vs

Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and Organogenesis Holdings Inc. (ORGO). Click either name above to swap in a different company.

Organogenesis Holdings Inc. is the larger business by last-quarter revenue ($225.6M vs $134.3M, roughly 1.7× Mayville Engineering Company, Inc.). Organogenesis Holdings Inc. runs the higher net margin — 19.4% vs -3.2%, a 22.6% gap on every dollar of revenue. On growth, Organogenesis Holdings Inc. posted the faster year-over-year revenue change (78.1% vs 10.7%). Organogenesis Holdings Inc. produced more free cash flow last quarter ($34.8M vs $10.2M). Over the past eight quarters, Organogenesis Holdings Inc.'s revenue compounded faster (43.2% CAGR vs -8.8%).

Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.

Organogenesis Holdings Inc. is a leading regenerative medicine firm specializing in developing and manufacturing advanced therapeutic products for wound care, surgical repair, sports medicine, and dermatology. It serves healthcare providers and patients primarily in the U.S. and select international markets, offering clinically validated solutions for unmet medical needs.

MEC vs ORGO — Head-to-Head

Bigger by revenue
ORGO
ORGO
1.7× larger
ORGO
$225.6M
$134.3M
MEC
Growing faster (revenue YoY)
ORGO
ORGO
+67.4% gap
ORGO
78.1%
10.7%
MEC
Higher net margin
ORGO
ORGO
22.6% more per $
ORGO
19.4%
-3.2%
MEC
More free cash flow
ORGO
ORGO
$24.6M more FCF
ORGO
$34.8M
$10.2M
MEC
Faster 2-yr revenue CAGR
ORGO
ORGO
Annualised
ORGO
43.2%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MEC
MEC
ORGO
ORGO
Revenue
$134.3M
$225.6M
Net Profit
$-4.4M
$43.7M
Gross Margin
6.8%
Operating Margin
-4.1%
28.1%
Net Margin
-3.2%
19.4%
Revenue YoY
10.7%
78.1%
Net Profit YoY
-127.3%
469.5%
EPS (diluted)
$-0.22
$0.31

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
MEC
MEC
ORGO
ORGO
Q4 25
$134.3M
$225.6M
Q3 25
$144.3M
$150.9M
Q2 25
$132.3M
$101.0M
Q1 25
$135.6M
$86.7M
Q4 24
$121.3M
$126.7M
Q3 24
$135.4M
$115.2M
Q2 24
$163.6M
$130.2M
Q1 24
$161.3M
$110.0M
Net Profit
MEC
MEC
ORGO
ORGO
Q4 25
$-4.4M
$43.7M
Q3 25
$-2.7M
$21.6M
Q2 25
$-1.1M
$-9.4M
Q1 25
$20.0K
$-18.8M
Q4 24
$16.0M
$7.7M
Q3 24
$3.0M
$12.3M
Q2 24
$3.8M
$-17.0M
Q1 24
$3.2M
$-2.1M
Gross Margin
MEC
MEC
ORGO
ORGO
Q4 25
6.8%
Q3 25
11.0%
Q2 25
10.3%
Q1 25
11.3%
72.6%
Q4 24
8.9%
75.5%
Q3 24
12.6%
76.7%
Q2 24
13.6%
77.6%
Q1 24
13.0%
73.9%
Operating Margin
MEC
MEC
ORGO
ORGO
Q4 25
-4.1%
28.1%
Q3 25
0.0%
13.7%
Q2 25
0.1%
-12.5%
Q1 25
1.2%
-30.9%
Q4 24
19.0%
8.1%
Q3 24
4.2%
5.4%
Q2 24
5.0%
-10.7%
Q1 24
4.7%
-3.5%
Net Margin
MEC
MEC
ORGO
ORGO
Q4 25
-3.2%
19.4%
Q3 25
-1.9%
14.3%
Q2 25
-0.8%
-9.3%
Q1 25
0.0%
-21.7%
Q4 24
13.2%
6.1%
Q3 24
2.2%
10.7%
Q2 24
2.3%
-13.1%
Q1 24
2.0%
-1.9%
EPS (diluted)
MEC
MEC
ORGO
ORGO
Q4 25
$-0.22
$0.31
Q3 25
$-0.13
$0.11
Q2 25
$-0.05
$-0.10
Q1 25
$0.00
$-0.17
Q4 24
$0.76
$0.05
Q3 24
$0.14
$0.09
Q2 24
$0.18
$-0.13
Q1 24
$0.16
$-0.02

