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Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.

QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $167.7M, roughly 1.7× James River Group Holdings, Inc.). James River Group Holdings, Inc. runs the higher net margin — 19.1% vs 17.4%, a 1.7% gap on every dollar of revenue. On growth, James River Group Holdings, Inc. posted the faster year-over-year revenue change (32.4% vs 1.9%). QUINSTREET, INC produced more free cash flow last quarter ($20.7M vs $-23.6M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs -8.7%).

James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.

JRVR vs QNST — Head-to-Head

Bigger by revenue
QNST
QNST
1.7× larger
QNST
$287.8M
$167.7M
JRVR
Growing faster (revenue YoY)
JRVR
JRVR
+30.5% gap
JRVR
32.4%
1.9%
QNST
Higher net margin
JRVR
JRVR
1.7% more per $
JRVR
19.1%
17.4%
QNST
More free cash flow
QNST
QNST
$44.3M more FCF
QNST
$20.7M
$-23.6M
JRVR
Faster 2-yr revenue CAGR
QNST
QNST
Annualised
QNST
53.2%
-8.7%
JRVR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
JRVR
JRVR
QNST
QNST
Revenue
$167.7M
$287.8M
Net Profit
$32.1M
$50.2M
Gross Margin
9.6%
Operating Margin
14.6%
0.4%
Net Margin
19.1%
17.4%
Revenue YoY
32.4%
1.9%
Net Profit YoY
149.5%
3342.5%
EPS (diluted)
$0.59
$0.87

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
JRVR
JRVR
QNST
QNST
Q4 25
$167.7M
$287.8M
Q3 25
$172.7M
$285.9M
Q2 25
$174.8M
Q1 25
$172.3M
$269.8M
Q4 24
$126.7M
$282.6M
Q3 24
$191.5M
$279.2M
Q2 24
$188.3M
$198.3M
Q1 24
$201.1M
$168.6M
Net Profit
JRVR
JRVR
QNST
QNST
Q4 25
$32.1M
$50.2M
Q3 25
$1.0M
$4.5M
Q2 25
$4.8M
Q1 25
$9.6M
$4.4M
Q4 24
$-64.8M
$-1.5M
Q3 24
$-39.4M
$-1.4M
Q2 24
$7.6M
$-2.2M
Q1 24
$15.4M
$-7.0M
Gross Margin
JRVR
JRVR
QNST
QNST
Q4 25
9.6%
Q3 25
9.4%
Q2 25
Q1 25
10.3%
Q4 24
9.5%
Q3 24
10.2%
Q2 24
8.8%
Q1 24
8.5%
Operating Margin
JRVR
JRVR
QNST
QNST
Q4 25
14.6%
0.4%
Q3 25
1.5%
1.7%
Q2 25
4.2%
Q1 25
9.3%
1.8%
Q4 24
-57.0%
-0.5%
Q3 24
-27.1%
-0.4%
Q2 24
10.7%
-0.7%
Q1 24
16.4%
-3.2%
Net Margin
JRVR
JRVR
QNST
QNST
Q4 25
19.1%
17.4%
Q3 25
0.6%
1.6%
Q2 25
2.7%
Q1 25
5.6%
1.6%
Q4 24
-51.1%
-0.5%
Q3 24
-20.6%
-0.5%
Q2 24
4.0%
-1.1%
Q1 24
7.7%
-4.2%
EPS (diluted)
JRVR
JRVR
QNST
QNST
Q4 25
$0.59
$0.87
Q3 25
$-0.02
$0.08
Q2 25
$0.06
Q1 25
$0.16
$0.08
Q4 24
$-2.44
$-0.03
Q3 24
$-1.10
$-0.02
Q2 24
$0.13
$-0.04
Q1 24
$0.35
$-0.13

