vs

Side-by-side financial comparison of MARCHEX INC (MCHX) and PRO DEX INC (PDEX). Click either name above to swap in a different company.

PRO DEX INC is the larger business by last-quarter revenue ($18.7M vs $10.8M, roughly 1.7× MARCHEX INC). PRO DEX INC runs the higher net margin — 11.7% vs -21.4%, a 33.1% gap on every dollar of revenue. On growth, PRO DEX INC posted the faster year-over-year revenue change (11.1% vs -9.0%). Over the past eight quarters, PRO DEX INC's revenue compounded faster (14.3% CAGR vs -3.2%).

Marchex Inc. is a U.S.-headquartered technology company focused on conversational analytics, call tracking, and digital marketing solutions for small and medium-sized businesses as well as enterprise clients across North America. Its core products help businesses optimize customer acquisition strategies, quantify marketing campaign performance, and improve customer engagement across voice and digital communication channels.

Pro Dex Inc is a precision manufacturing enterprise that produces custom machined components, subassemblies and finished products primarily for medical device original equipment manufacturers, as well as clients in the aerospace and industrial sectors, with its core operating market covering North America.

MCHX vs PDEX — Head-to-Head

Bigger by revenue
PDEX
PDEX
1.7× larger
PDEX
$18.7M
$10.8M
MCHX
Growing faster (revenue YoY)
PDEX
PDEX
+20.1% gap
PDEX
11.1%
-9.0%
MCHX
Higher net margin
PDEX
PDEX
33.1% more per $
PDEX
11.7%
-21.4%
MCHX
Faster 2-yr revenue CAGR
PDEX
PDEX
Annualised
PDEX
14.3%
-3.2%
MCHX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MCHX
MCHX
PDEX
PDEX
Revenue
$10.8M
$18.7M
Net Profit
$-2.3M
$2.2M
Gross Margin
61.6%
30.8%
Operating Margin
-21.9%
17.5%
Net Margin
-21.4%
11.7%
Revenue YoY
-9.0%
11.1%
Net Profit YoY
-21.3%
7.2%
EPS (diluted)
$-0.05
$0.66

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
MCHX
MCHX
PDEX
PDEX
Q4 25
$10.8M
$18.7M
Q3 25
$11.5M
$18.5M
Q2 25
$11.7M
$17.5M
Q1 25
$11.4M
$17.4M
Q4 24
$11.9M
$16.8M
Q3 24
$12.6M
$14.9M
Q2 24
$12.1M
$15.0M
Q1 24
$11.6M
$14.3M
Net Profit
MCHX
MCHX
PDEX
PDEX
Q4 25
$-2.3M
$2.2M
Q3 25
$-1.0M
$4.7M
Q2 25
$84.0K
$1.2M
Q1 25
$-2.0M
$3.3M
Q4 24
$-1.9M
$2.0M
Q3 24
$-831.0K
$2.5M
Q2 24
$-756.0K
$1.6M
Q1 24
$-1.4M
$655.0K
Gross Margin
MCHX
MCHX
PDEX
PDEX
Q4 25
61.6%
30.8%
Q3 25
63.1%
29.0%
Q2 25
65.1%
19.9%
Q1 25
63.3%
33.3%
Q4 24
63.2%
30.2%
Q3 24
66.4%
34.6%
Q2 24
65.6%
27.2%
Q1 24
61.9%
28.0%
Operating Margin
MCHX
MCHX
PDEX
PDEX
Q4 25
-21.9%
17.5%
Q3 25
-8.2%
16.8%
Q2 25
-4.6%
7.7%
Q1 25
-16.4%
20.9%
Q4 24
-13.3%
16.0%
Q3 24
-6.6%
20.2%
Q2 24
-6.0%
15.6%
Q1 24
-11.3%
15.5%
Net Margin
MCHX
MCHX
PDEX
PDEX
Q4 25
-21.4%
11.7%
Q3 25
-8.9%
25.3%
Q2 25
0.7%
6.8%
Q1 25
-17.4%
18.8%
Q4 24
-16.0%
12.1%
Q3 24
-6.6%
16.6%
Q2 24
-6.3%
10.6%
Q1 24
-12.5%
4.6%
EPS (diluted)
MCHX
MCHX
PDEX
PDEX
Q4 25
$-0.05
$0.66
Q3 25
$-0.02
$1.40
Q2 25
$0.00
$0.33
Q1 25
$-0.05
$0.98
Q4 24
$-0.04
$0.61
Q3 24
$-0.02
$0.75
Q2 24
$-0.02
$0.44
Q1 24
$-0.03
$0.19

