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Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and CAPRICOR THERAPEUTICS, INC. (CAPR). Click either name above to swap in a different company.

CAPRICOR THERAPEUTICS, INC. is the larger business by last-quarter revenue ($11.1M vs $10.3M, roughly 1.1× BayFirst Financial Corp.). BayFirst Financial Corp. runs the higher net margin — -55.0% vs -63.9%, a 9.0% gap on every dollar of revenue. Over the past eight quarters, CAPRICOR THERAPEUTICS, INC.'s revenue compounded faster (93.0% 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.

Capricor Therapeutics is a clinical-stage biotechnology company focused on discovering, developing and commercializing innovative biological therapies including cell and gene therapies for rare diseases, cardiovascular disorders and muscular conditions. It primarily operates in the U.S. market, addressing unmet medical needs for patient groups with limited treatment options.

BAFN vs CAPR — Head-to-Head

Bigger by revenue
CAPR
CAPR
1.1× larger
CAPR
$11.1M
$10.3M
BAFN
Higher net margin
BAFN
BAFN
9.0% more per $
BAFN
-55.0%
-63.9%
CAPR
Faster 2-yr revenue CAGR
CAPR
CAPR
Annualised
CAPR
93.0%
-29.6%
BAFN

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
BAFN
BAFN
CAPR
CAPR
Revenue
$10.3M
$11.1M
Net Profit
$-5.7M
$-7.1M
Gross Margin
Operating Margin
-69.1%
Net Margin
-55.0%
-63.9%
Revenue YoY
-7.9%
Net Profit YoY
-130.6%
-833.8%
EPS (diluted)
$-1.48
$-0.11

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
CAPR
CAPR
Q1 26
$10.3M
Q4 25
$11.2M
Q3 25
$10.2M
Q2 25
$23.1M
Q1 25
$19.8M
Q4 24
$32.9M
$11.1M
Q3 24
$21.7M
$2.3M
Q2 24
$20.8M
$4.0M
Net Profit
BAFN
BAFN
CAPR
CAPR
Q1 26
$-5.7M
Q4 25
$-2.5M
Q3 25
$-18.9M
Q2 25
$-1.2M
Q1 25
$-335.0K
Q4 24
$9.8M
$-7.1M
Q3 24
$1.1M
$-12.6M
Q2 24
$866.0K
$-11.0M
Operating Margin
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
-25.3%
Q3 25
-253.0%
Q2 25
-7.1%
Q1 25
-2.3%
Q4 24
-69.1%
Q3 24
7.1%
-575.2%
Q2 24
5.9%
-291.9%
Net Margin
BAFN
BAFN
CAPR
CAPR
Q1 26
-55.0%
Q4 25
-22.1%
Q3 25
-184.7%
Q2 25
-5.3%
Q1 25
-1.7%
Q4 24
91.8%
-63.9%
Q3 24
5.2%
-555.2%
Q2 24
4.2%
-277.0%
EPS (diluted)
BAFN
BAFN
CAPR
CAPR
Q1 26
$-1.48
Q4 25
$-0.71
Q3 25
$-4.66
Q2 25
$-0.39
Q1 25
$-0.17
Q4 24
$2.21
$-0.11
Q3 24
$0.18
$-0.38
Q2 24
$0.12
$-0.35

Balance Sheet & Financial Strength

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

Metric
BAFN
BAFN
CAPR
CAPR
Cash + ST InvestmentsLiquidity on hand
$134.5M
$151.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$81.9M
$145.5M
Total Assets
$1.2B
$170.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAFN
BAFN
CAPR
CAPR
Q1 26
$134.5M
Q4 25
$207.0M
Q3 25
$118.5M
Q2 25
$77.3M
Q1 25
$63.2M
Q4 24
$77.8M
$151.5M
Q3 24
$64.4M
$85.0M
Q2 24
$60.8M
$29.5M
Stockholders' Equity
BAFN
BAFN
CAPR
CAPR
Q1 26
$81.9M
Q4 25
$87.6M
Q3 25
$89.7M
Q2 25
$108.2M
Q1 25
$110.1M
Q4 24
$110.9M
$145.5M
Q3 24
$102.3M
$68.3M
Q2 24
$101.0M
$11.5M
Total Assets
BAFN
BAFN
CAPR
CAPR
Q1 26
$1.2B
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
$170.5M
Q3 24
$1.2B
$93.0M
Q2 24
$1.2B
$38.3M

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
CAPR
CAPR
Operating Cash FlowLast quarter
$-14.8M
Free Cash FlowOCF − Capex
$-15.3M
FCF MarginFCF / Revenue
-137.3%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-41.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
$285.3M
Q3 25
$47.3M
Q2 25
$63.3M
Q1 25
$74.2M
Q4 24
$390.5M
$-14.8M
Q3 24
$90.8M
$-11.6M
Q2 24
$78.8M
$-12.3M
Free Cash Flow
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
$285.0M
Q3 25
$47.3M
Q2 25
$63.1M
Q1 25
$74.1M
Q4 24
$388.8M
$-15.3M
Q3 24
$90.5M
$-11.7M
Q2 24
$78.4M
$-12.3M
FCF Margin
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
2554.2%
Q3 25
462.2%
Q2 25
272.7%
Q1 25
375.1%
Q4 24
1180.9%
-137.3%
Q3 24
416.5%
-515.2%
Q2 24
376.1%
-310.9%
Capex Intensity
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
2.7%
Q3 25
0.1%
Q2 25
0.8%
Q1 25
0.4%
Q4 24
5.1%
4.4%
Q3 24
1.5%
0.4%
Q2 24
1.9%
1.5%
Cash Conversion
BAFN
BAFN
CAPR
CAPR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.95×
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%

CAPR
CAPR

Segment breakdown not available.

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