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Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.

MEDALLION FINANCIAL CORP is the larger business by last-quarter revenue ($70.6M vs $55.4M, roughly 1.3× Lifeway Foods, Inc.). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 4.6%, a 12.7% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 18.0%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs 11.4%).

Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

LWAY vs MFIN — Head-to-Head

Bigger by revenue
MFIN
MFIN
1.3× larger
MFIN
$70.6M
$55.4M
LWAY
Growing faster (revenue YoY)
MFIN
MFIN
+7.5% gap
MFIN
25.4%
18.0%
LWAY
Higher net margin
MFIN
MFIN
12.7% more per $
MFIN
17.3%
4.6%
LWAY
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
11.4%
LWAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LWAY
LWAY
MFIN
MFIN
Revenue
$55.4M
$70.6M
Net Profit
$2.5M
$12.2M
Gross Margin
27.8%
Operating Margin
6.8%
29.3%
Net Margin
4.6%
17.3%
Revenue YoY
18.0%
25.4%
Net Profit YoY
1688.1%
20.3%
EPS (diluted)
$0.15
$0.50

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
LWAY
LWAY
MFIN
MFIN
Q4 25
$55.4M
$70.6M
Q3 25
$57.1M
$58.7M
Q2 25
$53.9M
$62.6M
Q1 25
$46.1M
$63.0M
Q4 24
$46.9M
$56.3M
Q3 24
$46.1M
$53.3M
Q2 24
$49.2M
$51.0M
Q1 24
$44.6M
$53.3M
Net Profit
LWAY
LWAY
MFIN
MFIN
Q4 25
$2.5M
$12.2M
Q3 25
$3.5M
$7.8M
Q2 25
$4.2M
$11.1M
Q1 25
$3.5M
$12.0M
Q4 24
$-160.0K
$10.1M
Q3 24
$3.0M
$8.6M
Q2 24
$3.8M
$7.1M
Q1 24
$2.4M
$10.0M
Gross Margin
LWAY
LWAY
MFIN
MFIN
Q4 25
27.8%
Q3 25
28.7%
Q2 25
28.6%
Q1 25
23.9%
Q4 24
25.3%
Q3 24
25.7%
Q2 24
27.0%
Q1 24
25.8%
Operating Margin
LWAY
LWAY
MFIN
MFIN
Q4 25
6.8%
29.3%
Q3 25
8.8%
33.2%
Q2 25
10.8%
31.1%
Q1 25
3.4%
32.1%
Q4 24
1.5%
32.8%
Q3 24
9.1%
26.6%
Q2 24
11.0%
24.3%
Q1 24
8.0%
33.6%
Net Margin
LWAY
LWAY
MFIN
MFIN
Q4 25
4.6%
17.3%
Q3 25
6.2%
13.2%
Q2 25
7.9%
17.7%
Q1 25
7.7%
19.1%
Q4 24
-0.3%
18.0%
Q3 24
6.5%
16.1%
Q2 24
7.7%
13.9%
Q1 24
5.4%
18.8%
EPS (diluted)
LWAY
LWAY
MFIN
MFIN
Q4 25
$0.15
$0.50
Q3 25
$0.23
$0.32
Q2 25
$0.28
$0.46
Q1 25
$0.23
$0.50
Q4 24
$0.00
$0.43
Q3 24
$0.19
$0.37
Q2 24
$0.25
$0.30
Q1 24
$0.16
$0.42

Balance Sheet & Financial Strength

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

Metric
LWAY
LWAY
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$5.6M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$85.8M
$408.6M
Total Assets
$105.6M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
MFIN
MFIN
Q4 25
$5.6M
$136.3M
Q3 25
$23.0M
$72.5M
Q2 25
$21.2M
$110.4M
Q1 25
$19.4M
$131.5M
Q4 24
$16.7M
$98.2M
Q3 24
$20.6M
$120.6M
Q2 24
$14.6M
$87.7M
Q1 24
$12.0M
$54.8M
Total Debt
LWAY
LWAY
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$2.5M
$225.6M
Stockholders' Equity
LWAY
LWAY
MFIN
MFIN
Q4 25
$85.8M
$408.6M
Q3 25
$82.8M
$397.4M
Q2 25
$78.7M
$389.9M
Q1 25
$74.2M
$380.2M
Q4 24
$71.9M
$370.2M
Q3 24
$71.5M
$362.4M
Q2 24
$68.0M
$354.0M
Q1 24
$63.5M
$349.0M
Total Assets
LWAY
LWAY
MFIN
MFIN
Q4 25
$105.6M
$3.0B
Q3 25
$109.5M
$2.9B
Q2 25
$98.3M
$2.9B
Q1 25
$93.7M
$2.8B
Q4 24
$90.5M
$2.9B
Q3 24
$91.3M
$2.9B
Q2 24
$84.9M
$2.8B
Q1 24
$82.8M
$2.6B
Debt / Equity
LWAY
LWAY
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.04×
0.65×

Cash Flow & Capital Efficiency

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

Metric
LWAY
LWAY
MFIN
MFIN
Operating Cash FlowLast quarter
$267.0K
$126.3M
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.5%
Capex IntensityCapex / Revenue
31.9%
Cash ConversionOCF / Net Profit
0.11×
10.35×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
MFIN
MFIN
Q4 25
$267.0K
$126.3M
Q3 25
$6.9M
$67.0M
Q2 25
$3.9M
$-10.7M
Q1 25
$-150.0K
$36.3M
Q4 24
$-2.6M
$108.7M
Q3 24
$7.5M
$24.6M
Q2 24
$6.5M
$27.6M
Q1 24
$1.5M
$32.3M
Free Cash Flow
LWAY
LWAY
MFIN
MFIN
Q4 25
$-17.4M
Q3 25
$1.8M
Q2 25
$1.6M
Q1 25
$-2.4M
Q4 24
$-3.8M
Q3 24
$5.9M
Q2 24
$5.1M
Q1 24
$-923.0K
FCF Margin
LWAY
LWAY
MFIN
MFIN
Q4 25
-31.5%
Q3 25
3.1%
Q2 25
3.0%
Q1 25
-5.1%
Q4 24
-8.2%
Q3 24
12.8%
Q2 24
10.4%
Q1 24
-2.1%
Capex Intensity
LWAY
LWAY
MFIN
MFIN
Q4 25
31.9%
Q3 25
9.0%
Q2 25
4.3%
Q1 25
4.8%
Q4 24
2.7%
Q3 24
3.3%
Q2 24
2.9%
Q1 24
5.5%
Cash Conversion
LWAY
LWAY
MFIN
MFIN
Q4 25
0.11×
10.35×
Q3 25
1.96×
8.63×
Q2 25
0.92×
-0.97×
Q1 25
-0.04×
3.02×
Q4 24
10.72×
Q3 24
2.50×
2.86×
Q2 24
1.73×
3.89×
Q1 24
0.64×
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LWAY
LWAY

Drinkable Kefirotherthan Pro Bugs$47.8M86%
Cheese$4.7M8%
Cream And Other$1.7M3%
Other$1.2M2%

MFIN
MFIN

Segment breakdown not available.

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