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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and MIMEDX GROUP, INC. (MDXG). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $112.4M, roughly 1.1× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 12.9%, a 20.6% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs 9.0%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 6.4%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

MiMedx is an American biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin for skin grafts for medical use.

BY vs MDXG — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.1× larger
MDXG
$118.1M
$112.4M
BY
Growing faster (revenue YoY)
MDXG
MDXG
+18.1% gap
MDXG
27.1%
9.0%
BY
Higher net margin
BY
BY
20.6% more per $
BY
33.4%
12.9%
MDXG
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
MDXG
MDXG
Revenue
$112.4M
$118.1M
Net Profit
$37.6M
$15.2M
Gross Margin
83.9%
Operating Margin
17.8%
Net Margin
33.4%
12.9%
Revenue YoY
9.0%
27.1%
Net Profit YoY
33.0%
104.2%
EPS (diluted)
$0.83
$0.10

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
BY
BY
MDXG
MDXG
Q1 26
$112.4M
Q4 25
$117.0M
$118.1M
Q3 25
$115.7M
$113.7M
Q2 25
$110.5M
$98.6M
Q1 25
$103.1M
$88.2M
Q4 24
$104.7M
$92.9M
Q3 24
$101.8M
$84.1M
Q2 24
$99.4M
$87.2M
Net Profit
BY
BY
MDXG
MDXG
Q1 26
$37.6M
Q4 25
$34.5M
$15.2M
Q3 25
$37.2M
$16.7M
Q2 25
$30.1M
$9.6M
Q1 25
$28.2M
$7.0M
Q4 24
$30.3M
$7.4M
Q3 24
$30.3M
$8.1M
Q2 24
$29.7M
$17.6M
Gross Margin
BY
BY
MDXG
MDXG
Q1 26
Q4 25
83.9%
Q3 25
83.5%
Q2 25
81.1%
Q1 25
81.2%
Q4 24
81.8%
Q3 24
81.8%
Q2 24
83.0%
Operating Margin
BY
BY
MDXG
MDXG
Q1 26
Q4 25
40.1%
17.8%
Q3 25
43.1%
19.5%
Q2 25
35.2%
12.5%
Q1 25
36.4%
9.4%
Q4 24
38.6%
11.9%
Q3 24
39.3%
13.3%
Q2 24
40.4%
26.9%
Net Margin
BY
BY
MDXG
MDXG
Q1 26
33.4%
Q4 25
34.1%
12.9%
Q3 25
32.1%
14.7%
Q2 25
27.2%
9.8%
Q1 25
27.4%
8.0%
Q4 24
34.3%
8.0%
Q3 24
29.8%
9.6%
Q2 24
29.9%
20.2%
EPS (diluted)
BY
BY
MDXG
MDXG
Q1 26
$0.83
Q4 25
$0.77
$0.10
Q3 25
$0.82
$0.11
Q2 25
$0.66
$0.06
Q1 25
$0.64
$0.05
Q4 24
$0.68
$0.05
Q3 24
$0.69
$0.05
Q2 24
$0.68
$0.12

Balance Sheet & Financial Strength

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

Metric
BY
BY
MDXG
MDXG
Cash + ST InvestmentsLiquidity on hand
$198.4M
$166.1M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$1.3B
$256.5M
Total Assets
$9.9B
$342.7M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
MDXG
MDXG
Q1 26
$198.4M
Q4 25
$149.1M
$166.1M
Q3 25
$259.0M
$142.1M
Q2 25
$218.3M
$118.9M
Q1 25
$421.3M
$106.4M
Q4 24
$563.1M
$104.4M
Q3 24
$452.6M
$88.8M
Q2 24
$730.5M
$69.0M
Total Debt
BY
BY
MDXG
MDXG
Q1 26
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Stockholders' Equity
BY
BY
MDXG
MDXG
Q1 26
$1.3B
Q4 25
$1.3B
$256.5M
Q3 25
$1.2B
$238.9M
Q2 25
$1.2B
$216.6M
Q1 25
$1.1B
$202.8M
Q4 24
$1.1B
$193.1M
Q3 24
$1.1B
$181.0M
Q2 24
$1.0B
$168.0M
Total Assets
BY
BY
MDXG
MDXG
Q1 26
$9.9B
Q4 25
$9.7B
$342.7M
Q3 25
$9.8B
$319.0M
Q2 25
$9.7B
$291.1M
Q1 25
$9.6B
$270.4M
Q4 24
$9.5B
$263.9M
Q3 24
$9.4B
$243.9M
Q2 24
$9.6B
$230.2M
Debt / Equity
BY
BY
MDXG
MDXG
Q1 26
Q4 25
0.07×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BY
BY
MDXG
MDXG
Operating Cash FlowLast quarter
$25.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
MDXG
MDXG
Q1 26
Q4 25
$140.3M
$25.0M
Q3 25
$38.3M
$29.3M
Q2 25
$16.3M
$14.4M
Q1 25
$27.1M
$5.3M
Q4 24
$175.2M
$18.8M
Q3 24
$19.8M
$19.6M
Q2 24
$40.1M
$21.8M
Free Cash Flow
BY
BY
MDXG
MDXG
Q1 26
Q4 25
$136.3M
Q3 25
$38.0M
Q2 25
$15.2M
Q1 25
$25.0M
Q4 24
$171.2M
Q3 24
$19.1M
Q2 24
$39.4M
FCF Margin
BY
BY
MDXG
MDXG
Q1 26
Q4 25
116.5%
Q3 25
32.8%
Q2 25
13.7%
Q1 25
24.3%
Q4 24
163.5%
Q3 24
18.8%
Q2 24
39.7%
Capex Intensity
BY
BY
MDXG
MDXG
Q1 26
Q4 25
3.4%
Q3 25
0.3%
Q2 25
1.0%
Q1 25
2.0%
Q4 24
3.8%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
BY
BY
MDXG
MDXG
Q1 26
Q4 25
4.06×
1.64×
Q3 25
1.03×
1.75×
Q2 25
0.54×
1.50×
Q1 25
0.96×
0.75×
Q4 24
5.78×
2.53×
Q3 24
0.65×
2.42×
Q2 24
1.35×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

MDXG
MDXG

Wound$78.7M67%
Surgical$39.4M33%

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