vs

Side-by-side financial comparison of Mega Matrix Inc (MPU) and Zepp Health Corp (ZEPP). Click either name above to swap in a different company.

Zepp Health Corp is the larger business by last-quarter revenue ($10.5M vs $6.1M, roughly 1.7× Mega Matrix Inc). Zepp Health Corp runs the higher net margin — -2.1% vs -177.4%, a 175.3% gap on every dollar of revenue.

Zepp Health Corp is a global digital health and smart wearable technology company. It develops and sells fitness trackers, smartwatches, and AI-powered health monitoring tools, serving individual consumers, sports teams, and healthcare providers across Asia, North America, and Europe, with core focus on wellness tracking and remote health management solutions.

MPU vs ZEPP — Head-to-Head

Bigger by revenue
ZEPP
ZEPP
1.7× larger
ZEPP
$10.5M
$6.1M
MPU
Higher net margin
ZEPP
ZEPP
175.3% more per $
ZEPP
-2.1%
-177.4%
MPU

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
MPU
MPU
ZEPP
ZEPP
Revenue
$6.1M
$10.5M
Net Profit
$-10.8M
$-223.0K
Gross Margin
47.7%
38.2%
Operating Margin
-156.3%
-1.2%
Net Margin
-177.4%
-2.1%
Revenue YoY
-40.9%
Net Profit YoY
-291.1%
EPS (diluted)
$-0.21
$-0.01

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
MPU
MPU
ZEPP
ZEPP
Q3 25
$6.1M
$10.5M
Q2 25
$7.1M
$8.2M
Q1 25
$7.7M
$5.3M
Q3 24
$10.3M
$5.9M
Q2 24
$5.6M
Q1 24
$5.5M
Q3 23
$11.4M
Q2 23
$12.3M
Net Profit
MPU
MPU
ZEPP
ZEPP
Q3 25
$-10.8M
$-223.0K
Q2 25
$-1.5M
$-1.1M
Q1 25
$-2.5M
$-2.7M
Q3 24
$-2.8M
$-1.8M
Q2 24
$-1.5M
Q1 24
$-2.0M
Q3 23
$52.6K
Q2 23
$-1.3M
Gross Margin
MPU
MPU
ZEPP
ZEPP
Q3 25
47.7%
38.2%
Q2 25
58.5%
36.2%
Q1 25
55.8%
37.3%
Q3 24
58.5%
40.6%
Q2 24
40.3%
Q1 24
36.8%
Q3 23
33.9%
Q2 23
22.0%
Operating Margin
MPU
MPU
ZEPP
ZEPP
Q3 25
-156.3%
-1.2%
Q2 25
-21.6%
-10.3%
Q1 25
-32.8%
-47.7%
Q3 24
-26.0%
-29.5%
Q2 24
-24.3%
Q1 24
-39.6%
Q3 23
Q2 23
-11.2%
Net Margin
MPU
MPU
ZEPP
ZEPP
Q3 25
-177.4%
-2.1%
Q2 25
-20.7%
-13.0%
Q1 25
-32.0%
-51.2%
Q3 24
-26.8%
-31.2%
Q2 24
-26.7%
Q1 24
-36.8%
Q3 23
0.5%
Q2 23
-10.8%
EPS (diluted)
MPU
MPU
ZEPP
ZEPP
Q3 25
$-0.21
$-0.01
Q2 25
$-0.04
$-0.07
Q1 25
$-0.07
$-0.17
Q3 24
$-0.08
$-0.01
Q2 24
$-0.01
Q1 24
$-0.01
Q3 23
Q2 23
$-0.01

Balance Sheet & Financial Strength

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

Metric
MPU
MPU
ZEPP
ZEPP
Cash + ST InvestmentsLiquidity on hand
$9.8M
$8.7M
Total DebtLower is stronger
$9.6M
Stockholders' EquityBook value
$37.4M
$31.2M
Total Assets
$42.7M
$80.9M
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPU
MPU
ZEPP
ZEPP
Q3 25
$9.8M
$8.7M
Q2 25
$4.0M
$7.8M
Q1 25
$6.8M
$10.7M
Q3 24
$9.9M
$16.4M
Q2 24
$17.0M
Q1 24
$17.9M
Q3 23
$17.9M
Q2 23
$19.8M
Total Debt
MPU
MPU
ZEPP
ZEPP
Q3 25
$9.6M
Q2 25
$9.7M
Q1 25
$9.6M
Q3 24
$5.7M
Q2 24
$7.3M
Q1 24
$11.2M
Q3 23
$16.3M
Q2 23
$16.1M
Stockholders' Equity
MPU
MPU
ZEPP
ZEPP
Q3 25
$37.4M
$31.2M
Q2 25
$10.9M
$31.1M
Q1 25
$11.9M
Q3 24
$15.8M
Q2 24
$44.6M
Q1 24
Q3 23
$48.0M
Q2 23
$47.9M
Total Assets
MPU
MPU
ZEPP
ZEPP
Q3 25
$42.7M
$80.9M
Q2 25
$16.6M
$75.8M
Q1 25
$17.3M
$71.6M
Q3 24
$22.4M
$81.3M
Q2 24
$79.7M
Q1 24
$80.5M
Q3 23
$91.4M
Q2 23
$93.8M
Debt / Equity
MPU
MPU
ZEPP
ZEPP
Q3 25
0.31×
Q2 25
0.31×
Q1 25
Q3 24
Q2 24
0.16×
Q1 24
Q3 23
0.34×
Q2 23
0.34×

Cash Flow & Capital Efficiency

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

Metric
MPU
MPU
ZEPP
ZEPP
Operating Cash FlowLast quarter
$-3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPU
MPU
ZEPP
ZEPP
Q3 25
$-3.5M
Q2 25
$-1.8M
Q1 25
$-2.2M
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

Related Comparisons