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Side-by-side financial comparison of EXACT SCIENCES CORP (EXAS) and Gates Industrial Corp plc (GTES). Click either name above to swap in a different company.
EXACT SCIENCES CORP is the larger business by last-quarter revenue ($878.4M vs $856.2M, roughly 1.0× Gates Industrial Corp plc). Gates Industrial Corp plc runs the higher net margin — 6.0% vs -9.8%, a 15.8% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs 3.2%). Gates Industrial Corp plc produced more free cash flow last quarter ($251.0M vs $120.4M). Over the past eight quarters, EXACT SCIENCES CORP's revenue compounded faster (17.4% CAGR vs -0.4%).
Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.
Gates Industrial Corporation plc, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 15,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East.
EXAS vs GTES — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $878.4M | $856.2M |
| Net Profit | $-86.0M | $51.3M |
| Gross Margin | 70.1% | 38.0% |
| Operating Margin | -9.4% | 12.8% |
| Net Margin | -9.8% | 6.0% |
| Revenue YoY | 23.1% | 3.2% |
| Net Profit YoY | 90.1% | 40.2% |
| EPS (diluted) | $-0.45 | $0.19 |
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 | $878.4M | $856.2M | ||
| Q3 25 | $850.7M | $855.7M | ||
| Q2 25 | $811.1M | $883.7M | ||
| Q1 25 | $706.8M | $847.6M | ||
| Q4 24 | $713.4M | $829.4M | ||
| Q3 24 | $708.7M | $830.7M | ||
| Q2 24 | $699.3M | $885.5M | ||
| Q1 24 | $637.5M | $862.6M |
| Q4 25 | $-86.0M | $51.3M | ||
| Q3 25 | $-19.6M | $81.6M | ||
| Q2 25 | $-1.2M | $56.5M | ||
| Q1 25 | $-101.2M | $62.0M | ||
| Q4 24 | $-864.6M | $36.6M | ||
| Q3 24 | $-38.2M | $47.6M | ||
| Q2 24 | $-15.8M | $70.7M | ||
| Q1 24 | $-110.2M | $40.0M |
| Q4 25 | 70.1% | 38.0% | ||
| Q3 25 | 68.6% | 39.9% | ||
| Q2 25 | 69.3% | 40.8% | ||
| Q1 25 | 70.8% | 40.7% | ||
| Q4 24 | 69.0% | 40.4% | ||
| Q3 24 | 69.4% | 40.4% | ||
| Q2 24 | 69.8% | 40.4% | ||
| Q1 24 | 70.0% | 38.3% |
| Q4 25 | -9.4% | 12.8% | ||
| Q3 25 | -3.0% | 13.5% | ||
| Q2 25 | -0.3% | 13.1% | ||
| Q1 25 | -13.6% | 14.7% | ||
| Q4 24 | -122.8% | 13.6% | ||
| Q3 24 | -5.6% | 13.6% | ||
| Q2 24 | -3.8% | 15.4% | ||
| Q1 24 | -16.7% | 13.5% |
| Q4 25 | -9.8% | 6.0% | ||
| Q3 25 | -2.3% | 9.5% | ||
| Q2 25 | -0.1% | 6.4% | ||
| Q1 25 | -14.3% | 7.3% | ||
| Q4 24 | -121.2% | 4.4% | ||
| Q3 24 | -5.4% | 5.7% | ||
| Q2 24 | -2.3% | 8.0% | ||
| Q1 24 | -17.3% | 4.6% |
| Q4 25 | $-0.45 | $0.19 | ||
| Q3 25 | $-0.10 | $0.31 | ||
| Q2 25 | $-0.01 | $0.22 | ||
| Q1 25 | $-0.54 | $0.24 | ||
| Q4 24 | $-4.69 | $0.15 | ||
| Q3 24 | $-0.21 | $0.18 | ||
| Q2 24 | $-0.09 | $0.26 | ||
| Q1 24 | $-0.60 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $964.7M | $812.1M |
| Total DebtLower is stronger | — | $2.2B |
