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Side-by-side financial comparison of Adaptive Biotechnologies Corp (ADPT) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.
Adaptive Biotechnologies Corp is the larger business by last-quarter revenue ($71.7M vs $70.6M, roughly 1.0× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -18.9%, a 36.2% gap on every dollar of revenue. On growth, Adaptive Biotechnologies Corp posted the faster year-over-year revenue change (51.0% vs 25.4%). Over the past eight quarters, Adaptive Biotechnologies Corp's revenue compounded faster (30.8% CAGR vs 15.0%).
ExpreS2ion Biotechnologies is a Danish biotechnology company specialised in the development of new vaccines and immunotherapy products based in Hørsholm, Denmark and listed on the Nasdaq First North Growth Market Sweden.
Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.
ADPT vs MFIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $71.7M | $70.6M |
| Net Profit | $-13.6M | $12.2M |
| Gross Margin | 74.6% | — |
| Operating Margin | -17.8% | 29.3% |
| Net Margin | -18.9% | 17.3% |
| Revenue YoY | 51.0% | 25.4% |
| Net Profit YoY | 59.7% | 20.3% |
| EPS (diluted) | $-0.08 | $0.50 |
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 | $71.7M | $70.6M | ||
| Q3 25 | $94.0M | $58.7M | ||
| Q2 25 | $58.9M | $62.6M | ||
| Q1 25 | $52.4M | $63.0M | ||
| Q4 24 | $47.5M | $56.3M | ||
| Q3 24 | $46.4M | $53.3M | ||
| Q2 24 | $43.2M | $51.0M | ||
| Q1 24 | $41.9M | $53.3M |
| Q4 25 | $-13.6M | $12.2M | ||
| Q3 25 | $9.5M | $7.8M | ||
| Q2 25 | $-25.6M | $11.1M | ||
| Q1 25 | $-29.9M | $12.0M | ||
| Q4 24 | $-33.7M | $10.1M | ||
| Q3 24 | $-32.1M | $8.6M | ||
| Q2 24 | $-46.2M | $7.1M | ||
| Q1 24 | $-47.5M | $10.0M |
| Q4 25 | 74.6% | — | ||
| Q3 25 | 80.7% | — | ||
| Q2 25 | 69.4% | — | ||
| Q1 25 | 67.6% | — | ||
| Q4 24 | 62.0% | — | ||
| Q3 24 | 64.1% | — | ||
| Q2 24 | 55.3% | — | ||
| Q1 24 | 56.9% | — |
| Q4 25 | -17.8% | 29.3% | ||
| Q3 25 | 10.9% | 33.2% | ||
| Q2 25 | -42.5% | 31.1% | ||
| Q1 25 | -56.4% | 32.1% | ||
| Q4 24 | -71.3% | 32.8% | ||
| Q3 24 | -70.3% | 26.6% | ||
| Q2 24 | -109.6% | 24.3% | ||
| Q1 24 | -116.5% | 33.6% |
| Q4 25 | -18.9% | 17.3% | ||
| Q3 25 | 10.2% | 13.2% | ||
| Q2 25 | -43.5% | 17.7% | ||
| Q1 25 | -56.9% | 19.1% | ||
| Q4 24 | -71.0% | 18.0% | ||
| Q3 24 | -69.1% | 16.1% | ||
| Q2 24 | -107.0% | 13.9% | ||
| Q1 24 | -113.5% | 18.8% |
| Q4 25 | $-0.08 | $0.50 | ||
| Q3 25 | $0.06 | $0.32 | ||
| Q2 25 | $-0.17 | $0.46 | ||
| Q1 25 | $-0.20 | $0.50 | ||
| Q4 24 | $-0.22 | $0.43 | ||
| Q3 24 | $-0.22 | $0.37 | ||
| Q2 24 | $-0.31 | $0.30 | ||
| Q1 24 | $-0.33 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $70.5M | $136.3M |