Balance Sheet & Financial Strength

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

Metric
MEC
MEC
ORGO
ORGO
Cash + ST InvestmentsLiquidity on hand
$1.5M
$93.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$240.7M
$300.1M
Total Assets
$563.6M
$598.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEC
MEC
ORGO
ORGO
Q4 25
$1.5M
$93.7M
Q3 25
$1.2M
$63.7M
Q2 25
$206.0K
$73.1M
Q1 25
$183.0K
$110.0M
Q4 24
$206.0K
$135.6M
Q3 24
$178.0K
$94.3M
Q2 24
$314.0K
$89.9M
Q1 24
$314.0K
$88.6M
Total Debt
MEC
MEC
ORGO
ORGO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$62.3M
Q2 24
$63.8M
Q1 24
$65.2M
Stockholders' Equity
MEC
MEC
ORGO
ORGO
Q4 25
$240.7M
$300.1M
Q3 25
$244.8M
$255.1M
Q2 25
$246.8M
$233.2M
Q1 25
$250.0M
$242.9M
Q4 24
$251.8M
$262.9M
Q3 24
$238.4M
$278.5M
Q2 24
$238.1M
$263.5M
Q1 24
$234.0M
$278.0M
Total Assets
MEC
MEC
ORGO
ORGO
Q4 25
$563.6M
$598.7M
Q3 25
$585.6M
$509.8M
Q2 25
$433.7M
$461.1M
Q1 25
$447.7M
$467.4M
Q4 24
$445.6M
$497.9M
Q3 24
$466.0M
$446.3M
Q2 24
$488.2M
$443.2M
Q1 24
$499.9M
$458.5M
Debt / Equity
MEC
MEC
ORGO
ORGO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.22×
Q2 24
0.24×
Q1 24
0.23×

Cash Flow & Capital Efficiency

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

Metric
MEC
MEC
ORGO
ORGO
Operating Cash FlowLast quarter
$13.4M
$39.4M
Free Cash FlowOCF − Capex
$10.2M
$34.8M
FCF MarginFCF / Revenue
7.6%
15.4%
Capex IntensityCapex / Revenue
2.4%
2.1%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters
$26.9M
$-24.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEC
MEC
ORGO
ORGO
Q4 25
$13.4M
$39.4M
Q3 25
$1.9M
$3.1M
Q2 25
$15.0M
$-32.9M
Q1 25
$8.3M
$-19.9M
Q4 24
$38.0M
$10.9M
Q3 24
$17.9M
$8.7M
Q2 24
$23.3M
$4.7M
Q1 24
$10.6M
$-10.2M
Free Cash Flow
MEC
MEC
ORGO
ORGO
Q4 25
$10.2M
$34.8M
Q3 25
$-1.1M
$844.0K
Q2 25
$12.5M
$-36.5M
Q1 25
$5.4M
$-23.6M
Q4 24
$35.6M
$7.6M
Q3 24
$15.1M
$6.1M
Q2 24
$19.2M
$2.9M
Q1 24
$7.8M
$-12.4M
FCF Margin
MEC
MEC
ORGO
ORGO
Q4 25
7.6%
15.4%
Q3 25
-0.8%
0.6%
Q2 25
9.5%
-36.1%
Q1 25
4.0%
-27.2%
Q4 24
29.4%
6.0%
Q3 24
11.1%
5.3%
Q2 24
11.7%
2.2%
Q1 24
4.9%
-11.3%
Capex Intensity
MEC
MEC
ORGO
ORGO
Q4 25
2.4%
2.1%
Q3 25
2.1%
1.5%
Q2 25
1.8%
3.6%
Q1 25
2.2%
4.2%
Q4 24
1.9%
2.7%
Q3 24
2.1%
2.2%
Q2 24
2.5%
1.4%
Q1 24
1.7%
2.0%
Cash Conversion
MEC
MEC
ORGO
ORGO
Q4 25
0.90×
Q3 25
0.14×
Q2 25
Q1 25
416.65×
Q4 24
2.38×
1.43×
Q3 24
6.03×
0.71×
Q2 24
6.15×
Q1 24
3.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MEC
MEC

Fabrication$72.2M54%
Construction And Access$19.2M14%
Tubes$16.2M12%
Other Market$11.9M9%
Agriculture$7.7M6%
Military$6.7M5%
Outdoor Sports$1.7M1%

ORGO
ORGO

Segment breakdown not available.

Related Comparisons