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Side-by-side financial comparison of INSMED Inc (INSM) and ProPetro Holding Corp. (PUMP). Click either name above to swap in a different company.

ProPetro Holding Corp. is the larger business by last-quarter revenue ($289.7M vs $263.8M, roughly 1.1× INSMED Inc). On growth, INSMED Inc posted the faster year-over-year revenue change (152.6% vs -9.6%). ProPetro Holding Corp. produced more free cash flow last quarter ($16.8M vs $-264.2M). Over the past eight quarters, INSMED Inc's revenue compounded faster (86.9% CAGR vs -15.5%).

Insmed Inc. is a global biopharmaceutical firm focused on developing and commercializing innovative therapies for patients with serious rare diseases that have high unmet medical needs. Its key offerings target pulmonary and endocrine rare disorders, serving markets across North America, Europe, and Asia Pacific.

ProPetro Holding Corp. is a leading U.S.-based oilfield services provider. It offers hydraulic fracturing, well completion and related supporting services primarily to onshore oil and gas exploration and production operators, with core operations concentrated in the Permian Basin spanning Texas and New Mexico.

INSM vs PUMP — Head-to-Head

Bigger by revenue
PUMP
PUMP
1.1× larger
PUMP
$289.7M
$263.8M
INSM
Growing faster (revenue YoY)
INSM
INSM
+162.3% gap
INSM
152.6%
-9.6%
PUMP
More free cash flow
PUMP
PUMP
$281.0M more FCF
PUMP
$16.8M
$-264.2M
INSM
Faster 2-yr revenue CAGR
INSM
INSM
Annualised
INSM
86.9%
-15.5%
PUMP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSM
INSM
PUMP
PUMP
Revenue
$263.8M
$289.7M
Net Profit
$-328.5M
Gross Margin
83.2%
Operating Margin
-121.2%
2.1%
Net Margin
-124.5%
Revenue YoY
152.6%
-9.6%
Net Profit YoY
-39.5%
EPS (diluted)
$-1.55
$0.01

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
INSM
INSM
PUMP
PUMP
Q4 25
$263.8M
$289.7M
Q3 25
$142.3M
$293.9M
Q2 25
$107.4M
$326.2M
Q1 25
$92.8M
$359.4M
Q4 24
$104.4M
$320.6M
Q3 24
$93.4M
$360.9M
Q2 24
$90.3M
$357.0M
Q1 24
$75.5M
$405.8M
Net Profit
INSM
INSM
PUMP
PUMP
Q4 25
$-328.5M
Q3 25
$-370.0M
$-2.4M
Q2 25
$-321.7M
$-7.2M
Q1 25
$-256.6M
$9.6M
Q4 24
$-235.5M
Q3 24
$-220.5M
$-137.1M
Q2 24
$-300.6M
$-3.7M
Q1 24
$-157.1M
$19.9M
Gross Margin
INSM
INSM
PUMP
PUMP
Q4 25
83.2%
Q3 25
79.4%
Q2 25
73.9%
Q1 25
77.1%
Q4 24
75.0%
Q3 24
77.3%
Q2 24
76.8%
Q1 24
76.9%
Operating Margin
INSM
INSM
PUMP
PUMP
Q4 25
-121.2%
2.1%
Q3 25
-257.1%
-2.1%
Q2 25
-291.3%
-1.0%
Q1 25
-267.3%
2.6%
Q4 24
-220.6%
-5.8%
Q3 24
-228.4%
-49.4%
Q2 24
-319.8%
-0.1%
Q1 24
-192.7%
7.5%
Net Margin
INSM
INSM
PUMP
PUMP
Q4 25
-124.5%
Q3 25
-260.0%
-0.8%
Q2 25
-299.5%
-2.2%
Q1 25
-276.4%
2.7%
Q4 24
-225.5%
Q3 24
-236.0%
-38.0%
Q2 24
-332.8%
-1.0%
Q1 24
-208.1%
4.9%
EPS (diluted)
INSM
INSM
PUMP
PUMP
Q4 25
$-1.55
$0.01
Q3 25
$-1.75
$-0.02
Q2 25
$-1.70
$-0.07
Q1 25
$-1.42
$0.09
Q4 24
$-1.30
$-0.14
Q3 24
$-1.27
$-1.32
Q2 24
$-1.94
$-0.03
Q1 24
$-1.06
$0.18

