vs

Side-by-side financial comparison of Baird Medical Investment Holdings Ltd (BDMD) and M-tron Industries, Inc. (MPTI). Click either name above to swap in a different company.

M-tron Industries, Inc. is the larger business by last-quarter revenue ($14.2M vs $8.0M, roughly 1.8× Baird Medical Investment Holdings Ltd). M-tron Industries, Inc. runs the higher net margin — 24.1% vs -142.7%, a 166.8% gap on every dollar of revenue. M-tron Industries, Inc. produced more free cash flow last quarter ($2.3M vs $-3.2M).

Baird Medical Investment Holdings Ltd is a healthcare-focused investment holding company mainly operating in the Chinese market. It invests in and manages businesses covering in vitro diagnostic devices, medical consumables, and community healthcare services, serving clinical institutions and individual consumers.

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

BDMD vs MPTI — Head-to-Head

Bigger by revenue
MPTI
MPTI
1.8× larger
MPTI
$14.2M
$8.0M
BDMD
Higher net margin
MPTI
MPTI
166.8% more per $
MPTI
24.1%
-142.7%
BDMD
More free cash flow
MPTI
MPTI
$5.6M more FCF
MPTI
$2.3M
$-3.2M
BDMD

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BDMD
BDMD
MPTI
MPTI
Revenue
$8.0M
$14.2M
Net Profit
$-11.4M
$3.4M
Gross Margin
82.1%
Operating Margin
-131.3%
27.3%
Net Margin
-142.7%
24.1%
Revenue YoY
11.2%
Net Profit YoY
60.1%
EPS (diluted)
$0.90

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
BDMD
BDMD
MPTI
MPTI
Q4 25
$14.2M
Q3 25
$14.2M
Q2 25
$8.0M
$13.3M
Q1 25
$12.7M
Q4 24
$12.8M
Q3 24
$13.2M
Q2 24
$11.8M
Q1 24
$11.2M
Net Profit
BDMD
BDMD
MPTI
MPTI
Q4 25
$3.4M
Q3 25
$1.8M
Q2 25
$-11.4M
$1.6M
Q1 25
$1.6M
Q4 24
$2.1M
Q3 24
$2.3M
Q2 24
$1.7M
Q1 24
$1.5M
Gross Margin
BDMD
BDMD
MPTI
MPTI
Q4 25
Q3 25
Q2 25
82.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BDMD
BDMD
MPTI
MPTI
Q4 25
27.3%
Q3 25
18.0%
Q2 25
-131.3%
13.9%
Q1 25
15.8%
Q4 24
20.1%
Q3 24
22.1%
Q2 24
17.8%
Q1 24
16.0%
Net Margin
BDMD
BDMD
MPTI
MPTI
Q4 25
24.1%
Q3 25
12.9%
Q2 25
-142.7%
11.7%
Q1 25
12.8%
Q4 24
16.7%
Q3 24
17.2%
Q2 24
14.8%
Q1 24
13.3%
EPS (diluted)
BDMD
BDMD
MPTI
MPTI
Q4 25
$0.90
Q3 25
$0.63
Q2 25
$0.53
Q1 25
$0.56
Q4 24
$0.68
Q3 24
$0.81
Q2 24
$0.63
Q1 24
$0.53

Balance Sheet & Financial Strength

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

Metric
BDMD
BDMD
MPTI
MPTI
Cash + ST InvestmentsLiquidity on hand
$20.9M
Total DebtLower is stronger
$8.4M
Stockholders' EquityBook value
$35.6M
$63.2M
Total Assets
$77.0M
$68.4M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDMD
BDMD
MPTI
MPTI
Q4 25
$20.9M
Q3 25
$18.3M
Q2 25
$15.5M
Q1 25
$13.7M
Q4 24
$12.6M
Q3 24
$8.5M
Q2 24
$6.5M
Q1 24
$5.4M
Total Debt
BDMD
BDMD
MPTI
MPTI
Q4 25
Q3 25
Q2 25
$8.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BDMD
BDMD
MPTI
MPTI
Q4 25
$63.2M
Q3 25
$37.0M
Q2 25
$35.6M
$34.8M
Q1 25
$33.2M
Q4 24
$31.3M
Q3 24
$26.2M
Q2 24
$23.7M
Q1 24
$21.7M
Total Assets
BDMD
BDMD
MPTI
MPTI
Q4 25
$68.4M
Q3 25
$42.2M
Q2 25
$77.0M
$39.7M
Q1 25
$37.8M
Q4 24
$36.6M
Q3 24
$31.5M
Q2 24
$28.4M
Q1 24
$26.8M
Debt / Equity
BDMD
BDMD
MPTI
MPTI
Q4 25
Q3 25
Q2 25
0.24×
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
BDMD
BDMD
MPTI
MPTI
Operating Cash FlowLast quarter
$-3.2M
$2.7M
Free Cash FlowOCF − Capex
$-3.2M
$2.3M
FCF MarginFCF / Revenue
-40.7%
16.4%
Capex IntensityCapex / Revenue
0.6%
2.4%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDMD
BDMD
MPTI
MPTI
Q4 25
$2.7M
Q3 25
$3.5M
Q2 25
$-3.2M
$2.9M
Q1 25
$1.6M
Q4 24
$1.8M
Q3 24
$2.3M
Q2 24
$2.0M
Q1 24
$1.5M
Free Cash Flow
BDMD
BDMD
MPTI
MPTI
Q4 25
$2.3M
Q3 25
$2.7M
Q2 25
$-3.2M
$2.0M
Q1 25
$1.0M
Q4 24
$1.4M
Q3 24
$1.8M
Q2 24
$1.1M
Q1 24
$1.4M
FCF Margin
BDMD
BDMD
MPTI
MPTI
Q4 25
16.4%
Q3 25
19.1%
Q2 25
-40.7%
15.4%
Q1 25
8.0%
Q4 24
10.8%
Q3 24
13.4%
Q2 24
9.2%
Q1 24
12.3%
Capex Intensity
BDMD
BDMD
MPTI
MPTI
Q4 25
2.4%
Q3 25
5.7%
Q2 25
0.6%
6.1%
Q1 25
4.6%
Q4 24
3.3%
Q3 24
3.6%
Q2 24
7.4%
Q1 24
1.1%
Cash Conversion
BDMD
BDMD
MPTI
MPTI
Q4 25
0.78×
Q3 25
1.92×
Q2 25
1.83×
Q1 25
0.99×
Q4 24
0.85×
Q3 24
0.99×
Q2 24
1.12×
Q1 24
1.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDMD
BDMD

Segment breakdown not available.

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

Related Comparisons