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Side-by-side financial comparison of Azenta, Inc. (AZTA) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $148.6M, roughly 1.9× Azenta, Inc.). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -10.4%, a 25.7% gap on every dollar of revenue. On growth, Azenta, Inc. posted the faster year-over-year revenue change (0.8% vs -29.1%). Azenta, Inc. produced more free cash flow last quarter ($14.7M vs $-57.2M).

Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

AZTA vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
1.9× larger
MATW
$284.8M
$148.6M
AZTA
Growing faster (revenue YoY)
AZTA
AZTA
+29.9% gap
AZTA
0.8%
-29.1%
MATW
Higher net margin
MATW
MATW
25.7% more per $
MATW
15.3%
-10.4%
AZTA
More free cash flow
AZTA
AZTA
$71.9M more FCF
AZTA
$14.7M
$-57.2M
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AZTA
AZTA
MATW
MATW
Revenue
$148.6M
$284.8M
Net Profit
$-15.4M
$43.6M
Gross Margin
42.9%
35.0%
Operating Margin
-4.9%
34.2%
Net Margin
-10.4%
15.3%
Revenue YoY
0.8%
-29.1%
Net Profit YoY
-15.7%
1356.6%
EPS (diluted)
$-0.34
$1.39

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
AZTA
AZTA
MATW
MATW
Q4 25
$148.6M
$284.8M
Q3 25
$159.2M
Q2 25
$143.9M
Q1 25
$143.3M
Q4 24
$147.4M
Q3 24
$150.6M
Q2 24
$144.3M
Q1 24
$136.4M
Net Profit
AZTA
AZTA
MATW
MATW
Q4 25
$-15.4M
$43.6M
Q3 25
$50.9M
Q2 25
$-48.0M
Q1 25
$-47.7M
Q4 24
$-11.0M
Q3 24
$-6.6M
Q2 24
$-6.6M
Q1 24
$-137.4M
Gross Margin
AZTA
AZTA
MATW
MATW
Q4 25
42.9%
35.0%
Q3 25
45.4%
Q2 25
46.2%
Q1 25
43.8%
Q4 24
46.7%
Q3 24
45.5%
Q2 24
44.8%
Q1 24
43.8%
Operating Margin
AZTA
AZTA
MATW
MATW
Q4 25
-4.9%
34.2%
Q3 25
1.2%
Q2 25
-1.3%
Q1 25
-12.7%
Q4 24
-5.9%
Q3 24
-3.1%
Q2 24
-4.9%
Q1 24
-18.1%
Net Margin
AZTA
AZTA
MATW
MATW
Q4 25
-10.4%
15.3%
Q3 25
32.0%
Q2 25
-33.4%
Q1 25
-33.3%
Q4 24
-7.5%
Q3 24
-4.4%
Q2 24
-4.5%
Q1 24
-100.8%
EPS (diluted)
AZTA
AZTA
MATW
MATW
Q4 25
$-0.34
$1.39
Q3 25
$1.12
Q2 25
$-1.05
Q1 25
$-1.04
Q4 24
$-0.25
Q3 24
$-0.25
Q2 24
$-0.12
Q1 24
$-2.48

Balance Sheet & Financial Strength

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

Metric
AZTA
AZTA
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$336.6M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$1.7B
$543.2M
Total Assets
$2.1B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZTA
AZTA
MATW
MATW
Q4 25
$336.6M
$31.4M
Q3 25
$279.8M
Q2 25
$270.0M
Q1 25
$253.6M
Q4 24
$377.5M
Q3 24
$280.0M
Q2 24
$336.5M
Q1 24
$353.5M
Total Debt
AZTA
AZTA
MATW
MATW
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AZTA
AZTA
MATW
MATW
Q4 25
$1.7B
$543.2M
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.8B
Q2 24
$2.0B
Q1 24
$2.2B
Total Assets
AZTA
AZTA
MATW
MATW
Q4 25
$2.1B
$1.6B
Q3 25
$2.1B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.3B
Q1 24
$2.6B
Debt / Equity
AZTA
AZTA
MATW
MATW
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
AZTA
AZTA
MATW
MATW
Operating Cash FlowLast quarter
$20.8M
$-52.0M
Free Cash FlowOCF − Capex
$14.7M
$-57.2M
FCF MarginFCF / Revenue
9.9%
-20.1%
Capex IntensityCapex / Revenue
4.2%
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$30.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZTA
AZTA
MATW
MATW
Q4 25
$20.8M
$-52.0M
Q3 25
$2.2M
Q2 25
$25.8M
Q1 25
$14.4M
Q4 24
$29.8M
Q3 24
$17.7M
Q2 24
$9.8M
Q1 24
$8.7M
Free Cash Flow
AZTA
AZTA
MATW
MATW
Q4 25
$14.7M
$-57.2M
Q3 25
$-5.7M
Q2 25
$15.0M
Q1 25
$7.0M
Q4 24
$22.0M
Q3 24
$8.3M
Q2 24
$1.3M
Q1 24
$428.0K
FCF Margin
AZTA
AZTA
MATW
MATW
Q4 25
9.9%
-20.1%
Q3 25
-3.6%
Q2 25
10.4%
Q1 25
4.9%
Q4 24
15.0%
Q3 24
5.5%
Q2 24
0.9%
Q1 24
0.3%
Capex Intensity
AZTA
AZTA
MATW
MATW
Q4 25
4.2%
1.8%
Q3 25
4.9%
Q2 25
7.5%
Q1 25
5.2%
Q4 24
5.3%
Q3 24
6.2%
Q2 24
5.9%
Q1 24
6.1%
Cash Conversion
AZTA
AZTA
MATW
MATW
Q4 25
-1.19×
Q3 25
0.04×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AZTA
AZTA

Multiomics$67.2M45%
Core Products$47.6M32%
Sample Repository Solutions$33.8M23%

MATW
MATW

Segment breakdown not available.

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