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Side-by-side financial comparison of MIMEDX GROUP, INC. (MDXG) and WESTAMERICA BANCORPORATION (WABC). Click either name above to swap in a different company.

MIMEDX GROUP, INC. is the larger business by last-quarter revenue ($118.1M vs $63.3M, roughly 1.9× WESTAMERICA BANCORPORATION). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs 12.9%, a 31.1% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs -9.0%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% CAGR vs -8.6%).

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.

Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.

MDXG vs WABC — Head-to-Head

Bigger by revenue
MDXG
MDXG
1.9× larger
MDXG
$118.1M
$63.3M
WABC
Growing faster (revenue YoY)
MDXG
MDXG
+36.1% gap
MDXG
27.1%
-9.0%
WABC
Higher net margin
WABC
WABC
31.1% more per $
WABC
43.9%
12.9%
MDXG
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
-8.6%
WABC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MDXG
MDXG
WABC
WABC
Revenue
$118.1M
$63.3M
Net Profit
$15.2M
$27.8M
Gross Margin
83.9%
Operating Margin
17.8%
59.8%
Net Margin
12.9%
43.9%
Revenue YoY
27.1%
-9.0%
Net Profit YoY
104.2%
-12.3%
EPS (diluted)
$0.10
$1.12

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
WABC
WABC
Q4 25
$118.1M
$63.3M
Q3 25
$113.7M
$63.7M
Q2 25
$98.6M
$64.6M
Q1 25
$88.2M
$66.4M
Q4 24
$92.9M
$69.6M
Q3 24
$84.1M
$74.1M
Q2 24
$87.2M
$74.3M
Q1 24
$84.7M
$75.8M
Net Profit
MDXG
MDXG
WABC
WABC
Q4 25
$15.2M
$27.8M
Q3 25
$16.7M
$28.3M
Q2 25
$9.6M
$29.1M
Q1 25
$7.0M
$31.0M
Q4 24
$7.4M
$31.7M
Q3 24
$8.1M
$35.1M
Q2 24
$17.6M
$35.5M
Q1 24
$9.3M
$36.4M
Gross Margin
MDXG
MDXG
WABC
WABC
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
WABC
WABC
Q4 25
17.8%
59.8%
Q3 25
19.5%
59.5%
Q2 25
12.5%
60.5%
Q1 25
9.4%
63.0%
Q4 24
11.9%
62.8%
Q3 24
13.3%
64.5%
Q2 24
26.9%
64.8%
Q1 24
15.6%
65.2%
Net Margin
MDXG
MDXG
WABC
WABC
Q4 25
12.9%
43.9%
Q3 25
14.7%
44.3%
Q2 25
9.8%
45.0%
Q1 25
8.0%
46.7%
Q4 24
8.0%
45.6%
Q3 24
9.6%
47.3%
Q2 24
20.2%
47.8%
Q1 24
10.9%
48.0%
EPS (diluted)
MDXG
MDXG
WABC
WABC
Q4 25
$0.10
$1.12
Q3 25
$0.11
$1.12
Q2 25
$0.06
$1.12
Q1 25
$0.05
$1.16
Q4 24
$0.05
$1.19
Q3 24
$0.05
$1.31
Q2 24
$0.12
$1.33
Q1 24
$0.06
$1.37

Balance Sheet & Financial Strength

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

Metric
MDXG
MDXG
WABC
WABC
Cash + ST InvestmentsLiquidity on hand
$166.1M
Total DebtLower is stronger
$18.0M
Stockholders' EquityBook value
$256.5M
$933.5M
Total Assets
$342.7M
$6.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXG
MDXG
WABC
WABC
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
Q1 24
$48.5M
Total Debt
MDXG
MDXG
WABC
WABC
Q4 25
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$19.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MDXG
MDXG
WABC
WABC
Q4 25
$256.5M
$933.5M
Q3 25
$238.9M
$931.6M
Q2 25
$216.6M
$921.8M
Q1 25
$202.8M
$923.1M
Q4 24
$193.1M
$890.0M
Q3 24
$181.0M
$909.0M
Q2 24
$168.0M
$815.6M
Q1 24
$155.7M
$791.7M
Total Assets
MDXG
MDXG
WABC
WABC
Q4 25
$342.7M
$6.0B
Q3 25
$319.0M
$5.9B
Q2 25
$291.1M
$5.8B
Q1 25
$270.4M
$6.0B
Q4 24
$263.9M
$6.1B
Q3 24
$243.9M
$6.2B
Q2 24
$230.2M
$6.3B
Q1 24
$221.7M
$6.5B
Debt / Equity
MDXG
MDXG
WABC
WABC
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
WABC
WABC
Operating Cash FlowLast quarter
$25.0M
$121.9M
Free Cash FlowOCF − Capex
$119.7M
FCF MarginFCF / Revenue
189.0%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
1.64×
4.38×
TTM Free Cash FlowTrailing 4 quarters
$213.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXG
MDXG
WABC
WABC
Q4 25
$25.0M
$121.9M
Q3 25
$29.3M
$29.4M
Q2 25
$14.4M
$23.5M
Q1 25
$5.3M
$42.4M
Q4 24
$18.8M
$141.6M
Q3 24
$19.6M
$40.6M
Q2 24
$21.8M
$19.0M
Q1 24
$6.0M
$52.2M
Free Cash Flow
MDXG
MDXG
WABC
WABC
Q4 25
$119.7M
Q3 25
$28.7M
Q2 25
$22.8M
Q1 25
$42.2M
Q4 24
$139.8M
Q3 24
$40.1M
Q2 24
$18.6M
Q1 24
$52.1M
FCF Margin
MDXG
MDXG
WABC
WABC
Q4 25
189.0%
Q3 25
45.1%
Q2 25
35.3%
Q1 25
63.5%
Q4 24
201.0%
Q3 24
54.1%
Q2 24
25.0%
Q1 24
68.7%
Capex Intensity
MDXG
MDXG
WABC
WABC
Q4 25
3.5%
Q3 25
1.1%
Q2 25
1.1%
Q1 25
0.3%
Q4 24
2.5%
Q3 24
0.7%
Q2 24
0.6%
Q1 24
0.2%
Cash Conversion
MDXG
MDXG
WABC
WABC
Q4 25
1.64×
4.38×
Q3 25
1.75×
1.04×
Q2 25
1.50×
0.81×
Q1 25
0.75×
1.37×
Q4 24
2.53×
4.47×
Q3 24
2.42×
1.16×
Q2 24
1.24×
0.54×
Q1 24
0.65×
1.43×

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%

WABC
WABC

Segment breakdown not available.

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