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Side-by-side financial comparison of PROCEPT BioRobotics Corp (PRCT) and P10, Inc. (PX). Click either name above to swap in a different company.

P10, Inc. is the larger business by last-quarter revenue ($81.0M vs $76.4M, roughly 1.1× PROCEPT BioRobotics Corp). P10, Inc. runs the higher net margin — 11.7% vs -39.1%, a 50.7% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (11.9% vs -4.7%). P10, Inc. produced more free cash flow last quarter ($18.1M vs $-12.2M). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (31.0% CAGR vs 10.7%).

PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.

P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.

PRCT vs PX — Head-to-Head

Bigger by revenue
PX
PX
1.1× larger
PX
$81.0M
$76.4M
PRCT
Growing faster (revenue YoY)
PRCT
PRCT
+16.6% gap
PRCT
11.9%
-4.7%
PX
Higher net margin
PX
PX
50.7% more per $
PX
11.7%
-39.1%
PRCT
More free cash flow
PX
PX
$30.3M more FCF
PX
$18.1M
$-12.2M
PRCT
Faster 2-yr revenue CAGR
PRCT
PRCT
Annualised
PRCT
31.0%
10.7%
PX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRCT
PRCT
PX
PX
Revenue
$76.4M
$81.0M
Net Profit
$-29.8M
$9.5M
Gross Margin
60.6%
Operating Margin
-40.6%
31.9%
Net Margin
-39.1%
11.7%
Revenue YoY
11.9%
-4.7%
Net Profit YoY
-58.3%
79.0%
EPS (diluted)
$-0.54
$0.08

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
PRCT
PRCT
PX
PX
Q4 25
$76.4M
$81.0M
Q3 25
$83.3M
$75.9M
Q2 25
$79.2M
$72.7M
Q1 25
$69.2M
$67.7M
Q4 24
$68.2M
$85.0M
Q3 24
$58.4M
$74.2M
Q2 24
$53.4M
$71.1M
Q1 24
$44.5M
$66.1M
Net Profit
PRCT
PRCT
PX
PX
Q4 25
$-29.8M
$9.5M
Q3 25
$-21.4M
$2.1M
Q2 25
$-19.6M
$3.4M
Q1 25
$-24.7M
$4.5M
Q4 24
$-18.9M
$5.3M
Q3 24
$-21.0M
$1.4M
Q2 24
$-25.6M
$7.0M
Q1 24
$-26.0M
$5.0M
Gross Margin
PRCT
PRCT
PX
PX
Q4 25
60.6%
Q3 25
64.8%
Q2 25
65.4%
Q1 25
63.9%
Q4 24
64.0%
Q3 24
63.2%
Q2 24
59.0%
Q1 24
56.2%
Operating Margin
PRCT
PRCT
PX
PX
Q4 25
-40.6%
31.9%
Q3 25
-27.8%
14.1%
Q2 25
-28.0%
24.4%
Q1 25
-39.7%
16.6%
Q4 24
-28.9%
26.9%
Q3 24
-38.4%
11.9%
Q2 24
-50.3%
23.7%
Q1 24
-62.1%
18.3%
Net Margin
PRCT
PRCT
PX
PX
Q4 25
-39.1%
11.7%
Q3 25
-25.7%
2.8%
Q2 25
-24.7%
4.7%
Q1 25
-35.8%
6.7%
Q4 24
-27.6%
6.2%
Q3 24
-35.9%
1.9%
Q2 24
-48.0%
9.8%
Q1 24
-58.3%
7.6%
EPS (diluted)
PRCT
PRCT
PX
PX
Q4 25
$-0.54
$0.08
Q3 25
$-0.38
$0.02
Q2 25
$-0.35
$0.03
Q1 25
$-0.45
$0.04
Q4 24
$-0.34
$0.05
Q3 24
$-0.40
$0.01
Q2 24
$-0.50
$0.06
Q1 24
$-0.51
$0.04

