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Side-by-side financial comparison of BayCom Corp (BCML) and Butterfly Network, Inc. (BFLY). Click either name above to swap in a different company.

Butterfly Network, Inc. is the larger business by last-quarter revenue ($26.5M vs $25.9M, roughly 1.0× BayCom Corp). BayCom Corp runs the higher net margin — 26.5% vs -47.8%, a 74.3% gap on every dollar of revenue. On growth, Butterfly Network, Inc. posted the faster year-over-year revenue change (25.0% vs 9.4%). Over the past eight quarters, Butterfly Network, Inc.'s revenue compounded faster (11.1% CAGR vs 2.9%).

BayCom Corp is a U.S.-headquartered bank holding company operating through its wholly owned subsidiary Bay Commercial Bank. It primarily serves small and medium-sized enterprises and retail customers across Northern California, offering commercial lending, deposit products, personal banking services, and localized wealth management solutions.

Butterfly Network, Inc. is a digital health company that develops, manufactures and sells affordable, portable whole-body ultrasound devices powered by proprietary semiconductor technology. It serves clinical professionals, healthcare facilities, and home care users across global markets, with a core mission to expand access to medical imaging for underserved communities.

BCML vs BFLY — Head-to-Head

Bigger by revenue
BFLY
BFLY
1.0× larger
BFLY
$26.5M
$25.9M
BCML
Growing faster (revenue YoY)
BFLY
BFLY
+15.6% gap
BFLY
25.0%
9.4%
BCML
Higher net margin
BCML
BCML
74.3% more per $
BCML
26.5%
-47.8%
BFLY
Faster 2-yr revenue CAGR
BFLY
BFLY
Annualised
BFLY
11.1%
2.9%
BCML

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BCML
BCML
BFLY
BFLY
Revenue
$25.9M
$26.5M
Net Profit
$6.9M
$-12.7M
Gross Margin
68.9%
Operating Margin
36.6%
-21.2%
Net Margin
26.5%
-47.8%
Revenue YoY
9.4%
25.0%
Net Profit YoY
12.1%
EPS (diluted)
$0.63
$-0.05

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
BCML
BCML
BFLY
BFLY
Q1 26
$26.5M
Q4 25
$25.9M
$31.5M
Q3 25
$25.7M
$21.5M
Q2 25
$24.7M
$23.4M
Q1 25
$24.3M
$21.2M
Q4 24
$23.7M
$22.4M
Q3 24
$25.6M
$20.6M
Q2 24
$23.8M
$21.5M
Net Profit
BCML
BCML
BFLY
BFLY
Q1 26
$-12.7M
Q4 25
$6.9M
$-15.3M
Q3 25
$5.0M
$-34.0M
Q2 25
$6.4M
$-13.8M
Q1 25
$5.7M
$-14.0M
Q4 24
$6.1M
$-18.1M
Q3 24
$6.0M
$-16.9M
Q2 24
$5.6M
$-15.7M
Gross Margin
BCML
BCML
BFLY
BFLY
Q1 26
68.9%
Q4 25
67.3%
Q3 25
-17.5%
Q2 25
63.7%
Q1 25
63.0%
Q4 24
61.5%
Q3 24
59.5%
Q2 24
58.6%
Operating Margin
BCML
BCML
BFLY
BFLY
Q1 26
-21.2%
Q4 25
36.6%
-53.0%
Q3 25
26.3%
-163.5%
Q2 25
35.3%
-68.9%
Q1 25
31.6%
-87.0%
Q4 24
34.2%
-77.5%
Q3 24
32.4%
-83.9%
Q2 24
31.9%
-80.2%
Net Margin
BCML
BCML
BFLY
BFLY
Q1 26
-47.8%
Q4 25
26.5%
-48.5%
Q3 25
19.5%
-158.1%
Q2 25
25.8%
-59.2%
Q1 25
23.4%
-65.8%
Q4 24
25.9%
-81.0%
Q3 24
23.5%
-82.3%
Q2 24
23.6%
-73.1%
EPS (diluted)
BCML
BCML
BFLY
BFLY
Q1 26
$-0.05
Q4 25
$0.63
$-0.06
Q3 25
$0.46
$-0.13
Q2 25
$0.58
$-0.06
Q1 25
$0.51
$-0.06
Q4 24
$0.55
$-0.09
Q3 24
$0.54
$-0.08
Q2 24
$0.50
$-0.07

