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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, 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

Bigger by revenue
MASI
MASI
1.3× larger
MASI
$371.5M
$287.8M
QNST
Growing faster (revenue YoY)
QNST
QNST
+28.2% gap
QNST
1.9%
-26.4%
MASI
Higher net margin
QNST
QNST
44.5% more per $
QNST
17.4%
-27.0%
MASI
More free cash flow
MASI
MASI
$30.2M more FCF
MASI
$50.9M
$20.7M
QNST
Faster 2-yr revenue CAGR
QNST
QNST
Annualised
QNST
53.2%
-17.7%
MASI

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
MASI
MASI
QNST
QNST
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.

Revenue
MASI
MASI
QNST
QNST
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
Net Profit
MASI
MASI
QNST
QNST
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
Gross Margin
MASI
MASI
QNST
QNST
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%
Operating Margin
MASI
MASI
QNST
QNST
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%
Net Margin
MASI
MASI
QNST
QNST
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%
EPS (diluted)
MASI
MASI
QNST
QNST
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
MASI
MASI
QNST
QNST
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.

Cash + ST Investments
MASI
MASI
QNST
QNST
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
Total Debt
MASI
MASI
QNST
QNST
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
QNST
QNST
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
Total Assets
MASI
MASI
QNST
QNST
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
Debt / Equity
MASI
MASI
QNST
QNST
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
QNST
QNST
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.

Operating Cash Flow
MASI
MASI
QNST
QNST
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
Free Cash Flow
MASI
MASI
QNST
QNST
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
FCF Margin
MASI
MASI
QNST
QNST
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%
Capex Intensity
MASI
MASI
QNST
QNST
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%
Cash Conversion
MASI
MASI
QNST
QNST
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
MASI

Segment breakdown not available.

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

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