vs

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

MEDIFAST INC is the larger business by last-quarter revenue ($75.1M vs $47.1M, roughly 1.6× STEM, INC.). On growth, STEM, INC. posted the faster year-over-year revenue change (-15.6% vs -36.9%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% 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.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

MED vs STEM — Head-to-Head

Bigger by revenue
MED
MED
1.6× larger
MED
$75.1M
$47.1M
STEM
Growing faster (revenue YoY)
STEM
STEM
+21.3% gap
STEM
-15.6%
-36.9%
MED
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
-34.4%
MED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MED
MED
STEM
STEM
Revenue
$75.1M
$47.1M
Net Profit
$-16.0M
Gross Margin
69.4%
48.9%
Operating Margin
-10.4%
-17.7%
Net Margin
-33.9%
Revenue YoY
-36.9%
-15.6%
Net Profit YoY
68.8%
EPS (diluted)
$-1.64
$-4.40

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
STEM
STEM
Q4 25
$75.1M
$47.1M
Q3 25
$89.4M
$38.2M
Q2 25
$105.6M
$38.4M
Q1 25
$115.7M
$32.5M
Q4 24
$119.0M
$55.8M
Q3 24
$140.2M
$29.3M
Q2 24
$168.6M
$34.0M
Q1 24
$174.7M
$25.5M
Net Profit
MED
MED
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-2.3M
$-23.8M
Q2 25
$2.5M
$202.5M
Q1 25
$-772.0K
$-25.0M
Q4 24
$-51.1M
Q3 24
$1.1M
$-148.3M
Q2 24
$-8.2M
$-582.3M
Q1 24
$8.3M
$-72.3M
Gross Margin
MED
MED
STEM
STEM
Q4 25
69.4%
48.9%
Q3 25
69.5%
35.5%
Q2 25
72.6%
33.4%
Q1 25
72.8%
32.4%
Q4 24
74.1%
-4.4%
Q3 24
75.4%
21.2%
Q2 24
73.2%
27.6%
Q1 24
72.8%
-95.0%
Operating Margin
MED
MED
STEM
STEM
Q4 25
-10.4%
-17.7%
Q3 25
-4.6%
-33.6%
Q2 25
-1.0%
-34.8%
Q1 25
-1.1%
-65.0%
Q4 24
0.6%
-84.4%
Q3 24
1.5%
-493.2%
Q2 24
-4.7%
-1705.5%
Q1 24
4.5%
-267.0%
Net Margin
MED
MED
STEM
STEM
Q4 25
-33.9%
Q3 25
-2.5%
-62.2%
Q2 25
2.3%
527.8%
Q1 25
-0.7%
-76.9%
Q4 24
-91.6%
Q3 24
0.8%
-506.3%
Q2 24
-4.8%
-1712.6%
Q1 24
4.8%
-283.9%
EPS (diluted)
MED
MED
STEM
STEM
Q4 25
$-1.64
$-4.40
Q3 25
$-0.21
$-2.84
Q2 25
$0.22
$-1.79
Q1 25
$-0.07
$-0.15
Q4 24
$0.08
$-15.29
Q3 24
$0.10
$-18.24
Q2 24
$-0.75
$-71.81
Q1 24
$0.76
$-0.46

Balance Sheet & Financial Strength

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

Metric
MED
MED
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$167.3M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$198.9M
$-249.4M
Total Assets
$248.0M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MED
MED
STEM
STEM
Q4 25
$167.3M
$48.9M
Q3 25
$173.5M
$43.1M
Q2 25
$162.7M
$40.8M
Q1 25
$164.6M
$58.6M
Q4 24
$162.3M
$56.3M
Q3 24
$170.0M
$75.4M
Q2 24
$163.5M
$89.6M
Q1 24
$156.4M
$112.8M
Stockholders' Equity
MED
MED
STEM
STEM
Q4 25
$198.9M
$-249.4M
Q3 25
$214.7M
$-235.7M
Q2 25
$216.0M
$-214.1M
Q1 25
$211.0M
$-417.5M
Q4 24
$210.1M
$-398.4M
Q3 24
$207.3M
$-344.1M
Q2 24
$205.3M
$-203.2M
Q1 24
$211.0M
$371.6M
Total Assets
MED
MED
STEM
STEM
Q4 25
$248.0M
$308.9M
Q3 25
$268.2M
$362.6M
Q2 25
$269.3M
$379.2M
Q1 25
$280.0M
$405.1M
Q4 24
$284.2M
$437.4M
Q3 24
$291.2M
$537.8M
Q2 24
$293.5M
$691.5M
Q1 24
$302.8M
$1.3B

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
STEM
STEM
Operating Cash FlowLast quarter
$-5.3M
$8.2M
Free Cash FlowOCF − Capex
$-6.6M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MED
MED
STEM
STEM
Q4 25
$-5.3M
$8.2M
Q3 25
$12.1M
$11.4M
Q2 25
$-3.4M
$-21.3M
Q1 25
$3.4M
$8.5M
Q4 24
$-4.9M
$-14.7M
Q3 24
$9.1M
$-9.4M
Q2 24
$13.1M
$-11.9M
Q1 24
$7.3M
$-621.0K
Free Cash Flow
MED
MED
STEM
STEM
Q4 25
$-6.6M
Q3 25
$10.8M
Q2 25
$-4.8M
Q1 25
$1.9M
Q4 24
$-7.2M
Q3 24
$7.7M
Q2 24
$11.1M
Q1 24
$5.4M
FCF Margin
MED
MED
STEM
STEM
Q4 25
-8.8%
Q3 25
12.0%
Q2 25
-4.5%
Q1 25
1.6%
Q4 24
-6.1%
Q3 24
5.5%
Q2 24
6.6%
Q1 24
3.1%
Capex Intensity
MED
MED
STEM
STEM
Q4 25
1.8%
Q3 25
1.5%
Q2 25
1.3%
Q1 25
1.3%
Q4 24
1.9%
Q3 24
1.0%
Q2 24
1.1%
Q1 24
1.1%
Cash Conversion
MED
MED
STEM
STEM
Q4 25
Q3 25
Q2 25
-1.36×
-0.11×
Q1 25
Q4 24
Q3 24
8.04×
Q2 24
Q1 24
0.88×

Financial Flow Comparison

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

Related Comparisons