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Side-by-side financial comparison of ONE Group Hospitality, Inc. (STKS) and TANDEM DIABETES CARE INC (TNDM). Click either name above to swap in a different company.
TANDEM DIABETES CARE INC is the larger business by last-quarter revenue ($290.4M vs $207.0M, roughly 1.4× ONE Group Hospitality, Inc.). TANDEM DIABETES CARE INC runs the higher net margin — -0.2% vs -3.1%, a 2.9% gap on every dollar of revenue. On growth, TANDEM DIABETES CARE INC posted the faster year-over-year revenue change (2.7% vs -6.7%). TANDEM DIABETES CARE INC produced more free cash flow last quarter ($3.1M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 23.1%).
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
Tandem Diabetes Care, Inc. is an American medical device manufacturer based in San Diego, California. The company develops medical technologies for the treatment of diabetes and specifically insulin infusion therapy.
STKS vs TNDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $207.0M | $290.4M |
| Net Profit | $-6.4M | $-589.0K |
| Gross Margin | — | 57.7% |
| Operating Margin | 2.2% | 2.9% |
| Net Margin | -3.1% | -0.2% |
| Revenue YoY | -6.7% | 2.7% |
| Net Profit YoY | -531.8% | -178.0% |
| EPS (diluted) | $-0.50 | $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.
| Q4 25 | $207.0M | $290.4M | ||
| Q3 25 | $180.2M | $249.3M | ||
| Q2 25 | $207.4M | $240.7M | ||
| Q1 25 | $211.1M | $234.4M | ||
| Q4 24 | $221.9M | $282.6M | ||
| Q3 24 | $194.0M | $244.0M | ||
| Q2 24 | $172.5M | $221.9M | ||
| Q1 24 | $85.0M | $191.7M |
| Q4 25 | $-6.4M | $-589.0K | ||
| Q3 25 | $-76.7M | $-21.2M | ||
| Q2 25 | $-10.1M | $-52.4M | ||
| Q1 25 | $975.0K | $-130.6M | ||
| Q4 24 | $1.5M | $755.0K | ||
| Q3 24 | $-9.3M | $-23.3M | ||
| Q2 24 | $-7.3M | $-30.8M | ||
| Q1 24 | $-2.1M | $-42.7M |
| Q4 25 | — | 57.7% | ||
| Q3 25 | — | 53.9% | ||
| Q2 25 | — | 52.3% | ||
| Q1 25 | — | 50.5% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 50.8% | ||
| Q1 24 | — | 49.4% |
| Q4 25 | 2.2% | 2.9% | ||
| Q3 25 | -4.4% | -9.2% | ||
| Q2 25 | 0.3% | -21.5% | ||
| Q1 25 | 5.1% | -51.6% | ||
| Q4 24 | 5.5% | -0.2% | ||
| Q3 24 | -1.9% | -10.7% | ||
| Q2 24 | 0.6% | -13.9% | ||
| Q1 24 | -0.7% | -21.7% |
| Q4 25 | -3.1% | -0.2% | ||
| Q3 25 | -42.6% | -8.5% | ||
| Q2 25 | -4.9% | -21.8% | ||
| Q1 25 | 0.5% | -55.7% | ||
| Q4 24 | 0.7% | 0.3% | ||
| Q3 24 | -4.8% | -9.5% | ||
| Q2 24 | -4.3% | -13.9% | ||
| Q1 24 | -2.4% | -22.3% |
| Q4 25 | $-0.50 | $0.02 | ||
| Q3 25 | $-2.75 | $-0.31 | ||
| Q2 25 | $-0.59 | $-0.78 | ||
| Q1 25 | $-0.21 | $-1.97 | ||
| Q4 24 | $-0.18 | $0.00 | ||
| Q3 24 | $-0.53 | $-0.35 | ||
| Q2 24 | $-0.38 | $-0.47 | ||
| Q1 24 | $-0.07 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.2M | $292.7M |
