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Side-by-side financial comparison of INTEST CORP (INTT) and Meridian Corp (MRBK). Click either name above to swap in a different company.

Meridian Corp is the larger business by last-quarter revenue ($34.2M vs $32.8M, roughly 1.0× INTEST CORP). Meridian Corp runs the higher net margin — 428.0% vs 3.8%, a 424.2% gap on every dollar of revenue. On growth, Meridian Corp posted the faster year-over-year revenue change (5.1% vs -10.3%). Meridian Corp produced more free cash flow last quarter ($22.6M vs $-1.6M). Over the past eight quarters, Meridian Corp's revenue compounded faster (18.0% CAGR vs 4.9%).

INTTEST Corp designs, manufactures and distributes precision test and process control solutions for the global semiconductor manufacturing ecosystem. Its offerings include thermal management systems, test interface hardware, and wafer handling tools, serving semiconductor fabs, chip design firms, and automotive and industrial electronics end segments.

Meridian Audio is a consumer audio and home theatre equipment manufacturer based in the United Kingdom. Bob Stuart and Allen Boothroyd founded the company in 1977 under the name Boothroyd-Stuart. In 1985 the company released a CD player under the brand name, Meridian. The company also created the lossless compression format Meridian Lossless Packing in 1998 and the lossy Master Quality Authenticated (MQA) format in 2014.

INTT vs MRBK — Head-to-Head

Bigger by revenue
MRBK
MRBK
1.0× larger
MRBK
$34.2M
$32.8M
INTT
Growing faster (revenue YoY)
MRBK
MRBK
+15.4% gap
MRBK
5.1%
-10.3%
INTT
Higher net margin
MRBK
MRBK
424.2% more per $
MRBK
428.0%
3.8%
INTT
More free cash flow
MRBK
MRBK
$24.1M more FCF
MRBK
$22.6M
$-1.6M
INTT
Faster 2-yr revenue CAGR
MRBK
MRBK
Annualised
MRBK
18.0%
4.9%
INTT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INTT
INTT
MRBK
MRBK
Revenue
$32.8M
$34.2M
Net Profit
$1.2M
$7.2M
Gross Margin
45.4%
Operating Margin
3.9%
27.2%
Net Margin
3.8%
428.0%
Revenue YoY
-10.3%
5.1%
Net Profit YoY
-17.4%
28.3%
EPS (diluted)
$0.10
$0.61

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
INTT
INTT
MRBK
MRBK
Q4 25
$32.8M
$34.2M
Q3 25
$26.2M
$33.1M
Q2 25
$28.1M
$32.4M
Q1 25
$26.6M
$27.1M
Q4 24
$36.6M
$32.6M
Q3 24
$30.3M
$29.1M
Q2 24
$34.0M
$26.1M
Q1 24
$29.8M
$24.6M
Net Profit
INTT
INTT
MRBK
MRBK
Q4 25
$1.2M
$7.2M
Q3 25
$-938.0K
$6.7M
Q2 25
$-503.0K
$5.6M
Q1 25
$-2.3M
$2.4M
Q4 24
$1.5M
$5.6M
Q3 24
$495.0K
$4.7M
Q2 24
$230.0K
$3.3M
Q1 24
$662.0K
$2.7M
Gross Margin
INTT
INTT
MRBK
MRBK
Q4 25
45.4%
Q3 25
41.9%
Q2 25
42.6%
Q1 25
41.5%
Q4 24
39.7%
Q3 24
46.3%
Q2 24
40.6%
Q1 24
43.8%
Operating Margin
INTT
INTT
MRBK
MRBK
Q4 25
3.9%
27.2%
Q3 25
-4.5%
26.2%
Q2 25
-3.3%
22.5%
Q1 25
-10.8%
11.6%
Q4 24
5.7%
23.3%
Q3 24
1.6%
21.5%
Q2 24
1.0%
16.8%
Q1 24
1.6%
14.4%
Net Margin
INTT
INTT
MRBK
MRBK
Q4 25
3.8%
428.0%
Q3 25
-3.6%
20.1%
Q2 25
-1.8%
17.2%
Q1 25
-8.7%
8.9%
Q4 24
4.1%
366.8%
Q3 24
1.6%
16.3%
Q2 24
0.7%
12.7%
Q1 24
2.2%
10.9%
EPS (diluted)
INTT
INTT
MRBK
MRBK
Q4 25
$0.10
$0.61
Q3 25
$-0.08
$0.58
Q2 25
$-0.04
$0.49
Q1 25
$-0.19
$0.21
Q4 24
$0.13
$0.49
Q3 24
$0.04
$0.42
Q2 24
$0.02
$0.30
Q1 24
$0.05
$0.24

