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Side-by-side financial comparison of MASIMO CORP (MASI) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $287.8M, roughly 1.3× QUINSTREET, INC). QUINSTREET, INC runs the higher net margin — 17.4% vs -27.0%, a 44.5% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $20.7M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% 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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
MASI vs QNST — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $371.5M | $287.8M |
| Net Profit | $-100.4M | $50.2M |
| Gross Margin | 62.1% | 9.6% |
| Operating Margin | 22.5% | 0.4% |
| Net Margin | -27.0% | 17.4% |
| Revenue YoY | -26.4% | 1.9% |
| Net Profit YoY | -1124.5% | 3342.5% |
| EPS (diluted) | $-1.84 | $0.87 |
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.
| Q4 25 | — | $287.8M | ||
| Q3 25 | $371.5M | $285.9M | ||
| Q2 25 | $370.9M | — | ||
| Q1 25 | $372.0M | $269.8M | ||
| Q4 24 | $600.7M | $282.6M | ||
| Q3 24 | $504.6M | $279.2M | ||
| Q2 24 | $496.3M | $198.3M | ||
| Q1 24 | $492.8M | $168.6M |
| Q4 25 | — | $50.2M | ||
| Q3 25 | $-100.4M | $4.5M | ||
| Q2 25 | $51.3M | — | ||
| Q1 25 | $-170.7M | $4.4M | ||
| Q4 24 | $-349.6M | $-1.5M | ||
| Q3 24 | $9.8M | $-1.4M | ||
| Q2 24 | $16.0M | $-2.2M | ||
| Q1 24 | $18.9M | $-7.0M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | 62.1% | 9.4% | ||
| Q2 25 | 62.9% | — | ||
| Q1 25 | 62.9% | 10.3% | ||
| Q4 24 | 40.7% | 9.5% | ||
| Q3 24 | 52.2% | 10.2% | ||
| Q2 24 | 51.3% | 8.8% | ||
| Q1 24 | 49.0% | 8.5% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | 22.5% | 1.7% | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 21.0% | 1.8% | ||
| Q4 24 | -59.8% | -0.5% | ||
| Q3 24 | 6.0% | -0.4% | ||
| Q2 24 | 5.7% | -0.7% | ||
| Q1 24 | 6.9% | -3.2% |
| Q4 25 | — | 17.4% | ||
| Q3 25 | -27.0% | 1.6% | ||
| Q2 25 | 13.8% | — | ||
| Q1 25 | -45.9% | 1.6% | ||
| Q4 24 | -58.2% | -0.5% | ||
| Q3 24 | 1.9% | -0.5% | ||
| Q2 24 | 3.2% | -1.1% | ||
| Q1 24 | 3.8% | -4.2% |
| Q4 25 | — | $0.87 | ||
| Q3 25 | $-1.84 | $0.08 | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $-3.12 | $0.08 | ||
| Q4 24 | $-6.54 | $-0.03 | ||
| Q3 24 | $0.18 | $-0.02 | ||
| Q2 24 | $0.29 | $-0.04 | ||
| Q1 24 | $0.35 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $312.3M | $107.0M |
| Total DebtLower is stronger | $559.1M | — |
| Stockholders' EquityBook value | $810.0M | $294.4M |
| Total Assets | $1.8B | $493.0M |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $107.0M | ||
| Q3 25 | $312.3M | $101.3M | ||
| Q2 25 | $149.6M | — | ||
| Q1 25 | $130.8M | $81.8M | ||
| Q4 24 | $177.6M | $57.8M | ||
| Q3 24 | $158.5M | $25.0M | ||
| Q2 24 | $129.6M | $50.5M | ||
| Q1 24 | $157.6M | $39.6M |
| 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 | — |
| Q4 25 | — | $294.4M | ||
| Q3 25 | $810.0M | $246.7M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $946.4M | $235.5M | ||
| Q4 24 | $1.1B | $224.3M | ||
| Q3 24 | $1.5B | $219.8M | ||
| Q2 24 | $1.4B | $216.8M | ||
| Q1 24 | $1.4B | $215.0M |
| Q4 25 | — | $493.0M | ||
| Q3 25 | $1.8B | $442.6M | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | $417.2M | ||
| Q4 24 | $2.6B | $409.6M | ||
| Q3 24 | $3.1B | $401.2M | ||
| Q2 24 | $2.9B | $368.5M | ||
| Q1 24 | $3.0B | $349.3M |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $56.8M | $21.6M |
| Free Cash FlowOCF − Capex | $50.9M | $20.7M |
| FCF MarginFCF / Revenue | 13.7% | 7.2% |
| Capex IntensityCapex / Revenue | 1.6% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.6M | ||
| Q3 25 | $56.8M | $19.6M | ||
| Q2 25 | $69.4M | — | ||
| Q1 25 | $31.1M | $30.1M | ||
| Q4 24 | $50.5M | $38.7M | ||
| Q3 24 | $25.6M | $-13.7M | ||
| Q2 24 | $74.5M | $16.6M | ||
| Q1 24 | $45.8M | $4.1M |
| Q4 25 | — | $20.7M | ||
| Q3 25 | $50.9M | $18.4M | ||
| Q2 25 | $65.6M | — | ||
| Q1 25 | $28.5M | $29.5M | ||
| Q4 24 | $46.0M | $38.2M | ||
| Q3 24 | $16.9M | $-14.1M | ||
| Q2 24 | $66.9M | $15.4M | ||
| Q1 24 | $37.6M | $2.9M |
| Q4 25 | — | 7.2% | ||
| Q3 25 | 13.7% | 6.4% | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 7.7% | 10.9% | ||
| Q4 24 | 7.7% | 13.5% | ||
| Q3 24 | 3.3% | -5.1% | ||
| Q2 24 | 13.5% | 7.8% | ||
| Q1 24 | 7.6% | 1.7% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 1.6% | 0.4% | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.7% | 0.2% | ||
| Q4 24 | 0.7% | 0.2% | ||
| Q3 24 | 1.7% | 0.2% | ||
| Q2 24 | 1.5% | 0.6% | ||
| Q1 24 | 1.7% | 0.7% |
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | — | 6.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.61× | — | ||
| Q2 24 | 4.66× | — | ||
| Q1 24 | 2.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MASI
Segment breakdown not available.
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |