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Side-by-side financial comparison of ACME UNITED CORP (ACU) and HERITAGE COMMERCE CORP (HTBK). Click either name above to swap in a different company.

HERITAGE COMMERCE CORP is the larger business by last-quarter revenue ($53.6M vs $52.3M, roughly 1.0× ACME UNITED CORP). HERITAGE COMMERCE CORP runs the higher net margin — 28.2% vs 1.9%, a 26.3% gap on every dollar of revenue. On growth, HERITAGE COMMERCE CORP posted the faster year-over-year revenue change (15.6% vs 13.8%). Over the past eight quarters, HERITAGE COMMERCE CORP's revenue compounded faster (12.8% CAGR vs -2.9%).

Acme United Corporation is a supplier of cutting, measuring and safety products for the school, home, office, hardware and industrial markets. The company was organized as a partnership in 1867 and incorporated in 1873 under the laws of the State of Connecticut. It is publicly traded on the NYSE American with symbol ACU.

The United States Chamber of Commerce (USCC) is a business association advocacy group and is the largest lobbying group in the United States. The group was founded in April 23, 1912, out of local chambers of commerce at the urging of President William Howard Taft and his secretary of commerce and labor Charles Nagel. President Taft's belief was that the "government needed to deal with a group that could speak with authority for the interests of business."

ACU vs HTBK — Head-to-Head

Bigger by revenue
HTBK
HTBK
1.0× larger
HTBK
$53.6M
$52.3M
ACU
Growing faster (revenue YoY)
HTBK
HTBK
+1.8% gap
HTBK
15.6%
13.8%
ACU
Higher net margin
HTBK
HTBK
26.3% more per $
HTBK
28.2%
1.9%
ACU
Faster 2-yr revenue CAGR
HTBK
HTBK
Annualised
HTBK
12.8%
-2.9%
ACU

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ACU
ACU
HTBK
HTBK
Revenue
$52.3M
$53.6M
Net Profit
$985.0K
$15.1M
Gross Margin
39.7%
Operating Margin
3.3%
41.0%
Net Margin
1.9%
28.2%
Revenue YoY
13.8%
15.6%
Net Profit YoY
-40.4%
42.3%
EPS (diluted)
$0.24
$0.25

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
ACU
ACU
HTBK
HTBK
Q1 26
$52.3M
Q4 25
$47.5M
$53.6M
Q3 25
$49.1M
$50.0M
Q2 25
$54.0M
$47.8M
Q1 25
$46.0M
$46.1M
Q4 24
$45.9M
$46.4M
Q3 24
$48.2M
$42.2M
Q2 24
$55.4M
$41.7M
Net Profit
ACU
ACU
HTBK
HTBK
Q1 26
$985.0K
Q4 25
$1.9M
$15.1M
Q3 25
$1.9M
$14.7M
Q2 25
$4.8M
$6.4M
Q1 25
$1.7M
$11.6M
Q4 24
$1.7M
$10.6M
Q3 24
$2.2M
$10.5M
Q2 24
$4.5M
$9.2M
Gross Margin
ACU
ACU
HTBK
HTBK
Q1 26
39.7%
Q4 25
38.2%
Q3 25
39.1%
Q2 25
41.0%
Q1 25
39.0%
Q4 24
38.7%
Q3 24
38.5%
Q2 24
40.8%
Operating Margin
ACU
ACU
HTBK
HTBK
Q1 26
3.3%
Q4 25
6.1%
41.0%
Q3 25
6.1%
41.1%
Q2 25
11.8%
18.7%
Q1 25
5.3%
35.4%
Q4 24
5.0%
31.8%
Q3 24
6.1%
34.3%
Q2 24
11.5%
31.3%
Net Margin
ACU
ACU
HTBK
HTBK
Q1 26
1.9%
Q4 25
3.9%
28.2%
Q3 25
3.9%
29.4%
Q2 25
8.8%
13.4%
Q1 25
3.6%
25.2%
Q4 24
3.7%
22.9%
Q3 24
4.6%
24.9%
Q2 24
8.0%
22.1%
EPS (diluted)
ACU
ACU
HTBK
HTBK
Q1 26
$0.24
Q4 25
$0.46
$0.25
Q3 25
$0.46
$0.24
Q2 25
$1.16
$0.10
Q1 25
$0.41
$0.19
Q4 24
$0.43
$0.17
Q3 24
$0.54
$0.17
Q2 24
$1.09
$0.15

