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Side-by-side financial comparison of BK Technologies Corp (BKTI) and REDWOOD TRUST INC (RWT). Click either name above to swap in a different company.

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $21.5M, roughly 1.2× BK Technologies Corp). REDWOOD TRUST INC runs the higher net margin — 77.2% vs 19.7%, a 57.6% gap on every dollar of revenue. On growth, BK Technologies Corp posted the faster year-over-year revenue change (20.0% vs -6.1%). Over the past eight quarters, BK Technologies Corp's revenue compounded faster (-21.6% CAGR vs -41.0%).

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.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

BKTI vs RWT — Head-to-Head

Bigger by revenue
RWT
RWT
1.2× larger
RWT
$25.9M
$21.5M
BKTI
Growing faster (revenue YoY)
BKTI
BKTI
+26.1% gap
BKTI
20.0%
-6.1%
RWT
Higher net margin
RWT
RWT
57.6% more per $
RWT
77.2%
19.7%
BKTI
Faster 2-yr revenue CAGR
BKTI
BKTI
Annualised
BKTI
-21.6%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BKTI
BKTI
RWT
RWT
Revenue
$21.5M
$25.9M
Net Profit
$4.2M
$20.0M
Gross Margin
50.5%
Operating Margin
19.7%
Net Margin
19.7%
77.2%
Revenue YoY
20.0%
-6.1%
Net Profit YoY
15.6%
402.6%
EPS (diluted)
$1.06
$0.11

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
RWT
RWT
Q4 25
$21.5M
$25.9M
Q3 25
$24.4M
$15.0M
Q2 25
$21.2M
$13.8M
Q1 25
$19.1M
$27.9M
Q4 24
$17.9M
$27.6M
Q3 24
$20.2M
$25.5M
Q2 24
$20.3M
$67.4M
Q1 24
$74.5M
Net Profit
BKTI
BKTI
RWT
RWT
Q4 25
$4.2M
$20.0M
Q3 25
$3.4M
$-7.7M
Q2 25
$3.7M
$-98.5M
Q1 25
$2.1M
$16.1M
Q4 24
$3.7M
$-6.6M
Q3 24
$2.4M
$14.8M
Q2 24
$1.7M
$15.5M
Q1 24
$30.3M
Gross Margin
BKTI
BKTI
RWT
RWT
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
RWT
RWT
Q4 25
19.7%
Q3 25
19.8%
-9.0%
Q2 25
18.9%
-679.0%
Q1 25
15.3%
80.2%
Q4 24
12.3%
-1.3%
Q3 24
12.9%
86.1%
Q2 24
10.0%
30.3%
Q1 24
41.3%
Net Margin
BKTI
BKTI
RWT
RWT
Q4 25
19.7%
77.2%
Q3 25
14.1%
-51.4%
Q2 25
17.7%
-712.0%
Q1 25
11.2%
57.8%
Q4 24
20.4%
-24.0%
Q3 24
11.7%
58.1%
Q2 24
8.2%
23.0%
Q1 24
40.6%
EPS (diluted)
BKTI
BKTI
RWT
RWT
Q4 25
$1.06
$0.11
Q3 25
$0.87
$-0.08
Q2 25
$0.96
$-0.76
Q1 25
$0.55
$0.10
Q4 24
$0.96
$-0.08
Q3 24
$0.63
$0.09
Q2 24
$0.47
$0.10
Q1 24
$0.21

Balance Sheet & Financial Strength

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

Metric
BKTI
BKTI
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$22.8M
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.7M
$982.6M
Total Assets
$63.8M
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKTI
BKTI
RWT
RWT
Q4 25
$22.8M
$255.7M
Q3 25
$21.5M
$226.3M
Q2 25
$11.9M
$302.0M
Q1 25
$8.9M
$259.9M
Q4 24
$7.1M
$245.2M
Q3 24
$4.2M
$253.7M
Q2 24
$3.0M
$275.6M
Q1 24
$275.4M
Total Debt
BKTI
BKTI
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
BKTI
BKTI
RWT
RWT
Q4 25
$44.7M
$982.6M
Q3 25
$41.0M
$999.0M
Q2 25
$36.8M
$1.1B
Q1 25
$32.4M
$1.2B
Q4 24
$29.8M
$1.2B
Q3 24
$26.0M
$1.2B
Q2 24
$23.4M
$1.2B
Q1 24
$1.2B
Total Assets
BKTI
BKTI
RWT
RWT
Q4 25
$63.8M
$23.7B
Q3 25
$66.9M
$22.6B
Q2 25
$60.4M
$21.3B
Q1 25
$56.1M
$19.9B
Q4 24
$51.5M
$18.3B
Q3 24
$46.4M
$18.4B
Q2 24
$48.9M
$16.5B
Q1 24
$15.1B
Debt / Equity
BKTI
BKTI
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

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
RWT
RWT
Operating Cash FlowLast quarter
$3.0M
$-10.1B
Free Cash FlowOCF − Capex
$2.8M
FCF MarginFCF / Revenue
13.2%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.71×
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$18.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKTI
BKTI
RWT
RWT
Q4 25
$3.0M
$-10.1B
Q3 25
$10.4M
$-2.7B
Q2 25
$3.9M
$-2.1B
Q1 25
$2.1M
$-2.0B
Q4 24
$3.8M
$-5.9B
Q3 24
$5.7M
$-2.1B
Q2 24
$4.1M
$-2.0B
Q1 24
$-954.2M
Free Cash Flow
BKTI
BKTI
RWT
RWT
Q4 25
$2.8M
Q3 25
$10.1M
Q2 25
$3.7M
Q1 25
$1.8M
Q4 24
$3.4M
Q3 24
$5.2M
Q2 24
$3.9M
Q1 24
FCF Margin
BKTI
BKTI
RWT
RWT
Q4 25
13.2%
Q3 25
41.3%
Q2 25
17.3%
Q1 25
9.6%
Q4 24
19.2%
Q3 24
25.8%
Q2 24
19.2%
Q1 24
Capex Intensity
BKTI
BKTI
RWT
RWT
Q4 25
0.7%
Q3 25
1.5%
Q2 25
1.2%
Q1 25
1.4%
Q4 24
2.0%
Q3 24
2.2%
Q2 24
1.0%
Q1 24
Cash Conversion
BKTI
BKTI
RWT
RWT
Q4 25
0.71×
-504.15×
Q3 25
3.04×
Q2 25
1.04×
Q1 25
0.98×
-120.92×
Q4 24
1.04×
Q3 24
2.40×
-140.86×
Q2 24
2.46×
-126.56×
Q1 24
-31.53×

Financial Flow Comparison

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

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