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Side-by-side financial comparison of MANNATECH INC (MTEX) and PRO DEX INC (PDEX). Click either name above to swap in a different company.

MANNATECH INC is the larger business by last-quarter revenue ($29.2M vs $18.7M, roughly 1.6× PRO DEX INC). PRO DEX INC runs the higher net margin — 11.7% vs 6.6%, a 5.1% gap on every dollar of revenue. On growth, PRO DEX INC posted the faster year-over-year revenue change (11.1% vs -8.1%). PRO DEX INC produced more free cash flow last quarter ($3.5M vs $-2.0M). Over the past eight quarters, PRO DEX INC's revenue compounded faster (14.3% CAGR vs -5.4%).

Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.

Pro Dex Inc is a precision manufacturing enterprise that produces custom machined components, subassemblies and finished products primarily for medical device original equipment manufacturers, as well as clients in the aerospace and industrial sectors, with its core operating market covering North America.

MTEX vs PDEX — Head-to-Head

Bigger by revenue
MTEX
MTEX
1.6× larger
MTEX
$29.2M
$18.7M
PDEX
Growing faster (revenue YoY)
PDEX
PDEX
+19.2% gap
PDEX
11.1%
-8.1%
MTEX
Higher net margin
PDEX
PDEX
5.1% more per $
PDEX
11.7%
6.6%
MTEX
More free cash flow
PDEX
PDEX
$5.5M more FCF
PDEX
$3.5M
$-2.0M
MTEX
Faster 2-yr revenue CAGR
PDEX
PDEX
Annualised
PDEX
14.3%
-5.4%
MTEX

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
MTEX
MTEX
PDEX
PDEX
Revenue
$29.2M
$18.7M
Net Profit
$1.9M
$2.2M
Gross Margin
76.4%
30.8%
Operating Margin
6.9%
17.5%
Net Margin
6.6%
11.7%
Revenue YoY
-8.1%
11.1%
Net Profit YoY
686.6%
7.2%
EPS (diluted)
$1.01
$0.66

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
MTEX
MTEX
PDEX
PDEX
Q4 25
$18.7M
Q3 25
$29.2M
$18.5M
Q2 25
$17.5M
Q1 25
$26.6M
$17.4M
Q4 24
$29.0M
$16.8M
Q3 24
$31.7M
$14.9M
Q2 24
$27.7M
$15.0M
Q1 24
$29.4M
$14.3M
Net Profit
MTEX
MTEX
PDEX
PDEX
Q4 25
$2.2M
Q3 25
$1.9M
$4.7M
Q2 25
$1.2M
Q1 25
$-1.5M
$3.3M
Q4 24
$2.3M
$2.0M
Q3 24
$-328.0K
$2.5M
Q2 24
$-624.0K
$1.6M
Q1 24
$1.2M
$655.0K
Gross Margin
MTEX
MTEX
PDEX
PDEX
Q4 25
30.8%
Q3 25
76.4%
29.0%
Q2 25
19.9%
Q1 25
74.3%
33.3%
Q4 24
80.6%
30.2%
Q3 24
74.5%
34.6%
Q2 24
77.1%
27.2%
Q1 24
78.6%
28.0%
Operating Margin
MTEX
MTEX
PDEX
PDEX
Q4 25
17.5%
Q3 25
6.9%
16.8%
Q2 25
7.7%
Q1 25
-3.1%
20.9%
Q4 24
3.0%
16.0%
Q3 24
2.8%
20.2%
Q2 24
-4.1%
15.6%
Q1 24
2.8%
15.5%
Net Margin
MTEX
MTEX
PDEX
PDEX
Q4 25
11.7%
Q3 25
6.6%
25.3%
Q2 25
6.8%
Q1 25
-5.8%
18.8%
Q4 24
7.8%
12.1%
Q3 24
-1.0%
16.6%
Q2 24
-2.2%
10.6%
Q1 24
4.0%
4.6%
EPS (diluted)
MTEX
MTEX
PDEX
PDEX
Q4 25
$0.66
Q3 25
$1.01
$1.40
Q2 25
$0.33
Q1 25
$-0.80
$0.98
Q4 24
$1.19
$0.61
Q3 24
$-0.17
$0.75
Q2 24
$-0.33
$0.44
Q1 24
$0.63
$0.19

