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

ImmunityBio, Inc. is the larger business by last-quarter revenue ($38.3M vs $25.9M, roughly 1.5× BayCom Corp). BayCom Corp runs the higher net margin — 26.5% vs -161.8%, a 188.3% gap on every dollar of revenue. On growth, ImmunityBio, Inc. posted the faster year-over-year revenue change (407.0% vs 9.4%). BayCom Corp produced more free cash flow last quarter ($30.1M vs $-71.3M).

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.

ImmunityBio, Inc. is a clinical-stage biotechnology company focused on developing next-generation immunotherapies and vaccine candidates targeting multiple cancer types and infectious diseases. It operates mainly in the U.S. market, with core R&D segments including cell therapy, antibody therapeutics, and targeted vaccine platforms designed to enhance patient treatment outcomes.

BCML vs IBRX — Head-to-Head

Bigger by revenue
IBRX
IBRX
1.5× larger
IBRX
$38.3M
$25.9M
BCML
Growing faster (revenue YoY)
IBRX
IBRX
+397.5% gap
IBRX
407.0%
9.4%
BCML
Higher net margin
BCML
BCML
188.3% more per $
BCML
26.5%
-161.8%
IBRX
More free cash flow
BCML
BCML
$101.4M more FCF
BCML
$30.1M
$-71.3M
IBRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCML
BCML
IBRX
IBRX
Revenue
$25.9M
$38.3M
Net Profit
$6.9M
$-61.9M
Gross Margin
99.0%
Operating Margin
36.6%
-169.0%
Net Margin
26.5%
-161.8%
Revenue YoY
9.4%
407.0%
Net Profit YoY
12.1%
-4.7%
EPS (diluted)
$0.63
$-0.06

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
IBRX
IBRX
Q4 25
$25.9M
$38.3M
Q3 25
$25.7M
$32.1M
Q2 25
$24.7M
$26.4M
Q1 25
$24.3M
$16.5M
Q4 24
$23.7M
$7.6M
Q3 24
$25.6M
$6.1M
Q2 24
$23.8M
Q1 24
$24.5M
Net Profit
BCML
BCML
IBRX
IBRX
Q4 25
$6.9M
$-61.9M
Q3 25
$5.0M
$-67.3M
Q2 25
$6.4M
$-92.6M
Q1 25
$5.7M
$-129.6M
Q4 24
$6.1M
$-59.2M
Q3 24
$6.0M
$-85.7M
Q2 24
$5.6M
Q1 24
$5.9M
Gross Margin
BCML
BCML
IBRX
IBRX
Q4 25
99.0%
Q3 25
99.4%
Q2 25
99.5%
Q1 25
99.6%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BCML
BCML
IBRX
IBRX
Q4 25
36.6%
-169.0%
Q3 25
26.3%
-173.5%
Q2 25
35.3%
-269.8%
Q1 25
31.6%
-390.1%
Q4 24
34.2%
-919.0%
Q3 24
32.4%
-1314.3%
Q2 24
31.9%
Q1 24
33.3%
Net Margin
BCML
BCML
IBRX
IBRX
Q4 25
26.5%
-161.8%
Q3 25
19.5%
-209.8%
Q2 25
25.8%
-350.3%
Q1 25
23.4%
-784.9%
Q4 24
25.9%
-783.4%
Q3 24
23.5%
-1404.0%
Q2 24
23.6%
Q1 24
24.0%
EPS (diluted)
BCML
BCML
IBRX
IBRX
Q4 25
$0.63
$-0.06
Q3 25
$0.46
$-0.07
Q2 25
$0.58
$-0.10
Q1 25
$0.51
$-0.15
Q4 24
$0.55
$-0.08
Q3 24
$0.54
$-0.14
Q2 24
$0.50
Q1 24
$0.51

Balance Sheet & Financial Strength

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

Metric
BCML
BCML
IBRX
IBRX
Cash + ST InvestmentsLiquidity on hand
$242.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$338.6M
$-500.5M
Total Assets
$2.6B
$501.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCML
BCML
IBRX
IBRX
Q4 25
$242.8M
Q3 25
$257.8M
Q2 25
$153.7M
Q1 25
$61.6M
Q4 24
$149.8M
Q3 24
$130.4M
Q2 24
Q1 24
Stockholders' Equity
BCML
BCML
IBRX
IBRX
Q4 25
$338.6M
$-500.5M
Q3 25
$334.3M
$-524.3M
Q2 25
$330.6M
$-570.7M
Q1 25
$329.3M
$-591.4M
Q4 24
$324.4M
$-489.1M
Q3 24
$321.7M
$-745.1M
Q2 24
$315.3M
Q1 24
$314.2M
Total Assets
BCML
BCML
IBRX
IBRX
Q4 25
$2.6B
$501.9M
Q3 25
$2.6B
$519.0M
Q2 25
$2.6B
$402.1M
Q1 25
$2.6B
$303.8M
Q4 24
$2.7B
$382.9M
Q3 24
$2.6B
$364.6M
Q2 24
$2.6B
Q1 24
$2.6B

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
IBRX
IBRX
Operating Cash FlowLast quarter
$31.8M
$-70.4M
Free Cash FlowOCF − Capex
$30.1M
$-71.3M
FCF MarginFCF / Revenue
116.2%
-186.2%
Capex IntensityCapex / Revenue
6.7%
2.4%
Cash ConversionOCF / Net Profit
4.64×
TTM Free Cash FlowTrailing 4 quarters
$51.1M
$-308.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCML
BCML
IBRX
IBRX
Q4 25
$31.8M
$-70.4M
Q3 25
$7.3M
$-68.9M
Q2 25
$6.4M
$-79.7M
Q1 25
$9.3M
$-85.9M
Q4 24
$30.4M
$-85.1M
Q3 24
$9.6M
$-98.8M
Q2 24
$7.7M
Q1 24
$5.1M
Free Cash Flow
BCML
BCML
IBRX
IBRX
Q4 25
$30.1M
$-71.3M
Q3 25
$6.2M
$-69.6M
Q2 25
$5.6M
$-80.8M
Q1 25
$9.1M
$-87.0M
Q4 24
$28.7M
$-87.3M
Q3 24
$9.4M
$-101.6M
Q2 24
$7.4M
Q1 24
$3.9M
FCF Margin
BCML
BCML
IBRX
IBRX
Q4 25
116.2%
-186.2%
Q3 25
24.3%
-217.2%
Q2 25
22.8%
-305.9%
Q1 25
37.6%
-526.9%
Q4 24
121.1%
-1155.4%
Q3 24
36.6%
-1663.2%
Q2 24
31.2%
Q1 24
16.1%
Capex Intensity
BCML
BCML
IBRX
IBRX
Q4 25
6.7%
2.4%
Q3 25
4.3%
2.3%
Q2 25
3.0%
4.1%
Q1 25
0.6%
6.8%
Q4 24
7.2%
28.0%
Q3 24
1.0%
45.7%
Q2 24
1.0%
Q1 24
4.7%
Cash Conversion
BCML
BCML
IBRX
IBRX
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.

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