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Side-by-side financial comparison of Bridgewater Bancshares Inc (BWB) and INTEST CORP (INTT). Click either name above to swap in a different company.

Bridgewater Bancshares Inc is the larger business by last-quarter revenue ($46.2M vs $32.8M, roughly 1.4× INTEST CORP). Bridgewater Bancshares Inc runs the higher net margin — 37.7% vs 3.8%, a 33.9% gap on every dollar of revenue. Over the past eight quarters, Bridgewater Bancshares Inc's revenue compounded faster (31.4% CAGR vs 4.9%).

Bridgewater Bancshares Inc. is a regional bank holding company headquartered in Minnesota, U.S. It offers a full suite of commercial and retail banking services including business loans, deposit products, residential mortgages, and personal banking solutions, primarily serving SMEs, individual consumers and local commercial clients in its operating areas.

INTTEST Corp designs, manufactures and distributes precision test and process control solutions for the global semiconductor manufacturing ecosystem. Its offerings include thermal management systems, test interface hardware, and wafer handling tools, serving semiconductor fabs, chip design firms, and automotive and industrial electronics end segments.

BWB vs INTT — Head-to-Head

Bigger by revenue
BWB
BWB
1.4× larger
BWB
$46.2M
$32.8M
INTT
Higher net margin
BWB
BWB
33.9% more per $
BWB
37.7%
3.8%
INTT
Faster 2-yr revenue CAGR
BWB
BWB
Annualised
BWB
31.4%
4.9%
INTT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BWB
BWB
INTT
INTT
Revenue
$46.2M
$32.8M
Net Profit
$17.4M
$1.2M
Gross Margin
45.4%
Operating Margin
3.9%
Net Margin
37.7%
3.8%
Revenue YoY
-10.3%
Net Profit YoY
80.7%
-17.4%
EPS (diluted)
$0.58
$0.10

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
BWB
BWB
INTT
INTT
Q1 26
$46.2M
Q4 25
$38.8M
$32.8M
Q3 25
$36.2M
$26.2M
Q2 25
$36.1M
$28.1M
Q1 25
$32.3M
$26.6M
Q4 24
$29.5M
$36.6M
Q3 24
$27.1M
$30.3M
Q2 24
$26.8M
$34.0M
Net Profit
BWB
BWB
INTT
INTT
Q1 26
$17.4M
Q4 25
$13.3M
$1.2M
Q3 25
$11.6M
$-938.0K
Q2 25
$11.5M
$-503.0K
Q1 25
$9.6M
$-2.3M
Q4 24
$8.2M
$1.5M
Q3 24
$8.7M
$495.0K
Q2 24
$8.1M
$230.0K
Gross Margin
BWB
BWB
INTT
INTT
Q1 26
Q4 25
45.4%
Q3 25
41.9%
Q2 25
42.6%
Q1 25
41.5%
Q4 24
39.7%
Q3 24
46.3%
Q2 24
40.6%
Operating Margin
BWB
BWB
INTT
INTT
Q1 26
Q4 25
44.2%
3.9%
Q3 25
41.8%
-4.5%
Q2 25
42.0%
-3.3%
Q1 25
39.2%
-10.8%
Q4 24
35.6%
5.7%
Q3 24
41.9%
1.6%
Q2 24
39.7%
1.0%
Net Margin
BWB
BWB
INTT
INTT
Q1 26
37.7%
Q4 25
34.3%
3.8%
Q3 25
32.1%
-3.6%
Q2 25
31.9%
-1.8%
Q1 25
29.8%
-8.7%
Q4 24
27.8%
4.1%
Q3 24
32.0%
1.6%
Q2 24
30.3%
0.7%
EPS (diluted)
BWB
BWB
INTT
INTT
Q1 26
$0.58
Q4 25
$0.42
$0.10
Q3 25
$0.38
$-0.08
Q2 25
$0.38
$-0.04
Q1 25
$0.31
$-0.19
Q4 24
$0.26
$0.13
Q3 24
$0.27
$0.04
Q2 24
$0.26
$0.02

