vs

Side-by-side financial comparison of Amphastar Pharmaceuticals, Inc. (AMPH) and PATHWARD FINANCIAL, INC. (CASH). Click either name above to swap in a different company.

Amphastar Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($183.1M vs $173.1M, roughly 1.1× PATHWARD FINANCIAL, INC.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 13.3%, a 7.0% gap on every dollar of revenue. On growth, PATHWARD FINANCIAL, INC. posted the faster year-over-year revenue change (-0.2% vs -1.8%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $24.6M). Over the past eight quarters, Amphastar Pharmaceuticals, Inc.'s revenue compounded faster (3.2% CAGR vs -18.0%).

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company. It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.

Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.

AMPH vs CASH — Head-to-Head

Bigger by revenue
AMPH
AMPH
1.1× larger
AMPH
$183.1M
$173.1M
CASH
Growing faster (revenue YoY)
CASH
CASH
+1.6% gap
CASH
-0.2%
-1.8%
AMPH
Higher net margin
CASH
CASH
7.0% more per $
CASH
20.3%
13.3%
AMPH
More free cash flow
CASH
CASH
$79.5M more FCF
CASH
$104.1M
$24.6M
AMPH
Faster 2-yr revenue CAGR
AMPH
AMPH
Annualised
AMPH
3.2%
-18.0%
CASH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMPH
AMPH
CASH
CASH
Revenue
$183.1M
$173.1M
Net Profit
$24.4M
$35.2M
Gross Margin
46.8%
Operating Margin
19.4%
24.6%
Net Margin
13.3%
20.3%
Revenue YoY
-1.8%
-0.2%
Net Profit YoY
-35.7%
11.9%
EPS (diluted)
$0.51
$1.57

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
AMPH
AMPH
CASH
CASH
Q4 25
$183.1M
$173.1M
Q3 25
$191.8M
$186.7M
Q2 25
$174.4M
$195.8M
Q1 25
$170.5M
$274.8M
Q4 24
$186.5M
$182.6M
Q3 24
$191.2M
$179.5M
Q2 24
$182.4M
$188.6M
Q1 24
$171.8M
$257.6M
Net Profit
AMPH
AMPH
CASH
CASH
Q4 25
$24.4M
$35.2M
Q3 25
$17.4M
$38.8M
Q2 25
$31.0M
$42.1M
Q1 25
$25.3M
$75.0M
Q4 24
$38.0M
$30.0M
Q3 24
$40.4M
$33.5M
Q2 24
$37.9M
$44.9M
Q1 24
$43.2M
$69.9M
Gross Margin
AMPH
AMPH
CASH
CASH
Q4 25
46.8%
Q3 25
51.4%
Q2 25
49.6%
Q1 25
50.0%
Q4 24
46.5%
Q3 24
53.3%
Q2 24
52.2%
Q1 24
52.4%
Operating Margin
AMPH
AMPH
CASH
CASH
Q4 25
19.4%
24.6%
Q3 25
13.2%
25.9%
Q2 25
24.2%
24.1%
Q1 25
21.9%
33.2%
Q4 24
24.2%
19.8%
Q3 24
29.8%
20.9%
Q2 24
30.3%
27.1%
Q1 24
27.9%
33.8%
Net Margin
AMPH
AMPH
CASH
CASH
Q4 25
13.3%
20.3%
Q3 25
9.0%
20.8%
Q2 25
17.8%
21.5%
Q1 25
14.8%
27.3%
Q4 24
20.4%
16.4%
Q3 24
21.1%
18.7%
Q2 24
20.8%
23.8%
Q1 24
25.1%
27.1%
EPS (diluted)
AMPH
AMPH
CASH
CASH
Q4 25
$0.51
$1.57
Q3 25
$0.37
$1.69
Q2 25
$0.64
$1.81
Q1 25
$0.51
$3.14
Q4 24
$0.74
$1.23
Q3 24
$0.78
$1.34
Q2 24
$0.73
$1.78
Q1 24
$0.81
$2.74