| Total DebtLower is stronger | — | $216.0M |
| Stockholders' EquityBook value | $218.8M | $408.6M |
| Total Assets | $512.7M | $3.0B |
| Debt / EquityLower = less leverage | — | 0.53× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.5M | $136.3M | ||
| Q3 25 | $55.0M | $72.5M | ||
| Q2 25 | $43.2M | $110.4M | ||
| Q1 25 | $50.6M | $131.5M | ||
| Q4 24 | $47.9M | $98.2M | ||
| Q3 24 | $38.1M | $120.6M | ||
| Q2 24 | $59.8M | $87.7M | ||
| Q1 24 | $71.2M | $54.8M |
| Q4 25 | — | $216.0M | ||
| Q3 25 | — | $215.7M | ||
| Q2 25 | — | $199.9M | ||
| Q1 25 | — | $199.7M | ||
| Q4 24 | — | $232.2M | ||
| Q3 24 | — | $232.0M | ||
| Q2 24 | — | $230.8M | ||
| Q1 24 | — | $225.6M |
| Q4 25 | $218.8M | $408.6M | ||
| Q3 25 | $204.4M | $397.4M | ||
| Q2 25 | $179.7M | $389.9M | ||
| Q1 25 | $190.4M | $380.2M | ||
| Q4 24 | $202.7M | $370.2M | ||
| Q3 24 | $223.8M | $362.4M | ||
| Q2 24 | $241.6M | $354.0M | ||
| Q1 24 | $274.9M | $349.0M |
| Q4 25 | $512.7M | $3.0B | ||
| Q3 25 | $490.6M | $2.9B | ||
| Q2 25 | $496.6M | $2.9B | ||
| Q1 25 | $510.9M | $2.8B | ||
| Q4 24 | $539.4M | $2.9B | ||
| Q3 24 | $558.5M | $2.9B | ||
| Q2 24 | $584.9M | $2.8B | ||
| Q1 24 | $620.3M | $2.6B |
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | — | 0.65× |
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 | $2.1M | $126.3M |
| Free Cash FlowOCF − Capex | $1.4M | — |
| FCF MarginFCF / Revenue | 2.0% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | — | 10.35× |
| TTM Free Cash FlowTrailing 4 quarters | $-48.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.1M | $126.3M | ||
| Q3 25 | $-7.1M | $67.0M | ||
| Q2 25 | $-12.4M | $-10.7M | ||
| Q1 25 | $-28.5M | $36.3M | ||
| Q4 24 | $-12.5M | $108.7M | ||
| Q3 24 | $-27.1M | $24.6M | ||
| Q2 24 | $-17.3M | $27.6M | ||
| Q1 24 | $-38.4M | $32.3M |
| Q4 25 | $1.4M | — | ||
| Q3 25 | $-7.5M | — | ||
| Q2 25 | $-13.1M | — | ||
| Q1 25 | $-29.7M | — | ||
| Q4 24 | $-12.6M | — | ||
| Q3 24 | $-27.4M | — | ||
| Q2 24 | $-19.0M | — | ||
| Q1 24 | $-39.9M | — |
| Q4 25 | 2.0% | — | ||
| Q3 25 | -8.0% | — | ||
| Q2 25 | -22.2% | — | ||
| Q1 25 | -56.7% | — | ||
| Q4 24 | -26.5% | — | ||
| Q3 24 | -59.0% | — | ||
| Q2 24 | -44.1% | — | ||
| Q1 24 | -95.2% | — |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 3.6% | — |
| Q4 25 | — | 10.35× | ||
| Q3 25 | -0.75× | 8.63× | ||
| Q2 25 | — | -0.97× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 10.72× | ||
| Q3 24 | — | 2.86× | ||
| Q2 24 | — | 3.89× | ||
| Q1 24 | — | 3.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADPT
| Mrd Business Segment | $61.9M | 86% |
| Immune Medicine Business | $9.8M | 14% |
| Immune Medicine Service Revenue | $100.0K | 0% |
MFIN
Segment breakdown not available.