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Side-by-side financial comparison of MASIMO CORP (MASI) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.

MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $333.4M, roughly 1.1× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs -27.0%, a 44.0% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs -17.7%).

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

MASI vs PRAA — Head-to-Head

Bigger by revenue
MASI
MASI
1.1× larger
MASI
$371.5M
$333.4M
PRAA
Growing faster (revenue YoY)
PRAA
PRAA
+40.1% gap
PRAA
13.7%
-26.4%
MASI
Higher net margin
PRAA
PRAA
44.0% more per $
PRAA
17.0%
-27.0%
MASI
More free cash flow
MASI
MASI
$141.3M more FCF
MASI
$50.9M
$-90.4M
PRAA
Faster 2-yr revenue CAGR
PRAA
PRAA
Annualised
PRAA
14.2%
-17.7%
MASI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MASI
MASI
PRAA
PRAA
Revenue
$371.5M
$333.4M
Net Profit
$-100.4M
$56.5M
Gross Margin
62.1%
Operating Margin
22.5%
37.7%
Net Margin
-27.0%
17.0%
Revenue YoY
-26.4%
13.7%
Net Profit YoY
-1124.5%
206.3%
EPS (diluted)
$-1.84
$1.47

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
MASI
MASI
PRAA
PRAA
Q4 25
$333.4M
Q3 25
$371.5M
$311.1M
Q2 25
$370.9M
$287.7M
Q1 25
$372.0M
$269.6M
Q4 24
$600.7M
$293.2M
Q3 24
$504.6M
$281.5M
Q2 24
$496.3M
$284.2M
Q1 24
$492.8M
$255.6M
Net Profit
MASI
MASI
PRAA
PRAA
Q4 25
$56.5M
Q3 25
$-100.4M
$-407.7M
Q2 25
$51.3M
$42.4M
Q1 25
$-170.7M
$3.7M
Q4 24
$-349.6M
$18.5M
Q3 24
$9.8M
$27.2M
Q2 24
$16.0M
$21.5M
Q1 24
$18.9M
$3.5M
Gross Margin
MASI
MASI
PRAA
PRAA
Q4 25
Q3 25
62.1%
Q2 25
62.9%
Q1 25
62.9%
Q4 24
40.7%
Q3 24
52.2%
Q2 24
51.3%
Q1 24
49.0%
Operating Margin
MASI
MASI
PRAA
PRAA
Q4 25
37.7%
Q3 25
22.5%
-101.4%
Q2 25
17.4%
29.6%
Q1 25
21.0%
27.7%
Q4 24
-59.8%
32.1%
Q3 24
6.0%
32.0%
Q2 24
5.7%
31.4%
Q1 24
6.9%
26.0%
Net Margin
MASI
MASI
PRAA
PRAA
Q4 25
17.0%
Q3 25
-27.0%
-131.0%
Q2 25
13.8%
14.7%
Q1 25
-45.9%
1.4%
Q4 24
-58.2%
6.3%
Q3 24
1.9%
9.6%
Q2 24
3.2%
7.6%
Q1 24
3.8%
1.4%
EPS (diluted)
MASI
MASI
PRAA
PRAA
Q4 25
$1.47
Q3 25
$-1.84
$-10.43
Q2 25
$0.94
$1.08
Q1 25
$-3.12
$0.09
Q4 24
$-6.54
$0.47
Q3 24
$0.18
$0.69
Q2 24
$0.29
$0.54
Q1 24
$0.35
$0.09

Balance Sheet & Financial Strength

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

Metric
MASI
MASI
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$312.3M
$104.4M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$810.0M
$979.9M
Total Assets
$1.8B
$5.1B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MASI
MASI
PRAA
PRAA
Q4 25
$104.4M
Q3 25
$312.3M
$107.5M
Q2 25
$149.6M
$131.6M
Q1 25
$130.8M
$128.7M
Q4 24
$177.6M
$105.9M
Q3 24
$158.5M
$141.1M
Q2 24
$129.6M
$118.9M
Q1 24
$157.6M
$108.1M
Total Debt
MASI
MASI
PRAA
PRAA
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
MASI
MASI
PRAA
PRAA
Q4 25
$979.9M
Q3 25
$810.0M
$928.5M
Q2 25
$1.0B
$1.3B
Q1 25
$946.4M
$1.2B
Q4 24
$1.1B
$1.1B
Q3 24
$1.5B
$1.2B
Q2 24
$1.4B
$1.1B
Q1 24
$1.4B
$1.1B
Total Assets
MASI
MASI
PRAA
PRAA
Q4 25
$5.1B
Q3 25
$1.8B
$5.0B
Q2 25
$2.4B
$5.4B
Q1 25
$2.3B
$5.1B
Q4 24
$2.6B
$4.9B
Q3 24
$3.1B
$4.9B
Q2 24
$2.9B
$4.7B
Q1 24
$3.0B
$4.5B
Debt / Equity
MASI
MASI
PRAA
PRAA
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
0.64×

Cash Flow & Capital Efficiency

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

Metric
MASI
MASI
PRAA
PRAA
Operating Cash FlowLast quarter
$56.8M
$-85.5M
Free Cash FlowOCF − Capex
$50.9M
$-90.4M
FCF MarginFCF / Revenue
13.7%
-27.1%
Capex IntensityCapex / Revenue
1.6%
1.4%
Cash ConversionOCF / Net Profit
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$191.0M
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MASI
MASI
PRAA
PRAA
Q4 25
$-85.5M
Q3 25
$56.8M
$-10.1M
Q2 25
$69.4M
$-12.9M
Q1 25
$31.1M
$-52.6M
Q4 24
$50.5M
$-94.6M
Q3 24
$25.6M
$-35.0M
Q2 24
$74.5M
$-29.5M
Q1 24
$45.8M
$-73.0M
Free Cash Flow
MASI
MASI
PRAA
PRAA
Q4 25
$-90.4M
Q3 25
$50.9M
$-11.3M
Q2 25
$65.6M
$-14.2M
Q1 25
$28.5M
$-53.5M
Q4 24
$46.0M
$-98.6M
Q3 24
$16.9M
$-36.1M
Q2 24
$66.9M
$-30.8M
Q1 24
$37.6M
$-73.5M
FCF Margin
MASI
MASI
PRAA
PRAA
Q4 25
-27.1%
Q3 25
13.7%
-3.6%
Q2 25
17.7%
-4.9%
Q1 25
7.7%
-19.8%
Q4 24
7.7%
-33.6%
Q3 24
3.3%
-12.8%
Q2 24
13.5%
-10.8%
Q1 24
7.6%
-28.8%
Capex Intensity
MASI
MASI
PRAA
PRAA
Q4 25
1.4%
Q3 25
1.6%
0.4%
Q2 25
1.0%
0.4%
Q1 25
0.7%
0.3%
Q4 24
0.7%
1.4%
Q3 24
1.7%
0.4%
Q2 24
1.5%
0.5%
Q1 24
1.7%
0.2%
Cash Conversion
MASI
MASI
PRAA
PRAA
Q4 25
-1.51×
Q3 25
Q2 25
1.35×
-0.30×
Q1 25
-14.37×
Q4 24
-5.13×
Q3 24
2.61×
-1.29×
Q2 24
4.66×
-1.37×
Q1 24
2.42×
-21.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MASI
MASI

Segment breakdown not available.

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

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