| Total DebtLower is stronger | $354.2M | — |
| Stockholders' EquityBook value | $-75.8M | $155.2M |
| Total Assets | $884.2M | $881.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2M | $292.7M | ||
| Q3 25 | $5.5M | $319.1M | ||
| Q2 25 | $4.7M | $315.4M | ||
| Q1 25 | $21.4M | $368.6M | ||
| Q4 24 | $27.6M | $438.3M | ||
| Q3 24 | $28.2M | $473.3M | ||
| Q2 24 | $32.2M | $452.4M | ||
| Q1 24 | $15.4M | $467.8M |
| Q4 25 | $354.2M | — | ||
| Q3 25 | $355.0M | — | ||
| Q2 25 | $347.4M | — | ||
| Q1 25 | $348.3M | — | ||
| Q4 24 | $348.3M | — | ||
| Q3 24 | $349.1M | — | ||
| Q2 24 | $350.0M | — | ||
| Q1 24 | $73.5M | — |
| Q4 25 | $-75.8M | $155.2M | ||
| Q3 25 | $-61.5M | $133.0M | ||
| Q2 25 | $23.0M | $133.3M | ||
| Q1 25 | $40.5M | $155.3M | ||
| Q4 24 | $45.9M | $263.1M | ||
| Q3 24 | $51.4M | $237.7M | ||
| Q2 24 | $68.1M | $233.9M | ||
| Q1 24 | $68.3M | $243.1M |
| Q4 25 | $884.2M | $881.1M | ||
| Q3 25 | $879.5M | $874.7M | ||
| Q2 25 | $935.7M | $875.7M | ||
| Q1 25 | $956.0M | $922.1M | ||
| Q4 24 | $960.1M | $967.7M | ||
| Q3 24 | $953.5M | $957.7M | ||
| Q2 24 | $945.9M | $937.5M | ||
| Q1 24 | $309.3M | $941.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.07× | — | ||
| Q1 25 | 8.61× | — | ||
| Q4 24 | 7.59× | — | ||
| Q3 24 | 6.79× | — | ||
| Q2 24 | 5.14× | — | ||
| Q1 24 | 1.08× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $13.1M | $9.8M |
| Free Cash FlowOCF − Capex | $-329.0K | $3.1M |
| FCF MarginFCF / Revenue | -0.2% | 1.1% |
| Capex IntensityCapex / Revenue | 6.5% | 2.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-27.3M | $-29.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $9.8M | ||
| Q3 25 | $5.9M | $8.3M | ||
| Q2 25 | $2.8M | $-9.5M | ||
| Q1 25 | $8.5M | $-18.3M | ||
| Q4 24 | $18.5M | $10.7M | ||
| Q3 24 | $19.1M | $26.8M | ||
| Q2 24 | $-3.8M | $-5.3M | ||
| Q1 24 | $10.4M | $-8.0M |
| Q4 25 | $-329.0K | $3.1M | ||
| Q3 25 | $-6.1M | $4.2M | ||
| Q2 25 | $-15.0M | $-15.7M | ||
| Q1 25 | $-5.8M | $-21.2M | ||
| Q4 24 | $733.0K | $7.6M | ||
| Q3 24 | $287.0K | $21.5M | ||
| Q2 24 | $-23.0M | $-11.7M | ||
| Q1 24 | $-5.4M | $-12.5M |
| Q4 25 | -0.2% | 1.1% | ||
| Q3 25 | -3.4% | 1.7% | ||
| Q2 25 | -7.2% | -6.5% | ||
| Q1 25 | -2.7% | -9.1% | ||
| Q4 24 | 0.3% | 2.7% | ||
| Q3 24 | 0.1% | 8.8% | ||
| Q2 24 | -13.3% | -5.3% | ||
| Q1 24 | -6.4% | -6.5% |
| Q4 25 | 6.5% | 2.3% | ||
| Q3 25 | 6.7% | 1.6% | ||
| Q2 25 | 8.6% | 2.6% | ||
| Q1 25 | 6.8% | 1.3% | ||
| Q4 24 | 8.0% | 1.1% | ||
| Q3 24 | 9.7% | 2.1% | ||
| Q2 24 | 11.1% | 2.9% | ||
| Q1 24 | 18.6% | 2.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 8.76× | — | ||
| Q4 24 | 12.54× | 14.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
TNDM
| Supplies And Other | $150.3M | 52% |
| Pump | $140.1M | 48% |