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Side-by-side financial comparison of MFA FINANCIAL, INC. (MFA) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.

TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $55.5M, roughly 1.9× MFA FINANCIAL, INC.). On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 9.2%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs 7.7%).

MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.

Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.

MFA vs TCMD — Head-to-Head

Bigger by revenue
TCMD
TCMD
1.9× larger
TCMD
$103.6M
$55.5M
MFA
Growing faster (revenue YoY)
TCMD
TCMD
+11.8% gap
TCMD
21.0%
9.2%
MFA
Faster 2-yr revenue CAGR
TCMD
TCMD
Annualised
TCMD
30.2%
7.7%
MFA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFA
MFA
TCMD
TCMD
Revenue
$55.5M
$103.6M
Net Profit
$10.6M
Gross Margin
78.2%
Operating Margin
97.9%
18.1%
Net Margin
10.3%
Revenue YoY
9.2%
21.0%
Net Profit YoY
9.4%
EPS (diluted)
$0.43
$0.45

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
MFA
MFA
TCMD
TCMD
Q4 25
$55.5M
$103.6M
Q3 25
$56.8M
$85.8M
Q2 25
$61.3M
$78.9M
Q1 25
$57.5M
$61.3M
Q4 24
$50.8M
$85.6M
Q3 24
$50.6M
$73.1M
Q2 24
$53.5M
$73.2M
Q1 24
$47.8M
$61.1M
Net Profit
MFA
MFA
TCMD
TCMD
Q4 25
$10.6M
Q3 25
$48.1M
$8.2M
Q2 25
$33.2M
$3.2M
Q1 25
$41.2M
$-3.0M
Q4 24
$9.7M
Q3 24
$48.2M
$5.2M
Q2 24
$41.9M
$4.3M
Q1 24
$23.2M
$-2.2M
Gross Margin
MFA
MFA
TCMD
TCMD
Q4 25
78.2%
Q3 25
75.8%
Q2 25
74.5%
Q1 25
74.0%
Q4 24
75.2%
Q3 24
75.0%
Q2 24
73.9%
Q1 24
71.1%
Operating Margin
MFA
MFA
TCMD
TCMD
Q4 25
97.9%
18.1%
Q3 25
84.5%
12.8%
Q2 25
54.5%
5.2%
Q1 25
70.0%
-7.4%
Q4 24
6.8%
14.6%
Q3 24
98.2%
9.3%
Q2 24
79.1%
8.0%
Q1 24
50.7%
-4.9%
Net Margin
MFA
MFA
TCMD
TCMD
Q4 25
10.3%
Q3 25
84.7%
9.6%
Q2 25
54.2%
4.1%
Q1 25
71.6%
-4.9%
Q4 24
11.4%
Q3 24
95.2%
7.1%
Q2 24
78.4%
5.9%
Q1 24
48.5%
-3.6%
EPS (diluted)
MFA
MFA
TCMD
TCMD
Q4 25
$0.43
$0.45
Q3 25
$0.35
$0.36
Q2 25
$0.21
$0.14
Q1 25
$0.31
$-0.13
Q4 24
$-0.01
$0.40
Q3 24
$0.37
$0.21
Q2 24
$0.32
$0.18
Q1 24
$0.14
$-0.09

Balance Sheet & Financial Strength

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

Metric
MFA
MFA
TCMD
TCMD
Cash + ST InvestmentsLiquidity on hand
$213.2M
$83.4M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$1.8B
$218.9M
Total Assets
$13.0B
$273.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFA
MFA
TCMD
TCMD
Q4 25
$213.2M
$83.4M
Q3 25
$305.2M
$66.0M
Q2 25
$275.7M
$81.5M
Q1 25
$253.7M
$83.6M
Q4 24
$338.9M
$94.4M
Q3 24
$305.6M
$82.1M
Q2 24
$289.4M
$73.6M
Q1 24
$306.3M
$60.7M
Total Debt
MFA
MFA
TCMD
TCMD
Q4 25
$0
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$27.0M
Q2 24
$27.8M
Q1 24
$28.5M
Stockholders' Equity
MFA
MFA
TCMD
TCMD
Q4 25
$1.8B
$218.9M
Q3 25
$1.8B
$204.9M
Q2 25
$1.8B
$194.9M
Q1 25
$1.8B
$205.6M
Q4 24
$1.8B
$216.6M
Q3 24
$1.9B
$207.9M
Q2 24
$1.9B
$200.7M
Q1 24
$1.9B
$193.5M
Total Assets
MFA
MFA
TCMD
TCMD
Q4 25
$13.0B
$273.9M
Q3 25
$12.1B
$259.2M
Q2 25
$11.7B
$273.0M
Q1 25
$11.5B
$280.2M
Q4 24
$11.4B
$297.9M
Q3 24
$11.2B
$287.7M
Q2 24
$11.1B
$278.8M
Q1 24
$10.9B
$272.0M
Debt / Equity
MFA
MFA
TCMD
TCMD
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.15×

Cash Flow & Capital Efficiency

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

Metric
MFA
MFA
TCMD
TCMD
Operating Cash FlowLast quarter
$76.2M
$17.3M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFA
MFA
TCMD
TCMD
Q4 25
$76.2M
$17.3M
Q3 25
$14.7M
$10.3M
Q2 25
$38.5M
$14.8M
Q1 25
$-14.6M
$417.0K
Q4 24
$200.1M
$16.3M
Q3 24
$-11.3M
$10.3M
Q2 24
$46.5M
$13.1M
Q1 24
$53.5M
$924.0K
Free Cash Flow
MFA
MFA
TCMD
TCMD
Q4 25
$16.8M
Q3 25
$9.2M
Q2 25
$14.4M
Q1 25
$38.0K
Q4 24
$15.9M
Q3 24
$9.3M
Q2 24
$12.6M
Q1 24
$442.0K
FCF Margin
MFA
MFA
TCMD
TCMD
Q4 25
16.2%
Q3 25
10.8%
Q2 25
18.2%
Q1 25
0.1%
Q4 24
18.5%
Q3 24
12.7%
Q2 24
17.3%
Q1 24
0.7%
Capex Intensity
MFA
MFA
TCMD
TCMD
Q4 25
0.5%
Q3 25
1.3%
Q2 25
0.5%
Q1 25
0.6%
Q4 24
0.5%
Q3 24
1.3%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
MFA
MFA
TCMD
TCMD
Q4 25
1.63×
Q3 25
0.31×
1.26×
Q2 25
1.16×
4.59×
Q1 25
-0.35×
Q4 24
1.68×
Q3 24
-0.23×
1.99×
Q2 24
1.11×
3.06×
Q1 24
2.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFA
MFA

Segment breakdown not available.

TCMD
TCMD

Private Insurers$57.6M56%
Medicare$24.6M24%
Durable Medical Equipment Distributors$14.1M14%
Veterans Administration$7.3M7%

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