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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and Lifeway Foods, Inc. (LWAY). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $55.4M, roughly 1.2× Lifeway Foods, Inc.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 4.6%, a 29.4% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 11.4%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
CAC vs LWAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $55.4M |
| Net Profit | $21.9M | $2.5M |
| Gross Margin | — | 27.8% |
| Operating Margin | — | 6.8% |
| Net Margin | 34.0% | 4.6% |
| Revenue YoY | — | 18.0% |
| Net Profit YoY | — | 1688.1% |
| EPS (diluted) | $1.29 | $0.15 |
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.
| Q1 26 | $64.3M | — | ||
| Q4 25 | $68.1M | $55.4M | ||
| Q3 25 | $65.4M | $57.1M | ||
| Q2 25 | $62.3M | $53.9M | ||
| Q1 25 | $60.1M | $46.1M | ||
| Q4 24 | $47.6M | $46.9M | ||
| Q3 24 | $45.0M | $46.1M | ||
| Q2 24 | $42.8M | $49.2M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $2.5M | ||
| Q3 25 | $21.2M | $3.5M | ||
| Q2 25 | $14.1M | $4.2M | ||
| Q1 25 | $7.3M | $3.5M | ||
| Q4 24 | $14.7M | $-160.0K | ||
| Q3 24 | $13.1M | $3.0M | ||
| Q2 24 | $12.0M | $3.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 27.8% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.7% | ||
| Q2 24 | — | 27.0% |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 6.8% | ||
| Q3 25 | 40.5% | 8.8% | ||
| Q2 25 | 28.5% | 10.8% | ||
| Q1 25 | 10.3% | 3.4% | ||
| Q4 24 | 38.7% | 1.5% | ||
| Q3 24 | 35.2% | 9.1% | ||
| Q2 24 | 34.7% | 11.0% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | 4.6% | ||
| Q3 25 | 32.4% | 6.2% | ||
| Q2 25 | 22.6% | 7.9% | ||
| Q1 25 | 12.2% | 7.7% | ||
| Q4 24 | 30.8% | -0.3% | ||
| Q3 24 | 29.1% | 6.5% | ||
| Q2 24 | 28.0% | 7.7% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $0.15 | ||
| Q3 25 | $1.25 | $0.23 | ||
| Q2 25 | $0.83 | $0.28 | ||
| Q1 25 | $0.43 | $0.23 | ||
| Q4 24 | $1.00 | $0.00 | ||
| Q3 24 | $0.90 | $0.19 | ||
| Q2 24 | $0.81 | $0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $5.6M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $85.8M |
| Total Assets | $7.0B | $105.6M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $5.6M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | — | $21.2M | ||
| Q1 25 | — | $19.4M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | — | $20.6M | ||
| Q2 24 | — | $14.6M |
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $85.8M | ||
| Q3 25 | $676.4M | $82.8M | ||
| Q2 25 | $652.1M | $78.7M | ||
| Q1 25 | $640.1M | $74.2M | ||
| Q4 24 | $531.2M | $71.9M | ||
| Q3 24 | $529.9M | $71.5M | ||
| Q2 24 | $508.3M | $68.0M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $105.6M | ||
| Q3 25 | $7.0B | $109.5M | ||
| Q2 25 | $6.9B | $98.3M | ||
| Q1 25 | $7.0B | $93.7M | ||
| Q4 24 | $5.8B | $90.5M | ||
| Q3 24 | $5.7B | $91.3M | ||
| Q2 24 | $5.7B | $84.9M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $267.0K |
| Free Cash FlowOCF − Capex | — | $-17.4M |
| FCF MarginFCF / Revenue | — | -31.5% |
| Capex IntensityCapex / Revenue | — | 31.9% |
| Cash ConversionOCF / Net Profit | — | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $267.0K | ||
| Q3 25 | $36.1M | $6.9M | ||
| Q2 25 | $6.0M | $3.9M | ||
| Q1 25 | $1.0M | $-150.0K | ||
| Q4 24 | $60.9M | $-2.6M | ||
| Q3 24 | $-14.5M | $7.5M | ||
| Q2 24 | $14.5M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $-17.4M | ||
| Q3 25 | $35.4M | $1.8M | ||
| Q2 25 | $4.5M | $1.6M | ||
| Q1 25 | $-727.0K | $-2.4M | ||
| Q4 24 | $55.4M | $-3.8M | ||
| Q3 24 | $-16.2M | $5.9M | ||
| Q2 24 | $13.2M | $5.1M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | -31.5% | ||
| Q3 25 | 54.1% | 3.1% | ||
| Q2 25 | 7.3% | 3.0% | ||
| Q1 25 | -1.2% | -5.1% | ||
| Q4 24 | 116.4% | -8.2% | ||
| Q3 24 | -36.0% | 12.8% | ||
| Q2 24 | 30.8% | 10.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 31.9% | ||
| Q3 25 | 1.1% | 9.0% | ||
| Q2 25 | 2.4% | 4.3% | ||
| Q1 25 | 2.9% | 4.8% | ||
| Q4 24 | 11.7% | 2.7% | ||
| Q3 24 | 3.8% | 3.3% | ||
| Q2 24 | 3.0% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | 0.11× | ||
| Q3 25 | 1.70× | 1.96× | ||
| Q2 25 | 0.43× | 0.92× | ||
| Q1 25 | 0.14× | -0.04× | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | 2.50× | ||
| Q2 24 | 1.21× | 1.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