Balance Sheet & Financial Strength

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

Metric
PRCT
PRCT
PX
PX
Cash + ST InvestmentsLiquidity on hand
$286.5M
$28.2M
Total DebtLower is stronger
$51.6M
$373.2M
Stockholders' EquityBook value
$365.9M
$403.5M
Total Assets
$508.1M
$928.3M
Debt / EquityLower = less leverage
0.14×
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRCT
PRCT
PX
PX
Q4 25
$286.5M
$28.2M
Q3 25
$294.3M
$40.0M
Q2 25
$302.7M
$33.4M
Q1 25
$316.2M
$74.4M
Q4 24
$333.7M
$67.5M
Q3 24
$196.8M
$61.5M
Q2 24
$214.1M
$31.2M
Q1 24
$225.6M
$29.0M
Total Debt
PRCT
PRCT
PX
PX
Q4 25
$51.6M
$373.2M
Q3 25
$51.6M
$393.4M
Q2 25
$51.5M
$373.0M
Q1 25
$51.5M
$357.2M
Q4 24
$51.5M
$319.8M
Q3 24
$51.4M
$319.4M
Q2 24
$51.4M
$300.6M
Q1 24
$51.4M
$314.0M
Stockholders' Equity
PRCT
PRCT
PX
PX
Q4 25
$365.9M
$403.5M
Q3 25
$380.3M
$396.8M
Q2 25
$385.8M
$388.9M
Q1 25
$389.2M
$374.3M
Q4 24
$402.2M
$386.9M
Q3 24
$241.2M
$394.1M
Q2 24
$251.8M
$396.9M
Q1 24
$264.0M
$400.1M
Total Assets
PRCT
PRCT
PX
PX
Q4 25
$508.1M
$928.3M
Q3 25
$511.5M
$936.0M
Q2 25
$513.1M
$932.2M
Q1 25
$519.4M
$877.4M
Q4 24
$534.0M
$869.3M
Q3 24
$374.1M
$857.0M
Q2 24
$374.4M
$823.2M
Q1 24
$382.9M
$832.8M
Debt / Equity
PRCT
PRCT
PX
PX
Q4 25
0.14×
0.93×
Q3 25
0.14×
0.99×
Q2 25
0.13×
0.96×
Q1 25
0.13×
0.95×
Q4 24
0.13×
0.83×
Q3 24
0.21×
0.81×
Q2 24
0.20×
0.76×
Q1 24
0.19×
0.78×

Cash Flow & Capital Efficiency

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

Metric
PRCT
PRCT
PX
PX
Operating Cash FlowLast quarter
$-10.3M
$23.0M
Free Cash FlowOCF − Capex
$-12.2M
$18.1M
FCF MarginFCF / Revenue
-15.9%
22.3%
Capex IntensityCapex / Revenue
2.4%
6.0%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$-58.3M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRCT
PRCT
PX
PX
Q4 25
$-10.3M
$23.0M
Q3 25
$-6.6M
$-8.6M
Q2 25
$-15.0M
$13.4M
Q1 25
$-17.0M
$-4.7M
Q4 24
$-32.4M
$101.0M
Q3 24
$-18.8M
$27.5M
Q2 24
$-15.7M
$34.8M
Q1 24
$-32.3M
$11.0M
Free Cash Flow
PRCT
PRCT
PX
PX
Q4 25
$-12.2M
$18.1M
Q3 25
$-9.5M
$-9.5M
Q2 25
$-17.8M
$11.6M
Q1 25
$-18.8M
$-6.0M
Q4 24
$-33.6M
$96.6M
Q3 24
$-19.0M
$25.2M
Q2 24
$-16.8M
$33.9M
Q1 24
$-34.2M
$10.7M
FCF Margin
PRCT
PRCT
PX
PX
Q4 25
-15.9%
22.3%
Q3 25
-11.4%
-12.6%
Q2 25
-22.5%
15.9%
Q1 25
-27.2%
-8.9%
Q4 24
-49.2%
113.6%
Q3 24
-32.6%
34.0%
Q2 24
-31.4%
47.7%
Q1 24
-76.9%
16.2%
Capex Intensity
PRCT
PRCT
PX
PX
Q4 25
2.4%
6.0%
Q3 25
3.4%
1.2%
Q2 25
3.5%
2.5%
Q1 25
2.7%
1.9%
Q4 24
1.7%
5.2%
Q3 24
0.4%
3.0%
Q2 24
2.0%
1.3%
Q1 24
4.4%
0.4%
Cash Conversion
PRCT
PRCT
PX
PX
Q4 25
2.43×
Q3 25
-4.01×
Q2 25
3.96×
Q1 25
-1.05×
Q4 24
19.12×
Q3 24
19.54×
Q2 24
4.98×
Q1 24
2.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRCT
PRCT

Hand Pieces And Other Consumables$34.1M45%
System Sales And Rentals$27.5M36%
Other$9.8M13%
Service Revenue$5.0M7%

PX
PX

Management Fees$78.1M96%
Advisory Fees$1.8M2%

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