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Side-by-side financial comparison of Mister Car Wash, Inc. (MCW) and REPLIGEN CORP (RGEN). Click either name above to swap in a different company.

Mister Car Wash, Inc. is the larger business by last-quarter revenue ($261.2M vs $197.9M, roughly 1.3× REPLIGEN CORP). Mister Car Wash, Inc. runs the higher net margin — 7.7% vs 6.7%, a 1.0% gap on every dollar of revenue. On growth, REPLIGEN CORP posted the faster year-over-year revenue change (13.6% vs 4.0%). REPLIGEN CORP produced more free cash flow last quarter ($17.6M vs $-16.8M). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% CAGR vs 4.5%).

Brown Bear Car Wash is an American car wash chain based in Washington state. Founded in Seattle in 1957, it is the 12th largest car wash chain in the United States with 49 locations as of 2021.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

MCW vs RGEN — Head-to-Head

Bigger by revenue
MCW
MCW
1.3× larger
MCW
$261.2M
$197.9M
RGEN
Growing faster (revenue YoY)
RGEN
RGEN
+9.6% gap
RGEN
13.6%
4.0%
MCW
Higher net margin
MCW
MCW
1.0% more per $
MCW
7.7%
6.7%
RGEN
More free cash flow
RGEN
RGEN
$34.3M more FCF
RGEN
$17.6M
$-16.8M
MCW
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
4.5%
MCW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MCW
MCW
RGEN
RGEN
Revenue
$261.2M
$197.9M
Net Profit
$20.1M
$13.3M
Gross Margin
52.5%
Operating Margin
15.8%
9.0%
Net Margin
7.7%
6.7%
Revenue YoY
4.0%
13.6%
Net Profit YoY
118.9%
143.9%
EPS (diluted)
$0.06
$0.24

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
MCW
MCW
RGEN
RGEN
Q4 25
$261.2M
$197.9M
Q3 25
$263.4M
$188.8M
Q2 25
$265.4M
$182.4M
Q1 25
$261.7M
$169.2M
Q4 24
$251.2M
$174.1M
Q3 24
$249.3M
$154.9M
Q2 24
$255.0M
$154.1M
Q1 24
$239.2M
$151.3M
Net Profit
MCW
MCW
RGEN
RGEN
Q4 25
$20.1M
$13.3M
Q3 25
$27.4M
$14.9M
Q2 25
$28.6M
$14.9M
Q1 25
$27.0M
$5.8M
Q4 24
$9.2M
$-30.3M
Q3 24
$22.3M
$-654.0K
Q2 24
$22.1M
$3.3M
Q1 24
$16.6M
$2.1M
Gross Margin
MCW
MCW
RGEN
RGEN
Q4 25
52.5%
Q3 25
53.2%
Q2 25
50.0%
Q1 25
53.6%
Q4 24
26.1%
Q3 24
50.0%
Q2 24
49.8%
Q1 24
49.5%
Operating Margin
MCW
MCW
RGEN
RGEN
Q4 25
15.8%
9.0%
Q3 25
19.7%
8.9%
Q2 25
20.4%
7.6%
Q1 25
20.2%
3.9%
Q4 24
12.7%
-17.7%
Q3 24
19.9%
-5.1%
Q2 24
21.6%
1.0%
Q1 24
17.8%
1.3%
Net Margin
MCW
MCW
RGEN
RGEN
Q4 25
7.7%
6.7%
Q3 25
10.4%
7.9%
Q2 25
10.8%
8.2%
Q1 25
10.3%
3.4%
Q4 24
3.7%
-17.4%
Q3 24
9.0%
-0.4%
Q2 24
8.7%
2.2%
Q1 24
7.0%
1.4%
EPS (diluted)
MCW
MCW
RGEN
RGEN
Q4 25
$0.06
$0.24
Q3 25
$0.08
$0.26
Q2 25
$0.09
$0.26
Q1 25
$0.08
$0.10
Q4 24
$0.02
$-0.55
Q3 24
$0.07
$-0.01
Q2 24
$0.07
$0.06
Q1 24
$0.05
$0.04

