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Side-by-side financial comparison of Claritev Corp (CTEV) 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 $246.6M, roughly 1.5× Claritev Corp). MASIMO CORP runs the higher net margin — -27.0% vs -32.7%, a 5.7% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $36.4M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -17.7%).
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.
CTEV vs MASI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $371.5M |
| Net Profit | $-80.6M | $-100.4M |
| Gross Margin | — | 62.1% |
| Operating Margin | -3.1% | 22.5% |
| Net Margin | -32.7% | -27.0% |
| Revenue YoY | 6.2% | -26.4% |
| Net Profit YoY | 41.6% | -1124.5% |
| EPS (diluted) | $-4.88 | $-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.
| Q4 25 | $246.6M | — | ||
| Q3 25 | $246.0M | $371.5M | ||
| Q2 25 | $241.6M | $370.9M | ||
| Q1 25 | $231.3M | $372.0M | ||
| Q4 24 | $232.1M | $600.7M | ||
| Q3 24 | $230.5M | $504.6M | ||
| Q2 24 | $233.5M | $496.3M | ||
| Q1 24 | $234.5M | $492.8M |
| Q4 25 | $-80.6M | — | ||
| Q3 25 | $-69.8M | $-100.4M | ||
| Q2 25 | $-62.6M | $51.3M | ||
| Q1 25 | $-71.3M | $-170.7M | ||
| Q4 24 | $-138.0M | $-349.6M | ||
| Q3 24 | $-391.4M | $9.8M | ||
| Q2 24 | $-576.7M | $16.0M | ||
| Q1 24 | $-539.7M | $18.9M |
| 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% |
| Q4 25 | -3.1% | — | ||
| Q3 25 | 4.1% | 22.5% | ||
| Q2 25 | 6.9% | 17.4% | ||
| Q1 25 | 4.2% | 21.0% | ||
| Q4 24 | -17.8% | -59.8% | ||
| Q3 24 | -146.7% | 6.0% | ||
| Q2 24 | -224.4% | 5.7% | ||
| Q1 24 | -207.4% | 6.9% |
| Q4 25 | -32.7% | — | ||
| Q3 25 | -28.4% | -27.0% | ||
| Q2 25 | -25.9% | 13.8% | ||
| Q1 25 | -30.8% | -45.9% | ||
| Q4 24 | -59.4% | -58.2% | ||
| Q3 24 | -169.8% | 1.9% | ||
| Q2 24 | -247.0% | 3.2% | ||
| Q1 24 | -230.1% | 3.8% |
| Q4 25 | $-4.88 | — | ||
| Q3 25 | $-4.23 | $-1.84 | ||
| Q2 25 | $-3.81 | $0.94 | ||
| Q1 25 | $-4.38 | $-3.12 | ||
| Q4 24 | $-8.49 | $-6.54 | ||
| Q3 24 | $-24.25 | $0.18 | ||
| Q2 24 | $-35.78 | $0.29 | ||
| Q1 24 | $-33.40 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $312.3M |
| Total DebtLower is stronger | $4.6B | $559.1M |
| Stockholders' EquityBook value | $-173.9M | $810.0M |
| Total Assets | $4.9B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | — | ||
| Q3 25 | $39.2M | $312.3M | ||
| Q2 25 | $56.4M | $149.6M | ||
| Q1 25 | $23.1M | $130.8M | ||
| Q4 24 | $16.8M | $177.6M | ||
| Q3 24 | $86.6M | $158.5M | ||
| Q2 24 | $48.8M | $129.6M | ||
| Q1 24 | $58.7M | $157.6M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | $559.1M | ||
| Q2 25 | $4.5B | $613.7M | ||
| Q1 25 | $4.5B | $651.0M | ||
| Q4 24 | $4.5B | $765.2M | ||
| Q3 24 | $4.5B | $772.6M | ||
| Q2 24 | $4.5B | $781.6M | ||
| Q1 24 | $4.5B | $876.0M |
| Q4 25 | $-173.9M | — | ||
| Q3 25 | $-101.8M | $810.0M | ||
| Q2 25 | $-39.9M | $1.0B | ||
| Q1 25 | $14.8M | $946.4M | ||
| Q4 24 | $84.0M | $1.1B | ||
| Q3 24 | $207.6M | $1.5B | ||
| Q2 24 | $603.4M | $1.4B | ||
| Q1 24 | $1.2B | $1.4B |
| Q4 25 | $4.9B | — | ||
| Q3 25 | $5.0B | $1.8B | ||
| Q2 25 | $5.1B | $2.4B | ||
| Q1 25 | $5.1B | $2.3B | ||
| Q4 24 | $5.2B | $2.6B | ||
| Q3 24 | $5.3B | $3.1B | ||
| Q2 24 | $5.7B | $2.9B | ||
| Q1 24 | $6.4B | $3.0B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | 304.87× | 0.69× | ||
| Q4 24 | 53.67× | 0.73× | ||
| Q3 24 | 21.73× | 0.53× | ||
| Q2 24 | 7.48× | 0.57× | ||
| Q1 24 | 3.85× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $56.8M |
| Free Cash FlowOCF − Capex | $36.4M | $50.9M |
| FCF MarginFCF / Revenue | 14.8% | 13.7% |
| Capex IntensityCapex / Revenue | 12.1% | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $191.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | — | ||
| Q3 25 | $19.9M | $56.8M | ||
| Q2 25 | $61.2M | $69.4M | ||
| Q1 25 | $-30.1M | $31.1M | ||
| Q4 24 | $-33.4M | $50.5M | ||
| Q3 24 | $72.8M | $25.6M | ||
| Q2 24 | $18.5M | $74.5M | ||
| Q1 24 | $49.7M | $45.8M |
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | $50.9M | ||
| Q2 25 | $36.6M | $65.6M | ||
| Q1 25 | $-68.9M | $28.5M | ||
| Q4 24 | $-63.8M | $46.0M | ||
| Q3 24 | $41.1M | $16.9M | ||
| Q2 24 | $-7.0M | $66.9M | ||
| Q1 24 | $19.2M | $37.6M |
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | 13.7% | ||
| Q2 25 | 15.2% | 17.7% | ||
| Q1 25 | -29.8% | 7.7% | ||
| Q4 24 | -27.5% | 7.7% | ||
| Q3 24 | 17.8% | 3.3% | ||
| Q2 24 | -3.0% | 13.5% | ||
| Q1 24 | 8.2% | 7.6% |
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | 1.6% | ||
| Q2 25 | 10.2% | 1.0% | ||
| Q1 25 | 16.8% | 0.7% | ||
| Q4 24 | 13.1% | 0.7% | ||
| Q3 24 | 13.8% | 1.7% | ||
| Q2 24 | 10.9% | 1.5% | ||
| Q1 24 | 13.0% | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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.
