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Side-by-side financial comparison of MIMEDX GROUP, INC. (MDXG) and Planet Labs PBC (PL). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $81.3M, roughly 1.5× Planet Labs PBC). MIMEDX GROUP, INC. runs the higher net margin — 12.9% vs -72.8%, a 85.7% gap on every dollar of revenue. On growth, Planet Labs PBC posted the faster year-over-year revenue change (32.6% vs 27.1%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 17.5%).

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.

Planet Labs PBC, known as "Planet.", is a publicly traded American Earth imaging company based in San Francisco, California. Their goal is to image the entirety of the Earth daily to monitor changes and pinpoint trends.

MDXG vs PL — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.5× larger
MDXG
$118.1M
$81.3M
PL
Growing faster (revenue YoY)
PL
PL
+5.5% gap
PL
32.6%
27.1%
MDXG
Higher net margin
MDXG
MDXG
85.7% more per $
MDXG
12.9%
-72.8%
PL
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
17.5%
PL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MDXG
MDXG
PL
PL
Revenue
$118.1M
$81.3M
Net Profit
$15.2M
$-59.2M
Gross Margin
83.9%
57.3%
Operating Margin
17.8%
-22.6%
Net Margin
12.9%
-72.8%
Revenue YoY
27.1%
32.6%
Net Profit YoY
104.2%
-194.7%
EPS (diluted)
$0.10
$-0.19

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
PL
PL
Q4 25
$118.1M
$81.3M
Q3 25
$113.7M
$73.4M
Q2 25
$98.6M
$66.3M
Q1 25
$88.2M
$61.6M
Q4 24
$92.9M
$61.3M
Q3 24
$84.1M
$61.1M
Q2 24
$87.2M
$60.4M
Q1 24
$84.7M
$58.9M
Net Profit
MDXG
MDXG
PL
PL
Q4 25
$15.2M
$-59.2M
Q3 25
$16.7M
$-22.6M
Q2 25
$9.6M
$-12.6M
Q1 25
$7.0M
$-35.2M
Q4 24
$7.4M
$-20.1M
Q3 24
$8.1M
$-38.7M
Q2 24
$17.6M
$-29.3M
Q1 24
$9.3M
$-30.1M
Gross Margin
MDXG
MDXG
PL
PL
Q4 25
83.9%
57.3%
Q3 25
83.5%
57.6%
Q2 25
81.1%
55.2%
Q1 25
81.2%
62.1%
Q4 24
81.8%
61.2%
Q3 24
81.8%
52.9%
Q2 24
83.0%
52.4%
Q1 24
84.7%
55.2%
Operating Margin
MDXG
MDXG
PL
PL
Q4 25
17.8%
-22.6%
Q3 25
19.5%
-24.5%
Q2 25
12.5%
-34.4%
Q1 25
9.4%
-31.5%
Q4 24
11.9%
-36.9%
Q3 24
13.3%
-64.8%
Q2 24
26.9%
-57.2%
Q1 24
15.6%
-57.6%
Net Margin
MDXG
MDXG
PL
PL
Q4 25
12.9%
-72.8%
Q3 25
14.7%
-30.8%
Q2 25
9.8%
-19.1%
Q1 25
8.0%
-57.1%
Q4 24
8.0%
-32.8%
Q3 24
9.6%
-63.3%
Q2 24
20.2%
-48.5%
Q1 24
10.9%
-51.1%
EPS (diluted)
MDXG
MDXG
PL
PL
Q4 25
$0.10
$-0.19
Q3 25
$0.11
$-0.07
Q2 25
$0.06
$-0.04
Q1 25
$0.05
$-0.12
Q4 24
$0.05
$-0.07
Q3 24
$0.05
$-0.13
Q2 24
$0.12
$-0.10
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
PL
PL
Cash + ST InvestmentsLiquidity on hand
$166.1M
$443.3M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$256.5M
$349.6M
Total Assets
$342.7M
$1.1B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXG
MDXG
PL
PL
Q4 25
$166.1M
$443.3M
Q3 25
$142.1M
$181.1M
Q2 25
$118.9M
$133.5M
Q1 25
$106.4M
$118.0M
Q4 24
$104.4M
$139.0M
Q3 24
$88.8M
$148.3M
Q2 24
$69.0M
$107.4M
Q1 24
$48.5M
$83.9M
Total Debt
MDXG
MDXG
PL
PL
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MDXG
MDXG
PL
PL
Q4 25
$256.5M
$349.6M
Q3 25
$238.9M
$435.7M
Q2 25
$216.6M
$444.8M
Q1 25
$202.8M
$441.3M
Q4 24
$193.1M
$464.6M
Q3 24
$181.0M
$473.2M
Q2 24
$168.0M
$500.3M
Q1 24
$155.7M
$518.0M
Total Assets
MDXG
MDXG
PL
PL
Q4 25
$342.7M
$1.1B
Q3 25
$319.0M
$696.4M
Q2 25
$291.1M
$658.4M
Q1 25
$270.4M
$633.8M
Q4 24
$263.9M
$630.8M
Q3 24
$243.9M
$658.4M
Q2 24
$230.2M
$674.6M
Q1 24
$221.7M
$702.0M
Debt / Equity
MDXG
MDXG
PL
PL
Q4 25
0.07×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
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
MDXG
MDXG
PL
PL
Operating Cash FlowLast quarter
$25.0M
$28.6M
Free Cash FlowOCF − Capex
$1.9M
FCF MarginFCF / Revenue
2.3%
Capex IntensityCapex / Revenue
32.9%
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters
$40.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXG
MDXG
PL
PL
Q4 25
$25.0M
$28.6M
Q3 25
$29.3M
$67.8M
Q2 25
$14.4M
$17.3M
Q1 25
$5.3M
$-6.3M
Q4 24
$18.8M
$4.1M
Q3 24
$19.6M
$-7.9M
Q2 24
$21.8M
$-4.3M
Q1 24
$6.0M
$-6.8M
Free Cash Flow
MDXG
MDXG
PL
PL
Q4 25
$1.9M
Q3 25
$47.5M
Q2 25
$9.2M
Q1 25
$-17.9M
Q4 24
$-3.6M
Q3 24
$-23.0M
Q2 24
$-14.2M
Q1 24
$-15.7M
FCF Margin
MDXG
MDXG
PL
PL
Q4 25
2.3%
Q3 25
64.7%
Q2 25
13.9%
Q1 25
-29.1%
Q4 24
-5.8%
Q3 24
-37.6%
Q2 24
-23.6%
Q1 24
-26.7%
Capex Intensity
MDXG
MDXG
PL
PL
Q4 25
32.9%
Q3 25
27.6%
Q2 25
12.3%
Q1 25
18.9%
Q4 24
12.5%
Q3 24
24.8%
Q2 24
16.4%
Q1 24
15.1%
Cash Conversion
MDXG
MDXG
PL
PL
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×
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%

PL
PL

Defense And Intelligence$49.4M61%
Civil Government$18.8M23%
Commercial$13.1M16%

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