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Side-by-side financial comparison of MASIMO CORP (MASI) and BOSTON BEER CO INC (SAM). Click either name above to swap in a different company.
BOSTON BEER CO INC is the larger business by last-quarter revenue ($461.6M vs $371.5M, roughly 1.2× MASIMO CORP). On growth, BOSTON BEER CO INC posted the faster year-over-year revenue change (-4.1% vs -26.4%). Over the past eight quarters, BOSTON BEER CO INC's revenue compounded faster (-10.7% 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.
The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.
MASI vs SAM — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $371.5M | $461.6M |
| Net Profit | $-100.4M | — |
| Gross Margin | 62.1% | 46.4% |
| Operating Margin | 22.5% | 12.4% |
| Net Margin | -27.0% | — |
| Revenue YoY | -26.4% | -4.1% |
| Net Profit YoY | -1124.5% | — |
| EPS (diluted) | $-1.84 | $2.16 |
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.
| Q1 26 | — | $461.6M | ||
| Q4 25 | — | $385.7M | ||
| Q3 25 | $371.5M | $537.5M | ||
| Q2 25 | $370.9M | $587.9M | ||
| Q1 25 | $372.0M | $453.9M | ||
| Q4 24 | $600.7M | $402.3M | ||
| Q3 24 | $504.6M | $605.5M | ||
| Q2 24 | $496.3M | $579.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-22.5M | ||
| Q3 25 | $-100.4M | $46.2M | ||
| Q2 25 | $51.3M | $60.4M | ||
| Q1 25 | $-170.7M | $24.4M | ||
| Q4 24 | $-349.6M | $-38.8M | ||
| Q3 24 | $9.8M | $33.5M | ||
| Q2 24 | $16.0M | $52.3M |
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | 62.1% | 50.8% | ||
| Q2 25 | 62.9% | 49.8% | ||
| Q1 25 | 62.9% | 48.3% | ||
| Q4 24 | 40.7% | 39.9% | ||
| Q3 24 | 52.2% | 46.3% | ||
| Q2 24 | 51.3% | 46.0% |
| Q1 26 | — | 12.4% | ||
| Q4 25 | — | -8.6% | ||
| Q3 25 | 22.5% | 11.5% | ||
| Q2 25 | 17.4% | 14.0% | ||
| Q1 25 | 21.0% | 7.4% | ||
| Q4 24 | -59.8% | -13.9% | ||
| Q3 24 | 6.0% | 7.6% | ||
| Q2 24 | 5.7% | 12.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | -5.8% | ||
| Q3 25 | -27.0% | 8.6% | ||
| Q2 25 | 13.8% | 10.3% | ||
| Q1 25 | -45.9% | 5.4% | ||
| Q4 24 | -58.2% | -9.6% | ||
| Q3 24 | 1.9% | 5.5% | ||
| Q2 24 | 3.2% | 9.0% |
| Q1 26 | — | $2.16 | ||
| Q4 25 | — | $-1.97 | ||
| Q3 25 | $-1.84 | $4.25 | ||
| Q2 25 | $0.94 | $5.45 | ||
| Q1 25 | $-3.12 | $2.16 | ||
| Q4 24 | $-6.54 | $-3.23 | ||
| Q3 24 | $0.18 | $2.86 | ||
| Q2 24 | $0.29 | $4.39 |
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 | $164.1M |
| Total DebtLower is stronger | $559.1M | — |
| Stockholders' EquityBook value | $810.0M | $682.6M |
| Total Assets | $1.8B | $1.2B |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $164.1M | ||
| Q4 25 | — | $223.4M | ||
| Q3 25 | $312.3M | $250.5M | ||
| Q2 25 | $149.6M | $212.4M | ||
| Q1 25 | $130.8M | $152.5M | ||
| Q4 24 | $177.6M | $211.8M | ||
| Q3 24 | $158.5M | $255.6M | ||
| Q2 24 | $129.6M | $219.3M |
| Q1 26 | — | — | ||
| 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 26 | — | $682.6M | ||
| Q4 25 | — | $846.3M | ||
| Q3 25 | $810.0M | $911.0M | ||
| Q2 25 | $1.0B | $912.3M | ||
| Q1 25 | $946.4M | $897.0M | ||
| Q4 24 | $1.1B | $916.2M | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.4B | $1.0B |
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $2.4B | $1.3B | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $2.9B | $1.4B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $50.9M | — |
| FCF MarginFCF / Revenue | 13.7% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $39.9M | ||
| Q3 25 | $56.8M | $101.8M | ||
| Q2 25 | $69.4M | $126.5M | ||
| Q1 25 | $31.1M | $1.9M | ||
| Q4 24 | $50.5M | $41.9M | ||
| Q3 24 | $25.6M | $115.9M | ||
| Q2 24 | $74.5M | $96.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | $50.9M | $89.2M | ||
| Q2 25 | $65.6M | $112.2M | ||
| Q1 25 | $28.5M | $-8.0M | ||
| Q4 24 | $46.0M | $18.4M | ||
| Q3 24 | $16.9M | $99.2M | ||
| Q2 24 | $66.9M | $75.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | 13.7% | 16.6% | ||
| Q2 25 | 17.7% | 19.1% | ||
| Q1 25 | 7.7% | -1.8% | ||
| Q4 24 | 7.7% | 4.6% | ||
| Q3 24 | 3.3% | 16.4% | ||
| Q2 24 | 13.5% | 13.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | 1.6% | 2.3% | ||
| Q2 25 | 1.0% | 2.4% | ||
| Q1 25 | 0.7% | 2.2% | ||
| Q4 24 | 0.7% | 5.8% | ||
| Q3 24 | 1.7% | 2.8% | ||
| Q2 24 | 1.5% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | 1.35× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.61× | 3.46× | ||
| Q2 24 | 4.66× | 1.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
