vs

Side-by-side financial comparison of ONESPAWORLD HOLDINGS Ltd (OSW) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $242.1M, roughly 1.6× ONESPAWORLD HOLDINGS Ltd). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs 1.5%, a 3.5% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs -12.5%). EXPRO GROUP HOLDINGS N.V. produced more free cash flow last quarter ($23.2M vs $14.9M). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% CAGR vs -0.2%).

OSW vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.6× larger
XPRO
$382.1M
$242.1M
OSW
Growing faster (revenue YoY)
OSW
OSW
+24.0% gap
OSW
11.5%
-12.5%
XPRO
Higher net margin
OSW
OSW
3.5% more per $
OSW
5.0%
1.5%
XPRO
More free cash flow
XPRO
XPRO
$8.3M more FCF
XPRO
$23.2M
$14.9M
OSW
Faster 2-yr revenue CAGR
OSW
OSW
Annualised
OSW
7.1%
-0.2%
XPRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OSW
OSW
XPRO
XPRO
Revenue
$242.1M
$382.1M
Net Profit
$12.1M
$5.8M
Gross Margin
Operating Margin
6.8%
3.1%
Net Margin
5.0%
1.5%
Revenue YoY
11.5%
-12.5%
Net Profit YoY
-16.2%
-74.9%
EPS (diluted)
$0.12
$0.05

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
OSW
OSW
XPRO
XPRO
Q4 25
$242.1M
$382.1M
Q3 25
$258.5M
$411.4M
Q2 25
$240.7M
$422.7M
Q1 25
$219.6M
$390.9M
Q4 24
$217.2M
$436.8M
Q3 24
$241.7M
$422.8M
Q2 24
$224.9M
$469.6M
Q1 24
$211.2M
$383.5M
Net Profit
OSW
OSW
XPRO
XPRO
Q4 25
$12.1M
$5.8M
Q3 25
$24.3M
$14.0M
Q2 25
$19.9M
$18.0M
Q1 25
$15.3M
$13.9M
Q4 24
$14.4M
$23.0M
Q3 24
$21.6M
$16.3M
Q2 24
$15.8M
$15.3M
Q1 24
$21.2M
$-2.7M
Operating Margin
OSW
OSW
XPRO
XPRO
Q4 25
6.8%
3.1%
Q3 25
10.2%
6.4%
Q2 25
9.2%
7.7%
Q1 25
7.7%
2.6%
Q4 24
7.9%
7.3%
Q3 24
10.3%
6.2%
Q2 24
8.4%
5.9%
Q1 24
8.0%
2.2%
Net Margin
OSW
OSW
XPRO
XPRO
Q4 25
5.0%
1.5%
Q3 25
9.4%
3.4%
Q2 25
8.3%
4.3%
Q1 25
7.0%
3.6%
Q4 24
6.6%
5.3%
Q3 24
8.9%
3.8%
Q2 24
7.0%
3.3%
Q1 24
10.0%
-0.7%
EPS (diluted)
OSW
OSW
XPRO
XPRO
Q4 25
$0.12
$0.05
Q3 25
$0.23
$0.12
Q2 25
$0.19
$0.16
Q1 25
$0.15
$0.12
Q4 24
$0.13
$0.20
Q3 24
$0.20
$0.14
Q2 24
$0.15
$0.13
Q1 24
$0.21
$-0.02

