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Side-by-side financial comparison of INSMED Inc (INSM) and UNITIL CORP (UTL). Click either name above to swap in a different company.

INSMED Inc is the larger business by last-quarter revenue ($263.8M vs $161.5M, roughly 1.6× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs -124.5%, a 136.3% gap on every dollar of revenue. On growth, INSMED Inc posted the faster year-over-year revenue change (152.6% vs 26.7%). UNITIL CORP produced more free cash flow last quarter ($-36.3M vs $-264.2M). Over the past eight quarters, INSMED Inc's revenue compounded faster (86.9% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

INSM vs UTL — Head-to-Head

Bigger by revenue
INSM
INSM
1.6× larger
INSM
$263.8M
$161.5M
UTL
Growing faster (revenue YoY)
INSM
INSM
+126.0% gap
INSM
152.6%
26.7%
UTL
Higher net margin
UTL
UTL
136.3% more per $
UTL
11.8%
-124.5%
INSM
More free cash flow
UTL
UTL
$227.9M more FCF
UTL
$-36.3M
$-264.2M
INSM
Faster 2-yr revenue CAGR
INSM
INSM
Annualised
INSM
86.9%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSM
INSM
UTL
UTL
Revenue
$263.8M
$161.5M
Net Profit
$-328.5M
$19.0M
Gross Margin
83.2%
Operating Margin
-121.2%
21.5%
Net Margin
-124.5%
11.8%
Revenue YoY
152.6%
26.7%
Net Profit YoY
-39.5%
21.8%
EPS (diluted)
$-1.55
$1.05

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
UTL
UTL
Q4 25
$263.8M
$161.5M
Q3 25
$142.3M
$101.1M
Q2 25
$107.4M
$102.6M
Q1 25
$92.8M
$170.8M
Q4 24
$104.4M
$127.5M
Q3 24
$93.4M
$92.9M
Q2 24
$90.3M
$95.7M
Q1 24
$75.5M
$178.7M
Net Profit
INSM
INSM
UTL
UTL
Q4 25
$-328.5M
$19.0M
Q3 25
$-370.0M
$-300.0K
Q2 25
$-321.7M
$4.0M
Q1 25
$-256.6M
$27.5M
Q4 24
$-235.5M
$15.6M
Q3 24
$-220.5M
$0
Q2 24
$-300.6M
$4.3M
Q1 24
$-157.1M
$27.2M
Gross Margin
INSM
INSM
UTL
UTL
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
UTL
UTL
Q4 25
-121.2%
21.5%
Q3 25
-257.1%
6.9%
Q2 25
-291.3%
13.0%
Q1 25
-267.3%
27.0%
Q4 24
-220.6%
22.1%
Q3 24
-228.4%
6.2%
Q2 24
-319.8%
13.0%
Q1 24
-192.7%
24.7%
Net Margin
INSM
INSM
UTL
UTL
Q4 25
-124.5%
11.8%
Q3 25
-260.0%
-0.3%
Q2 25
-299.5%
3.9%
Q1 25
-276.4%
16.1%
Q4 24
-225.5%
12.2%
Q3 24
-236.0%
Q2 24
-332.8%
4.5%
Q1 24
-208.1%
15.2%
EPS (diluted)
INSM
INSM
UTL
UTL
Q4 25
$-1.55
$1.05
Q3 25
$-1.75
$-0.02
Q2 25
$-1.70
$0.25
Q1 25
$-1.42
$1.69
Q4 24
$-1.30
$0.97
Q3 24
$-1.27
$0.00
Q2 24
$-1.94
$0.27
Q1 24
$-1.06
$1.69

