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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and JFrog Ltd (FROG). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $145.3M, roughly 1.2× JFrog Ltd). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs -10.5%, a 30.8% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -0.2%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $49.9M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -18.0%).
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.
JFrog Ltd is a global DevOps technology provider that delivers end-to-end software release, artifact management, and security solutions. It serves clients across tech, finance, retail, and manufacturing sectors, helping teams streamline development and delivery workflows for cloud, on-premises, and hybrid infrastructure.
CASH vs FROG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $145.3M |
| Net Profit | $35.2M | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | 24.6% | -14.7% |
| Net Margin | 20.3% | -10.5% |
| Revenue YoY | -0.2% | 25.2% |
| Net Profit YoY | 11.9% | 34.4% |
| EPS (diluted) | $1.57 | $-0.13 |
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.
| Q4 25 | $173.1M | $145.3M | ||
| Q3 25 | $186.7M | $136.9M | ||
| Q2 25 | $195.8M | $127.2M | ||
| Q1 25 | $274.8M | $122.4M | ||
| Q4 24 | $182.6M | $116.1M | ||
| Q3 24 | $179.5M | $109.1M | ||
| Q2 24 | $188.6M | $103.0M | ||
| Q1 24 | $257.6M | $100.3M |
| Q4 25 | $35.2M | $-15.2M | ||
| Q3 25 | $38.8M | $-16.4M | ||
| Q2 25 | $42.1M | $-21.7M | ||
| Q1 25 | $75.0M | $-18.5M | ||
| Q4 24 | $30.0M | $-23.2M | ||
| Q3 24 | $33.5M | $-22.9M | ||
| Q2 24 | $44.9M | $-14.3M | ||
| Q1 24 | $69.9M | $-8.8M |
| Q4 25 | — | 77.9% | ||
| Q3 25 | — | 77.4% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 75.3% | ||
| Q4 24 | — | 75.4% | ||
| Q3 24 | — | 75.0% | ||
| Q2 24 | — | 78.8% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | 24.6% | -14.7% | ||
| Q3 25 | 25.9% | -15.8% | ||
| Q2 25 | 24.1% | -20.4% | ||
| Q1 25 | 33.2% | -18.8% | ||
| Q4 24 | 19.8% | -21.9% | ||
| Q3 24 | 20.9% | -27.4% | ||
| Q2 24 | 27.1% | -18.6% | ||
| Q1 24 | 33.8% | -16.6% |
| Q4 25 | 20.3% | -10.5% | ||
| Q3 25 | 20.8% | -12.0% | ||
| Q2 25 | 21.5% | -17.0% | ||
| Q1 25 | 27.3% | -15.1% | ||
| Q4 24 | 16.4% | -20.0% | ||
| Q3 24 | 18.7% | -21.0% | ||
| Q2 24 | 23.8% | -13.9% | ||
| Q1 24 | 27.1% | -8.8% |
| Q4 25 | $1.57 | $-0.13 | ||
| Q3 25 | $1.69 | $-0.14 | ||
| Q2 25 | $1.81 | $-0.19 | ||
| Q1 25 | $3.14 | $-0.16 | ||
| Q4 24 | $1.23 | $-0.21 | ||
| Q3 24 | $1.34 | $-0.21 | ||
| Q2 24 | $1.78 | $-0.13 | ||
| Q1 24 | $2.74 | $-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 | $331.2M | $704.4M |
| Total DebtLower is stronger | $33.5M | — |
| Stockholders' EquityBook value | $854.5M | $887.4M |
| Total Assets | $7.6B | $1.3B |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $331.2M | $704.4M | ||
| Q3 25 | $120.6M | $651.1M | ||
| Q2 25 | $258.3M | $611.7M | ||
| Q1 25 | $254.2M | $563.5M | ||
| Q4 24 | $597.4M | $522.0M | ||
| Q3 24 | $158.3M | $467.8M | ||
| Q2 24 | $298.9M | $591.3M | ||
| Q1 24 | $347.9M | $579.6M |
| 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 24 | $33.4M | — |
| Q4 25 | $854.5M | $887.4M | ||
| Q3 25 | $858.0M | $859.4M | ||
| Q2 25 | $819.0M | $826.5M | ||
| Q1 25 | $814.7M | $800.0M | ||
| Q4 24 | $758.3M | $773.5M | ||
| Q3 24 | $822.5M | $756.2M | ||
| Q2 24 | $748.4M | $721.4M | ||
| Q1 24 | $719.5M | $707.8M |
| Q4 25 | $7.6B | $1.3B | ||
| Q3 25 | $7.2B | $1.3B | ||
| Q2 25 | $7.2B | $1.2B | ||
| Q1 25 | $7.0B | $1.2B | ||
| Q4 24 | $7.6B | $1.1B | ||
| Q3 24 | $7.5B | $1.1B | ||
| Q2 24 | $7.5B | $1.0B | ||
| Q1 24 | $7.4B | $997.1M |
| 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× | — | ||
| Q1 24 | 0.05× | — |
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 | $108.3M | $50.7M |
| Free Cash FlowOCF − Capex | $104.1M | $49.9M |
| FCF MarginFCF / Revenue | 60.1% | 34.3% |
| Capex IntensityCapex / Revenue | 2.4% | 0.6% |
| Cash ConversionOCF / Net Profit | 3.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.3M | $50.7M | ||
| Q3 25 | $303.7M | $30.2M | ||
| Q2 25 | $30.4M | $36.1M | ||
| Q1 25 | $188.3M | $28.8M | ||
| Q4 24 | $-71.7M | $49.1M | ||
| Q3 24 | $143.1M | $27.6M | ||
| Q2 24 | $113.2M | $16.7M | ||
| Q1 24 | $203.0M | $17.5M |
| Q4 25 | $104.1M | $49.9M | ||
| Q3 25 | $300.3M | $28.8M | ||
| Q2 25 | $27.7M | $35.5M | ||
| Q1 25 | $184.7M | $28.1M | ||
| Q4 24 | $-73.8M | $48.5M | ||
| Q3 24 | $138.8M | $26.7M | ||
| Q2 24 | $111.0M | $16.0M | ||
| Q1 24 | $201.3M | $16.6M |
| Q4 25 | 60.1% | 34.3% | ||
| Q3 25 | 160.9% | 21.0% | ||
| Q2 25 | 14.1% | 27.9% | ||
| Q1 25 | 67.2% | 23.0% | ||
| Q4 24 | -40.4% | 41.8% | ||
| Q3 24 | 77.3% | 24.5% | ||
| Q2 24 | 58.8% | 15.5% | ||
| Q1 24 | 78.1% | 16.6% |
| Q4 25 | 2.4% | 0.6% | ||
| Q3 25 | 1.8% | 1.0% | ||
| Q2 25 | 1.4% | 0.5% | ||
| Q1 25 | 1.3% | 0.5% | ||
| Q4 24 | 1.1% | 0.5% | ||
| Q3 24 | 2.4% | 0.9% | ||
| Q2 24 | 1.2% | 0.7% | ||
| Q1 24 | 0.7% | 0.8% |
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
FROG
Segment breakdown not available.
