vs
Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
James River Group Holdings, Inc. is the larger business by last-quarter revenue ($167.7M vs $103.6M, roughly 1.6× TACTILE SYSTEMS TECHNOLOGY INC). James River Group Holdings, Inc. runs the higher net margin — 19.1% vs 10.3%, a 8.9% gap on every dollar of revenue. On growth, James River Group Holdings, Inc. posted the faster year-over-year revenue change (32.4% vs 21.0%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-23.6M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
JRVR vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $167.7M | $103.6M |
| Net Profit | $32.1M | $10.6M |
| Gross Margin | — | 78.2% |
| Operating Margin | 14.6% | 18.1% |
| Net Margin | 19.1% | 10.3% |
| Revenue YoY | 32.4% | 21.0% |
| Net Profit YoY | 149.5% | 9.4% |
| EPS (diluted) | $0.59 | $0.45 |
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 | $167.7M | $103.6M | ||
| Q3 25 | $172.7M | $85.8M | ||
| Q2 25 | $174.8M | $78.9M | ||
| Q1 25 | $172.3M | $61.3M | ||
| Q4 24 | $126.7M | $85.6M | ||
| Q3 24 | $191.5M | $73.1M | ||
| Q2 24 | $188.3M | $73.2M | ||
| Q1 24 | $201.1M | $61.1M |
| Q4 25 | $32.1M | $10.6M | ||
| Q3 25 | $1.0M | $8.2M | ||
| Q2 25 | $4.8M | $3.2M | ||
| Q1 25 | $9.6M | $-3.0M | ||
| Q4 24 | $-64.8M | $9.7M | ||
| Q3 24 | $-39.4M | $5.2M | ||
| Q2 24 | $7.6M | $4.3M | ||
| Q1 24 | $15.4M | $-2.2M |
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 75.8% | ||
| Q2 25 | — | 74.5% | ||
| Q1 25 | — | 74.0% | ||
| Q4 24 | — | 75.2% | ||
| Q3 24 | — | 75.0% | ||
| Q2 24 | — | 73.9% | ||
| Q1 24 | — | 71.1% |
| Q4 25 | 14.6% | 18.1% | ||
| Q3 25 | 1.5% | 12.8% | ||
| Q2 25 | 4.2% | 5.2% | ||
| Q1 25 | 9.3% | -7.4% | ||
| Q4 24 | -57.0% | 14.6% | ||
| Q3 24 | -27.1% | 9.3% | ||
| Q2 24 | 10.7% | 8.0% | ||
| Q1 24 | 16.4% | -4.9% |
| Q4 25 | 19.1% | 10.3% | ||
| Q3 25 | 0.6% | 9.6% | ||
| Q2 25 | 2.7% | 4.1% | ||
| Q1 25 | 5.6% | -4.9% | ||
| Q4 24 | -51.1% | 11.4% | ||
| Q3 24 | -20.6% | 7.1% | ||
| Q2 24 | 4.0% | 5.9% | ||
| Q1 24 | 7.7% | -3.6% |
| Q4 25 | $0.59 | $0.45 | ||
| Q3 25 | $-0.02 | $0.36 | ||
| Q2 25 | $0.06 | $0.14 | ||
| Q1 25 | $0.16 | $-0.13 | ||
| Q4 24 | $-2.44 | $0.40 | ||
| Q3 24 | $-1.10 | $0.21 | ||
| Q2 24 | $0.13 | $0.18 | ||
| Q1 24 | $0.35 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $260.9M | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $538.2M | $218.9M |
| Total Assets | $4.9B | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $260.9M | $83.4M | ||
| Q3 25 | $238.8M | $66.0M | ||
| Q2 25 | $220.0M | $81.5M | ||
| Q1 25 | $279.4M | $83.6M | ||
| Q4 24 | $362.3M | $94.4M | ||
| Q3 24 | $359.8M | $82.1M | ||
| Q2 24 | $672.5M | $73.6M | ||
| Q1 24 | $305.5M | $60.7M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | — | $28.5M |
| Q4 25 | $538.2M | $218.9M | ||
| Q3 25 | $503.6M | $204.9M | ||
| Q2 25 | $492.6M | $194.9M | ||
| Q1 25 | $484.5M | $205.6M | ||
| Q4 24 | $460.9M | $216.6M | ||
| Q3 24 | $530.3M | $207.9M | ||
| Q2 24 | $541.8M | $200.7M | ||
| Q1 24 | $539.5M | $193.5M |
| Q4 25 | $4.9B | $273.9M | ||
| Q3 25 | $5.0B | $259.2M | ||
| Q2 25 | $5.0B | $273.0M | ||
| Q1 25 | $4.9B | $280.2M | ||
| Q4 24 | $5.0B | $297.9M | ||
| Q3 24 | $5.0B | $287.7M | ||
| Q2 24 | $4.7B | $278.8M | ||
| Q1 24 | $5.3B | $272.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.15× |
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 | $-18.8M | $17.3M |
| Free Cash FlowOCF − Capex | $-23.6M | $16.8M |
| FCF MarginFCF / Revenue | -14.1% | 16.2% |
| Capex IntensityCapex / Revenue | 2.9% | 0.5% |
| Cash ConversionOCF / Net Profit | -0.59× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.9M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-18.8M | $17.3M | ||
| Q3 25 | $34.3M | $10.3M | ||
| Q2 25 | $25.2M | $14.8M | ||
| Q1 25 | $-51.5M | $417.0K | ||
| Q4 24 | $-247.1M | $16.3M | ||
| Q3 24 | $-269.9M | $10.3M | ||
| Q2 24 | $-8.7M | $13.1M | ||
| Q1 24 | $24.1M | $924.0K |
| Q4 25 | $-23.6M | $16.8M | ||
| Q3 25 | $33.7M | $9.2M | ||
| Q2 25 | $24.7M | $14.4M | ||
| Q1 25 | $-52.7M | $38.0K | ||
| Q4 24 | $-252.0M | $15.9M | ||
| Q3 24 | $-270.8M | $9.3M | ||
| Q2 24 | $-9.3M | $12.6M | ||
| Q1 24 | $23.3M | $442.0K |
| Q4 25 | -14.1% | 16.2% | ||
| Q3 25 | 19.5% | 10.8% | ||
| Q2 25 | 14.1% | 18.2% | ||
| Q1 25 | -30.6% | 0.1% | ||
| Q4 24 | -198.9% | 18.5% | ||
| Q3 24 | -141.4% | 12.7% | ||
| Q2 24 | -4.9% | 17.3% | ||
| Q1 24 | 11.6% | 0.7% |
| Q4 25 | 2.9% | 0.5% | ||
| Q3 25 | 0.4% | 1.3% | ||
| Q2 25 | 0.3% | 0.5% | ||
| Q1 25 | 0.7% | 0.6% | ||
| Q4 24 | 3.9% | 0.5% | ||
| Q3 24 | 0.4% | 1.3% | ||
| Q2 24 | 0.3% | 0.7% | ||
| Q1 24 | 0.4% | 0.8% |
| Q4 25 | -0.59× | 1.63× | ||
| Q3 25 | 33.61× | 1.26× | ||
| Q2 25 | 5.29× | 4.59× | ||
| Q1 25 | -5.38× | — | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | -1.14× | 3.06× | ||
| Q1 24 | 1.56× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JRVR
| Excess And Surplus Lines | $156.7M | 93% |
| Specialty Admitted Insurance | $10.9M | 7% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
