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Side-by-side financial comparison of FLOTEK INDUSTRIES INC (FTK) and MIMEDX GROUP, INC. (MDXG). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $70.1M, roughly 1.7× FLOTEK INDUSTRIES INC). MIMEDX GROUP, INC. runs the higher net margin — 12.9% vs 6.7%, a 6.2% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs 27.0%). Over the past eight quarters, FLOTEK INDUSTRIES INC's revenue compounded faster (23.2% CAGR vs 18.1%).

Flotek Industries Inc. is a technology-driven diversified company that develops and supplies specialty chemicals, performance materials and related equipment solutions for global energy, mining and industrial manufacturing sectors, delivering innovative sustainable products to boost client operational efficiency.

MiMedx is an American biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin for skin grafts for medical use.

FTK vs MDXG — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.7× larger
MDXG
$118.1M
$70.1M
FTK
Growing faster (revenue YoY)
MDXG
MDXG
+0.1% gap
MDXG
27.1%
27.0%
FTK
Higher net margin
MDXG
MDXG
6.2% more per $
MDXG
12.9%
6.7%
FTK
Faster 2-yr revenue CAGR
FTK
FTK
Annualised
FTK
23.2%
18.1%
MDXG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTK
FTK
MDXG
MDXG
Revenue
$70.1M
$118.1M
Net Profit
$4.7M
$15.2M
Gross Margin
22.2%
83.9%
Operating Margin
10.8%
17.8%
Net Margin
6.7%
12.9%
Revenue YoY
27.0%
27.1%
Net Profit YoY
104.2%
EPS (diluted)
$0.12
$0.10

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
FTK
FTK
MDXG
MDXG
Q1 26
$70.1M
Q4 25
$67.5M
$118.1M
Q3 25
$56.0M
$113.7M
Q2 25
$58.4M
$98.6M
Q1 25
$55.4M
$88.2M
Q4 24
$50.8M
$92.9M
Q3 24
$49.7M
$84.1M
Q2 24
$46.2M
$87.2M
Net Profit
FTK
FTK
MDXG
MDXG
Q1 26
$4.7M
Q4 25
$3.0M
$15.2M
Q3 25
$20.4M
$16.7M
Q2 25
$1.8M
$9.6M
Q1 25
$5.4M
$7.0M
Q4 24
$4.4M
$7.4M
Q3 24
$2.5M
$8.1M
Q2 24
$2.0M
$17.6M
Gross Margin
FTK
FTK
MDXG
MDXG
Q1 26
22.2%
Q4 25
22.5%
83.9%
Q3 25
31.7%
83.5%
Q2 25
24.7%
81.1%
Q1 25
22.5%
81.2%
Q4 24
24.2%
81.8%
Q3 24
18.3%
81.8%
Q2 24
19.9%
83.0%
Operating Margin
FTK
FTK
MDXG
MDXG
Q1 26
10.8%
Q4 25
8.9%
17.8%
Q3 25
16.2%
19.5%
Q2 25
4.4%
12.5%
Q1 25
10.1%
9.4%
Q4 24
10.1%
11.9%
Q3 24
5.5%
13.3%
Q2 24
4.8%
26.9%
Net Margin
FTK
FTK
MDXG
MDXG
Q1 26
6.7%
Q4 25
4.5%
12.9%
Q3 25
36.3%
14.7%
Q2 25
3.0%
9.8%
Q1 25
9.7%
8.0%
Q4 24
8.7%
8.0%
Q3 24
5.1%
9.6%
Q2 24
4.3%
20.2%
EPS (diluted)
FTK
FTK
MDXG
MDXG
Q1 26
$0.12
Q4 25
$0.09
$0.10
Q3 25
$0.53
$0.11
Q2 25
$0.05
$0.06
Q1 25
$0.17
$0.05
Q4 24
$0.15
$0.05
Q3 24
$0.08
$0.05
Q2 24
$0.06
$0.12

Balance Sheet & Financial Strength

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

Metric
FTK
FTK
MDXG
MDXG
Cash + ST InvestmentsLiquidity on hand
$5.7M
$166.1M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$118.2M
$256.5M
Total Assets
$231.8M
$342.7M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
MDXG
MDXG
Q1 26
$5.7M
Q4 25
$5.7M
$166.1M
Q3 25
$4.6M
$142.1M
Q2 25
$5.0M
$118.9M
Q1 25
$6.3M
$106.4M
Q4 24
$4.4M
$104.4M
Q3 24
$5.0M
$88.8M
Q2 24
$4.8M
$69.0M
Total Debt
FTK
FTK
MDXG
MDXG
Q1 26
Q4 25
$40.0M
$18.0M
Q3 25
$40.0M
Q2 25
$40.0M
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Stockholders' Equity
FTK
FTK
MDXG
MDXG
Q1 26
$118.2M
Q4 25
$113.1M
$256.5M
Q3 25
$110.5M
$238.9M
Q2 25
$71.8M
$216.6M
Q1 25
$119.7M
$202.8M
Q4 24
$113.9M
$193.1M
Q3 24
$109.0M
$181.0M
Q2 24
$106.2M
$168.0M
Total Assets
FTK
FTK
MDXG
MDXG
Q1 26
$231.8M
Q4 25
$220.0M
$342.7M
Q3 25
$212.7M
$319.0M
Q2 25
$172.2M
$291.1M
Q1 25
$170.2M
$270.4M
Q4 24
$170.8M
$263.9M
Q3 24
$160.6M
$243.9M
Q2 24
$156.0M
$230.2M
Debt / Equity
FTK
FTK
MDXG
MDXG
Q1 26
Q4 25
0.35×
0.07×
Q3 25
0.36×
Q2 25
0.56×
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FTK
FTK
MDXG
MDXG
Operating Cash FlowLast quarter
$21.0K
$25.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
0.00×
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
MDXG
MDXG
Q1 26
$21.0K
Q4 25
$6.2M
$25.0M
Q3 25
$-1.9M
$29.3M
Q2 25
$-4.5M
$14.4M
Q1 25
$7.3M
$5.3M
Q4 24
$-2.6M
$18.8M
Q3 24
$5.1M
$19.6M
Q2 24
$-3.1M
$21.8M
Capex Intensity
FTK
FTK
MDXG
MDXG
Q1 26
1.4%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
FTK
FTK
MDXG
MDXG
Q1 26
0.00×
Q4 25
2.07×
1.64×
Q3 25
-0.09×
1.75×
Q2 25
-2.54×
1.50×
Q1 25
1.36×
0.75×
Q4 24
-0.58×
2.53×
Q3 24
2.01×
2.42×
Q2 24
-1.55×
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTK
FTK

Revenue from related party$51.9M74%
Revenue from external customers$18.2M26%

MDXG
MDXG

Wound$78.7M67%
Surgical$39.4M33%

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