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Side-by-side financial comparison of BayCom Corp (BCML) and FTC Solar, Inc. (FTCI). Click either name above to swap in a different company.
FTC Solar, Inc. is the larger business by last-quarter revenue ($32.9M vs $25.9M, roughly 1.3× BayCom Corp). BayCom Corp runs the higher net margin — 26.5% vs -110.7%, a 137.2% gap on every dollar of revenue. On growth, FTC Solar, Inc. posted the faster year-over-year revenue change (148.9% vs 9.4%). BayCom Corp produced more free cash flow last quarter ($30.1M vs $-8.4M). Over the past eight quarters, FTC Solar, Inc.'s revenue compounded faster (61.6% 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.
FTC Solar, Inc. is a leading global provider of advanced solar tracker systems, associated components, and supporting software for solar projects. It serves utility-scale, commercial, and industrial solar segments across key global markets, helping customers boost energy generation efficiency and lower overall project costs.
BCML vs FTCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.9M | $32.9M |
| Net Profit | $6.9M | $-36.4M |
| Gross Margin | — | 14.9% |
| Operating Margin | 36.6% | -17.2% |
| Net Margin | 26.5% | -110.7% |
| Revenue YoY | 9.4% | 148.9% |
| Net Profit YoY | 12.1% | -197.4% |
| EPS (diluted) | $0.63 | $-2.31 |
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.
| Q4 25 | $25.9M | $32.9M | ||
| Q3 25 | $25.7M | $26.0M | ||
| Q2 25 | $24.7M | $20.0M | ||
| Q1 25 | $24.3M | $20.8M | ||
| Q4 24 | $23.7M | $13.2M | ||
| Q3 24 | $25.6M | $10.1M | ||
| Q2 24 | $23.8M | $11.4M | ||
| Q1 24 | $24.5M | $12.6M |
| Q4 25 | $6.9M | $-36.4M | ||
| Q3 25 | $5.0M | $-23.9M | ||
| Q2 25 | $6.4M | $-15.4M | ||
| Q1 25 | $5.7M | $-3.8M | ||
| Q4 24 | $6.1M | $-12.2M | ||
| Q3 24 | $6.0M | $-15.4M | ||
| Q2 24 | $5.6M | $-12.2M | ||
| Q1 24 | $5.9M | $-8.8M |
| Q4 25 | — | 14.9% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | — | -19.6% | ||
| Q1 25 | — | -16.6% | ||
| Q4 24 | — | -29.1% | ||
| Q3 24 | — | -42.5% | ||
| Q2 24 | — | -20.5% | ||
| Q1 24 | — | -16.7% |
| Q4 25 | 36.6% | -17.2% | ||
| Q3 25 | 26.3% | -29.6% | ||
| Q2 25 | 35.3% | -57.5% | ||
| Q1 25 | 31.6% | -50.8% | ||
| Q4 24 | 34.2% | -101.7% | ||
| Q3 24 | 32.4% | -147.8% | ||
| Q2 24 | 31.9% | -104.3% | ||
| Q1 24 | 33.3% | -99.3% |
| Q4 25 | 26.5% | -110.7% | ||
| Q3 25 | 19.5% | -92.0% | ||
| Q2 25 | 25.8% | -77.2% | ||
| Q1 25 | 23.4% | -18.4% | ||
| Q4 24 | 25.9% | -92.7% | ||
| Q3 24 | 23.5% | -151.5% | ||
| Q2 24 | 23.6% | -107.1% | ||
| Q1 24 | 24.0% | -69.7% |
| Q4 25 | $0.63 | $-2.31 | ||
| Q3 25 | $0.46 | $-1.61 | ||
| Q2 25 | $0.58 | $-1.18 | ||
| Q1 25 | $0.51 | $-0.58 | ||
