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Side-by-side financial comparison of M-tron Industries, Inc. (MPTI) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $14.2M, roughly 186.2× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs 14.7%, a 9.3% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs 11.2%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $2.3M). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% 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.

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

MPTI vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
186.2× larger
VRT
$2.6B
$14.2M
MPTI
Growing faster (revenue YoY)
VRT
VRT
+19.0% gap
VRT
30.1%
11.2%
MPTI
Higher net margin
MPTI
MPTI
9.3% more per $
MPTI
24.1%
14.7%
VRT
More free cash flow
VRT
VRT
$650.5M more FCF
VRT
$652.8M
$2.3M
MPTI
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
12.8%
MPTI

Income Statement — Q4 2025 vs Q1 2026

Metric
MPTI
MPTI
VRT
VRT
Revenue
$14.2M
$2.6B
Net Profit
$3.4M
$390.1M
Gross Margin
37.7%
Operating Margin
27.3%
Net Margin
24.1%
14.7%
Revenue YoY
11.2%
30.1%
Net Profit YoY
60.1%
137.1%
EPS (diluted)
$0.90
$0.99

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
VRT
VRT
Q1 26
$2.6B
Q4 25
$14.2M
$2.9B
Q3 25
$14.2M
$2.7B
Q2 25
$13.3M
$2.6B
Q1 25
$12.7M
$2.0B
Q4 24
$12.8M
$2.3B
Q3 24
$13.2M
$2.1B
Q2 24
$11.8M
$2.0B
Net Profit
MPTI
MPTI
VRT
VRT
Q1 26
$390.1M
Q4 25
$3.4M
$445.6M
Q3 25
$1.8M
$398.5M
Q2 25
$1.6M
$324.2M
Q1 25
$1.6M
$164.5M
Q4 24
$2.1M
$147.0M
Q3 24
$2.3M
$176.6M
Q2 24
$1.7M
$178.1M
Gross Margin
MPTI
MPTI
VRT
VRT
Q1 26
37.7%
Q4 25
38.9%
Q3 25
37.8%
Q2 25
34.0%
Q1 25
33.7%
Q4 24
37.1%
Q3 24
36.5%
Q2 24
38.0%
Operating Margin
MPTI
MPTI
VRT
VRT
Q1 26
Q4 25
27.3%
20.1%
Q3 25
18.0%
19.3%
Q2 25
13.9%
16.8%
Q1 25
15.8%
14.3%
Q4 24
20.1%
19.5%
Q3 24
22.1%
17.9%
Q2 24
17.8%
17.2%
Net Margin
MPTI
MPTI
VRT
VRT
Q1 26
14.7%
Q4 25
24.1%
15.5%
Q3 25
12.9%
14.9%
Q2 25
11.7%
12.3%
Q1 25
12.8%
8.1%
Q4 24
16.7%
6.3%
Q3 24
17.2%
8.5%
Q2 24
14.8%
9.1%
EPS (diluted)
MPTI
MPTI
VRT
VRT
Q1 26
$0.99
Q4 25
$0.90
$1.14
Q3 25
$0.63
$1.02
Q2 25
$0.53
$0.83
Q1 25
$0.56
$0.42
Q4 24
$0.68
$0.38
Q3 24
$0.81
$0.46
Q2 24
$0.63
$0.46

Balance Sheet & Financial Strength

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

Metric
MPTI
MPTI
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$20.9M
$2.5B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$63.2M
$4.2B
Total Assets
$68.4M
$13.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPTI
MPTI
VRT
VRT
Q1 26
$2.5B
Q4 25
$20.9M
$1.7B
Q3 25
$18.3M
$1.4B
Q2 25
$15.5M
$1.6B
Q1 25
$13.7M
$1.5B
Q4 24
$12.6M
$1.2B
Q3 24
$8.5M
$908.7M
Q2 24
$6.5M
$579.7M
Total Debt
MPTI
MPTI
VRT
VRT
Q1 26
$0
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
MPTI
MPTI
VRT
VRT
Q1 26
$4.2B
Q4 25
$63.2M
$3.9B
Q3 25
$37.0M
$3.5B
Q2 25
$34.8M
$3.1B
Q1 25
$33.2M
$2.7B
Q4 24
$31.3M
$2.4B
Q3 24
$26.2M
$1.8B
Q2 24
$23.7M
$1.5B
Total Assets
MPTI
MPTI
VRT
VRT
Q1 26
$13.4B
Q4 25
$68.4M
$12.2B
Q3 25
$42.2M
$10.8B
Q2 25
$39.7M
$10.4B
Q1 25
$37.8M
$9.5B
Q4 24
$36.6M
$9.1B
Q3 24
$31.5M
$8.9B
Q2 24
$28.4M
$8.1B
Debt / Equity
MPTI
MPTI
VRT
VRT
Q1 26
0.00×
Q4 25
0.74×
Q3 25
0.83×
Q2 25
0.93×
Q1 25
1.10×
Q4 24
1.20×
Q3 24
1.62×
Q2 24
1.91×

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
VRT
VRT
Operating Cash FlowLast quarter
$2.7M
Free Cash FlowOCF − Capex
$2.3M
$652.8M
FCF MarginFCF / Revenue
16.4%
24.6%
Capex IntensityCapex / Revenue
2.4%
4.2%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$8.1M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPTI
MPTI
VRT
VRT
Q1 26
Q4 25
$2.7M
$978.9M
Q3 25
$3.5M
$508.7M
Q2 25
$2.9M
$322.9M
Q1 25
$1.6M
$303.3M
Q4 24
$1.8M
$425.2M
Q3 24
$2.3M
$378.2M
Q2 24
$2.0M
$378.4M
Free Cash Flow
MPTI
MPTI
VRT
VRT
Q1 26
$652.8M
Q4 25
$2.3M
$885.6M
Q3 25
$2.7M
$463.5M
Q2 25
$2.0M
$277.9M
Q1 25
$1.0M
$266.8M
Q4 24
$1.4M
$364.5M
Q3 24
$1.8M
$341.8M
Q2 24
$1.1M
$344.3M
FCF Margin
MPTI
MPTI
VRT
VRT
Q1 26
24.6%
Q4 25
16.4%
30.8%
Q3 25
19.1%
17.3%
Q2 25
15.4%
10.5%
Q1 25
8.0%
13.1%
Q4 24
10.8%
15.5%
Q3 24
13.4%
16.5%
Q2 24
9.2%
17.6%
Capex Intensity
MPTI
MPTI
VRT
VRT
Q1 26
4.2%
Q4 25
2.4%
3.2%
Q3 25
5.7%
1.7%
Q2 25
6.1%
1.7%
Q1 25
4.6%
1.8%
Q4 24
3.3%
2.6%
Q3 24
3.6%
1.8%
Q2 24
7.4%
1.7%
Cash Conversion
MPTI
MPTI
VRT
VRT
Q1 26
Q4 25
0.78×
2.20×
Q3 25
1.92×
1.28×
Q2 25
1.83×
1.00×
Q1 25
0.99×
1.84×
Q4 24
0.85×
2.89×
Q3 24
0.99×
2.14×
Q2 24
1.12×
2.12×

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%

VRT
VRT

Segment breakdown not available.

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