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Side-by-side financial comparison of M-tron Industries, Inc. (MPTI) and Tectonic Financial, Inc. (TECTP). Click either name above to swap in a different company.

Tectonic Financial, Inc. is the larger business by last-quarter revenue ($23.0M vs $14.2M, roughly 1.6× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs 23.8%, a 0.2% gap on every dollar of revenue. On growth, Tectonic Financial, Inc. posted the faster year-over-year revenue change (17.9% vs 11.2%). M-tron Industries, Inc. produced more free cash flow last quarter ($2.3M vs $-17.3M). Over the past eight quarters, Tectonic Financial, Inc.'s revenue compounded faster (270.5% 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.

Tectonic Financial, Inc. is a US-based diversified financial services provider. It offers core services including wealth management, investment banking, capital markets advisory, and tailored financial solutions. Its key client segments cover high-net-worth individuals, institutional investors, and small to mid-sized enterprises across North America.

MPTI vs TECTP — Head-to-Head

Bigger by revenue
TECTP
TECTP
1.6× larger
TECTP
$23.0M
$14.2M
MPTI
Growing faster (revenue YoY)
TECTP
TECTP
+6.7% gap
TECTP
17.9%
11.2%
MPTI
Higher net margin
MPTI
MPTI
0.2% more per $
MPTI
24.1%
23.8%
TECTP
More free cash flow
MPTI
MPTI
$19.6M more FCF
MPTI
$2.3M
$-17.3M
TECTP
Faster 2-yr revenue CAGR
TECTP
TECTP
Annualised
TECTP
270.5%
12.8%
MPTI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MPTI
MPTI
TECTP
TECTP
Revenue
$14.2M
$23.0M
Net Profit
$3.4M
$5.5M
Gross Margin
Operating Margin
27.3%
30.6%
Net Margin
24.1%
23.8%
Revenue YoY
11.2%
17.9%
Net Profit YoY
60.1%
15.9%
EPS (diluted)
$0.90
$0.73

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
TECTP
TECTP
Q4 25
$14.2M
Q3 25
$14.2M
$23.0M
Q2 25
$13.3M
$21.6M
Q1 25
$12.7M
$21.8M
Q4 24
$12.8M
$21.4M
Q3 24
$13.2M
$19.5M
Q2 24
$11.8M
$18.6M
Q1 24
$11.2M
$17.6M
Net Profit
MPTI
MPTI
TECTP
TECTP
Q4 25
$3.4M
Q3 25
$1.8M
$5.5M
Q2 25
$1.6M
$4.3M
Q1 25
$1.6M
$4.5M
Q4 24
$2.1M
$3.0M
Q3 24
$2.3M
$4.7M
Q2 24
$1.7M
$3.1M
Q1 24
$1.5M
$3.1M
Operating Margin
MPTI
MPTI
TECTP
TECTP
Q4 25
27.3%
Q3 25
18.0%
30.6%
Q2 25
13.9%
25.9%
Q1 25
15.8%
26.0%
Q4 24
20.1%
22.1%
Q3 24
22.1%
29.1%
Q2 24
17.8%
21.5%
Q1 24
16.0%
22.2%
Net Margin
MPTI
MPTI
TECTP
TECTP
Q4 25
24.1%
Q3 25
12.9%
23.8%
Q2 25
11.7%
19.8%
Q1 25
12.8%
20.4%
Q4 24
16.7%
14.0%
Q3 24
17.2%
24.2%
Q2 24
14.8%
16.9%
Q1 24
13.3%
17.4%
EPS (diluted)
MPTI
MPTI
TECTP
TECTP
Q4 25
$0.90
Q3 25
$0.63
$0.73
Q2 25
$0.53
$0.55
Q1 25
$0.56
$0.57
Q4 24
$0.68
$0.35
Q3 24
$0.81
$0.58
Q2 24
$0.63
$0.38
Q1 24
$0.53
$0.37

