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Side-by-side financial comparison of Hologic (HOLX) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.

Hologic is the larger business by last-quarter revenue ($1.0B vs $586.5M, roughly 1.8× StepStone Group Inc.). Hologic runs the higher net margin — 17.1% vs -21.0%, a 38.1% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 2.5%). Hologic produced more free cash flow last quarter ($215.2M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 1.5%).

Hologic, Inc. is an American medical technology company primarily focused on women's health; it sells medical devices for diagnostics, surgery, and medical imaging.

Rosetta Stone Inc. is an American education technology software company that develops language, literacy and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.

HOLX vs STEP — Head-to-Head

Bigger by revenue
HOLX
HOLX
1.8× larger
HOLX
$1.0B
$586.5M
STEP
Growing faster (revenue YoY)
STEP
STEP
+70.5% gap
STEP
73.0%
2.5%
HOLX
Higher net margin
HOLX
HOLX
38.1% more per $
HOLX
17.1%
-21.0%
STEP
More free cash flow
HOLX
HOLX
$188.5M more FCF
HOLX
$215.2M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
1.5%
HOLX

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HOLX
HOLX
STEP
STEP
Revenue
$1.0B
$586.5M
Net Profit
$179.1M
$-123.5M
Gross Margin
56.0%
Operating Margin
22.6%
-33.2%
Net Margin
17.1%
-21.0%
Revenue YoY
2.5%
73.0%
Net Profit YoY
-10.9%
35.7%
EPS (diluted)
$0.79
$-1.55

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
HOLX
HOLX
STEP
STEP
Q4 25
$1.0B
$586.5M
Q3 25
$1.0B
$454.2M
Q2 25
$1.0B
$364.3M
Q1 25
$1.0B
$377.7M
Q4 24
$1.0B
$339.0M
Q3 24
$988.0M
$271.7M
Q2 24
$1.0B
$186.4M
Q1 24
$1.0B
$356.8M
Net Profit
HOLX
HOLX
STEP
STEP
Q4 25
$179.1M
$-123.5M
Q3 25
$187.2M
$-366.1M
Q2 25
$194.9M
$-38.4M
Q1 25
$-17.4M
$-18.5M
Q4 24
$201.0M
$-192.0M
Q3 24
$178.6M
$17.6M
Q2 24
$194.5M
$13.3M
Q1 24
$169.9M
$30.8M
Gross Margin
HOLX
HOLX
STEP
STEP
Q4 25
56.0%
Q3 25
55.6%
Q2 25
56.3%
Q1 25
37.5%
Q4 24
56.8%
Q3 24
56.4%
Q2 24
55.4%
Q1 24
53.3%
Operating Margin
HOLX
HOLX
STEP
STEP
Q4 25
22.6%
-33.2%
Q3 25
22.6%
-148.8%
Q2 25
24.9%
-5.6%
Q1 25
-0.7%
2.6%
Q4 24
22.5%
-101.7%
Q3 24
23.3%
21.3%
Q2 24
24.1%
29.4%
Q1 24
20.7%
26.5%
Net Margin
HOLX
HOLX
STEP
STEP
Q4 25
17.1%
-21.0%
Q3 25
17.8%
-80.6%
Q2 25
19.0%
-10.5%
Q1 25
-1.7%
-4.9%
Q4 24
19.7%
-56.6%
Q3 24
18.1%
6.5%
Q2 24
19.2%
7.2%
Q1 24
16.7%
8.6%
EPS (diluted)
HOLX
HOLX
STEP
STEP
Q4 25
$0.79
$-1.55
Q3 25
$0.84
$-4.66
Q2 25
$0.86
$-0.49
Q1 25
$-0.08
$-0.37
Q4 24
$0.87
$-2.61
Q3 24
$0.75
$0.26
Q2 24
$0.82
$0.20
Q1 24
$0.72
$0.47

