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Side-by-side financial comparison of Autonomix Medical, Inc. (AMIX) and MERIT MEDICAL SYSTEMS INC (MMSI). Click either name above to swap in a different company.

MERIT MEDICAL SYSTEMS INC produced more free cash flow last quarter ($74.0M vs $-3.0M).

Autonomix Medical, Inc. is a medical technology firm that develops innovative minimally invasive diagnostic and therapeutic devices focused on cardiac electrophysiology applications. Its core offerings target improved detection and treatment of cardiac arrhythmias, serving healthcare providers and patients across North American and European healthcare markets, with a key focus on advancing care for rhythm-related heart conditions.

Merit Medical Systems Inc. is a global medical device firm that designs, manufactures, and markets a broad portfolio of interventional and diagnostic products used across cardiology, radiology, oncology, endoscopy, and critical care segments. It primarily serves hospitals, clinics, and healthcare providers worldwide, focusing on minimally invasive solutions that enhance patient outcomes and streamline clinical workflows.

AMIX vs MMSI — Head-to-Head

Bigger by revenue
MMSI
MMSI
Infinity× larger
MMSI
$393.9M
$0
AMIX
More free cash flow
MMSI
MMSI
$77.0M more FCF
MMSI
$74.0M
$-3.0M
AMIX

Income Statement — Q3 2026 vs Q4 2025

Metric
AMIX
AMIX
MMSI
MMSI
Revenue
$0
$393.9M
Net Profit
$-3.3M
$38.0M
Gross Margin
49.6%
Operating Margin
13.8%
Net Margin
9.6%
Revenue YoY
10.9%
Net Profit YoY
-20.2%
36.0%
EPS (diluted)
$0.64

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
AMIX
AMIX
MMSI
MMSI
Q4 25
$0
$393.9M
Q3 25
$0
$384.2M
Q2 25
$0
$382.5M
Q1 25
$0
$355.4M
Q4 24
$0
$355.2M
Q3 24
$0
$339.8M
Q2 24
$0
$338.0M
Q1 24
$323.5M
Net Profit
AMIX
AMIX
MMSI
MMSI
Q4 25
$-3.3M
$38.0M
Q3 25
$-7.5M
$27.8M
Q2 25
$-3.3M
$32.6M
Q1 25
$-3.2M
$30.1M
Q4 24
$-2.7M
$27.9M
Q3 24
$-2.8M
$28.4M
Q2 24
$-2.7M
$35.7M
Q1 24
$28.2M
Gross Margin
AMIX
AMIX
MMSI
MMSI
Q4 25
49.6%
Q3 25
48.5%
Q2 25
48.2%
Q1 25
48.4%
Q4 24
48.7%
Q3 24
46.4%
Q2 24
47.7%
Q1 24
46.9%
Operating Margin
AMIX
AMIX
MMSI
MMSI
Q4 25
13.8%
Q3 25
11.1%
Q2 25
12.3%
Q1 25
11.5%
Q4 24
10.3%
Q3 24
11.0%
Q2 24
13.6%
Q1 24
11.1%
Net Margin
AMIX
AMIX
MMSI
MMSI
Q4 25
9.6%
Q3 25
7.2%
Q2 25
8.5%
Q1 25
8.5%
Q4 24
7.9%
Q3 24
8.4%
Q2 24
10.6%
Q1 24
8.7%
EPS (diluted)
AMIX
AMIX
MMSI
MMSI
Q4 25
$0.64
Q3 25
$0.46
Q2 25
$0.54
Q1 25
$0.49
Q4 24
$0.46
Q3 24
$0.48
Q2 24
$0.61
Q1 24
$0.48

