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Side-by-side financial comparison of Legacy Housing Corp (LEGH) and STEM, INC. (STEM). Click either name above to swap in a different company.

STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $25.5M, roughly 1.9× Legacy Housing Corp). Legacy Housing Corp runs the higher net margin — 32.2% vs -33.9%, a 66.1% gap on every dollar of revenue. On growth, STEM, INC. posted the faster year-over-year revenue change (-15.6% vs -30.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs -9.1%).

Legacy Housing Corp is a prominent U.S.-based manufacturer of affordable manufactured homes, tiny homes, and accessory dwelling units. It mainly caters to low- and middle-income consumers across North America, providing customizable residential solutions, supporting construction materials, and after-sales services for individual and community development clients.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

LEGH vs STEM — Head-to-Head

Bigger by revenue
STEM
STEM
1.9× larger
STEM
$47.1M
$25.5M
LEGH
Growing faster (revenue YoY)
STEM
STEM
+15.0% gap
STEM
-15.6%
-30.6%
LEGH
Higher net margin
LEGH
LEGH
66.1% more per $
LEGH
32.2%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
-9.1%
LEGH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LEGH
LEGH
STEM
STEM
Revenue
$25.5M
$47.1M
Net Profit
$8.2M
$-16.0M
Gross Margin
26.4%
48.9%
Operating Margin
40.4%
-17.7%
Net Margin
32.2%
-33.9%
Revenue YoY
-30.6%
-15.6%
Net Profit YoY
-43.5%
68.8%
EPS (diluted)
$0.38
$-4.40

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
LEGH
LEGH
STEM
STEM
Q4 25
$25.5M
$47.1M
Q3 25
$28.8M
$38.2M
Q2 25
$38.4M
$38.4M
Q1 25
$24.3M
$32.5M
Q4 24
$36.7M
$55.8M
Q3 24
$30.2M
$29.3M
Q2 24
$31.7M
$34.0M
Q1 24
$30.8M
$25.5M
Net Profit
LEGH
LEGH
STEM
STEM
Q4 25
$8.2M
$-16.0M
Q3 25
$8.6M
$-23.8M
Q2 25
$14.7M
$202.5M
Q1 25
$10.3M
$-25.0M
Q4 24
$14.5M
$-51.1M
Q3 24
$15.8M
$-148.3M
Q2 24
$16.2M
$-582.3M
Q1 24
$15.1M
$-72.3M
Gross Margin
LEGH
LEGH
STEM
STEM
Q4 25
26.4%
48.9%
Q3 25
20.2%
35.5%
Q2 25
32.4%
33.4%
Q1 25
29.2%
32.4%
Q4 24
27.3%
-4.4%
Q3 24
29.2%
21.2%
Q2 24
31.9%
27.6%
Q1 24
33.6%
-95.0%
Operating Margin
LEGH
LEGH
STEM
STEM
Q4 25
40.4%
-17.7%
Q3 25
33.7%
-33.6%
Q2 25
43.8%
-34.8%
Q1 25
47.7%
-65.0%
Q4 24
42.3%
-84.4%
Q3 24
50.8%
-493.2%
Q2 24
50.6%
-1705.5%
Q1 24
54.3%
-267.0%
Net Margin
LEGH
LEGH
STEM
STEM
Q4 25
32.2%
-33.9%
Q3 25
30.0%
-62.2%
Q2 25
38.3%
527.8%
Q1 25
42.3%
-76.9%
Q4 24
39.5%
-91.6%
Q3 24
52.4%
-506.3%
Q2 24
51.1%
-1712.6%
Q1 24
49.1%
-283.9%
EPS (diluted)
LEGH
LEGH
STEM
STEM
Q4 25
$0.38
$-4.40
Q3 25
$0.35
$-2.84
Q2 25
$0.60
$-1.79
Q1 25
$0.41
$-0.15
Q4 24
$0.59
$-15.29
Q3 24
$0.64
$-18.24
Q2 24
$0.65
$-71.81
Q1 24
$0.60
$-0.46

Balance Sheet & Financial Strength

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

Metric
LEGH
LEGH
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$8.5M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$528.6M
$-249.4M
Total Assets
$580.3M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEGH
LEGH
STEM
STEM
Q4 25
$8.5M
$48.9M
Q3 25
$13.6M
$43.1M
Q2 25
$2.6M
$40.8M
Q1 25
$3.4M
$58.6M
Q4 24
$1.1M
$56.3M
Q3 24
$570.0K
$75.4M
Q2 24
$60.0K
$89.6M
Q1 24
$621.0K
$112.8M
Stockholders' Equity
LEGH
LEGH
STEM
STEM
Q4 25
$528.6M
$-249.4M
Q3 25
$521.6M
$-235.7M
Q2 25
$512.8M
$-214.1M
Q1 25
$503.7M
$-417.5M
Q4 24
$494.0M
$-398.4M
Q3 24
$479.3M
$-344.1M
Q2 24
$463.2M
$-203.2M
Q1 24
$450.4M
$371.6M
Total Assets
LEGH
LEGH
STEM
STEM
Q4 25
$580.3M
$308.9M
Q3 25
$557.9M
$362.6M
Q2 25
$552.0M
$379.2M
Q1 25
$544.6M
$405.1M
Q4 24
$534.2M
$437.4M
Q3 24
$521.4M
$537.8M
Q2 24
$514.9M
$691.5M
Q1 24
$510.0M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
LEGH
LEGH
STEM
STEM
Operating Cash FlowLast quarter
$19.0M
$8.2M
Free Cash FlowOCF − Capex
$15.7M
FCF MarginFCF / Revenue
61.6%
Capex IntensityCapex / Revenue
13.1%
Cash ConversionOCF / Net Profit
2.32×
TTM Free Cash FlowTrailing 4 quarters
$28.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEGH
LEGH
STEM
STEM
Q4 25
$19.0M
$8.2M
Q3 25
$7.2M
$11.4M
Q2 25
$6.1M
$-21.3M
Q1 25
$4.9M
$8.5M
Q4 24
$7.9M
$-14.7M
Q3 24
$13.8M
$-9.4M
Q2 24
$3.5M
$-11.9M
Q1 24
$10.8M
$-621.0K
Free Cash Flow
LEGH
LEGH
STEM
STEM
Q4 25
$15.7M
Q3 25
$5.1M
Q2 25
$3.7M
Q1 25
$3.6M
Q4 24
$6.0M
Q3 24
$9.1M
Q2 24
$1.7M
Q1 24
$9.9M
FCF Margin
LEGH
LEGH
STEM
STEM
Q4 25
61.6%
Q3 25
17.8%
Q2 25
9.6%
Q1 25
15.0%
Q4 24
16.4%
Q3 24
30.2%
Q2 24
5.4%
Q1 24
32.2%
Capex Intensity
LEGH
LEGH
STEM
STEM
Q4 25
13.1%
Q3 25
7.1%
Q2 25
6.2%
Q1 25
5.2%
Q4 24
5.1%
Q3 24
15.6%
Q2 24
5.5%
Q1 24
2.8%
Cash Conversion
LEGH
LEGH
STEM
STEM
Q4 25
2.32×
Q3 25
0.83×
Q2 25
0.41×
-0.11×
Q1 25
0.48×
Q4 24
0.54×
Q3 24
0.88×
Q2 24
0.21×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEGH
LEGH

Commercial Sales$8.6M34%
Retail Store Sales$6.0M24%
Inventory Finance Sales$5.0M20%
Direct Sales$4.4M17%
Other$1.5M6%

STEM
STEM

Segment breakdown not available.

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