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Side-by-side financial comparison of Castellum, Inc. (CTM) and UTAH MEDICAL PRODUCTS INC (UTMD). Click either name above to swap in a different company.

Castellum, Inc. is the larger business by last-quarter revenue ($12.6M vs $9.0M, roughly 1.4× UTAH MEDICAL PRODUCTS INC). UTAH MEDICAL PRODUCTS INC runs the higher net margin — 28.4% vs -10.5%, a 38.9% gap on every dollar of revenue. On growth, Castellum, Inc. posted the faster year-over-year revenue change (21.9% vs -1.2%). Over the past eight quarters, Castellum, Inc.'s revenue compounded faster (5.3% CAGR vs -10.7%).

Castellum, Inc. is a U.S.-based cybersecurity and information technology services provider. It caters to government defense agencies, public sector entities, and commercial enterprise clients, offering threat detection, data protection, cloud security, and managed IT solutions to help organizations mitigate cyber risks and safeguard critical digital infrastructure.

Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites...

CTM vs UTMD — Head-to-Head

Bigger by revenue
CTM
CTM
1.4× larger
CTM
$12.6M
$9.0M
UTMD
Growing faster (revenue YoY)
CTM
CTM
+23.2% gap
CTM
21.9%
-1.2%
UTMD
Higher net margin
UTMD
UTMD
38.9% more per $
UTMD
28.4%
-10.5%
CTM
Faster 2-yr revenue CAGR
CTM
CTM
Annualised
CTM
5.3%
-10.7%
UTMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTM
CTM
UTMD
UTMD
Revenue
$12.6M
$9.0M
Net Profit
$-1.3M
$2.6M
Gross Margin
33.9%
58.2%
Operating Margin
-11.1%
27.0%
Net Margin
-10.5%
28.4%
Revenue YoY
21.9%
-1.2%
Net Profit YoY
51.8%
-11.6%
EPS (diluted)
$-0.02
$0.80

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
CTM
CTM
UTMD
UTMD
Q4 25
$12.6M
$9.0M
Q3 25
$14.6M
$9.8M
Q2 25
$14.0M
$10.0M
Q1 25
$11.7M
$9.7M
Q4 24
$10.3M
$9.2M
Q3 24
$11.6M
$10.0M
Q2 24
$11.5M
$10.4M
Q1 24
$11.3M
$11.3M
Net Profit
CTM
CTM
UTMD
UTMD
Q4 25
$-1.3M
$2.6M
Q3 25
$415.4K
$2.6M
Q2 25
$-322.1K
$3.0M
Q1 25
$-1.2M
$3.0M
Q4 24
$-2.7M
$2.9M
Q3 24
$-1.3M
$3.6M
Q2 24
$-1.8M
$3.5M
Q1 24
$-4.1M
$4.0M
Gross Margin
CTM
CTM
UTMD
UTMD
Q4 25
33.9%
58.2%
Q3 25
37.6%
57.1%
Q2 25
36.1%
56.2%
Q1 25
39.0%
57.0%
Q4 24
40.0%
58.1%
Q3 24
42.7%
58.0%
Q2 24
40.6%
60.1%
Q1 24
39.8%
59.7%
Operating Margin
CTM
CTM
UTMD
UTMD
Q4 25
-11.1%
27.0%
Q3 25
3.0%
26.6%
Q2 25
-2.7%
32.1%
Q1 25
-12.7%
32.5%
Q4 24
-15.7%
32.0%
Q3 24
-11.9%
33.4%
Q2 24
-13.6%
33.1%
Q1 24
-23.6%
34.2%
Net Margin
CTM
CTM
UTMD
UTMD
Q4 25
-10.5%
28.4%
Q3 25
2.8%
26.8%
Q2 25
-2.3%
30.6%
Q1 25
-10.0%
31.3%
Q4 24
-26.6%
31.7%
Q3 24
-11.0%
35.6%
Q2 24
-16.0%
33.2%
Q1 24
-36.3%
34.9%
EPS (diluted)
CTM
CTM
UTMD
UTMD
Q4 25
$-0.02
$0.80
Q3 25
$0.00
$0.82
Q2 25
$0.00
$0.94
Q1 25
$-0.01
$0.92
Q4 24
$-0.05
$0.86
Q3 24
$-0.02
$1.03
Q2 24
$-0.03
$0.98
Q1 24
$-0.08
$1.09

