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Side-by-side financial comparison of UTAH MEDICAL PRODUCTS INC (UTMD) and Where Food Comes From, Inc. (WFCF). Click either name above to swap in a different company.
UTAH MEDICAL PRODUCTS INC is the larger business by last-quarter revenue ($9.0M vs $6.0M, roughly 1.5× Where Food Comes From, Inc.). UTAH MEDICAL PRODUCTS INC runs the higher net margin — 28.4% vs -3.4%, a 31.7% gap on every dollar of revenue. On growth, UTAH MEDICAL PRODUCTS INC posted the faster year-over-year revenue change (-1.2% vs -9.3%). UTAH MEDICAL PRODUCTS INC produced more free cash flow last quarter ($3.4M vs $-741.0K). Over the past eight quarters, Where Food Comes From, Inc.'s revenue compounded faster (4.0% CAGR vs -10.7%).
Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites...
Where Food Comes From, Inc. is a leading provider of food traceability, verification, and certification solutions for the agricultural and food production industries. Its services support producers, processors, and retailers across North America to validate food origin, sustainability practices, animal welfare standards, and product authenticity for end consumers.
UTMD vs WFCF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.0M | $6.0M |
| Net Profit | $2.6M | $-203.0K |
| Gross Margin | 58.2% | 35.9% |
| Operating Margin | 27.0% | -1.0% |
| Net Margin | 28.4% | -3.4% |
| Revenue YoY | -1.2% | -9.3% |
| Net Profit YoY | -11.6% | -121.1% |
| EPS (diluted) | $0.80 | $-0.04 |
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.
| Q4 25 | $9.0M | $6.0M | ||
| Q3 25 | $9.8M | $7.0M | ||
| Q2 25 | $10.0M | $6.6M | ||
| Q1 25 | $9.7M | $5.3M | ||
| Q4 24 | $9.2M | $6.7M | ||
| Q3 24 | $10.0M | $7.1M | ||
| Q2 24 | $10.4M | $6.4M | ||
| Q1 24 | $11.3M | $5.6M |
| Q4 25 | $2.6M | $-203.0K | ||
| Q3 25 | $2.6M | $1.1M | ||
| Q2 25 | $3.0M | $562.0K | ||
| Q1 25 | $3.0M | $31.0K | ||
| Q4 24 | $2.9M | $961.0K | ||
| Q3 24 | $3.6M | $492.0K | ||
| Q2 24 | $3.5M | $489.0K | ||
| Q1 24 | $4.0M | $178.0K |
| Q4 25 | 58.2% | 35.9% | ||
| Q3 25 | 57.1% | 38.3% | ||
| Q2 25 | 56.2% | 37.5% | ||
| Q1 25 | 57.0% | 41.6% | ||
| Q4 24 | 58.1% | 42.0% | ||
| Q3 24 | 58.0% | 39.0% | ||
| Q2 24 | 60.1% | 41.6% | ||
| Q1 24 | 59.7% | 41.7% |
| Q4 25 | 27.0% | -1.0% | ||
| Q3 25 | 26.6% | 8.2% | ||
| Q2 25 | 32.1% | 8.4% | ||
| Q1 25 | 32.5% | 2.7% | ||
| Q4 24 | 32.0% | 11.3% | ||
| Q3 24 | 33.4% | 8.6% | ||
| Q2 24 | 33.1% | 9.1% | ||
| Q1 24 | 34.2% | 4.7% |
| Q4 25 | 28.4% | -3.4% | ||
| Q3 25 | 26.8% | 16.3% | ||
| Q2 25 | 30.6% | 8.6% | ||
| Q1 25 | 31.3% | 0.6% | ||
| Q4 24 | 31.7% | 14.4% | ||
| Q3 24 | 35.6% | 6.9% | ||
| Q2 24 | 33.2% | 7.6% | ||
| Q1 24 | 34.9% | 3.2% |
| Q4 25 | $0.80 | $-0.04 | ||
| Q3 25 | $0.82 | $0.22 | ||
| Q2 25 | $0.94 | $0.11 | ||
| Q1 25 | $0.92 | $0.01 | ||
| Q4 24 | $0.86 | $0.19 | ||
| Q3 24 | $1.03 | $0.09 | ||
