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Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and CEA Industries Inc. (BNC). Click either name above to swap in a different company.
BayFirst Financial Corp. is the larger business by last-quarter revenue ($10.3M vs $7.1M, roughly 1.4× CEA Industries Inc.). CEA Industries Inc. runs the higher net margin — 3970.6% vs -55.0%, a 4025.6% gap on every dollar of revenue. Over the past eight quarters, CEA Industries Inc.'s revenue compounded faster (18.8% 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.
CEA Technologies is an Australian government business enterprise that primarily supplies the Royal Australian Navy. The company was established in 1983. Its phase array radars, which are fitted to the Royal Australian Navy's fleet of warships, are regarded by Australians as the best in the world.
BAFN vs BNC — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $10.3M | $7.1M |
| Net Profit | $-5.7M | $283.6M |
| Gross Margin | — | 29.3% |
| Operating Margin | — | — |
| Net Margin | -55.0% | 3970.6% |
| Revenue YoY | — | 1727.8% |
| Net Profit YoY | -130.6% | 38409.2% |
| EPS (diluted) | $-1.48 | $5.36 |
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 | $10.3M | — | ||
| Q4 25 | $11.2M | $7.1M | ||
| Q3 25 | $10.2M | $4.6M | ||
| Q2 25 | $23.1M | — | ||
| Q1 25 | $19.8M | — | ||
| Q4 24 | $32.9M | — | ||
| Q3 24 | $21.7M | — | ||
| Q2 24 | $20.8M | $1.8M |
| Q1 26 | $-5.7M | — | ||
| Q4 25 | $-2.5M | $283.6M | ||
| Q3 25 | $-18.9M | $-5.8M | ||
| Q2 25 | $-1.2M | — | ||
| Q1 25 | $-335.0K | — | ||
| Q4 24 | $9.8M | — | ||
| Q3 24 | $1.1M | — | ||
| Q2 24 | $866.0K | $-470.3K |
| Q1 26 | — | — | ||
| Q4 25 | — | 29.3% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 10.2% |
| Q1 26 | — | — | ||
| Q4 25 | -25.3% | — | ||
| Q3 25 | -253.0% | -123.2% | ||
| Q2 25 | -7.1% | — | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 5.9% | -27.1% |
| Q1 26 | -55.0% | — | ||
| Q4 25 | -22.1% | 3970.6% | ||
| Q3 25 | -184.7% | -127.7% | ||
| Q2 25 | -5.3% | — | ||
| Q1 25 | -1.7% | — | ||
| Q4 24 | 91.8% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 4.2% | -26.7% |
| Q1 26 | $-1.48 | — | ||
| Q4 25 | $-0.71 | $5.36 | ||
| Q3 25 | $-4.66 | $-6.94 | ||
| Q2 25 | $-0.39 | — | ||
| Q1 25 | $-0.17 | — | ||
| Q4 24 | $2.21 | — | ||
| Q3 24 | $0.18 | — | ||
| Q2 24 | $0.12 | $-0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $134.5M | $32.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $81.9M | $484.9M |
| Total Assets | $1.2B | $616.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $134.5M | — | ||
| Q4 25 | $207.0M | $32.5M | ||
| Q3 25 | $118.5M | $3.0M | ||
| Q2 25 | $77.3M | — | ||
| Q1 25 | $63.2M | — | ||
| Q4 24 | $77.8M | — | ||
| Q3 24 | $64.4M | — | ||
| Q2 24 | $60.8M | $11.3M |
| Q1 26 | $81.9M | — | ||
| Q4 25 | $87.6M | $484.9M | ||
| Q3 25 | $89.7M | $6.9M | ||
| Q2 25 | $108.2M | — | ||
| Q1 25 | $110.1M | — | ||
| Q4 24 | $110.9M | — | ||
| Q3 24 | $102.3M | — | ||
| Q2 24 | $101.0M | $10.9M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $616.5M | ||
| Q3 25 | $1.3B | $19.1M | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | $12.6M |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAFN
| Net Interest Income | $9.4M | 91% |
| Noninterest Income | $884.0K | 9% |
BNC
Segment breakdown not available.
