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Side-by-side financial comparison of MIMEDX GROUP, INC. (MDXG) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $113.1M, roughly 1.0× 1ST SOURCE CORP). 1ST SOURCE CORP runs the higher net margin — 35.3% vs 12.9%, a 22.5% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs 8.7%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 7.8%).

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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

MDXG vs SRCE — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.0× larger
MDXG
$118.1M
$113.1M
SRCE
Growing faster (revenue YoY)
MDXG
MDXG
+18.4% gap
MDXG
27.1%
8.7%
SRCE
Higher net margin
SRCE
SRCE
22.5% more per $
SRCE
35.3%
12.9%
MDXG
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
7.8%
SRCE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MDXG
MDXG
SRCE
SRCE
Revenue
$118.1M
$113.1M
Net Profit
$15.2M
$40.0M
Gross Margin
83.9%
Operating Margin
17.8%
45.4%
Net Margin
12.9%
35.3%
Revenue YoY
27.1%
8.7%
Net Profit YoY
104.2%
6.5%
EPS (diluted)
$0.10
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$118.1M
$110.8M
Q3 25
$113.7M
$110.7M
Q2 25
$98.6M
$108.2M
Q1 25
$88.2M
$104.0M
Q4 24
$92.9M
$97.8M
Q3 24
$84.1M
$97.9M
Q2 24
$87.2M
$97.3M
Net Profit
MDXG
MDXG
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$15.2M
$41.1M
Q3 25
$16.7M
$42.3M
Q2 25
$9.6M
$37.3M
Q1 25
$7.0M
$37.5M
Q4 24
$7.4M
$31.4M
Q3 24
$8.1M
$34.9M
Q2 24
$17.6M
$36.8M
Gross Margin
MDXG
MDXG
SRCE
SRCE
Q1 26
Q4 25
83.9%
Q3 25
83.5%
Q2 25
81.1%
Q1 25
81.2%
Q4 24
81.8%
Q3 24
81.8%
Q2 24
83.0%
Operating Margin
MDXG
MDXG
SRCE
SRCE
Q1 26
45.4%
Q4 25
17.8%
Q3 25
19.5%
49.7%
Q2 25
12.5%
44.5%
Q1 25
9.4%
45.8%
Q4 24
11.9%
Q3 24
13.3%
46.3%
Q2 24
26.9%
49.1%
Net Margin
MDXG
MDXG
SRCE
SRCE
Q1 26
35.3%
Q4 25
12.9%
37.1%
Q3 25
14.7%
38.2%
Q2 25
9.8%
34.5%
Q1 25
8.0%
36.1%
Q4 24
8.0%
32.1%
Q3 24
9.6%
35.7%
Q2 24
20.2%
37.8%
EPS (diluted)
MDXG
MDXG
SRCE
SRCE
Q1 26
$1.63
Q4 25
$0.10
$1.67
Q3 25
$0.11
$1.71
Q2 25
$0.06
$1.51
Q1 25
$0.05
$1.52
Q4 24
$0.05
$1.27
Q3 24
$0.05
$1.41
Q2 24
$0.12
$1.49

Balance Sheet & Financial Strength

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

Metric
MDXG
MDXG
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$166.1M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$256.5M
$1.3B
Total Assets
$342.7M
$9.1B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXG
MDXG
SRCE
SRCE
Q1 26
Q4 25
$166.1M
Q3 25
$142.1M
Q2 25
$118.9M
Q1 25
$106.4M
Q4 24
$104.4M
Q3 24
$88.8M
Q2 24
$69.0M
Total Debt
MDXG
MDXG
SRCE
SRCE
Q1 26
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Stockholders' Equity
MDXG
MDXG
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$256.5M
$1.3B
Q3 25
$238.9M
$1.2B
Q2 25
$216.6M
$1.2B
Q1 25
$202.8M
$1.2B
Q4 24
$193.1M
$1.1B
Q3 24
$181.0M
$1.1B
Q2 24
$168.0M
$1.0B
Total Assets
MDXG
MDXG
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$342.7M
$9.1B
Q3 25
$319.0M
$9.1B
Q2 25
$291.1M
$9.1B
Q1 25
$270.4M
$9.0B
Q4 24
$263.9M
$8.9B
Q3 24
$243.9M
$8.8B
Q2 24
$230.2M
$8.9B
Debt / Equity
MDXG
MDXG
SRCE
SRCE
Q1 26
Q4 25
0.07×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 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
SRCE
SRCE
Operating Cash FlowLast quarter
$25.0M
$59.1M
Free Cash FlowOCF − Capex
$58.1M
FCF MarginFCF / Revenue
51.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.64×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXG
MDXG
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$25.0M
$223.1M
Q3 25
$29.3M
$51.0M
Q2 25
$14.4M
$44.9M
Q1 25
$5.3M
$71.8M
Q4 24
$18.8M
$193.9M
Q3 24
$19.6M
$68.4M
Q2 24
$21.8M
$50.0M
Free Cash Flow
MDXG
MDXG
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$213.0M
Q3 25
$47.3M
Q2 25
$43.0M
Q1 25
$69.3M
Q4 24
$181.5M
Q3 24
$66.7M
Q2 24
$46.4M
FCF Margin
MDXG
MDXG
SRCE
SRCE
Q1 26
51.4%
Q4 25
192.2%
Q3 25
42.7%
Q2 25
39.8%
Q1 25
66.6%
Q4 24
185.5%
Q3 24
68.1%
Q2 24
47.7%
Capex Intensity
MDXG
MDXG
SRCE
SRCE
Q1 26
0.9%
Q4 25
9.1%
Q3 25
3.4%
Q2 25
1.7%
Q1 25
2.4%
Q4 24
12.6%
Q3 24
1.7%
Q2 24
3.7%
Cash Conversion
MDXG
MDXG
SRCE
SRCE
Q1 26
1.48×
Q4 25
1.64×
5.42×
Q3 25
1.75×
1.21×
Q2 25
1.50×
1.20×
Q1 25
0.75×
1.91×
Q4 24
2.53×
6.17×
Q3 24
2.42×
1.96×
Q2 24
1.24×
1.36×

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%

SRCE
SRCE

Segment breakdown not available.

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