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Side-by-side financial comparison of COLLEGIUM PHARMACEUTICAL, INC (COLL) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.
COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $134.3M, roughly 1.5× Mayville Engineering Company, Inc.). COLLEGIUM PHARMACEUTICAL, INC runs the higher net margin — 8.3% vs -3.2%, a 11.5% gap on every dollar of revenue. On growth, COLLEGIUM PHARMACEUTICAL, INC posted the faster year-over-year revenue change (12.9% vs 10.7%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $10.2M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs -8.8%).
Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
COLL vs MEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $205.4M | $134.3M |
| Net Profit | $17.0M | $-4.4M |
| Gross Margin | 62.5% | 6.8% |
| Operating Margin | 29.6% | -4.1% |
| Net Margin | 8.3% | -3.2% |
| Revenue YoY | 12.9% | 10.7% |
| Net Profit YoY | 35.3% | -127.3% |
| EPS (diluted) | $0.48 | $-0.22 |
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.
| Q4 25 | $205.4M | $134.3M | ||
| Q3 25 | $209.4M | $144.3M | ||
| Q2 25 | $188.0M | $132.3M | ||
| Q1 25 | $177.8M | $135.6M | ||
| Q4 24 | $181.9M | $121.3M | ||
| Q3 24 | $159.3M | $135.4M | ||
| Q2 24 | $145.3M | $163.6M | ||
| Q1 24 | $144.9M | $161.3M |
| Q4 25 | $17.0M | $-4.4M | ||
| Q3 25 | $31.5M | $-2.7M | ||
| Q2 25 | $12.0M | $-1.1M | ||
| Q1 25 | $2.4M | $20.0K | ||
| Q4 24 | $12.5M | $16.0M | ||
| Q3 24 | $9.3M | $3.0M | ||
| Q2 24 | $19.6M | $3.8M | ||
| Q1 24 | $27.7M | $3.2M |
| Q4 25 | 62.5% | 6.8% | ||
| Q3 25 | 61.7% | 11.0% | ||
| Q2 25 | 57.7% | 10.3% | ||
| Q1 25 | 54.8% | 11.3% | ||
| Q4 24 | 54.0% | 8.9% | ||
| Q3 24 | 60.8% | 12.6% | ||
| Q2 24 | 62.5% | 13.6% | ||
| Q1 24 | 63.1% | 13.0% |
| Q4 25 | 29.6% | -4.1% | ||
| Q3 25 | 29.7% | 0.0% | ||
| Q2 25 | 18.7% | 0.1% | ||
| Q1 25 | 12.2% | 1.2% | ||
| Q4 24 | 20.9% | 19.0% | ||
| Q3 24 | 21.9% | 4.2% | ||
| Q2 24 | 32.7% | 5.0% | ||
| Q1 24 | 34.1% | 4.7% |
| Q4 25 | 8.3% | -3.2% | ||
| Q3 25 | 15.0% | -1.9% | ||
| Q2 25 | 6.4% | -0.8% | ||
| Q1 25 | 1.4% | 0.0% | ||
| Q4 24 | 6.9% | 13.2% | ||
| Q3 24 | 5.9% | 2.2% | ||
| Q2 24 | 13.5% | 2.3% | ||
| Q1 24 | 19.1% | 2.0% |
| Q4 25 | $0.48 | $-0.22 | ||
| Q3 25 | $0.84 | $-0.13 | ||
| Q2 25 | $0.34 | $-0.05 | ||
| Q1 25 | $0.07 | $0.00 | ||
| Q4 24 | $0.36 | $0.76 | ||
| Q3 24 | $0.27 | $0.14 | ||
| Q2 24 | $0.52 | $0.18 | ||
| Q1 24 | $0.71 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $386.7M | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $301.7M | $240.7M |
