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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) and SolarMax Technology, Inc. (SMXT). Click either name above to swap in a different company.
MEDALLION FINANCIAL CORP is the larger business by last-quarter revenue ($70.6M vs $46.6M, roughly 1.5× SolarMax Technology, Inc.). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -1.9%, a 19.2% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 25.4%).
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.
SolarMax Technology, Inc. develops, manufactures and sells high-efficiency solar PV modules and clean energy systems. It serves residential, commercial and industrial clients in North America and key Asia-Pacific markets, offering installation and after-sales support to boost low-carbon energy use.
MFIN vs SMXT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $70.6M | $46.6M |
| Net Profit | $12.2M | $-872.2K |
| Gross Margin | — | 2.7% |
| Operating Margin | 29.3% | -2.7% |
| Net Margin | 17.3% | -1.9% |
| Revenue YoY | 25.4% | 623.5% |
| Net Profit YoY | 20.3% | 77.7% |
| EPS (diluted) | $0.50 | $-0.02 |
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.
| Q4 25 | $70.6M | $46.6M | ||
| Q3 25 | $58.7M | $30.6M | ||
| Q2 25 | $62.6M | $6.9M | ||
| Q1 25 | $63.0M | $6.9M | ||
| Q4 24 | $56.3M | $6.4M | ||
| Q3 24 | $53.3M | $6.3M | ||
| Q2 24 | $51.0M | — | ||
| Q1 24 | $53.3M | — |
| Q4 25 | $12.2M | $-872.2K | ||
| Q3 25 | $7.8M | $-2.3M | ||
| Q2 25 | $11.1M | $-1.9M | ||
| Q1 25 | $12.0M | $-1.3M | ||
| Q4 24 | $10.1M | $-3.9M | ||
| Q3 24 | $8.6M | $-9.6M | ||
| Q2 24 | $7.1M | — | ||
| Q1 24 | $10.0M | — |
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 20.5% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 29.3% | -2.7% | ||
| Q3 25 | 33.2% | -6.9% | ||
| Q2 25 | 31.1% | -25.7% | ||
| Q1 25 | 32.1% | -16.7% | ||
| Q4 24 | 32.8% | -27.9% | ||
| Q3 24 | 26.6% | -158.4% | ||
| Q2 24 | 24.3% | — | ||
| Q1 24 | 33.6% | — |
| Q4 25 | 17.3% | -1.9% | ||
| Q3 25 | 13.2% | -7.4% | ||
| Q2 25 | 17.7% | -27.6% | ||
| Q1 25 | 19.1% | -18.7% | ||
| Q4 24 | 18.0% | -60.6% | ||
| Q3 24 | 16.1% | -152.0% | ||
| Q2 24 | 13.9% | — | ||
| Q1 24 | 18.8% | — |
| Q4 25 | $0.50 | $-0.02 | ||
| Q3 25 | $0.32 | $-0.04 | ||
| Q2 25 | $0.46 | $-0.04 | ||
| Q1 25 | $0.50 | $-0.03 | ||
| Q4 24 | $0.43 | $-0.07 | ||
| Q3 24 | $0.37 | $-0.21 | ||
| Q2 24 | $0.30 | — | ||
| Q1 24 | $0.42 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $136.3M | $8.0M |
| Total DebtLower is stronger | $216.0M | — |
| Stockholders' EquityBook value | $408.6M | $-12.2M |
| Total Assets | $3.0B | $91.3M |
| Debt / EquityLower = less leverage | 0.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $136.3M | $8.0M | ||
| Q3 25 | $72.5M | $5.7M | ||
| Q2 25 | $110.4M | $1.9M | ||
| Q1 25 | $131.5M | $6.8M | ||
| Q4 24 | $98.2M | $7.1M | ||
| Q3 24 | $120.6M | $8.6M | ||
| Q2 24 | $87.7M | — | ||
| Q1 24 | $54.8M | — |
| Q4 25 | $216.0M | — | ||
| Q3 25 | $215.7M | — | ||
| Q2 25 | $199.9M | — | ||
| Q1 25 | $199.7M | — | ||
| Q4 24 | $232.2M | — | ||
| Q3 24 | $232.0M | — | ||
| Q2 24 | $230.8M | — | ||
| Q1 24 | $225.6M | — |
| Q4 25 | $408.6M | $-12.2M | ||
| Q3 25 | $397.4M | $-11.8M | ||
| Q2 25 | $389.9M | $-15.1M | ||
| Q1 25 | $380.2M | $-15.9M | ||
| Q4 24 | $370.2M | $-15.1M | ||
| Q3 24 | $362.4M | $-10.9M | ||
| Q2 24 | $354.0M | — | ||
| Q1 24 | $349.0M | — |
| Q4 25 | $3.0B | $91.3M | ||
| Q3 25 | $2.9B | $58.7M | ||
| Q2 25 | $2.9B | $38.2M | ||
| Q1 25 | $2.8B | $38.6M | ||
| Q4 24 | $2.9B | $38.6M | ||
| Q3 24 | $2.9B | $43.0M | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.6B | — |
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.65× | — | ||
| Q1 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $126.3M | $-2.5M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 10.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $126.3M | $-2.5M | ||
| Q3 25 | $67.0M | $3.4M | ||
| Q2 25 | $-10.7M | $220.7K | ||
| Q1 25 | $36.3M | $-601.1K | ||
| Q4 24 | $108.7M | $-1.3M | ||
| Q3 24 | $24.6M | $203.6K | ||
| Q2 24 | $27.6M | — | ||
| Q1 24 | $32.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 10.35× | — | ||
| Q3 25 | 8.63× | — | ||
| Q2 25 | -0.97× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 10.72× | — | ||
| Q3 24 | 2.86× | — | ||
| Q2 24 | 3.89× | — | ||
| Q1 24 | 3.22× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MFIN
Segment breakdown not available.
SMXT
| Yabucoa | $35.9M | 77% |
| Other | $10.7M | 23% |