Balance Sheet & Financial Strength

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

Metric
AMPH
AMPH
CASH
CASH
Cash + ST InvestmentsLiquidity on hand
$282.8M
$331.2M
Total DebtLower is stronger
$608.7M
$33.5M
Stockholders' EquityBook value
$788.8M
$854.5M
Total Assets
$1.6B
$7.6B
Debt / EquityLower = less leverage
0.77×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPH
AMPH
CASH
CASH
Q4 25
$282.8M
$331.2M
Q3 25
$276.2M
$120.6M
Q2 25
$231.8M
$258.3M
Q1 25
$236.9M
$254.2M
Q4 24
$221.6M
$597.4M
Q3 24
$250.5M
$158.3M
Q2 24
$217.8M
$298.9M
Q1 24
$289.6M
$347.9M
Total Debt
AMPH
AMPH
CASH
CASH
Q4 25
$608.7M
$33.5M
Q3 25
$608.6M
$33.5M
Q2 25
$607.7M
$33.4M
Q1 25
$603.9M
$33.4M
Q4 24
$601.6M
$33.4M
Q3 24
$596.4M
$33.4M
Q2 24
$586.9M
$33.3M
Q1 24
$594.0M
$33.4M
Stockholders' Equity
AMPH
AMPH
CASH
CASH
Q4 25
$788.8M
$854.5M
Q3 25
$776.7M
$858.0M
Q2 25
$757.5M
$819.0M
Q1 25
$751.3M
$814.7M
Q4 24
$732.3M
$758.3M
Q3 24
$727.7M
$822.5M
Q2 24
$713.3M
$748.4M
Q1 24
$672.4M
$719.5M
Total Assets
AMPH
AMPH
CASH
CASH
Q4 25
$1.6B
$7.6B
Q3 25
$1.7B
$7.2B
Q2 25
$1.6B
$7.2B
Q1 25
$1.6B
$7.0B
Q4 24
$1.6B
$7.6B
Q3 24
$1.5B
$7.5B
Q2 24
$1.5B
$7.5B
Q1 24
$1.6B
$7.4B
Debt / Equity
AMPH
AMPH
CASH
CASH
Q4 25
0.77×
0.04×
Q3 25
0.78×
0.04×
Q2 25
0.80×
0.04×
Q1 25
0.80×
0.04×
Q4 24
0.82×
0.04×
Q3 24
0.82×
0.04×
Q2 24
0.82×
0.04×
Q1 24
0.88×
0.05×

Cash Flow & Capital Efficiency

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

Metric
AMPH
AMPH
CASH
CASH
Operating Cash FlowLast quarter
$32.9M
$108.3M
Free Cash FlowOCF − Capex
$24.6M
$104.1M
FCF MarginFCF / Revenue
13.4%
60.1%
Capex IntensityCapex / Revenue
4.5%
2.4%
Cash ConversionOCF / Net Profit
1.35×
3.08×
TTM Free Cash FlowTrailing 4 quarters
$121.2M
$616.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPH
AMPH
CASH
CASH
Q4 25
$32.9M
$108.3M
Q3 25
$52.6M
$303.7M
Q2 25
$35.6M
$30.4M
Q1 25
$35.1M
$188.3M
Q4 24
$29.0M
$-71.7M
Q3 24
$60.0M
$143.1M
Q2 24
$69.1M
$113.2M
Q1 24
$55.3M
$203.0M
Free Cash Flow
AMPH
AMPH
CASH
CASH
Q4 25
$24.6M
$104.1M
Q3 25
$47.2M
$300.3M
Q2 25
$25.0M
$27.7M
Q1 25
$24.4M
$184.7M
Q4 24
$16.6M
$-73.8M
Q3 24
$46.2M
$138.8M
Q2 24
$63.1M
$111.0M
Q1 24
$46.5M
$201.3M
FCF Margin
AMPH
AMPH
CASH
CASH
Q4 25
13.4%
60.1%
Q3 25
24.6%
160.9%
Q2 25
14.3%
14.1%
Q1 25
14.3%
67.2%
Q4 24
8.9%
-40.4%
Q3 24
24.1%
77.3%
Q2 24
34.6%
58.8%
Q1 24
27.1%
78.1%
Capex Intensity
AMPH
AMPH
CASH
CASH
Q4 25
4.5%
2.4%
Q3 25
2.8%
1.8%
Q2 25
6.1%
1.4%
Q1 25
6.3%
1.3%
Q4 24
6.7%
1.1%
Q3 24
7.2%
2.4%
Q2 24
3.3%
1.2%
Q1 24
5.1%
0.7%
Cash Conversion
AMPH
AMPH
CASH
CASH
Q4 25
1.35×
3.08×
Q3 25
3.03×
7.83×
Q2 25
1.15×
0.72×
Q1 25
1.39×
2.51×
Q4 24
0.76×
-2.39×
Q3 24
1.48×
4.27×
Q2 24
1.82×
2.52×
Q1 24
1.28×
2.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMPH
AMPH

Other Products$62.4M34%
Baqsimi$46.7M26%
Primatenemist$27.9M15%
Epinephrine$17.1M9%
Lidocaine$14.9M8%
Glucagon$14.1M8%

CASH
CASH

Consumer$103.0M59%
Payment Card And Deposit Fees$30.1M17%
Other$24.2M14%
Rental Income$11.6M7%
Commercial$4.2M2%

Related Comparisons