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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Clarus Corp (CLAR). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $65.4M, roughly 1.7× Clarus Corp). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -47.8%, a 81.2% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -8.4%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -2.9%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

BY vs CLAR — Head-to-Head

Bigger by revenue
BY
BY
1.7× larger
BY
$112.4M
$65.4M
CLAR
Growing faster (revenue YoY)
BY
BY
+17.4% gap
BY
9.0%
-8.4%
CLAR
Higher net margin
BY
BY
81.2% more per $
BY
33.4%
-47.8%
CLAR
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-2.9%
CLAR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
CLAR
CLAR
Revenue
$112.4M
$65.4M
Net Profit
$37.6M
$-31.3M
Gross Margin
27.7%
Operating Margin
-59.6%
Net Margin
33.4%
-47.8%
Revenue YoY
9.0%
-8.4%
Net Profit YoY
33.0%
52.3%
EPS (diluted)
$0.83
$-0.81

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
BY
BY
CLAR
CLAR
Q1 26
$112.4M
Q4 25
$117.0M
$65.4M
Q3 25
$115.7M
$69.3M
Q2 25
$110.5M
$55.2M
Q1 25
$103.1M
$60.4M
Q4 24
$104.7M
$71.4M
Q3 24
$101.8M
$67.1M
Q2 24
$99.4M
$56.5M
Net Profit
BY
BY
CLAR
CLAR
Q1 26
$37.6M
Q4 25
$34.5M
$-31.3M
Q3 25
$37.2M
$-1.6M
Q2 25
$30.1M
$-8.4M
Q1 25
$28.2M
$-5.2M
Q4 24
$30.3M
$-65.5M
Q3 24
$30.3M
$-3.2M
Q2 24
$29.7M
$-5.5M
Gross Margin
BY
BY
CLAR
CLAR
Q1 26
Q4 25
27.7%
Q3 25
35.1%
Q2 25
35.6%
Q1 25
34.4%
Q4 24
33.4%
Q3 24
35.0%
Q2 24
36.1%
Operating Margin
BY
BY
CLAR
CLAR
Q1 26
Q4 25
40.1%
-59.6%
Q3 25
43.1%
-4.4%
Q2 25
35.2%
-19.7%
Q1 25
36.4%
-11.2%
Q4 24
38.6%
-70.2%
Q3 24
39.3%
-8.0%
Q2 24
40.4%
-14.4%
Net Margin
BY
BY
CLAR
CLAR
Q1 26
33.4%
Q4 25
34.1%
-47.8%
Q3 25
32.1%
-2.3%
Q2 25
27.2%
-15.3%
Q1 25
27.4%
-8.7%
Q4 24
34.3%
-91.8%
Q3 24
29.8%
-4.7%
Q2 24
29.9%
-9.7%
EPS (diluted)
BY
BY
CLAR
CLAR
Q1 26
$0.83
Q4 25
$0.77
$-0.81
Q3 25
$0.82
$-0.04
Q2 25
$0.66
$-0.22
Q1 25
$0.64
$-0.14
Q4 24
$0.68
$-1.72
Q3 24
$0.69
$-0.08
Q2 24
$0.68
$-0.14

Balance Sheet & Financial Strength

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

Metric
BY
BY
CLAR
CLAR
Cash + ST InvestmentsLiquidity on hand
$198.4M
$36.7M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$1.3B
$196.4M
Total Assets
$9.9B
$249.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
CLAR
CLAR
Q1 26
$198.4M
Q4 25
$149.1M
$36.7M
Q3 25
$259.0M
$29.5M
Q2 25
$218.3M
$28.5M
Q1 25
$421.3M
$41.3M
Q4 24
$563.1M
$45.4M
Q3 24
$452.6M
$36.4M
Q2 24
$730.5M
$46.2M
Total Debt
BY
BY
CLAR
CLAR
Q1 26
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
Q3 24
Q2 24
Stockholders' Equity
BY
BY
CLAR
CLAR
Q1 26
$1.3B
Q4 25
$1.3B
$196.4M
Q3 25
$1.2B
$225.8M
Q2 25
$1.2B
$225.1M
Q1 25
$1.1B
$229.3M
Q4 24
$1.1B
$233.1M
Q3 24
$1.1B
$308.5M
Q2 24
$1.0B
$307.3M
Total Assets
BY
BY
CLAR
CLAR
Q1 26
$9.9B
Q4 25
$9.7B
$249.0M
Q3 25
$9.8B
$283.1M
Q2 25
$9.7B
$286.5M
Q1 25
$9.6B
$292.8M
Q4 24
$9.5B
$294.1M
Q3 24
$9.4B
$375.3M
Q2 24
$9.6B
$369.4M
Debt / Equity
BY
BY
CLAR
CLAR
Q1 26
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BY
BY
CLAR
CLAR
Operating Cash FlowLast quarter
$12.5M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
17.7%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
CLAR
CLAR
Q1 26
Q4 25
$140.3M
$12.5M
Q3 25
$38.3M
$-5.7M
Q2 25
$16.3M
$-9.4M
Q1 25
$27.1M
$-2.1M
Q4 24
$175.2M
$16.6M
Q3 24
$19.8M
$-8.3M
Q2 24
$40.1M
$834.0K
Free Cash Flow
BY
BY
CLAR
CLAR
Q1 26
Q4 25
$136.3M
$11.6M
Q3 25
$38.0M
$-7.0M
Q2 25
$15.2M
$-11.3M
Q1 25
$25.0M
$-3.3M
Q4 24
$171.2M
$14.4M
Q3 24
$19.1M
$-9.4M
Q2 24
$39.4M
$-744.0K
FCF Margin
BY
BY
CLAR
CLAR
Q1 26
Q4 25
116.5%
17.7%
Q3 25
32.8%
-10.0%
Q2 25
13.7%
-20.4%
Q1 25
24.3%
-5.4%
Q4 24
163.5%
20.1%
Q3 24
18.8%
-14.0%
Q2 24
39.7%
-1.3%
Capex Intensity
BY
BY
CLAR
CLAR
Q1 26
Q4 25
3.4%
1.4%
Q3 25
0.3%
1.8%
Q2 25
1.0%
3.4%
Q1 25
2.0%
2.0%
Q4 24
3.8%
3.1%
Q3 24
0.6%
1.6%
Q2 24
0.7%
2.8%
Cash Conversion
BY
BY
CLAR
CLAR
Q1 26
Q4 25
4.06×
Q3 25
1.03×
Q2 25
0.54×
Q1 25
0.96×
Q4 24
5.78×
Q3 24
0.65×
Q2 24
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

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