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Side-by-side financial comparison of Bankwell Financial Group, Inc. (BWFG) and Ginkgo Bioworks Holdings, Inc. (DNA). Click either name above to swap in a different company.

Ginkgo Bioworks Holdings, Inc. is the larger business by last-quarter revenue ($33.4M vs $30.3M, roughly 1.1× Bankwell Financial Group, Inc.). On growth, Bankwell Financial Group, Inc. posted the faster year-over-year revenue change (43.3% vs -23.8%). Bankwell Financial Group, Inc. produced more free cash flow last quarter ($27.1M vs $-47.7M). Over the past eight quarters, Bankwell Financial Group, Inc.'s revenue compounded faster (17.2% CAGR vs -6.2%).

Bankwell Financial Group, Inc. is a US-based bank holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage loans, commercial lending, and wealth management solutions. It primarily serves local communities, retail customers, and small to medium-sized enterprises across Connecticut.

Ginkgo Bioworks Holdings, Inc. is an American biotech company founded in 2008 by five scientists from MIT, headed by Jason Kelly. The company specializes in using genetic engineering to produce bacteria with industrial applications for other biotech companies, saving other companies the cost of reproducing the initial stages of design in synthetic biology. The self-proclaimed "Organism Company" was one of the world's largest privately held biotech companies, valued at $4.2 billion in 2019. It...

BWFG vs DNA — Head-to-Head

Bigger by revenue
DNA
DNA
1.1× larger
DNA
$33.4M
$30.3M
BWFG
Growing faster (revenue YoY)
BWFG
BWFG
+67.1% gap
BWFG
43.3%
-23.8%
DNA
More free cash flow
BWFG
BWFG
$74.8M more FCF
BWFG
$27.1M
$-47.7M
DNA
Faster 2-yr revenue CAGR
BWFG
BWFG
Annualised
BWFG
17.2%
-6.2%
DNA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWFG
BWFG
DNA
DNA
Revenue
$30.3M
$33.4M
Net Profit
Gross Margin
Operating Margin
46.9%
-211.9%
Net Margin
Revenue YoY
43.3%
-23.8%
Net Profit YoY
EPS (diluted)
$1.16
$-1.41

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
BWFG
BWFG
DNA
DNA
Q4 25
$30.3M
$33.4M
Q3 25
$28.5M
$38.8M
Q2 25
$25.9M
$49.6M
Q1 25
$23.6M
$48.3M
Q4 24
$21.2M
$43.8M
Q3 24
$21.9M
$89.0M
Q2 24
$21.9M
$56.2M
Q1 24
$22.1M
$37.9M
Net Profit
BWFG
BWFG
DNA
DNA
Q4 25
Q3 25
$10.1M
$-80.8M
Q2 25
$9.1M
$-60.3M
Q1 25
$6.9M
$-91.0M
Q4 24
Q3 24
$1.9M
$-56.4M
Q2 24
$1.1M
$-217.2M
Q1 24
$3.8M
$-165.9M
Operating Margin
BWFG
BWFG
DNA
DNA
Q4 25
46.9%
-211.9%
Q3 25
47.3%
-231.8%
Q2 25
45.5%
-132.1%
Q1 25
38.0%
-184.1%
Q4 24
19.2%
-236.3%
Q3 24
12.4%
-62.0%
Q2 24
6.7%
-396.7%
Q1 24
23.0%
-469.1%
Net Margin
BWFG
BWFG
DNA
DNA
Q4 25
Q3 25
35.4%
-207.9%
Q2 25
35.0%
-121.6%
Q1 25
29.2%
-188.2%
Q4 24
Q3 24
8.8%
-63.3%
Q2 24
5.1%
-386.4%
Q1 24
17.1%
-437.3%
EPS (diluted)
BWFG
BWFG
DNA
DNA
Q4 25
$1.16
$-1.41
Q3 25
$1.27
$-1.45
Q2 25
$1.15
$-1.10
Q1 25
$0.87
$-1.68
Q4 24
$0.37
$-1.91
Q3 24
$0.24
$-1.08
Q2 24
$0.14
$-4.23
Q1 24
$0.48
$-3.32