| Stockholders' EquityBook value | $2.4B | $3.3B |
| Total Assets | $5.9B | $7.2B |
| Debt / EquityLower = less leverage | — | 0.67× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $964.7M | $812.1M | ||
| Q3 25 | $1.0B | $689.4M | ||
| Q2 25 | $858.4M | $719.7M | ||
| Q1 25 | $786.2M | $640.2M | ||
| Q4 24 | $1.0B | $682.0M | ||
| Q3 24 | $1.0B | $574.4M | ||
| Q2 24 | $946.8M | $579.7M | ||
| Q1 24 | $652.1M | $522.2M |
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.3B |
| Q4 25 | $2.4B | $3.3B | ||
| Q3 25 | $2.5B | $3.4B | ||
| Q2 25 | $2.5B | $3.3B | ||
| Q1 25 | $2.4B | $3.1B | ||
| Q4 24 | $2.4B | $3.0B | ||
| Q3 24 | $3.2B | $3.1B | ||
| Q2 24 | $3.2B | $3.2B | ||
| Q1 24 | $3.1B | $3.2B |
| Q4 25 | $5.9B | $7.2B | ||
| Q3 25 | $5.9B | $7.1B | ||
| Q2 25 | $5.8B | $7.2B | ||
| Q1 25 | $5.7B | $6.9B | ||
| Q4 24 | $5.9B | $6.8B | ||
| Q3 24 | $6.7B | $7.1B | ||
| Q2 24 | $6.7B | $7.0B | ||
| Q1 24 | $6.4B | $7.0B |
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | — | 0.73× | ||
| Q1 24 | — | 0.74× |
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 | $151.7M | $269.8M |
| Free Cash FlowOCF − Capex | $120.4M | $251.0M |
| FCF MarginFCF / Revenue | 13.7% | 29.3% |
| Capex IntensityCapex / Revenue | 3.6% | 2.2% |
| Cash ConversionOCF / Net Profit | — | 5.26× |
| TTM Free Cash FlowTrailing 4 quarters | $356.8M | $404.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.7M | $269.8M | ||
| Q3 25 | $219.9M | $98.0M | ||
| Q2 25 | $89.0M | $103.0M | ||
| Q1 25 | $30.8M | $7.3M | ||
| Q4 24 | $47.1M | $190.9M | ||
| Q3 24 | $138.7M | $115.9M | ||
| Q2 24 | $107.1M | $93.8M | ||
| Q1 24 | $-82.3M | $-21.0M |
| Q4 25 | $120.4M | $251.0M | ||
| Q3 25 | $190.0M | $80.5M | ||
| Q2 25 | $46.7M | $83.6M | ||
| Q1 25 | $-365.0K | $-10.2M | ||
| Q4 24 | $10.7M | $167.6M | ||
| Q3 24 | $112.6M | $94.0M | ||
| Q2 24 | $71.2M | $71.9M | ||
| Q1 24 | $-120.0M | $-37.0M |
| Q4 25 | 13.7% | 29.3% | ||
| Q3 25 | 22.3% | 9.4% | ||
| Q2 25 | 5.8% | 9.5% | ||
| Q1 25 | -0.1% | -1.2% | ||
| Q4 24 | 1.5% | 20.2% | ||
| Q3 24 | 15.9% | 11.3% | ||
| Q2 24 | 10.2% | 8.1% | ||
| Q1 24 | -18.8% | -4.3% |
| Q4 25 | 3.6% | 2.2% | ||
| Q3 25 | 3.5% | 2.0% | ||
| Q2 25 | 5.2% | 2.2% | ||
| Q1 25 | 4.4% | 2.1% | ||
| Q4 24 | 5.1% | 2.8% | ||
| Q3 24 | 3.7% | 2.6% | ||
| Q2 24 | 5.1% | 2.5% | ||
| Q1 24 | 5.9% | 1.9% |
| Q4 25 | — | 5.26× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.82× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 5.22× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | 1.33× | ||
| Q1 24 | — | -0.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXAS
| Screening | $695.1M | 79% |
| Precision Oncology | $183.2M | 21% |
GTES
| Power Transmission Segment | $536.5M | 63% |
| Fluid Power Segment | $319.7M | 37% |