Balance Sheet & Financial Strength

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

Metric
HOLX
HOLX
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$2.4B
Total DebtLower is stronger
$2.5B
$270.2M
Stockholders' EquityBook value
$5.2B
$-378.8M
Total Assets
$9.2B
$5.2B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOLX
HOLX
STEP
STEP
Q4 25
$2.4B
Q3 25
$2.2B
Q2 25
$1.9B
Q1 25
$1.6B
Q4 24
$2.0B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.2B
Total Debt
HOLX
HOLX
STEP
STEP
Q4 25
$2.5B
$270.2M
Q3 25
$2.5B
$269.9M
Q2 25
$2.5B
$269.6M
Q1 25
$2.5B
$269.3M
Q4 24
$2.5B
$168.9M
Q3 24
$2.5B
$172.3M
Q2 24
$2.5B
$172.1M
Q1 24
$2.6B
$148.8M
Stockholders' Equity
HOLX
HOLX
STEP
STEP
Q4 25
$5.2B
$-378.8M
Q3 25
$5.0B
$-233.5M
Q2 25
$4.8B
$153.9M
Q1 25
$4.6B
$179.4M
Q4 24
$4.8B
$209.8M
Q3 24
$5.1B
$397.5M
Q2 24
$5.0B
$366.9M
Q1 24
$4.8B
$324.5M
Total Assets
HOLX
HOLX
STEP
STEP
Q4 25
$9.2B
$5.2B
Q3 25
$9.0B
$5.3B
Q2 25
$8.8B
$4.8B
Q1 25
$8.5B
$4.6B
Q4 24
$8.7B
$4.3B
Q3 24
$9.2B
$4.0B
Q2 24
$8.9B
$3.8B
Q1 24
$8.7B
$3.8B
Debt / Equity
HOLX
HOLX
STEP
STEP
Q4 25
0.48×
Q3 25
0.50×
Q2 25
0.52×
1.75×
Q1 25
0.55×
1.50×
Q4 24
0.53×
0.81×
Q3 24
0.49×
0.43×
Q2 24
0.51×
0.47×
Q1 24
0.53×
0.46×

Cash Flow & Capital Efficiency

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

Metric
HOLX
HOLX
STEP
STEP
Operating Cash FlowLast quarter
$229.9M
$27.2M
Free Cash FlowOCF − Capex
$215.2M
$26.7M
FCF MarginFCF / Revenue
20.5%
4.6%
Capex IntensityCapex / Revenue
1.4%
0.1%
Cash ConversionOCF / Net Profit
1.28×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOLX
HOLX
STEP
STEP
Q4 25
$229.9M
$27.2M
Q3 25
$355.1M
$16.2M
Q2 25
$343.3M
$46.3M
Q1 25
$169.4M
$-66.5M
Q4 24
$189.3M
$27.6M
Q3 24
$367.0M
$53.7M
Q2 24
$405.8M
$50.2M
Q1 24
$292.4M
$7.6M
Free Cash Flow
HOLX
HOLX
STEP
STEP
Q4 25
$215.2M
$26.7M
Q3 25
$341.4M
$15.9M
Q2 25
$330.5M
$45.2M
Q1 25
$153.9M
$-69.2M
Q4 24
$172.5M
$27.0M
Q3 24
$350.6M
$52.4M
Q2 24
$385.3M
$49.6M
Q1 24
$279.6M
$6.7M
FCF Margin
HOLX
HOLX
STEP
STEP
Q4 25
20.5%
4.6%
Q3 25
32.5%
3.5%
Q2 25
32.3%
12.4%
Q1 25
15.3%
-18.3%
Q4 24
16.9%
8.0%
Q3 24
35.5%
19.3%
Q2 24
38.1%
26.6%
Q1 24
27.5%
1.9%
Capex Intensity
HOLX
HOLX
STEP
STEP
Q4 25
1.4%
0.1%
Q3 25
1.3%
0.1%
Q2 25
1.3%
0.3%
Q1 25
1.5%
0.7%
Q4 24
1.6%
0.2%
Q3 24
1.7%
0.5%
Q2 24
2.0%
0.3%
Q1 24
1.3%
0.3%
Cash Conversion
HOLX
HOLX
STEP
STEP
Q4 25
1.28×
Q3 25
1.90×
Q2 25
1.76×
Q1 25
Q4 24
0.94×
Q3 24
2.05×
3.05×
Q2 24
2.09×
3.76×
Q1 24
1.72×
0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HOLX
HOLX

Molecular Diagnostics$255.3M24%
Breast Imaging$219.9M21%
Services$216.4M21%
Capital Equipment Componentsand Software$187.2M18%
Cytology Perinatal$76.0M7%
Interventional Breast Solutions$71.2M7%
Blood Screening$8.4M1%
Other Typeof Revenue$5.4M1%

STEP
STEP

Other$210.1M36%
Management And Advisory Fees Net Focused Commingled Funds$143.3M24%
Carried Interest Allocation Focused Commingled Funds$85.1M15%
Carried Interest Allocation Separately Managed Accounts$63.6M11%
Carried Interest Allocation Realized$46.7M8%
Management And Advisory Fees Net Advisory And Other Services$18.3M3%
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M2%
Income Based Incentive Fees$6.0M1%
Management And Advisory Fees Net Fund Reimbursement Revenues$3.1M1%

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