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Side-by-side financial comparison of Agilent Technologies (A) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

Agilent Technologies is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.8× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 17.0%, a 1.6% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 7.0%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 6.9%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

A vs WAL — Head-to-Head

Bigger by revenue
A
A
1.8× larger
A
$1.8B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+24.0% gap
WAL
31.0%
7.0%
A
Higher net margin
WAL
WAL
1.6% more per $
WAL
18.6%
17.0%
A
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
6.9%
A

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
A
A
WAL
WAL
Revenue
$1.8B
$1.0B
Net Profit
$305.0M
$189.2M
Gross Margin
52.6%
Operating Margin
19.6%
Net Margin
17.0%
18.6%
Revenue YoY
7.0%
31.0%
Net Profit YoY
-4.1%
-5.0%
EPS (diluted)
$1.07
$1.65

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
A
A
WAL
WAL
Q1 26
$1.8B
$1.0B
Q4 25
$1.9B
$980.9M
Q3 25
$1.7B
$938.2M
Q2 25
$1.7B
$845.9M
Q1 25
$1.7B
$778.0M
Q4 24
$1.7B
$838.4M
Q3 24
$1.6B
$823.1M
Q2 24
$1.6B
$771.8M
Net Profit
A
A
WAL
WAL
Q1 26
$305.0M
$189.2M
Q4 25
$434.0M
$286.1M
Q3 25
$336.0M
$253.4M
Q2 25
$215.0M
$230.4M
Q1 25
$318.0M
$199.1M
Q4 24
$351.0M
$216.9M
Q3 24
$282.0M
$199.8M
Q2 24
$308.0M
$193.6M
Gross Margin
A
A
WAL
WAL
Q1 26
52.6%
Q4 25
53.2%
Q3 25
51.1%
Q2 25
51.9%
Q1 25
53.5%
Q4 24
53.9%
Q3 24
54.2%
Q2 24
54.4%
Operating Margin
A
A
WAL
WAL
Q1 26
19.6%
Q4 25
23.8%
36.3%
Q3 25
20.7%
33.4%
Q2 25
18.0%
34.4%
Q1 25
22.4%
31.7%
Q4 24
24.0%
30.9%
Q3 24
21.1%
30.6%
Q2 24
23.1%
32.1%
Net Margin
A
A
WAL
WAL
Q1 26
17.0%
18.6%
Q4 25
23.3%
29.2%
Q3 25
19.3%
27.0%
Q2 25
12.9%
27.2%
Q1 25
18.9%
25.6%
Q4 24
20.6%
25.9%
Q3 24
17.9%
24.3%
Q2 24
19.6%
25.1%
EPS (diluted)
A
A
WAL
WAL
Q1 26
$1.07
$1.65
Q4 25
$1.53
$2.59
Q3 25
$1.18
$2.28
Q2 25
$0.75
$2.07
Q1 25
$1.11
$1.79
Q4 24
$1.23
$1.94
Q3 24
$0.97
$1.80
Q2 24
$1.05
$1.75

Balance Sheet & Financial Strength

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

Metric
A
A
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$3.0B
$4.3B
Stockholders' EquityBook value
$6.9B
$7.9B
Total Assets
$12.8B
$98.9B
Debt / EquityLower = less leverage
0.44×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
WAL
WAL
Q1 26
$1.8B
Q4 25
$1.8B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.8B
Q2 24
$1.7B
Total Debt
A
A
WAL
WAL
Q1 26
$3.0B
$4.3B
Q4 25
$3.0B
$1.4B
Q3 25
$3.4B
$2.9B
Q2 25
$3.3B
$2.9B
Q1 25
$3.3B
$1.6B
Q4 24
$3.3B
$2.4B
Q3 24
$2.1B
$1.4B
Q2 24
$2.1B
$436.0M
Stockholders' Equity
A
A
WAL
WAL
Q1 26
$6.9B
$7.9B
Q4 25
$6.7B
$7.7B
Q3 25
$6.4B
$7.4B
Q2 25
$6.1B
$7.1B
Q1 25
$6.0B
$6.9B
Q4 24
$5.9B
$6.7B
Q3 24
$5.9B
$6.7B
Q2 24
$6.2B
$6.3B
Total Assets
A
A
WAL
WAL
Q1 26
$12.8B
$98.9B
Q4 25
$12.7B
$92.8B
Q3 25
$12.2B
$91.0B
Q2 25
$12.2B
$86.7B
Q1 25
$11.9B
$83.0B
Q4 24
$11.8B
$80.9B
Q3 24
$11.0B
$80.1B
Q2 24
$10.9B
$80.6B
Debt / Equity
A
A
WAL
WAL
Q1 26
0.44×
0.54×
Q4 25
0.45×
0.18×
Q3 25
0.53×
0.39×
Q2 25
0.55×
0.41×
Q1 25
0.56×
0.23×
Q4 24
0.57×
0.36×
Q3 24
0.36×
0.21×
Q2 24
0.34×
0.07×

Cash Flow & Capital Efficiency

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

Metric
A
A
WAL
WAL
Operating Cash FlowLast quarter
$268.0M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
9.7%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$993.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
WAL
WAL
Q1 26
$268.0M
Q4 25
$545.0M
$-2.7B
Q3 25
$362.0M
$-597.4M
Q2 25
$221.0M
$-357.7M
Q1 25
$431.0M
$-1.7B
Q4 24
$481.0M
$-2.7B
Q3 24
$452.0M
$-1.1B
Q2 24
$333.0M
$-745.8M
Free Cash Flow
A
A
WAL
WAL
Q1 26
$175.0M
Q4 25
$452.0M
Q3 25
$259.0M
Q2 25
$107.0M
Q1 25
$334.0M
Q4 24
$388.0M
Q3 24
$360.0M
Q2 24
$230.0M
FCF Margin
A
A
WAL
WAL
Q1 26
9.7%
Q4 25
24.3%
Q3 25
14.9%
Q2 25
6.4%
Q1 25
19.9%
Q4 24
22.8%
Q3 24
22.8%
Q2 24
14.6%
Capex Intensity
A
A
WAL
WAL
Q1 26
5.2%
Q4 25
5.0%
Q3 25
5.9%
Q2 25
6.8%
Q1 25
5.8%
Q4 24
5.5%
Q3 24
5.8%
Q2 24
6.5%
Cash Conversion
A
A
WAL
WAL
Q1 26
0.88×
Q4 25
1.26×
-9.36×
Q3 25
1.08×
-2.36×
Q2 25
1.03×
-1.55×
Q1 25
1.36×
-8.31×
Q4 24
1.37×
-12.64×
Q3 24
1.60×
-5.35×
Q2 24
1.08×
-3.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

WAL
WAL

Segment breakdown not available.

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