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Side-by-side financial comparison of FIRST FINANCIAL CORP (THFF) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Zai Lab Ltd is the larger business by last-quarter revenue ($127.1M vs $70.5M, roughly 1.8× FIRST FINANCIAL CORP). On growth, Zai Lab Ltd posted the faster year-over-year revenue change (17.1% vs 14.1%). FIRST FINANCIAL CORP produced more free cash flow last quarter ($86.4M vs $-26.7M). Over the past eight quarters, FIRST FINANCIAL CORP's revenue compounded faster (20.8% CAGR vs 20.8%).

First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

THFF vs ZLAB — Head-to-Head

Bigger by revenue
ZLAB
ZLAB
1.8× larger
ZLAB
$127.1M
$70.5M
THFF
Growing faster (revenue YoY)
ZLAB
ZLAB
+3.0% gap
ZLAB
17.1%
14.1%
THFF
More free cash flow
THFF
THFF
$113.1M more FCF
THFF
$86.4M
$-26.7M
ZLAB
Faster 2-yr revenue CAGR
THFF
THFF
Annualised
THFF
20.8%
20.8%
ZLAB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
THFF
THFF
ZLAB
ZLAB
Revenue
$70.5M
$127.1M
Net Profit
$21.5M
Gross Margin
51.0%
Operating Margin
37.4%
-54.6%
Net Margin
30.4%
Revenue YoY
14.1%
17.1%
Net Profit YoY
32.1%
EPS (diluted)
$1.81
$-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
THFF
THFF
ZLAB
ZLAB
Q4 25
$70.5M
$127.1M
Q3 25
$65.8M
$115.4M
Q2 25
$63.1M
$109.1M
Q1 25
$62.5M
$105.7M
Q4 24
$61.8M
$108.5M
Q3 24
$58.4M
$101.8M
Q2 24
$49.2M
$100.1M
Q1 24
$48.4M
$87.1M
Net Profit
THFF
THFF
ZLAB
ZLAB
Q4 25
$21.5M
Q3 25
$20.8M
$-36.0M
Q2 25
$18.6M
$-40.7M
Q1 25
$18.4M
$-48.4M
Q4 24
$16.2M
Q3 24
$8.7M
$-41.7M
Q2 24
$11.4M
$-80.3M
Q1 24
$10.9M
$-53.5M
Gross Margin
THFF
THFF
ZLAB
ZLAB
Q4 25
51.0%
Q3 25
59.5%
Q2 25
60.6%
Q1 25
63.6%
Q4 24
61.5%
Q3 24
64.1%
Q2 24
64.9%
Q1 24
61.4%
Operating Margin
THFF
THFF
ZLAB
ZLAB
Q4 25
37.4%
-54.6%
Q3 25
39.2%
-42.3%
Q2 25
36.2%
-50.3%
Q1 25
38.1%
-53.3%
Q4 24
32.4%
-62.6%
Q3 24
17.9%
-66.6%
Q2 24
27.6%
-76.0%
Q1 24
27.2%
-80.7%
Net Margin
THFF
THFF
ZLAB
ZLAB
Q4 25
30.4%
Q3 25
31.6%
-31.2%
Q2 25
29.5%
-37.3%
Q1 25
29.5%
-45.8%
Q4 24
26.3%
Q3 24
15.0%
-40.9%
Q2 24
23.1%
-80.2%
Q1 24
22.6%
-61.4%
EPS (diluted)
THFF
THFF
ZLAB
ZLAB
Q4 25
$1.81
$-0.05
Q3 25
$1.75
$-0.03
Q2 25
$1.57
$-0.04
Q1 25
$1.55
$-0.04
Q4 24
$1.37
$-0.09
Q3 24
$0.74
$-0.04
Q2 24
$0.96
$-0.08
Q1 24
$0.93
$-0.05

