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Side-by-side financial comparison of ARROW FINANCIAL CORP (AROW) and DELCATH SYSTEMS, INC. (DCTH). Click either name above to swap in a different company.

ARROW FINANCIAL CORP is the larger business by last-quarter revenue ($35.0M vs $20.7M, roughly 1.7× DELCATH SYSTEMS, INC.). ARROW FINANCIAL CORP runs the higher net margin — 24.6% vs -9.1%, a 33.7% gap on every dollar of revenue. On growth, DELCATH SYSTEMS, INC. posted the faster year-over-year revenue change (37.3% vs 7.1%). DELCATH SYSTEMS, INC. produced more free cash flow last quarter ($7.7M vs $7.5M). Over the past eight quarters, DELCATH SYSTEMS, INC.'s revenue compounded faster (157.0% CAGR vs 6.4%).

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

Delcath Systems, Inc. is a publicly traded specialty pharmaceutical and medical device company, that develops percutaneous perfusion technologies for the targeted administration of high-dose chemotherapeutic agents to specific organs or regions of the body. Based in Queensbury, New York, the company has an intellectual property portfolio consisting of 28 patents worldwide. Delcath's Percutaneous Hepatic Perfusion (PHP) is currently undergoing Phase II and Phase III trials against tumors in th...

AROW vs DCTH — Head-to-Head

Bigger by revenue
AROW
AROW
1.7× larger
AROW
$35.0M
$20.7M
DCTH
Growing faster (revenue YoY)
DCTH
DCTH
+30.1% gap
DCTH
37.3%
7.1%
AROW
Higher net margin
AROW
AROW
33.7% more per $
AROW
24.6%
-9.1%
DCTH
More free cash flow
DCTH
DCTH
$183.0K more FCF
DCTH
$7.7M
$7.5M
AROW
Faster 2-yr revenue CAGR
DCTH
DCTH
Annualised
DCTH
157.0%
6.4%
AROW

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
AROW
AROW
DCTH
DCTH
Revenue
$35.0M
$20.7M
Net Profit
$8.6M
$-1.9M
Gross Margin
85.5%
Operating Margin
-10.5%
Net Margin
24.6%
-9.1%
Revenue YoY
7.1%
37.3%
Net Profit YoY
42.3%
44.2%
EPS (diluted)
$0.52
$-0.05

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
AROW
AROW
DCTH
DCTH
Q4 25
$20.7M
Q3 25
$20.6M
Q2 25
$24.2M
Q1 25
$19.8M
Q4 24
$15.1M
Q3 24
$11.2M
Q2 24
$35.0M
$7.8M
Q1 24
$34.3M
$3.1M
Net Profit
AROW
AROW
DCTH
DCTH
Q4 25
$-1.9M
Q3 25
$830.0K
Q2 25
$2.7M
Q1 25
$1.1M
Q4 24
$-3.4M
Q3 24
$1.9M
Q2 24
$8.6M
$-13.7M
Q1 24
$7.7M
$-11.1M
Gross Margin
AROW
AROW
DCTH
DCTH
Q4 25
85.5%
Q3 25
87.2%
Q2 25
86.3%
Q1 25
85.6%
Q4 24
85.9%
Q3 24
85.4%
Q2 24
80.4%
Q1 24
71.2%
Operating Margin
AROW
AROW
DCTH
DCTH
Q4 25
-10.5%
Q3 25
-1.9%
Q2 25
10.7%
Q1 25
3.2%
Q4 24
20.1%
Q3 24
-11.2%
Q2 24
-50.4%
Q1 24
-327.4%
Net Margin
AROW
AROW
DCTH
DCTH
Q4 25
-9.1%
Q3 25
4.0%
Q2 25
11.2%
Q1 25
5.4%
Q4 24
-22.5%
Q3 24
16.6%
Q2 24
24.6%
-176.9%
Q1 24
22.3%
-354.0%
EPS (diluted)
AROW
AROW
DCTH
DCTH
Q4 25
$-0.05
Q3 25
$0.02
Q2 25
$0.07
Q1 25
$0.03
Q4 24
$-0.06
Q3 24
$0.06
Q2 24
$0.52
$-0.48
Q1 24
$0.45
$-0.45