Balance Sheet & Financial Strength

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

Metric
INSM
INSM
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$1.4B
$15.6M
Total DebtLower is stronger
$546.8M
$670.5M
Stockholders' EquityBook value
$739.0M
$609.6M
Total Assets
$2.3B
$2.1B
Debt / EquityLower = less leverage
0.74×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSM
INSM
UTL
UTL
Q4 25
$1.4B
$15.6M
Q3 25
$1.7B
$14.6M
Q2 25
$1.9B
$8.5M
Q1 25
$1.2B
$10.2M
Q4 24
$1.4B
$6.3M
Q3 24
$1.5B
$6.3M
Q2 24
$1.2B
$2.8M
Q1 24
$595.7M
$6.3M
Total Debt
INSM
INSM
UTL
UTL
Q4 25
$546.8M
$670.5M
Q3 25
$546.8M
$670.5M
Q2 25
$546.8M
$640.7M
Q1 25
$1.1B
$642.1M
Q4 24
$1.1B
$643.3M
Q3 24
$971.8M
$643.3M
Q2 24
$1.2B
$511.3M
Q1 24
$1.2B
$512.8M
Stockholders' Equity
INSM
INSM
UTL
UTL
Q4 25
$739.0M
$609.6M
Q3 25
$945.6M
$597.2M
Q2 25
$1.2B
$532.8M
Q1 25
$99.2M
$534.1M
Q4 24
$285.4M
$512.5M
Q3 24
$483.4M
$502.4M
Q2 24
$38.8M
$508.8M
Q1 24
$-464.8M
$510.8M
Total Assets
INSM
INSM
UTL
UTL
Q4 25
$2.3B
$2.1B
Q3 25
$2.4B
$1.9B
Q2 25
$2.5B
$1.9B
Q1 25
$1.8B
$1.9B
Q4 24
$2.0B
$1.8B
Q3 24
$2.1B
$1.7B
Q2 24
$1.8B
$1.7B
Q1 24
$1.2B
$1.7B
Debt / Equity
INSM
INSM
UTL
UTL
Q4 25
0.74×
1.10×
Q3 25
0.58×
1.12×
Q2 25
0.44×
1.20×
Q1 25
11.31×
1.20×
Q4 24
3.93×
1.26×
Q3 24
2.01×
1.28×
Q2 24
30.66×
1.00×
Q1 24
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$-247.6M
$21.4M
Free Cash FlowOCF − Capex
$-264.2M
$-36.3M
FCF MarginFCF / Revenue
-100.1%
-22.5%
Capex IntensityCapex / Revenue
6.3%
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-967.6M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSM
INSM
UTL
UTL
Q4 25
$-247.6M
$21.4M
Q3 25
$-219.8M
$15.6M
Q2 25
$-205.6M
$42.2M
Q1 25
$-262.1M
$52.1M
Q4 24
$-196.0M
$23.3M
Q3 24
$-180.9M
$26.1M
Q2 24
$-123.0M
$49.9M
Q1 24
$-184.0M
$26.6M
Free Cash Flow
INSM
INSM
UTL
UTL
Q4 25
$-264.2M
$-36.3M
Q3 25
$-222.2M
$-39.0M
Q2 25
$-209.1M
$2.0M
Q1 25
$-272.2M
$19.5M
Q4 24
$-202.8M
$-32.3M
Q3 24
$-184.6M
$-31.3M
Q2 24
$-129.7M
$13.2M
Q1 24
$-188.7M
$6.4M
FCF Margin
INSM
INSM
UTL
UTL
Q4 25
-100.1%
-22.5%
Q3 25
-156.1%
-38.6%
Q2 25
-194.6%
1.9%
Q1 25
-293.2%
11.4%
Q4 24
-194.1%
-25.3%
Q3 24
-197.6%
-33.7%
Q2 24
-143.6%
13.8%
Q1 24
-250.0%
3.6%
Capex Intensity
INSM
INSM
UTL
UTL
Q4 25
6.3%
35.7%
Q3 25
1.7%
54.0%
Q2 25
3.2%
39.2%
Q1 25
10.8%
19.1%
Q4 24
6.5%
43.6%
Q3 24
3.9%
61.8%
Q2 24
7.5%
38.3%
Q1 24
6.2%
11.3%
Cash Conversion
INSM
INSM
UTL
UTL
Q4 25
1.13×
Q3 25
Q2 25
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
11.60×
Q1 24
0.98×

Financial Flow Comparison

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

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