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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $131.8M, roughly 1.3× Loar Holdings Inc.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 9.5%, a 10.8% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs -0.2%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% 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.
CASH vs LOAR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $131.8M |
| Net Profit | $35.2M | $12.5M |
| Gross Margin | — | 52.1% |
| Operating Margin | 24.6% | 18.0% |
| Net Margin | 20.3% | 9.5% |
| Revenue YoY | -0.2% | 19.3% |
| Net Profit YoY | 11.9% | 239.5% |
| 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 | $131.8M | ||
| Q3 25 | $186.7M | $126.8M | ||
| Q2 25 | $195.8M | $123.1M | ||
| Q1 25 | $274.8M | $114.7M | ||
| Q4 24 | $182.6M | $110.4M | ||
| Q3 24 | $179.5M | $103.5M | ||
| Q2 24 | $188.6M | $97.0M | ||
| Q1 24 | $257.6M | $91.8M |
| Q4 25 | $35.2M | $12.5M | ||
| Q3 25 | $38.8M | $27.6M | ||
| Q2 25 | $42.1M | $16.7M | ||
| Q1 25 | $75.0M | $15.3M | ||
| Q4 24 | $30.0M | $3.7M | ||
| Q3 24 | $33.5M | $8.7M | ||
| Q2 24 | $44.9M | $7.6M | ||
| Q1 24 | $69.9M | $2.2M |
| Q4 25 | — | 52.1% | ||
| Q3 25 | — | 52.7% | ||
| Q2 25 | — | 53.8% | ||
| Q1 25 | — | 52.1% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 49.0% | ||
| Q1 24 | — | 48.4% |
| Q4 25 | 24.6% | 18.0% | ||
| Q3 25 | 25.9% | 22.9% | ||
| Q2 25 | 24.1% | 22.2% | ||
| Q1 25 | 33.2% | 22.8% | ||
| Q4 24 | 19.8% | 19.2% | ||
| Q3 24 | 20.9% | 22.1% | ||
| Q2 24 | 27.1% | 22.9% | ||
| Q1 24 | 33.8% | 23.3% |
| Q4 25 | 20.3% | 9.5% | ||
| Q3 25 | 20.8% | 21.8% | ||
| Q2 25 | 21.5% | 13.6% | ||
| Q1 25 | 27.3% | 13.4% | ||
| Q4 24 | 16.4% | 3.3% | ||
| Q3 24 | 18.7% | 8.4% | ||
| Q2 24 | 23.8% | 7.9% | ||
| Q1 24 | 27.1% | 2.4% |
| Q4 25 | $1.57 | $0.13 | ||
| Q3 25 | $1.69 | $0.29 | ||
| Q2 25 | $1.81 | $0.17 | ||
| Q1 25 | $3.14 | $0.16 | ||
| Q4 24 | $1.23 | $-11023.48 | ||
| Q3 24 | $1.34 | $0.09 | ||
| Q2 24 | $1.78 | $0.09 | ||
| Q1 24 | $2.74 | $11023.54 |
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 | $84.8M |
| Total DebtLower is stronger | $33.5M | $715.7M |
| Stockholders' EquityBook value | $854.5M | $1.2B |
| Total Assets | $7.6B | $2.0B |
| Debt / EquityLower = less leverage | 0.04× | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $331.2M | $84.8M | ||
| Q3 25 | $120.6M | $99.0M | ||
| Q2 25 | $258.3M | $103.3M | ||
| Q1 25 | $254.2M | $80.5M | ||
| Q4 24 | $597.4M | $54.1M | ||
| Q3 24 | $158.3M | $55.2M | ||
| Q2 24 | $298.9M | $73.2M | ||
| Q1 24 | $347.9M | $28.2M |
| Q4 25 | $33.5M | $715.7M | ||
| Q3 25 | $33.5M | $279.4M | ||
| Q2 25 | $33.4M | $277.7M | ||
| Q1 25 | $33.4M | $277.5M | ||
| Q4 24 | $33.4M | $277.3M | ||
| Q3 24 | $33.4M | $602.1M | ||
| Q2 24 | $33.3M | $250.7M | ||
| Q1 24 | $33.4M | $534.2M |
| Q4 25 | $854.5M | $1.2B | ||
| Q3 25 | $858.0M | $1.2B | ||
| Q2 25 | $819.0M | $1.1B | ||
| Q1 25 | $814.7M | $1.1B | ||
| Q4 24 | $758.3M | $1.1B | ||
| Q3 24 | $822.5M | $769.8M | ||
| Q2 24 | $748.4M | $758.4M | ||
| Q1 24 | $719.5M | $420.6M |
| Q4 25 | $7.6B | $2.0B | ||
| Q3 25 | $7.2B | $1.5B | ||
| Q2 25 | $7.2B | $1.5B | ||
| Q1 25 | $7.0B | $1.5B | ||
| Q4 24 | $7.6B | $1.5B | ||
| Q3 24 | $7.5B | $1.5B | ||
| Q2 24 | $7.5B | $1.1B | ||
| Q1 24 | $7.4B | $1.1B |
| Q4 25 | 0.04× | 0.61× | ||
| Q3 25 | 0.04× | 0.24× | ||
| Q2 25 | 0.04× | 0.25× | ||
| Q1 25 | 0.04× | 0.25× | ||
| Q4 24 | 0.04× | 0.25× | ||
| Q3 24 | 0.04× | 0.78× | ||
| Q2 24 | 0.04× | 0.33× | ||
| Q1 24 | 0.05× | 1.27× |
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 | $30.4M |
| Free Cash FlowOCF − Capex | $104.1M | — |
| FCF MarginFCF / Revenue | 60.1% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 3.08× | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.3M | $30.4M | ||
| Q3 25 | $303.7M | $29.7M | ||
| Q2 25 | $30.4M | $23.8M | ||
| Q1 25 | $188.3M | $28.4M | ||
| Q4 24 | $-71.7M | $20.7M | ||
| Q3 24 | $143.1M | $16.3M | ||
| Q2 24 | $113.2M | $7.1M | ||
| Q1 24 | $203.0M | $10.8M |
| Q4 25 | $104.1M | — | ||
| Q3 25 | $300.3M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $184.7M | — | ||
| Q4 24 | $-73.8M | — | ||
| Q3 24 | $138.8M | — | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $201.3M | — |
| Q4 25 | 60.1% | — | ||
| Q3 25 | 160.9% | — | ||
| Q2 25 | 14.1% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | -40.4% | — | ||
| Q3 24 | 77.3% | — | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 78.1% | — |
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.7% | — |
| Q4 25 | 3.08× | 2.43× | ||
| Q3 25 | 7.83× | 1.08× | ||
| Q2 25 | 0.72× | 1.42× | ||
| Q1 25 | 2.51× | 1.85× | ||
| Q4 24 | -2.39× | 5.62× | ||
| Q3 24 | 4.27× | 1.89× | ||
| Q2 24 | 2.52× | 0.93× | ||
| Q1 24 | 2.90× | 4.81× |
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% |
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
