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Side-by-side financial comparison of TACTILE SYSTEMS TECHNOLOGY INC (TCMD) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($199.5M vs $103.6M, roughly 1.9× TACTILE SYSTEMS TECHNOLOGY INC). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 3.6%, a 6.7% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -4.1%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs -5.7%).
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
TCMD vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $103.6M | $199.5M |
| Net Profit | $10.6M | $7.1M |
| Gross Margin | 78.2% | — |
| Operating Margin | 18.1% | 7.7% |
| Net Margin | 10.3% | 3.6% |
| Revenue YoY | 21.0% | -4.1% |
| Net Profit YoY | 9.4% | -78.1% |
| EPS (diluted) | $0.45 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $103.6M | $208.0M | ||
| Q3 25 | $85.8M | $216.4M | ||
| Q2 25 | $78.9M | $210.5M | ||
| Q1 25 | $61.3M | $217.9M | ||
| Q4 24 | $85.6M | $233.5M | ||
| Q3 24 | $73.1M | $227.0M | ||
| Q2 24 | $73.2M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $10.6M | $33.9M | ||
| Q3 25 | $8.2M | $31.3M | ||
| Q2 25 | $3.2M | $42.7M | ||
| Q1 25 | $-3.0M | $28.1M | ||
| Q4 24 | $9.7M | $39.5M | ||
| Q3 24 | $5.2M | $49.1M | ||
| Q2 24 | $4.3M | $26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 78.2% | — | ||
| Q3 25 | 75.8% | — | ||
| Q2 25 | 74.5% | — | ||
| Q1 25 | 74.0% | — | ||
| Q4 24 | 75.2% | — | ||
| Q3 24 | 75.0% | — | ||
| Q2 24 | 73.9% | — |
| Q1 26 | — | 7.7% | ||
| Q4 25 | 18.1% | 19.1% | ||
| Q3 25 | 12.8% | 21.7% | ||
| Q2 25 | 5.2% | 21.5% | ||
| Q1 25 | -7.4% | 16.8% | ||
| Q4 24 | 14.6% | 21.7% | ||
| Q3 24 | 9.3% | 24.3% | ||
| Q2 24 | 8.0% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 10.3% | 16.3% | ||
| Q3 25 | 9.6% | 14.5% | ||
| Q2 25 | 4.1% | 20.3% | ||
| Q1 25 | -4.9% | 12.9% | ||
| Q4 24 | 11.4% | 16.9% | ||
| Q3 24 | 7.1% | 21.6% | ||
| Q2 24 | 5.9% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.45 | $5.15 | ||
| Q3 25 | $0.36 | $4.65 | ||
| Q2 25 | $0.14 | $6.12 | ||
| Q1 25 | $-0.13 | $4.05 | ||
| Q4 24 | $0.40 | $4.65 | ||
| Q3 24 | $0.21 | $5.71 | ||
| Q2 24 | $0.18 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.4M | $136.6M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $218.9M | $93.6B |
| Total Assets | $273.9M | — |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | $83.4M | — | ||
| Q3 25 | $66.0M | — | ||
| Q2 25 | $81.5M | — | ||
| Q1 25 | $83.6M | — | ||
| Q4 24 | $94.4M | — | ||
| Q3 24 | $82.1M | — | ||
| Q2 24 | $73.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $0 | $390.0M | ||
| Q3 25 | $0 | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | $27.0M | $237.5M | ||
| Q2 24 | $27.8M | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $218.9M | $934.0M | ||
| Q3 25 | $204.9M | $918.7M | ||
| Q2 25 | $194.9M | $896.4M | ||
| Q1 25 | $205.6M | $893.7M | ||
| Q4 24 | $216.6M | $897.5M | ||
| Q3 24 | $207.9M | $889.0M | ||
| Q2 24 | $200.7M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $273.9M | $4.3B | ||
| Q3 25 | $259.2M | $3.9B | ||
| Q2 25 | $273.0M | $3.7B | ||
| Q1 25 | $280.2M | $3.7B | ||
| Q4 24 | $297.9M | $4.0B | ||
| Q3 24 | $287.7M | $3.6B | ||
| Q2 24 | $278.8M | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | 0.42× | ||
| Q3 25 | 0.00× | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | 0.13× | 0.27× | ||
| Q2 24 | 0.14× | 0.29× |
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 | $17.3M | — |
| Free Cash FlowOCF − Capex | $16.8M | — |
| FCF MarginFCF / Revenue | 16.2% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | 1.63× | — |
| TTM Free Cash FlowTrailing 4 quarters | $40.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $17.3M | $-67.2M | ||
| Q3 25 | $10.3M | $108.3M | ||
| Q2 25 | $14.8M | $75.8M | ||
| Q1 25 | $417.0K | $-3.8M | ||
| Q4 24 | $16.3M | $1.8M | ||
| Q3 24 | $10.3M | $69.1M | ||
| Q2 24 | $13.1M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $16.8M | $-74.1M | ||
| Q3 25 | $9.2M | $106.9M | ||
| Q2 25 | $14.4M | $74.2M | ||
| Q1 25 | $38.0K | $-6.8M | ||
| Q4 24 | $15.9M | $-3.8M | ||
| Q3 24 | $9.3M | $68.7M | ||
| Q2 24 | $12.6M | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | 16.2% | -35.6% | ||
| Q3 25 | 10.8% | 49.4% | ||
| Q2 25 | 18.2% | 35.2% | ||
| Q1 25 | 0.1% | -3.1% | ||
| Q4 24 | 18.5% | -1.6% | ||
| Q3 24 | 12.7% | 30.3% | ||
| Q2 24 | 17.3% | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.3% | ||
| Q3 25 | 1.3% | 0.7% | ||
| Q2 25 | 0.5% | 0.7% | ||
| Q1 25 | 0.6% | 1.4% | ||
| Q4 24 | 0.5% | 2.4% | ||
| Q3 24 | 1.3% | 0.2% | ||
| Q2 24 | 0.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.63× | -1.99× | ||
| Q3 25 | 1.26× | 3.45× | ||
| Q2 25 | 4.59× | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | 1.68× | 0.04× | ||
| Q3 24 | 1.99× | 1.41× | ||
| Q2 24 | 3.06× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
