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Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and NATIONAL BANKSHARES INC (NKSH). Click either name above to swap in a different company.
ADC Therapeutics SA is the larger business by last-quarter revenue ($23.1M vs $15.3M, roughly 1.5× NATIONAL BANKSHARES INC). On growth, ADC Therapeutics SA posted the faster year-over-year revenue change (36.4% vs 24.7%). Over the past eight quarters, NATIONAL BANKSHARES INC's revenue compounded faster (20.9% CAGR vs 13.7%).
ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
ADCT vs NKSH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.1M | $15.3M |
| Net Profit | — | $5.9M |
| Gross Margin | — | — |
| Operating Margin | -77.7% | 47.4% |
| Net Margin | — | 38.5% |
| Revenue YoY | 36.4% | 24.7% |
| Net Profit YoY | — | 91.0% |
| EPS (diluted) | $0.04 | $0.93 |
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 | $23.1M | $15.3M | ||
| Q3 25 | $15.8M | $14.2M | ||
| Q2 25 | $18.1M | $13.3M | ||
| Q1 25 | $17.4M | $12.8M | ||
| Q4 24 | $16.9M | $12.2M | ||
| Q3 24 | $18.0M | $11.7M | ||
| Q2 24 | $17.0M | $10.9M | ||
| Q1 24 | $17.8M | $10.4M |
| Q4 25 | — | $5.9M | ||
| Q3 25 | $-41.0M | $4.4M | ||
| Q2 25 | $-56.6M | $2.3M | ||
| Q1 25 | $-38.6M | $3.2M | ||
| Q4 24 | — | $3.1M | ||
| Q3 24 | $-44.0M | $2.7M | ||
| Q2 24 | $-36.5M | $-307.0K | ||
| Q1 24 | $-46.6M | $2.2M |
| Q4 25 | -77.7% | 47.4% | ||
| Q3 25 | -196.6% | 37.9% | ||
| Q2 25 | -244.1% | 20.0% | ||
| Q1 25 | -163.5% | 30.5% | ||
| Q4 24 | -191.8% | 30.1% | ||
| Q3 24 | -197.4% | 27.5% | ||
| Q2 24 | -170.5% | -4.4% | ||
| Q1 24 | -188.3% | 25.8% |
| Q4 25 | — | 38.5% | ||
| Q3 25 | -260.1% | 31.1% | ||
| Q2 25 | -313.2% | 17.2% | ||
| Q1 25 | -221.8% | 25.3% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | -244.1% | 22.8% | ||
| Q2 24 | -214.6% | -2.8% | ||
| Q1 24 | -261.1% | 20.8% |
| Q4 25 | $0.04 | $0.93 | ||
| Q3 25 | $-0.30 | $0.69 | ||
| Q2 25 | $-0.50 | $0.36 | ||
| Q1 25 | $-0.36 | $0.51 | ||
| Q4 24 | $-0.26 | $0.50 | ||
| Q3 24 | $-0.42 | $0.42 | ||
| Q2 24 | $-0.38 | $-0.05 | ||
| Q1 24 | $-0.56 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.3M | $59.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-185.8M | $184.9M |
| Total Assets | $323.1M | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.3M | $59.3M | ||
| Q3 25 | $234.7M | $42.3M | ||
| Q2 25 | $264.6M | $92.8M | ||
| Q1 25 | $194.7M | $122.5M | ||
| Q4 24 | $250.9M | $108.1M | ||
| Q3 24 | $274.3M | $49.8M | ||
| Q2 24 | $300.1M | $98.9M | ||
| Q1 24 | $234.3M | $121.2M |
| Q4 25 | $-185.8M | $184.9M | ||
| Q3 25 | $-238.2M | $179.2M | ||
| Q2 25 | $-199.2M | $168.7M | ||
| Q1 25 | $-238.2M | $167.3M | ||
| Q4 24 | $-202.6M | $156.4M | ||
| Q3 24 | $-171.9M | $167.8M | ||
| Q2 24 | $-131.7M | $149.0M | ||
| Q1 24 | $-194.4M | $139.4M |
| Q4 25 | $323.1M | $1.8B | ||
| Q3 25 | $289.8M | $1.8B | ||
| Q2 25 | $321.6M | $1.8B | ||
| Q1 25 | $272.5M | $1.8B | ||
| Q4 24 | $322.0M | $1.8B | ||
| Q3 24 | $349.1M | $1.8B | ||
| Q2 24 | $371.8M | $1.8B | ||
| Q1 24 | $308.0M | $1.7B |
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 | $-31.1M | $17.9M |
| Free Cash FlowOCF − Capex | — | $15.2M |
| FCF MarginFCF / Revenue | — | 99.2% |
| Capex IntensityCapex / Revenue | 0.0% | 17.9% |
| Cash ConversionOCF / Net Profit | — | 3.04× |
| TTM Free Cash FlowTrailing 4 quarters | — | $23.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.1M | $17.9M | ||
| Q3 25 | $-29.6M | $6.1M | ||
| Q2 25 | $-24.1M | $2.1M | ||
| Q1 25 | $-56.3M | $2.6M | ||
| Q4 24 | $-21.9M | $9.4M | ||
| Q3 24 | $-25.0M | $3.1M | ||
| Q2 24 | $-32.8M | $-3.0M | ||
| Q1 24 | $-44.1M | $3.8M |
| Q4 25 | — | $15.2M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $1.5M | ||
| Q1 25 | $-56.6M | $1.6M | ||
| Q4 24 | $-21.9M | $6.2M | ||
| Q3 24 | $-25.3M | $2.2M | ||
| Q2 24 | $-32.9M | $-4.0M | ||
| Q1 24 | $-44.6M | $3.5M |
| Q4 25 | — | 99.2% | ||
| Q3 25 | — | 37.4% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | -325.2% | 12.5% | ||
| Q4 24 | -129.8% | 50.5% | ||
| Q3 24 | -140.2% | 18.5% | ||
| Q2 24 | -193.0% | -36.3% | ||
| Q1 24 | -250.0% | 33.8% |
| Q4 25 | 0.0% | 17.9% | ||
| Q3 25 | 0.0% | 5.6% | ||
| Q2 25 | 0.0% | 4.1% | ||
| Q1 25 | 1.5% | 7.5% | ||
| Q4 24 | 0.5% | 26.6% | ||
| Q3 24 | 1.2% | 8.3% | ||
| Q2 24 | 0.2% | 9.3% | ||
| Q1 24 | 3.0% | 3.0% |
| Q4 25 | — | 3.04× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | — | 3.07× | ||
| Q3 24 | — | 1.17× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