Balance Sheet & Financial Strength

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

Metric
MCHX
MCHX
PDEX
PDEX
Cash + ST InvestmentsLiquidity on hand
$9.9M
$6.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$30.1M
$41.6M
Total Assets
$39.7M
$62.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHX
MCHX
PDEX
PDEX
Q4 25
$9.9M
$6.1M
Q3 25
$10.3M
$10.1M
Q2 25
$10.5M
$6.8M
Q1 25
$10.0M
$5.5M
Q4 24
$12.8M
$4.7M
Q3 24
$12.1M
$7.8M
Q2 24
$12.0M
$6.8M
Q1 24
$12.0M
$7.8M
Total Debt
MCHX
MCHX
PDEX
PDEX
Q4 25
Q3 25
Q2 25
$15.4M
Q1 25
Q4 24
Q3 24
Q2 24
$12.0M
Q1 24
Stockholders' Equity
MCHX
MCHX
PDEX
PDEX
Q4 25
$30.1M
$41.6M
Q3 25
$31.9M
$41.5M
Q2 25
$32.0M
$36.6M
Q1 25
$31.4M
$35.3M
Q4 24
$32.6M
$31.8M
Q3 24
$34.1M
$30.9M
Q2 24
$34.5M
$30.9M
Q1 24
$34.9M
$30.9M
Total Assets
MCHX
MCHX
PDEX
PDEX
Q4 25
$39.7M
$62.3M
Q3 25
$41.1M
$64.3M
Q2 25
$42.0M
$61.2M
Q1 25
$40.6M
$64.3M
Q4 24
$43.2M
$60.4M
Q3 24
$44.1M
$54.3M
Q2 24
$45.5M
$52.5M
Q1 24
$45.6M
$50.5M
Debt / Equity
MCHX
MCHX
PDEX
PDEX
Q4 25
Q3 25
Q2 25
0.42×
Q1 25
Q4 24
Q3 24
Q2 24
0.39×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
MCHX
MCHX
PDEX
PDEX
Operating Cash FlowLast quarter
$121.0K
$3.6M
Free Cash FlowOCF − Capex
$3.5M
FCF MarginFCF / Revenue
18.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHX
MCHX
PDEX
PDEX
Q4 25
$121.0K
$3.6M
Q3 25
$290.0K
$2.3M
Q2 25
$803.0K
$-173.0K
Q1 25
$-2.6M
$754.0K
Q4 24
$875.0K
$-4.2M
Q3 24
$382.0K
$1.9M
Q2 24
$117.0K
$1.0M
Q1 24
$-2.5M
$4.1M
Free Cash Flow
MCHX
MCHX
PDEX
PDEX
Q4 25
$3.5M
Q3 25
$2.2M
Q2 25
Q1 25
$574.0K
Q4 24
$757.0K
$-4.7M
Q3 24
$199.0K
$1.5M
Q2 24
$40.0K
Q1 24
$-2.5M
$4.0M
FCF Margin
MCHX
MCHX
PDEX
PDEX
Q4 25
18.8%
Q3 25
11.9%
Q2 25
Q1 25
3.3%
Q4 24
6.3%
-27.9%
Q3 24
1.6%
9.8%
Q2 24
0.3%
Q1 24
-21.4%
27.7%
Capex Intensity
MCHX
MCHX
PDEX
PDEX
Q4 25
0.4%
Q3 25
0.0%
0.5%
Q2 25
Q1 25
1.0%
Q4 24
1.0%
3.2%
Q3 24
1.5%
2.9%
Q2 24
0.6%
Q1 24
0.0%
0.8%
Cash Conversion
MCHX
MCHX
PDEX
PDEX
Q4 25
1.63×
Q3 25
0.49×
Q2 25
9.56×
-0.14×
Q1 25
0.23×
Q4 24
-2.03×
Q3 24
0.77×
Q2 24
0.66×
Q1 24
6.22×

Financial Flow Comparison

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

Related Comparisons