| Total Assets | $1.7B | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $386.7M | $1.5M | ||
| Q3 25 | $285.9M | $1.2M | ||
| Q2 25 | $222.2M | $206.0K | ||
| Q1 25 | $197.8M | $183.0K | ||
| Q4 24 | $162.8M | $206.0K | ||
| Q3 24 | $120.0M | $178.0K | ||
| Q2 24 | $271.6M | $314.0K | ||
| Q1 24 | $318.0M | $314.0K |
| Q4 25 | $301.7M | $240.7M | ||
| Q3 25 | $274.8M | $244.8M | ||
| Q2 25 | $232.2M | $246.8M | ||
| Q1 25 | $234.4M | $250.0M | ||
| Q4 24 | $228.8M | $251.8M | ||
| Q3 24 | $234.3M | $238.4M | ||
| Q2 24 | $216.6M | $238.1M | ||
| Q1 24 | $222.2M | $234.0M |
| Q4 25 | $1.7B | $563.6M | ||
| Q3 25 | $1.6B | $585.6M | ||
| Q2 25 | $1.6B | $433.7M | ||
| Q1 25 | $1.6B | $447.7M | ||
| Q4 24 | $1.7B | $445.6M | ||
| Q3 24 | $1.6B | $466.0M | ||
| Q2 24 | $1.1B | $488.2M | ||
| Q1 24 | $1.1B | $499.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $123.0M | $13.4M |
| Free Cash FlowOCF − Capex | $122.4M | $10.2M |
| FCF MarginFCF / Revenue | 59.6% | 7.6% |
| Capex IntensityCapex / Revenue | 0.3% | 2.4% |
| Cash ConversionOCF / Net Profit | 7.25× | — |
| TTM Free Cash FlowTrailing 4 quarters | $327.6M | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.0M | $13.4M | ||
| Q3 25 | $78.4M | $1.9M | ||
| Q2 25 | $72.4M | $15.0M | ||
| Q1 25 | $55.4M | $8.3M | ||
| Q4 24 | $84.6M | $38.0M | ||
| Q3 24 | $-9.0M | $17.9M | ||
| Q2 24 | $67.4M | $23.3M | ||
| Q1 24 | $61.9M | $10.6M |
| Q4 25 | $122.4M | $10.2M | ||
| Q3 25 | $78.3M | $-1.1M | ||
| Q2 25 | $72.4M | $12.5M | ||
| Q1 25 | $54.6M | $5.4M | ||
| Q4 24 | $84.1M | $35.6M | ||
| Q3 24 | $-9.2M | $15.1M | ||
| Q2 24 | $67.1M | $19.2M | ||
| Q1 24 | $61.4M | $7.8M |
| Q4 25 | 59.6% | 7.6% | ||
| Q3 25 | 37.4% | -0.8% | ||
| Q2 25 | 38.5% | 9.5% | ||
| Q1 25 | 30.7% | 4.0% | ||
| Q4 24 | 46.2% | 29.4% | ||
| Q3 24 | -5.8% | 11.1% | ||
| Q2 24 | 46.2% | 11.7% | ||
| Q1 24 | 42.3% | 4.9% |
| Q4 25 | 0.3% | 2.4% | ||
| Q3 25 | 0.1% | 2.1% | ||
| Q2 25 | 0.0% | 1.8% | ||
| Q1 25 | 0.4% | 2.2% | ||
| Q4 24 | 0.3% | 1.9% | ||
| Q3 24 | 0.2% | 2.1% | ||
| Q2 24 | 0.2% | 2.5% | ||
| Q1 24 | 0.4% | 1.7% |
| Q4 25 | 7.25× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 6.05× | — | ||
| Q1 25 | 22.92× | 416.65× | ||
| Q4 24 | 6.75× | 2.38× | ||
| Q3 24 | -0.96× | 6.03× | ||
| Q2 24 | 3.44× | 6.15× | ||
| Q1 24 | 2.23× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
COLL
Segment breakdown not available.
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