Balance Sheet & Financial Strength

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

Metric
MTEX
MTEX
PDEX
PDEX
Cash + ST InvestmentsLiquidity on hand
$7.1M
$6.1M
Total DebtLower is stronger
$2.9M
Stockholders' EquityBook value
$7.0M
$41.6M
Total Assets
$33.9M
$62.3M
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTEX
MTEX
PDEX
PDEX
Q4 25
$6.1M
Q3 25
$7.1M
$10.1M
Q2 25
$6.8M
Q1 25
$9.3M
$5.5M
Q4 24
$11.4M
$4.7M
Q3 24
$12.2M
$7.8M
Q2 24
$9.2M
$6.8M
Q1 24
$7.9M
$7.8M
Total Debt
MTEX
MTEX
PDEX
PDEX
Q4 25
Q3 25
$2.9M
Q2 25
$15.4M
Q1 25
Q4 24
Q3 24
Q2 24
$12.0M
Q1 24
Stockholders' Equity
MTEX
MTEX
PDEX
PDEX
Q4 25
$41.6M
Q3 25
$7.0M
$41.5M
Q2 25
$36.6M
Q1 25
$7.6M
$35.3M
Q4 24
$8.6M
$31.8M
Q3 24
$10.0M
$30.9M
Q2 24
$8.2M
$30.9M
Q1 24
$10.4M
$30.9M
Total Assets
MTEX
MTEX
PDEX
PDEX
Q4 25
$62.3M
Q3 25
$33.9M
$64.3M
Q2 25
$61.2M
Q1 25
$36.7M
$64.3M
Q4 24
$36.1M
$60.4M
Q3 24
$40.6M
$54.3M
Q2 24
$39.9M
$52.5M
Q1 24
$41.1M
$50.5M
Debt / Equity
MTEX
MTEX
PDEX
PDEX
Q4 25
Q3 25
0.42×
Q2 25
0.42×
Q1 25
Q4 24
Q3 24
Q2 24
0.39×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
MTEX
MTEX
PDEX
PDEX
Operating Cash FlowLast quarter
$-1.3M
$3.6M
Free Cash FlowOCF − Capex
$-2.0M
$3.5M
FCF MarginFCF / Revenue
-6.8%
18.8%
Capex IntensityCapex / Revenue
2.4%
0.4%
Cash ConversionOCF / Net Profit
-0.68×
1.63×
TTM Free Cash FlowTrailing 4 quarters
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTEX
MTEX
PDEX
PDEX
Q4 25
$3.6M
Q3 25
$-1.3M
$2.3M
Q2 25
$-173.0K
Q1 25
$-1.4M
$754.0K
Q4 24
$-219.0K
$-4.2M
Q3 24
$3.3M
$1.9M
Q2 24
$-2.7M
$1.0M
Q1 24
$1.9M
$4.1M
Free Cash Flow
MTEX
MTEX
PDEX
PDEX
Q4 25
$3.5M
Q3 25
$-2.0M
$2.2M
Q2 25
Q1 25
$-1.9M
$574.0K
Q4 24
$-325.0K
$-4.7M
Q3 24
$3.0M
$1.5M
Q2 24
$-2.7M
Q1 24
$1.8M
$4.0M
FCF Margin
MTEX
MTEX
PDEX
PDEX
Q4 25
18.8%
Q3 25
-6.8%
11.9%
Q2 25
Q1 25
-7.0%
3.3%
Q4 24
-1.1%
-27.9%
Q3 24
9.5%
9.8%
Q2 24
-9.9%
Q1 24
6.2%
27.7%
Capex Intensity
MTEX
MTEX
PDEX
PDEX
Q4 25
0.4%
Q3 25
2.4%
0.5%
Q2 25
Q1 25
1.8%
1.0%
Q4 24
0.4%
3.2%
Q3 24
0.8%
2.9%
Q2 24
0.3%
Q1 24
0.2%
0.8%
Cash Conversion
MTEX
MTEX
PDEX
PDEX
Q4 25
1.63×
Q3 25
-0.68×
0.49×
Q2 25
-0.14×
Q1 25
0.23×
Q4 24
-0.10×
-2.03×
Q3 24
0.77×
Q2 24
0.66×
Q1 24
1.59×
6.22×

Financial Flow Comparison

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

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