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Side-by-side financial comparison of Legacy Housing Corp (LEGH) and Xtant Medical Holdings, Inc. (XTNT). Click either name above to swap in a different company.

Xtant Medical Holdings, Inc. is the larger business by last-quarter revenue ($32.4M vs $25.5M, roughly 1.3× Legacy Housing Corp). Legacy Housing Corp runs the higher net margin — 32.2% vs 0.2%, a 32.0% gap on every dollar of revenue. On growth, Xtant Medical Holdings, Inc. posted the faster year-over-year revenue change (2.7% vs -30.6%). Legacy Housing Corp produced more free cash flow last quarter ($15.7M vs $5.0M). Over the past eight quarters, Xtant Medical Holdings, Inc.'s revenue compounded faster (7.7% 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.

Xtant Medical Holdings, Inc. is a global medical technology company that develops, manufactures and markets orthobiologic products, neurosurgery devices, and regenerative medicine solutions for orthopedic and neurological care providers. It serves patients and medical institutions across North America, Europe and the Asia-Pacific, with core segments covering spinal surgery supplies and bone regeneration products.

LEGH vs XTNT — Head-to-Head

Bigger by revenue
XTNT
XTNT
1.3× larger
XTNT
$32.4M
$25.5M
LEGH
Growing faster (revenue YoY)
XTNT
XTNT
+33.3% gap
XTNT
2.7%
-30.6%
LEGH
Higher net margin
LEGH
LEGH
32.0% more per $
LEGH
32.2%
0.2%
XTNT
More free cash flow
LEGH
LEGH
$10.7M more FCF
LEGH
$15.7M
$5.0M
XTNT
Faster 2-yr revenue CAGR
XTNT
XTNT
Annualised
XTNT
7.7%
-9.1%
LEGH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LEGH
LEGH
XTNT
XTNT
Revenue
$25.5M
$32.4M
Net Profit
$8.2M
$57.0K
Gross Margin
26.4%
54.9%
Operating Margin
40.4%
-2.9%
Net Margin
32.2%
0.2%
Revenue YoY
-30.6%
2.7%
Net Profit YoY
-43.5%
101.8%
EPS (diluted)
$0.38
$0.00

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
XTNT
XTNT
Q4 25
$25.5M
$32.4M
Q3 25
$28.8M
$33.3M
Q2 25
$38.4M
$35.4M
Q1 25
$24.3M
$32.9M
Q4 24
$36.7M
$31.5M
Q3 24
$30.2M
$27.9M
Q2 24
$31.7M
$29.9M
Q1 24
$30.8M
$27.9M
Net Profit
LEGH
LEGH
XTNT
XTNT
Q4 25
$8.2M
$57.0K
Q3 25
$8.6M
$1.3M
Q2 25
$14.7M
$3.5M
Q1 25
$10.3M
$58.0K
Q4 24
$14.5M
$-3.2M
Q3 24
$15.8M
$-5.0M
Q2 24
$16.2M
$-3.9M
Q1 24
$15.1M
$-4.4M
Gross Margin
LEGH
LEGH
XTNT
XTNT
Q4 25
26.4%
54.9%
Q3 25
20.2%
66.1%
Q2 25
32.4%
68.6%
Q1 25
29.2%
61.5%
Q4 24
27.3%
50.9%
Q3 24
29.2%
58.4%
Q2 24
31.9%
62.1%
Q1 24
33.6%
62.1%
Operating Margin
LEGH
LEGH
XTNT
XTNT
Q4 25
40.4%
-2.9%
Q3 25
33.7%
7.6%
Q2 25
43.8%
13.1%
Q1 25
47.7%
3.2%
Q4 24
42.3%
-6.0%
Q3 24
50.8%
-13.5%
Q2 24
50.6%
-9.8%
Q1 24
54.3%
-12.4%
Net Margin
LEGH
LEGH
XTNT
XTNT
Q4 25
32.2%
0.2%
Q3 25
30.0%
3.9%
Q2 25
38.3%
10.0%
Q1 25
42.3%
0.2%
Q4 24
39.5%
-10.0%
Q3 24
52.4%
-18.0%
Q2 24
51.1%
-12.9%
Q1 24
49.1%
-15.8%
EPS (diluted)
LEGH
LEGH
XTNT
XTNT
Q4 25
$0.38
$0.00
Q3 25
$0.35
$0.01
Q2 25
$0.60
$0.02
Q1 25
$0.41
$0.00
Q4 24
$0.59
$-0.02
Q3 24
$0.64
$-0.04
Q2 24
$0.65
$-0.03
Q1 24
$0.60
$-0.03

