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Side-by-side financial comparison of INSPIRE VETERINARY PARTNERS, INC. (IVP) and Vuzix Corp (VUZI). Click either name above to swap in a different company.

INSPIRE VETERINARY PARTNERS, INC. is the larger business by last-quarter revenue ($4.3M vs $2.2M, roughly 1.9× Vuzix Corp). INSPIRE VETERINARY PARTNERS, INC. runs the higher net margin — -58.5% vs -384.2%, a 325.6% gap on every dollar of revenue. On growth, Vuzix Corp posted the faster year-over-year revenue change (76.4% vs 6.6%). INSPIRE VETERINARY PARTNERS, INC. produced more free cash flow last quarter ($-1.3M vs $-5.9M). Over the past eight quarters, Vuzix Corp's revenue compounded faster (5.8% CAGR vs 2.4%).

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

Vuzix Corporation is an American multinational technology company headquartered in Rochester, New York and founded by Paul Travers in 1997. Vuzix is a supplier of smartglasses and augmented reality display technology. Vuzix manufactures and sells computer display devices and software. Vuzix head-mounted displays are marketed towards mobile and immersive augmented reality applications, such as 3D gaming, manufacturing training, and military tactical equipment. On January 5, 2015, Intel acquire...

IVP vs VUZI — Head-to-Head

Bigger by revenue
IVP
IVP
1.9× larger
IVP
$4.3M
$2.2M
VUZI
Growing faster (revenue YoY)
VUZI
VUZI
+69.8% gap
VUZI
76.4%
6.6%
IVP
Higher net margin
IVP
IVP
325.6% more per $
IVP
-58.5%
-384.2%
VUZI
More free cash flow
IVP
IVP
$4.6M more FCF
IVP
$-1.3M
$-5.9M
VUZI
Faster 2-yr revenue CAGR
VUZI
VUZI
Annualised
VUZI
5.8%
2.4%
IVP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IVP
IVP
VUZI
VUZI
Revenue
$4.3M
$2.2M
Net Profit
$-2.5M
$-8.6M
Gross Margin
16.7%
Operating Margin
-45.6%
-373.9%
Net Margin
-58.5%
-384.2%
Revenue YoY
6.6%
76.4%
Net Profit YoY
27.6%
36.9%
EPS (diluted)
$-0.12

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
IVP
IVP
VUZI
VUZI
Q4 25
$2.2M
Q3 25
$4.3M
$1.2M
Q2 25
$4.3M
$1.3M
Q1 25
$3.6M
$1.6M
Q4 24
$3.3M
$1.3M
Q3 24
$4.0M
$1.4M
Q2 24
$4.4M
$1.1M
Q1 24
$4.8M
$2.0M
Net Profit
IVP
IVP
VUZI
VUZI
Q4 25
$-8.6M
Q3 25
$-2.5M
$-7.4M
Q2 25
$-3.0M
$-7.7M
Q1 25
$-2.4M
$-8.6M
Q4 24
$-4.0M
$-13.7M
Q3 24
$-3.5M
$-9.2M
Q2 24
$-3.4M
$-40.6M
Q1 24
$-3.4M
$-10.0M
Gross Margin
IVP
IVP
VUZI
VUZI
Q4 25
16.7%
Q3 25
-35.4%
Q2 25
-58.7%
Q1 25
-16.8%
Q4 24
-389.6%
Q3 24
-18.8%
Q2 24
-30.5%
Q1 24
-2.6%
Operating Margin
IVP
IVP
VUZI
VUZI
Q4 25
-373.9%
Q3 25
-45.6%
-645.5%
Q2 25
-61.1%
-606.1%
Q1 25
-55.2%
-555.0%
Q4 24
-46.2%
-1089.2%
Q3 24
-55.2%
-670.9%
Q2 24
-54.5%
-3726.5%
Q1 24
-59.2%
-503.6%
Net Margin
IVP
IVP
VUZI
VUZI
Q4 25
-384.2%
Q3 25
-58.5%
-633.4%
Q2 25
-70.8%
-591.5%
Q1 25
-66.4%
-546.4%
Q4 24
-119.4%
-1074.0%
Q3 24
-86.2%
-665.4%
Q2 24
-77.1%
-3715.6%
Q1 24
-70.8%
-501.4%
EPS (diluted)
IVP
IVP
VUZI
VUZI
Q4 25
$-0.12
Q3 25
$-0.09
Q2 25
$-0.10
Q1 25
$-0.11
Q4 24
$-0.16
Q3 24
$-0.14
Q2 24
$-0.62
Q1 24
$-0.16