| Q4 24 | $0.55 | $-0.95 | ||
| Q3 24 | $0.54 | $-1.21 | ||
| Q2 24 | $0.50 | $-0.97 | ||
| Q1 24 | $0.51 | $-0.70 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $21.1M |
| Total DebtLower is stronger | — | $9.9M |
| Stockholders' EquityBook value | $338.6M | $-43.0M |
| Total Assets | $2.6B | $111.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.1M | ||
| Q3 25 | — | $24.4M | ||
| Q2 25 | — | $3.5M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $11.2M | ||
| Q3 24 | — | $8.3M | ||
| Q2 24 | — | $10.8M | ||
| Q1 24 | — | $14.0M |
| Q4 25 | — | $9.9M | ||
| Q3 25 | — | $16.6M | ||
| Q2 25 | — | $10.9M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $9.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $338.6M | $-43.0M | ||
| Q3 25 | $334.3M | $-13.7M | ||
| Q2 25 | $330.6M | $9.0M | ||
| Q1 25 | $329.3M | $15.5M | ||
| Q4 24 | $324.4M | $19.0M | ||
| Q3 24 | $321.7M | $30.4M | ||
| Q2 24 | $315.3M | $44.2M | ||
| Q1 24 | $314.2M | $55.2M |
| Q4 25 | $2.6B | $111.8M | ||
| Q3 25 | $2.6B | $111.5M | ||
| Q2 25 | $2.6B | $83.0M | ||
| Q1 25 | $2.6B | $84.1M | ||
| Q4 24 | $2.7B | $89.9M | ||
| Q3 24 | $2.6B | $91.7M | ||
| Q2 24 | $2.6B | $100.3M | ||
| Q1 24 | $2.6B | $115.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $31.8M | $-8.0M |
| Free Cash FlowOCF − Capex | $30.1M | $-8.4M |
| FCF MarginFCF / Revenue | 116.2% | -25.7% |
| Capex IntensityCapex / Revenue | 6.7% | 1.3% |
| Cash ConversionOCF / Net Profit | 4.64× | — |
| TTM Free Cash FlowTrailing 4 quarters | $51.1M | $-34.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.8M | $-8.0M | ||
| Q3 25 | $7.3M | $-14.6M | ||
| Q2 25 | $6.4M | $-2.3M | ||
| Q1 25 | $9.3M | $-8.5M | ||
| Q4 24 | $30.4M | $-16.7M | ||
| Q3 24 | $9.6M | $-2.4M | ||
| Q2 24 | $7.7M | $-3.8M | ||
| Q1 24 | $5.1M | $-11.9M |
| Q4 25 | $30.1M | $-8.4M | ||
| Q3 25 | $6.2M | $-15.1M | ||
| Q2 25 | $5.6M | $-2.5M | ||
| Q1 25 | $9.1M | $-8.6M | ||
| Q4 24 | $28.7M | $-17.0M | ||
| Q3 24 | $9.4M | $-2.6M | ||
| Q2 24 | $7.4M | $-4.5M | ||
| Q1 24 | $3.9M | $-12.3M |
| Q4 25 | 116.2% | -25.7% | ||
| Q3 25 | 24.3% | -57.9% | ||
| Q2 25 | 22.8% | -12.4% | ||
| Q1 25 | 37.6% | -41.2% | ||
| Q4 24 | 121.1% | -128.6% | ||
| Q3 24 | 36.6% | -25.6% | ||
| Q2 24 | 31.2% | -39.2% | ||
| Q1 24 | 16.1% | -97.6% |
| Q4 25 | 6.7% | 1.3% | ||
| Q3 25 | 4.3% | 1.7% | ||
| Q2 25 | 3.0% | 0.9% | ||
| Q1 25 | 0.6% | 0.4% | ||
| Q4 24 | 7.2% | 2.2% | ||
| Q3 24 | 1.0% | 2.2% | ||
| Q2 24 | 1.0% | 6.1% | ||
| Q1 24 | 4.7% | 3.4% |
| 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× | — | ||
| Q1 24 | 0.86× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCML
Segment breakdown not available.
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