Balance Sheet & Financial Strength

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

Metric
AMIX
AMIX
MMSI
MMSI
Cash + ST InvestmentsLiquidity on hand
$9.9M
$446.4M
Total DebtLower is stronger
$734.0M
Stockholders' EquityBook value
$8.6M
$1.6B
Total Assets
$10.2M
$2.7B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMIX
AMIX
MMSI
MMSI
Q4 25
$9.9M
$446.4M
Q3 25
$7.5M
$392.5M
Q2 25
$8.6M
$341.8M
Q1 25
$9.1M
$395.5M
Q4 24
$11.8M
$376.7M
Q3 24
$5.2M
$523.1M
Q2 24
$6.8M
$636.7M
Q1 24
$581.9M
Total Debt
AMIX
AMIX
MMSI
MMSI
Q4 25
$734.0M
Q3 25
$732.9M
Q2 25
$731.8M
Q1 25
$730.7M
Q4 24
$729.6M
Q3 24
$750.5M
Q2 24
$801.3M
Q1 24
$800.1M
Stockholders' Equity
AMIX
AMIX
MMSI
MMSI
Q4 25
$8.6M
$1.6B
Q3 25
$6.4M
$1.5B
Q2 25
$7.0M
$1.5B
Q1 25
$8.1M
$1.4B
Q4 24
$9.7M
$1.4B
Q3 24
$3.0M
$1.3B
Q2 24
$5.3M
$1.3B
Q1 24
$1.2B
Total Assets
AMIX
AMIX
MMSI
MMSI
Q4 25
$10.2M
$2.7B
Q3 25
$7.9M
$2.6B
Q2 25
$9.0M
$2.6B
Q1 25
$9.8M
$2.5B
Q4 24
$12.0M
$2.4B
Q3 24
$5.4M
$2.4B
Q2 24
$7.1M
$2.4B
Q1 24
$2.3B
Debt / Equity
AMIX
AMIX
MMSI
MMSI
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.51×
Q4 24
0.53×
Q3 24
0.57×
Q2 24
0.62×
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
AMIX
AMIX
MMSI
MMSI
Operating Cash FlowLast quarter
$-3.0M
$98.5M
Free Cash FlowOCF − Capex
$-3.0M
$74.0M
FCF MarginFCF / Revenue
18.8%
Capex IntensityCapex / Revenue
6.2%
Cash ConversionOCF / Net Profit
2.59×
TTM Free Cash FlowTrailing 4 quarters
$215.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMIX
AMIX
MMSI
MMSI
Q4 25
$-3.0M
$98.5M
Q3 25
$-3.8M
$75.0M
Q2 25
$-2.6M
$83.3M
Q1 25
$-2.6M
$40.6M
Q4 24
$-2.3M
$68.7M
Q3 24
$-1.6M
$47.3M
Q2 24
$-1.9M
$68.5M
Q1 24
$36.2M
Free Cash Flow
AMIX
AMIX
MMSI
MMSI
Q4 25
$-3.0M
$74.0M
Q3 25
$52.5M
Q2 25
$69.6M
Q1 25
$19.5M
Q4 24
$-2.3M
$65.3M
Q3 24
$38.0M
Q2 24
$-1.9M
$57.9M
Q1 24
$24.5M
FCF Margin
AMIX
AMIX
MMSI
MMSI
Q4 25
18.8%
Q3 25
13.7%
Q2 25
18.2%
Q1 25
5.5%
Q4 24
18.4%
Q3 24
11.2%
Q2 24
17.1%
Q1 24
7.6%
Capex Intensity
AMIX
AMIX
MMSI
MMSI
Q4 25
6.2%
Q3 25
5.8%
Q2 25
3.6%
Q1 25
5.9%
Q4 24
1.0%
Q3 24
2.8%
Q2 24
3.1%
Q1 24
3.6%
Cash Conversion
AMIX
AMIX
MMSI
MMSI
Q4 25
2.59×
Q3 25
2.70×
Q2 25
2.56×
Q1 25
1.35×
Q4 24
2.46×
Q3 24
1.66×
Q2 24
1.92×
Q1 24
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMIX
AMIX

Segment breakdown not available.

MMSI
MMSI

Other$154.6M39%
Peripheral Intervention$93.2M24%
Cardiac Intervention$50.2M13%
OEM$42.6M11%
Custom Procedural Solutions$33.1M8%
Endoscopy Segment$20.1M5%

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