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Side-by-side financial comparison of Customers Bancorp, Inc. (CUBI) 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 $236.9M, roughly 1.6× Customers Bancorp, Inc.). On growth, Customers Bancorp, Inc. posted the faster year-over-year revenue change (21.8% vs -26.4%). Customers Bancorp, Inc. produced more free cash flow last quarter ($481.0M vs $50.9M). Over the past eight quarters, Customers Bancorp, Inc.'s revenue compounded faster (14.2% CAGR vs -17.7%).

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

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.

CUBI vs MASI — Head-to-Head

Bigger by revenue
MASI
MASI
1.6× larger
MASI
$371.5M
$236.9M
CUBI
Growing faster (revenue YoY)
CUBI
CUBI
+48.2% gap
CUBI
21.8%
-26.4%
MASI
More free cash flow
CUBI
CUBI
$430.1M more FCF
CUBI
$481.0M
$50.9M
MASI
Faster 2-yr revenue CAGR
CUBI
CUBI
Annualised
CUBI
14.2%
-17.7%
MASI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CUBI
CUBI
MASI
MASI
Revenue
$236.9M
$371.5M
Net Profit
$-100.4M
Gross Margin
62.1%
Operating Margin
41.1%
22.5%
Net Margin
-27.0%
Revenue YoY
21.8%
-26.4%
Net Profit YoY
-1124.5%
EPS (diluted)
$2.04
$-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.

Revenue
CUBI
CUBI
MASI
MASI
Q4 25
$236.9M
Q3 25
$232.1M
$371.5M
Q2 25
$206.3M
$370.9M
Q1 25
$143.0M
$372.0M
Q4 24
$167.8M
$600.7M
Q3 24
$167.1M
$504.6M
Q2 24
$198.7M
$496.3M
Q1 24
$181.6M
$492.8M
Net Profit
CUBI
CUBI
MASI
MASI
Q4 25
Q3 25
$75.7M
$-100.4M
Q2 25
$60.9M
$51.3M
Q1 25
$12.9M
$-170.7M
Q4 24
$-349.6M
Q3 24
$46.7M
$9.8M
Q2 24
$58.1M
$16.0M
Q1 24
$49.7M
$18.9M
Gross Margin
CUBI
CUBI
MASI
MASI
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%
Operating Margin
CUBI
CUBI
MASI
MASI
Q4 25
41.1%
Q3 25
43.2%
22.5%
Q2 25
38.2%
17.4%
Q1 25
8.3%
21.0%
Q4 24
21.4%
-59.8%
Q3 24
27.5%
6.0%
Q2 24
38.8%
5.7%
Q1 24
36.0%
6.9%
Net Margin
CUBI
CUBI
MASI
MASI
Q4 25
Q3 25
32.6%
-27.0%
Q2 25
29.5%
13.8%
Q1 25
9.0%
-45.9%
Q4 24
-58.2%
Q3 24
28.0%
1.9%
Q2 24
29.2%
3.2%
Q1 24
27.4%
3.8%
EPS (diluted)
CUBI
CUBI
MASI
MASI
Q4 25
$2.04
Q3 25
$2.20
$-1.84
Q2 25
$1.73
$0.94
Q1 25
$0.29
$-3.12
Q4 24
$0.72
$-6.54
Q3 24
$1.31
$0.18
Q2 24
$1.66
$0.29
Q1 24
$1.40
$0.35

Balance Sheet & Financial Strength

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

Metric
CUBI
CUBI
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$4.4B
$312.3M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$2.1B
$810.0M
Total Assets
$24.9B
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUBI
CUBI
MASI
MASI
Q4 25
$4.4B
Q3 25
$4.2B
$312.3M
Q2 25
$3.5B
$149.6M
Q1 25
$3.4B
$130.8M
Q4 24
$3.8B
$177.6M
Q3 24
$3.1B
$158.5M
Q2 24
$3.0B
$129.6M
Q1 24
$3.7B
$157.6M
Total Debt
CUBI
CUBI
MASI
MASI
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
CUBI
CUBI
MASI
MASI
Q4 25
$2.1B
Q3 25
$2.1B
$810.0M
Q2 25
$1.9B
$1.0B
Q1 25
$1.9B
$946.4M
Q4 24
$1.8B
$1.1B
Q3 24
$1.8B
$1.5B
Q2 24
$1.7B
$1.4B
Q1 24
$1.7B
$1.4B
Total Assets
CUBI
CUBI
MASI
MASI
Q4 25
$24.9B
Q3 25
$24.3B
$1.8B
Q2 25
$22.6B
$2.4B
Q1 25
$22.4B
$2.3B
Q4 24
$22.3B
$2.6B
Q3 24
$21.5B
$3.1B
Q2 24
$20.9B
$2.9B
Q1 24
$21.3B
$3.0B
Debt / Equity
CUBI
CUBI
MASI
MASI
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
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
CUBI
CUBI
MASI
MASI
Operating Cash FlowLast quarter
$494.8M
$56.8M
Free Cash FlowOCF − Capex
$481.0M
$50.9M
FCF MarginFCF / Revenue
203.0%
13.7%
Capex IntensityCapex / Revenue
5.8%
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$843.0M
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUBI
CUBI
MASI
MASI
Q4 25
$494.8M
Q3 25
$116.9M
$56.8M
Q2 25
$162.2M
$69.4M
Q1 25
$94.1M
$31.1M
Q4 24
$145.1M
$50.5M
Q3 24
$24.4M
$25.6M
Q2 24
$6.1M
$74.5M
Q1 24
$-18.8M
$45.8M
Free Cash Flow
CUBI
CUBI
MASI
MASI
Q4 25
$481.0M
Q3 25
$106.4M
$50.9M
Q2 25
$162.1M
$65.6M
Q1 25
$93.4M
$28.5M
Q4 24
$143.6M
$46.0M
Q3 24
$24.1M
$16.9M
Q2 24
$5.8M
$66.9M
Q1 24
$-19.2M
$37.6M
FCF Margin
CUBI
CUBI
MASI
MASI
Q4 25
203.0%
Q3 25
45.9%
13.7%
Q2 25
78.6%
17.7%
Q1 25
65.4%
7.7%
Q4 24
85.5%
7.7%
Q3 24
14.4%
3.3%
Q2 24
2.9%
13.5%
Q1 24
-10.6%
7.6%
Capex Intensity
CUBI
CUBI
MASI
MASI
Q4 25
5.8%
Q3 25
4.5%
1.6%
Q2 25
0.0%
1.0%
Q1 25
0.5%
0.7%
Q4 24
0.9%
0.7%
Q3 24
0.2%
1.7%
Q2 24
0.2%
1.5%
Q1 24
0.2%
1.7%
Cash Conversion
CUBI
CUBI
MASI
MASI
Q4 25
Q3 25
1.54×
Q2 25
2.66×
1.35×
Q1 25
7.29×
Q4 24
Q3 24
0.52×
2.61×
Q2 24
0.10×
4.66×
Q1 24
-0.38×
2.42×

Financial Flow Comparison

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

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