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Side-by-side financial comparison of BK Technologies Corp (BKTI) and Americas Gold & Silver Corp (USAS). Click either name above to swap in a different company.

BK Technologies Corp is the larger business by last-quarter revenue ($21.5M vs $19.1M, roughly 1.1× Americas Gold & Silver Corp). BK Technologies Corp runs the higher net margin — 19.7% vs -82.3%, a 102.0% gap on every dollar of revenue. On growth, BK Technologies Corp posted the faster year-over-year revenue change (20.0% vs -28.0%). BK Technologies Corp produced more free cash flow last quarter ($2.8M vs $-41.3M).

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.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

BKTI vs USAS — Head-to-Head

Bigger by revenue
BKTI
BKTI
1.1× larger
BKTI
$21.5M
$19.1M
USAS
Growing faster (revenue YoY)
BKTI
BKTI
+48.0% gap
BKTI
20.0%
-28.0%
USAS
Higher net margin
BKTI
BKTI
102.0% more per $
BKTI
19.7%
-82.3%
USAS
More free cash flow
BKTI
BKTI
$44.2M more FCF
BKTI
$2.8M
$-41.3M
USAS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BKTI
BKTI
USAS
USAS
Revenue
$21.5M
$19.1M
Net Profit
$4.2M
$-15.7M
Gross Margin
50.5%
34.2%
Operating Margin
19.7%
Net Margin
19.7%
-82.3%
Revenue YoY
20.0%
-28.0%
Net Profit YoY
15.6%
2.8%
EPS (diluted)
$1.06

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
BKTI
BKTI
USAS
USAS
Q4 25
$21.5M
Q3 25
$24.4M
$19.1M
Q2 25
$21.2M
Q1 25
$19.1M
Q4 24
$17.9M
Q3 24
$20.2M
$26.5M
Q2 24
$20.3M
Q4 23
$35.0M
Net Profit
BKTI
BKTI
USAS
USAS
Q4 25
$4.2M
Q3 25
$3.4M
$-15.7M
Q2 25
$3.7M
Q1 25
$2.1M
Q4 24
$3.7M
Q3 24
$2.4M
$-16.2M
Q2 24
$1.7M
Q4 23
$290.0K
Gross Margin
BKTI
BKTI
USAS
USAS
Q4 25
50.5%
Q3 25
49.9%
34.2%
Q2 25
47.4%
Q1 25
47.0%
Q4 24
41.2%
Q3 24
38.8%
23.6%
Q2 24
37.3%
Q4 23
Operating Margin
BKTI
BKTI
USAS
USAS
Q4 25
19.7%
Q3 25
19.8%
Q2 25
18.9%
Q1 25
15.3%
Q4 24
12.3%
Q3 24
12.9%
Q2 24
10.0%
Q4 23
-1.7%
Net Margin
BKTI
BKTI
USAS
USAS
Q4 25
19.7%
Q3 25
14.1%
-82.3%
Q2 25
17.7%
Q1 25
11.2%
Q4 24
20.4%
Q3 24
11.7%
-60.9%
Q2 24
8.2%
Q4 23
0.8%
EPS (diluted)
BKTI
BKTI
USAS
USAS
Q4 25
$1.06
Q3 25
$0.87
Q2 25
$0.96
Q1 25
$0.55
Q4 24
$0.96
Q3 24
$0.63
Q2 24
$0.47
Q4 23

Balance Sheet & Financial Strength

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

Metric
BKTI
BKTI
USAS
USAS
Cash + ST InvestmentsLiquidity on hand
$22.8M
$39.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.7M
$50.2M
Total Assets
$63.8M
$234.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKTI
BKTI
USAS
USAS
Q4 25
$22.8M
Q3 25
$21.5M
$39.1M
Q2 25
$11.9M
Q1 25
$8.9M
Q4 24
$7.1M
Q3 24
$4.2M
Q2 24
$3.0M
Q4 23
$3.5M
Stockholders' Equity
BKTI
BKTI
USAS
USAS
Q4 25
$44.7M
Q3 25
$41.0M
$50.2M
Q2 25
$36.8M
Q1 25
$32.4M
Q4 24
$29.8M
Q3 24
$26.0M
$53.1M
Q2 24
$23.4M
Q4 23
$21.3M
Total Assets
BKTI
BKTI
USAS
USAS
Q4 25
$63.8M
Q3 25
$66.9M
$234.7M
Q2 25
$60.4M
Q1 25
$56.1M
Q4 24
$51.5M
Q3 24
$46.4M
Q2 24
$48.9M
Q4 23
$49.4M

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
USAS
USAS
Operating Cash FlowLast quarter
$3.0M
$-12.5M
Free Cash FlowOCF − Capex
$2.8M
$-41.3M
FCF MarginFCF / Revenue
13.2%
-216.5%
Capex IntensityCapex / Revenue
0.7%
150.8%
Cash ConversionOCF / Net Profit
0.71×
TTM Free Cash FlowTrailing 4 quarters
$18.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKTI
BKTI
USAS
USAS
Q4 25
$3.0M
Q3 25
$10.4M
$-12.5M
Q2 25
$3.9M
Q1 25
$2.1M
Q4 24
$3.8M
Q3 24
$5.7M
$2.4M
Q2 24
$4.1M
Q4 23
$-2.3M
Free Cash Flow
BKTI
BKTI
USAS
USAS
Q4 25
$2.8M
Q3 25
$10.1M
$-41.3M
Q2 25
$3.7M
Q1 25
$1.8M
Q4 24
$3.4M
Q3 24
$5.2M
$-11.2M
Q2 24
$3.9M
Q4 23
$-2.6M
FCF Margin
BKTI
BKTI
USAS
USAS
Q4 25
13.2%
Q3 25
41.3%
-216.5%
Q2 25
17.3%
Q1 25
9.6%
Q4 24
19.2%
Q3 24
25.8%
-42.2%
Q2 24
19.2%
Q4 23
-7.3%
Capex Intensity
BKTI
BKTI
USAS
USAS
Q4 25
0.7%
Q3 25
1.5%
150.8%
Q2 25
1.2%
Q1 25
1.4%
Q4 24
2.0%
Q3 24
2.2%
51.2%
Q2 24
1.0%
Q4 23
0.8%
Cash Conversion
BKTI
BKTI
USAS
USAS
Q4 25
0.71×
Q3 25
3.04×
Q2 25
1.04×
Q1 25
0.98×
Q4 24
1.04×
Q3 24
2.40×
Q2 24
2.46×
Q4 23
-7.88×

Financial Flow Comparison

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

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