vs

Side-by-side financial comparison of AMERICAN SHARED HOSPITAL SERVICES (AMS) and BayFirst Financial Corp. (BAFN). Click either name above to swap in a different company.

BayFirst Financial Corp. is the larger business by last-quarter revenue ($10.3M vs $7.7M, roughly 1.3× AMERICAN SHARED HOSPITAL SERVICES). AMERICAN SHARED HOSPITAL SERVICES runs the higher net margin — -8.2% vs -55.0%, a 46.8% gap on every dollar of revenue. Over the past eight quarters, AMERICAN SHARED HOSPITAL SERVICES's revenue compounded faster (21.7% CAGR vs -29.6%).

American Shared Hospital Services offers turnkey outsourced solutions for advanced radiotherapy, stereotactic radiosurgery and diagnostic imaging equipment to healthcare facilities. It eliminates high upfront capital costs for hospitals, operates primarily across North America, and also serves Latin America and select Asia-Pacific markets, catering to both public and private hospital segments.

The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.

AMS vs BAFN — Head-to-Head

Bigger by revenue
BAFN
BAFN
1.3× larger
BAFN
$10.3M
$7.7M
AMS
Higher net margin
AMS
AMS
46.8% more per $
AMS
-8.2%
-55.0%
BAFN
Faster 2-yr revenue CAGR
AMS
AMS
Annualised
AMS
21.7%
-29.6%
BAFN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMS
AMS
BAFN
BAFN
Revenue
$7.7M
$10.3M
Net Profit
$-631.0K
$-5.7M
Gross Margin
11.7%
Operating Margin
-18.1%
Net Margin
-8.2%
-55.0%
Revenue YoY
-14.8%
Net Profit YoY
52.5%
-130.6%
EPS (diluted)
$-0.09
$-1.48

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
AMS
AMS
BAFN
BAFN
Q1 26
$10.3M
Q4 25
$7.7M
$11.2M
Q3 25
$7.2M
$10.2M
Q2 25
$7.1M
$23.1M
Q1 25
$6.1M
$19.8M
Q4 24
$9.1M
$32.9M
Q3 24
$7.0M
$21.7M
Q2 24
$7.1M
$20.8M
Net Profit
AMS
AMS
BAFN
BAFN
Q1 26
$-5.7M
Q4 25
$-631.0K
$-2.5M
Q3 25
$-17.0K
$-18.9M
Q2 25
$-280.0K
$-1.2M
Q1 25
$-625.0K
$-335.0K
Q4 24
$-1.3M
$9.8M
Q3 24
$-207.0K
$1.1M
Q2 24
$3.6M
$866.0K
Gross Margin
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
11.7%
Q3 25
22.1%
Q2 25
23.1%
Q1 25
15.4%
Q4 24
35.3%
Q3 24
19.6%
Q2 24
35.0%
Operating Margin
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
-18.1%
-25.3%
Q3 25
-4.8%
-253.0%
Q2 25
-7.7%
-7.1%
Q1 25
-21.3%
-2.3%
Q4 24
-20.2%
Q3 24
-12.7%
7.1%
Q2 24
-0.0%
5.9%
Net Margin
AMS
AMS
BAFN
BAFN
Q1 26
-55.0%
Q4 25
-8.2%
-22.1%
Q3 25
-0.2%
-184.7%
Q2 25
-4.0%
-5.3%
Q1 25
-10.2%
-1.7%
Q4 24
-14.6%
91.8%
Q3 24
-3.0%
5.2%
Q2 24
51.0%
4.2%
EPS (diluted)
AMS
AMS
BAFN
BAFN
Q1 26
$-1.48
Q4 25
$-0.09
$-0.71
Q3 25
$0.00
$-4.66
Q2 25
$-0.04
$-0.39
Q1 25
$-0.10
$-0.17
Q4 24
$-0.21
$2.21
Q3 24
$-0.03
$0.18
Q2 24
$0.55
$0.12

Balance Sheet & Financial Strength

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

Metric
AMS
AMS
BAFN
BAFN
Cash + ST InvestmentsLiquidity on hand
$3.5M
$134.5M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$24.0M
$81.9M
Total Assets
$55.5M
$1.2B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMS
AMS
BAFN
BAFN
Q1 26
$134.5M
Q4 25
$3.5M
$207.0M
Q3 25
$5.1M
$118.5M
Q2 25
$11.1M
$77.3M
Q1 25
$11.2M
$63.2M
Q4 24
$11.0M
$77.8M
Q3 24
$13.8M
$64.4M
Q2 24
$14.2M
$60.8M
Total Debt
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
$17.4M
Q3 25
$18.2M
Q2 25
$19.1M
Q1 25
$19.9M
Q4 24
$20.4M
Q3 24
$14.4M
Q2 24
$15.1M
Stockholders' Equity
AMS
AMS
BAFN
BAFN
Q1 26
$81.9M
Q4 25
$24.0M
$87.6M
Q3 25
$24.6M
$89.7M
Q2 25
$24.5M
$108.2M
Q1 25
$24.6M
$110.1M
Q4 24
$25.2M
$110.9M
Q3 24
$26.4M
$102.3M
Q2 24
$26.5M
$101.0M
Total Assets
AMS
AMS
BAFN
BAFN
Q1 26
$1.2B
Q4 25
$55.5M
$1.3B
Q3 25
$59.6M
$1.3B
Q2 25
$63.5M
$1.3B
Q1 25
$63.3M
$1.3B
Q4 24
$60.2M
$1.3B
Q3 24
$63.3M
$1.2B
Q2 24
$60.8M
$1.2B
Debt / Equity
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
0.72×
Q3 25
0.74×
Q2 25
0.78×
Q1 25
0.81×
Q4 24
0.81×
Q3 24
0.54×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
AMS
AMS
BAFN
BAFN
Operating Cash FlowLast quarter
$-704.0K
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-34.8%
Capex IntensityCapex / Revenue
25.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
$-704.0K
$285.3M
Q3 25
$1.7M
$47.3M
Q2 25
$-372.0K
$63.3M
Q1 25
$2.5M
$74.2M
Q4 24
$274.0K
$390.5M
Q3 24
$472.0K
$90.8M
Q2 24
$1.3M
$78.8M
Free Cash Flow
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
$-2.7M
$285.0M
Q3 25
$-2.0M
$47.3M
Q2 25
$-2.3M
$63.1M
Q1 25
$-1.5M
$74.1M
Q4 24
$-4.4M
$388.8M
Q3 24
$-407.0K
$90.5M
Q2 24
$70.0K
$78.4M
FCF Margin
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
-34.8%
2554.2%
Q3 25
-28.3%
462.2%
Q2 25
-32.1%
272.7%
Q1 25
-24.7%
375.1%
Q4 24
-48.4%
1180.9%
Q3 24
-5.8%
416.5%
Q2 24
1.0%
376.1%
Capex Intensity
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
25.7%
2.7%
Q3 25
51.6%
0.1%
Q2 25
26.9%
0.8%
Q1 25
65.7%
0.4%
Q4 24
51.4%
5.1%
Q3 24
12.6%
1.5%
Q2 24
17.2%
1.9%
Cash Conversion
AMS
AMS
BAFN
BAFN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.95×
Q3 24
79.85×
Q2 24
0.36×
90.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMS
AMS

Direct Patient Services$4.0M51%
Rental Income From Medical Services$2.7M35%
Pbrt Services$1.2M15%

BAFN
BAFN

Net Interest Income$9.4M91%
Noninterest Income$884.0K9%

Related Comparisons