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Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) and XBP Global Holdings, Inc. (XBP). Click either name above to swap in a different company.
XBP Global Holdings, Inc. is the larger business by last-quarter revenue ($152.4M vs $151.4M, roughly 1.0× James River Group Holdings, Inc.). On growth, James River Group Holdings, Inc. posted the faster year-over-year revenue change (-12.1% vs -34.7%).
James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.
JRVR vs XBP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $151.4M | $152.4M |
| Net Profit | — | $-305.8M |
| Gross Margin | — | 21.7% |
| Operating Margin | — | -191.7% |
| Net Margin | — | -200.7% |
| Revenue YoY | -12.1% | -34.7% |
| Net Profit YoY | — | -980.1% |
| EPS (diluted) | — | $-2.60 |
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.
| Q1 26 | $151.4M | — | ||
| Q4 25 | $167.7M | — | ||
| Q3 25 | $172.7M | $152.4M | ||
| Q2 25 | $174.8M | — | ||
| Q1 25 | $172.3M | — | ||
| Q4 24 | $126.7M | — | ||
| Q3 24 | $191.5M | $233.4M | ||
| Q2 24 | $188.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $32.1M | — | ||
| Q3 25 | $1.0M | $-305.8M | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $9.6M | — | ||
| Q4 24 | $-64.8M | — | ||
| Q3 24 | $-39.4M | $-28.3M | ||
| Q2 24 | $7.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.6% | — | ||
| Q3 25 | 1.5% | -191.7% | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | 9.3% | — | ||
| Q4 24 | -57.0% | — | ||
| Q3 24 | -27.1% | 0.9% | ||
| Q2 24 | 10.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.1% | — | ||
| Q3 25 | 0.6% | -200.7% | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 5.6% | — | ||
| Q4 24 | -51.1% | — | ||
| Q3 24 | -20.6% | -12.1% | ||
| Q2 24 | 4.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | $0.59 | — | ||
| Q3 25 | $-0.02 | $-2.60 | ||
| Q2 25 | $0.06 | — | ||
| Q1 25 | $0.16 | — | ||
| Q4 24 | $-2.44 | — | ||
| Q3 24 | $-1.10 | $-0.09 | ||
| Q2 24 | $0.13 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $228.2M | $34.5M |
| Total DebtLower is stronger | — | $381.5M |
| Stockholders' EquityBook value | $518.4M | $130.5M |
| Total Assets | $4.8B | $947.9M |
| Debt / EquityLower = less leverage | — | 2.92× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $228.2M | — | ||
| Q4 25 | $260.9M | — | ||
| Q3 25 | $238.8M | $34.5M | ||
| Q2 25 | $220.0M | — | ||
| Q1 25 | $279.4M | — | ||
| Q4 24 | $362.3M | — | ||
| Q3 24 | $359.8M | $7.8M | ||
| Q2 24 | $672.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $381.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $31.5M | ||
| Q2 24 | — | — |
| Q1 26 | $518.4M | — | ||
| Q4 25 | $538.2M | — | ||
| Q3 25 | $503.6M | $130.5M | ||
| Q2 25 | $492.6M | — | ||
| Q1 25 | $484.5M | — | ||
| Q4 24 | $460.9M | — | ||
| Q3 24 | $530.3M | $-1.3B | ||
| Q2 24 | $541.8M | — |
| Q1 26 | $4.8B | — | ||
| Q4 25 | $4.9B | — | ||
| Q3 25 | $5.0B | $947.9M | ||
| Q2 25 | $5.0B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $5.0B | $99.6M | ||
| Q2 24 | $4.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $13.9M |
| Free Cash FlowOCF − Capex | — | $10.5M |
| FCF MarginFCF / Revenue | — | 6.9% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-18.8M | — | ||
| Q3 25 | $34.3M | $13.9M | ||
| Q2 25 | $25.2M | — | ||
| Q1 25 | $-51.5M | — | ||
| Q4 24 | $-247.1M | — | ||
| Q3 24 | $-269.9M | $-1.5M | ||
| Q2 24 | $-8.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-23.6M | — | ||
| Q3 25 | $33.7M | $10.5M | ||
| Q2 25 | $24.7M | — | ||
| Q1 25 | $-52.7M | — | ||
| Q4 24 | $-252.0M | — | ||
| Q3 24 | $-270.8M | $-6.1M | ||
| Q2 24 | $-9.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | -14.1% | — | ||
| Q3 25 | 19.5% | 6.9% | ||
| Q2 25 | 14.1% | — | ||
| Q1 25 | -30.6% | — | ||
| Q4 24 | -198.9% | — | ||
| Q3 24 | -141.4% | -2.6% | ||
| Q2 24 | -4.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | 0.4% | 2.2% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 0.4% | 2.0% | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.59× | — | ||
| Q3 25 | 33.61× | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | -5.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JRVR
Segment breakdown not available.
XBP
| Related And Non Related Party | $136.5M | 90% |
| Technology | $8.2M | 5% |
| Other | $5.7M | 4% |
| Deferred Revenue As Of July312025 | $1.9M | 1% |
