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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($276.3M vs $260.4M, roughly 1.1× Smith Douglas Homes Corp.). PATHWARD FINANCIAL, INC. runs the higher net margin — 26.4% vs 1.4%, a 25.0% gap on every dollar of revenue. Over the past eight quarters, PATHWARD FINANCIAL, INC.'s revenue compounded faster (21.0% CAGR vs 17.3%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
CASH vs SDHC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $276.3M | $260.4M |
| Net Profit | $72.9M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | — | 6.5% |
| Net Margin | 26.4% | 1.4% |
| Revenue YoY | — | -9.4% |
| Net Profit YoY | — | -14.3% |
| EPS (diluted) | $3.35 | $0.39 |
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 | $276.3M | — | ||
| Q4 25 | $173.1M | $260.4M | ||
| Q3 25 | $186.7M | $262.0M | ||
| Q2 25 | $195.8M | $223.9M | ||
| Q1 25 | $274.8M | $224.7M | ||
| Q4 24 | $182.6M | $287.5M | ||
| Q3 24 | $179.5M | $277.8M | ||
| Q2 24 | $188.6M | $220.9M |
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | $3.5M | ||
| Q3 25 | $38.8M | $2.1M | ||
| Q2 25 | $42.1M | $2.4M | ||
| Q1 25 | $75.0M | $2.7M | ||
| Q4 24 | $30.0M | $4.1M | ||
| Q3 24 | $33.5M | $5.3M | ||
| Q2 24 | $44.9M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% |
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | 6.5% | ||
| Q3 25 | 25.9% | 6.6% | ||
| Q2 25 | 24.1% | 7.7% | ||
| Q1 25 | 33.2% | 8.7% | ||
| Q4 24 | 19.8% | 10.4% | ||
| Q3 24 | 20.9% | 14.2% | ||
| Q2 24 | 27.1% | 11.7% |
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | 1.4% | ||
| Q3 25 | 20.8% | 0.8% | ||
| Q2 25 | 21.5% | 1.1% | ||
| Q1 25 | 27.3% | 1.2% | ||
| Q4 24 | 16.4% | 1.4% | ||
| Q3 24 | 18.7% | 1.9% | ||
| Q2 24 | 23.8% | 1.7% |
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | $0.39 | ||
| Q3 25 | $1.69 | $0.24 | ||
| Q2 25 | $1.81 | $0.26 | ||
| Q1 25 | $3.14 | $0.30 | ||
| Q4 24 | $1.23 | $0.50 | ||
| Q3 24 | $1.34 | $0.58 | ||
| Q2 24 | $1.78 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.6M | $12.7M |
| Total DebtLower is stronger | $59.5M | — |
| Stockholders' EquityBook value | $850.7M | $86.7M |
| Total Assets | $7.1B | $557.6M |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | $12.7M | ||
| Q3 25 | $120.6M | $14.8M | ||
| Q2 25 | $258.3M | $16.8M | ||
| Q1 25 | $254.2M | $12.7M | ||
| Q4 24 | $597.4M | $22.4M | ||
| Q3 24 | $158.3M | $23.7M | ||
| Q2 24 | $298.9M | $17.3M |
| Q1 26 | $59.5M | — | ||
| 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 | $850.7M | — | ||
| Q4 25 | $854.5M | $86.7M | ||
| Q3 25 | $858.0M | $82.2M | ||
| Q2 25 | $819.0M | $80.0M | ||
| Q1 25 | $814.7M | $76.9M | ||
| Q4 24 | $758.3M | $73.6M | ||
| Q3 24 | $822.5M | $68.4M | ||
| Q2 24 | $748.4M | $62.1M |
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | $557.6M | ||
| Q3 25 | $7.2B | $571.6M | ||
| Q2 25 | $7.2B | $570.2M | ||
| Q1 25 | $7.0B | $513.9M | ||
| Q4 24 | $7.6B | $475.9M | ||
| Q3 24 | $7.5B | $460.1M | ||
| Q2 24 | $7.5B | $429.3M |
| Q1 26 | 0.07× | — | ||
| 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 | — | $9.8M |
| Free Cash FlowOCF − Capex | — | $8.7M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $9.8M | ||
| Q3 25 | $303.7M | $22.8M | ||
| Q2 25 | $30.4M | $-28.9M | ||
| Q1 25 | $188.3M | $-34.9M | ||
| Q4 24 | $-71.7M | $5.5M | ||
| Q3 24 | $143.1M | $22.9M | ||
| Q2 24 | $113.2M | $39.0K |
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $8.7M | ||
| Q3 25 | $300.3M | $21.4M | ||
| Q2 25 | $27.7M | $-31.1M | ||
| Q1 25 | $184.7M | $-35.9M | ||
| Q4 24 | $-73.8M | $4.8M | ||
| Q3 24 | $138.8M | $22.3M | ||
| Q2 24 | $111.0M | $-2.1M |
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | 3.4% | ||
| Q3 25 | 160.9% | 8.2% | ||
| Q2 25 | 14.1% | -13.9% | ||
| Q1 25 | 67.2% | -16.0% | ||
| Q4 24 | -40.4% | 1.7% | ||
| Q3 24 | 77.3% | 8.0% | ||
| Q2 24 | 58.8% | -1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 1.8% | 0.5% | ||
| Q2 25 | 1.4% | 0.9% | ||
| Q1 25 | 1.3% | 0.5% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 2.4% | 0.2% | ||
| Q2 24 | 1.2% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 2.77× | ||
| Q3 25 | 7.83× | 10.70× | ||
| Q2 25 | 0.72× | -12.24× | ||
| Q1 25 | 2.51× | -13.01× | ||
| Q4 24 | -2.39× | 1.33× | ||
| Q3 24 | 4.27× | 4.28× | ||
| Q2 24 | 2.52× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