Balance Sheet & Financial Strength

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

Metric
THFF
THFF
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
$188.2M
Stockholders' EquityBook value
$650.9M
$715.5M
Total Assets
$5.8B
$1.2B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
THFF
THFF
ZLAB
ZLAB
Q4 25
$689.6M
Q3 25
$717.2M
Q2 25
$732.2M
Q1 25
$757.3M
Q4 24
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Total Debt
THFF
THFF
ZLAB
ZLAB
Q4 25
$188.2M
Q3 25
$170.5M
Q2 25
$122.7M
Q1 25
$124.9M
Q4 24
$28.1M
Q3 24
$30.5M
Q2 24
$108.6M
Q1 24
$58.6M
Stockholders' Equity
THFF
THFF
ZLAB
ZLAB
Q4 25
$650.9M
$715.5M
Q3 25
$622.2M
$759.9M
Q2 25
$587.7M
$791.7M
Q1 25
$571.9M
$810.8M
Q4 24
$549.0M
$840.9M
Q3 24
$566.0M
$667.7M
Q2 24
$530.7M
$704.2M
Q1 24
$520.8M
$762.2M
Total Assets
THFF
THFF
ZLAB
ZLAB
Q4 25
$5.8B
$1.2B
Q3 25
$5.7B
$1.2B
Q2 25
$5.6B
$1.2B
Q1 25
$5.5B
$1.2B
Q4 24
$5.6B
$1.2B
Q3 24
$5.5B
$985.3M
Q2 24
$4.9B
$987.4M
Q1 24
$4.9B
$988.4M
Debt / Equity
THFF
THFF
ZLAB
ZLAB
Q4 25
0.29×
Q3 25
0.27×
Q2 25
0.21×
Q1 25
0.22×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.20×
Q1 24
0.11×

Cash Flow & Capital Efficiency

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

Metric
THFF
THFF
ZLAB
ZLAB
Operating Cash FlowLast quarter
$90.4M
$-26.0M
Free Cash FlowOCF − Capex
$86.4M
$-26.7M
FCF MarginFCF / Revenue
122.5%
-21.0%
Capex IntensityCapex / Revenue
5.6%
0.5%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$144.3M
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
THFF
THFF
ZLAB
ZLAB
Q4 25
$90.4M
$-26.0M
Q3 25
$26.9M
$-32.0M
Q2 25
$12.7M
$-31.0M
Q1 25
$21.1M
$-61.7M
Q4 24
$60.4M
$-55.8M
Q3 24
$23.3M
$-26.8M
Q2 24
$8.8M
$-42.2M
Q1 24
$12.4M
$-90.1M
Free Cash Flow
THFF
THFF
ZLAB
ZLAB
Q4 25
$86.4M
$-26.7M
Q3 25
$25.8M
$-35.0M
Q2 25
$11.6M
$-33.9M
Q1 25
$20.5M
$-63.2M
Q4 24
$54.3M
$-58.4M
Q3 24
$19.5M
$-28.2M
Q2 24
$8.4M
$-42.9M
Q1 24
$11.5M
$-91.1M
FCF Margin
THFF
THFF
ZLAB
ZLAB
Q4 25
122.5%
-21.0%
Q3 25
39.2%
-30.4%
Q2 25
18.4%
-31.1%
Q1 25
32.8%
-59.9%
Q4 24
87.8%
-53.8%
Q3 24
33.5%
-27.7%
Q2 24
17.2%
-42.9%
Q1 24
23.7%
-104.5%
Capex Intensity
THFF
THFF
ZLAB
ZLAB
Q4 25
5.6%
0.5%
Q3 25
1.7%
2.6%
Q2 25
1.8%
2.6%
Q1 25
0.9%
1.5%
Q4 24
9.9%
2.4%
Q3 24
6.5%
1.3%
Q2 24
0.7%
0.7%
Q1 24
2.0%
1.1%
Cash Conversion
THFF
THFF
ZLAB
ZLAB
Q4 25
4.21×
Q3 25
1.29×
Q2 25
0.68×
Q1 25
1.14×
Q4 24
3.72×
Q3 24
2.67×
Q2 24
0.77×
Q1 24
1.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

THFF
THFF

Segment breakdown not available.

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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