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Side-by-side financial comparison of M-tron Industries, Inc. (MPTI) and RAPID MICRO BIOSYSTEMS, INC. (RPID). Click either name above to swap in a different company.

M-tron Industries, Inc. is the larger business by last-quarter revenue ($14.2M vs $11.3M, roughly 1.3× RAPID MICRO BIOSYSTEMS, INC.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs -110.8%, a 134.8% gap on every dollar of revenue. On growth, RAPID MICRO BIOSYSTEMS, INC. posted the faster year-over-year revenue change (37.3% vs 11.2%). M-tron Industries, Inc. produced more free cash flow last quarter ($2.3M vs $-3.3M). Over the past eight quarters, RAPID MICRO BIOSYSTEMS, INC.'s revenue compounded faster (41.8% CAGR vs 12.8%).

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

Rapid Micro Biosystems, Inc. develops and manufactures automated microbial detection and quality control solutions for the life sciences industry. Its core products serve biopharmaceutical manufacturers, contract development and manufacturing organizations, operating across key global markets including North America, Europe and Asia-Pacific, helping clients cut testing timelines and improve operational efficiency.

MPTI vs RPID — Head-to-Head

Bigger by revenue
MPTI
MPTI
1.3× larger
MPTI
$14.2M
$11.3M
RPID
Growing faster (revenue YoY)
RPID
RPID
+26.1% gap
RPID
37.3%
11.2%
MPTI
Higher net margin
MPTI
MPTI
134.8% more per $
MPTI
24.1%
-110.8%
RPID
More free cash flow
MPTI
MPTI
$5.7M more FCF
MPTI
$2.3M
$-3.3M
RPID
Faster 2-yr revenue CAGR
RPID
RPID
Annualised
RPID
41.8%
12.8%
MPTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPTI
MPTI
RPID
RPID
Revenue
$14.2M
$11.3M
Net Profit
$3.4M
$-12.5M
Gross Margin
Operating Margin
27.3%
-108.2%
Net Margin
24.1%
-110.8%
Revenue YoY
11.2%
37.3%
Net Profit YoY
60.1%
-29.3%
EPS (diluted)
$0.90
$-0.26

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
MPTI
MPTI
RPID
RPID
Q4 25
$14.2M
$11.3M
Q3 25
$14.2M
$7.8M
Q2 25
$13.3M
$7.3M
Q1 25
$12.7M
$7.2M
Q4 24
$12.8M
$8.2M
Q3 24
$13.2M
$7.6M
Q2 24
$11.8M
$6.6M
Q1 24
$11.2M
$5.6M
Net Profit
MPTI
MPTI
RPID
RPID
Q4 25
$3.4M
$-12.5M
Q3 25
$1.8M
$-11.5M
Q2 25
$1.6M
$-11.9M
Q1 25
$1.6M
$-11.3M
Q4 24
$2.1M
$-9.7M
Q3 24
$2.3M
$-11.3M
Q2 24
$1.7M
$-12.6M
Q1 24
$1.5M
$-13.3M
Operating Margin
MPTI
MPTI
RPID
RPID
Q4 25
27.3%
-108.2%
Q3 25
18.0%
-145.1%
Q2 25
13.9%
-167.3%
Q1 25
15.8%
-161.8%
Q4 24
20.1%
-124.5%
Q3 24
22.1%
-158.3%
Q2 24
17.8%
-202.1%
Q1 24
16.0%
-254.4%
Net Margin
MPTI
MPTI
RPID
RPID
Q4 25
24.1%
-110.8%
Q3 25
12.9%
-146.8%
Q2 25
11.7%
-163.3%
Q1 25
12.8%
-156.3%
Q4 24
16.7%
-117.6%
Q3 24
17.2%
-148.9%
Q2 24
14.8%
-190.1%
Q1 24
13.3%
-237.4%
EPS (diluted)
MPTI
MPTI
RPID
RPID
Q4 25
$0.90
$-0.26
Q3 25
$0.63
$-0.26
Q2 25
$0.53
$-0.27
Q1 25
$0.56
$-0.26
Q4 24
$0.68
$-0.22
Q3 24
$0.81
$-0.26
Q2 24
$0.63
$-0.29
Q1 24
$0.53
$-0.31

