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Side-by-side financial comparison of AMERICAN STATES WATER CO (AWR) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
AMERICAN STATES WATER CO is the larger business by last-quarter revenue ($164.3M vs $83.1M, roughly 2.0× PROCEPT BioRobotics Corp). AMERICAN STATES WATER CO runs the higher net margin — 17.5% vs -38.1%, a 55.6% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 14.8%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 10.2%).
American Water is an American public utility company that, through its subsidiaries, provides water and wastewater services in the United States.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
AWR vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $164.3M | $83.1M |
| Net Profit | $28.7M | $-31.6M |
| Gross Margin | 88.9% | 64.9% |
| Operating Margin | 27.4% | -4.1% |
| Net Margin | 17.5% | -38.1% |
| Revenue YoY | 14.8% | 20.2% |
| Net Profit YoY | 1.1% | -27.9% |
| EPS (diluted) | $0.74 | $-0.56 |
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.
| Q1 26 | — | $83.1M | ||
| Q4 25 | $164.3M | $76.4M | ||
| Q3 25 | $182.7M | $83.3M | ||
| Q2 25 | $163.1M | $79.2M | ||
| Q1 25 | $148.0M | $69.2M | ||
| Q4 24 | $143.1M | $68.2M | ||
| Q3 24 | $161.8M | $58.4M | ||
| Q2 24 | $155.3M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $28.7M | $-29.8M | ||
| Q3 25 | $41.2M | $-21.4M | ||
| Q2 25 | $33.7M | $-19.6M | ||
| Q1 25 | $26.8M | $-24.7M | ||
| Q4 24 | $28.4M | $-18.9M | ||
| Q3 24 | $35.8M | $-21.0M | ||
| Q2 24 | $31.9M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | 88.9% | 60.6% | ||
| Q3 25 | 91.0% | 64.8% | ||
| Q2 25 | 92.1% | 65.4% | ||
| Q1 25 | 91.3% | 63.9% | ||
| Q4 24 | 92.4% | 64.0% | ||
| Q3 24 | 92.7% | 63.2% | ||
| Q2 24 | 89.6% | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 27.4% | -40.6% | ||
| Q3 25 | 33.8% | -27.8% | ||
| Q2 25 | 31.3% | -28.0% | ||
| Q1 25 | 30.8% | -39.7% | ||
| Q4 24 | 27.0% | -28.9% | ||
| Q3 24 | 34.0% | -38.4% | ||
| Q2 24 | 33.3% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 17.5% | -39.1% | ||
| Q3 25 | 22.5% | -25.7% | ||
| Q2 25 | 20.7% | -24.7% | ||
| Q1 25 | 18.1% | -35.8% | ||
| Q4 24 | 19.9% | -27.6% | ||
| Q3 24 | 22.1% | -35.9% | ||
| Q2 24 | 20.5% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.74 | $-0.54 | ||
| Q3 25 | $1.06 | $-0.38 | ||
| Q2 25 | $0.87 | $-0.35 | ||
| Q1 25 | $0.70 | $-0.45 | ||
| Q4 24 | $0.75 | $-0.34 | ||
| Q3 24 | $0.95 | $-0.40 | ||
| Q2 24 | $0.85 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.8M | $245.6M |
| Total DebtLower is stronger | $782.7M | $51.7M |
| Stockholders' EquityBook value | $1.0B | $347.7M |
| Total Assets | $2.7B | $487.1M |
| Debt / EquityLower = less leverage | 0.75× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $18.8M | $286.5M | ||
| Q3 25 | $26.1M | $294.3M | ||
| Q2 25 | $20.2M | $302.7M | ||
| Q1 25 | $21.2M | $316.2M | ||
| Q4 24 | $26.7M | $333.7M | ||
| Q3 24 | $16.5M | $196.8M | ||
| Q2 24 | $3.6M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $782.7M | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | $640.4M | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $1.0B | $365.9M | ||
| Q3 25 | $1.0B | $380.3M | ||
| Q2 25 | $972.5M | $385.8M | ||
| Q1 25 | $956.4M | $389.2M | ||
| Q4 24 | $920.1M | $402.2M | ||
| Q3 24 | $879.5M | $241.2M | ||
| Q2 24 | $833.5M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $2.7B | $508.1M | ||
| Q3 25 | $2.7B | $511.5M | ||
| Q2 25 | $2.6B | $513.1M | ||
| Q1 25 | $2.5B | $519.4M | ||
| Q4 24 | $2.5B | $534.0M | ||
| Q3 24 | $2.4B | $374.1M | ||
| Q2 24 | $2.3B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.75× | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | 0.70× | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | — |
| Free Cash FlowOCF − Capex | $-36.0M | — |
| FCF MarginFCF / Revenue | -21.9% | — |
| Capex IntensityCapex / Revenue | 38.8% | — |
| Cash ConversionOCF / Net Profit | 0.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-7.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $-10.3M | ||
| Q3 25 | $92.4M | $-6.6M | ||
| Q2 25 | $64.6M | $-15.0M | ||
| Q1 25 | $45.1M | $-17.0M | ||
| Q4 24 | $64.5M | $-32.4M | ||
| Q3 24 | $63.7M | $-18.8M | ||
| Q2 24 | $24.7M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | $-12.2M | ||
| Q3 25 | $37.7M | $-9.5M | ||
| Q2 25 | $13.7M | $-17.8M | ||
| Q1 25 | $-22.5M | $-18.8M | ||
| Q4 24 | $6.0M | $-33.6M | ||
| Q3 24 | $-478.0K | $-19.0M | ||
| Q2 24 | $-37.0M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | -21.9% | -15.9% | ||
| Q3 25 | 20.7% | -11.4% | ||
| Q2 25 | 8.4% | -22.5% | ||
| Q1 25 | -15.2% | -27.2% | ||
| Q4 24 | 4.2% | -49.2% | ||
| Q3 24 | -0.3% | -32.6% | ||
| Q2 24 | -23.8% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | 2.4% | ||
| Q3 25 | 29.9% | 3.4% | ||
| Q2 25 | 31.2% | 3.5% | ||
| Q1 25 | 45.6% | 2.7% | ||
| Q4 24 | 40.9% | 1.7% | ||
| Q3 24 | 39.7% | 0.4% | ||
| Q2 24 | 39.8% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 2.24× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 2.27× | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 0.78× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AWR
| Water Service Utility Operations | $110.0M | 67% |
| Public Utilities Inventory Water | $22.3M | 14% |
| Wastewater | $15.9M | 10% |
| Electric Service Utility Operations | $15.2M | 9% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
