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Side-by-side financial comparison of MID PENN BANCORP INC (MPB) and Waldencast plc (WALD). Click either name above to swap in a different company.

Waldencast plc is the larger business by last-quarter revenue ($108.8M vs $62.0M, roughly 1.8× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs -55.7%, a 87.0% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 17.8%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $-13.9M).

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

Waldencast plc is a global multi-brand platform focused on acquiring, developing and scaling high-growth premium niche brands across the beauty, personal care and wellness sectors. It operates primarily across North America and European markets, with core offerings including clean skincare, haircare, color cosmetics and wellness products targeted at quality-focused consumers.

MPB vs WALD — Head-to-Head

Bigger by revenue
WALD
WALD
1.8× larger
WALD
$108.8M
$62.0M
MPB
Growing faster (revenue YoY)
MPB
MPB
+13.0% gap
MPB
30.8%
17.8%
WALD
Higher net margin
MPB
MPB
87.0% more per $
MPB
31.4%
-55.7%
WALD
More free cash flow
MPB
MPB
$85.7M more FCF
MPB
$71.8M
$-13.9M
WALD

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
MPB
MPB
WALD
WALD
Revenue
$62.0M
$108.8M
Net Profit
$19.4M
$-60.6M
Gross Margin
67.5%
Operating Margin
43.6%
-42.9%
Net Margin
31.4%
-55.7%
Revenue YoY
30.8%
17.8%
Net Profit YoY
47.0%
EPS (diluted)
$0.83
$-0.65

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
MPB
MPB
WALD
WALD
Q4 25
$62.0M
Q3 25
$61.8M
Q2 25
$54.3M
Q1 25
$47.7M
Q4 24
$47.4M
Q3 24
$45.3M
Q2 24
$44.1M
Q1 24
$42.3M
Net Profit
MPB
MPB
WALD
WALD
Q4 25
$19.4M
Q3 25
$18.3M
Q2 25
$4.8M
Q1 25
$13.7M
Q4 24
$13.2M
Q3 24
$12.3M
Q2 24
$11.8M
Q1 24
$12.1M
Operating Margin
MPB
MPB
WALD
WALD
Q4 25
43.6%
Q3 25
39.3%
Q2 25
7.9%
Q1 25
35.2%
Q4 24
34.1%
Q3 24
32.8%
Q2 24
32.4%
Q1 24
34.8%
Net Margin
MPB
MPB
WALD
WALD
Q4 25
31.4%
Q3 25
29.6%
Q2 25
8.8%
Q1 25
28.8%
Q4 24
27.9%
Q3 24
27.1%
Q2 24
26.7%
Q1 24
28.7%
EPS (diluted)
MPB
MPB
WALD
WALD
Q4 25
$0.83
Q3 25
$0.79
Q2 25
$0.22
Q1 25
$0.71
Q4 24
$0.72
Q3 24
$0.74
Q2 24
$0.71
Q1 24
$0.73

Balance Sheet & Financial Strength

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

Metric
MPB
MPB
WALD
WALD
Cash + ST InvestmentsLiquidity on hand
$21.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$814.1M
$624.6M
Total Assets
$6.1B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
MPB
MPB
WALD
WALD
Q4 25
$814.1M
Q3 25
$796.3M
Q2 25
$775.7M
Q1 25
$667.9M
Q4 24
$655.0M
Q3 24
$573.1M
Q2 24
$559.7M
Q1 24
$551.0M
Total Assets
MPB
MPB
WALD
WALD
Q4 25
$6.1B
Q3 25
$6.3B
Q2 25
$6.4B
Q1 25
$5.5B
Q4 24
$5.5B
Q3 24
$5.5B
Q2 24
$5.4B
Q1 24
$5.3B

Cash Flow & Capital Efficiency

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

Metric
MPB
MPB
WALD
WALD
Operating Cash FlowLast quarter
$80.0M
$-13.4M
Free Cash FlowOCF − Capex
$71.8M
$-13.9M
FCF MarginFCF / Revenue
115.8%
-12.7%
Capex IntensityCapex / Revenue
13.3%
0.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPB
MPB
WALD
WALD
Q4 25
$80.0M
Q3 25
$26.3M
Q2 25
$29.0M
Q1 25
$11.5M
Q4 24
$51.4M
Q3 24
$16.9M
Q2 24
$18.0M
Q1 24
$12.4M
Free Cash Flow
MPB
MPB
WALD
WALD
Q4 25
$71.8M
Q3 25
$24.3M
Q2 25
$27.2M
Q1 25
$8.8M
Q4 24
$44.5M
Q3 24
$16.8M
Q2 24
$17.7M
Q1 24
$12.1M
FCF Margin
MPB
MPB
WALD
WALD
Q4 25
115.8%
Q3 25
39.4%
Q2 25
50.1%
Q1 25
18.4%
Q4 24
93.8%
Q3 24
37.1%
Q2 24
40.2%
Q1 24
28.5%
Capex Intensity
MPB
MPB
WALD
WALD
Q4 25
13.3%
Q3 25
3.1%
Q2 25
3.2%
Q1 25
5.7%
Q4 24
14.6%
Q3 24
0.0%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
MPB
MPB
WALD
WALD
Q4 25
4.12×
Q3 25
1.44×
Q2 25
6.08×
Q1 25
0.84×
Q4 24
3.88×
Q3 24
1.37×
Q2 24
1.53×
Q1 24
1.02×

Financial Flow Comparison

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

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