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Side-by-side financial comparison of Ispire Technology Inc. (ISPR) and Zepp Health Corp (ZEPP). Click either name above to swap in a different company.
Ispire Technology Inc. is the larger business by last-quarter revenue ($20.3M vs $10.5M, roughly 1.9× Zepp Health Corp). Zepp Health Corp runs the higher net margin — -2.1% vs -32.5%, a 30.4% gap on every dollar of revenue. Over the past eight quarters, Zepp Health Corp's revenue compounded faster (-7.9% CAGR vs -17.8%).
Ispire Technology Inc. is a global tech firm specializing in R&D, manufacturing and sales of advanced vaporization hardware and supporting consumables. It serves nicotine and legal cannabis consumer markets, operates two core segments of hardware and branded cannabis products, covers North America, Europe and Asia-Pacific, delivering compliant innovative vapor solutions for B2B partners and end users.
Zepp Health Corp is a global digital health and smart wearable technology company. It develops and sells fitness trackers, smartwatches, and AI-powered health monitoring tools, serving individual consumers, sports teams, and healthcare providers across Asia, North America, and Europe, with core focus on wellness tracking and remote health management solutions.
ISPR vs ZEPP — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $20.3M | $10.5M |
| Net Profit | $-6.6M | $-223.0K |
| Gross Margin | 17.1% | 38.2% |
| Operating Margin | -33.9% | -1.2% |
| Net Margin | -32.5% | -2.1% |
| Revenue YoY | -51.5% | — |
| Net Profit YoY | 17.4% | — |
| EPS (diluted) | $-0.12 | $-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.
| Q4 25 | $20.3M | — | ||
| Q3 25 | $30.4M | $10.5M | ||
| Q2 25 | $20.1M | $8.2M | ||
| Q1 25 | $26.2M | $5.3M | ||
| Q4 24 | $41.8M | — | ||
| Q3 24 | $39.3M | $5.9M | ||
| Q2 24 | $37.3M | $5.6M | ||
| Q1 24 | $30.0M | $5.5M |
| Q4 25 | $-6.6M | — | ||
| Q3 25 | $-3.3M | $-223.0K | ||
| Q2 25 | $-14.8M | $-1.1M | ||
| Q1 25 | $-10.9M | $-2.7M | ||
| Q4 24 | $-8.0M | — | ||
| Q3 24 | $-5.6M | $-1.8M | ||
| Q2 24 | $-3.5M | $-1.5M | ||
| Q1 24 | $-5.9M | $-2.0M |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 17.0% | 38.2% | ||
| Q2 25 | 12.3% | 36.2% | ||
| Q1 25 | 18.2% | 37.3% | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | 19.5% | 40.6% | ||
| Q2 24 | 28.3% | 40.3% | ||
| Q1 24 | 20.4% | 36.8% |
| Q4 25 | -33.9% | — | ||
| Q3 25 | -8.9% | -1.2% | ||
| Q2 25 | -72.7% | -10.3% | ||
| Q1 25 | -40.4% | -47.7% | ||
| Q4 24 | -17.6% | — | ||
| Q3 24 | -13.4% | -29.5% | ||
| Q2 24 | -9.2% | -24.3% | ||
| Q1 24 | -18.8% | -39.6% |
| Q4 25 | -32.5% | — | ||
| Q3 25 | -10.7% | -2.1% | ||
| Q2 25 | -73.4% | -13.0% | ||
| Q1 25 | -41.5% | -51.2% | ||
| Q4 24 | -19.1% | — | ||
| Q3 24 | -14.2% | -31.2% | ||
| Q2 24 | -9.4% | -26.7% | ||
| Q1 24 | -19.7% | -36.8% |
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.06 | $-0.01 | ||
| Q2 25 | $-0.26 | $-0.07 | ||
| Q1 25 | $-0.19 | $-0.17 | ||
| Q4 24 | $-0.14 | — | ||
| Q3 24 | $-0.10 | $-0.01 | ||
| Q2 24 | $-0.07 | $-0.01 | ||
| Q1 24 | $-0.11 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.6M | $8.7M |
| Total DebtLower is stronger | — | $9.6M |
| Stockholders' EquityBook value | $-7.7M | $31.2M |
| Total Assets | $84.4M | $80.9M |
| Debt / EquityLower = less leverage | — | 0.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.6M | — | ||
| Q3 25 | $22.7M | $8.7M | ||
| Q2 25 | $24.4M | $7.8M | ||
| Q1 25 | $23.5M | $10.7M | ||
| Q4 24 | $34.4M | — | ||
| Q3 24 | $37.7M | $16.4M | ||
| Q2 24 | $35.1M | $17.0M | ||
| Q1 24 | $39.5M | $17.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | $9.6M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | — | $9.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | $7.3M | ||
| Q1 24 | — | $11.2M |
| Q4 25 | $-7.7M | — | ||
| Q3 25 | $-1.8M | $31.2M | ||
| Q2 25 | $604.7K | $31.1M | ||
| Q1 25 | $14.8M | — | ||
| Q4 24 | $24.2M | — | ||
| Q3 24 | $30.7M | — | ||
| Q2 24 | $34.5M | $44.6M | ||
| Q1 24 | $35.9M | — |
| Q4 25 | $84.4M | — | ||
| Q3 25 | $96.4M | $80.9M | ||
| Q2 25 | $102.2M | $75.8M | ||
| Q1 25 | $115.7M | $71.6M | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $129.0M | $81.3M | ||
| Q2 24 | $122.6M | $79.7M | ||
| Q1 24 | $108.0M | $80.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.16× | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-4.0M | — |
| Free Cash FlowOCF − Capex | $-4.0M | — |
| FCF MarginFCF / Revenue | -19.9% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-14.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.0M | — | ||
| Q3 25 | $-1.2M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $-12.5M | — | ||
| Q4 24 | $-3.2M | — | ||
| Q3 24 | $3.6M | — | ||
| Q2 24 | $-1.4M | — | ||
| Q1 24 | $3.4M | — |
| Q4 25 | $-4.0M | — | ||
| Q3 25 | $-1.2M | — | ||
| Q2 25 | $3.7M | — | ||
| Q1 25 | $-12.7M | — | ||
| Q4 24 | $-3.2M | — | ||
| Q3 24 | $3.3M | — | ||
| Q2 24 | $-2.2M | — | ||
| Q1 24 | $3.3M | — |
| Q4 25 | -19.9% | — | ||
| Q3 25 | -3.9% | — | ||
| Q2 25 | 18.6% | — | ||
| Q1 25 | -48.4% | — | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | -5.9% | — | ||
| Q1 24 | 10.9% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 0.3% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.