Balance Sheet & Financial Strength

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

Metric
BWB
BWB
INTT
INTT
Cash + ST InvestmentsLiquidity on hand
$222.2M
$14.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$528.4M
$103.6M
Total Assets
$5.3B
$151.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWB
BWB
INTT
INTT
Q1 26
$222.2M
Q4 25
$123.5M
$14.2M
Q3 25
$131.8M
$16.2M
Q2 25
$217.5M
$19.2M
Q1 25
$166.2M
$22.0M
Q4 24
$229.8M
$19.8M
Q3 24
$191.9M
$18.0M
Q2 24
$134.1M
$20.4M
Total Debt
BWB
BWB
INTT
INTT
Q1 26
Q4 25
Q3 25
$4.9M
Q2 25
$5.9M
Q1 25
$6.9M
Q4 24
$7.9M
Q3 24
$9.0M
Q2 24
$10.0M
Stockholders' Equity
BWB
BWB
INTT
INTT
Q1 26
$528.4M
Q4 25
$517.1M
$103.6M
Q3 25
$497.5M
$101.9M
Q2 25
$476.3M
$102.6M
Q1 25
$469.0M
$99.4M
Q4 24
$457.9M
$99.8M
Q3 24
$452.2M
$100.4M
Q2 24
$439.2M
$99.5M
Total Assets
BWB
BWB
INTT
INTT
Q1 26
$5.3B
Q4 25
$5.4B
$151.3M
Q3 25
$5.4B
$148.3M
Q2 25
$5.3B
$149.7M
Q1 25
$5.1B
$148.0M
Q4 24
$5.1B
$152.3M
Q3 24
$4.7B
$158.4M
Q2 24
$4.7B
$160.6M
Debt / Equity
BWB
BWB
INTT
INTT
Q1 26
Q4 25
Q3 25
0.05×
Q2 25
0.06×
Q1 25
0.07×
Q4 24
0.08×
Q3 24
0.09×
Q2 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
BWB
BWB
INTT
INTT
Operating Cash FlowLast quarter
$-1.0M
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-4.7%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.82×
TTM Free Cash FlowTrailing 4 quarters
$5.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWB
BWB
INTT
INTT
Q1 26
Q4 25
$27.8M
$-1.0M
Q3 25
$9.4M
$3.5M
Q2 25
$4.0M
$-688.0K
Q1 25
$7.5M
$5.5M
Q4 24
$46.4M
$2.6M
Q3 24
$-6.0M
$4.2M
Q2 24
$10.6M
$-5.1M
Free Cash Flow
BWB
BWB
INTT
INTT
Q1 26
Q4 25
$22.0M
$-1.6M
Q3 25
$7.8M
$3.1M
Q2 25
$2.8M
$-1.1M
Q1 25
$6.9M
$5.3M
Q4 24
$42.3M
$2.4M
Q3 24
$-6.5M
$3.7M
Q2 24
$10.4M
$-5.4M
FCF Margin
BWB
BWB
INTT
INTT
Q1 26
Q4 25
56.6%
-4.7%
Q3 25
21.5%
11.8%
Q2 25
7.8%
-4.1%
Q1 25
21.5%
19.9%
Q4 24
143.4%
6.6%
Q3 24
-23.8%
12.4%
Q2 24
38.9%
-15.9%
Capex Intensity
BWB
BWB
INTT
INTT
Q1 26
Q4 25
15.1%
1.6%
Q3 25
4.4%
1.6%
Q2 25
3.2%
1.6%
Q1 25
1.7%
0.9%
Q4 24
13.8%
0.4%
Q3 24
1.7%
1.7%
Q2 24
0.7%
0.9%
Cash Conversion
BWB
BWB
INTT
INTT
Q1 26
Q4 25
2.09×
-0.82×
Q3 25
0.81×
Q2 25
0.35×
Q1 25
0.77×
Q4 24
5.65×
1.72×
Q3 24
-0.69×
8.58×
Q2 24
1.31×
-22.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWB
BWB

Net Interest Income$36.6M79%
Noninterest Income$9.6M21%

INTT
INTT

Environmental Technologies$8.3M25%
Semiconductor Market$6.9M21%
Thermal Testing Products$6.4M19%
Service And Other Products$4.8M15%
Oem Integrators And Distributor$3.5M11%
Semiconductor Production Test Products$3.0M9%

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