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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) and Verisign (VRSN). Click either name above to swap in a different company.
MODINE MANUFACTURING CO is the larger business by last-quarter revenue ($805.0M vs $425.3M, roughly 1.9× Verisign). Verisign runs the higher net margin — 48.5% vs -5.9%, a 54.4% gap on every dollar of revenue. On growth, MODINE MANUFACTURING CO posted the faster year-over-year revenue change (30.5% vs 7.6%). Verisign produced more free cash flow last quarter ($285.1M vs $-17.1M). Over the past eight quarters, MODINE MANUFACTURING CO's revenue compounded faster (15.5% CAGR vs 5.2%).
Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars. The company built the world's first vehicular wind tunnel in Racine, Wisconsin in 1941. During WWII, Modine manufactured aftercoolers for the P-51 Mustang fighter plane. After WWII, Modine introduced the Ai...
Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.
MOD vs VRSN — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $425.3M |
| Net Profit | $-47.4M | $206.2M |
| Gross Margin | 23.1% | 88.5% |
| Operating Margin | 11.1% | 67.0% |
| Net Margin | -5.9% | 48.5% |
| Revenue YoY | 30.5% | 7.6% |
| Net Profit YoY | -215.6% | 7.7% |
| EPS (diluted) | $-0.90 | — |
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 | $805.0M | $425.3M | ||
| Q3 25 | $738.9M | $419.1M | ||
| Q2 25 | $682.8M | $409.9M | ||
| Q1 25 | $647.2M | $402.3M | ||
| Q4 24 | $616.8M | $395.4M | ||
| Q3 24 | $658.0M | $390.6M | ||
| Q2 24 | $661.5M | $387.1M | ||
| Q1 24 | $603.5M | $384.3M |
| Q4 25 | $-47.4M | $206.2M | ||
| Q3 25 | $44.4M | $212.8M | ||
| Q2 25 | $51.2M | $207.4M | ||
| Q1 25 | $49.6M | $199.3M | ||
| Q4 24 | $41.0M | $191.5M | ||
| Q3 24 | $46.1M | $201.3M | ||
| Q2 24 | $47.3M | $198.8M | ||
| Q1 24 | $25.8M | $194.1M |
| Q4 25 | 23.1% | 88.5% | ||
| Q3 25 | 22.3% | 88.4% | ||
| Q2 25 | 24.2% | 88.0% | ||
| Q1 25 | 25.6% | 87.7% | ||
| Q4 24 | 24.3% | 87.8% | ||
| Q3 24 | 25.2% | 88.0% | ||
| Q2 24 | 24.6% | 87.8% | ||
| Q1 24 | 22.4% | 87.2% |
| Q4 25 | 11.1% | 67.0% | ||
| Q3 25 | 9.9% | 67.8% | ||
| Q2 25 | 11.1% | 68.5% | ||
| Q1 25 | 11.5% | 67.4% | ||
| Q4 24 | 9.6% | 66.7% | ||
| Q3 24 | 11.4% | 68.9% | ||
| Q2 24 | 11.2% | 68.8% | ||
| Q1 24 | 7.8% | 67.4% |
| Q4 25 | -5.9% | 48.5% | ||
| Q3 25 | 6.0% | 50.8% | ||
| Q2 25 | 7.5% | 50.6% | ||
| Q1 25 | 7.7% | 49.5% | ||
| Q4 24 | 6.6% | 48.4% | ||
| Q3 24 | 7.0% | 51.5% | ||
| Q2 24 | 7.2% | 51.4% | ||
| Q1 24 | 4.3% | 50.5% |
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.92 | — | ||
| Q4 24 | $0.76 | — | ||
| Q3 24 | $0.86 | — | ||
| Q2 24 | $0.88 | — | ||
