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Side-by-side financial comparison of Mistras Group, Inc. (MG) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.

Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $121.1M, roughly 1.5× Porch Group, Inc.). Mistras Group, Inc. runs the higher net margin — 2.1% vs -3.9%, a 6.0% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 5.1%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs -0.8%).

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.

MG vs PRCH — Head-to-Head

Bigger by revenue
MG
MG
1.5× larger
MG
$181.5M
$121.1M
PRCH
Growing faster (revenue YoY)
PRCH
PRCH
+94.9% gap
PRCH
100.0%
5.1%
MG
Higher net margin
MG
MG
6.0% more per $
MG
2.1%
-3.9%
PRCH
Faster 2-yr revenue CAGR
PRCH
PRCH
Annualised
PRCH
26.4%
-0.8%
MG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MG
MG
PRCH
PRCH
Revenue
$181.5M
$121.1M
Net Profit
$3.8M
$-4.7M
Gross Margin
28.4%
52.7%
Operating Margin
7.0%
34.7%
Net Margin
2.1%
-3.9%
Revenue YoY
5.1%
100.0%
Net Profit YoY
-27.4%
2.0%
EPS (diluted)
$0.12
$-0.04

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
MG
MG
PRCH
PRCH
Q1 26
$121.1M
Q4 25
$181.5M
$112.3M
Q3 25
$195.5M
$115.1M
Q2 25
$185.4M
$107.0M
Q1 25
$161.6M
$84.5M
Q4 24
$172.7M
$75.3M
Q3 24
$182.7M
$77.7M
Q2 24
$189.8M
$75.9M
Net Profit
MG
MG
PRCH
PRCH
Q1 26
$-4.7M
Q4 25
$3.8M
$-3.5M
Q3 25
$13.1M
$-10.9M
Q2 25
$3.0M
$2.6M
Q1 25
$-3.2M
$8.4M
Q4 24
$5.2M
$30.5M
Q3 24
$6.4M
$14.4M
Q2 24
$6.4M
$-64.3M
Gross Margin
MG
MG
PRCH
PRCH
Q1 26
52.7%
Q4 25
28.4%
99.5%
Q3 25
29.8%
75.6%
Q2 25
29.1%
70.9%
Q1 25
25.3%
77.4%
Q4 24
26.5%
Q3 24
26.8%
79.4%
Q2 24
27.1%
22.1%
Operating Margin
MG
MG
PRCH
PRCH
Q1 26
34.7%
Q4 25
7.0%
14.7%
Q3 25
10.4%
14.2%
Q2 25
4.5%
4.7%
Q1 25
-0.6%
-1.5%
Q4 24
6.1%
33.3%
Q3 24
6.5%
-3.2%
Q2 24
6.3%
-69.2%
Net Margin
MG
MG
PRCH
PRCH
Q1 26
-3.9%
Q4 25
2.1%
-3.1%
Q3 25
6.7%
-9.4%
Q2 25
1.6%
2.4%
Q1 25
-2.0%
9.9%
Q4 24
3.0%
40.5%
Q3 24
3.5%
18.5%
Q2 24
3.4%
-84.8%
EPS (diluted)
MG
MG
PRCH
PRCH
Q1 26
$-0.04
Q4 25
$0.12
$0.00
Q3 25
$0.41
$-0.10
Q2 25
$0.10
$0.00
Q1 25
$-0.10
$0.07
Q4 24
$0.17
$0.34
Q3 24
$0.20
$0.12
Q2 24
$0.20
$-0.65

