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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and Grindr Inc. (GRND). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $126.0M, roughly 1.4× Grindr Inc.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 16.1%, a 4.2% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs -0.2%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $24.5M). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% 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.
Grindr is a location-based social networking and online hookup application for LGBTQ people.
CASH vs GRND — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $126.0M |
| Net Profit | $35.2M | $20.3M |
| Gross Margin | — | — |
| Operating Margin | 24.6% | 24.9% |
| Net Margin | 20.3% | 16.1% |
| Revenue YoY | -0.2% | 29.0% |
| Net Profit YoY | 11.9% | 116.4% |
| EPS (diluted) | $1.57 | $0.10 |
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 | $126.0M | ||
| Q3 25 | $186.7M | $115.8M | ||
| Q2 25 | $195.8M | $104.2M | ||
| Q1 25 | $274.8M | $93.9M | ||
| Q4 24 | $182.6M | $97.6M | ||
| Q3 24 | $179.5M | $89.3M | ||
| Q2 24 | $188.6M | $82.3M | ||
| Q1 24 | $257.6M | $75.3M |
| Q4 25 | $35.2M | $20.3M | ||
| Q3 25 | $38.8M | $30.8M | ||
| Q2 25 | $42.1M | $16.6M | ||
| Q1 25 | $75.0M | $27.0M | ||
| Q4 24 | $30.0M | $-123.9M | ||
| Q3 24 | $33.5M | $24.7M | ||
| Q2 24 | $44.9M | $-22.4M | ||
| Q1 24 | $69.9M | $-9.4M |
| Q4 25 | 24.6% | 24.9% | ||
| Q3 25 | 25.9% | 39.1% | ||
| Q2 25 | 24.1% | 23.4% | ||
| Q1 25 | 33.2% | 27.0% | ||
| Q4 24 | 19.8% | 20.9% | ||
| Q3 24 | 20.9% | 31.8% | ||
| Q2 24 | 27.1% | 29.8% | ||
| Q1 24 | 33.8% | 25.6% |
| Q4 25 | 20.3% | 16.1% | ||
| Q3 25 | 20.8% | 26.6% | ||
| Q2 25 | 21.5% | 16.0% | ||
| Q1 25 | 27.3% | 28.8% | ||
| Q4 24 | 16.4% | -126.9% | ||
| Q3 24 | 18.7% | 27.6% | ||
| Q2 24 | 23.8% | -27.2% | ||
| Q1 24 | 27.1% | -12.5% |
| Q4 25 | $1.57 | $0.10 | ||
| Q3 25 | $1.69 | $0.16 | ||
| Q2 25 | $1.81 | $0.08 | ||
| Q1 25 | $3.14 | $0.09 | ||
| Q4 24 | $1.23 | $-0.65 | ||
| Q3 24 | $1.34 | $0.09 | ||
| Q2 24 | $1.78 | $-0.13 | ||
| Q1 24 | $2.74 | $-0.05 |
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 | $87.0M |
| Total DebtLower is stronger | $33.5M | $395.9M |
| Stockholders' EquityBook value | $854.5M | $47.0M |
| Total Assets | $7.6B | $531.0M |
| Debt / EquityLower = less leverage | 0.04× | 8.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $331.2M | $87.0M | ||
| Q3 25 | $120.6M | $6.3M | ||
| Q2 25 | $258.3M | $120.8M | ||
| Q1 25 | $254.2M | $255.9M | ||
| Q4 24 | $597.4M | $59.2M | ||
| Q3 24 | $158.3M | $39.1M | ||
| Q2 24 | $298.9M | $16.3M | ||
| Q1 24 | $347.9M | $21.5M |
| Q4 25 | $33.5M | $395.9M | ||
| Q3 25 | $33.5M | $279.9M | ||
| Q2 25 | $33.4M | $283.5M | ||
| Q1 25 | $33.4M | $287.0M | ||
| Q4 24 | $33.4M | $290.6M | ||
| Q3 24 | $33.4M | $294.1M | ||
| Q2 24 | $33.3M | $297.7M | ||
| Q1 24 | $33.4M | $315.0M |
| Q4 25 | $854.5M | $47.0M | ||
| Q3 25 | $858.0M | $71.0M | ||
| Q2 25 | $819.0M | $187.7M | ||
| Q1 25 | $814.7M | $319.8M | ||
| Q4 24 | $758.3M | $-131.6M | ||
| Q3 24 | $822.5M | $-13.4M | ||
| Q2 24 | $748.4M | $-41.7M | ||
| Q1 24 | $719.5M | $-22.0M |
| Q4 25 | $7.6B | $531.0M | ||
| Q3 25 | $7.2B | $439.2M | ||
| Q2 25 | $7.2B | $547.6M | ||
| Q1 25 | $7.0B | $679.4M | ||
| Q4 24 | $7.6B | $479.1M | ||
| Q3 24 | $7.5B | $456.3M | ||
| Q2 24 | $7.5B | $435.0M | ||
| Q1 24 | $7.4B | $437.7M |
| Q4 25 | 0.04× | 8.42× | ||
| Q3 25 | 0.04× | 3.94× | ||
| Q2 25 | 0.04× | 1.51× | ||
| Q1 25 | 0.04× | 0.90× | ||
| 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 | $24.8M |
| Free Cash FlowOCF − Capex | $104.1M | $24.5M |
| FCF MarginFCF / Revenue | 60.1% | 19.5% |
| Capex IntensityCapex / Revenue | 2.4% | 0.2% |
| Cash ConversionOCF / Net Profit | 3.08× | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | $140.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.3M | $24.8M | ||
| Q3 25 | $303.7M | $55.4M | ||
| Q2 25 | $30.4M | $37.5M | ||
| Q1 25 | $188.3M | $23.8M | ||
| Q4 24 | $-71.7M | $29.5M | ||
| Q3 24 | $143.1M | $29.1M | ||
| Q2 24 | $113.2M | $15.8M | ||
| Q1 24 | $203.0M | $20.4M |
| Q4 25 | $104.1M | $24.5M | ||
| Q3 25 | $300.3M | $55.2M | ||
| Q2 25 | $27.7M | $37.3M | ||
| Q1 25 | $184.7M | $23.7M | ||
| Q4 24 | $-73.8M | $29.3M | ||
| Q3 24 | $138.8M | $28.8M | ||
| Q2 24 | $111.0M | $15.7M | ||
| Q1 24 | $201.3M | $20.3M |
| Q4 25 | 60.1% | 19.5% | ||
| Q3 25 | 160.9% | 47.7% | ||
| Q2 25 | 14.1% | 35.8% | ||
| Q1 25 | 67.2% | 25.2% | ||
| Q4 24 | -40.4% | 30.0% | ||
| Q3 24 | 77.3% | 32.2% | ||
| Q2 24 | 58.8% | 19.0% | ||
| Q1 24 | 78.1% | 26.9% |
| Q4 25 | 2.4% | 0.2% | ||
| Q3 25 | 1.8% | 0.2% | ||
| Q2 25 | 1.4% | 0.2% | ||
| Q1 25 | 1.3% | 0.1% | ||
| Q4 24 | 1.1% | 0.3% | ||
| Q3 24 | 2.4% | 0.4% | ||
| Q2 24 | 1.2% | 0.2% | ||
| Q1 24 | 0.7% | 0.3% |
| Q4 25 | 3.08× | 1.22× | ||
| Q3 25 | 7.83× | 1.80× | ||
| Q2 25 | 0.72× | 2.25× | ||
| Q1 25 | 2.51× | 0.88× | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 1.18× | ||
| 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% |
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
