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Side-by-side financial comparison of Roivant Sciences Ltd. (ROIV) and TIAN RUIXIANG HOLDINGS LTD (TIRX). Click either name above to swap in a different company.

TIAN RUIXIANG HOLDINGS LTD is the larger business by last-quarter revenue ($2.0M vs $2.0M, roughly 1.0× Roivant Sciences Ltd.). TIAN RUIXIANG HOLDINGS LTD runs the higher net margin — -12.3% vs -13301.2%, a 13288.9% gap on every dollar of revenue. On growth, TIAN RUIXIANG HOLDINGS LTD posted the faster year-over-year revenue change (-35.8% vs -77.8%). TIAN RUIXIANG HOLDINGS LTD produced more free cash flow last quarter ($263.1K vs $-201.4M).

Roivant Sciences Ltd. is an American multinational healthcare company focused on applying technology to drug development and building subsidiary life sciences and health technology companies. It was founded in 2014 by Vivek Ramaswamy and is currently headed by CEO Matt Gline. Roivant maintains its headquarters in New York City as well as major offices in the biotech hubs of Boston and Basel.

Tian Ruixiang Holdings Ltd is a China-based insurance intermediary service provider. It distributes various insurance products including property insurance, casualty insurance and life insurance from multiple partner insurance carriers, catering to both individual and corporate clients mainly across regional markets in mainland China.

ROIV vs TIRX — Head-to-Head

Bigger by revenue
TIRX
TIRX
1.0× larger
TIRX
$2.0M
$2.0M
ROIV
Growing faster (revenue YoY)
TIRX
TIRX
+42.1% gap
TIRX
-35.8%
-77.8%
ROIV
Higher net margin
TIRX
TIRX
13288.9% more per $
TIRX
-12.3%
-13301.2%
ROIV
More free cash flow
TIRX
TIRX
$201.7M more FCF
TIRX
$263.1K
$-201.4M
ROIV

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
ROIV
ROIV
TIRX
TIRX
Revenue
$2.0M
$2.0M
Net Profit
$-265.9M
$-248.3K
Gross Margin
85.6%
Operating Margin
-16966.1%
-6.7%
Net Margin
-13301.2%
-12.3%
Revenue YoY
-77.8%
-35.8%
Net Profit YoY
-257.0%
-159.3%
EPS (diluted)
$-0.38
$-0.02

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
ROIV
ROIV
TIRX
TIRX
Q4 25
$2.0M
Q3 25
$1.6M
Q2 25
$2.2M
$2.0M
Q1 25
$-39.6M
Q4 24
$9.0M
Q3 24
$4.5M
Q2 24
$8.0M
$3.1M
Q1 24
$28.9M
Net Profit
ROIV
ROIV
TIRX
TIRX
Q4 25
$-265.9M
Q3 25
$-113.5M
Q2 25
$-223.4M
$-248.3K
Q1 25
$-206.5M
Q4 24
$169.4M
Q3 24
$-230.2M
Q2 24
$95.3M
$418.9K
Q1 24
$-151.1M
Gross Margin
ROIV
ROIV
TIRX
TIRX
Q4 25
Q3 25
Q2 25
85.6%
Q1 25
Q4 24
Q3 24
Q2 24
89.7%
Q1 24
Operating Margin
ROIV
ROIV
TIRX
TIRX
Q4 25
-16966.1%
Q3 25
-19492.9%
Q2 25
-13130.0%
-6.7%
Q1 25
674.8%
Q4 24
-3042.6%
Q3 24
-7636.0%
Q2 24
-1279.5%
18.6%
Q1 24
-919.5%
Net Margin
ROIV
ROIV
TIRX
TIRX
Q4 25
-13301.2%
Q3 25
-7225.9%
Q2 25
-10292.9%
-12.3%
Q1 25
521.8%
Q4 24
1878.3%
Q3 24
-5143.8%
Q2 24
1192.7%
13.4%
Q1 24
-522.3%
EPS (diluted)
ROIV
ROIV
TIRX
TIRX
Q4 25
$-0.38
Q3 25
$-0.17
Q2 25
$-0.33
$-0.02
Q1 25
$-0.28
Q4 24
$0.23
Q3 24
$-0.31
Q2 24
$0.12
$0.01
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
ROIV
ROIV
TIRX
TIRX
Cash + ST InvestmentsLiquidity on hand
$4.5B
$28.0M
Total DebtLower is stronger
$3.5M
Stockholders' EquityBook value
$4.3B
$-16.1M
Total Assets
$5.2B
$6.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROIV
ROIV
TIRX
TIRX
Q4 25
$4.5B
Q3 25
$4.4B
Q2 25
$4.5B
$28.0M
Q1 25
$4.9B
Q4 24
$5.1B
Q3 24
$5.4B
Q2 24
$5.7B
$27.5M
Q1 24
$6.5B
Total Debt
ROIV
ROIV
TIRX
TIRX
Q4 25
Q3 25
Q2 25
$3.5M
Q1 25
Q4 24
Q3 24
Q2 24
$311.7M
Q1 24
$430.6M
Stockholders' Equity
ROIV
ROIV
TIRX
TIRX
Q4 25
$4.3B
Q3 25
$4.4B
Q2 25
$4.3B
$-16.1M
Q1 25
$4.7B
Q4 24
$5.2B
Q3 24
$5.2B
Q2 24
$5.4B
$32.3M
Q1 24
$6.0B
Total Assets
ROIV
ROIV
TIRX
TIRX
Q4 25
$5.2B
Q3 25
$5.1B
Q2 25
$5.0B
$6.0M
Q1 25
$5.4B
Q4 24
$5.8B
Q3 24
$6.2B
Q2 24
$6.5B
$38.0M
Q1 24
$7.2B
Debt / Equity
ROIV
ROIV
TIRX
TIRX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.06×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
ROIV
ROIV
TIRX
TIRX
Operating Cash FlowLast quarter
$-196.5M
$263.7K
Free Cash FlowOCF − Capex
$-201.4M
$263.1K
FCF MarginFCF / Revenue
-10076.0%
13.1%
Capex IntensityCapex / Revenue
246.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-776.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ROIV
ROIV
TIRX
TIRX
Q4 25
$-196.5M
Q3 25
$-185.7M
Q2 25
$-204.4M
$263.7K
Q1 25
$-172.6M
Q4 24
$-207.3M
Q3 24
$-266.8M
Q2 24
$-192.8M
$-646.8K
Q1 24
$-108.5M
Free Cash Flow
ROIV
ROIV
TIRX
TIRX
Q4 25
$-201.4M
Q3 25
$-193.5M
Q2 25
$-208.4M
$263.1K
Q1 25
$-173.4M
Q4 24
$-209.1M
Q3 24
$-267.8M
Q2 24
$-193.8M
Q1 24
$-108.8M
FCF Margin
ROIV
ROIV
TIRX
TIRX
Q4 25
-10076.0%
Q3 25
-12317.8%
Q2 25
-9604.5%
13.1%
Q1 25
438.1%
Q4 24
-2318.5%
Q3 24
-5984.4%
Q2 24
-2425.5%
Q1 24
-376.1%
Capex Intensity
ROIV
ROIV
TIRX
TIRX
Q4 25
246.9%
Q3 25
499.6%
Q2 25
185.9%
0.0%
Q1 25
-2.0%
Q4 24
20.3%
Q3 24
22.3%
Q2 24
12.1%
Q1 24
1.2%
Cash Conversion
ROIV
ROIV
TIRX
TIRX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-1.22×
Q3 24
Q2 24
-2.02×
-1.54×
Q1 24

Financial Flow Comparison

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

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