Balance Sheet & Financial Strength

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

Metric
ACU
ACU
HTBK
HTBK
Cash + ST InvestmentsLiquidity on hand
$4.2M
Total DebtLower is stronger
$33.0M
Stockholders' EquityBook value
$116.7M
$708.6M
Total Assets
$195.2M
$5.8B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACU
ACU
HTBK
HTBK
Q1 26
$4.2M
Q4 25
$3.6M
Q3 25
$5.1M
Q2 25
$3.6M
Q1 25
$3.4M
Q4 24
$6.4M
Q3 24
$5.7M
Q2 24
$3.8M
Total Debt
ACU
ACU
HTBK
HTBK
Q1 26
$33.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ACU
ACU
HTBK
HTBK
Q1 26
$116.7M
Q4 25
$117.6M
$708.6M
Q3 25
$115.8M
$700.0M
Q2 25
$113.7M
$694.7M
Q1 25
$108.3M
$696.2M
Q4 24
$107.0M
$689.7M
Q3 24
$106.3M
$685.4M
Q2 24
$104.0M
$679.2M
Total Assets
ACU
ACU
HTBK
HTBK
Q1 26
$195.2M
Q4 25
$171.0M
$5.8B
Q3 25
$173.0M
$5.6B
Q2 25
$170.9M
$5.5B
Q1 25
$163.0M
$5.5B
Q4 24
$162.2M
$5.6B
Q3 24
$165.5M
$5.6B
Q2 24
$173.5M
$5.3B
Debt / Equity
ACU
ACU
HTBK
HTBK
Q1 26
0.28×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ACU
ACU
HTBK
HTBK
Operating Cash FlowLast quarter
$61.7M
Free Cash FlowOCF − Capex
$61.3M
FCF MarginFCF / Revenue
114.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACU
ACU
HTBK
HTBK
Q1 26
Q4 25
$8.2M
$61.7M
Q3 25
$7.1M
$18.9M
Q2 25
$6.3M
$8.0M
Q1 25
$-3.3M
$14.8M
Q4 24
$6.4M
$39.0M
Q3 24
$8.9M
$5.3M
Q2 24
$6.9M
$10.5M
Free Cash Flow
ACU
ACU
HTBK
HTBK
Q1 26
Q4 25
$7.3M
$61.3M
Q3 25
$301.0K
$18.8M
Q2 25
$4.7M
Q1 25
$-4.7M
Q4 24
$4.7M
$37.3M
Q3 24
$7.5M
$4.9M
Q2 24
$4.4M
$9.9M
FCF Margin
ACU
ACU
HTBK
HTBK
Q1 26
Q4 25
15.3%
114.3%
Q3 25
0.6%
37.7%
Q2 25
8.7%
Q1 25
-10.2%
Q4 24
10.2%
80.5%
Q3 24
15.6%
11.6%
Q2 24
8.0%
23.6%
Capex Intensity
ACU
ACU
HTBK
HTBK
Q1 26
Q4 25
1.9%
0.7%
Q3 25
13.8%
0.1%
Q2 25
3.0%
Q1 25
2.9%
Q4 24
3.7%
3.5%
Q3 24
2.8%
1.0%
Q2 24
4.5%
1.6%
Cash Conversion
ACU
ACU
HTBK
HTBK
Q1 26
Q4 25
4.34×
4.08×
Q3 25
3.72×
1.28×
Q2 25
1.33×
1.25×
Q1 25
-2.02×
1.28×
Q4 24
3.73×
3.67×
Q3 24
3.99×
0.50×
Q2 24
1.55×
1.14×

Financial Flow Comparison

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

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