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Side-by-side financial comparison of Arcturus Therapeutics Holdings Inc. (ARCT) and ECB Bancorp, Inc. (ECBK). Click either name above to swap in a different company.

ECB Bancorp, Inc. is the larger business by last-quarter revenue ($9.5M vs $7.2M, roughly 1.3× Arcturus Therapeutics Holdings Inc.). On growth, ECB Bancorp, Inc. posted the faster year-over-year revenue change (33.8% vs -68.4%). ECB Bancorp, Inc. produced more free cash flow last quarter ($9.0M vs $-74.5M). Over the past eight quarters, ECB Bancorp, Inc.'s revenue compounded faster (23.8% CAGR vs -56.5%).

Arcturus Therapeutics Holdings Inc. is an American RNA medicines biotechnology company focused on the discovery, development and commercialization of therapeutics for rare diseases and infectious diseases. Arcturus has developed proprietary lipid nanoparticle RNA therapeutics for nucleic acid medicines including small interfering RNA (siRNA), messenger RNA (mRNA), gene editing RNA, DNA, antisense oligonucleotides, and microRNA.

ECB Bancorp, Inc. (MD) is a US-based bank holding company. It offers a full suite of retail and commercial banking products including deposit accounts, consumer loans, commercial financing and wealth management solutions, primarily serving individuals and small-to-mid enterprises across local markets in Maryland.

ARCT vs ECBK — Head-to-Head

Bigger by revenue
ECBK
ECBK
1.3× larger
ECBK
$9.5M
$7.2M
ARCT
Growing faster (revenue YoY)
ECBK
ECBK
+102.2% gap
ECBK
33.8%
-68.4%
ARCT
More free cash flow
ECBK
ECBK
$83.5M more FCF
ECBK
$9.0M
$-74.5M
ARCT
Faster 2-yr revenue CAGR
ECBK
ECBK
Annualised
ECBK
23.8%
-56.5%
ARCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARCT
ARCT
ECBK
ECBK
Revenue
$7.2M
$9.5M
Net Profit
$2.6M
Gross Margin
Operating Margin
36.7%
Net Margin
27.3%
Revenue YoY
-68.4%
33.8%
Net Profit YoY
3.1%
79.5%
EPS (diluted)
$0.32

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
ARCT
ARCT
ECBK
ECBK
Q4 25
$7.2M
$9.5M
Q3 25
$17.2M
$8.8M
Q2 25
$28.3M
$8.0M
Q1 25
$29.4M
$6.9M
Q4 24
$22.8M
$7.1M
Q3 24
$41.7M
$6.6M
Q2 24
$49.9M
$6.3M
Q1 24
$38.0M
$6.2M
Net Profit
ARCT
ARCT
ECBK
ECBK
Q4 25
$2.6M
Q3 25
$-13.4M
$2.4M
Q2 25
$-9.2M
$1.4M
Q1 25
$-14.1M
$1.3M
Q4 24
$-30.0M
$1.4M
Q3 24
$-6.9M
$1.1M
Q2 24
$-17.2M
$791.0K
Q1 24
$-26.8M
$621.0K
Operating Margin
ARCT
ARCT
ECBK
ECBK
Q4 25
36.7%
Q3 25
-96.3%
37.0%
Q2 25
-41.0%
23.9%
Q1 25
-57.3%
24.9%
Q4 24
-146.7%
27.3%
Q3 24
-25.8%
23.3%
Q2 24
-42.4%
16.9%
Q1 24
-80.0%
13.4%
Net Margin
ARCT
ARCT
ECBK
ECBK
Q4 25
27.3%
Q3 25
-78.4%
27.7%
Q2 25
-32.4%
18.0%
Q1 25
-47.9%
18.7%
Q4 24
-131.8%
20.3%
Q3 24
-16.6%
17.2%
Q2 24
-34.5%
12.6%
Q1 24
-70.5%
10.0%
EPS (diluted)
ARCT
ARCT
ECBK
ECBK
Q4 25
$0.32
Q3 25
$-0.49
$0.29
Q2 25
$-0.34
$0.17
Q1 25
$-0.52
$0.16
Q4 24
$-1.10
$0.18
Q3 24
$-0.26
$0.14
Q2 24
$-0.64
$0.09
Q1 24
$-1.00
$0.07

