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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and CARRIAGE SERVICES INC (CSV). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($276.3M vs $105.5M, roughly 2.6× CARRIAGE SERVICES INC). PATHWARD FINANCIAL, INC. runs the higher net margin — 26.4% vs 11.6%, a 14.8% gap on every dollar of revenue. Over the past eight quarters, PATHWARD FINANCIAL, INC.'s revenue compounded faster (21.0% CAGR vs 1.0%).
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
CASH vs CSV — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $276.3M | $105.5M |
| Net Profit | $72.9M | $12.3M |
| Gross Margin | — | 34.8% |
| Operating Margin | — | 23.3% |
| Net Margin | 26.4% | 11.6% |
| Revenue YoY | — | 8.0% |
| Net Profit YoY | — | 24.5% |
| EPS (diluted) | $3.35 | $0.76 |
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 | $276.3M | — | ||
| Q4 25 | $173.1M | $105.5M | ||
| Q3 25 | $186.7M | $102.7M | ||
| Q2 25 | $195.8M | $102.1M | ||
| Q1 25 | $274.8M | $107.1M | ||
| Q4 24 | $182.6M | $97.7M | ||
| Q3 24 | $179.5M | $100.7M | ||
| Q2 24 | $188.6M | $102.3M |
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $12.3M | ||
| Q3 25 | $38.8M | $6.6M | ||
| Q2 25 | $42.1M | $11.7M | ||
| Q1 25 | $75.0M | $20.9M | ||
| Q4 24 | $30.0M | $9.9M | ||
| Q3 24 | $33.5M | $9.9M | ||
| Q2 24 | $44.9M | $6.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 36.2% |
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 23.3% | ||
| Q3 25 | 25.9% | 17.0% | ||
| Q2 25 | 24.1% | 23.5% | ||
| Q1 25 | 33.2% | 29.5% | ||
| Q4 24 | 19.8% | 21.6% | ||
| Q3 24 | 20.9% | 22.7% | ||
| Q2 24 | 27.1% | 18.0% |
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 11.6% | ||
| Q3 25 | 20.8% | 6.4% | ||
| Q2 25 | 21.5% | 11.5% | ||
| Q1 25 | 27.3% | 19.5% | ||
| Q4 24 | 16.4% | 10.1% | ||
| Q3 24 | 18.7% | 9.8% | ||
| Q2 24 | 23.8% | 6.1% |
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.76 | ||
| Q3 25 | $1.69 | $0.41 | ||
| Q2 25 | $1.81 | $0.74 | ||
| Q1 25 | $3.14 | $1.34 | ||
| Q4 24 | $1.23 | $0.62 | ||
| Q3 24 | $1.34 | $0.63 | ||
| Q2 24 | $1.78 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.6M | $1.7M |
| Total DebtLower is stronger | $59.5M | — |
| Stockholders' EquityBook value | $850.7M | $254.8M |
| Total Assets | $7.1B | $1.3B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $1.7M | ||
| Q3 25 | $120.6M | $1.2M | ||
| Q2 25 | $258.3M | $1.4M | ||
| Q1 25 | $254.2M | $4.6M | ||
| Q4 24 | $597.4M | $1.2M | ||
| Q3 24 | $158.3M | $1.3M | ||
| Q2 24 | $298.9M | $1.5M |
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | — | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — |
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | $254.8M | ||
| Q3 25 | $858.0M | $242.1M | ||
| Q2 25 | $819.0M | $235.4M | ||
| Q1 25 | $814.7M | $223.1M | ||
| Q4 24 | $758.3M | $208.6M | ||
| Q3 24 | $822.5M | $198.1M | ||
| Q2 24 | $748.4M | $187.9M |
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $1.3B | ||
| Q3 25 | $7.2B | $1.3B | ||
| Q2 25 | $7.2B | $1.3B | ||
| Q1 25 | $7.0B | $1.3B | ||
| Q4 24 | $7.6B | $1.3B | ||
| Q3 24 | $7.5B | $1.3B | ||
| Q2 24 | $7.5B | $1.3B |
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — |
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 | — | $14.1M |
| Free Cash FlowOCF − Capex | — | $6.2M |
| FCF MarginFCF / Revenue | — | 5.9% |
| Capex IntensityCapex / Revenue | — | 7.5% |
| Cash ConversionOCF / Net Profit | — | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $14.1M | ||
| Q3 25 | $303.7M | $24.7M | ||
| Q2 25 | $30.4M | $8.1M | ||
| Q1 25 | $188.3M | $13.8M | ||
| Q4 24 | $-71.7M | $9.3M | ||
| Q3 24 | $143.1M | $20.9M | ||
| Q2 24 | $113.2M | $2.2M |
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $6.2M | ||
| Q3 25 | $300.3M | $18.0M | ||
| Q2 25 | $27.7M | $5.2M | ||
| Q1 25 | $184.7M | $10.6M | ||
| Q4 24 | $-73.8M | $4.9M | ||
| Q3 24 | $138.8M | $16.2M | ||
| Q2 24 | $111.0M | $-1.4M |
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 5.9% | ||
| Q3 25 | 160.9% | 17.5% | ||
| Q2 25 | 14.1% | 5.1% | ||
| Q1 25 | 67.2% | 9.9% | ||
| Q4 24 | -40.4% | 5.0% | ||
| Q3 24 | 77.3% | 16.1% | ||
| Q2 24 | 58.8% | -1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 7.5% | ||
| Q3 25 | 1.8% | 6.5% | ||
| Q2 25 | 1.4% | 2.8% | ||
| Q1 25 | 1.3% | 3.0% | ||
| Q4 24 | 1.1% | 4.5% | ||
| Q3 24 | 2.4% | 4.6% | ||
| Q2 24 | 1.2% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 1.15× | ||
| Q3 25 | 7.83× | 3.76× | ||
| Q2 25 | 0.72× | 0.69× | ||
| Q1 25 | 2.51× | 0.66× | ||
| Q4 24 | -2.39× | 0.94× | ||
| Q3 24 | 4.27× | 2.11× | ||
| Q2 24 | 2.52× | 0.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