Balance Sheet & Financial Strength

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

Metric
MG
MG
PRCH
PRCH
Cash + ST InvestmentsLiquidity on hand
$28.0M
$68.4M
Total DebtLower is stronger
$178.0M
$391.3M
Stockholders' EquityBook value
$235.1M
$26.3M
Total Assets
$578.8M
$806.6M
Debt / EquityLower = less leverage
0.76×
14.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MG
MG
PRCH
PRCH
Q1 26
$68.4M
Q4 25
$28.0M
$57.3M
Q3 25
$27.8M
$85.0M
Q2 25
$20.0M
$79.8M
Q1 25
$18.5M
$70.4M
Q4 24
$18.3M
$191.7M
Q3 24
$20.4M
$238.6M
Q2 24
$17.2M
$308.4M
Total Debt
MG
MG
PRCH
PRCH
Q1 26
$391.3M
Q4 25
$178.0M
$392.8M
Q3 25
$202.3M
$387.1M
Q2 25
$189.4M
$394.1M
Q1 25
$171.9M
$409.2M
Q4 24
$169.6M
$403.9M
Q3 24
$189.7M
$399.0M
Q2 24
$199.7M
$436.8M
Stockholders' Equity
MG
MG
PRCH
PRCH
Q1 26
$26.3M
Q4 25
$235.1M
$-24.6M
Q3 25
$227.4M
$-27.9M
Q2 25
$215.8M
$-29.3M
Q1 25
$198.7M
$-52.4M
Q4 24
$198.6M
$-43.2M
Q3 24
$205.2M
$-77.0M
Q2 24
$193.2M
$-101.9M
Total Assets
MG
MG
PRCH
PRCH
Q1 26
$806.6M
Q4 25
$578.8M
$797.4M
Q3 25
$596.3M
$787.7M
Q2 25
$571.0M
$770.7M
Q1 25
$526.8M
$802.3M
Q4 24
$523.0M
$814.0M
Q3 24
$551.7M
$867.3M
Q2 24
$548.1M
$876.1M
Debt / Equity
MG
MG
PRCH
PRCH
Q1 26
14.87×
Q4 25
0.76×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.85×
Q3 24
0.92×
Q2 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
MG
MG
PRCH
PRCH
Operating Cash FlowLast quarter
$32.1M
Free Cash FlowOCF − Capex
$26.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
8.55×
TTM Free Cash FlowTrailing 4 quarters
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MG
MG
PRCH
PRCH
Q1 26
Q4 25
$32.1M
$1.2M
Q3 25
$4.5M
$40.8M
Q2 25
$-9.3M
$35.6M
Q1 25
$5.6M
$-11.2M
Q4 24
$25.7M
$-26.6M
Q3 24
$19.4M
$12.4M
Q2 24
$4.5M
$-26.0M
Free Cash Flow
MG
MG
PRCH
PRCH
Q1 26
Q4 25
$26.0M
$1.1M
Q3 25
$-4.1M
$40.7M
Q2 25
$-14.7M
$35.4M
Q1 25
$1.1M
$-11.2M
Q4 24
$22.1M
$-26.8M
Q3 24
$14.6M
$12.2M
Q2 24
$-284.0K
$-26.0M
FCF Margin
MG
MG
PRCH
PRCH
Q1 26
Q4 25
14.3%
1.0%
Q3 25
-2.1%
35.4%
Q2 25
-7.9%
33.0%
Q1 25
0.7%
-13.3%
Q4 24
12.8%
-35.6%
Q3 24
8.0%
15.7%
Q2 24
-0.1%
-34.3%
Capex Intensity
MG
MG
PRCH
PRCH
Q1 26
Q4 25
3.4%
0.1%
Q3 25
4.4%
0.1%
Q2 25
2.9%
0.2%
Q1 25
2.8%
0.1%
Q4 24
2.1%
0.3%
Q3 24
2.6%
0.3%
Q2 24
2.5%
0.1%
Cash Conversion
MG
MG
PRCH
PRCH
Q1 26
Q4 25
8.55×
Q3 25
0.34×
Q2 25
-3.07×
13.79×
Q1 25
-1.33×
Q4 24
4.96×
-0.87×
Q3 24
3.02×
0.86×
Q2 24
0.71×

Financial Flow Comparison

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

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