Balance Sheet & Financial Strength

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

Metric
MCW
MCW
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$28.4M
$767.6M
Total DebtLower is stronger
$542.2M
Stockholders' EquityBook value
$1.1B
$2.1B
Total Assets
$3.2B
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCW
MCW
RGEN
RGEN
Q4 25
$28.4M
$767.6M
Q3 25
$35.7M
$748.7M
Q2 25
$26.4M
$708.9M
Q1 25
$39.1M
$697.2M
Q4 24
$67.5M
$757.4M
Q3 24
$16.5M
$784.0M
Q2 24
$3.6M
$809.1M
Q1 24
$10.7M
$780.6M
Total Debt
MCW
MCW
RGEN
RGEN
Q4 25
$542.2M
Q3 25
$537.9M
Q2 25
Q1 25
Q4 24
$525.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MCW
MCW
RGEN
RGEN
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$2.1B
Q2 25
$1.1B
$2.1B
Q1 25
$1.0B
$2.0B
Q4 24
$998.4M
$2.0B
Q3 24
$979.4M
$2.0B
Q2 24
$949.4M
$2.0B
Q1 24
$928.7M
$2.0B
Total Assets
MCW
MCW
RGEN
RGEN
Q4 25
$3.2B
$2.9B
Q3 25
$3.1B
$2.9B
Q2 25
$3.1B
$2.9B
Q1 25
$3.1B
$2.9B
Q4 24
$3.1B
$2.8B
Q3 24
$3.0B
$2.8B
Q2 24
$3.0B
$2.9B
Q1 24
$2.9B
$2.8B
Debt / Equity
MCW
MCW
RGEN
RGEN
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
Q3 24
Q2 24
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
MCW
MCW
RGEN
RGEN
Operating Cash FlowLast quarter
$60.0M
$25.7M
Free Cash FlowOCF − Capex
$-16.8M
$17.6M
FCF MarginFCF / Revenue
-6.4%
8.9%
Capex IntensityCapex / Revenue
29.4%
4.1%
Cash ConversionOCF / Net Profit
2.99×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$30.3M
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCW
MCW
RGEN
RGEN
Q4 25
$60.0M
$25.7M
Q3 25
$91.4M
$48.1M
Q2 25
$46.8M
$28.6M
Q1 25
$87.5M
$15.0M
Q4 24
$49.8M
$39.2M
Q3 24
$80.0M
$49.3M
Q2 24
$60.9M
$42.2M
Q1 24
$58.0M
$44.7M
Free Cash Flow
MCW
MCW
RGEN
RGEN
Q4 25
$-16.8M
$17.6M
Q3 25
$25.8M
$43.4M
Q2 25
$-11.2M
$21.5M
Q1 25
$32.5M
$11.4M
Q4 24
$-20.4M
$33.6M
Q3 24
$-16.8M
$42.3M
Q2 24
$-20.4M
$37.4M
Q1 24
$-23.9M
$36.4M
FCF Margin
MCW
MCW
RGEN
RGEN
Q4 25
-6.4%
8.9%
Q3 25
9.8%
23.0%
Q2 25
-4.2%
11.8%
Q1 25
12.4%
6.8%
Q4 24
-8.1%
19.3%
Q3 24
-6.8%
27.3%
Q2 24
-8.0%
24.3%
Q1 24
-10.0%
24.0%
Capex Intensity
MCW
MCW
RGEN
RGEN
Q4 25
29.4%
4.1%
Q3 25
24.9%
2.5%
Q2 25
21.9%
3.9%
Q1 25
21.1%
2.1%
Q4 24
27.9%
3.2%
Q3 24
38.8%
4.5%
Q2 24
31.9%
3.1%
Q1 24
34.2%
5.5%
Cash Conversion
MCW
MCW
RGEN
RGEN
Q4 25
2.99×
1.93×
Q3 25
3.33×
3.23×
Q2 25
1.64×
1.92×
Q1 25
3.24×
2.57×
Q4 24
5.43×
Q3 24
3.58×
Q2 24
2.76×
12.70×
Q1 24
3.49×
21.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MCW
MCW

Transferred Over Time$205.7M79%
Transferred At Point In Time$55.2M21%

RGEN
RGEN

Segment breakdown not available.

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