Balance Sheet & Financial Strength

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

Metric
LEGH
LEGH
XTNT
XTNT
Cash + ST InvestmentsLiquidity on hand
$8.5M
$17.1M
Total DebtLower is stronger
$11.0M
Stockholders' EquityBook value
$528.6M
$51.0M
Total Assets
$580.3M
$94.1M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEGH
LEGH
XTNT
XTNT
Q4 25
$8.5M
$17.1M
Q3 25
$13.6M
$10.4M
Q2 25
$2.6M
$6.9M
Q1 25
$3.4M
$5.0M
Q4 24
$1.1M
$6.2M
Q3 24
$570.0K
$6.6M
Q2 24
$60.0K
$5.4M
Q1 24
$621.0K
$4.5M
Total Debt
LEGH
LEGH
XTNT
XTNT
Q4 25
$11.0M
Q3 25
$17.4M
Q2 25
$22.3M
Q1 25
$22.2M
Q4 24
$22.0M
Q3 24
$19.1M
Q2 24
$21.8M
Q1 24
$16.8M
Stockholders' Equity
LEGH
LEGH
XTNT
XTNT
Q4 25
$528.6M
$51.0M
Q3 25
$521.6M
$50.4M
Q2 25
$512.8M
$48.5M
Q1 25
$503.7M
$43.9M
Q4 24
$494.0M
$43.0M
Q3 24
$479.3M
$45.7M
Q2 24
$463.2M
$45.0M
Q1 24
$450.4M
$47.7M
Total Assets
LEGH
LEGH
XTNT
XTNT
Q4 25
$580.3M
$94.1M
Q3 25
$557.9M
$106.3M
Q2 25
$552.0M
$103.5M
Q1 25
$544.6M
$95.8M
Q4 24
$534.2M
$93.8M
Q3 24
$521.4M
$98.9M
Q2 24
$514.9M
$95.6M
Q1 24
$510.0M
$93.9M
Debt / Equity
LEGH
LEGH
XTNT
XTNT
Q4 25
0.22×
Q3 25
0.35×
Q2 25
0.46×
Q1 25
0.51×
Q4 24
0.51×
Q3 24
0.42×
Q2 24
0.48×
Q1 24
0.35×

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
XTNT
XTNT
Operating Cash FlowLast quarter
$19.0M
$5.4M
Free Cash FlowOCF − Capex
$15.7M
$5.0M
FCF MarginFCF / Revenue
61.6%
15.4%
Capex IntensityCapex / Revenue
13.1%
1.2%
Cash ConversionOCF / Net Profit
2.32×
94.39×
TTM Free Cash FlowTrailing 4 quarters
$28.2M
$10.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEGH
LEGH
XTNT
XTNT
Q4 25
$19.0M
$5.4M
Q3 25
$7.2M
$4.6M
Q2 25
$6.1M
$1.3M
Q1 25
$4.9M
$1.3M
Q4 24
$7.9M
$665.0K
Q3 24
$13.8M
$-1.7M
Q2 24
$3.5M
$-5.1M
Q1 24
$10.8M
$-5.8M
Free Cash Flow
LEGH
LEGH
XTNT
XTNT
Q4 25
$15.7M
$5.0M
Q3 25
$5.1M
$4.2M
Q2 25
$3.7M
$910.0K
Q1 25
$3.6M
$87.0K
Q4 24
$6.0M
$-7.0K
Q3 24
$9.1M
$-3.8M
Q2 24
$1.7M
$-5.7M
Q1 24
$9.9M
$-6.5M
FCF Margin
LEGH
LEGH
XTNT
XTNT
Q4 25
61.6%
15.4%
Q3 25
17.8%
12.6%
Q2 25
9.6%
2.6%
Q1 25
15.0%
0.3%
Q4 24
16.4%
-0.0%
Q3 24
30.2%
-13.7%
Q2 24
5.4%
-18.9%
Q1 24
32.2%
-23.4%
Capex Intensity
LEGH
LEGH
XTNT
XTNT
Q4 25
13.1%
1.2%
Q3 25
7.1%
1.3%
Q2 25
6.2%
1.0%
Q1 25
5.2%
3.6%
Q4 24
5.1%
2.1%
Q3 24
15.6%
7.5%
Q2 24
5.5%
1.9%
Q1 24
2.8%
2.8%
Cash Conversion
LEGH
LEGH
XTNT
XTNT
Q4 25
2.32×
94.39×
Q3 25
0.83×
3.53×
Q2 25
0.41×
0.36×
Q1 25
0.48×
22.03×
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%

XTNT
XTNT

Orthobiologics$18.3M57%
Spinal Implant$9.4M29%
License Revenue$4.6M14%

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