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Side-by-side financial comparison of MIMEDX GROUP, INC. (MDXG) and Stellar Bancorp, Inc. (STEL). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $108.9M, roughly 1.1× Stellar Bancorp, Inc.). Stellar Bancorp, Inc. runs the higher net margin — 24.0% vs 12.9%, a 11.2% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs 0.8%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs 0.2%).

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.

Stellar Bancorp, Inc. is a United States-based financial holding company that operates via its wholly-owned banking subsidiary. It provides a full suite of retail and commercial banking services, including deposit products, personal and commercial loans, mortgage services, and wealth management solutions, serving individual consumers, small businesses, and regional corporate clients.

MDXG vs STEL — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.1× larger
MDXG
$118.1M
$108.9M
STEL
Growing faster (revenue YoY)
MDXG
MDXG
+26.3% gap
MDXG
27.1%
0.8%
STEL
Higher net margin
STEL
STEL
11.2% more per $
STEL
24.0%
12.9%
MDXG
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
0.2%
STEL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MDXG
MDXG
STEL
STEL
Revenue
$118.1M
$108.9M
Net Profit
$15.2M
$26.1M
Gross Margin
83.9%
Operating Margin
17.8%
29.0%
Net Margin
12.9%
24.0%
Revenue YoY
27.1%
0.8%
Net Profit YoY
104.2%
3.7%
EPS (diluted)
$0.10
$0.52

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
STEL
STEL
Q4 25
$118.1M
$108.9M
Q3 25
$113.7M
$105.6M
Q2 25
$98.6M
$104.1M
Q1 25
$88.2M
$104.8M
Q4 24
$92.9M
$108.0M
Q3 24
$84.1M
$107.8M
Q2 24
$87.2M
$106.8M
Q1 24
$84.7M
$108.4M
Net Profit
MDXG
MDXG
STEL
STEL
Q4 25
$15.2M
$26.1M
Q3 25
$16.7M
$25.7M
Q2 25
$9.6M
$26.4M
Q1 25
$7.0M
$24.7M
Q4 24
$7.4M
$25.2M
Q3 24
$8.1M
$33.9M
Q2 24
$17.6M
$29.8M
Q1 24
$9.3M
$26.1M
Gross Margin
MDXG
MDXG
STEL
STEL
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%
Q1 24
84.7%
Operating Margin
MDXG
MDXG
STEL
STEL
Q4 25
17.8%
29.0%
Q3 25
19.5%
30.5%
Q2 25
12.5%
31.7%
Q1 25
9.4%
29.6%
Q4 24
11.9%
29.4%
Q3 24
13.3%
39.6%
Q2 24
26.9%
35.1%
Q1 24
15.6%
30.4%
Net Margin
MDXG
MDXG
STEL
STEL
Q4 25
12.9%
24.0%
Q3 25
14.7%
24.3%
Q2 25
9.8%
25.3%
Q1 25
8.0%
23.6%
Q4 24
8.0%
23.3%
Q3 24
9.6%
31.4%
Q2 24
20.2%
27.9%
Q1 24
10.9%
24.1%
EPS (diluted)
MDXG
MDXG
STEL
STEL
Q4 25
$0.10
$0.52
Q3 25
$0.11
$0.50
Q2 25
$0.06
$0.51
Q1 25
$0.05
$0.46
Q4 24
$0.05
$0.47
Q3 24
$0.05
$0.63
Q2 24
$0.12
$0.56
Q1 24
$0.06
$0.49

Balance Sheet & Financial Strength

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

Metric
MDXG
MDXG
STEL
STEL
Cash + ST InvestmentsLiquidity on hand
$166.1M
$419.5M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$256.5M
$1.7B
Total Assets
$342.7M
$10.8B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXG
MDXG
STEL
STEL
Q4 25
$166.1M
$419.5M
Q3 25
$142.1M
$728.4M
Q2 25
$118.9M
$578.1M
Q1 25
$106.4M
$560.6M
Q4 24
$104.4M
$911.2M
Q3 24
$88.8M
$516.2M
Q2 24
$69.0M
$490.3M
Q1 24
$48.5M
$399.7M
Total Debt
MDXG
MDXG
STEL
STEL
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MDXG
MDXG
STEL
STEL
Q4 25
$256.5M
$1.7B
Q3 25
$238.9M
$1.7B
Q2 25
$216.6M
$1.6B
Q1 25
$202.8M
$1.6B
Q4 24
$193.1M
$1.6B
Q3 24
$181.0M
$1.6B
Q2 24
$168.0M
$1.6B
Q1 24
$155.7M
$1.5B
Total Assets
MDXG
MDXG
STEL
STEL
Q4 25
$342.7M
$10.8B
Q3 25
$319.0M
$10.6B
Q2 25
$291.1M
$10.5B
Q1 25
$270.4M
$10.4B
Q4 24
$263.9M
$10.9B
Q3 24
$243.9M
$10.6B
Q2 24
$230.2M
$10.7B
Q1 24
$221.7M
$10.7B
Debt / Equity
MDXG
MDXG
STEL
STEL
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
STEL
STEL
Operating Cash FlowLast quarter
$25.0M
$97.0M
Free Cash FlowOCF − Capex
$92.6M
FCF MarginFCF / Revenue
85.0%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
1.64×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$173.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXG
MDXG
STEL
STEL
Q4 25
$25.0M
$97.0M
Q3 25
$29.3M
$63.6M
Q2 25
$14.4M
$25.8M
Q1 25
$5.3M
$-5.7M
Q4 24
$18.8M
$132.6M
Q3 24
$19.6M
$59.5M
Q2 24
$21.8M
$38.1M
Q1 24
$6.0M
$31.1M
Free Cash Flow
MDXG
MDXG
STEL
STEL
Q4 25
$92.6M
Q3 25
$62.5M
Q2 25
$24.5M
Q1 25
$-6.4M
Q4 24
$128.0M
Q3 24
$57.7M
Q2 24
$37.1M
Q1 24
$30.5M
FCF Margin
MDXG
MDXG
STEL
STEL
Q4 25
85.0%
Q3 25
59.2%
Q2 25
23.6%
Q1 25
-6.2%
Q4 24
118.5%
Q3 24
53.5%
Q2 24
34.8%
Q1 24
28.2%
Capex Intensity
MDXG
MDXG
STEL
STEL
Q4 25
4.0%
Q3 25
1.1%
Q2 25
1.2%
Q1 25
0.7%
Q4 24
4.3%
Q3 24
1.7%
Q2 24
0.9%
Q1 24
0.5%
Cash Conversion
MDXG
MDXG
STEL
STEL
Q4 25
1.64×
3.71×
Q3 25
1.75×
2.48×
Q2 25
1.50×
0.98×
Q1 25
0.75×
-0.23×
Q4 24
2.53×
5.26×
Q3 24
2.42×
1.76×
Q2 24
1.24×
1.28×
Q1 24
0.65×
1.19×

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%

STEL
STEL

Segment breakdown not available.

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