vs

Side-by-side financial comparison of BK Technologies Corp (BKTI) and First Bancorp, Inc (FNLC). Click either name above to swap in a different company.

First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $21.5M, roughly 1.2× BK Technologies Corp). First Bancorp, Inc runs the higher net margin — 39.4% vs 19.7%, a 19.7% gap on every dollar of revenue. On growth, BK Technologies Corp posted the faster year-over-year revenue change (20.0% vs 17.5%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $2.8M). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs -21.6%).

BK Technologies Corp designs, manufactures and sells analog and digital two-way radio communications equipment and related accessories. It serves public safety departments, first responders, government agencies and commercial clients primarily across North America, focusing on reliable, mission-critical communication solutions.

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

BKTI vs FNLC — Head-to-Head

Bigger by revenue
FNLC
FNLC
1.2× larger
FNLC
$25.8M
$21.5M
BKTI
Growing faster (revenue YoY)
BKTI
BKTI
+2.4% gap
BKTI
20.0%
17.5%
FNLC
Higher net margin
FNLC
FNLC
19.7% more per $
FNLC
39.4%
19.7%
BKTI
More free cash flow
FNLC
FNLC
$31.7M more FCF
FNLC
$34.6M
$2.8M
BKTI
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
-21.6%
BKTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKTI
BKTI
FNLC
FNLC
Revenue
$21.5M
$25.8M
Net Profit
$4.2M
$10.2M
Gross Margin
50.5%
Operating Margin
19.7%
48.1%
Net Margin
19.7%
39.4%
Revenue YoY
20.0%
17.5%
Net Profit YoY
15.6%
39.7%
EPS (diluted)
$1.06
$0.91

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
BKTI
BKTI
FNLC
FNLC
Q4 25
$21.5M
$25.8M
Q3 25
$24.4M
$24.5M
Q2 25
$21.2M
$22.5M
Q1 25
$19.1M
$21.8M
Q4 24
$17.9M
$22.0M
Q3 24
$20.2M
$20.5M
Q2 24
$20.3M
$19.2M
Q1 24
$18.5M
Net Profit
BKTI
BKTI
FNLC
FNLC
Q4 25
$4.2M
$10.2M
Q3 25
$3.4M
$9.1M
Q2 25
$3.7M
$8.1M
Q1 25
$2.1M
$7.1M
Q4 24
$3.7M
$7.3M
Q3 24
$2.4M
$7.6M
Q2 24
$1.7M
$6.2M
Q1 24
$6.0M
Gross Margin
BKTI
BKTI
FNLC
FNLC
Q4 25
50.5%
Q3 25
49.9%
Q2 25
47.4%
Q1 25
47.0%
Q4 24
41.2%
Q3 24
38.8%
Q2 24
37.3%
Q1 24
Operating Margin
BKTI
BKTI
FNLC
FNLC
Q4 25
19.7%
48.1%
Q3 25
19.8%
45.2%
Q2 25
18.9%
43.7%
Q1 25
15.3%
39.3%
Q4 24
12.3%
39.5%
Q3 24
12.9%
44.6%
Q2 24
10.0%
38.8%
Q1 24
39.3%
Net Margin
BKTI
BKTI
FNLC
FNLC
Q4 25
19.7%
39.4%
Q3 25
14.1%
37.0%
Q2 25
17.7%
35.8%
Q1 25
11.2%
32.5%
Q4 24
20.4%
33.1%
Q3 24
11.7%
36.9%
Q2 24
8.2%
32.1%
Q1 24
32.5%
EPS (diluted)
BKTI
BKTI
FNLC
FNLC
Q4 25
$1.06
$0.91
Q3 25
$0.87
$0.81
Q2 25
$0.96
$0.72
Q1 25
$0.55
$0.63
Q4 24
$0.96
$0.66
Q3 24
$0.63
$0.68
Q2 24
$0.47
$0.55
Q1 24
$0.54

