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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) and Perimeter Solutions, Inc. (PRM). Click either name above to swap in a different company.

Perimeter Solutions, Inc. is the larger business by last-quarter revenue ($102.8M vs $70.6M, roughly 1.5× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -136.5%, a 153.8% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 19.2%). Over the past eight quarters, Perimeter Solutions, Inc.'s revenue compounded faster (31.9% CAGR vs 15.0%).

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.

Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.

MFIN vs PRM — Head-to-Head

Bigger by revenue
PRM
PRM
1.5× larger
PRM
$102.8M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+6.3% gap
MFIN
25.4%
19.2%
PRM
Higher net margin
MFIN
MFIN
153.8% more per $
MFIN
17.3%
-136.5%
PRM
Faster 2-yr revenue CAGR
PRM
PRM
Annualised
PRM
31.9%
15.0%
MFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFIN
MFIN
PRM
PRM
Revenue
$70.6M
$102.8M
Net Profit
$12.2M
$-140.2M
Gross Margin
45.2%
Operating Margin
29.3%
-160.7%
Net Margin
17.3%
-136.5%
Revenue YoY
25.4%
19.2%
Net Profit YoY
20.3%
-197.3%
EPS (diluted)
$0.50
$-0.89

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
PRM
PRM
Q4 25
$70.6M
$102.8M
Q3 25
$58.7M
$315.4M
Q2 25
$62.6M
$162.6M
Q1 25
$63.0M
$72.0M
Q4 24
$56.3M
$86.2M
Q3 24
$53.3M
$288.4M
Q2 24
$51.0M
$127.3M
Q1 24
$53.3M
$59.0M
Net Profit
MFIN
MFIN
PRM
PRM
Q4 25
$12.2M
$-140.2M
Q3 25
$7.8M
$-90.7M
Q2 25
$11.1M
$-32.2M
Q1 25
$12.0M
$56.7M
Q4 24
$10.1M
$144.2M
Q3 24
$8.6M
$-89.2M
Q2 24
$7.1M
$21.6M
Q1 24
$10.0M
$-82.6M
Gross Margin
MFIN
MFIN
PRM
PRM
Q4 25
45.2%
Q3 25
63.1%
Q2 25
62.4%
Q1 25
39.1%
Q4 24
48.6%
Q3 24
62.8%
Q2 24
57.6%
Q1 24
35.1%
Operating Margin
MFIN
MFIN
PRM
PRM
Q4 25
29.3%
-160.7%
Q3 25
33.2%
-27.7%
Q2 25
31.1%
-16.1%
Q1 25
32.1%
Q4 24
32.8%
71.1%
Q3 24
26.6%
-12.2%
Q2 24
24.3%
35.4%
Q1 24
33.6%
-126.8%
Net Margin
MFIN
MFIN
PRM
PRM
Q4 25
17.3%
-136.5%
Q3 25
13.2%
-28.7%
Q2 25
17.7%
-19.8%
Q1 25
19.1%
78.7%
Q4 24
18.0%
167.2%
Q3 24
16.1%
-30.9%
Q2 24
13.9%
17.0%
Q1 24
18.8%
-139.8%
EPS (diluted)
MFIN
MFIN
PRM
PRM
Q4 25
$0.50
$-0.89
Q3 25
$0.32
$-0.62
Q2 25
$0.46
$-0.22
Q1 25
$0.50
$0.36
Q4 24
$0.43
$1.00
Q3 24
$0.37
$-0.61
Q2 24
$0.30
$0.14
Q1 24
$0.42
$-0.57

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
PRM
PRM
Cash + ST InvestmentsLiquidity on hand
$136.3M
$325.9M
Total DebtLower is stronger
$216.0M
$669.1M
Stockholders' EquityBook value
$408.6M
$1.1B
Total Assets
$3.0B
$2.7B
Debt / EquityLower = less leverage
0.53×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
PRM
PRM
Q4 25
$136.3M
$325.9M
Q3 25
$72.5M
$340.6M
Q2 25
$110.4M
$140.7M
Q1 25
$131.5M
$200.1M
Q4 24
$98.2M
$198.5M
Q3 24
$120.6M
$223.1M
Q2 24
$87.7M
$43.2M
Q1 24
$54.8M
$38.7M
Total Debt
MFIN
MFIN
PRM
PRM
Q4 25
$216.0M
$669.1M
Q3 25
$215.7M
$668.8M
Q2 25
$199.9M
$668.4M
Q1 25
$199.7M
$668.1M
Q4 24
$232.2M
$667.8M
Q3 24
$232.0M
$667.4M
Q2 24
$230.8M
$667.1M
Q1 24
$225.6M
$666.8M
Stockholders' Equity
MFIN
MFIN
PRM
PRM
Q4 25
$408.6M
$1.1B
Q3 25
$397.4M
$1.1B
Q2 25
$389.9M
$1.2B
Q1 25
$380.2M
$1.2B
Q4 24
$370.2M
$1.2B
Q3 24
$362.4M
$1.0B
Q2 24
$354.0M
$1.1B
Q1 24
$349.0M
$1.1B
Total Assets
MFIN
MFIN
PRM
PRM
Q4 25
$3.0B
$2.7B
Q3 25
$2.9B
$2.6B
Q2 25
$2.9B
$2.5B
Q1 25
$2.8B
$2.4B
Q4 24
$2.9B
$2.4B
Q3 24
$2.9B
$2.5B
Q2 24
$2.8B
$2.3B
Q1 24
$2.6B
$2.3B
Debt / Equity
MFIN
MFIN
PRM
PRM
Q4 25
0.53×
0.59×
Q3 25
0.54×
0.60×
Q2 25
0.51×
0.57×
Q1 25
0.53×
0.55×
Q4 24
0.63×
0.58×
Q3 24
0.64×
0.67×
Q2 24
0.65×
0.62×
Q1 24
0.65×
0.63×

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
PRM
PRM
Operating Cash FlowLast quarter
$126.3M
$18.6M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
11.3%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters
$208.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
PRM
PRM
Q4 25
$126.3M
$18.6M
Q3 25
$67.0M
$198.7M
Q2 25
$-10.7M
$-2.9M
Q1 25
$36.3M
$23.7M
Q4 24
$108.7M
$-6.0M
Q3 24
$24.6M
$183.0M
Q2 24
$27.6M
$8.6M
Q1 24
$32.3M
$2.8M
Free Cash Flow
MFIN
MFIN
PRM
PRM
Q4 25
$11.6M
Q3 25
$193.6M
Q2 25
$-15.6M
Q1 25
$18.9M
Q4 24
$-12.4M
Q3 24
$179.1M
Q2 24
$5.0M
Q1 24
$1.2M
FCF Margin
MFIN
MFIN
PRM
PRM
Q4 25
11.3%
Q3 25
61.4%
Q2 25
-9.6%
Q1 25
26.3%
Q4 24
-14.4%
Q3 24
62.1%
Q2 24
3.9%
Q1 24
2.1%
Capex Intensity
MFIN
MFIN
PRM
PRM
Q4 25
6.8%
Q3 25
1.6%
Q2 25
7.8%
Q1 25
6.7%
Q4 24
7.5%
Q3 24
1.3%
Q2 24
2.9%
Q1 24
2.6%
Cash Conversion
MFIN
MFIN
PRM
PRM
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
0.42×
Q4 24
10.72×
-0.04×
Q3 24
2.86×
Q2 24
3.89×
0.40×
Q1 24
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

PRM
PRM

Products$87.7M85%
Service And Other$14.8M14%

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