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Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.

Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $76.2M, roughly 1.8× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs 3.2%, a 4.2% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs 4.3%). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% CAGR vs 6.6%).

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

LMB vs VMD — Head-to-Head

Bigger by revenue
LMB
LMB
1.8× larger
LMB
$138.9M
$76.2M
VMD
Growing faster (revenue YoY)
VMD
VMD
+21.2% gap
VMD
25.5%
4.3%
LMB
Higher net margin
VMD
VMD
4.2% more per $
VMD
7.4%
3.2%
LMB
Faster 2-yr revenue CAGR
VMD
VMD
Annualised
VMD
22.7%
6.6%
LMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LMB
LMB
VMD
VMD
Revenue
$138.9M
$76.2M
Net Profit
$4.4M
$5.6M
Gross Margin
22.4%
57.9%
Operating Margin
0.8%
11.0%
Net Margin
3.2%
7.4%
Revenue YoY
4.3%
25.5%
Net Profit YoY
30.7%
EPS (diluted)
$0.36
$0.14

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
LMB
LMB
VMD
VMD
Q1 26
$138.9M
Q4 25
$186.9M
$76.2M
Q3 25
$184.6M
$71.9M
Q2 25
$142.2M
$63.1M
Q1 25
$133.1M
$59.1M
Q4 24
$143.7M
$60.7M
Q3 24
$133.9M
$58.0M
Q2 24
$122.2M
$55.0M
Net Profit
LMB
LMB
VMD
VMD
Q1 26
$4.4M
Q4 25
$12.3M
$5.6M
Q3 25
$8.8M
$3.5M
Q2 25
$7.8M
$3.2M
Q1 25
$10.2M
$2.6M
Q4 24
$9.8M
$4.3M
Q3 24
$7.5M
$3.9M
Q2 24
$6.0M
$1.5M
Gross Margin
LMB
LMB
VMD
VMD
Q1 26
22.4%
Q4 25
25.7%
57.9%
Q3 25
24.2%
57.5%
Q2 25
28.0%
58.3%
Q1 25
27.6%
56.3%
Q4 24
30.3%
59.5%
Q3 24
27.0%
59.3%
Q2 24
27.4%
59.8%
Operating Margin
LMB
LMB
VMD
VMD
Q1 26
0.8%
Q4 25
9.4%
11.0%
Q3 25
7.2%
7.8%
Q2 25
7.5%
8.1%
Q1 25
5.9%
6.5%
Q4 24
9.1%
10.6%
Q3 24
8.1%
9.7%
Q2 24
6.7%
6.6%
Net Margin
LMB
LMB
VMD
VMD
Q1 26
3.2%
Q4 25
6.6%
7.4%
Q3 25
4.8%
4.9%
Q2 25
5.5%
5.0%
Q1 25
7.7%
4.4%
Q4 24
6.9%
7.1%
Q3 24
5.6%
6.7%
Q2 24
4.9%
2.7%
EPS (diluted)
LMB
LMB
VMD
VMD
Q1 26
$0.36
Q4 25
$1.01
$0.14
Q3 25
$0.73
$0.09
Q2 25
$0.64
$0.08
Q1 25
$0.85
$0.06
Q4 24
$0.81
$0.10
Q3 24
$0.62
$0.10
Q2 24
$0.50
$0.04

Balance Sheet & Financial Strength

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

Metric
LMB
LMB
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$15.8M
$13.5M
Total DebtLower is stronger
$56.6M
Stockholders' EquityBook value
$196.3M
$141.5M
Total Assets
$377.0M
$199.2M
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMB
LMB
VMD
VMD
Q1 26
$15.8M
Q4 25
$11.3M
$13.5M
Q3 25
$9.8M
$11.1M
Q2 25
$38.9M
$20.0M
Q1 25
$38.1M
$10.2M
Q4 24
$44.9M
$17.5M
Q3 24
$51.2M
$11.3M
Q2 24
$59.5M
$8.8M
Total Debt
LMB
LMB
VMD
VMD
Q1 26
$56.6M
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Stockholders' Equity
LMB
LMB
VMD
VMD
Q1 26
$196.3M
Q4 25
$195.7M
$141.5M
Q3 25
$181.6M
$133.6M
Q2 25
$170.5M
$139.7M
Q1 25
$161.1M
$134.8M
Q4 24
$153.5M
$131.4M
Q3 24
$142.2M
$125.0M
Q2 24
$133.0M
$119.4M
Total Assets
LMB
LMB
VMD
VMD
Q1 26
$377.0M
Q4 25
$381.1M
$199.2M
Q3 25
$409.1M
$202.4M
Q2 25
$343.0M
$184.6M
Q1 25
$336.4M
$178.1M
Q4 24
$352.1M
$177.1M
Q3 24
$324.4M
$169.5M
Q2 24
$303.9M
$163.9M
Debt / Equity
LMB
LMB
VMD
VMD
Q1 26
0.29×
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 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
LMB
LMB
VMD
VMD
Operating Cash FlowLast quarter
$18.4M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
11.5%
Cash ConversionOCF / Net Profit
3.27×
TTM Free Cash FlowTrailing 4 quarters
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMB
LMB
VMD
VMD
Q1 26
Q4 25
$28.1M
$18.4M
Q3 25
$13.3M
$18.4M
Q2 25
$2.0M
$12.3M
Q1 25
$2.2M
$2.9M
Q4 24
$19.3M
$15.0M
Q3 24
$4.9M
$12.7M
Q2 24
$16.5M
$10.2M
Free Cash Flow
LMB
LMB
VMD
VMD
Q1 26
Q4 25
$27.9M
$9.7M
Q3 25
$12.8M
$10.7M
Q2 25
$1.2M
$4.1M
Q1 25
$11.0K
$-12.6M
Q4 24
$18.0M
$3.2M
Q3 24
$4.6M
$1.7M
Q2 24
$13.2M
$1.2M
FCF Margin
LMB
LMB
VMD
VMD
Q1 26
Q4 25
14.9%
12.7%
Q3 25
7.0%
14.9%
Q2 25
0.8%
6.5%
Q1 25
0.0%
-21.4%
Q4 24
12.5%
5.2%
Q3 24
3.4%
3.0%
Q2 24
10.8%
2.3%
Capex Intensity
LMB
LMB
VMD
VMD
Q1 26
Q4 25
0.1%
11.5%
Q3 25
0.3%
10.6%
Q2 25
0.6%
12.9%
Q1 25
1.7%
26.2%
Q4 24
0.9%
19.5%
Q3 24
0.3%
19.0%
Q2 24
2.7%
16.3%
Cash Conversion
LMB
LMB
VMD
VMD
Q1 26
Q4 25
2.29×
3.27×
Q3 25
1.52×
5.23×
Q2 25
0.26×
3.88×
Q1 25
0.22×
1.09×
Q4 24
1.96×
3.47×
Q3 24
0.66×
3.29×
Q2 24
2.77×
6.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMB
LMB

ODR$99.8M72%
GCR$39.0M28%

VMD
VMD

Segment breakdown not available.

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