Balance Sheet & Financial Strength

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

Metric
JRVR
JRVR
QNST
QNST
Cash + ST InvestmentsLiquidity on hand
$260.9M
$107.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$538.2M
$294.4M
Total Assets
$4.9B
$493.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRVR
JRVR
QNST
QNST
Q4 25
$260.9M
$107.0M
Q3 25
$238.8M
$101.3M
Q2 25
$220.0M
Q1 25
$279.4M
$81.8M
Q4 24
$362.3M
$57.8M
Q3 24
$359.8M
$25.0M
Q2 24
$672.5M
$50.5M
Q1 24
$305.5M
$39.6M
Stockholders' Equity
JRVR
JRVR
QNST
QNST
Q4 25
$538.2M
$294.4M
Q3 25
$503.6M
$246.7M
Q2 25
$492.6M
Q1 25
$484.5M
$235.5M
Q4 24
$460.9M
$224.3M
Q3 24
$530.3M
$219.8M
Q2 24
$541.8M
$216.8M
Q1 24
$539.5M
$215.0M
Total Assets
JRVR
JRVR
QNST
QNST
Q4 25
$4.9B
$493.0M
Q3 25
$5.0B
$442.6M
Q2 25
$5.0B
Q1 25
$4.9B
$417.2M
Q4 24
$5.0B
$409.6M
Q3 24
$5.0B
$401.2M
Q2 24
$4.7B
$368.5M
Q1 24
$5.3B
$349.3M

Cash Flow & Capital Efficiency

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

Metric
JRVR
JRVR
QNST
QNST
Operating Cash FlowLast quarter
$-18.8M
$21.6M
Free Cash FlowOCF − Capex
$-23.6M
$20.7M
FCF MarginFCF / Revenue
-14.1%
7.2%
Capex IntensityCapex / Revenue
2.9%
0.3%
Cash ConversionOCF / Net Profit
-0.59×
0.43×
TTM Free Cash FlowTrailing 4 quarters
$-17.9M
$106.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRVR
JRVR
QNST
QNST
Q4 25
$-18.8M
$21.6M
Q3 25
$34.3M
$19.6M
Q2 25
$25.2M
Q1 25
$-51.5M
$30.1M
Q4 24
$-247.1M
$38.7M
Q3 24
$-269.9M
$-13.7M
Q2 24
$-8.7M
$16.6M
Q1 24
$24.1M
$4.1M
Free Cash Flow
JRVR
JRVR
QNST
QNST
Q4 25
$-23.6M
$20.7M
Q3 25
$33.7M
$18.4M
Q2 25
$24.7M
Q1 25
$-52.7M
$29.5M
Q4 24
$-252.0M
$38.2M
Q3 24
$-270.8M
$-14.1M
Q2 24
$-9.3M
$15.4M
Q1 24
$23.3M
$2.9M
FCF Margin
JRVR
JRVR
QNST
QNST
Q4 25
-14.1%
7.2%
Q3 25
19.5%
6.4%
Q2 25
14.1%
Q1 25
-30.6%
10.9%
Q4 24
-198.9%
13.5%
Q3 24
-141.4%
-5.1%
Q2 24
-4.9%
7.8%
Q1 24
11.6%
1.7%
Capex Intensity
JRVR
JRVR
QNST
QNST
Q4 25
2.9%
0.3%
Q3 25
0.4%
0.4%
Q2 25
0.3%
Q1 25
0.7%
0.2%
Q4 24
3.9%
0.2%
Q3 24
0.4%
0.2%
Q2 24
0.3%
0.6%
Q1 24
0.4%
0.7%
Cash Conversion
JRVR
JRVR
QNST
QNST
Q4 25
-0.59×
0.43×
Q3 25
33.61×
4.32×
Q2 25
5.29×
Q1 25
-5.38×
6.82×
Q4 24
Q3 24
Q2 24
-1.14×
Q1 24
1.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JRVR
JRVR

Excess And Surplus Lines$156.7M93%
Specialty Admitted Insurance$10.9M7%

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

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