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Side-by-side financial comparison of OCTAVE SPECIALTY GROUP INC (OSG) and WW INTERNATIONAL, INC. (WW). Click either name above to swap in a different company.

WW INTERNATIONAL, INC. is the larger business by last-quarter revenue ($184.3M vs $104.2M, roughly 1.8× OCTAVE SPECIALTY GROUP INC). OCTAVE SPECIALTY GROUP INC runs the higher net margin — -6.6% vs -30.5%, a 24.0% gap on every dollar of revenue. On growth, OCTAVE SPECIALTY GROUP INC posted the faster year-over-year revenue change (66.0% vs -4.5%). Over the past eight quarters, OCTAVE SPECIALTY GROUP INC's revenue compounded faster (42.9% CAGR vs -7.4%).

Octave Specialty Group Inc. is a specialty insurance holding company that provides tailored property and casualty insurance products. Its core business focuses on excess and surplus lines, catering to commercial and individual clients across primary North American markets with customized risk coverage solutions.

WW International, Inc., formerly Weight Watchers International, Inc., is a global company headquartered in the U.S. that offers weight loss and maintenance, fitness, and mindset services such as the Weight Watchers comprehensive diet program. Founded in 1963 by Queens, New York City homemaker Jean Nidetch, WW's program has three options as of 2019: online via its mobile app and website, coaching online or by phone, or in-person meetings.

OSG vs WW — Head-to-Head

Bigger by revenue
WW
WW
1.8× larger
WW
$184.3M
$104.2M
OSG
Growing faster (revenue YoY)
OSG
OSG
+70.5% gap
OSG
66.0%
-4.5%
WW
Higher net margin
OSG
OSG
24.0% more per $
OSG
-6.6%
-30.5%
WW
Faster 2-yr revenue CAGR
OSG
OSG
Annualised
OSG
42.9%
-7.4%
WW

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
OSG
OSG
WW
WW
Revenue
$104.2M
$184.3M
Net Profit
$-6.9M
$-56.3M
Gross Margin
72.2%
Operating Margin
5.8%
Net Margin
-6.6%
-30.5%
Revenue YoY
66.0%
-4.5%
Net Profit YoY
-21.8%
EPS (diluted)
$-0.13
$-5.63

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
OSG
OSG
WW
WW
Q1 26
$104.2M
Q4 25
$66.9M
Q3 25
$66.6M
$184.3M
Q2 25
$55.0M
Q1 25
$62.8M
$186.6M
Q4 24
$65.2M
$184.4M
Q3 24
$70.0M
$192.9M
Q2 24
$51.0M
$202.1M
Net Profit
OSG
OSG
WW
WW
Q1 26
$-6.9M
Q4 25
$-29.7M
Q3 25
$-112.6M
$-56.3M
Q2 25
$-72.7M
Q1 25
$-44.7M
$-72.6M
Q4 24
$-20.9M
$25.1M
Q3 24
$-27.5M
$-46.2M
Q2 24
$-750.0K
$23.3M
Gross Margin
OSG
OSG
WW
WW
Q1 26
Q4 25
Q3 25
72.2%
Q2 25
Q1 25
71.2%
Q4 24
69.7%
Q3 24
67.1%
Q2 24
67.9%
Operating Margin
OSG
OSG
WW
WW
Q1 26
Q4 25
-76.7%
Q3 25
-48.2%
5.8%
Q2 25
-41.8%
Q1 25
-24.1%
-10.8%
Q4 24
-55.5%
19.6%
Q3 24
-29.7%
-20.2%
Q2 24
-28.9%
17.8%
Net Margin
OSG
OSG
WW
WW
Q1 26
-6.6%
Q4 25
-73.8%
Q3 25
-169.1%
-30.5%
Q2 25
-132.3%
Q1 25
-71.3%
-38.9%
Q4 24
-55.1%
13.6%
Q3 24
-39.3%
-23.9%
Q2 24
-1.5%
11.5%
EPS (diluted)
OSG
OSG
WW
WW
Q1 26
$-0.13
Q4 25
$-0.82
Q3 25
$-2.35
$-5.63
Q2 25
$-1.54
Q1 25
$-1.22
$-0.91
Q4 24
$-11.75
$0.34
Q3 24
$-0.63
$-0.58
Q2 24
$-0.02
$0.29

Balance Sheet & Financial Strength

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

Metric
OSG
OSG
WW
WW
Cash + ST InvestmentsLiquidity on hand
$170.1M
Total DebtLower is stronger
$117.1M
Stockholders' EquityBook value
$833.6M
$323.0M
Total Assets
$2.3B
$968.8M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSG
OSG
WW
WW
Q1 26
Q4 25
$146.4M
Q3 25
$27.5M
$170.1M
Q2 25
$22.5M
Q1 25
$34.1M
$236.3M
Q4 24
$157.2M
$53.0M
Q3 24
$40.8M
$57.2M
Q2 24
$14.6M
$42.7M
Total Debt
OSG
OSG
WW
WW
Q1 26
$117.1M
Q4 25
$117.6M
Q3 25
Q2 25
Q1 25
Q4 24
$0
$1.4B
Q3 24
$518.0M
$1.4B
Q2 24
$515.0M
$1.4B
Stockholders' Equity
OSG
OSG
WW
WW
Q1 26
$833.6M
Q4 25
$715.8M
Q3 25
$843.4M
$323.0M
Q2 25
$859.8M
Q1 25
$852.2M
$-1.2B
Q4 24
$798.4M
$-1.1B
Q3 24
$1.5B
$-1.1B
Q2 24
$1.4B
$-1.1B
Total Assets
OSG
OSG
WW
WW
Q1 26
$2.3B
Q4 25
$2.2B
Q3 25
$2.1B
$968.8M
Q2 25
$8.5B
Q1 25
$8.3B
$696.9M
Q4 24
$8.1B
$550.3M
Q3 24
$9.3B
$562.4M
Q2 24
$8.2B
$614.3M
Debt / Equity
OSG
OSG
WW
WW
Q1 26
0.14×
Q4 25
0.16×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.35×
Q2 24
0.38×

Cash Flow & Capital Efficiency

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

Metric
OSG
OSG
WW
WW
Operating Cash FlowLast quarter
$8.4M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$44.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSG
OSG
WW
WW
Q1 26
Q4 25
$-52.3M
Q3 25
$-41.2M
$8.4M
Q2 25
$2.1M
Q1 25
$-12.6M
$15.0M
Q4 24
$762.0K
$4.6M
Q3 24
$48.9M
$16.5M
Q2 24
$20.4M
$-1.9M
Free Cash Flow
OSG
OSG
WW
WW
Q1 26
Q4 25
Q3 25
$8.4M
Q2 25
Q1 25
$15.0M
Q4 24
$4.5M
Q3 24
$16.4M
Q2 24
$-2.2M
FCF Margin
OSG
OSG
WW
WW
Q1 26
Q4 25
Q3 25
4.6%
Q2 25
Q1 25
8.0%
Q4 24
2.4%
Q3 24
8.5%
Q2 24
-1.1%
Capex Intensity
OSG
OSG
WW
WW
Q1 26
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
OSG
OSG
WW
WW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.18×
Q3 24
Q2 24
-0.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OSG
OSG

Commissions$68.2M65%
Other$20.6M20%
Servicing and other fees$9.4M9%
Program fees$3.6M3%
Investment income$2.4M2%

WW
WW

Segment breakdown not available.

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