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Side-by-side financial comparison of MIMEDX GROUP, INC. (MDXG) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $93.7M, roughly 1.3× Ranpak Holdings Corp.). On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs 2.3%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 13.7%).

MiMedx is an American biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin for skin grafts for medical use.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

MDXG vs PACK — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.3× larger
MDXG
$118.1M
$93.7M
PACK
Growing faster (revenue YoY)
MDXG
MDXG
+24.8% gap
MDXG
27.1%
2.3%
PACK
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MDXG
MDXG
PACK
PACK
Revenue
$118.1M
$93.7M
Net Profit
$15.2M
Gross Margin
83.9%
39.0%
Operating Margin
17.8%
-1.0%
Net Margin
12.9%
Revenue YoY
27.1%
2.3%
Net Profit YoY
104.2%
EPS (diluted)
$0.10
$-0.11

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
MDXG
MDXG
PACK
PACK
Q4 25
$118.1M
$93.7M
Q3 25
$113.7M
$83.6M
Q2 25
$98.6M
$77.8M
Q1 25
$88.2M
$77.6M
Q4 24
$92.9M
$91.6M
Q3 24
$84.1M
$78.6M
Q2 24
$87.2M
$72.8M
Q1 24
$84.7M
$72.5M
Net Profit
MDXG
MDXG
PACK
PACK
Q4 25
$15.2M
Q3 25
$16.7M
$-10.4M
Q2 25
$9.6M
$-7.5M
Q1 25
$7.0M
$-10.9M
Q4 24
$7.4M
Q3 24
$8.1M
$-8.1M
Q2 24
$17.6M
$5.5M
Q1 24
$9.3M
$-8.1M
Gross Margin
MDXG
MDXG
PACK
PACK
Q4 25
83.9%
39.0%
Q3 25
83.5%
41.1%
Q2 25
81.1%
37.1%
Q1 25
81.2%
39.8%
Q4 24
81.8%
45.2%
Q3 24
81.8%
43.8%
Q2 24
83.0%
43.5%
Q1 24
84.7%
44.6%
Operating Margin
MDXG
MDXG
PACK
PACK
Q4 25
17.8%
-1.0%
Q3 25
19.5%
-6.8%
Q2 25
12.5%
-12.5%
Q1 25
9.4%
-10.3%
Q4 24
11.9%
1.5%
Q3 24
13.3%
-5.3%
Q2 24
26.9%
-7.1%
Q1 24
15.6%
-6.6%
Net Margin
MDXG
MDXG
PACK
PACK
Q4 25
12.9%
Q3 25
14.7%
-12.4%
Q2 25
9.8%
-9.6%
Q1 25
8.0%
-14.0%
Q4 24
8.0%
Q3 24
9.6%
-10.3%
Q2 24
20.2%
7.6%
Q1 24
10.9%
-11.2%
EPS (diluted)
MDXG
MDXG
PACK
PACK
Q4 25
$0.10
$-0.11
Q3 25
$0.11
$-0.12
Q2 25
$0.06
$-0.09
Q1 25
$0.05
$-0.13
Q4 24
$0.05
$-0.13
Q3 24
$0.05
$-0.10
Q2 24
$0.12
$0.07
Q1 24
$0.06
$-0.10

Balance Sheet & Financial Strength

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

Metric
MDXG
MDXG
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$166.1M
$63.0M
Total DebtLower is stronger
$18.0M
$401.9M
Stockholders' EquityBook value
$256.5M
$534.9M
Total Assets
$342.7M
$1.1B
Debt / EquityLower = less leverage
0.07×
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXG
MDXG
PACK
PACK
Q4 25
$166.1M
$63.0M
Q3 25
$142.1M
$49.9M
Q2 25
$118.9M
$49.2M
Q1 25
$106.4M
$65.5M
Q4 24
$104.4M
$76.1M
Q3 24
$88.8M
$69.5M
Q2 24
$69.0M
$65.1M
Q1 24
$48.5M
$55.1M
Total Debt
MDXG
MDXG
PACK
PACK
Q4 25
$18.0M
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$19.0M
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
MDXG
MDXG
PACK
PACK
Q4 25
$256.5M
$534.9M
Q3 25
$238.9M
$537.8M
Q2 25
$216.6M
$539.0M
Q1 25
$202.8M
$544.1M
Q4 24
$193.1M
$548.1M
Q3 24
$181.0M
$564.3M
Q2 24
$168.0M
$566.2M
Q1 24
$155.7M
$560.0M
Total Assets
MDXG
MDXG
PACK
PACK
Q4 25
$342.7M
$1.1B
Q3 25
$319.0M
$1.1B
Q2 25
$291.1M
$1.1B
Q1 25
$270.4M
$1.1B
Q4 24
$263.9M
$1.1B
Q3 24
$243.9M
$1.1B
Q2 24
$230.2M
$1.1B
Q1 24
$221.7M
$1.1B
Debt / Equity
MDXG
MDXG
PACK
PACK
Q4 25
0.07×
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.10×
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

Cash Flow & Capital Efficiency

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

Metric
MDXG
MDXG
PACK
PACK
Operating Cash FlowLast quarter
$25.0M
$19.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXG
MDXG
PACK
PACK
Q4 25
$25.0M
$19.5M
Q3 25
$29.3M
$8.5M
Q2 25
$14.4M
$-3.6M
Q1 25
$5.3M
$-1.3M
Q4 24
$18.8M
$6.5M
Q3 24
$19.6M
$10.1M
Q2 24
$21.8M
$19.6M
Q1 24
$6.0M
$5.2M
Cash Conversion
MDXG
MDXG
PACK
PACK
Q4 25
1.64×
Q3 25
1.75×
Q2 25
1.50×
Q1 25
0.75×
Q4 24
2.53×
Q3 24
2.42×
Q2 24
1.24×
3.56×
Q1 24
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MDXG
MDXG

Wound$78.7M67%
Surgical$39.4M33%

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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