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Side-by-side financial comparison of MEDIFAST INC (MED) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.

Repay Holdings Corp is the larger business by last-quarter revenue ($78.6M vs $75.1M, roughly 1.0× MEDIFAST INC). On growth, Repay Holdings Corp posted the faster year-over-year revenue change (0.4% vs -36.9%). Repay Holdings Corp produced more free cash flow last quarter ($23.2M vs $-6.6M). Over the past eight quarters, Repay Holdings Corp's revenue compounded faster (-1.3% CAGR vs -34.4%).

Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.

Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.

MED vs RPAY — Head-to-Head

Bigger by revenue
RPAY
RPAY
1.0× larger
RPAY
$78.6M
$75.1M
MED
Growing faster (revenue YoY)
RPAY
RPAY
+37.3% gap
RPAY
0.4%
-36.9%
MED
More free cash flow
RPAY
RPAY
$29.9M more FCF
RPAY
$23.2M
$-6.6M
MED
Faster 2-yr revenue CAGR
RPAY
RPAY
Annualised
RPAY
-1.3%
-34.4%
MED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MED
MED
RPAY
RPAY
Revenue
$75.1M
$78.6M
Net Profit
$-140.1M
Gross Margin
69.4%
74.2%
Operating Margin
-10.4%
-182.2%
Net Margin
-178.3%
Revenue YoY
-36.9%
0.4%
Net Profit YoY
-3304.1%
EPS (diluted)
$-1.64
$-1.68

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
MED
MED
RPAY
RPAY
Q4 25
$75.1M
$78.6M
Q3 25
$89.4M
$77.7M
Q2 25
$105.6M
$75.6M
Q1 25
$115.7M
$77.3M
Q4 24
$119.0M
$78.3M
Q3 24
$140.2M
$79.1M
Q2 24
$168.6M
$74.9M
Q1 24
$174.7M
$80.7M
Net Profit
MED
MED
RPAY
RPAY
Q4 25
$-140.1M
Q3 25
$-2.3M
$-6.4M
Q2 25
$2.5M
$-102.3M
Q1 25
$-772.0K
$-7.9M
Q4 24
$-4.1M
Q3 24
$1.1M
$3.2M
Q2 24
$-8.2M
$-4.1M
Q1 24
$8.3M
$-5.2M
Gross Margin
MED
MED
RPAY
RPAY
Q4 25
69.4%
74.2%
Q3 25
69.5%
74.4%
Q2 25
72.6%
75.7%
Q1 25
72.8%
75.9%
Q4 24
74.1%
76.3%
Q3 24
75.4%
77.8%
Q2 24
73.2%
78.2%
Q1 24
72.8%
76.2%
Operating Margin
MED
MED
RPAY
RPAY
Q4 25
-10.4%
-182.2%
Q3 25
-4.6%
-3.9%
Q2 25
-1.0%
-138.7%
Q1 25
-1.1%
-4.7%
Q4 24
0.6%
-1.5%
Q3 24
1.5%
-0.9%
Q2 24
-4.7%
-4.6%
Q1 24
4.5%
-3.1%
Net Margin
MED
MED
RPAY
RPAY
Q4 25
-178.3%
Q3 25
-2.5%
-8.3%
Q2 25
2.3%
-135.2%
Q1 25
-0.7%
-10.3%
Q4 24
-5.3%
Q3 24
0.8%
4.1%
Q2 24
-4.8%
-5.4%
Q1 24
4.8%
-6.5%
EPS (diluted)
MED
MED
RPAY
RPAY
Q4 25
$-1.64
$-1.68
Q3 25
$-0.21
$-0.08
Q2 25
$0.22
$-1.15
Q1 25
$-0.07
$-0.09
Q4 24
$0.08
$-0.04
Q3 24
$0.10
$0.03
Q2 24
$-0.75
$-0.04
Q1 24
$0.76
$-0.06

