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Side-by-side financial comparison of AMERISAFE INC (AMSF) and SILICOM LTD. (SILC). Click either name above to swap in a different company.

AMERISAFE INC is the larger business by last-quarter revenue ($80.1M vs $61.9M, roughly 1.3× SILICOM LTD.). AMERISAFE INC runs the higher net margin — 10.2% vs -18.5%, a 28.7% gap on every dollar of revenue. On growth, AMERISAFE INC posted the faster year-over-year revenue change (10.3% vs 6.6%).

AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.

Silicom Ltd. is a publicly traded company, headquartered in Israel, that specializes in the design, manufacture and marketing of connectivity solutions for a range of servers and server-based systems. Its shares are listed on the NASDAQ Global Market and on the Tel Aviv Stock Exchange. Silicom is a member of the RAD Group family of companies.

AMSF vs SILC — Head-to-Head

Bigger by revenue
AMSF
AMSF
1.3× larger
AMSF
$80.1M
$61.9M
SILC
Growing faster (revenue YoY)
AMSF
AMSF
+3.8% gap
AMSF
10.3%
6.6%
SILC
Higher net margin
AMSF
AMSF
28.7% more per $
AMSF
10.2%
-18.5%
SILC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMSF
AMSF
SILC
SILC
Revenue
$80.1M
$61.9M
Net Profit
$8.1M
$-11.5M
Gross Margin
30.6%
Operating Margin
-19.8%
Net Margin
10.2%
-18.5%
Revenue YoY
10.3%
6.6%
Net Profit YoY
-9.0%
16.3%
EPS (diluted)
$0.43
$-2.01

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
AMSF
AMSF
SILC
SILC
Q1 26
$80.1M
Q4 25
$81.6M
$61.9M
Q3 25
$82.0M
Q2 25
$81.1M
Q1 25
$72.6M
Q4 24
$74.0M
$58.1M
Q3 24
$78.7M
Q2 24
$75.8M
Net Profit
AMSF
AMSF
SILC
SILC
Q1 26
$8.1M
Q4 25
$10.4M
$-11.5M
Q3 25
$13.8M
Q2 25
$14.0M
Q1 25
$8.9M
Q4 24
$13.2M
$-13.7M
Q3 24
$14.3M
Q2 24
$11.0M
Gross Margin
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
30.6%
Q3 25
Q2 25
Q1 25
Q4 24
28.6%
Q3 24
Q2 24
Operating Margin
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
15.6%
-19.8%
Q3 25
21.3%
Q2 25
21.5%
Q1 25
15.5%
Q4 24
22.7%
-22.8%
Q3 24
22.6%
Q2 24
18.1%
Net Margin
AMSF
AMSF
SILC
SILC
Q1 26
10.2%
Q4 25
12.8%
-18.5%
Q3 25
16.9%
Q2 25
17.2%
Q1 25
12.3%
Q4 24
17.8%
-23.6%
Q3 24
18.2%
Q2 24
14.5%
EPS (diluted)
AMSF
AMSF
SILC
SILC
Q1 26
$0.43
Q4 25
$0.55
$-2.01
Q3 25
$0.72
Q2 25
$0.73
Q1 25
$0.47
Q4 24
$0.69
$-2.28
Q3 24
$0.75
Q2 24
$0.57

Balance Sheet & Financial Strength

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

Metric
AMSF
AMSF
SILC
SILC
Cash + ST InvestmentsLiquidity on hand
$34.2M
$42.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.6M
$117.5M
Total Assets
$152.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSF
AMSF
SILC
SILC
Q1 26
$34.2M
Q4 25
$61.9M
$42.1M
Q3 25
$54.7M
Q2 25
$48.5M
Q1 25
$44.8M
Q4 24
$44.1M
$72.1M
Q3 24
$63.7M
Q2 24
$30.6M
Stockholders' Equity
AMSF
AMSF
SILC
SILC
Q1 26
$246.6M
Q4 25
$251.6M
$117.5M
Q3 25
$274.8M
Q2 25
$265.6M
Q1 25
$260.8M
Q4 24
$257.3M
$127.8M
Q3 24
$314.4M
Q2 24
$301.0M
Total Assets
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
$1.1B
$152.2M
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
$150.4M
Q3 24
$1.3B
Q2 24
$1.2B

Cash Flow & Capital Efficiency

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

Metric
AMSF
AMSF
SILC
SILC
Operating Cash FlowLast quarter
$-2.2M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-5.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
$11.1M
$-2.2M
Q3 25
$10.7M
Q2 25
$-8.4M
Q1 25
$-1.8M
Q4 24
$24.2M
$18.3M
Q3 24
$8.4M
Q2 24
$-2.6M
Free Cash Flow
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
$8.9M
$-3.3M
Q3 25
$9.8M
Q2 25
$-9.5M
Q1 25
$-1.8M
Q4 24
$23.4M
$17.4M
Q3 24
$8.4M
Q2 24
$-2.6M
FCF Margin
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
10.9%
-5.4%
Q3 25
11.9%
Q2 25
-11.7%
Q1 25
-2.5%
Q4 24
31.5%
29.9%
Q3 24
10.7%
Q2 24
-3.5%
Capex Intensity
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
2.6%
1.9%
Q3 25
1.1%
Q2 25
1.3%
Q1 25
0.0%
Q4 24
1.1%
1.6%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
AMSF
AMSF
SILC
SILC
Q1 26
Q4 25
1.06×
Q3 25
0.77×
Q2 25
-0.61×
Q1 25
-0.20×
Q4 24
1.83×
Q3 24
0.59×
Q2 24
-0.24×

Financial Flow Comparison

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

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