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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and TSS, Inc. (TSSI). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $60.9M, roughly 1.1× TSS, Inc.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 20.0%, a 14.0% gap on every dollar of revenue. Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% CAGR vs 22.6%).
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.
CAC vs TSSI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $60.9M |
| Net Profit | $21.9M | $12.2M |
| Gross Margin | — | 17.6% |
| Operating Margin | — | 1.5% |
| Net Margin | 34.0% | 20.0% |
| Revenue YoY | — | 21.8% |
| Net Profit YoY | — | 535.7% |
| EPS (diluted) | $1.29 | $0.44 |
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 | $60.9M | ||
| Q3 25 | $65.4M | $41.9M | ||
| Q2 25 | $62.3M | $44.0M | ||
| Q1 25 | $60.1M | $99.0M | ||
| Q4 24 | $47.6M | $50.0M | ||
| Q3 24 | $45.0M | $70.1M | ||
| Q2 24 | $42.8M | $12.2M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $12.2M | ||
| Q3 25 | $21.2M | $-1.5M | ||
| Q2 25 | $14.1M | $1.5M | ||
| Q1 25 | $7.3M | $3.0M | ||
| Q4 24 | $14.7M | $1.9M | ||
| Q3 24 | $13.1M | $2.6M | ||
| Q2 24 | $12.0M | $1.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 11.3% | ||
| Q2 24 | — | 37.3% |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 1.5% | ||
| Q3 25 | 40.5% | -2.2% | ||
| Q2 25 | 28.5% | 5.1% | ||
| Q1 25 | 10.3% | 4.2% | ||
| Q4 24 | 38.7% | 0.0% | ||
| Q3 24 | 35.2% | 5.4% | ||
| Q2 24 | 34.7% | 14.0% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | 20.0% | ||
| Q3 25 | 32.4% | -3.6% | ||
| Q2 25 | 22.6% | 3.4% | ||
| Q1 25 | 12.2% | 3.0% | ||
| Q4 24 | 30.8% | 3.8% | ||
| Q3 24 | 29.1% | 3.8% | ||
| Q2 24 | 28.0% | 11.5% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $0.44 | ||
| Q3 25 | $1.25 | $-0.06 | ||
| Q2 25 | $0.83 | $0.06 | ||
| Q1 25 | $0.43 | $0.12 | ||
| Q4 24 | $1.00 | $0.08 | ||
| Q3 24 | $0.90 | $0.10 | ||
| Q2 24 | $0.81 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $85.5M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $76.6M |
| Total Assets | $7.0B | $184.9M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $85.5M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | — | $46.4M | ||
| Q2 24 | — | $8.3M |
| 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 | $76.6M | ||
| Q3 25 | $676.4M | $63.4M | ||
| Q2 25 | $652.1M | $9.5M | ||
| Q1 25 | $640.1M | $9.4M | ||
| Q4 24 | $531.2M | $7.1M | ||
| Q3 24 | $529.9M | $7.7M | ||
| Q2 24 | $508.3M | $5.2M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $184.9M | ||
| Q3 25 | $7.0B | $165.4M | ||
| Q2 25 | $6.9B | $139.5M | ||
| Q1 25 | $7.0B | $113.5M | ||
| Q4 24 | $5.8B | $96.6M | ||
| Q3 24 | $5.7B | $67.3M | ||
| Q2 24 | $5.7B | $28.9M |
| 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 | — | $16.3M |
| Free Cash FlowOCF − Capex | — | $15.8M |
| FCF MarginFCF / Revenue | — | 25.9% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $16.3M | ||
| Q3 25 | $36.1M | $-18.4M | ||
| Q2 25 | $6.0M | $16.3M | ||
| Q1 25 | $1.0M | $20.6M | ||
| Q4 24 | $60.9M | $-21.6M | ||
| Q3 24 | $-14.5M | $38.6M | ||
| Q2 24 | $14.5M | $-4.3M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $15.8M | ||
| Q3 25 | $35.4M | $-24.9M | ||
| Q2 25 | $4.5M | $5.4M | ||
| Q1 25 | $-727.0K | $5.8M | ||
| Q4 24 | $55.4M | $-28.4M | ||
| Q3 24 | $-16.2M | $38.6M | ||
| Q2 24 | $13.2M | $-6.0M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | 25.9% | ||
| Q3 25 | 54.1% | -59.3% | ||
| Q2 25 | 7.3% | 12.3% | ||
| Q1 25 | -1.2% | 5.8% | ||
| Q4 24 | 116.4% | -56.7% | ||
| Q3 24 | -36.0% | 55.1% | ||
| Q2 24 | 30.8% | -49.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 0.9% | ||
| Q3 25 | 1.1% | 15.3% | ||
| Q2 25 | 2.4% | 24.8% | ||
| Q1 25 | 2.9% | 15.0% | ||
| Q4 24 | 11.7% | 13.4% | ||
| Q3 24 | 3.8% | 0.1% | ||
| Q2 24 | 3.0% | 13.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | 1.34× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 0.43× | 11.02× | ||
| Q1 25 | 0.14× | 6.93× | ||
| Q4 24 | 4.15× | -11.32× | ||
| Q3 24 | -1.11× | 14.60× | ||
| Q2 24 | 1.21× | -3.09× |
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% |
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