| Q1 24 | $0.48 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.7M | $580.5M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $-2.2B |
| Total Assets | $2.5B | $1.3B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.7M | $580.5M | ||
| Q3 25 | $83.8M | $617.7M | ||
| Q2 25 | $124.5M | $593.8M | ||
| Q1 25 | $71.6M | $648.5M | ||
| Q4 24 | $83.8M | $599.9M | ||
| Q3 24 | $78.6M | $644.9M | ||
| Q2 24 | $72.9M | $689.9M | ||
| Q1 24 | $60.1M | $924.7M |
| Q4 25 | $570.7M | — | ||
| Q3 25 | $525.8M | — | ||
| Q2 25 | $482.1M | — | ||
| Q1 25 | $296.7M | — | ||
| Q4 24 | $330.0M | — | ||
| Q3 24 | $359.1M | — | ||
| Q2 24 | $405.7M | — | ||
| Q1 24 | $399.9M | — |
| Q4 25 | $1.1B | $-2.2B | ||
| Q3 25 | $1.1B | $-2.1B | ||
| Q2 25 | $1.0B | $-2.0B | ||
| Q1 25 | $910.2M | $-2.0B | ||
| Q4 24 | $855.1M | $-2.0B | ||
| Q3 24 | $858.8M | $-1.9B | ||
| Q2 24 | $788.4M | $-1.8B | ||
| Q1 24 | $747.6M | $-1.6B |
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.9B | $1.5B | ||
| Q2 24 | $1.9B | $1.5B | ||
| Q1 24 | $1.9B | $1.7B |
| Q4 25 | 0.51× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.53× | — |
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 | $24.7M | $289.6M |
| Free Cash FlowOCF − Capex | $-17.1M | $285.1M |
| FCF MarginFCF / Revenue | -2.1% | 67.0% |
| Capex IntensityCapex / Revenue | 5.2% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.40× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.7M | $289.6M | ||
| Q3 25 | $1.4M | $307.7M | ||
| Q2 25 | $27.7M | $202.5M | ||
| Q1 25 | $54.8M | $291.3M | ||
| Q4 24 | $60.7M | $231.5M | ||
| Q3 24 | $57.3M | $253.4M | ||
| Q2 24 | $40.5M | $160.4M | ||
| Q1 24 | $39.6M | $257.3M |
| Q4 25 | $-17.1M | $285.1M | ||
| Q3 25 | $-30.5M | $303.0M | ||
| Q2 25 | $200.0K | $194.7M | ||
| Q1 25 | $27.1M | $285.5M | ||
| Q4 24 | $44.7M | $222.0M | ||
| Q3 24 | $43.8M | $247.8M | ||
| Q2 24 | $13.7M | $151.2M | ||
| Q1 24 | $-4.3M | $253.5M |
| Q4 25 | -2.1% | 67.0% | ||
| Q3 25 | -4.1% | 72.3% | ||
| Q2 25 | 0.0% | 47.5% | ||
| Q1 25 | 4.2% | 71.0% | ||
| Q4 24 | 7.2% | 56.1% | ||
| Q3 24 | 6.7% | 63.4% | ||
| Q2 24 | 2.1% | 39.1% | ||
| Q1 24 | -0.7% | 66.0% |
| Q4 25 | 5.2% | 1.1% | ||
| Q3 25 | 4.3% | 1.1% | ||
| Q2 25 | 4.0% | 1.9% | ||
| Q1 25 | 4.3% | 1.4% | ||
| Q4 24 | 2.6% | 2.4% | ||
| Q3 24 | 2.1% | 1.4% | ||
| Q2 24 | 4.1% | 2.4% | ||
| Q1 24 | 7.3% | 1.0% |
| Q4 25 | — | 1.40× | ||
| Q3 25 | 0.03× | 1.45× | ||
| Q2 25 | 0.54× | 0.98× | ||
| Q1 25 | 1.10× | 1.46× | ||
| Q4 24 | 1.48× | 1.21× | ||
| Q3 24 | 1.24× | 1.26× | ||
| Q2 24 | 0.86× | 0.81× | ||
| Q1 24 | 1.53× | 1.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
VRSN
Segment breakdown not available.
