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Side-by-side financial comparison of American Outdoor Brands, Inc. (AOUT) and Bridgewater Bancshares Inc (BWB). Click either name above to swap in a different company.

American Outdoor Brands, Inc. is the larger business by last-quarter revenue ($57.2M vs $46.2M, roughly 1.2× Bridgewater Bancshares Inc). Bridgewater Bancshares Inc runs the higher net margin — 37.7% vs 3.6%, a 34.0% gap on every dollar of revenue. Over the past eight quarters, Bridgewater Bancshares Inc's revenue compounded faster (31.4% CAGR vs 3.5%).

Deckers Outdoor Corporation, doing business as Deckers Brands, is an American footwear designer and distributor founded in 1973 and based in Goleta, California. The company's portfolio of brands includes UGG, Teva, and Hoka. It was founded by Doug Otto and Karl F. Lopker.

Bridgewater Bancshares Inc. is a regional bank holding company headquartered in Minnesota, U.S. It offers a full suite of commercial and retail banking services including business loans, deposit products, residential mortgages, and personal banking solutions, primarily serving SMEs, individual consumers and local commercial clients in its operating areas.

AOUT vs BWB — Head-to-Head

Bigger by revenue
AOUT
AOUT
1.2× larger
AOUT
$57.2M
$46.2M
BWB
Higher net margin
BWB
BWB
34.0% more per $
BWB
37.7%
3.6%
AOUT
Faster 2-yr revenue CAGR
BWB
BWB
Annualised
BWB
31.4%
3.5%
AOUT

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AOUT
AOUT
BWB
BWB
Revenue
$57.2M
$46.2M
Net Profit
$2.1M
$17.4M
Gross Margin
45.6%
Operating Margin
3.7%
Net Margin
3.6%
37.7%
Revenue YoY
-5.0%
Net Profit YoY
-33.3%
80.7%
EPS (diluted)
$0.16
$0.58

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
AOUT
AOUT
BWB
BWB
Q1 26
$46.2M
Q4 25
$57.2M
$38.8M
Q3 25
$29.7M
$36.2M
Q2 25
$61.9M
$36.1M
Q1 25
$58.5M
$32.3M
Q4 24
$60.2M
$29.5M
Q3 24
$41.6M
$27.1M
Q2 24
$46.3M
$26.8M
Net Profit
AOUT
AOUT
BWB
BWB
Q1 26
$17.4M
Q4 25
$2.1M
$13.3M
Q3 25
$-6.8M
$11.6M
Q2 25
$-992.0K
$11.5M
Q1 25
$169.0K
$9.6M
Q4 24
$3.1M
$8.2M
Q3 24
$-2.4M
$8.7M
Q2 24
$-5.3M
$8.1M
Gross Margin
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
45.6%
Q3 25
46.7%
Q2 25
40.9%
Q1 25
44.7%
Q4 24
48.0%
Q3 24
45.4%
Q2 24
41.9%
Operating Margin
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
3.7%
44.2%
Q3 25
-23.0%
41.8%
Q2 25
-1.5%
42.0%
Q1 25
0.5%
39.2%
Q4 24
5.1%
35.6%
Q3 24
-6.2%
41.9%
Q2 24
-11.9%
39.7%
Net Margin
AOUT
AOUT
BWB
BWB
Q1 26
37.7%
Q4 25
3.6%
34.3%
Q3 25
-23.0%
32.1%
Q2 25
-1.6%
31.9%
Q1 25
0.3%
29.8%
Q4 24
5.2%
27.8%
Q3 24
-5.7%
32.0%
Q2 24
-11.5%
30.3%
EPS (diluted)
AOUT
AOUT
BWB
BWB
Q1 26
$0.58
Q4 25
$0.16
$0.42
Q3 25
$-0.54
$0.38
Q2 25
$-0.08
$0.38
Q1 25
$0.01
$0.31
Q4 24
$0.24
$0.26
Q3 24
$-0.18
$0.27
Q2 24
$-0.41
$0.26

Balance Sheet & Financial Strength

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

Metric
AOUT
AOUT
BWB
BWB
Cash + ST InvestmentsLiquidity on hand
$3.1M
$222.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$170.4M
$528.4M
Total Assets
$240.9M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AOUT
AOUT
BWB
BWB
Q1 26
$222.2M
Q4 25
$3.1M
$123.5M
Q3 25
$17.8M
$131.8M
Q2 25
$23.4M
$217.5M
Q1 25
$17.1M
$166.2M
Q4 24
$14.2M
$229.8M
Q3 24
$23.5M
$191.9M
Q2 24
$29.7M
$134.1M
Stockholders' Equity
AOUT
AOUT
BWB
BWB
Q1 26
$528.4M
Q4 25
$170.4M
$517.1M
Q3 25
$167.8M
$497.5M
Q2 25
$177.6M
$476.3M
Q1 25
$178.7M
$469.0M
Q4 24
$178.9M
$457.9M
Q3 24
$175.7M
$452.2M
Q2 24
$177.9M
$439.2M
Total Assets
AOUT
AOUT
BWB
BWB
Q1 26
$5.3B
Q4 25
$240.9M
$5.4B
Q3 25
$241.9M
$5.4B
Q2 25
$246.4M
$5.3B
Q1 25
$245.9M
$5.1B
Q4 24
$254.1M
$5.1B
Q3 24
$244.8M
$4.7B
Q2 24
$240.6M
$4.7B

Cash Flow & Capital Efficiency

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

Metric
AOUT
AOUT
BWB
BWB
Operating Cash FlowLast quarter
$-13.3M
Free Cash FlowOCF − Capex
$-14.1M
FCF MarginFCF / Revenue
-24.6%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
-6.41×
TTM Free Cash FlowTrailing 4 quarters
$-4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
$-13.3M
$27.8M
Q3 25
$-1.7M
$9.4M
Q2 25
$7.8M
$4.0M
Q1 25
$5.9M
$7.5M
Q4 24
$-7.9M
$46.4M
Q3 24
$-4.4M
$-6.0M
Q2 24
$14.7M
$10.6M
Free Cash Flow
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
$-14.1M
$22.0M
Q3 25
$-2.0M
$7.8M
Q2 25
$7.2M
$2.8M
Q1 25
$4.2M
$6.9M
Q4 24
$-8.0M
$42.3M
Q3 24
$-5.2M
$-6.5M
Q2 24
$14.2M
$10.4M
FCF Margin
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
-24.6%
56.6%
Q3 25
-6.7%
21.5%
Q2 25
11.6%
7.8%
Q1 25
7.2%
21.5%
Q4 24
-13.3%
143.4%
Q3 24
-12.5%
-23.8%
Q2 24
30.6%
38.9%
Capex Intensity
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
1.3%
15.1%
Q3 25
1.0%
4.4%
Q2 25
0.9%
3.2%
Q1 25
2.9%
1.7%
Q4 24
0.1%
13.8%
Q3 24
2.0%
1.7%
Q2 24
1.1%
0.7%
Cash Conversion
AOUT
AOUT
BWB
BWB
Q1 26
Q4 25
-6.41×
2.09×
Q3 25
0.81×
Q2 25
0.35×
Q1 25
34.86×
0.77×
Q4 24
-2.55×
5.65×
Q3 24
-0.69×
Q2 24
1.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AOUT
AOUT

Traditional Channels Net Sales$36.8M64%
E Commerce Channels Net Sales$20.4M36%

BWB
BWB

Net Interest Income$36.6M79%
Noninterest Income$9.6M21%

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