Balance Sheet & Financial Strength

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

Metric
INSM
INSM
PUMP
PUMP
Cash + ST InvestmentsLiquidity on hand
$1.4B
$91.3M
Total DebtLower is stronger
$546.8M
Stockholders' EquityBook value
$739.0M
$829.8M
Total Assets
$2.3B
$1.3B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSM
INSM
PUMP
PUMP
Q4 25
$1.4B
$91.3M
Q3 25
$1.7B
$76.7M
Q2 25
$1.9B
$83.0M
Q1 25
$1.2B
$71.4M
Q4 24
$1.4B
$58.3M
Q3 24
$1.5B
$54.0M
Q2 24
$1.2B
$74.7M
Q1 24
$595.7M
$53.6M
Total Debt
INSM
INSM
PUMP
PUMP
Q4 25
$546.8M
Q3 25
$546.8M
Q2 25
$546.8M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$971.8M
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
INSM
INSM
PUMP
PUMP
Q4 25
$739.0M
$829.8M
Q3 25
$945.6M
$826.2M
Q2 25
$1.2B
$824.0M
Q1 25
$99.2M
$826.5M
Q4 24
$285.4M
$816.3M
Q3 24
$483.4M
$833.0M
Q2 24
$38.8M
$975.8M
Q1 24
$-464.8M
$998.2M
Total Assets
INSM
INSM
PUMP
PUMP
Q4 25
$2.3B
$1.3B
Q3 25
$2.4B
$1.3B
Q2 25
$2.5B
$1.2B
Q1 25
$1.8B
$1.2B
Q4 24
$2.0B
$1.2B
Q3 24
$2.1B
$1.3B
Q2 24
$1.8B
$1.5B
Q1 24
$1.2B
$1.2B
Debt / Equity
INSM
INSM
PUMP
PUMP
Q4 25
0.74×
Q3 25
0.58×
Q2 25
0.44×
Q1 25
11.31×
Q4 24
3.93×
Q3 24
2.01×
Q2 24
30.66×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
INSM
INSM
PUMP
PUMP
Operating Cash FlowLast quarter
$-247.6M
$81.0M
Free Cash FlowOCF − Capex
$-264.2M
$16.8M
FCF MarginFCF / Revenue
-100.1%
5.8%
Capex IntensityCapex / Revenue
6.3%
22.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-967.6M
$45.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSM
INSM
PUMP
PUMP
Q4 25
$-247.6M
$81.0M
Q3 25
$-219.8M
$41.7M
Q2 25
$-205.6M
$54.2M
Q1 25
$-262.1M
$54.7M
Q4 24
$-196.0M
$37.9M
Q3 24
$-180.9M
$34.7M
Q2 24
$-123.0M
$104.9M
Q1 24
$-184.0M
$74.8M
Free Cash Flow
INSM
INSM
PUMP
PUMP
Q4 25
$-264.2M
$16.8M
Q3 25
$-222.2M
$-2.4M
Q2 25
$-209.1M
$17.1M
Q1 25
$-272.2M
$13.8M
Q4 24
$-202.8M
$10.0M
Q3 24
$-184.6M
$-6.0M
Q2 24
$-129.7M
$67.7M
Q1 24
$-188.7M
$40.2M
FCF Margin
INSM
INSM
PUMP
PUMP
Q4 25
-100.1%
5.8%
Q3 25
-156.1%
-0.8%
Q2 25
-194.6%
5.2%
Q1 25
-293.2%
3.8%
Q4 24
-194.1%
3.1%
Q3 24
-197.6%
-1.7%
Q2 24
-143.6%
19.0%
Q1 24
-250.0%
9.9%
Capex Intensity
INSM
INSM
PUMP
PUMP
Q4 25
6.3%
22.2%
Q3 25
1.7%
15.0%
Q2 25
3.2%
11.4%
Q1 25
10.8%
11.4%
Q4 24
6.5%
8.7%
Q3 24
3.9%
11.3%
Q2 24
7.5%
10.4%
Q1 24
6.2%
8.5%
Cash Conversion
INSM
INSM
PUMP
PUMP
Q4 25
Q3 25
Q2 25
Q1 25
5.70×
Q4 24
Q3 24
Q2 24
Q1 24
3.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSM
INSM

Segment breakdown not available.

PUMP
PUMP

Hydraulic Fracturing Segment$203.9M70%
Wireline Operating Segment$55.4M19%
Cementing Operating Segment$29.6M10%

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