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Side-by-side financial comparison of Boot Barn Holdings, Inc. (BOOT) and EXACT SCIENCES CORP (EXAS). Click either name above to swap in a different company.

EXACT SCIENCES CORP is the larger business by last-quarter revenue ($878.4M vs $705.6M, roughly 1.2× Boot Barn Holdings, Inc.). Boot Barn Holdings, Inc. runs the higher net margin — 12.2% vs -9.8%, a 21.9% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs 16.0%). Boot Barn Holdings, Inc. produced more free cash flow last quarter ($148.0M vs $120.4M). Over the past eight quarters, Boot Barn Holdings, Inc.'s revenue compounded faster (34.8% CAGR vs 17.4%).

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.

BOOT vs EXAS — Head-to-Head

Bigger by revenue
EXAS
EXAS
1.2× larger
EXAS
$878.4M
$705.6M
BOOT
Growing faster (revenue YoY)
EXAS
EXAS
+7.1% gap
EXAS
23.1%
16.0%
BOOT
Higher net margin
BOOT
BOOT
21.9% more per $
BOOT
12.2%
-9.8%
EXAS
More free cash flow
BOOT
BOOT
$27.5M more FCF
BOOT
$148.0M
$120.4M
EXAS
Faster 2-yr revenue CAGR
BOOT
BOOT
Annualised
BOOT
34.8%
17.4%
EXAS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BOOT
BOOT
EXAS
EXAS
Revenue
$705.6M
$878.4M
Net Profit
$85.8M
$-86.0M
Gross Margin
39.9%
70.1%
Operating Margin
16.3%
-9.4%
Net Margin
12.2%
-9.8%
Revenue YoY
16.0%
23.1%
Net Profit YoY
14.3%
90.1%
EPS (diluted)
$2.79
$-0.45

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
BOOT
BOOT
EXAS
EXAS
Q4 25
$705.6M
$878.4M
Q3 25
$505.4M
$850.7M
Q2 25
$504.1M
$811.1M
Q1 25
$453.7M
$706.8M
Q4 24
$608.2M
$713.4M
Q3 24
$425.8M
$708.7M
Q2 24
$423.4M
$699.3M
Q1 24
$388.5M
$637.5M
Net Profit
BOOT
BOOT
EXAS
EXAS
Q4 25
$85.8M
$-86.0M
Q3 25
$42.2M
$-19.6M
Q2 25
$53.4M
$-1.2M
Q1 25
$37.5M
$-101.2M
Q4 24
$75.1M
$-864.6M
Q3 24
$29.4M
$-38.2M
Q2 24
$38.9M
$-15.8M
Q1 24
$29.4M
$-110.2M
Gross Margin
BOOT
BOOT
EXAS
EXAS
Q4 25
39.9%
70.1%
Q3 25
36.4%
68.6%
Q2 25
39.1%
69.3%
Q1 25
37.1%
70.8%
Q4 24
39.3%
69.0%
Q3 24
35.9%
69.4%
Q2 24
37.0%
69.8%
Q1 24
35.9%
70.0%
Operating Margin
BOOT
BOOT
EXAS
EXAS
Q4 25
16.3%
-9.4%
Q3 25
11.2%
-3.0%
Q2 25
14.0%
-0.3%
Q1 25
11.0%
-13.6%
Q4 24
16.4%
-122.8%
Q3 24
9.4%
-5.6%
Q2 24
11.9%
-3.8%
Q1 24
9.8%
-16.7%
Net Margin
BOOT
BOOT
EXAS
EXAS
Q4 25
12.2%
-9.8%
Q3 25
8.4%
-2.3%
Q2 25
10.6%
-0.1%
Q1 25
8.3%
-14.3%
Q4 24
12.3%
-121.2%
Q3 24
6.9%
-5.4%
Q2 24
9.2%
-2.3%
Q1 24
7.6%
-17.3%
EPS (diluted)
BOOT
BOOT
EXAS
EXAS
Q4 25
$2.79
$-0.45
Q3 25
$1.37
$-0.10
Q2 25
$1.74
$-0.01
Q1 25
$1.24
$-0.54
Q4 24
$2.43
$-4.69
Q3 24
$0.95
$-0.21
Q2 24
$1.26
$-0.09
Q1 24
$0.96
$-0.60

