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Side-by-side financial comparison of BGSF, INC. (BGSF) and LCNB CORP (LCNB). Click either name above to swap in a different company.
LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $22.0M, roughly 1.1× BGSF, INC.). LCNB CORP runs the higher net margin — 23.7% vs -5.3%, a 29.0% gap on every dollar of revenue. On growth, LCNB CORP posted the faster year-over-year revenue change (5.1% vs -9.4%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $1.7M). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
LCNB Corp is a United States-based financial holding company that operates through its national bank subsidiary, providing a full suite of retail and commercial banking products and services including deposit accounts, various loan products, wealth management, and insurance solutions primarily to individual consumers, small and medium-sized enterprises and local community organizations across regional markets in Ohio.
BGSF vs LCNB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $23.9M |
| Net Profit | $-1.2M | $5.7M |
| Gross Margin | 35.0% | — |
| Operating Margin | -17.6% | 29.2% |
| Net Margin | -5.3% | 23.7% |
| Revenue YoY | -9.4% | 5.1% |
| Net Profit YoY | -18.2% | -7.6% |
| EPS (diluted) | $-0.12 | $0.40 |
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 | $22.0M | $23.9M | ||
| Q3 25 | $26.9M | $23.8M | ||
| Q2 25 | $23.5M | $22.8M | ||
| Q1 25 | $20.9M | $21.5M | ||
| Q4 24 | $24.3M | $22.7M | ||
| Q3 24 | $29.8M | $21.4M | ||
| Q2 24 | $25.7M | $19.3M | ||
| Q1 24 | $24.5M | $17.8M |
| Q4 25 | $-1.2M | $5.7M | ||
| Q3 25 | $-5.8M | $6.9M | ||
| Q2 25 | $-3.7M | $5.9M | ||
| Q1 25 | $-722.0K | $4.6M | ||
| Q4 24 | $-981.0K | $6.1M | ||
| Q3 24 | $-804.0K | $4.5M | ||
| Q2 24 | $-761.0K | $925.0K | ||
| Q1 24 | $-792.0K | $1.9M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.2% | — | ||
| Q4 24 | 35.9% | — | ||
| Q3 24 | 35.9% | — | ||
| Q2 24 | 37.3% | — | ||
| Q1 24 | 38.1% | — |
| Q4 25 | -17.6% | 29.2% | ||
| Q3 25 | -3.5% | 35.6% | ||
| Q2 25 | -18.8% | 31.6% | ||
| Q1 25 | 1.6% | 25.6% | ||
| Q4 24 | -15.7% | 32.9% | ||
| Q3 24 | -3.4% | 24.9% | ||
| Q2 24 | -5.7% | 4.9% | ||
| Q1 24 | 1.7% | 12.5% |
| Q4 25 | -5.3% | 23.7% | ||
| Q3 25 | -21.6% | 29.1% | ||
| Q2 25 | -15.9% | 26.0% | ||
| Q1 25 | -3.5% | 21.4% | ||
| Q4 24 | -4.0% | 27.0% | ||
| Q3 24 | -2.7% | 21.2% | ||
| Q2 24 | -3.0% | 4.8% | ||
| Q1 24 | -3.2% | 10.7% |
| Q4 25 | $-0.12 | $0.40 | ||
| Q3 25 | $-0.52 | $0.49 | ||
| Q2 25 | $-0.34 | $0.41 | ||
| Q1 25 | $-0.06 | $0.33 | ||
| Q4 24 | — | $0.44 | ||
| Q3 24 | $-0.07 | $0.31 | ||
| Q2 24 | $-0.07 | $0.07 | ||
| Q1 24 | — | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $21.6M |
