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Side-by-side financial comparison of Azenta, Inc. (AZTA) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.

Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $148.6M, roughly 1.7× Azenta, Inc.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 0.8%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $14.7M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 4.4%).

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.

Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.

AZTA vs PLMR — Head-to-Head

Bigger by revenue
PLMR
PLMR
1.7× larger
PLMR
$253.4M
$148.6M
AZTA
Growing faster (revenue YoY)
PLMR
PLMR
+61.9% gap
PLMR
62.7%
0.8%
AZTA
More free cash flow
PLMR
PLMR
$394.3M more FCF
PLMR
$409.0M
$14.7M
AZTA
Faster 2-yr revenue CAGR
PLMR
PLMR
Annualised
PLMR
46.2%
4.4%
AZTA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AZTA
AZTA
PLMR
PLMR
Revenue
$148.6M
$253.4M
Net Profit
$-15.4M
Gross Margin
42.9%
Operating Margin
-4.9%
28.7%
Net Margin
-10.4%
Revenue YoY
0.8%
62.7%
Net Profit YoY
-15.7%
EPS (diluted)
$-0.34
$2.05

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
AZTA
AZTA
PLMR
PLMR
Q4 25
$148.6M
$253.4M
Q3 25
$159.2M
$244.7M
Q2 25
$143.9M
$203.3M
Q1 25
$143.3M
$174.6M
Q4 24
$147.4M
$155.8M
Q3 24
$150.6M
$148.5M
Q2 24
$144.3M
$131.1M
Q1 24
$136.4M
$118.5M
Net Profit
AZTA
AZTA
PLMR
PLMR
Q4 25
$-15.4M
Q3 25
$50.9M
$51.5M
Q2 25
$-48.0M
$46.5M
Q1 25
$-47.7M
$42.9M
Q4 24
$-11.0M
Q3 24
$-6.6M
$30.5M
Q2 24
$-6.6M
$25.7M
Q1 24
$-137.4M
$26.4M
Gross Margin
AZTA
AZTA
PLMR
PLMR
Q4 25
42.9%
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
PLMR
PLMR
Q4 25
-4.9%
28.7%
Q3 25
1.2%
27.4%
Q2 25
-1.3%
29.5%
Q1 25
-12.7%
30.8%
Q4 24
-5.9%
28.9%
Q3 24
-3.1%
25.9%
Q2 24
-4.9%
25.5%
Q1 24
-18.1%
29.0%
Net Margin
AZTA
AZTA
PLMR
PLMR
Q4 25
-10.4%
Q3 25
32.0%
21.0%
Q2 25
-33.4%
22.9%
Q1 25
-33.3%
24.6%
Q4 24
-7.5%
Q3 24
-4.4%
20.5%
Q2 24
-4.5%
19.6%
Q1 24
-100.8%
22.3%
EPS (diluted)
AZTA
AZTA
PLMR
PLMR
Q4 25
$-0.34
$2.05
Q3 25
$1.12
$1.87
Q2 25
$-1.05
$1.68
Q1 25
$-1.04
$1.57
Q4 24
$-0.25
$1.29
Q3 24
$-0.25
$1.15
Q2 24
$-0.12
$1.00
Q1 24
$-2.48
$1.04

Balance Sheet & Financial Strength

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

Metric
AZTA
AZTA
PLMR
PLMR
Cash + ST InvestmentsLiquidity on hand
$336.6M
$106.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$942.7M
Total Assets
$2.1B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZTA
AZTA
PLMR
PLMR
Q4 25
$336.6M
$106.9M
Q3 25
$279.8M
$111.7M
Q2 25
$270.0M
$81.3M
Q1 25
$253.6M
$119.3M
Q4 24
$377.5M
$80.4M
Q3 24
$280.0M
$86.5M
Q2 24
$336.5M
$47.8M
Q1 24
$353.5M
$61.4M
Stockholders' Equity
AZTA
AZTA
PLMR
PLMR
Q4 25
$1.7B
$942.7M
Q3 25
$1.7B
$878.1M
Q2 25
$1.7B
$847.2M
Q1 25
$1.7B
$790.4M
Q4 24
$1.7B
$729.0M
Q3 24
$1.8B
$703.3M
Q2 24
$2.0B
$532.6M
Q1 24
$2.2B
$501.7M
Total Assets
AZTA
AZTA
PLMR
PLMR
Q4 25
$2.1B
$3.1B
Q3 25
$2.1B
$2.9B
Q2 25
$2.0B
$2.8B
Q1 25
$2.0B
$2.4B
Q4 24
$2.0B
$2.3B
Q3 24
$2.1B
$2.3B
Q2 24
$2.3B
$2.0B
Q1 24
$2.6B
$1.9B

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
PLMR
PLMR
Operating Cash FlowLast quarter
$20.8M
$409.1M
Free Cash FlowOCF − Capex
$14.7M
$409.0M
FCF MarginFCF / Revenue
9.9%
161.4%
Capex IntensityCapex / Revenue
4.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$30.9M
$700.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZTA
AZTA
PLMR
PLMR
Q4 25
$20.8M
$409.1M
Q3 25
$2.2M
$83.6M
Q2 25
$25.8M
$120.9M
Q1 25
$14.4M
$87.2M
Q4 24
$29.8M
$261.2M
Q3 24
$17.7M
$100.3M
Q2 24
$9.8M
$55.1M
Q1 24
$8.7M
$33.1M
Free Cash Flow
AZTA
AZTA
PLMR
PLMR
Q4 25
$14.7M
$409.0M
Q3 25
$-5.7M
$83.6M
Q2 25
$15.0M
$120.8M
Q1 25
$7.0M
$87.1M
Q4 24
$22.0M
$260.9M
Q3 24
$8.3M
$100.1M
Q2 24
$1.3M
Q1 24
$428.0K
FCF Margin
AZTA
AZTA
PLMR
PLMR
Q4 25
9.9%
161.4%
Q3 25
-3.6%
34.2%
Q2 25
10.4%
59.4%
Q1 25
4.9%
49.9%
Q4 24
15.0%
167.5%
Q3 24
5.5%
67.4%
Q2 24
0.9%
Q1 24
0.3%
Capex Intensity
AZTA
AZTA
PLMR
PLMR
Q4 25
4.2%
0.1%
Q3 25
4.9%
0.0%
Q2 25
7.5%
0.0%
Q1 25
5.2%
0.0%
Q4 24
5.3%
0.2%
Q3 24
6.2%
0.1%
Q2 24
5.9%
0.0%
Q1 24
6.1%
0.0%
Cash Conversion
AZTA
AZTA
PLMR
PLMR
Q4 25
Q3 25
0.04×
1.63×
Q2 25
2.60×
Q1 25
2.03×
Q4 24
Q3 24
3.29×
Q2 24
2.14×
Q1 24
1.26×

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%

PLMR
PLMR

Segment breakdown not available.

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