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Side-by-side financial comparison of FinVolution Group (FINV) and MASIMO CORP (MASI). Click either name above to swap in a different company.

FinVolution Group is the larger business by last-quarter revenue ($479.7M vs $371.5M, roughly 1.3× MASIMO CORP). FinVolution Group runs the higher net margin — 21.2% vs -27.0%, a 48.2% gap on every dollar of revenue. FinVolution Group produced more free cash flow last quarter ($70.6M vs $50.9M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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.

FINV vs MASI — Head-to-Head

Bigger by revenue
FINV
FINV
1.3× larger
FINV
$479.7M
$371.5M
MASI
Higher net margin
FINV
FINV
48.2% more per $
FINV
21.2%
-27.0%
MASI
More free cash flow
FINV
FINV
$19.7M more FCF
FINV
$70.6M
$50.9M
MASI

Income Statement — Q1 FY2025 vs Q3 FY2025

Metric
FINV
FINV
MASI
MASI
Revenue
$479.7M
$371.5M
Net Profit
$101.7M
$-100.4M
Gross Margin
62.1%
Operating Margin
44.6%
22.5%
Net Margin
21.2%
-27.0%
Revenue YoY
-26.4%
Net Profit YoY
-1124.5%
EPS (diluted)
$-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
FINV
FINV
MASI
MASI
Q3 25
$371.5M
Q2 25
$370.9M
Q1 25
$479.7M
$372.0M
Q4 24
$600.7M
Q3 24
$504.6M
Q2 24
$496.3M
Q1 24
$492.8M
Q4 23
$548.9M
Net Profit
FINV
FINV
MASI
MASI
Q3 25
$-100.4M
Q2 25
$51.3M
Q1 25
$101.7M
$-170.7M
Q4 24
$-349.6M
Q3 24
$9.8M
Q2 24
$16.0M
Q1 24
$18.9M
Q4 23
$33.9M
Gross Margin
FINV
FINV
MASI
MASI
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 23
47.9%
Operating Margin
FINV
FINV
MASI
MASI
Q3 25
22.5%
Q2 25
17.4%
Q1 25
44.6%
21.0%
Q4 24
-59.8%
Q3 24
6.0%
Q2 24
5.7%
Q1 24
6.9%
Q4 23
8.0%
Net Margin
FINV
FINV
MASI
MASI
Q3 25
-27.0%
Q2 25
13.8%
Q1 25
21.2%
-45.9%
Q4 24
-58.2%
Q3 24
1.9%
Q2 24
3.2%
Q1 24
3.8%
Q4 23
6.2%
EPS (diluted)
FINV
FINV
MASI
MASI
Q3 25
$-1.84
Q2 25
$0.94
Q1 25
$-3.12
Q4 24
$-6.54
Q3 24
$0.18
Q2 24
$0.29
Q1 24
$0.35
Q4 23
$0.63

Balance Sheet & Financial Strength

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

Metric
FINV
FINV
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$745.0M
$312.3M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$810.0M
Total Assets
$3.4B
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
MASI
MASI
Q3 25
$312.3M
Q2 25
$149.6M
Q1 25
$745.0M
$130.8M
Q4 24
$177.6M
Q3 24
$158.5M
Q2 24
$129.6M
Q1 24
$157.6M
Q4 23
$163.0M
Total Debt
FINV
FINV
MASI
MASI
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
Q4 23
$906.0M
Stockholders' Equity
FINV
FINV
MASI
MASI
Q3 25
$810.0M
Q2 25
$1.0B
Q1 25
$946.4M
Q4 24
$1.1B
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Total Assets
FINV
FINV
MASI
MASI
Q3 25
$1.8B
Q2 25
$2.4B
Q1 25
$3.4B
$2.3B
Q4 24
$2.6B
Q3 24
$3.1B
Q2 24
$2.9B
Q1 24
$3.0B
Q4 23
$3.0B
Debt / Equity
FINV
FINV
MASI
MASI
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×
Q4 23
0.66×

Cash Flow & Capital Efficiency

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

Metric
FINV
FINV
MASI
MASI
Operating Cash FlowLast quarter
$72.0M
$56.8M
Free Cash FlowOCF − Capex
$70.6M
$50.9M
FCF MarginFCF / Revenue
14.7%
13.7%
Capex IntensityCapex / Revenue
0.3%
1.6%
Cash ConversionOCF / Net Profit
0.71×
TTM Free Cash FlowTrailing 4 quarters
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
MASI
MASI
Q3 25
$56.8M
Q2 25
$69.4M
Q1 25
$72.0M
$31.1M
Q4 24
$50.5M
Q3 24
$25.6M
Q2 24
$74.5M
Q1 24
$45.8M
Q4 23
$77.1M
Free Cash Flow
FINV
FINV
MASI
MASI
Q3 25
$50.9M
Q2 25
$65.6M
Q1 25
$70.6M
$28.5M
Q4 24
$46.0M
Q3 24
$16.9M
Q2 24
$66.9M
Q1 24
$37.6M
Q4 23
$66.2M
FCF Margin
FINV
FINV
MASI
MASI
Q3 25
13.7%
Q2 25
17.7%
Q1 25
14.7%
7.7%
Q4 24
7.7%
Q3 24
3.3%
Q2 24
13.5%
Q1 24
7.6%
Q4 23
12.1%
Capex Intensity
FINV
FINV
MASI
MASI
Q3 25
1.6%
Q2 25
1.0%
Q1 25
0.3%
0.7%
Q4 24
0.7%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.7%
Q4 23
2.0%
Cash Conversion
FINV
FINV
MASI
MASI
Q3 25
Q2 25
1.35×
Q1 25
0.71×
Q4 24
Q3 24
2.61×
Q2 24
4.66×
Q1 24
2.42×
Q4 23
2.27×

Financial Flow Comparison

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

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