vs
Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and NWPX Infrastructure, Inc. (NWPX). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $138.3M, roughly 1.3× NWPX Infrastructure, Inc.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 7.6%, a 12.7% gap on every dollar of revenue. On growth, NWPX Infrastructure, Inc. posted the faster year-over-year revenue change (19.1% vs -0.2%). Over the past eight quarters, NWPX Infrastructure, Inc.'s revenue compounded faster (3.3% 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.
CASH vs NWPX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $138.3M |
| Net Profit | $35.2M | $10.5M |
| Gross Margin | — | 19.3% |
| Operating Margin | 24.6% | 9.2% |
| Net Margin | 20.3% | 7.6% |
| Revenue YoY | -0.2% | 19.1% |
| Net Profit YoY | 11.9% | 165.7% |
| EPS (diluted) | $1.57 | $1.08 |
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 | — | $138.3M | ||
| Q4 25 | $173.1M | $125.6M | ||
| Q3 25 | $186.7M | $151.1M | ||
| Q2 25 | $195.8M | $133.2M | ||
| Q1 25 | $274.8M | $116.1M | ||
| Q4 24 | $182.6M | $119.6M | ||
| Q3 24 | $179.5M | $130.2M | ||
| Q2 24 | $188.6M | $129.5M |
| Q1 26 | — | $10.5M | ||
| Q4 25 | $35.2M | $8.9M | ||
| Q3 25 | $38.8M | $13.5M | ||
| Q2 25 | $42.1M | $9.1M | ||
| Q1 25 | $75.0M | $4.0M | ||
| Q4 24 | $30.0M | $10.1M | ||
| Q3 24 | $33.5M | $10.3M | ||
| Q2 24 | $44.9M | $8.6M |
| Q1 26 | — | 19.3% | ||
| Q4 25 | — | 21.3% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 16.7% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 19.9% |
| Q1 26 | — | 9.2% | ||
| Q4 25 | 24.6% | 10.4% | ||
| Q3 25 | 25.9% | 12.6% | ||
| Q2 25 | 24.1% | 9.9% | ||
| Q1 25 | 33.2% | 4.8% | ||
| Q4 24 | 19.8% | 8.8% | ||
| Q3 24 | 20.9% | 11.9% | ||
| Q2 24 | 27.1% | 10.5% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 20.3% | 7.1% | ||
| Q3 25 | 20.8% | 8.9% | ||
| Q2 25 | 21.5% | 6.8% | ||
| Q1 25 | 27.3% | 3.4% | ||
| Q4 24 | 16.4% | 8.4% | ||
| Q3 24 | 18.7% | 7.9% | ||
| Q2 24 | 23.8% | 6.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $1.57 | $0.88 | ||
| Q3 25 | $1.69 | $1.38 | ||
| Q2 25 | $1.81 | $0.91 | ||
| Q1 25 | $3.14 | $0.39 | ||
| Q4 24 | $1.23 | $1.00 | ||
| Q3 24 | $1.34 | $1.02 | ||
| Q2 24 | $1.78 | $0.86 |
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 | $14.3M |
| Total DebtLower is stronger | $33.5M | $10.7M |
| Stockholders' EquityBook value | $854.5M | $403.7M |
| Total Assets | $7.6B | $634.1M |
| Debt / EquityLower = less leverage | 0.04× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $14.3M | ||
| Q4 25 | $331.2M | $2.3M | ||
| Q3 25 | $120.6M | $2.7M | ||
| Q2 25 | $258.3M | $2.0M | ||
| Q1 25 | $254.2M | $5.3M | ||
| Q4 24 | $597.4M | $5.0M | ||
| Q3 24 | $158.3M | $5.7M | ||
| Q2 24 | $298.9M | $4.5M |
| Q1 26 | — | $10.7M | ||
| 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 | — | $403.7M | ||
| Q4 25 | $854.5M | $394.8M | ||
| Q3 25 | $858.0M | $386.4M | ||
| Q2 25 | $819.0M | $379.5M | ||
| Q1 25 | $814.7M | $378.5M | ||
| Q4 24 | $758.3M | $374.0M | ||
| Q3 24 | $822.5M | $362.4M | ||
| Q2 24 | $748.4M | $351.2M |
| Q1 26 | — | $634.1M | ||
| Q4 25 | $7.6B | $579.6M | ||
| Q3 25 | $7.2B | $605.2M | ||
| Q2 25 | $7.2B | $592.6M | ||
| Q1 25 | $7.0B | $582.2M | ||
| Q4 24 | $7.6B | $589.7M | ||
| Q3 24 | $7.5B | $617.2M | ||
| Q2 24 | $7.5B | $631.7M |
| Q1 26 | — | 0.03× | ||
| 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 | $108.3M | $29.3M |
| Free Cash FlowOCF − Capex | $104.1M | — |
| FCF MarginFCF / Revenue | 60.1% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 3.08× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $29.3M | ||
| Q4 25 | $108.3M | $36.0M | ||
| Q3 25 | $303.7M | $21.0M | ||
| Q2 25 | $30.4M | $5.4M | ||
| Q1 25 | $188.3M | $4.8M | ||
| Q4 24 | $-71.7M | $36.1M | ||
| Q3 24 | $143.1M | $22.7M | ||
| Q2 24 | $113.2M | $22.3M |
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $30.8M | ||
| Q3 25 | $300.3M | $13.2M | ||
| Q2 25 | $27.7M | $1.9M | ||
| Q1 25 | $184.7M | $1.2M | ||
| Q4 24 | $-73.8M | $31.9M | ||
| Q3 24 | $138.8M | $16.8M | ||
| Q2 24 | $111.0M | $16.2M |
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 24.5% | ||
| Q3 25 | 160.9% | 8.7% | ||
| Q2 25 | 14.1% | 1.4% | ||
| Q1 25 | 67.2% | 1.0% | ||
| Q4 24 | -40.4% | 26.7% | ||
| Q3 24 | 77.3% | 12.9% | ||
| Q2 24 | 58.8% | 12.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 4.1% | ||
| Q3 25 | 1.8% | 5.2% | ||
| Q2 25 | 1.4% | 2.6% | ||
| Q1 25 | 1.3% | 3.2% | ||
| Q4 24 | 1.1% | 3.5% | ||
| Q3 24 | 2.4% | 4.6% | ||
| Q2 24 | 1.2% | 4.7% |
| Q1 26 | — | 2.78× | ||
| Q4 25 | 3.08× | 4.06× | ||
| Q3 25 | 7.83× | 1.55× | ||
| Q2 25 | 0.72× | 0.60× | ||
| Q1 25 | 2.51× | 1.22× | ||
| Q4 24 | -2.39× | 3.58× | ||
| Q3 24 | 4.27× | 2.22× | ||
| Q2 24 | 2.52× | 2.58× |
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% |
NWPX
| Water Transmission Systems | $93.5M | 68% |
| Precast Infrastructure and Engineered Systems | $44.8M | 32% |
