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Side-by-side financial comparison of Atlanticus Holdings Corp (ATLCP) and BELDEN INC. (BDC). Click either name above to swap in a different company.

Atlanticus Holdings Corp is the larger business by last-quarter revenue ($734.4M vs $696.4M, roughly 1.1× BELDEN INC.). BELDEN INC. runs the higher net margin — 7.3% vs 4.7%, a 2.6% gap on every dollar of revenue. On growth, Atlanticus Holdings Corp posted the faster year-over-year revenue change (107.8% vs 11.4%). Over the past eight quarters, Atlanticus Holdings Corp's revenue compounded faster (58.9% CAGR vs 7.3%).

Atlanticus Holdings Corp is a U.S.-based financial technology and consumer finance company that provides accessible credit solutions including point-of-sale financing, personal loans, and credit alternatives, primarily serving non-prime and underserved consumer segments across the U.S. It partners with retail merchants and financial institutions to deliver flexible, responsible credit products tailored to borrowers with limited or damaged credit histories.

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

ATLCP vs BDC — Head-to-Head

Bigger by revenue
ATLCP
ATLCP
1.1× larger
ATLCP
$734.4M
$696.4M
BDC
Growing faster (revenue YoY)
ATLCP
ATLCP
+96.3% gap
ATLCP
107.8%
11.4%
BDC
Higher net margin
BDC
BDC
2.6% more per $
BDC
7.3%
4.7%
ATLCP
Faster 2-yr revenue CAGR
ATLCP
ATLCP
Annualised
ATLCP
58.9%
7.3%
BDC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ATLCP
ATLCP
BDC
BDC
Revenue
$734.4M
$696.4M
Net Profit
$34.6M
$51.0M
Gross Margin
92.4%
37.1%
Operating Margin
6.3%
11.2%
Net Margin
4.7%
7.3%
Revenue YoY
107.8%
11.4%
Net Profit YoY
11.7%
-1.8%
EPS (diluted)
$1.75
$1.30

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
ATLCP
ATLCP
BDC
BDC
Q1 26
$696.4M
Q4 25
$734.4M
$720.1M
Q3 25
$494.7M
$698.2M
Q2 25
$394.2M
$672.0M
Q1 25
$345.2M
$624.9M
Q4 24
$353.5M
$666.0M
Q3 24
$351.2M
$654.9M
Q2 24
$316.0M
$604.3M
Net Profit
ATLCP
ATLCP
BDC
BDC
Q1 26
$51.0M
Q4 25
$34.6M
$67.9M
Q3 25
$25.0M
$56.7M
Q2 25
$30.6M
$61.0M
Q1 25
$31.5M
$51.9M
Q4 24
$31.0M
$58.4M
Q3 24
$29.5M
$53.7M
Q2 24
$24.3M
$49.0M
Gross Margin
ATLCP
ATLCP
BDC
BDC
Q1 26
37.1%
Q4 25
92.4%
36.6%
Q3 25
92.1%
37.7%
Q2 25
91.4%
38.5%
Q1 25
90.7%
39.3%
Q4 24
89.9%
37.5%
Q3 24
92.0%
37.3%
Q2 24
91.2%
37.5%
Operating Margin
ATLCP
ATLCP
BDC
BDC
Q1 26
11.2%
Q4 25
6.3%
12.2%
Q3 25
6.6%
10.9%
Q2 25
10.2%
11.8%
Q1 25
11.8%
11.6%
Q4 24
11.3%
10.4%
Q3 24
10.6%
11.5%
Q2 24
9.1%
11.4%
Net Margin
ATLCP
ATLCP
BDC
BDC
Q1 26
7.3%
Q4 25
4.7%
9.4%
Q3 25
5.0%
8.1%
Q2 25
7.8%
9.1%
Q1 25
9.1%
8.3%
Q4 24
8.8%
8.8%
Q3 24
8.4%
8.2%
Q2 24
7.7%
8.1%
EPS (diluted)
ATLCP
ATLCP
BDC
BDC
Q1 26
$1.30
Q4 25
$1.75
$1.70
Q3 25
$1.21
$1.41
Q2 25
$1.51
$1.53
Q1 25
$1.49
$1.27
Q4 24
$1.42
$1.41
Q3 24
$1.27
$1.30
Q2 24
$0.99
$1.19

Balance Sheet & Financial Strength

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

Metric
ATLCP
ATLCP
BDC
BDC
Cash + ST InvestmentsLiquidity on hand
$621.1M
$272.2M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$608.7M
$1.3B
Total Assets
$7.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATLCP
ATLCP
BDC
BDC
Q1 26
$272.2M
Q4 25
$621.1M
$389.9M
Q3 25
$425.0M
$314.3M
Q2 25
$329.4M
$301.5M
Q1 25
$350.4M
$259.0M
Q4 24
$375.4M
$370.3M
Q3 24
$308.7M
$323.0M
Q2 24
$350.9M
$564.8M
Total Debt
ATLCP
ATLCP
BDC
BDC
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ATLCP
ATLCP
BDC
BDC
Q1 26
$1.3B
Q4 25
$608.7M
$1.3B
Q3 25
$589.3M
$1.2B
Q2 25
$563.3M
$1.2B
Q1 25
$532.7M
$1.2B
Q4 24
$492.9M
$1.3B
Q3 24
$457.7M
$1.2B
Q2 24
$433.8M
$1.2B
Total Assets
ATLCP
ATLCP
BDC
BDC
Q1 26
Q4 25
$7.6B
$3.5B
Q3 25
$7.1B
$3.4B
Q2 25
$3.6B
$3.4B
Q1 25
$3.3B
$3.3B
Q4 24
$3.3B
$3.3B
Q3 24
$3.0B
$3.3B
Q2 24
$2.8B
$3.5B
Debt / Equity
ATLCP
ATLCP
BDC
BDC
Q1 26
0.98×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ATLCP
ATLCP
BDC
BDC
Operating Cash FlowLast quarter
$266.3M
Free Cash FlowOCF − Capex
$-63.1M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
7.69×
TTM Free Cash FlowTrailing 4 quarters
$180.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATLCP
ATLCP
BDC
BDC
Q1 26
Q4 25
$266.3M
$160.4M
Q3 25
$107.5M
$105.0M
Q2 25
$132.7M
$82.0M
Q1 25
$131.6M
$7.4M
Q4 24
$122.6M
$174.7M
Q3 24
$112.4M
$91.7M
Q2 24
$115.6M
$83.0M
Free Cash Flow
ATLCP
ATLCP
BDC
BDC
Q1 26
$-63.1M
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
FCF Margin
ATLCP
ATLCP
BDC
BDC
Q1 26
-9.1%
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Capex Intensity
ATLCP
ATLCP
BDC
BDC
Q1 26
6.4%
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Cash Conversion
ATLCP
ATLCP
BDC
BDC
Q1 26
Q4 25
7.69×
2.36×
Q3 25
4.30×
1.85×
Q2 25
4.34×
1.34×
Q1 25
4.17×
0.14×
Q4 24
3.96×
2.99×
Q3 24
3.80×
1.71×
Q2 24
4.76×
1.69×

Financial Flow Comparison

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

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