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Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and Coda Octopus Group, Inc. (CODA). Click either name above to swap in a different company.
BayFirst Financial Corp. is the larger business by last-quarter revenue ($10.3M vs $7.3M, roughly 1.4× Coda Octopus Group, Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -55.0%, a 69.1% gap on every dollar of revenue. Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% 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.
CODA plc was a mid-sized international financial software company based in the United Kingdom. Founded in 1979, it was purchased in 2008 by Unit4, a supplier of enterprise software, based in the Netherlands. CODA creates, markets and implements a range of business software systems designed for finance directors and finance departments. These include:financial management systems like accounting software and procurement software: financial analysis applications like reporting, consolidation and...
BAFN vs CODA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.3M | $7.3M |
| Net Profit | $-5.7M | $1.0M |
| Gross Margin | — | 67.6% |
| Operating Margin | — | 19.3% |
| Net Margin | -55.0% | 14.1% |
| Revenue YoY | — | 43.8% |
| Net Profit YoY | -130.6% | 214.3% |
| EPS (diluted) | $-1.48 | $0.10 |
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 | $7.3M | ||
| Q3 25 | $10.2M | $7.1M | ||
| Q2 25 | $23.1M | $7.0M | ||
| Q1 25 | $19.8M | $5.2M | ||
| Q4 24 | $32.9M | $5.1M | ||
| Q3 24 | $21.7M | $5.5M | ||
| Q2 24 | $20.8M | $5.3M |
| Q1 26 | $-5.7M | — | ||
| Q4 25 | $-2.5M | $1.0M | ||
| Q3 25 | $-18.9M | $1.3M | ||
| Q2 25 | $-1.2M | $908.8K | ||
| Q1 25 | $-335.0K | $913.0K | ||
| Q4 24 | $9.8M | $326.2K | ||
| Q3 24 | $1.1M | $1.3M | ||
| Q2 24 | $866.0K | $1.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 67.6% | ||
| Q3 25 | — | 68.3% | ||
| Q2 25 | — | 64.1% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | — | 65.3% | ||
| Q3 24 | — | 73.9% | ||
| Q2 24 | — | 70.2% |
| Q1 26 | — | — | ||
| Q4 25 | -25.3% | 19.3% | ||
| Q3 25 | -253.0% | 19.5% | ||
| Q2 25 | -7.1% | 15.5% | ||
| Q1 25 | -2.3% | 12.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 7.1% | 25.4% | ||
| Q2 24 | 5.9% | 25.4% |
| Q1 26 | -55.0% | — | ||
| Q4 25 | -22.1% | 14.1% | ||
| Q3 25 | -184.7% | 18.2% | ||
| Q2 25 | -5.3% | 13.0% | ||
| Q1 25 | -1.7% | 17.5% | ||
| Q4 24 | 91.8% | 6.5% | ||
| Q3 24 | 5.2% | 23.3% | ||
| Q2 24 | 4.2% | 26.6% |
| Q1 26 | $-1.48 | — | ||
| Q4 25 | $-0.71 | $0.10 | ||
| Q3 25 | $-4.66 | $0.11 | ||
| Q2 25 | $-0.39 | $0.08 | ||
| Q1 25 | $-0.17 | $0.08 | ||
| Q4 24 | $2.21 | $0.02 | ||
| Q3 24 | $0.18 | $0.11 | ||
| Q2 24 | $0.12 | $0.13 |
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 | $28.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $81.9M | $58.1M |
| Total Assets | $1.2B | $64.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $134.5M | — | ||
| Q4 25 | $207.0M | $28.7M | ||
| Q3 25 | $118.5M | $26.2M | ||
| Q2 25 | $77.3M | $24.5M | ||
| Q1 25 | $63.2M | $22.5M | ||
| Q4 24 | $77.8M | $22.5M | ||
| Q3 24 | $64.4M | $25.2M | ||
| Q2 24 | $60.8M | $23.7M |
| Q1 26 | $81.9M | — | ||
| Q4 25 | $87.6M | $58.1M | ||
| Q3 25 | $89.7M | $57.3M | ||
| Q2 25 | $108.2M | $55.9M | ||
| Q1 25 | $110.1M | $53.1M | ||
| Q4 24 | $110.9M | $53.1M | ||
| Q3 24 | $102.3M | $52.8M | ||
| Q2 24 | $101.0M | $51.1M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $64.5M | ||
| Q3 25 | $1.3B | $61.9M | ||
| Q2 25 | $1.3B | $60.6M | ||
| Q1 25 | $1.3B | $56.9M | ||
| Q4 24 | $1.3B | $57.5M | ||
| Q3 24 | $1.2B | $55.9M | ||
| Q2 24 | $1.2B | $54.0M |
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 | — | $2.9M |
| Free Cash FlowOCF − Capex | — | $2.5M |
| FCF MarginFCF / Revenue | — | 34.9% |
| Capex IntensityCapex / Revenue | — | 5.0% |
| Cash ConversionOCF / Net Profit | — | 2.83× |
| TTM Free Cash FlowTrailing 4 quarters | — | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $285.3M | $2.9M | ||
| Q3 25 | $47.3M | $2.2M | ||
| Q2 25 | $63.3M | $1.5M | ||
| Q1 25 | $74.2M | $641.5K | ||
| Q4 24 | $390.5M | $2.0M | ||
| Q3 24 | $90.8M | $1.7M | ||
| Q2 24 | $78.8M | $-955.8K |
| Q1 26 | — | — | ||
| Q4 25 | $285.0M | $2.5M | ||
| Q3 25 | $47.3M | $1.6M | ||
| Q2 25 | $63.1M | $1.4M | ||
| Q1 25 | $74.1M | $513.4K | ||
| Q4 24 | $388.8M | $1.9M | ||
| Q3 24 | $90.5M | $1.5M | ||
| Q2 24 | $78.4M | $-1.1M |
| Q1 26 | — | — | ||
| Q4 25 | 2554.2% | 34.9% | ||
| Q3 25 | 462.2% | 22.6% | ||
| Q2 25 | 272.7% | 19.9% | ||
| Q1 25 | 375.1% | 9.9% | ||
| Q4 24 | 1180.9% | 38.5% | ||
| Q3 24 | 416.5% | 28.2% | ||
| Q2 24 | 376.1% | -20.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 5.0% | ||
| Q3 25 | 0.1% | 8.6% | ||
| Q2 25 | 0.8% | 1.0% | ||
| Q1 25 | 0.4% | 2.5% | ||
| Q4 24 | 5.1% | 0.9% | ||
| Q3 24 | 1.5% | 3.0% | ||
| Q2 24 | 1.9% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.83× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | — | 1.61× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | 39.95× | 6.11× | ||
| Q3 24 | 79.85× | 1.34× | ||
| Q2 24 | 90.94× | -0.68× |
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% |
CODA
| Segment Reporting | $3.1M | 42% |
| Transferred At Point In Time | $1.8M | 24% |
| Precision Acoustics Limited | $1.3M | 18% |
| Other | $1.1M | 15% |