Balance Sheet & Financial Strength

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

Metric
ARCT
ARCT
ECBK
ECBK
Cash + ST InvestmentsLiquidity on hand
$230.9M
$82.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$214.0M
$171.9M
Total Assets
$271.1M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARCT
ARCT
ECBK
ECBK
Q4 25
$230.9M
$82.8M
Q3 25
$180.4M
$201.9M
Q2 25
$196.5M
$191.0M
Q1 25
$216.9M
$143.7M
Q4 24
$237.0M
$309.4M
Q3 24
$237.2M
$114.8M
Q2 24
$260.3M
$108.7M
Q1 24
$288.4M
$109.8M
Stockholders' Equity
ARCT
ARCT
ECBK
ECBK
Q4 25
$214.0M
$171.9M
Q3 25
$224.6M
$169.3M
Q2 25
$231.1M
$168.3M
Q1 25
$233.8M
$168.6M
Q4 24
$241.0M
$168.3M
Q3 24
$261.9M
$166.0M
Q2 24
$258.6M
$166.5M
Q1 24
$264.0M
$165.8M
Total Assets
ARCT
ARCT
ECBK
ECBK
Q4 25
$271.1M
$1.6B
Q3 25
$282.3M
$1.6B
Q2 25
$309.3M
$1.5B
Q1 25
$331.8M
$1.5B
Q4 24
$344.1M
$1.4B
Q3 24
$370.7M
$1.4B
Q2 24
$388.6M
$1.3B
Q1 24
$418.8M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
ARCT
ARCT
ECBK
ECBK
Operating Cash FlowLast quarter
$-74.3M
$9.2M
Free Cash FlowOCF − Capex
$-74.5M
$9.0M
FCF MarginFCF / Revenue
-1035.2%
94.7%
Capex IntensityCapex / Revenue
3.2%
2.2%
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters
$14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARCT
ARCT
ECBK
ECBK
Q4 25
$-74.3M
$9.2M
Q3 25
$-17.2M
$4.0M
Q2 25
$-5.8M
$1.9M
Q1 25
$-35.1M
$-631.0K
Q4 24
$-284.0K
$6.2M
Q3 24
$-23.8M
$861.0K
Q2 24
$-30.1M
$1.4M
Q1 24
$-5.6M
$-429.0K
Free Cash Flow
ARCT
ARCT
ECBK
ECBK
Q4 25
$-74.5M
$9.0M
Q3 25
$-17.3M
$4.0M
Q2 25
$1.8M
Q1 25
$-35.3M
$-649.0K
Q4 24
$6.2M
Q3 24
$-23.8M
Q2 24
$-30.5M
$1.3M
Q1 24
$-5.8M
$-449.0K
FCF Margin
ARCT
ARCT
ECBK
ECBK
Q4 25
-1035.2%
94.7%
Q3 25
-101.1%
44.9%
Q2 25
23.0%
Q1 25
-120.1%
-9.4%
Q4 24
86.8%
Q3 24
-57.2%
Q2 24
-61.1%
21.4%
Q1 24
-15.3%
-7.2%
Capex Intensity
ARCT
ARCT
ECBK
ECBK
Q4 25
3.2%
2.2%
Q3 25
1.1%
0.8%
Q2 25
0.0%
0.6%
Q1 25
0.5%
0.3%
Q4 24
0.0%
0.8%
Q3 24
0.2%
0.0%
Q2 24
0.7%
0.6%
Q1 24
0.6%
0.3%
Cash Conversion
ARCT
ARCT
ECBK
ECBK
Q4 25
3.55×
Q3 25
1.65×
Q2 25
1.32×
Q1 25
-0.49×
Q4 24
4.31×
Q3 24
0.76×
Q2 24
1.75×
Q1 24
-0.69×

Financial Flow Comparison

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

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