Balance Sheet & Financial Strength

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

Metric
BKTI
BKTI
FNLC
FNLC
Cash + ST InvestmentsLiquidity on hand
$22.8M
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$44.7M
$283.1M
Total Assets
$63.8M
$3.2B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKTI
BKTI
FNLC
FNLC
Q4 25
$22.8M
Q3 25
$21.5M
Q2 25
$11.9M
Q1 25
$8.9M
Q4 24
$7.1M
Q3 24
$4.2M
Q2 24
$3.0M
Q1 24
Total Debt
BKTI
BKTI
FNLC
FNLC
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
BKTI
BKTI
FNLC
FNLC
Q4 25
$44.7M
$283.1M
Q3 25
$41.0M
$274.6M
Q2 25
$36.8M
$265.5M
Q1 25
$32.4M
$259.7M
Q4 24
$29.8M
$252.5M
Q3 24
$26.0M
$256.8M
Q2 24
$23.4M
$244.7M
Q1 24
$242.6M
Total Assets
BKTI
BKTI
FNLC
FNLC
Q4 25
$63.8M
$3.2B
Q3 25
$66.9M
$3.2B
Q2 25
$60.4M
$3.2B
Q1 25
$56.1M
$3.2B
Q4 24
$51.5M
$3.2B
Q3 24
$46.4M
$3.1B
Q2 24
$48.9M
$3.1B
Q1 24
$3.0B
Debt / Equity
BKTI
BKTI
FNLC
FNLC
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
BKTI
BKTI
FNLC
FNLC
Operating Cash FlowLast quarter
$3.0M
$37.8M
Free Cash FlowOCF − Capex
$2.8M
$34.6M
FCF MarginFCF / Revenue
13.2%
133.9%
Capex IntensityCapex / Revenue
0.7%
12.5%
Cash ConversionOCF / Net Profit
0.71×
3.72×
TTM Free Cash FlowTrailing 4 quarters
$18.4M
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKTI
BKTI
FNLC
FNLC
Q4 25
$3.0M
$37.8M
Q3 25
$10.4M
$12.9M
Q2 25
$3.9M
$7.4M
Q1 25
$2.1M
$2.2M
Q4 24
$3.8M
$26.0M
Q3 24
$5.7M
$9.8M
Q2 24
$4.1M
$6.4M
Q1 24
$-1.5M
Free Cash Flow
BKTI
BKTI
FNLC
FNLC
Q4 25
$2.8M
$34.6M
Q3 25
$10.1M
$12.6M
Q2 25
$3.7M
$7.2M
Q1 25
$1.8M
$828.0K
Q4 24
$3.4M
$24.6M
Q3 24
$5.2M
$9.6M
Q2 24
$3.9M
$6.3M
Q1 24
$-1.8M
FCF Margin
BKTI
BKTI
FNLC
FNLC
Q4 25
13.2%
133.9%
Q3 25
41.3%
51.4%
Q2 25
17.3%
32.1%
Q1 25
9.6%
3.8%
Q4 24
19.2%
111.7%
Q3 24
25.8%
47.0%
Q2 24
19.2%
32.9%
Q1 24
-9.8%
Capex Intensity
BKTI
BKTI
FNLC
FNLC
Q4 25
0.7%
12.5%
Q3 25
1.5%
1.2%
Q2 25
1.2%
0.6%
Q1 25
1.4%
6.2%
Q4 24
2.0%
6.7%
Q3 24
2.2%
0.5%
Q2 24
1.0%
0.3%
Q1 24
1.8%
Cash Conversion
BKTI
BKTI
FNLC
FNLC
Q4 25
0.71×
3.72×
Q3 25
3.04×
1.42×
Q2 25
1.04×
0.91×
Q1 25
0.98×
0.31×
Q4 24
1.04×
3.58×
Q3 24
2.40×
1.29×
Q2 24
2.46×
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

Related Comparisons