Balance Sheet & Financial Strength

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

Metric
AROW
AROW
DCTH
DCTH
Cash + ST InvestmentsLiquidity on hand
$43.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$383.0M
$111.2M
Total Assets
$4.2B
$123.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AROW
AROW
DCTH
DCTH
Q4 25
$43.5M
Q3 25
$41.8M
Q2 25
$34.4M
Q1 25
$12.8M
Q4 24
$32.4M
Q3 24
$8.3M
Q2 24
$14.8M
Q1 24
$11.8M
Total Debt
AROW
AROW
DCTH
DCTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$2.0M
Q2 24
$4.5M
Q1 24
$7.4M
Stockholders' Equity
AROW
AROW
DCTH
DCTH
Q4 25
$111.2M
Q3 25
$114.8M
Q2 25
$105.0M
Q1 25
$80.2M
Q4 24
$68.7M
Q3 24
$8.6M
Q2 24
$383.0M
$4.2M
Q1 24
$378.0M
$14.6M
Total Assets
AROW
AROW
DCTH
DCTH
Q4 25
$123.6M
Q3 25
$124.3M
Q2 25
$116.9M
Q1 25
$87.3M
Q4 24
$76.6M
Q3 24
$31.7M
Q2 24
$4.2B
$33.9M
Q1 24
$4.3B
$36.1M
Debt / Equity
AROW
AROW
DCTH
DCTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.23×
Q2 24
1.07×
Q1 24
0.50×

Cash Flow & Capital Efficiency

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

Metric
AROW
AROW
DCTH
DCTH
Operating Cash FlowLast quarter
$9.1M
$8.2M
Free Cash FlowOCF − Capex
$7.5M
$7.7M
FCF MarginFCF / Revenue
21.5%
37.1%
Capex IntensityCapex / Revenue
4.5%
2.7%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$9.6M
$21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AROW
AROW
DCTH
DCTH
Q4 25
$8.2M
Q3 25
$4.8M
Q2 25
$7.3M
Q1 25
$2.2M
Q4 24
$-1.0M
Q3 24
$-3.6M
Q2 24
$9.1M
$-4.5M
Q1 24
$10.3M
$-9.6M
Free Cash Flow
AROW
AROW
DCTH
DCTH
Q4 25
$7.7M
Q3 25
$4.3M
Q2 25
$6.9M
Q1 25
$2.1M
Q4 24
$-1.2M
Q3 24
$-3.9M
Q2 24
$7.5M
$-4.6M
Q1 24
$9.2M
$-9.6M
FCF Margin
AROW
AROW
DCTH
DCTH
Q4 25
37.1%
Q3 25
21.0%
Q2 25
28.5%
Q1 25
10.4%
Q4 24
-8.2%
Q3 24
-34.4%
Q2 24
21.5%
-58.6%
Q1 24
26.8%
-305.7%
Capex Intensity
AROW
AROW
DCTH
DCTH
Q4 25
2.7%
Q3 25
2.2%
Q2 25
1.6%
Q1 25
0.7%
Q4 24
1.5%
Q3 24
1.9%
Q2 24
4.5%
1.3%
Q1 24
3.4%
0.4%
Cash Conversion
AROW
AROW
DCTH
DCTH
Q4 25
Q3 25
5.75×
Q2 25
2.70×
Q1 25
2.06×
Q4 24
Q3 24
-1.95×
Q2 24
1.06×
Q1 24
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AROW
AROW

Segment breakdown not available.

DCTH
DCTH

HEPZATOKIT$19.1M92%
CHEMOSAT$1.7M8%

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