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Side-by-side financial comparison of DORCHESTER MINERALS, L.P. (DMLP) and Omada Health, Inc. (OMDA). Click either name above to swap in a different company.

Omada Health, Inc. is the larger business by last-quarter revenue ($68.0M vs $41.9M, roughly 1.6× DORCHESTER MINERALS, L.P.). DORCHESTER MINERALS, L.P. runs the higher net margin — 38.7% vs -4.7%, a 43.4% gap on every dollar of revenue.

Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.

Omada Health, Inc. is a leading US-based digital chronic care management company. It offers evidence-based, personalized care programs for conditions including type 2 diabetes, hypertension, musculoskeletal disorders and mental health concerns, serving employers, health plans and health system clients across the United States, paired with professional coaching and digital tracking tools to support sustained member health improvements.

DMLP vs OMDA — Head-to-Head

Bigger by revenue
OMDA
OMDA
1.6× larger
OMDA
$68.0M
$41.9M
DMLP
Higher net margin
DMLP
DMLP
43.4% more per $
DMLP
38.7%
-4.7%
OMDA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DMLP
DMLP
OMDA
OMDA
Revenue
$41.9M
$68.0M
Net Profit
$16.2M
$-3.2M
Gross Margin
66.3%
Operating Margin
-3.7%
Net Margin
38.7%
-4.7%
Revenue YoY
5.4%
Net Profit YoY
13.7%
EPS (diluted)
$-0.06

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
DMLP
DMLP
OMDA
OMDA
Q4 25
$41.9M
Q3 25
$35.4M
$68.0M
Q2 25
$32.4M
$61.4M
Q1 25
$43.2M
Q4 24
$39.7M
Q3 24
$53.5M
Q2 24
$37.4M
Q1 24
$31.0M
Net Profit
DMLP
DMLP
OMDA
OMDA
Q4 25
$16.2M
Q3 25
$11.2M
$-3.2M
Q2 25
$12.3M
$-5.3M
Q1 25
$17.6M
Q4 24
$14.2M
Q3 24
$36.4M
Q2 24
$23.6M
Q1 24
$18.2M
Gross Margin
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
66.3%
Q2 25
65.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
-3.7%
Q2 25
-7.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Net Margin
DMLP
DMLP
OMDA
OMDA
Q4 25
38.7%
Q3 25
31.5%
-4.7%
Q2 25
38.1%
-8.7%
Q1 25
40.9%
Q4 24
35.9%
Q3 24
68.1%
Q2 24
63.2%
Q1 24
58.6%
EPS (diluted)
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
$-0.06
Q2 25
$-0.24
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
DMLP
DMLP
OMDA
OMDA
Cash + ST InvestmentsLiquidity on hand
$41.9M
$198.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$217.3M
Total Assets
$309.6M
$287.5M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMLP
DMLP
OMDA
OMDA
Q4 25
$41.9M
Q3 25
$41.6M
$198.6M
Q2 25
$36.5M
$223.1M
Q1 25
$41.5M
Q4 24
$42.5M
Q3 24
$56.5M
Q2 24
$35.2M
Q1 24
$37.7M
Total Debt
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
$0
Q2 25
$30.0M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
$217.3M
Q2 25
$214.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Assets
DMLP
DMLP
OMDA
OMDA
Q4 25
$309.6M
Q3 25
$330.4M
$287.5M
Q2 25
$325.6M
$303.0M
Q1 25
$349.0M
Q4 24
$366.8M
Q3 24
$403.4M
Q2 24
$176.0M
Q1 24
$184.8M
Debt / Equity
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
0.00×
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
DMLP
DMLP
OMDA
OMDA
Operating Cash FlowLast quarter
$34.3M
$10.1M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMLP
DMLP
OMDA
OMDA
Q4 25
$34.3M
Q3 25
$34.3M
$10.1M
Q2 25
$30.5M
$-13.3M
Q1 25
$33.4M
Q4 24
$31.5M
Q3 24
$43.7M
Q2 24
$29.4M
Q1 24
$28.0M
Free Cash Flow
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
$9.6M
Q2 25
$-13.8M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
14.1%
Q2 25
-22.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
DMLP
DMLP
OMDA
OMDA
Q4 25
Q3 25
0.8%
Q2 25
1.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
DMLP
DMLP
OMDA
OMDA
Q4 25
2.12×
Q3 25
3.07×
Q2 25
2.47×
Q1 25
1.89×
Q4 24
2.21×
Q3 24
1.20×
Q2 24
1.25×
Q1 24
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DMLP
DMLP

Royalties$34.0M81%
Other$7.8M19%

OMDA
OMDA

Services$62.9M93%
Hardware$5.1M7%

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