| Q2 24 | $0.98 | $0.09 | ||
| Q1 24 | $1.09 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $85.8M | $3.2M |
| Total DebtLower is stronger | $225.0K | — |
| Stockholders' EquityBook value | $119.3M | $9.3M |
| Total Assets | $122.5M | $12.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $85.8M | $3.2M | ||
| Q3 25 | $84.3M | $4.8M | ||
| Q2 25 | $82.2M | $3.2M | ||
| Q1 25 | $83.3M | $2.2M | ||
| Q4 24 | $83.0M | $2.0M | ||
| Q3 24 | $88.5M | $2.8M | ||
| Q2 24 | $89.2M | $2.6M | ||
| Q1 24 | $93.8M | $1.9M |
| Q4 25 | $225.0K | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $269.0K | — | ||
| Q4 24 | $282.0K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $119.3M | $9.3M | ||
| Q3 25 | $118.3M | $10.3M | ||
| Q2 25 | $117.5M | $10.0M | ||
| Q1 25 | $117.0M | $9.6M | ||
| Q4 24 | $117.4M | $9.9M | ||
| Q3 24 | $124.2M | $9.5M | ||
| Q2 24 | $124.1M | $9.7M | ||
| Q1 24 | $127.7M | $9.6M |
| Q4 25 | $122.5M | $12.9M | ||
| Q3 25 | $122.0M | $16.9M | ||
| Q2 25 | $120.8M | $16.6M | ||
| Q1 25 | $122.5M | $15.2M | ||
| Q4 24 | $122.5M | $15.3M | ||
| Q3 24 | $129.7M | $16.9M | ||
| Q2 24 | $130.0M | $16.8M | ||
| Q1 24 | $135.4M | $15.4M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.5M | $-707.0K |
| Free Cash FlowOCF − Capex | $3.4M | $-741.0K |
| FCF MarginFCF / Revenue | 37.2% | -12.3% |
| Capex IntensityCapex / Revenue | 1.2% | 0.6% |
| Cash ConversionOCF / Net Profit | 1.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.3M | $1.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.5M | $-707.0K | ||
| Q3 25 | $3.9M | $501.0K | ||
| Q2 25 | $2.9M | $1.2M | ||
| Q1 25 | $4.5M | $632.0K | ||
| Q4 24 | $2.9M | $-50.0K | ||
| Q3 24 | $3.9M | $912.0K | ||
| Q2 24 | $2.8M | $1.2M | ||
| Q1 24 | $5.3M | $700.0K |
| Q4 25 | $3.4M | $-741.0K | ||
| Q3 25 | $3.9M | $443.0K | ||
| Q2 25 | $2.8M | $1.1M | ||
| Q1 25 | $4.3M | $603.0K | ||
| Q4 24 | $2.9M | $-79.0K | ||
| Q3 24 | $3.8M | $873.0K | ||
| Q2 24 | $2.7M | $1.1M | ||
| Q1 24 | $5.3M | $676.0K |
| Q4 25 | 37.2% | -12.3% | ||
| Q3 25 | 39.2% | 6.3% | ||
| Q2 25 | 28.4% | 17.5% | ||
| Q1 25 | 44.1% | 11.4% | ||
| Q4 24 | 32.0% | -1.2% | ||
| Q3 24 | 37.7% | 12.3% | ||
| Q2 24 | 25.5% | 17.2% | ||
| Q1 24 | 46.3% | 12.1% |
| Q4 25 | 1.2% | 0.6% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.5% | 0.5% | ||
| Q1 25 | 1.9% | 0.5% | ||
| Q4 24 | 0.1% | 0.4% | ||
| Q3 24 | 0.9% | 0.5% | ||
| Q2 24 | 1.1% | 1.0% | ||
| Q1 24 | 0.2% | 0.4% |
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.47× | 0.44× | ||
| Q2 25 | 0.94× | 2.10× | ||
| Q1 25 | 1.47× | 20.39× | ||
| Q4 24 | 1.01× | -0.05× | ||
| Q3 24 | 1.08× | 1.85× | ||
| Q2 24 | 0.80× | 2.39× | ||
| Q1 24 | 1.33× | 3.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
UTMD
Segment breakdown not available.
WFCF
| Verification And Certification Service Revenue | $5.0M | 83% |
| Other | $1.0M | 17% |
