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Side-by-side financial comparison of M-tron Industries, Inc. (MPTI) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

Sol-Gel Technologies Ltd. is the larger business by last-quarter revenue ($17.3M vs $14.2M, roughly 1.2× M-tron Industries, Inc.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs 24.1%, a 43.2% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs 11.2%).

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.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

MPTI vs SLGL — Head-to-Head

Bigger by revenue
SLGL
SLGL
1.2× larger
SLGL
$17.3M
$14.2M
MPTI
Growing faster (revenue YoY)
SLGL
SLGL
+206.6% gap
SLGL
217.7%
11.2%
MPTI
Higher net margin
SLGL
SLGL
43.2% more per $
SLGL
67.3%
24.1%
MPTI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
MPTI
MPTI
SLGL
SLGL
Revenue
$14.2M
$17.3M
Net Profit
$3.4M
$11.6M
Gross Margin
Operating Margin
27.3%
65.1%
Net Margin
24.1%
67.3%
Revenue YoY
11.2%
217.7%
Net Profit YoY
60.1%
487.6%
EPS (diluted)
$0.90
$4.17

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
SLGL
SLGL
Q4 25
$14.2M
Q3 25
$14.2M
Q2 25
$13.3M
$17.3M
Q1 25
$12.7M
Q4 24
$12.8M
Q3 24
$13.2M
Q2 24
$11.8M
$5.4M
Q1 24
$11.2M
Net Profit
MPTI
MPTI
SLGL
SLGL
Q4 25
$3.4M
Q3 25
$1.8M
Q2 25
$1.6M
$11.6M
Q1 25
$1.6M
Q4 24
$2.1M
Q3 24
$2.3M
Q2 24
$1.7M
$2.0M
Q1 24
$1.5M
Operating Margin
MPTI
MPTI
SLGL
SLGL
Q4 25
27.3%
Q3 25
18.0%
Q2 25
13.9%
65.1%
Q1 25
15.8%
Q4 24
20.1%
Q3 24
22.1%
Q2 24
17.8%
29.9%
Q1 24
16.0%
Net Margin
MPTI
MPTI
SLGL
SLGL
Q4 25
24.1%
Q3 25
12.9%
Q2 25
11.7%
67.3%
Q1 25
12.8%
Q4 24
16.7%
Q3 24
17.2%
Q2 24
14.8%
36.4%
Q1 24
13.3%
EPS (diluted)
MPTI
MPTI
SLGL
SLGL
Q4 25
$0.90
Q3 25
$0.63
Q2 25
$0.53
$4.17
Q1 25
$0.56
Q4 24
$0.68
Q3 24
$0.81
Q2 24
$0.63
$0.71
Q1 24
$0.53

Balance Sheet & Financial Strength

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

Metric
MPTI
MPTI
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$20.9M
$24.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$63.2M
$31.9M
Total Assets
$68.4M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPTI
MPTI
SLGL
SLGL
Q4 25
$20.9M
Q3 25
$18.3M
Q2 25
$15.5M
$24.3M
Q1 25
$13.7M
Q4 24
$12.6M
Q3 24
$8.5M
Q2 24
$6.5M
$26.5M
Q1 24
$5.4M
Stockholders' Equity
MPTI
MPTI
SLGL
SLGL
Q4 25
$63.2M
Q3 25
$37.0M
Q2 25
$34.8M
$31.9M
Q1 25
$33.2M
Q4 24
$31.3M
Q3 24
$26.2M
Q2 24
$23.7M
$34.9M
Q1 24
$21.7M
Total Assets
MPTI
MPTI
SLGL
SLGL
Q4 25
$68.4M
Q3 25
$42.2M
Q2 25
$39.7M
$39.3M
Q1 25
$37.8M
Q4 24
$36.6M
Q3 24
$31.5M
Q2 24
$28.4M
$42.0M
Q1 24
$26.8M

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
SLGL
SLGL
Operating Cash FlowLast quarter
$2.7M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
16.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPTI
MPTI
SLGL
SLGL
Q4 25
$2.7M
Q3 25
$3.5M
Q2 25
$2.9M
Q1 25
$1.6M
Q4 24
$1.8M
Q3 24
$2.3M
Q2 24
$2.0M
Q1 24
$1.5M
Free Cash Flow
MPTI
MPTI
SLGL
SLGL
Q4 25
$2.3M
Q3 25
$2.7M
Q2 25
$2.0M
Q1 25
$1.0M
Q4 24
$1.4M
Q3 24
$1.8M
Q2 24
$1.1M
Q1 24
$1.4M
FCF Margin
MPTI
MPTI
SLGL
SLGL
Q4 25
16.4%
Q3 25
19.1%
Q2 25
15.4%
Q1 25
8.0%
Q4 24
10.8%
Q3 24
13.4%
Q2 24
9.2%
Q1 24
12.3%
Capex Intensity
MPTI
MPTI
SLGL
SLGL
Q4 25
2.4%
Q3 25
5.7%
Q2 25
6.1%
Q1 25
4.6%
Q4 24
3.3%
Q3 24
3.6%
Q2 24
7.4%
Q1 24
1.1%
Cash Conversion
MPTI
MPTI
SLGL
SLGL
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%

SLGL
SLGL

Segment breakdown not available.

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