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Side-by-side financial comparison of Insight Molecular Diagnostics Inc. (IMDX) and TMC the metals Co Inc. (TMC). Click either name above to swap in a different company.

TMC the metals Co Inc. is the larger business by last-quarter revenue ($1.3M vs $1.1M, roughly 1.1× Insight Molecular Diagnostics Inc.). Insight Molecular Diagnostics Inc. runs the higher net margin — -2015.4% vs -3136.5%, a 1121.1% gap on every dollar of revenue. On growth, TMC the metals Co Inc. posted the faster year-over-year revenue change (2425.5% vs -23.4%). Insight Molecular Diagnostics Inc. produced more free cash flow last quarter ($-7.0M vs $-11.5M). Over the past eight quarters, TMC the metals Co Inc.'s revenue compounded faster (159.0% CAGR vs 154.4%).

Quest Diagnostics Incorporated is an American clinical laboratory. A Fortune 500 company, Quest operates in the United States, Puerto Rico, Mexico, and Brazil. Quest also maintains collaborative agreements with various hospitals and clinics across the globe.

The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific.

IMDX vs TMC — Head-to-Head

Bigger by revenue
TMC
TMC
1.1× larger
TMC
$1.3M
$1.1M
IMDX
Growing faster (revenue YoY)
TMC
TMC
+2448.8% gap
TMC
2425.5%
-23.4%
IMDX
Higher net margin
IMDX
IMDX
1121.1% more per $
IMDX
-2015.4%
-3136.5%
TMC
More free cash flow
IMDX
IMDX
$4.4M more FCF
IMDX
$-7.0M
$-11.5M
TMC
Faster 2-yr revenue CAGR
TMC
TMC
Annualised
TMC
159.0%
154.4%
IMDX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IMDX
IMDX
TMC
TMC
Revenue
$1.1M
$1.3M
Net Profit
$-23.0M
$-40.4M
Gross Margin
42.5%
Operating Margin
-2057.5%
-3470.9%
Net Margin
-2015.4%
-3136.5%
Revenue YoY
-23.4%
2425.5%
Net Profit YoY
31.5%
-151.5%
EPS (diluted)
$-0.75
$0.11

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
IMDX
IMDX
TMC
TMC
Q4 25
$1.1M
$1.3M
Q3 25
$260.0K
$1.3M
Q2 25
$518.0K
Q1 25
$2.1M
Q4 24
$1.5M
Q3 24
$115.0K
Q2 24
$104.0K
Q1 24
$176.0K
Net Profit
IMDX
IMDX
TMC
TMC
Q4 25
$-23.0M
$-40.4M
Q3 25
$-10.9M
$-184.5M
Q2 25
$-9.7M
Q1 25
$-6.7M
Q4 24
$-33.5M
Q3 24
$-13.5M
Q2 24
$-4.5M
Q1 24
$-9.1M
Gross Margin
IMDX
IMDX
TMC
TMC
Q4 25
42.5%
Q3 25
53.5%
Q2 25
67.6%
Q1 25
62.0%
Q4 24
40.0%
Q3 24
43.5%
Q2 24
48.1%
Q1 24
25.6%
Operating Margin
IMDX
IMDX
TMC
TMC
Q4 25
-2057.5%
-3470.9%
Q3 25
-4249.2%
-4134.4%
Q2 25
-1900.0%
Q1 25
-318.0%
Q4 24
-2262.9%
Q3 24
-11752.2%
Q2 24
-4453.8%
Q1 24
-5265.3%
Net Margin
IMDX
IMDX
TMC
TMC
Q4 25
-2015.4%
-3136.5%
Q3 25
-4174.6%
-13780.2%
Q2 25
-1880.7%
Q1 25
-312.0%
Q4 24
-2255.1%
Q3 24
-11733.0%
Q2 24
-4355.8%
Q1 24
-5186.9%
EPS (diluted)
IMDX
IMDX
TMC
TMC
Q4 25
$-0.75
$0.11
Q3 25
$-0.34
$0.46
Q2 25
$-0.30
Q1 25
$-0.26
Q4 24
$-2.19
Q3 24
$-0.98
Q2 24
$-0.36
Q1 24
$-1.13

Balance Sheet & Financial Strength

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

Metric
IMDX
IMDX
TMC
TMC
Cash + ST InvestmentsLiquidity on hand
$11.6M
$117.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-31.5M
$-33.4M
Total Assets
$25.8M
$181.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMDX
IMDX
TMC
TMC
Q4 25
$11.6M
$117.6M
Q3 25
$18.7M
$115.6M
Q2 25
$24.3M
Q1 25
$31.0M
Q4 24
$8.6M
Q3 24
$3.4M
Q2 24
$9.3M
Q1 24
$5.6M
Stockholders' Equity
IMDX
IMDX
TMC
TMC
Q4 25
$-31.5M
$-33.4M
Q3 25
$-9.2M
$-40.6M
Q2 25
$1.1M
Q1 25
$10.2M
Q4 24
$-12.3M
Q3 24
$9.7M
Q2 24
$22.7M
Q1 24
$11.6M
Total Assets
IMDX
IMDX
TMC
TMC
Q4 25
$25.8M
$181.6M
Q3 25
$43.9M
$175.6M
Q2 25
$50.5M
Q1 25
$60.4M
Q4 24
$35.1M
Q3 24
$70.2M
Q2 24
$74.7M
Q1 24
$71.0M

Cash Flow & Capital Efficiency

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

Metric
IMDX
IMDX
TMC
TMC
Operating Cash FlowLast quarter
$-5.5M
$-11.4M
Free Cash FlowOCF − Capex
$-7.0M
$-11.5M
FCF MarginFCF / Revenue
-616.7%
-889.8%
Capex IntensityCapex / Revenue
129.9%
8.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMDX
IMDX
TMC
TMC
Q4 25
$-5.5M
$-11.4M
Q3 25
$-4.5M
$-11.5M
Q2 25
$-6.3M
Q1 25
$-5.9M
Q4 24
$-5.4M
Q3 24
$-5.5M
Q2 24
$-6.0M
Q1 24
$-3.8M
Free Cash Flow
IMDX
IMDX
TMC
TMC
Q4 25
$-7.0M
$-11.5M
Q3 25
$-5.6M
$-11.5M
Q2 25
$-6.6M
Q1 25
$-6.2M
Q4 24
$-5.6M
Q3 24
$-5.6M
Q2 24
$-6.2M
Q1 24
$-3.9M
FCF Margin
IMDX
IMDX
TMC
TMC
Q4 25
-616.7%
-889.8%
Q3 25
-2135.4%
-859.4%
Q2 25
-1279.5%
Q1 25
-288.4%
Q4 24
-374.5%
Q3 24
-4884.3%
Q2 24
-5931.7%
Q1 24
-2189.8%
Capex Intensity
IMDX
IMDX
TMC
TMC
Q4 25
129.9%
8.2%
Q3 25
403.8%
1.5%
Q2 25
67.4%
Q1 25
14.4%
Q4 24
14.4%
Q3 24
75.7%
Q2 24
183.7%
Q1 24
13.6%

Financial Flow Comparison

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

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