Balance Sheet & Financial Strength

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

Metric
BOOT
BOOT
EXAS
EXAS
Cash + ST InvestmentsLiquidity on hand
$200.1M
$964.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$2.4B
Total Assets
$2.4B
$5.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOT
BOOT
EXAS
EXAS
Q4 25
$200.1M
$964.7M
Q3 25
$64.7M
$1.0B
Q2 25
$95.3M
$858.4M
Q1 25
$69.8M
$786.2M
Q4 24
$152.9M
$1.0B
Q3 24
$37.4M
$1.0B
Q2 24
$83.4M
$946.8M
Q1 24
$75.8M
$652.1M
Stockholders' Equity
BOOT
BOOT
EXAS
EXAS
Q4 25
$1.3B
$2.4B
Q3 25
$1.2B
$2.5B
Q2 25
$1.2B
$2.5B
Q1 25
$1.1B
$2.4B
Q4 24
$1.1B
$2.4B
Q3 24
$1.0B
$3.2B
Q2 24
$981.8M
$3.2B
Q1 24
$943.6M
$3.1B
Total Assets
BOOT
BOOT
EXAS
EXAS
Q4 25
$2.4B
$5.9B
Q3 25
$2.3B
$5.9B
Q2 25
$2.1B
$5.8B
Q1 25
$2.0B
$5.7B
Q4 24
$2.0B
$5.9B
Q3 24
$1.9B
$6.7B
Q2 24
$1.8B
$6.7B
Q1 24
$1.7B
$6.4B

Cash Flow & Capital Efficiency

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

Metric
BOOT
BOOT
EXAS
EXAS
Operating Cash FlowLast quarter
$209.7M
$151.7M
Free Cash FlowOCF − Capex
$148.0M
$120.4M
FCF MarginFCF / Revenue
21.0%
13.7%
Capex IntensityCapex / Revenue
8.7%
3.6%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M
$356.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOT
BOOT
EXAS
EXAS
Q4 25
$209.7M
$151.7M
Q3 25
$25.7M
$219.9M
Q2 25
$73.8M
$89.0M
Q1 25
$-43.1M
$30.8M
Q4 24
$157.1M
$47.1M
Q3 24
$-7.8M
$138.7M
Q2 24
$41.3M
$107.1M
Q1 24
$-82.3M
Free Cash Flow
BOOT
BOOT
EXAS
EXAS
Q4 25
$148.0M
$120.4M
Q3 25
$-17.5M
$190.0M
Q2 25
$42.4M
$46.7M
Q1 25
$-83.1M
$-365.0K
Q4 24
$114.2M
$10.7M
Q3 24
$-46.1M
$112.6M
Q2 24
$14.2M
$71.2M
Q1 24
$-120.0M
FCF Margin
BOOT
BOOT
EXAS
EXAS
Q4 25
21.0%
13.7%
Q3 25
-3.5%
22.3%
Q2 25
8.4%
5.8%
Q1 25
-18.3%
-0.1%
Q4 24
18.8%
1.5%
Q3 24
-10.8%
15.9%
Q2 24
3.4%
10.2%
Q1 24
-18.8%
Capex Intensity
BOOT
BOOT
EXAS
EXAS
Q4 25
8.7%
3.6%
Q3 25
8.6%
3.5%
Q2 25
6.2%
5.2%
Q1 25
8.8%
4.4%
Q4 24
7.1%
5.1%
Q3 24
9.0%
3.7%
Q2 24
6.4%
5.1%
Q1 24
5.9%
Cash Conversion
BOOT
BOOT
EXAS
EXAS
Q4 25
2.44×
Q3 25
0.61×
Q2 25
1.38×
Q1 25
-1.15×
Q4 24
2.09×
Q3 24
-0.26×
Q2 24
1.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOOT
BOOT

Segment breakdown not available.

EXAS
EXAS

Screening$695.1M79%
Precision Oncology$183.2M21%

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