Balance Sheet & Financial Strength

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

Metric
MPTI
MPTI
TECTP
TECTP
Cash + ST InvestmentsLiquidity on hand
$20.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$63.2M
$119.2M
Total Assets
$68.4M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPTI
MPTI
TECTP
TECTP
Q4 25
$20.9M
Q3 25
$18.3M
Q2 25
$15.5M
Q1 25
$13.7M
Q4 24
$12.6M
Q3 24
$8.5M
Q2 24
$6.5M
Q1 24
$5.4M
Stockholders' Equity
MPTI
MPTI
TECTP
TECTP
Q4 25
$63.2M
Q3 25
$37.0M
$119.2M
Q2 25
$34.8M
$114.6M
Q1 25
$33.2M
$111.3M
Q4 24
$31.3M
$113.4M
Q3 24
$26.2M
$112.8M
Q2 24
$23.7M
$110.4M
Q1 24
$21.7M
$108.5M
Total Assets
MPTI
MPTI
TECTP
TECTP
Q4 25
$68.4M
Q3 25
$42.2M
$1.1B
Q2 25
$39.7M
$997.0M
Q1 25
$37.8M
$910.5M
Q4 24
$36.6M
$863.4M
Q3 24
$31.5M
$847.5M
Q2 24
$28.4M
$777.1M
Q1 24
$26.8M
$777.6M

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
TECTP
TECTP
Operating Cash FlowLast quarter
$2.7M
$-17.3M
Free Cash FlowOCF − Capex
$2.3M
$-17.3M
FCF MarginFCF / Revenue
16.4%
-74.9%
Capex IntensityCapex / Revenue
2.4%
0.0%
Cash ConversionOCF / Net Profit
0.78×
-3.14×
TTM Free Cash FlowTrailing 4 quarters
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPTI
MPTI
TECTP
TECTP
Q4 25
$2.7M
Q3 25
$3.5M
$-17.3M
Q2 25
$2.9M
$-32.5M
Q1 25
$1.6M
$-35.6M
Q4 24
$1.8M
$-86.6M
Q3 24
$2.3M
$-22.5M
Q2 24
$2.0M
$-30.7M
Q1 24
$1.5M
$-3.2M
Free Cash Flow
MPTI
MPTI
TECTP
TECTP
Q4 25
$2.3M
Q3 25
$2.7M
$-17.3M
Q2 25
$2.0M
Q1 25
$1.0M
$-35.6M
Q4 24
$1.4M
$-86.8M
Q3 24
$1.8M
$-22.5M
Q2 24
$1.1M
$-30.7M
Q1 24
$1.4M
$-3.3M
FCF Margin
MPTI
MPTI
TECTP
TECTP
Q4 25
16.4%
Q3 25
19.1%
-74.9%
Q2 25
15.4%
Q1 25
8.0%
-163.2%
Q4 24
10.8%
-406.5%
Q3 24
13.4%
-115.0%
Q2 24
9.2%
-165.5%
Q1 24
12.3%
-18.8%
Capex Intensity
MPTI
MPTI
TECTP
TECTP
Q4 25
2.4%
Q3 25
5.7%
0.0%
Q2 25
6.1%
0.0%
Q1 25
4.6%
0.0%
Q4 24
3.3%
1.0%
Q3 24
3.6%
0.1%
Q2 24
7.4%
0.3%
Q1 24
1.1%
0.9%
Cash Conversion
MPTI
MPTI
TECTP
TECTP
Q4 25
0.78×
Q3 25
1.92×
-3.14×
Q2 25
1.83×
-7.61×
Q1 25
0.99×
-8.00×
Q4 24
0.85×
-28.99×
Q3 24
0.99×
-4.74×
Q2 24
1.12×
-9.76×
Q1 24
1.01×
-1.03×

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%

TECTP
TECTP

Segment breakdown not available.

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