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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and PAMT CORP (PAMT). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $141.3M, roughly 1.2× PAMT CORP). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs -20.7%, a 41.0% gap on every dollar of revenue. On growth, PATHWARD FINANCIAL, INC. posted the faster year-over-year revenue change (-0.2% vs -15.1%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $-25.0M). Over the past eight quarters, PAMT CORP's revenue compounded faster (-12.0% 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 PAMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $141.3M |
| Net Profit | $35.2M | $-29.3M |
| Gross Margin | — | — |
| Operating Margin | 24.6% | -27.0% |
| Net Margin | 20.3% | -20.7% |
| Revenue YoY | -0.2% | -15.1% |
| Net Profit YoY | 11.9% | 7.4% |
| EPS (diluted) | $1.57 | $-1.38 |
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 | $141.3M | ||
| Q3 25 | $186.7M | $150.3M | ||
| Q2 25 | $195.8M | $151.1M | ||
| Q1 25 | $274.8M | $155.3M | ||
| Q4 24 | $182.6M | $166.5M | ||
| Q3 24 | $179.5M | $182.6M | ||
| Q2 24 | $188.6M | $182.9M | ||
| Q1 24 | $257.6M | $182.6M |
| Q4 25 | $35.2M | $-29.3M | ||
| Q3 25 | $38.8M | $-5.6M | ||
| Q2 25 | $42.1M | $-9.6M | ||
| Q1 25 | $75.0M | $-8.1M | ||
| Q4 24 | $30.0M | $-31.6M | ||
| Q3 24 | $33.5M | $2.4M | ||
| Q2 24 | $44.9M | $-2.9M | ||
| Q1 24 | $69.9M | $281.0K |
| Q4 25 | 24.6% | -27.0% | ||
| Q3 25 | 25.9% | -3.8% | ||
| Q2 25 | 24.1% | -7.3% | ||
| Q1 25 | 33.2% | -5.9% | ||
| Q4 24 | 19.8% | -22.6% | ||
| Q3 24 | 20.9% | 1.3% | ||
| Q2 24 | 27.1% | -0.4% | ||
| Q1 24 | 33.8% | -0.4% |
| Q4 25 | 20.3% | -20.7% | ||
| Q3 25 | 20.8% | -3.7% | ||
| Q2 25 | 21.5% | -6.4% | ||
| Q1 25 | 27.3% | -5.2% | ||
| Q4 24 | 16.4% | -19.0% | ||
| Q3 24 | 18.7% | 1.3% | ||
| Q2 24 | 23.8% | -1.6% | ||
| Q1 24 | 27.1% | 0.2% |
| Q4 25 | $1.57 | $-1.38 | ||
| Q3 25 | $1.69 | $-0.27 | ||
| Q2 25 | $1.81 | $-0.46 | ||
| Q1 25 | $3.14 | $-0.37 | ||
| Q4 24 | $1.23 | $-1.44 | ||
| Q3 24 | $1.34 | $0.11 | ||
| Q2 24 | $1.78 | $-0.13 | ||
| Q1 24 | $2.74 | $0.01 |
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 | $83.7M |
| Total DebtLower is stronger | $33.5M | $333.9M |
| Stockholders' EquityBook value | $854.5M | $210.5M |
| Total Assets | $7.6B | $697.9M |
| Debt / EquityLower = less leverage | 0.04× | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $331.2M | $83.7M | ||
| Q3 25 | $120.6M | $115.6M | ||
| Q2 25 | $258.3M | $117.3M | ||
| Q1 25 | $254.2M | $102.7M | ||
| Q4 24 | $597.4M | $110.7M | ||
| Q3 24 | $158.3M | $92.3M | ||
| Q2 24 | $298.9M | $114.0M | ||
| Q1 24 | $347.9M | $125.8M |
| Q4 25 | $33.5M | $333.9M | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | — | ||
| Q4 24 | $33.4M | $325.6M | ||
| Q3 24 | $33.4M | — | ||
| Q2 24 | $33.3M | — | ||
| Q1 24 | $33.4M | — |
| Q4 25 | $854.5M | $210.5M | ||
| Q3 25 | $858.0M | $239.5M | ||
| Q2 25 | $819.0M | $244.9M | ||
| Q1 25 | $814.7M | $269.6M | ||
| Q4 24 | $758.3M | $277.5M | ||
| Q3 24 | $822.5M | $308.9M | ||
| Q2 24 | $748.4M | $306.7M | ||
| Q1 24 | $719.5M | $314.6M |
| Q4 25 | $7.6B | $697.9M | ||
| Q3 25 | $7.2B | $715.2M | ||
| Q2 25 | $7.2B | $707.9M | ||
| Q1 25 | $7.0B | $712.6M | ||
| Q4 24 | $7.6B | $741.7M | ||
| Q3 24 | $7.5B | $756.7M | ||
| Q2 24 | $7.5B | $733.5M | ||
| Q1 24 | $7.4B | $746.4M |
| Q4 25 | 0.04× | 1.59× | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | 1.17× | ||
| 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 | $-5.8M |
| Free Cash FlowOCF − Capex | $104.1M | $-25.0M |
| FCF MarginFCF / Revenue | 60.1% | -17.7% |
| Capex IntensityCapex / Revenue | 2.4% | 13.6% |
| Cash ConversionOCF / Net Profit | 3.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.3M | $-5.8M | ||
| Q3 25 | $303.7M | $5.9M | ||
| Q2 25 | $30.4M | $12.2M | ||
| Q1 25 | $188.3M | $5.0M | ||
| Q4 24 | $-71.7M | $15.2M | ||
| Q3 24 | $143.1M | $15.5M | ||
| Q2 24 | $113.2M | $18.7M | ||
| Q1 24 | $203.0M | $9.6M |
| Q4 25 | $104.1M | $-25.0M | ||
| Q3 25 | $300.3M | $2.5M | ||
| Q2 25 | $27.7M | $5.9M | ||
| Q1 25 | $184.7M | $-6.8M | ||
| Q4 24 | $-73.8M | $-39.9M | ||
| Q3 24 | $138.8M | $-33.6M | ||
| Q2 24 | $111.0M | $4.1M | ||
| Q1 24 | $201.3M | $-12.2M |
| Q4 25 | 60.1% | -17.7% | ||
| Q3 25 | 160.9% | 1.7% | ||
| Q2 25 | 14.1% | 3.9% | ||
| Q1 25 | 67.2% | -4.4% | ||
| Q4 24 | -40.4% | -24.0% | ||
| Q3 24 | 77.3% | -18.4% | ||
| Q2 24 | 58.8% | 2.2% | ||
| Q1 24 | 78.1% | -6.7% |
| Q4 25 | 2.4% | 13.6% | ||
| Q3 25 | 1.8% | 2.3% | ||
| Q2 25 | 1.4% | 4.2% | ||
| Q1 25 | 1.3% | 7.6% | ||
| Q4 24 | 1.1% | 33.1% | ||
| Q3 24 | 2.4% | 26.9% | ||
| Q2 24 | 1.2% | 8.0% | ||
| Q1 24 | 0.7% | 12.0% |
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 6.44× | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.90× | 34.11× |
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% |
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