Balance Sheet & Financial Strength

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

Metric
CTM
CTM
UTMD
UTMD
Cash + ST InvestmentsLiquidity on hand
$85.8M
Total DebtLower is stronger
$225.0K
Stockholders' EquityBook value
$35.8M
$119.3M
Total Assets
$41.9M
$122.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTM
CTM
UTMD
UTMD
Q4 25
$85.8M
Q3 25
$84.3M
Q2 25
$82.2M
Q1 25
$83.3M
Q4 24
$83.0M
Q3 24
$88.5M
Q2 24
$89.2M
Q1 24
$93.8M
Total Debt
CTM
CTM
UTMD
UTMD
Q4 25
$225.0K
Q3 25
Q2 25
Q1 25
$269.0K
Q4 24
$8.0M
$282.0K
Q3 24
$8.3M
Q2 24
$8.7M
Q1 24
$9.0M
Stockholders' Equity
CTM
CTM
UTMD
UTMD
Q4 25
$35.8M
$119.3M
Q3 25
$36.7M
$118.3M
Q2 25
$31.8M
$117.5M
Q1 25
$26.1M
$117.0M
Q4 24
$20.2M
$117.4M
Q3 24
$12.0M
$124.2M
Q2 24
$12.1M
$124.1M
Q1 24
$12.8M
$127.7M
Total Assets
CTM
CTM
UTMD
UTMD
Q4 25
$41.9M
$122.5M
Q3 25
$46.3M
$122.0M
Q2 25
$43.4M
$120.8M
Q1 25
$41.1M
$122.5M
Q4 24
$37.8M
$122.5M
Q3 24
$28.8M
$129.7M
Q2 24
$29.5M
$130.0M
Q1 24
$30.5M
$135.4M
Debt / Equity
CTM
CTM
UTMD
UTMD
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
0.00×
Q4 24
0.40×
0.00×
Q3 24
0.69×
Q2 24
0.72×
Q1 24
0.70×

Cash Flow & Capital Efficiency

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

Metric
CTM
CTM
UTMD
UTMD
Operating Cash FlowLast quarter
$-661.7K
$3.5M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
37.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTM
CTM
UTMD
UTMD
Q4 25
$-661.7K
$3.5M
Q3 25
$1.0M
$3.9M
Q2 25
$214.2K
$2.9M
Q1 25
$-2.5M
$4.5M
Q4 24
$-394.4K
$2.9M
Q3 24
$742.2K
$3.9M
Q2 24
$748.6K
$2.8M
Q1 24
$23.7K
$5.3M
Free Cash Flow
CTM
CTM
UTMD
UTMD
Q4 25
$3.4M
Q3 25
$957.0K
$3.9M
Q2 25
$2.8M
Q1 25
$4.3M
Q4 24
$2.9M
Q3 24
$738.9K
$3.8M
Q2 24
$2.7M
Q1 24
$5.3M
FCF Margin
CTM
CTM
UTMD
UTMD
Q4 25
37.2%
Q3 25
6.5%
39.2%
Q2 25
28.4%
Q1 25
44.1%
Q4 24
32.0%
Q3 24
6.4%
37.7%
Q2 24
25.5%
Q1 24
46.3%
Capex Intensity
CTM
CTM
UTMD
UTMD
Q4 25
1.2%
Q3 25
0.3%
0.3%
Q2 25
0.5%
Q1 25
1.9%
Q4 24
0.0%
0.1%
Q3 24
0.0%
0.9%
Q2 24
0.0%
1.1%
Q1 24
0.0%
0.2%
Cash Conversion
CTM
CTM
UTMD
UTMD
Q4 25
1.36×
Q3 25
2.41×
1.47×
Q2 25
0.94×
Q1 25
1.47×
Q4 24
1.01×
Q3 24
1.08×
Q2 24
0.80×
Q1 24
1.33×

Financial Flow Comparison

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

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