
-3.6%
EPS (diluted)
INSE
INSE
TCMD
TCMD
Q4 25
$-0.24
$0.45
Q3 25
$-0.07
$0.36
Q2 25
$-0.27
$0.14
Q1 25
$0.00
$-0.13
Q4 24
$2.29
$0.40
Q3 24
$0.10
$0.21
Q2 24
$0.05
$0.18
Q1 24
$-0.22
$-0.09

Balance Sheet & Financial Strength

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

Metric
INSE
INSE
TCMD
TCMD
Cash + ST InvestmentsLiquidity on hand
$83.4M
Total DebtLower is stronger
$363.2M
$0
Stockholders' EquityBook value
$-16.2M
$218.9M
Total Assets
$439.9M
$273.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSE
INSE
TCMD
TCMD
Q4 25
$83.4M
Q3 25
$66.0M
Q2 25
$81.5M
Q1 25
$83.6M
Q4 24
$94.4M
Q3 24
$82.1M
Q2 24
$73.6M
Q1 24
$60.7M
Total Debt
INSE
INSE
TCMD
TCMD
Q4 25
$363.2M
$0
Q3 25
$0
Q2 25
Q1 25
Q4 24
$313.2M
Q3 24
$27.0M
Q2 24
$27.8M
Q1 24
$28.5M
Stockholders' Equity
INSE
INSE
TCMD
TCMD
Q4 25
$-16.2M
$218.9M
Q3 25
$-9.0M
$204.9M
Q2 25
$-9.5M
$194.9M
Q1 25
$-2.2M
$205.6M
Q4 24
$-3.3M
$216.6M
Q3 24
$-78.2M
$207.9M
Q2 24
$-77.1M
$200.7M
Q1 24
$-80.3M
$193.5M
Total Assets
INSE
INSE
TCMD
TCMD
Q4 25
$439.9M
$273.9M
Q3 25
$485.8M
$259.2M
Q2 25
$486.8M
$273.0M
Q1 25
$458.9M
$280.2M
Q4 24
$438.4M
$297.9M
Q3 24
$388.6M
$287.7M
Q2 24
$326.6M
$278.8M
Q1 24
$331.1M
$272.0M
Debt / Equity
INSE
INSE
TCMD
TCMD
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.15×

Cash Flow & Capital Efficiency

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

Metric
INSE
INSE
TCMD
TCMD
Operating Cash FlowLast quarter
$1.2M
$17.3M
Free Cash FlowOCF − Capex
$-9.9M
$16.8M
FCF MarginFCF / Revenue
-12.8%
16.2%
Capex IntensityCapex / Revenue
14.4%
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$16.3M
$40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSE
INSE
TCMD
TCMD
Q4 25
$1.2M
$17.3M
Q3 25
$10.1M
$10.3M
Q2 25
$15.2M
$14.8M
Q1 25
$25.5M
$417.0K
Q4 24
$6.9M
$16.3M
Q3 24
$21.2M
$10.3M
Q2 24
$-2.4M
$13.1M
Q1 24
$6.0M
$924.0K
Free Cash Flow
INSE
INSE
TCMD
TCMD
Q4 25
$-9.9M
$16.8M
Q3 25
$4.3M
$9.2M
Q2 25
$5.6M
$14.4M
Q1 25
$16.3M
$38.0K
Q4 24
$1.6M
$15.9M
Q3 24
$16.8M
$9.3M
Q2 24
$-5.3M
$12.6M
Q1 24
$1.6M
$442.0K
FCF Margin
INSE
INSE
TCMD
TCMD
Q4 25
-12.8%
16.2%
Q3 25
5.0%
10.8%
Q2 25
7.0%
18.2%
Q1 25
27.0%
0.1%
Q4 24
1.9%
18.5%
Q3 24
21.8%
12.7%
Q2 24
-7.1%
17.3%
Q1 24
2.6%
0.7%
Capex Intensity
INSE
INSE
TCMD
TCMD
Q4 25
14.4%
0.5%
Q3 25
6.7%
1.3%
Q2 25
12.0%
0.5%
Q1 25
15.2%
0.6%
Q4 24
6.4%
0.5%
Q3 24
5.7%
1.3%
Q2 24
3.9%
0.7%
Q1 24
7.1%
0.8%
Cash Conversion
INSE
INSE
TCMD
TCMD
Q4 25
1.63×
Q3 25
1.26×
Q2 25
4.59×
Q1 25
Q4 24
0.10×
1.68×
Q3 24
7.57×
1.99×
Q2 24
-1.71×
3.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSE
INSE

Gaming$36.3M47%
Interactive$17.8M23%
Leisure$13.7M18%
Product Sales$8.8M11%

TCMD
TCMD

Private Insurers$57.6M56%
Medicare$24.6M24%
Durable Medical Equipment Distributors$14.1M14%
Veterans Administration$7.3M7%

Related Comparisons