Balance Sheet & Financial Strength

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

Metric
INTT
INTT
MRBK
MRBK
Cash + ST InvestmentsLiquidity on hand
$14.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$103.6M
$199.7M
Total Assets
$151.3M
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INTT
INTT
MRBK
MRBK
Q4 25
$14.2M
Q3 25
$16.2M
Q2 25
$19.2M
Q1 25
$22.0M
Q4 24
$19.8M
Q3 24
$18.0M
Q2 24
$20.4M
Q1 24
$27.3M
Total Debt
INTT
INTT
MRBK
MRBK
Q4 25
Q3 25
$4.9M
Q2 25
$5.9M
Q1 25
$6.9M
Q4 24
$7.9M
Q3 24
$9.0M
Q2 24
$10.0M
Q1 24
$11.0M
Stockholders' Equity
INTT
INTT
MRBK
MRBK
Q4 25
$103.6M
$199.7M
Q3 25
$101.9M
$188.0M
Q2 25
$102.6M
$178.0M
Q1 25
$99.4M
$173.6M
Q4 24
$99.8M
$171.5M
Q3 24
$100.4M
$167.4M
Q2 24
$99.5M
$162.4M
Q1 24
$99.3M
$159.9M
Total Assets
INTT
INTT
MRBK
MRBK
Q4 25
$151.3M
$2.6B
Q3 25
$148.3M
$2.5B
Q2 25
$149.7M
$2.5B
Q1 25
$148.0M
$2.5B
Q4 24
$152.3M
$2.4B
Q3 24
$158.4M
$2.4B
Q2 24
$160.6M
$2.4B
Q1 24
$159.5M
$2.3B
Debt / Equity
INTT
INTT
MRBK
MRBK
Q4 25
Q3 25
0.05×
Q2 25
0.06×
Q1 25
0.07×
Q4 24
0.08×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.11×

Cash Flow & Capital Efficiency

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

Metric
INTT
INTT
MRBK
MRBK
Operating Cash FlowLast quarter
$-1.0M
$24.3M
Free Cash FlowOCF − Capex
$-1.6M
$22.6M
FCF MarginFCF / Revenue
-4.7%
65.9%
Capex IntensityCapex / Revenue
1.6%
5.1%
Cash ConversionOCF / Net Profit
-0.82×
3.38×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$51.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INTT
INTT
MRBK
MRBK
Q4 25
$-1.0M
$24.3M
Q3 25
$3.5M
$24.4M
Q2 25
$-688.0K
$-12.0M
Q1 25
$5.5M
$18.1M
Q4 24
$2.6M
$9.6M
Q3 24
$4.2M
$31.2M
Q2 24
$-5.1M
$-19.2M
Q1 24
$2.1M
$-1.7M
Free Cash Flow
INTT
INTT
MRBK
MRBK
Q4 25
$-1.6M
$22.6M
Q3 25
$3.1M
$24.0M
Q2 25
$-1.1M
$-12.7M
Q1 25
$5.3M
$17.9M
Q4 24
$2.4M
$9.0M
Q3 24
$3.7M
$29.5M
Q2 24
$-5.4M
$-19.3M
Q1 24
$1.7M
$-3.6M
FCF Margin
INTT
INTT
MRBK
MRBK
Q4 25
-4.7%
65.9%
Q3 25
11.8%
72.4%
Q2 25
-4.1%
-39.1%
Q1 25
19.9%
65.9%
Q4 24
6.6%
27.7%
Q3 24
12.4%
101.4%
Q2 24
-15.9%
-73.8%
Q1 24
5.8%
-14.7%
Capex Intensity
INTT
INTT
MRBK
MRBK
Q4 25
1.6%
5.1%
Q3 25
1.6%
1.4%
Q2 25
1.6%
1.9%
Q1 25
0.9%
1.0%
Q4 24
0.4%
1.7%
Q3 24
1.7%
6.0%
Q2 24
0.9%
0.2%
Q1 24
1.1%
7.8%
Cash Conversion
INTT
INTT
MRBK
MRBK
Q4 25
-0.82×
3.38×
Q3 25
3.66×
Q2 25
-2.15×
Q1 25
7.55×
Q4 24
1.72×
1.71×
Q3 24
8.58×
6.58×
Q2 24
-22.13×
-5.78×
Q1 24
3.13×
-0.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INTT
INTT

Environmental Technologies$8.3M25%
Semiconductor Market$6.9M21%
Thermal Testing Products$6.4M19%
Service And Other Products$4.8M15%
Oem Integrators And Distributor$3.5M11%
Semiconductor Production Test Products$3.0M9%

MRBK
MRBK

Segment breakdown not available.

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