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Side-by-side financial comparison of BIOLIFE SOLUTIONS INC (BLFS) and MASIMO CORP (MASI). Click either name above to swap in a different company.

MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $18.8M, roughly 19.8× BIOLIFE SOLUTIONS INC). BIOLIFE SOLUTIONS INC runs the higher net margin — 58.9% vs -27.0%, a 86.0% gap on every dollar of revenue. On growth, BIOLIFE SOLUTIONS INC posted the faster year-over-year revenue change (24.3% vs -26.4%). Over the past eight quarters, BIOLIFE SOLUTIONS INC's revenue compounded faster (1.0% CAGR vs -17.7%).

Biolife Solutions Inc. develops, manufactures and distributes specialized biopreservation products and cold chain management solutions for the cell and gene therapy, biopharmaceutical and regenerative medicine industries. It offers cryopreservation media, automated thawing systems, and temperature monitoring tools, serving biotech firms, research institutions and clinical labs globally.

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

BLFS vs MASI — Head-to-Head

Bigger by revenue
MASI
MASI
19.8× larger
MASI
$371.5M
$18.8M
BLFS
Growing faster (revenue YoY)
BLFS
BLFS
+50.7% gap
BLFS
24.3%
-26.4%
MASI
Higher net margin
BLFS
BLFS
86.0% more per $
BLFS
58.9%
-27.0%
MASI
Faster 2-yr revenue CAGR
BLFS
BLFS
Annualised
BLFS
1.0%
-17.7%
MASI

Income Statement — Q4 2025 vs Q3 2026

Metric
BLFS
BLFS
MASI
MASI
Revenue
$18.8M
$371.5M
Net Profit
$11.1M
$-100.4M
Gross Margin
62.1%
Operating Margin
7.2%
22.5%
Net Margin
58.9%
-27.0%
Revenue YoY
24.3%
-26.4%
Net Profit YoY
-11.1%
-1124.5%
EPS (diluted)
$0.23
$-1.84

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
BLFS
BLFS
MASI
MASI
Q4 25
$18.8M
Q3 25
$28.1M
$371.5M
Q2 25
$25.4M
$370.9M
Q1 25
$23.9M
$372.0M
Q4 24
$15.1M
$600.7M
Q3 24
$21.4M
$504.6M
Q2 24
$19.7M
$496.3M
Q1 24
$18.4M
$492.8M
Net Profit
BLFS
BLFS
MASI
MASI
Q4 25
$11.1M
Q3 25
$621.0K
$-100.4M
Q2 25
$-15.8M
$51.3M
Q1 25
$-448.0K
$-170.7M
Q4 24
$12.5M
$-349.6M
Q3 24
$-1.7M
$9.8M
Q2 24
$-20.7M
$16.0M
Q1 24
$-10.2M
$18.9M
Gross Margin
BLFS
BLFS
MASI
MASI
Q4 25
Q3 25
62.1%
Q2 25
62.9%
Q1 25
62.9%
Q4 24
40.7%
Q3 24
52.2%
Q2 24
51.3%
Q1 24
49.0%
Operating Margin
BLFS
BLFS
MASI
MASI
Q4 25
7.2%
Q3 25
-0.3%
22.5%
Q2 25
-65.5%
17.4%
Q1 25
-5.1%
21.0%
Q4 24
3.6%
-59.8%
Q3 24
-2.0%
6.0%
Q2 24
-6.6%
5.7%
Q1 24
-17.9%
6.9%
Net Margin
BLFS
BLFS
MASI
MASI
Q4 25
58.9%
Q3 25
2.2%
-27.0%
Q2 25
-62.3%
13.8%
Q1 25
-1.9%
-45.9%
Q4 24
82.5%
-58.2%
Q3 24
-8.0%
1.9%
Q2 24
-105.1%
3.2%
Q1 24
-55.4%
3.8%
EPS (diluted)
BLFS
BLFS
MASI
MASI
Q4 25
$0.23
Q3 25
$0.01
$-1.84
Q2 25
$-0.33
$0.94
Q1 25
$-0.01
$-3.12
Q4 24
$0.27
$-6.54
Q3 24
$-0.04
$0.18
Q2 24
$-0.45
$0.29
Q1 24
$-0.22
$0.35

