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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and Vanda Pharmaceuticals Inc. (VNDA). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $57.2M, roughly 1.1× Vanda Pharmaceuticals Inc.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -246.8%, a 280.8% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 9.8%).
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.
Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing innovative therapies for central nervous system disorders. Its key marketed products cover indications including sleep-wake cycle disturbances and schizophrenia, with core operations and primary sales markets concentrated in North America, catering to patient groups with significant unmet medical needs.
CAC vs VNDA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $57.2M |
| Net Profit | $21.9M | $-141.2M |
| Gross Margin | — | — |
| Operating Margin | — | -70.5% |
| Net Margin | 34.0% | -246.8% |
| Revenue YoY | — | 7.6% |
| Net Profit YoY | — | -2774.3% |
| EPS (diluted) | $1.29 | $-2.40 |
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 | $57.2M | ||
| Q3 25 | $65.4M | $56.3M | ||
| Q2 25 | $62.3M | $52.6M | ||
| Q1 25 | $60.1M | $50.0M | ||
| Q4 24 | $47.6M | $53.2M | ||
| Q3 24 | $45.0M | $47.7M | ||
| Q2 24 | $42.8M | $50.5M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $-141.2M | ||
| Q3 25 | $21.2M | $-22.6M | ||
| Q2 25 | $14.1M | $-27.2M | ||
| Q1 25 | $7.3M | $-29.5M | ||
| Q4 24 | $14.7M | $-4.9M | ||
| Q3 24 | $13.1M | $-5.3M | ||
| Q2 24 | $12.0M | $-4.5M |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | -70.5% | ||
| Q3 25 | 40.5% | -55.6% | ||
| Q2 25 | 28.5% | -73.2% | ||
| Q1 25 | 10.3% | -82.0% | ||
| Q4 24 | 38.7% | -19.3% | ||
| Q3 24 | 35.2% | -23.1% | ||
| Q2 24 | 34.7% | -20.1% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | -246.8% | ||
| Q3 25 | 32.4% | -40.1% | ||
| Q2 25 | 22.6% | -51.7% | ||
| Q1 25 | 12.2% | -58.9% | ||
| Q4 24 | 30.8% | -9.2% | ||
| Q3 24 | 29.1% | -11.2% | ||
| Q2 24 | 28.0% | -9.0% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $-2.40 | ||
| Q3 25 | $1.25 | $-0.38 | ||
| Q2 25 | $0.83 | $-0.46 | ||
| Q1 25 | $0.43 | $-0.50 | ||
| Q4 24 | $1.00 | $-0.09 | ||
| Q3 24 | $0.90 | $-0.09 | ||
| Q2 24 | $0.81 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $84.9M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $327.2M |
| Total Assets | $7.0B | $488.9M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $84.9M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | — | $81.0M | ||
| Q1 25 | — | $111.8M | ||
| Q4 24 | — | $102.3M | ||
| Q3 24 | — | $100.5M | ||
| Q2 24 | — | $103.0M |
| 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 | $327.2M | ||
| Q3 25 | $676.4M | $466.0M | ||
| Q2 25 | $652.1M | $486.3M | ||
| Q1 25 | $640.1M | $511.4M | ||
| Q4 24 | $531.2M | $538.5M | ||
| Q3 24 | $529.9M | $541.2M | ||
| Q2 24 | $508.3M | $542.5M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $488.9M | ||
| Q3 25 | $7.0B | $601.1M | ||
| Q2 25 | $6.9B | $624.7M | ||
| Q1 25 | $7.0B | $631.9M | ||
| Q4 24 | $5.8B | $656.2M | ||
| Q3 24 | $5.7B | $645.1M | ||
| Q2 24 | $5.7B | $651.4M |
| 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 | — | $-29.4M |
| Free Cash FlowOCF − Capex | — | $-29.5M |
| FCF MarginFCF / Revenue | — | -51.6% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-110.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $-29.4M | ||
| Q3 25 | $36.1M | $-31.6M | ||
| Q2 25 | $6.0M | $-15.3M | ||
| Q1 25 | $1.0M | $-33.1M | ||
| Q4 24 | $60.9M | $-1.8M | ||
| Q3 24 | $-14.5M | $-14.6M | ||
| Q2 24 | $14.5M | $-6.9M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $-29.5M | ||
| Q3 25 | $35.4M | $-31.8M | ||
| Q2 25 | $4.5M | $-15.6M | ||
| Q1 25 | $-727.0K | $-33.6M | ||
| Q4 24 | $55.4M | $-2.0M | ||
| Q3 24 | $-16.2M | $-14.7M | ||
| Q2 24 | $13.2M | $-7.0M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | -51.6% | ||
| Q3 25 | 54.1% | -56.5% | ||
| Q2 25 | 7.3% | -29.6% | ||
| Q1 25 | -1.2% | -67.1% | ||
| Q4 24 | 116.4% | -3.8% | ||
| Q3 24 | -36.0% | -30.9% | ||
| Q2 24 | 30.8% | -13.9% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 0.2% | ||
| Q3 25 | 1.1% | 0.3% | ||
| Q2 25 | 2.4% | 0.6% | ||
| Q1 25 | 2.9% | 0.9% | ||
| Q4 24 | 11.7% | 0.4% | ||
| Q3 24 | 3.8% | 0.3% | ||
| Q2 24 | 3.0% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | — | ||
| Q2 24 | 1.21× | — |
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% |
VNDA
| Fanapt | $33.2M | 58% |
| Hetlioz | $16.4M | 29% |
| PONVORY | $7.6M | 13% |
