vs

Side-by-side financial comparison of McEwen Inc. (MUX) and PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB). Click either name above to swap in a different company.

McEwen Inc. is the larger business by last-quarter revenue ($64.6M vs $44.6M, roughly 1.4× PACIFIC BIOSCIENCES OF CALIFORNIA, INC.). McEwen Inc. runs the higher net margin — 59.0% vs -90.4%, a 149.4% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 13.8%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% CAGR vs 7.3%).

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

MUX vs PACB — Head-to-Head

Bigger by revenue
MUX
MUX
1.4× larger
MUX
$64.6M
$44.6M
PACB
Growing faster (revenue YoY)
MUX
MUX
+79.0% gap
MUX
92.8%
13.8%
PACB
Higher net margin
MUX
MUX
149.4% more per $
MUX
59.0%
-90.4%
PACB
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
7.3%
PACB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MUX
MUX
PACB
PACB
Revenue
$64.6M
$44.6M
Net Profit
$38.1M
$-40.4M
Gross Margin
26.9%
37.1%
Operating Margin
34.2%
-92.3%
Net Margin
59.0%
-90.4%
Revenue YoY
92.8%
13.8%
Net Profit YoY
563.1%
-1802.7%
EPS (diluted)
$0.66
$-0.11

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
MUX
MUX
PACB
PACB
Q4 25
$64.6M
$44.6M
Q3 25
$50.5M
$38.4M
Q2 25
$46.7M
$39.8M
Q1 25
$35.7M
$37.2M
Q4 24
$33.5M
$39.2M
Q3 24
$52.3M
$40.0M
Q2 24
$47.5M
$36.0M
Q1 24
$41.2M
$38.8M
Net Profit
MUX
MUX
PACB
PACB
Q4 25
$38.1M
$-40.4M
Q3 25
$-462.0K
$-38.0M
Q2 25
$3.0M
$-41.9M
Q1 25
$-6.3M
$-426.1M
Q4 24
$-8.2M
$2.4M
Q3 24
$-2.1M
$-60.7M
Q2 24
$-13.0M
$-173.3M
Q1 24
$-20.4M
$-78.2M
Gross Margin
MUX
MUX
PACB
PACB
Q4 25
26.9%
37.1%
Q3 25
15.5%
41.4%
Q2 25
26.3%
36.9%
Q1 25
28.2%
-3.7%
Q4 24
1.1%
25.6%
Q3 24
26.4%
25.0%
Q2 24
22.7%
16.5%
Q1 24
14.6%
29.1%
Operating Margin
MUX
MUX
PACB
PACB
Q4 25
34.2%
-92.3%
Q3 25
-16.7%
-101.1%
Q2 25
-7.2%
-112.8%
Q1 25
-21.4%
-1154.5%
Q4 24
-43.4%
-390.1%
Q3 24
-0.2%
-160.3%
Q2 24
-29.4%
-488.3%
Q1 24
-53.3%
-209.6%
Net Margin
MUX
MUX
PACB
PACB
Q4 25
59.0%
-90.4%
Q3 25
-0.9%
-98.9%
Q2 25
6.5%
-105.4%
Q1 25
-17.6%
-1146.8%
Q4 24
-24.6%
6.0%
Q3 24
-4.0%
-151.9%
Q2 24
-27.4%
-481.3%
Q1 24
-49.4%
-201.4%
EPS (diluted)
MUX
MUX
PACB
PACB
Q4 25
$0.66
$-0.11
Q3 25
$-0.01
$-0.13
Q2 25
$0.06
$-0.14
Q1 25
$-0.12
$-1.44
Q4 24
$-0.15
$-0.44
Q3 24
$-0.04
$-0.22
Q2 24
$-0.26
$-0.64
Q1 24
$-0.41
$-0.29

Balance Sheet & Financial Strength

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

Metric
MUX
MUX
PACB
PACB
Cash + ST InvestmentsLiquidity on hand
$72.1M
$279.5M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$546.2M
$5.3M
Total Assets
$820.2M
$784.1M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MUX
MUX
PACB
PACB
Q4 25
$72.1M
$279.5M
Q3 25
$75.4M
$298.7M
Q2 25
$69.5M
$314.7M
Q1 25
$79.3M
$343.1M
Q4 24
$15.3M
$389.9M
Q3 24
$30.2M
$471.1M
Q2 24
$42.6M
$509.8M
Q1 24
$22.0M
$561.9M
Total Debt
MUX
MUX
PACB
PACB
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
MUX
MUX
PACB
PACB
Q4 25
$546.2M
$5.3M
Q3 25
$488.6M
$36.1M
Q2 25
$484.5M
$61.5M
Q1 25
$479.8M
$91.6M
Q4 24
$495.0M
$506.6M
Q3 24
$502.1M
$453.1M
Q2 24
$485.2M
$492.7M
Q1 24
$482.5M
$649.0M
Total Assets
MUX
MUX
PACB
PACB
Q4 25
$820.2M
$784.1M
Q3 25
$747.6M
$803.2M
Q2 25
$735.6M
$825.5M
Q1 25
$730.6M
$860.8M
Q4 24
$664.6M
$1.3B
Q3 24
$667.8M
$1.5B
Q2 24
$645.1M
$1.5B
Q1 24
$638.7M
$1.7B
Debt / Equity
MUX
MUX
PACB
PACB
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

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

Metric
MUX
MUX
PACB
PACB
Operating Cash FlowLast quarter
$3.1M
$-19.1M
Free Cash FlowOCF − Capex
$-19.9M
FCF MarginFCF / Revenue
-44.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$-114.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MUX
MUX
PACB
PACB
Q4 25
$3.1M
$-19.1M
Q3 25
$5.2M
$-18.7M
Q2 25
$478.0K
$-29.4M
Q1 25
$-1.9M
$-44.1M
Q4 24
$-1.2M
$-30.6M
Q3 24
$23.2M
$-45.5M
Q2 24
$3.6M
$-54.3M
Q1 24
$3.9M
$-75.7M
Free Cash Flow
MUX
MUX
PACB
PACB
Q4 25
$-19.9M
Q3 25
$-18.8M
Q2 25
$-29.9M
Q1 25
$-45.4M
Q4 24
$-32.3M
Q3 24
$-46.3M
Q2 24
$-55.7M
Q1 24
$-79.6M
FCF Margin
MUX
MUX
PACB
PACB
Q4 25
-44.6%
Q3 25
-48.9%
Q2 25
-75.3%
Q1 25
-122.3%
Q4 24
-82.3%
Q3 24
-115.7%
Q2 24
-154.8%
Q1 24
-205.0%
Capex Intensity
MUX
MUX
PACB
PACB
Q4 25
1.9%
Q3 25
0.2%
Q2 25
1.4%
Q1 25
3.7%
Q4 24
4.1%
Q3 24
2.0%
Q2 24
4.1%
Q1 24
10.0%
Cash Conversion
MUX
MUX
PACB
PACB
Q4 25
0.08×
Q3 25
Q2 25
0.16×
Q1 25
Q4 24
-12.93×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MUX
MUX

Segment breakdown not available.

PACB
PACB

Products$39.0M87%
Service And Other$5.7M13%

Related Comparisons