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Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and BIOLIFE SOLUTIONS INC (BLFS). Click either name above to swap in a different company.

BIOLIFE SOLUTIONS INC is the larger business by last-quarter revenue ($18.8M vs $10.3M, roughly 1.8× BayFirst Financial Corp.). BIOLIFE SOLUTIONS INC runs the higher net margin — 58.9% vs -55.0%, a 113.9% gap on every dollar of revenue. Over the past eight quarters, BIOLIFE SOLUTIONS INC's revenue compounded faster (1.0% CAGR vs -29.6%).

The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.

Biolife Solutions Inc. develops, manufactures and distributes specialized biopreservation products and cold chain management solutions for the cell and gene therapy, biopharmaceutical and regenerative medicine industries. It offers cryopreservation media, automated thawing systems, and temperature monitoring tools, serving biotech firms, research institutions and clinical labs globally.

BAFN vs BLFS — Head-to-Head

Bigger by revenue
BLFS
BLFS
1.8× larger
BLFS
$18.8M
$10.3M
BAFN
Higher net margin
BLFS
BLFS
113.9% more per $
BLFS
58.9%
-55.0%
BAFN
Faster 2-yr revenue CAGR
BLFS
BLFS
Annualised
BLFS
1.0%
-29.6%
BAFN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAFN
BAFN
BLFS
BLFS
Revenue
$10.3M
$18.8M
Net Profit
$-5.7M
$11.1M
Gross Margin
Operating Margin
7.2%
Net Margin
-55.0%
58.9%
Revenue YoY
24.3%
Net Profit YoY
-130.6%
-11.1%
EPS (diluted)
$-1.48
$0.23

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
BAFN
BAFN
BLFS
BLFS
Q1 26
$10.3M
Q4 25
$11.2M
$18.8M
Q3 25
$10.2M
$28.1M
Q2 25
$23.1M
$25.4M
Q1 25
$19.8M
$23.9M
Q4 24
$32.9M
$15.1M
Q3 24
$21.7M
$21.4M
Q2 24
$20.8M
$19.7M
Net Profit
BAFN
BAFN
BLFS
BLFS
Q1 26
$-5.7M
Q4 25
$-2.5M
$11.1M
Q3 25
$-18.9M
$621.0K
Q2 25
$-1.2M
$-15.8M
Q1 25
$-335.0K
$-448.0K
Q4 24
$9.8M
$12.5M
Q3 24
$1.1M
$-1.7M
Q2 24
$866.0K
$-20.7M
Operating Margin
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
-25.3%
7.2%
Q3 25
-253.0%
-0.3%
Q2 25
-7.1%
-65.5%
Q1 25
-2.3%
-5.1%
Q4 24
3.6%
Q3 24
7.1%
-2.0%
Q2 24
5.9%
-6.6%
Net Margin
BAFN
BAFN
BLFS
BLFS
Q1 26
-55.0%
Q4 25
-22.1%
58.9%
Q3 25
-184.7%
2.2%
Q2 25
-5.3%
-62.3%
Q1 25
-1.7%
-1.9%
Q4 24
91.8%
82.5%
Q3 24
5.2%
-8.0%
Q2 24
4.2%
-105.1%
EPS (diluted)
BAFN
BAFN
BLFS
BLFS
Q1 26
$-1.48
Q4 25
$-0.71
$0.23
Q3 25
$-4.66
$0.01
Q2 25
$-0.39
$-0.33
Q1 25
$-0.17
$-0.01
Q4 24
$2.21
$0.27
Q3 24
$0.18
$-0.04
Q2 24
$0.12
$-0.45

Balance Sheet & Financial Strength

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

Metric
BAFN
BAFN
BLFS
BLFS
Cash + ST InvestmentsLiquidity on hand
$134.5M
$33.0M
Total DebtLower is stronger
$5.0M
Stockholders' EquityBook value
$81.9M
$371.9M
Total Assets
$1.2B
$405.9M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAFN
BAFN
BLFS
BLFS
Q1 26
$134.5M
Q4 25
$207.0M
$33.0M
Q3 25
$118.5M
$29.5M
Q2 25
$77.3M
$31.9M
Q1 25
$63.2M
$66.9M
Q4 24
$77.8M
$91.5M
Q3 24
$64.4M
$24.0M
Q2 24
$60.8M
$22.0M
Total Debt
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
$5.0M
Q3 25
$7.5M
Q2 25
$10.1M
Q1 25
$12.9M
Q4 24
$15.9M
Q3 24
$20.1M
Q2 24
$21.1M
Stockholders' Equity
BAFN
BAFN
BLFS
BLFS
Q1 26
$81.9M
Q4 25
$87.6M
$371.9M
Q3 25
$89.7M
$353.7M
Q2 25
$108.2M
$347.2M
Q1 25
$110.1M
$352.6M
Q4 24
$110.9M
$348.9M
Q3 24
$102.3M
$325.5M
Q2 24
$101.0M
$321.4M
Total Assets
BAFN
BAFN
BLFS
BLFS
Q1 26
$1.2B
Q4 25
$1.3B
$405.9M
Q3 25
$1.3B
$392.1M
Q2 25
$1.3B
$387.2M
Q1 25
$1.3B
$395.1M
Q4 24
$1.3B
$399.5M
Q3 24
$1.2B
$381.7M
Q2 24
$1.2B
$375.0M
Debt / Equity
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.04×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
BAFN
BAFN
BLFS
BLFS
Operating Cash FlowLast quarter
$4.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
$285.3M
$4.9M
Q3 25
$47.3M
$6.1M
Q2 25
$63.3M
$7.4M
Q1 25
$74.2M
$1.7M
Q4 24
$390.5M
$1.6M
Q3 24
$90.8M
$4.8M
Q2 24
$78.8M
$6.5M
Free Cash Flow
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
$285.0M
Q3 25
$47.3M
Q2 25
$63.1M
Q1 25
$74.1M
Q4 24
$388.8M
Q3 24
$90.5M
Q2 24
$78.4M
FCF Margin
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
2554.2%
Q3 25
462.2%
Q2 25
272.7%
Q1 25
375.1%
Q4 24
1180.9%
Q3 24
416.5%
Q2 24
376.1%
Capex Intensity
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
2.7%
Q3 25
0.1%
Q2 25
0.8%
Q1 25
0.4%
Q4 24
5.1%
Q3 24
1.5%
Q2 24
1.9%
Cash Conversion
BAFN
BAFN
BLFS
BLFS
Q1 26
Q4 25
0.44×
Q3 25
9.83×
Q2 25
Q1 25
Q4 24
39.95×
0.13×
Q3 24
79.85×
Q2 24
90.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BAFN
BAFN

Net Interest Income$9.4M91%
Noninterest Income$884.0K9%

BLFS
BLFS

Segment breakdown not available.

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