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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) and IMPINJ INC (PI). Click either name above to swap in a different company.

IMPINJ INC is the larger business by last-quarter revenue ($74.3M vs $70.6M, roughly 1.1× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 11.2%, a 6.1% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs -0.0%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs -14.9%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

Impinj, Inc. is an American manufacturer of radio-frequency identification (RFID) devices and software. The company was founded in 2000 and is headquartered in Seattle, Washington. The company was started based on the research done at the California Institute of Technology by Carver Mead and Chris Diorio. Impinj currently produces EPC Class 1, Gen 2 passive UHF RFID chips, RFID readers, RFID reader chips, and RFID antennas, and software applications for encoding chips, and gathering business ...

MFIN vs PI — Head-to-Head

Bigger by revenue
PI
PI
1.1× larger
PI
$74.3M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+25.5% gap
MFIN
25.4%
-0.0%
PI
Higher net margin
MFIN
MFIN
6.1% more per $
MFIN
17.3%
11.2%
PI
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
-14.9%
PI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MFIN
MFIN
PI
PI
Revenue
$70.6M
$74.3M
Net Profit
$12.2M
$8.3M
Gross Margin
49.1%
Operating Margin
29.3%
30.5%
Net Margin
17.3%
11.2%
Revenue YoY
25.4%
-0.0%
Net Profit YoY
20.3%
EPS (diluted)
$0.50
$0.14

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
MFIN
MFIN
PI
PI
Q1 26
$74.3M
Q4 25
$70.6M
$92.8M
Q3 25
$58.7M
$96.1M
Q2 25
$62.6M
$97.9M
Q1 25
$63.0M
$74.3M
Q4 24
$56.3M
$91.6M
Q3 24
$53.3M
$95.2M
Q2 24
$51.0M
$102.5M
Net Profit
MFIN
MFIN
PI
PI
Q1 26
$8.3M
Q4 25
$12.2M
$-1.1M
Q3 25
$7.8M
$-12.8M
Q2 25
$11.1M
$11.6M
Q1 25
$12.0M
$-8.5M
Q4 24
$10.1M
$-2.7M
Q3 24
$8.6M
$221.0K
Q2 24
$7.1M
$10.0M
Gross Margin
MFIN
MFIN
PI
PI
Q1 26
49.1%
Q4 25
51.8%
Q3 25
50.3%
Q2 25
57.8%
Q1 25
49.4%
Q4 24
50.5%
Q3 24
50.0%
Q2 24
56.1%
Operating Margin
MFIN
MFIN
PI
PI
Q1 26
30.5%
Q4 25
29.3%
-2.9%
Q3 25
33.2%
0.7%
Q2 25
31.1%
11.1%
Q1 25
32.1%
-12.9%
Q4 24
32.8%
-3.9%
Q3 24
26.6%
-0.8%
Q2 24
24.3%
8.8%
Net Margin
MFIN
MFIN
PI
PI
Q1 26
11.2%
Q4 25
17.3%
-1.2%
Q3 25
13.2%
-13.3%
Q2 25
17.7%
11.8%
Q1 25
19.1%
-11.4%
Q4 24
18.0%
-2.9%
Q3 24
16.1%
0.2%
Q2 24
13.9%
9.7%
EPS (diluted)
MFIN
MFIN
PI
PI
Q1 26
$0.14
Q4 25
$0.50
$-0.02
Q3 25
$0.32
$-0.44
Q2 25
$0.46
$0.39
Q1 25
$0.50
$-0.30
Q4 24
$0.43
$-0.06
Q3 24
$0.37
$0.01
Q2 24
$0.30
$0.34

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
PI
PI
Cash + ST InvestmentsLiquidity on hand
$136.3M
$131.8M
Total DebtLower is stronger
$216.0M
$241.5M
Stockholders' EquityBook value
$408.6M
Total Assets
$3.0B
$502.5M
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
PI
PI
Q1 26
$131.8M
Q4 25
$136.3M
$175.3M
Q3 25
$72.5M
$190.1M
Q2 25
$110.4M
$193.2M
Q1 25
$131.5M
$147.9M
Q4 24
$98.2M
$164.7M
Q3 24
$120.6M
$170.3M
Q2 24
$87.7M
$220.2M
Total Debt
MFIN
MFIN
PI
PI
Q1 26
$241.5M
Q4 25
$216.0M
$280.9M
Q3 25
$215.7M
$280.4M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
$283.5M
Q3 24
$232.0M
Q2 24
$230.8M
Stockholders' Equity
MFIN
MFIN
PI
PI
Q1 26
Q4 25
$408.6M
$209.2M
Q3 25
$397.4M
$195.0M
Q2 25
$389.9M
$187.7M
Q1 25
$380.2M
$160.6M
Q4 24
$370.2M
$149.9M
Q3 24
$362.4M
$136.1M
Q2 24
$354.0M
$117.0M
Total Assets
MFIN
MFIN
PI
PI
Q1 26
$502.5M
Q4 25
$3.0B
$545.2M
Q3 25
$2.9B
$516.5M
Q2 25
$2.9B
$508.8M
Q1 25
$2.8B
$479.8M
Q4 24
$2.9B
$489.1M
Q3 24
$2.9B
$476.4M
Q2 24
$2.8B
$446.1M
Debt / Equity
MFIN
MFIN
PI
PI
Q1 26
Q4 25
0.53×
1.34×
Q3 25
0.54×
1.44×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
1.89×
Q3 24
0.64×
Q2 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
MFIN
MFIN
PI
PI
Operating Cash FlowLast quarter
$126.3M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
3.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
PI
PI
Q1 26
Q4 25
$126.3M
$15.1M
Q3 25
$67.0M
$20.9M
Q2 25
$-10.7M
$33.9M
Q1 25
$36.3M
$-11.1M
Q4 24
$108.7M
$12.6M
Q3 24
$24.6M
$10.1M
Q2 24
$27.6M
$45.5M
Free Cash Flow
MFIN
MFIN
PI
PI
Q1 26
$2.2M
Q4 25
$13.6M
Q3 25
$18.0M
Q2 25
$27.3M
Q1 25
$-13.0M
Q4 24
$8.5M
Q3 24
$4.7M
Q2 24
$44.1M
FCF Margin
MFIN
MFIN
PI
PI
Q1 26
3.0%
Q4 25
14.7%
Q3 25
18.7%
Q2 25
27.9%
Q1 25
-17.5%
Q4 24
9.3%
Q3 24
4.9%
Q2 24
43.0%
Capex Intensity
MFIN
MFIN
PI
PI
Q1 26
Q4 25
1.6%
Q3 25
3.1%
Q2 25
6.7%
Q1 25
2.5%
Q4 24
4.5%
Q3 24
5.7%
Q2 24
1.3%
Cash Conversion
MFIN
MFIN
PI
PI
Q1 26
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
2.93×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
45.56×
Q2 24
3.89×
4.56×

Financial Flow Comparison

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

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