Balance Sheet & Financial Strength

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

Metric
MED
MED
RPAY
RPAY
Cash + ST InvestmentsLiquidity on hand
$167.3M
$115.7M
Total DebtLower is stronger
$280.1M
Stockholders' EquityBook value
$198.9M
$484.4M
Total Assets
$248.0M
$1.2B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MED
MED
RPAY
RPAY
Q4 25
$167.3M
$115.7M
Q3 25
$173.5M
$95.7M
Q2 25
$162.7M
$162.6M
Q1 25
$164.6M
$165.5M
Q4 24
$162.3M
$189.5M
Q3 24
$170.0M
$168.7M
Q2 24
$163.5M
$147.1M
Q1 24
$156.4M
$128.3M
Total Debt
MED
MED
RPAY
RPAY
Q4 25
$280.1M
Q3 25
$279.5M
Q2 25
$279.0M
Q1 25
$497.6M
Q4 24
$496.8M
Q3 24
$496.2M
Q2 24
$435.6M
Q1 24
$434.9M
Stockholders' Equity
MED
MED
RPAY
RPAY
Q4 25
$198.9M
$484.4M
Q3 25
$214.7M
$616.9M
Q2 25
$216.0M
$633.7M
Q1 25
$211.0M
$755.7M
Q4 24
$210.1M
$761.3M
Q3 24
$207.3M
$754.7M
Q2 24
$205.3M
$815.4M
Q1 24
$211.0M
$813.8M
Total Assets
MED
MED
RPAY
RPAY
Q4 25
$248.0M
$1.2B
Q3 25
$268.2M
$1.3B
Q2 25
$269.3M
$1.4B
Q1 25
$280.0M
$1.5B
Q4 24
$284.2M
$1.6B
Q3 24
$291.2M
$1.6B
Q2 24
$293.5M
$1.5B
Q1 24
$302.8M
$1.5B
Debt / Equity
MED
MED
RPAY
RPAY
Q4 25
0.58×
Q3 25
0.45×
Q2 25
0.44×
Q1 25
0.66×
Q4 24
0.65×
Q3 24
0.66×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
MED
MED
RPAY
RPAY
Operating Cash FlowLast quarter
$-5.3M
$23.3M
Free Cash FlowOCF − Capex
$-6.6M
$23.2M
FCF MarginFCF / Revenue
-8.8%
29.6%
Capex IntensityCapex / Revenue
1.8%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2M
$90.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MED
MED
RPAY
RPAY
Q4 25
$-5.3M
$23.3M
Q3 25
$12.1M
$32.2M
Q2 25
$-3.4M
$33.1M
Q1 25
$3.4M
$2.5M
Q4 24
$-4.9M
$34.3M
Q3 24
$9.1M
$60.1M
Q2 24
$13.1M
$31.0M
Q1 24
$7.3M
$24.8M
Free Cash Flow
MED
MED
RPAY
RPAY
Q4 25
$-6.6M
$23.2M
Q3 25
$10.8M
$32.1M
Q2 25
$-4.8M
$33.0M
Q1 25
$1.9M
$2.4M
Q4 24
$-7.2M
$34.0M
Q3 24
$7.7M
$59.8M
Q2 24
$11.1M
$30.5M
Q1 24
$5.4M
$24.7M
FCF Margin
MED
MED
RPAY
RPAY
Q4 25
-8.8%
29.6%
Q3 25
12.0%
41.3%
Q2 25
-4.5%
43.6%
Q1 25
1.6%
3.0%
Q4 24
-6.1%
43.5%
Q3 24
5.5%
75.6%
Q2 24
6.6%
40.7%
Q1 24
3.1%
30.6%
Capex Intensity
MED
MED
RPAY
RPAY
Q4 25
1.8%
0.1%
Q3 25
1.5%
0.2%
Q2 25
1.3%
0.1%
Q1 25
1.3%
0.2%
Q4 24
1.9%
0.3%
Q3 24
1.0%
0.3%
Q2 24
1.1%
0.6%
Q1 24
1.1%
0.1%
Cash Conversion
MED
MED
RPAY
RPAY
Q4 25
Q3 25
Q2 25
-1.36×
Q1 25
Q4 24
Q3 24
8.04×
18.52×
Q2 24
Q1 24
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MED
MED

Segment breakdown not available.

RPAY
RPAY

Sales Channel Directly To Consumer$69.4M88%
Other$6.8M9%
Sales Channel Through Intermediary$2.3M3%

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