Balance Sheet & Financial Strength

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

Metric
IVP
IVP
VUZI
VUZI
Cash + ST InvestmentsLiquidity on hand
$21.2M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$4.2M
$24.7M
Total Assets
$24.0M
$40.1M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVP
IVP
VUZI
VUZI
Q4 25
$21.2M
Q3 25
$22.6M
Q2 25
$17.5M
Q1 25
$15.2M
Q4 24
$523.7K
$18.2M
Q3 24
$681.2K
$14.3M
Q2 24
$7.7K
$9.9M
Q1 24
$69.1K
$16.5M
Total Debt
IVP
IVP
VUZI
VUZI
Q4 25
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
IVP
IVP
VUZI
VUZI
Q4 25
$24.7M
Q3 25
$4.2M
$27.9M
Q2 25
$446.3K
$28.9M
Q1 25
$3.0M
$32.8M
Q4 24
$1.6M
$37.3M
Q3 24
$3.0M
$39.6M
Q2 24
$-3.1M
$35.4M
Q1 24
$269.9K
$73.1M
Total Assets
IVP
IVP
VUZI
VUZI
Q4 25
$40.1M
Q3 25
$24.0M
$42.5M
Q2 25
$20.8M
$36.9M
Q1 25
$20.7M
$35.8M
Q4 24
$20.2M
$39.4M
Q3 24
$22.4M
$41.8M
Q2 24
$21.9M
$38.2M
Q1 24
$23.4M
$77.0M
Debt / Equity
IVP
IVP
VUZI
VUZI
Q4 25
Q3 25
2.82×
Q2 25
26.96×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
Q2 24
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
IVP
IVP
VUZI
VUZI
Operating Cash FlowLast quarter
$-1.3M
$-5.6M
Free Cash FlowOCF − Capex
$-1.3M
$-5.9M
FCF MarginFCF / Revenue
-30.7%
-263.5%
Capex IntensityCapex / Revenue
1.0%
15.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M
$-20.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVP
IVP
VUZI
VUZI
Q4 25
$-5.6M
Q3 25
$-1.3M
$-5.0M
Q2 25
$-898.3K
$-4.8M
Q1 25
$-1.4M
$-3.5M
Q4 24
$-677.5K
$-4.0M
Q3 24
$-6.3M
$-5.3M
Q2 24
$149.7K
$-5.6M
Q1 24
$-3.2M
$-8.8M
Free Cash Flow
IVP
IVP
VUZI
VUZI
Q4 25
$-5.9M
Q3 25
$-1.3M
$-5.3M
Q2 25
$-910.9K
$-5.5M
Q1 25
$-1.4M
$-4.1M
Q4 24
$-709.4K
$-4.3M
Q3 24
$-6.3M
$-5.5M
Q2 24
$126.0K
$-6.5M
Q1 24
$-3.3M
$-8.9M
FCF Margin
IVP
IVP
VUZI
VUZI
Q4 25
-263.5%
Q3 25
-30.7%
-457.4%
Q2 25
-21.3%
-425.6%
Q1 25
-38.3%
-257.2%
Q4 24
-21.4%
-334.4%
Q3 24
-156.4%
-395.1%
Q2 24
2.9%
-591.4%
Q1 24
-68.8%
-444.4%
Capex Intensity
IVP
IVP
VUZI
VUZI
Q4 25
15.8%
Q3 25
1.0%
27.4%
Q2 25
0.3%
56.1%
Q1 25
0.6%
38.8%
Q4 24
1.0%
18.1%
Q3 24
0.6%
14.4%
Q2 24
0.5%
75.8%
Q1 24
3.2%
5.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

IVP
IVP

Services$3.1M73%
Products$1.2M27%

VUZI
VUZI

Segment breakdown not available.

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