Balance Sheet & Financial Strength

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

Metric
BWFG
BWFG
DNA
DNA
Cash + ST InvestmentsLiquidity on hand
$192.1M
$422.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.5M
$508.6M
Total Assets
$3.4B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWFG
BWFG
DNA
DNA
Q4 25
$192.1M
$422.6M
Q3 25
$128.2M
$495.5M
Q2 25
$142.6M
$559.4M
Q1 25
$136.0M
$325.3M
Q4 24
$146.1M
$561.6M
Q3 24
$145.9M
$616.2M
Q2 24
$138.0M
$730.4M
Q1 24
$126.2M
$840.4M
Stockholders' Equity
BWFG
BWFG
DNA
DNA
Q4 25
$301.5M
$508.6M
Q3 25
$292.8M
$559.8M
Q2 25
$283.3M
$613.0M
Q1 25
$275.2M
$647.4M
Q4 24
$270.5M
$716.1M
Q3 24
$267.9M
$797.9M
Q2 24
$267.0M
$833.1M
Q1 24
$268.0M
$987.3M
Total Assets
BWFG
BWFG
DNA
DNA
Q4 25
$3.4B
$1.1B
Q3 25
$3.2B
$1.2B
Q2 25
$3.2B
$1.2B
Q1 25
$3.2B
$1.3B
Q4 24
$3.3B
$1.4B
Q3 24
$3.2B
$1.5B
Q2 24
$3.1B
$1.6B
Q1 24
$3.2B
$1.6B

Cash Flow & Capital Efficiency

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

Metric
BWFG
BWFG
DNA
DNA
Operating Cash FlowLast quarter
$28.3M
$-47.7M
Free Cash FlowOCF − Capex
$27.1M
$-47.7M
FCF MarginFCF / Revenue
89.5%
-142.8%
Capex IntensityCapex / Revenue
3.8%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$47.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWFG
BWFG
DNA
DNA
Q4 25
$28.3M
$-47.7M
Q3 25
$10.3M
$-31.6M
Q2 25
$6.5M
$-40.3M
Q1 25
$3.9M
$-51.5M
Q4 24
$29.9M
$-42.4M
Q3 24
$-557.0K
$-103.5M
Q2 24
$7.1M
$-84.4M
Q1 24
$9.0M
$-89.3M
Free Cash Flow
BWFG
BWFG
DNA
DNA
Q4 25
$27.1M
$-47.7M
Q3 25
$9.9M
Q2 25
$6.1M
$-40.3M
Q1 25
$3.8M
$-59.1M
Q4 24
$29.3M
$-56.1M
Q3 24
$-672.0K
$-118.6M
Q2 24
$6.8M
$-111.4M
Q1 24
$8.9M
$-96.0M
FCF Margin
BWFG
BWFG
DNA
DNA
Q4 25
89.5%
-142.8%
Q3 25
34.9%
Q2 25
23.5%
-81.2%
Q1 25
16.2%
-122.4%
Q4 24
138.6%
-128.0%
Q3 24
-3.1%
-133.2%
Q2 24
31.0%
-198.2%
Q1 24
40.5%
-252.9%
Capex Intensity
BWFG
BWFG
DNA
DNA
Q4 25
3.8%
0.0%
Q3 25
1.4%
0.0%
Q2 25
1.5%
0.1%
Q1 25
0.4%
15.8%
Q4 24
2.9%
31.3%
Q3 24
0.5%
16.9%
Q2 24
1.7%
48.1%
Q1 24
0.4%
17.7%
Cash Conversion
BWFG
BWFG
DNA
DNA
Q4 25
Q3 25
1.03×
Q2 25
0.71×
Q1 25
0.57×
Q4 24
Q3 24
-0.29×
Q2 24
6.39×
Q1 24
2.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWFG
BWFG

Segment breakdown not available.

DNA
DNA

Cell Engineering Segment$26.0M78%
Other$7.4M22%

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