Balance Sheet & Financial Strength

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

Metric
BLFS
BLFS
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$33.0M
$312.3M
Total DebtLower is stronger
$5.0M
$559.1M
Stockholders' EquityBook value
$371.9M
$810.0M
Total Assets
$405.9M
$1.8B
Debt / EquityLower = less leverage
0.01×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLFS
BLFS
MASI
MASI
Q4 25
$33.0M
Q3 25
$29.5M
$312.3M
Q2 25
$31.9M
$149.6M
Q1 25
$66.9M
$130.8M
Q4 24
$91.5M
$177.6M
Q3 24
$24.0M
$158.5M
Q2 24
$22.0M
$129.6M
Q1 24
$29.7M
$157.6M
Total Debt
BLFS
BLFS
MASI
MASI
Q4 25
$5.0M
Q3 25
$7.5M
$559.1M
Q2 25
$10.1M
$613.7M
Q1 25
$12.9M
$651.0M
Q4 24
$15.9M
$765.2M
Q3 24
$20.1M
$772.6M
Q2 24
$21.1M
$781.6M
Q1 24
$24.3M
$876.0M
Stockholders' Equity
BLFS
BLFS
MASI
MASI
Q4 25
$371.9M
Q3 25
$353.7M
$810.0M
Q2 25
$347.2M
$1.0B
Q1 25
$352.6M
$946.4M
Q4 24
$348.9M
$1.1B
Q3 24
$325.5M
$1.5B
Q2 24
$321.4M
$1.4B
Q1 24
$333.4M
$1.4B
Total Assets
BLFS
BLFS
MASI
MASI
Q4 25
$405.9M
Q3 25
$392.1M
$1.8B
Q2 25
$387.2M
$2.4B
Q1 25
$395.1M
$2.3B
Q4 24
$399.5M
$2.6B
Q3 24
$381.7M
$3.1B
Q2 24
$375.0M
$2.9B
Q1 24
$401.6M
$3.0B
Debt / Equity
BLFS
BLFS
MASI
MASI
Q4 25
0.01×
Q3 25
0.02×
0.69×
Q2 25
0.03×
0.59×
Q1 25
0.04×
0.69×
Q4 24
0.05×
0.73×
Q3 24
0.06×
0.53×
Q2 24
0.07×
0.57×
Q1 24
0.07×
0.64×

Cash Flow & Capital Efficiency

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

Metric
BLFS
BLFS
MASI
MASI
Operating Cash FlowLast quarter
$4.9M
$56.8M
Free Cash FlowOCF − Capex
$50.9M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLFS
BLFS
MASI
MASI
Q4 25
$4.9M
Q3 25
$6.1M
$56.8M
Q2 25
$7.4M
$69.4M
Q1 25
$1.7M
$31.1M
Q4 24
$1.6M
$50.5M
Q3 24
$4.8M
$25.6M
Q2 24
$6.5M
$74.5M
Q1 24
$-4.5M
$45.8M
Free Cash Flow
BLFS
BLFS
MASI
MASI
Q4 25
Q3 25
$50.9M
Q2 25
$65.6M
Q1 25
$28.5M
Q4 24
$46.0M
Q3 24
$16.9M
Q2 24
$66.9M
Q1 24
$37.6M
FCF Margin
BLFS
BLFS
MASI
MASI
Q4 25
Q3 25
13.7%
Q2 25
17.7%
Q1 25
7.7%
Q4 24
7.7%
Q3 24
3.3%
Q2 24
13.5%
Q1 24
7.6%
Capex Intensity
BLFS
BLFS
MASI
MASI
Q4 25
Q3 25
1.6%
Q2 25
1.0%
Q1 25
0.7%
Q4 24
0.7%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.7%
Cash Conversion
BLFS
BLFS
MASI
MASI
Q4 25
0.44×
Q3 25
9.83×
Q2 25
1.35×
Q1 25
Q4 24
0.13×
Q3 24
2.61×
Q2 24
4.66×
Q1 24
2.42×

Financial Flow Comparison

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

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