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

Lake Shore Bancorp, Inc. is the larger business by last-quarter revenue ($7.4M vs $7.2M, roughly 1.0× Arcturus Therapeutics Holdings Inc.). Lake Shore Bancorp, Inc. produced more free cash flow last quarter ($3.3M vs $-74.5M).

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.

Lake Shore Bancorp, Inc. (Maryland) is a U.S. regional bank holding company that operates via its banking subsidiary, offering retail and commercial banking services including deposits, loans, mortgages and wealth management, primarily serving individuals and SMEs across local communities in Maryland.

ARCT vs LSBK — Head-to-Head

Bigger by revenue
LSBK
LSBK
1.0× larger
LSBK
$7.4M
$7.2M
ARCT
More free cash flow
LSBK
LSBK
$77.8M more FCF
LSBK
$3.3M
$-74.5M
ARCT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ARCT
ARCT
LSBK
LSBK
Revenue
$7.2M
$7.4M
Net Profit
$2.4M
Gross Margin
Operating Margin
38.4%
Net Margin
31.8%
Revenue YoY
-68.4%
Net Profit YoY
3.1%
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
LSBK
LSBK
Q4 25
$7.2M
Q3 25
$17.2M
$7.4M
Q2 25
$28.3M
$6.9M
Q1 25
$29.4M
Q4 24
$22.8M
Q3 24
$41.7M
Q2 24
$49.9M
Q1 24
$38.0M
Net Profit
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
$-13.4M
$2.4M
Q2 25
$-9.2M
$1.9M
Q1 25
$-14.1M
Q4 24
$-30.0M
Q3 24
$-6.9M
Q2 24
$-17.2M
Q1 24
$-26.8M
Operating Margin
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
-96.3%
38.4%
Q2 25
-41.0%
33.2%
Q1 25
-57.3%
Q4 24
-146.7%
Q3 24
-25.8%
Q2 24
-42.4%
Q1 24
-80.0%
Net Margin
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
-78.4%
31.8%
Q2 25
-32.4%
27.7%
Q1 25
-47.9%
Q4 24
-131.8%
Q3 24
-16.6%
Q2 24
-34.5%
Q1 24
-70.5%
EPS (diluted)
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
$-0.49
$0.32
Q2 25
$-0.34
$0.34
Q1 25
$-0.52
Q4 24
$-1.10
Q3 24
$-0.26
Q2 24
$-0.64
Q1 24
$-1.00

Balance Sheet & Financial Strength

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

Metric
ARCT
ARCT
LSBK
LSBK
Cash + ST InvestmentsLiquidity on hand
$230.9M
$83.6M
Total DebtLower is stronger
$2.0M
Stockholders' EquityBook value
$214.0M
$139.3M
Total Assets
$271.1M
$742.8M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARCT
ARCT
LSBK
LSBK
Q4 25
$230.9M
Q3 25
$180.4M
$83.6M
Q2 25
$196.5M
$75.4M
Q1 25
$216.9M
Q4 24
$237.0M
Q3 24
$237.2M
Q2 24
$260.3M
Q1 24
$288.4M
Total Debt
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
$2.0M
Q2 25
$2.0M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ARCT
ARCT
LSBK
LSBK
Q4 25
$214.0M
Q3 25
$224.6M
$139.3M
Q2 25
$231.1M
$92.9M
Q1 25
$233.8M
Q4 24
$241.0M
Q3 24
$261.9M
Q2 24
$258.6M
Q1 24
$264.0M
Total Assets
ARCT
ARCT
LSBK
LSBK
Q4 25
$271.1M
Q3 25
$282.3M
$742.8M
Q2 25
$309.3M
$734.8M
Q1 25
$331.8M
Q4 24
$344.1M
Q3 24
$370.7M
Q2 24
$388.6M
Q1 24
$418.8M
Debt / Equity
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
0.01×
Q2 25
0.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
LSBK
LSBK
Operating Cash FlowLast quarter
$-74.3M
$3.3M
Free Cash FlowOCF − Capex
$-74.5M
$3.3M
FCF MarginFCF / Revenue
-1035.2%
44.4%
Capex IntensityCapex / Revenue
3.2%
0.6%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARCT
ARCT
LSBK
LSBK
Q4 25
$-74.3M
Q3 25
$-17.2M
$3.3M
Q2 25
$-5.8M
$2.5M
Q1 25
$-35.1M
Q4 24
$-284.0K
Q3 24
$-23.8M
Q2 24
$-30.1M
Q1 24
$-5.6M
Free Cash Flow
ARCT
ARCT
LSBK
LSBK
Q4 25
$-74.5M
Q3 25
$-17.3M
$3.3M
Q2 25
$2.0M
Q1 25
$-35.3M
Q4 24
Q3 24
$-23.8M
Q2 24
$-30.5M
Q1 24
$-5.8M
FCF Margin
ARCT
ARCT
LSBK
LSBK
Q4 25
-1035.2%
Q3 25
-101.1%
44.4%
Q2 25
28.5%
Q1 25
-120.1%
Q4 24
Q3 24
-57.2%
Q2 24
-61.1%
Q1 24
-15.3%
Capex Intensity
ARCT
ARCT
LSBK
LSBK
Q4 25
3.2%
Q3 25
1.1%
0.6%
Q2 25
0.0%
7.7%
Q1 25
0.5%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.7%
Q1 24
0.6%
Cash Conversion
ARCT
ARCT
LSBK
LSBK
Q4 25
Q3 25
1.42×
Q2 25
1.31×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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