Balance Sheet & Financial Strength

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

Metric
MPTI
MPTI
RPID
RPID
Cash + ST InvestmentsLiquidity on hand
$20.9M
$20.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$63.2M
$33.2M
Total Assets
$68.4M
$74.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPTI
MPTI
RPID
RPID
Q4 25
$20.9M
$20.0M
Q3 25
$18.3M
$18.9M
Q2 25
$15.5M
$18.3M
Q1 25
$13.7M
$18.9M
Q4 24
$12.6M
$16.9M
Q3 24
$8.5M
$22.0M
Q2 24
$6.5M
$37.1M
Q1 24
$5.4M
$22.4M
Stockholders' Equity
MPTI
MPTI
RPID
RPID
Q4 25
$63.2M
$33.2M
Q3 25
$37.0M
$44.3M
Q2 25
$34.8M
$54.5M
Q1 25
$33.2M
$65.5M
Q4 24
$31.3M
$75.4M
Q3 24
$26.2M
$84.4M
Q2 24
$23.7M
$94.6M
Q1 24
$21.7M
$105.9M
Total Assets
MPTI
MPTI
RPID
RPID
Q4 25
$68.4M
$74.9M
Q3 25
$42.2M
$84.4M
Q2 25
$39.7M
$75.6M
Q1 25
$37.8M
$85.4M
Q4 24
$36.6M
$98.2M
Q3 24
$31.5M
$105.8M
Q2 24
$28.4M
$117.1M
Q1 24
$26.8M
$127.7M

Cash Flow & Capital Efficiency

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

Metric
MPTI
MPTI
RPID
RPID
Operating Cash FlowLast quarter
$2.7M
$-3.2M
Free Cash FlowOCF − Capex
$2.3M
$-3.3M
FCF MarginFCF / Revenue
16.4%
-29.6%
Capex IntensityCapex / Revenue
2.4%
0.8%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$8.1M
$-31.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPTI
MPTI
RPID
RPID
Q4 25
$2.7M
$-3.2M
Q3 25
$3.5M
$-9.1M
Q2 25
$2.9M
$-9.7M
Q1 25
$1.6M
$-9.1M
Q4 24
$1.8M
$-9.9M
Q3 24
$2.3M
$-8.6M
Q2 24
$2.0M
$-10.1M
Q1 24
$1.5M
$-15.5M
Free Cash Flow
MPTI
MPTI
RPID
RPID
Q4 25
$2.3M
$-3.3M
Q3 25
$2.7M
$-9.1M
Q2 25
$2.0M
$-10.1M
Q1 25
$1.0M
$-9.4M
Q4 24
$1.4M
$-10.0M
Q3 24
$1.8M
$-8.8M
Q2 24
$1.1M
$-10.6M
Q1 24
$1.4M
$-16.1M
FCF Margin
MPTI
MPTI
RPID
RPID
Q4 25
16.4%
-29.6%
Q3 25
19.1%
-116.4%
Q2 25
15.4%
-138.6%
Q1 25
8.0%
-130.2%
Q4 24
10.8%
-121.8%
Q3 24
13.4%
-116.0%
Q2 24
9.2%
-159.8%
Q1 24
12.3%
-287.1%
Capex Intensity
MPTI
MPTI
RPID
RPID
Q4 25
2.4%
0.8%
Q3 25
5.7%
0.9%
Q2 25
6.1%
5.0%
Q1 25
4.6%
4.4%
Q4 24
3.3%
1.2%
Q3 24
3.6%
2.9%
Q2 24
7.4%
6.9%
Q1 24
1.1%
10.4%
Cash Conversion
MPTI
MPTI
RPID
RPID
Q4 25
0.78×
Q3 25
1.92×
Q2 25
1.83×
Q1 25
0.99×
Q4 24
0.85×
Q3 24
0.99×
Q2 24
1.12×
Q1 24
1.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

RPID
RPID

Products$9.3M83%
Services$2.0M17%

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