Balance Sheet & Financial Strength

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

Metric
OSW
OSW
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$16.3M
$196.1M
Total DebtLower is stronger
$84.0M
$79.1M
Stockholders' EquityBook value
$542.6M
$1.5B
Total Assets
$707.1M
$2.3B
Debt / EquityLower = less leverage
0.15×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSW
OSW
XPRO
XPRO
Q4 25
$16.3M
$196.1M
Q3 25
$29.6M
$197.9M
Q2 25
$35.0M
$206.8M
Q1 25
$22.6M
$179.3M
Q4 24
$57.4M
$183.0M
Q3 24
$48.8M
$165.7M
Q2 24
$62.5M
$133.5M
Q1 24
$65.4M
$163.2M
Total Debt
OSW
OSW
XPRO
XPRO
Q4 25
$84.0M
$79.1M
Q3 25
$85.2M
$99.1M
Q2 25
$96.2M
$121.1M
Q1 25
$97.4M
$121.1M
Q4 24
$98.6M
$121.1M
Q3 24
$98.7M
$121.1M
Q2 24
$123.8M
$121.1M
Q1 24
$138.6M
$40.0M
Stockholders' Equity
OSW
OSW
XPRO
XPRO
Q4 25
$542.6M
$1.5B
Q3 25
$552.8M
$1.5B
Q2 25
$548.3M
$1.5B
Q1 25
$530.6M
$1.5B
Q4 24
$554.5M
$1.5B
Q3 24
$540.1M
$1.5B
Q2 24
$532.7M
$1.5B
Q1 24
$515.5M
$1.3B
Total Assets
OSW
OSW
XPRO
XPRO
Q4 25
$707.1M
$2.3B
Q3 25
$732.6M
$2.3B
Q2 25
$731.8M
$2.3B
Q1 25
$708.7M
$2.3B
Q4 24
$746.4M
$2.3B
Q3 24
$734.0M
$2.3B
Q2 24
$756.8M
$2.3B
Q1 24
$763.6M
$2.0B
Debt / Equity
OSW
OSW
XPRO
XPRO
Q4 25
0.15×
0.05×
Q3 25
0.15×
0.07×
Q2 25
0.18×
0.08×
Q1 25
0.18×
0.08×
Q4 24
0.18×
0.08×
Q3 24
0.18×
0.08×
Q2 24
0.23×
0.08×
Q1 24
0.27×
0.03×

Cash Flow & Capital Efficiency

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

Metric
OSW
OSW
XPRO
XPRO
Operating Cash FlowLast quarter
$20.0M
$57.1M
Free Cash FlowOCF − Capex
$14.9M
$23.2M
FCF MarginFCF / Revenue
6.2%
6.1%
Capex IntensityCapex / Revenue
2.1%
8.9%
Cash ConversionOCF / Net Profit
1.65×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$68.4M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSW
OSW
XPRO
XPRO
Q4 25
$20.0M
$57.1M
Q3 25
$33.2M
$63.2M
Q2 25
$20.3M
$48.4M
Q1 25
$10.1M
$41.5M
Q4 24
$16.6M
$97.4M
Q3 24
$28.6M
$55.3M
Q2 24
$18.7M
$-13.2M
Q1 24
$15.0M
$29.9M
Free Cash Flow
OSW
OSW
XPRO
XPRO
Q4 25
$14.9M
$23.2M
Q3 25
$27.6M
$39.0M
Q2 25
$17.6M
$27.2M
Q1 25
$8.4M
$8.4M
Q4 24
$13.2M
$53.0M
Q3 24
$27.5M
$23.3M
Q2 24
$17.6M
$-49.5M
Q1 24
$13.7M
$-801.0K
FCF Margin
OSW
OSW
XPRO
XPRO
Q4 25
6.2%
6.1%
Q3 25
10.7%
9.5%
Q2 25
7.3%
6.4%
Q1 25
3.8%
2.1%
Q4 24
6.1%
12.1%
Q3 24
11.4%
5.5%
Q2 24
7.8%
-10.5%
Q1 24
6.5%
-0.2%
Capex Intensity
OSW
OSW
XPRO
XPRO
Q4 25
2.1%
8.9%
Q3 25
2.2%
5.9%
Q2 25
1.1%
5.0%
Q1 25
0.8%
8.5%
Q4 24
1.5%
10.2%
Q3 24
0.5%
7.6%
Q2 24
0.5%
7.7%
Q1 24
0.6%
8.0%
Cash Conversion
OSW
OSW
XPRO
XPRO
Q4 25
1.65×
9.89×
Q3 25
1.36×
4.52×
Q2 25
1.02×
2.69×
Q1 25
0.66×
2.98×
Q4 24
1.15×
4.23×
Q3 24
1.33×
3.40×
Q2 24
1.19×
-0.86×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OSW
OSW

Services$197.3M82%
Products$44.8M18%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

Related Comparisons