Balance Sheet & Financial Strength

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

Metric
BCML
BCML
BFLY
BFLY
Cash + ST InvestmentsLiquidity on hand
$138.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$338.6M
$191.2M
Total Assets
$2.6B
$285.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCML
BCML
BFLY
BFLY
Q1 26
$138.0M
Q4 25
$150.5M
Q3 25
$144.2M
Q2 25
$148.1M
Q1 25
$155.2M
Q4 24
$88.8M
Q3 24
$93.8M
Q2 24
$102.1M
Stockholders' Equity
BCML
BCML
BFLY
BFLY
Q1 26
$191.2M
Q4 25
$338.6M
$196.0M
Q3 25
$334.3M
$203.8M
Q2 25
$330.6M
$232.8M
Q1 25
$329.3M
$239.7M
Q4 24
$324.4M
$168.8M
Q3 24
$321.7M
$181.8M
Q2 24
$315.3M
$194.3M
Total Assets
BCML
BCML
BFLY
BFLY
Q1 26
$285.9M
Q4 25
$2.6B
$296.5M
Q3 25
$2.6B
$290.0M
Q2 25
$2.6B
$313.3M
Q1 25
$2.6B
$318.4M
Q4 24
$2.7B
$256.1M
Q3 24
$2.6B
$265.3M
Q2 24
$2.6B
$273.1M

Cash Flow & Capital Efficiency

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

Metric
BCML
BCML
BFLY
BFLY
Operating Cash FlowLast quarter
$31.8M
$-13.9M
Free Cash FlowOCF − Capex
$30.1M
FCF MarginFCF / Revenue
116.2%
Capex IntensityCapex / Revenue
6.7%
Cash ConversionOCF / Net Profit
4.64×
TTM Free Cash FlowTrailing 4 quarters
$51.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCML
BCML
BFLY
BFLY
Q1 26
$-13.9M
Q4 25
$31.8M
$9.0M
Q3 25
$7.3M
$-2.9M
Q2 25
$6.4M
$-7.2M
Q1 25
$9.3M
$-11.7M
Q4 24
$30.4M
$-3.1M
Q3 24
$9.6M
$-7.9M
Q2 24
$7.7M
$-10.0M
Free Cash Flow
BCML
BCML
BFLY
BFLY
Q1 26
Q4 25
$30.1M
$7.9M
Q3 25
$6.2M
$-3.9M
Q2 25
$5.6M
$-8.1M
Q1 25
$9.1M
$-12.0M
Q4 24
$28.7M
$-3.5M
Q3 24
$9.4M
$-8.3M
Q2 24
$7.4M
$-10.7M
FCF Margin
BCML
BCML
BFLY
BFLY
Q1 26
Q4 25
116.2%
25.2%
Q3 25
24.3%
-18.2%
Q2 25
22.8%
-34.5%
Q1 25
37.6%
-56.7%
Q4 24
121.1%
-15.8%
Q3 24
36.6%
-40.5%
Q2 24
31.2%
-50.0%
Capex Intensity
BCML
BCML
BFLY
BFLY
Q1 26
Q4 25
6.7%
3.4%
Q3 25
4.3%
4.7%
Q2 25
3.0%
3.8%
Q1 25
0.6%
1.7%
Q4 24
7.2%
1.8%
Q3 24
1.0%
2.0%
Q2 24
1.0%
3.4%
Cash Conversion
BCML
BCML
BFLY
BFLY
Q1 26
Q4 25
4.64×
Q3 25
1.47×
Q2 25
1.00×
Q1 25
1.63×
Q4 24
4.96×
Q3 24
1.60×
Q2 24
1.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCML
BCML

Segment breakdown not available.

BFLY
BFLY

Product$14.7M55%
Software and other services$11.9M45%

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