vs
Side-by-side financial comparison of BayFirst Financial Corp. (BAFN) and IRIDEX CORP (IRIX). Click either name above to swap in a different company.
IRIDEX CORP is the larger business by last-quarter revenue ($14.7M vs $10.3M, roughly 1.4× BayFirst Financial Corp.). Over the past eight quarters, IRIDEX CORP's revenue compounded faster (11.9% 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.
IRIDEX Corporation is a global medical technology company that designs, manufactures and distributes advanced laser-based medical devices, primarily serving the ophthalmology and aesthetic medicine sectors. It supplies products to healthcare providers, clinics and medical facilities across North America, Europe, Asia Pacific and other regions, delivering minimally invasive solutions for eye disease treatment and cosmetic procedures.
BAFN vs IRIX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.3M | $14.7M |
| Net Profit | $-5.7M | — |
| Gross Margin | — | 37.2% |
| Operating Margin | — | — |
| Net Margin | -55.0% | — |
| Revenue YoY | — | -69.7% |
| Net Profit YoY | -130.6% | — |
| EPS (diluted) | $-1.48 | — |
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 | $14.7M | ||
| Q3 25 | $10.2M | $12.5M | ||
| Q2 25 | $23.1M | $13.6M | ||
| Q1 25 | $19.8M | $11.9M | ||
| Q4 24 | $32.9M | $12.7M | ||
| Q3 24 | $21.7M | $11.6M | ||
| Q2 24 | $20.8M | $12.6M |
| Q1 26 | $-5.7M | — | ||
| Q4 25 | $-2.5M | — | ||
| Q3 25 | $-18.9M | $-1.6M | ||
| Q2 25 | $-1.2M | $-994.0K | ||
| Q1 25 | $-335.0K | $-1.7M | ||
| Q4 24 | $9.8M | $-834.0K | ||
| Q3 24 | $1.1M | $-1.9M | ||
| Q2 24 | $866.0K | $-2.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 32.1% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 42.5% | ||
| Q4 24 | — | 44.0% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 40.7% |
| Q1 26 | — | — | ||
| Q4 25 | -25.3% | — | ||
| Q3 25 | -253.0% | -11.3% | ||
| Q2 25 | -7.1% | -6.9% | ||
| Q1 25 | -2.3% | -1.7% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | 7.1% | -16.1% | ||
| Q2 24 | 5.9% | -20.9% |
| Q1 26 | -55.0% | — | ||
| Q4 25 | -22.1% | — | ||
| Q3 25 | -184.7% | -12.6% | ||
| Q2 25 | -5.3% | -7.3% | ||
| Q1 25 | -1.7% | -14.2% | ||
| Q4 24 | 91.8% | -6.6% | ||
| Q3 24 | 5.2% | -16.7% | ||
| Q2 24 | 4.2% | -21.2% |
| Q1 26 | $-1.48 | — | ||
| Q4 25 | $-0.71 | — | ||
| Q3 25 | $-4.66 | $-0.09 | ||
| Q2 25 | $-0.39 | $-0.06 | ||
| Q1 25 | $-0.17 | $-0.10 | ||
| Q4 24 | $2.21 | $-0.05 | ||
| Q3 24 | $0.18 | $-0.12 | ||
| Q2 24 | $0.12 | $-0.16 |
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 | $6.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $81.9M | — |
| Total Assets | $1.2B | $29.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $134.5M | — | ||
| Q4 25 | $207.0M | $6.0M | ||
| Q3 25 | $118.5M | $5.6M | ||
| Q2 25 | $77.3M | $6.8M | ||
| Q1 25 | $63.2M | $7.2M | ||
| Q4 24 | $77.8M | $2.4M | ||
| Q3 24 | $64.4M | $3.9M | ||
| Q2 24 | $60.8M | $4.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.0M | ||
| Q3 24 | — | $1.4M | ||
| Q2 24 | — | — |
| Q1 26 | $81.9M | — | ||
| Q4 25 | $87.6M | — | ||
| Q3 25 | $89.7M | $4.7M | ||
| Q2 25 | $108.2M | $6.1M | ||
| Q1 25 | $110.1M | $852.0K | ||
| Q4 24 | $110.9M | $2.1M | ||
| Q3 24 | $102.3M | $2.6M | ||
| Q2 24 | $101.0M | $4.2M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $29.2M | ||
| Q3 25 | $1.3B | $28.4M | ||
| Q2 25 | $1.3B | $31.6M | ||
| Q1 25 | $1.3B | $34.2M | ||
| Q4 24 | $1.3B | $29.1M | ||
| Q3 24 | $1.2B | $30.2M | ||
| Q2 24 | $1.2B | $31.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | — |
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% |
IRIX
Segment breakdown not available.
