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Side-by-side financial comparison of MASIMO CORP (MASI) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $207.0M, roughly 1.8× ONE Group Hospitality, Inc.). ONE Group Hospitality, Inc. runs the higher net margin — -3.1% vs -27.0%, a 23.9% gap on every dollar of revenue. On growth, ONE Group Hospitality, Inc. posted the faster year-over-year revenue change (-6.7% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% 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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
MASI vs STKS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $371.5M | $207.0M |
| Net Profit | $-100.4M | $-6.4M |
| Gross Margin | 62.1% | — |
| Operating Margin | 22.5% | 2.2% |
| Net Margin | -27.0% | -3.1% |
| Revenue YoY | -26.4% | -6.7% |
| Net Profit YoY | -1124.5% | -531.8% |
| EPS (diluted) | $-1.84 | $-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.
| Q4 25 | — | $207.0M | ||
| Q3 25 | $371.5M | $180.2M | ||
| Q2 25 | $370.9M | $207.4M | ||
| Q1 25 | $372.0M | $211.1M | ||
| Q4 24 | $600.7M | $221.9M | ||
| Q3 24 | $504.6M | $194.0M | ||
| Q2 24 | $496.3M | $172.5M | ||
| Q1 24 | $492.8M | $85.0M |
| Q4 25 | — | $-6.4M | ||
| Q3 25 | $-100.4M | $-76.7M | ||
| Q2 25 | $51.3M | $-10.1M | ||
| Q1 25 | $-170.7M | $975.0K | ||
| Q4 24 | $-349.6M | $1.5M | ||
| Q3 24 | $9.8M | $-9.3M | ||
| Q2 24 | $16.0M | $-7.3M | ||
| Q1 24 | $18.9M | $-2.1M |
| 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% | — |
| Q4 25 | — | 2.2% | ||
| Q3 25 | 22.5% | -4.4% | ||
| Q2 25 | 17.4% | 0.3% | ||
| Q1 25 | 21.0% | 5.1% | ||
| Q4 24 | -59.8% | 5.5% | ||
| Q3 24 | 6.0% | -1.9% | ||
| Q2 24 | 5.7% | 0.6% | ||
| Q1 24 | 6.9% | -0.7% |
| Q4 25 | — | -3.1% | ||
| Q3 25 | -27.0% | -42.6% | ||
| Q2 25 | 13.8% | -4.9% | ||
| Q1 25 | -45.9% | 0.5% | ||
| Q4 24 | -58.2% | 0.7% | ||
| Q3 24 | 1.9% | -4.8% | ||
| Q2 24 | 3.2% | -4.3% | ||
| Q1 24 | 3.8% | -2.4% |
| Q4 25 | — | $-0.50 | ||
| Q3 25 | $-1.84 | $-2.75 | ||
| Q2 25 | $0.94 | $-0.59 | ||
| Q1 25 | $-3.12 | $-0.21 | ||
| Q4 24 | $-6.54 | $-0.18 | ||
| Q3 24 | $0.18 | $-0.53 | ||
| Q2 24 | $0.29 | $-0.38 | ||
| Q1 24 | $0.35 | $-0.07 |
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 | $4.2M |
| Total DebtLower is stronger | $559.1M | $354.2M |
| Stockholders' EquityBook value | $810.0M | $-75.8M |
| Total Assets | $1.8B | $884.2M |
| Debt / EquityLower = less leverage | 0.69× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.2M | ||
| Q3 25 | $312.3M | $5.5M | ||
| Q2 25 | $149.6M | $4.7M | ||
| Q1 25 | $130.8M | $21.4M | ||
| Q4 24 | $177.6M | $27.6M | ||
| Q3 24 | $158.5M | $28.2M | ||
| Q2 24 | $129.6M | $32.2M | ||
| Q1 24 | $157.6M | $15.4M |
| Q4 25 | — | $354.2M | ||
| Q3 25 | $559.1M | $355.0M | ||
| Q2 25 | $613.7M | $347.4M | ||
| Q1 25 | $651.0M | $348.3M | ||
| Q4 24 | $765.2M | $348.3M | ||
| Q3 24 | $772.6M | $349.1M | ||
| Q2 24 | $781.6M | $350.0M | ||
| Q1 24 | $876.0M | $73.5M |
| Q4 25 | — | $-75.8M | ||
| Q3 25 | $810.0M | $-61.5M | ||
| Q2 25 | $1.0B | $23.0M | ||
| Q1 25 | $946.4M | $40.5M | ||
| Q4 24 | $1.1B | $45.9M | ||
| Q3 24 | $1.5B | $51.4M | ||
| Q2 24 | $1.4B | $68.1M | ||
| Q1 24 | $1.4B | $68.3M |
| Q4 25 | — | $884.2M | ||
| Q3 25 | $1.8B | $879.5M | ||
| Q2 25 | $2.4B | $935.7M | ||
| Q1 25 | $2.3B | $956.0M | ||
| Q4 24 | $2.6B | $960.1M | ||
| Q3 24 | $3.1B | $953.5M | ||
| Q2 24 | $2.9B | $945.9M | ||
| Q1 24 | $3.0B | $309.3M |
| Q4 25 | — | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.59× | 15.07× | ||
| Q1 25 | 0.69× | 8.61× | ||
| Q4 24 | 0.73× | 7.59× | ||
| Q3 24 | 0.53× | 6.79× | ||
| Q2 24 | 0.57× | 5.14× | ||
| Q1 24 | 0.64× | 1.08× |
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 | $13.1M |
| Free Cash FlowOCF − Capex | $50.9M | $-329.0K |
| FCF MarginFCF / Revenue | 13.7% | -0.2% |
| Capex IntensityCapex / Revenue | 1.6% | 6.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $191.0M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $13.1M | ||
| Q3 25 | $56.8M | $5.9M | ||
| Q2 25 | $69.4M | $2.8M | ||
| Q1 25 | $31.1M | $8.5M | ||
| Q4 24 | $50.5M | $18.5M | ||
| Q3 24 | $25.6M | $19.1M | ||
| Q2 24 | $74.5M | $-3.8M | ||
| Q1 24 | $45.8M | $10.4M |
| Q4 25 | — | $-329.0K | ||
| Q3 25 | $50.9M | $-6.1M | ||
| Q2 25 | $65.6M | $-15.0M | ||
| Q1 25 | $28.5M | $-5.8M | ||
| Q4 24 | $46.0M | $733.0K | ||
| Q3 24 | $16.9M | $287.0K | ||
| Q2 24 | $66.9M | $-23.0M | ||
| Q1 24 | $37.6M | $-5.4M |
| Q4 25 | — | -0.2% | ||
| Q3 25 | 13.7% | -3.4% | ||
| Q2 25 | 17.7% | -7.2% | ||
| Q1 25 | 7.7% | -2.7% | ||
| Q4 24 | 7.7% | 0.3% | ||
| Q3 24 | 3.3% | 0.1% | ||
| Q2 24 | 13.5% | -13.3% | ||
| Q1 24 | 7.6% | -6.4% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | 1.6% | 6.7% | ||
| Q2 25 | 1.0% | 8.6% | ||
| Q1 25 | 0.7% | 6.8% | ||
| Q4 24 | 0.7% | 8.0% | ||
| Q3 24 | 1.7% | 9.7% | ||
| Q2 24 | 1.5% | 11.1% | ||
| Q1 24 | 1.7% | 18.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | — | 8.76× | ||
| Q4 24 | — | 12.54× | ||
| 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.
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