| Total DebtLower is stronger | — | $104.4M |
| Stockholders' EquityBook value | $48.1M | $273.9M |
| Total Assets | $57.8M | $2.2B |
| Debt / EquityLower = less leverage | — | 0.38× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.6M | ||
| Q3 25 | $41.2M | $35.9M | ||
| Q2 25 | $2.8M | $49.8M | ||
| Q1 25 | $2.0M | $37.7M | ||
| Q4 24 | $32.0K | $35.7M | ||
| Q3 24 | $262 | $39.4M | ||
| Q2 24 | $226 | $34.9M | ||
| Q1 24 | $50 | $33.0M |
| Q4 25 | — | $104.4M | ||
| Q3 25 | — | $104.7M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $104.6M | ||
| Q4 24 | — | $155.2M | ||
| Q3 24 | — | $155.7M | ||
| Q2 24 | — | $162.2M | ||
| Q1 24 | — | $162.6M |
| Q4 25 | $48.1M | $273.9M | ||
| Q3 25 | $50.7M | $269.9M | ||
| Q2 25 | $78.3M | $263.5M | ||
| Q1 25 | $81.8M | $258.7M | ||
| Q4 24 | $82.3M | $253.0M | ||
| Q3 24 | $82.9M | $253.2M | ||
| Q2 24 | $83.2M | $245.2M | ||
| Q1 24 | $83.6M | $233.7M |
| Q4 25 | $57.8M | $2.2B | ||
| Q3 25 | $83.6M | $2.2B | ||
| Q2 25 | $149.7M | $2.3B | ||
| Q1 25 | $152.3M | $2.3B | ||
| Q4 24 | $150.1M | $2.3B | ||
| Q3 24 | $157.3K | $2.3B | ||
| Q2 24 | $159.8K | $2.4B | ||
| Q1 24 | $170.6K | $2.3B |
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.66× | ||
| Q1 24 | — | 0.70× |
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 | $1.7M | $34.4M |
| Free Cash FlowOCF − Capex | $1.7M | $33.4M |
| FCF MarginFCF / Revenue | 7.6% | 140.2% |
| Capex IntensityCapex / Revenue | 0.1% | 4.0% |
| Cash ConversionOCF / Net Profit | — | 6.08× |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | $54.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $34.4M | ||
| Q3 25 | $-4.8M | $14.0M | ||
| Q2 25 | $2.2M | $5.5M | ||
| Q1 25 | $1.1M | $2.2M | ||
| Q4 24 | $3.2M | $93.2M | ||
| Q3 24 | $6.5M | $11.9M | ||
| Q2 24 | $7.3M | $54.9M | ||
| Q1 24 | $7.4M | $-11.9M |
| Q4 25 | $1.7M | $33.4M | ||
| Q3 25 | $-4.9M | $13.7M | ||
| Q2 25 | $2.1M | $5.2M | ||
| Q1 25 | $1.0M | $2.1M | ||
| Q4 24 | $2.5M | $89.4M | ||
| Q3 24 | $6.5M | $10.5M | ||
| Q2 24 | $7.3M | $53.8M | ||
| Q1 24 | $6.9M | $-12.8M |
| Q4 25 | 7.6% | 140.2% | ||
| Q3 25 | -18.1% | 57.4% | ||
| Q2 25 | 9.1% | 23.0% | ||
| Q1 25 | 5.0% | 10.0% | ||
| Q4 24 | 10.2% | 394.0% | ||
| Q3 24 | 21.7% | 49.0% | ||
| Q2 24 | 28.5% | 278.6% | ||
| Q1 24 | 28.1% | -71.8% |
| Q4 25 | 0.1% | 4.0% | ||
| Q3 25 | 0.4% | 1.3% | ||
| Q2 25 | 0.0% | 1.0% | ||
| Q1 25 | 0.1% | 0.3% | ||
| Q4 24 | 3.0% | 16.7% | ||
| Q3 24 | 0.0% | 6.7% | ||
| Q2 24 | 0.0% | 5.9% | ||
| Q1 24 | 2.0% | 4.8% |
| Q4 25 | — | 6.08× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 15.23× | ||
| Q3 24 | — | 2.63× | ||
| Q2 24 | — | 59.35× | ||
| Q1 24 | — | -6.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
LCNB
Segment breakdown not available.
