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Side-by-side financial comparison of CATHAY GENERAL BANCORP (CATY) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

CATHAY GENERAL BANCORP is the larger business by last-quarter revenue ($222.8M vs $167.7M, roughly 1.3× Thryv Holdings, Inc.). CATHAY GENERAL BANCORP runs the higher net margin — 653.4% vs 2.7%, a 650.7% gap on every dollar of revenue. On growth, CATHAY GENERAL BANCORP posted the faster year-over-year revenue change (19.5% vs -7.5%). CATHAY GENERAL BANCORP produced more free cash flow last quarter ($363.7M vs $-5.5M). Over the past eight quarters, CATHAY GENERAL BANCORP's revenue compounded faster (12.8% CAGR vs -13.5%).

Cathay General Bancorp is a U.S.-headquartered bank holding company that operates Cathay Bank, offering full-spectrum commercial and personal banking services. It primarily serves Asian American communities and small-to-medium enterprises across major U.S. states including California, New York and Texas, as well as select Asian markets, with products covering deposits, loans, and wealth management solutions.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

CATY vs THRY — Head-to-Head

Bigger by revenue
CATY
CATY
1.3× larger
CATY
$222.8M
$167.7M
THRY
Growing faster (revenue YoY)
CATY
CATY
+27.0% gap
CATY
19.5%
-7.5%
THRY
Higher net margin
CATY
CATY
650.7% more per $
CATY
653.4%
2.7%
THRY
More free cash flow
CATY
CATY
$369.1M more FCF
CATY
$363.7M
$-5.5M
THRY
Faster 2-yr revenue CAGR
CATY
CATY
Annualised
CATY
12.8%
-13.5%
THRY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CATY
CATY
THRY
THRY
Revenue
$222.8M
$167.7M
Net Profit
$90.5M
$4.5M
Gross Margin
65.2%
Operating Margin
50.9%
37.3%
Net Margin
653.4%
2.7%
Revenue YoY
19.5%
-7.5%
Net Profit YoY
12.9%
147.2%
EPS (diluted)
$1.33
$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.

Revenue
CATY
CATY
THRY
THRY
Q1 26
$167.7M
Q4 25
$222.8M
$191.6M
Q3 25
$210.6M
$201.6M
Q2 25
$196.6M
$210.5M
Q1 25
$187.8M
$181.4M
Q4 24
$186.5M
$186.6M
Q3 24
$189.5M
$179.9M
Q2 24
$178.5M
$224.1M
Net Profit
CATY
CATY
THRY
THRY
Q1 26
$4.5M
Q4 25
$90.5M
$-9.7M
Q3 25
$77.7M
$5.7M
Q2 25
$77.5M
$13.9M
Q1 25
$69.5M
$-9.6M
Q4 24
$80.2M
$7.9M
Q3 24
$67.5M
$-96.1M
Q2 24
$66.8M
$5.5M
Gross Margin
CATY
CATY
THRY
THRY
Q1 26
65.2%
Q4 25
68.0%
Q3 25
67.7%
Q2 25
69.7%
Q1 25
65.8%
Q4 24
65.9%
Q3 24
62.3%
Q2 24
66.3%
Operating Margin
CATY
CATY
THRY
THRY
Q1 26
37.3%
Q4 25
50.9%
5.3%
Q3 25
44.5%
9.9%
Q2 25
49.0%
14.0%
Q1 25
46.1%
-1.7%
Q4 24
46.5%
-3.9%
Q3 24
41.2%
-49.2%
Q2 24
40.7%
14.0%
Net Margin
CATY
CATY
THRY
THRY
Q1 26
2.7%
Q4 25
653.4%
-5.0%
Q3 25
36.9%
2.8%
Q2 25
39.4%
6.6%
Q1 25
37.0%
-5.3%
Q4 24
587.9%
4.2%
Q3 24
35.6%
-53.4%
Q2 24
37.4%
2.5%
EPS (diluted)
CATY
CATY
THRY
THRY
Q1 26
$0.10
Q4 25
$1.33
$-0.21
Q3 25
$1.13
$0.13
Q2 25
$1.10
$0.31
Q1 25
$0.98
$-0.22
Q4 24
$1.11
$0.28
Q3 24
$0.94
$-2.65
Q2 24
$0.92
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CATY
CATY
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$8.0M
Total DebtLower is stronger
$119.1M
Stockholders' EquityBook value
$2.9B
$225.4M
Total Assets
$24.2B
$693.7M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CATY
CATY
THRY
THRY
Q1 26
$8.0M
Q4 25
$10.8M
Q3 25
$11.6M
Q2 25
$10.8M
Q1 25
$11.0M
Q4 24
$16.3M
Q3 24
$12.5M
Q2 24
$15.5M
Total Debt
CATY
CATY
THRY
THRY
Q1 26
Q4 25
$119.1M
$253.5M
Q3 25
$119.1M
$268.2M
Q2 25
$119.1M
$275.6M
Q1 25
$119.1M
$299.0M
Q4 24
$119.1M
$284.3M
Q3 24
$119.1M
$307.8M
Q2 24
$119.1M
$342.1M
Stockholders' Equity
CATY
CATY
THRY
THRY
Q1 26
$225.4M
Q4 25
$2.9B
$218.1M
Q3 25
$2.9B
$221.1M
Q2 25
$2.9B
$214.9M
Q1 25
$2.9B
$193.2M
Q4 24
$2.8B
$196.9M
Q3 24
$2.8B
$94.5M
Q2 24
$2.8B
$183.1M
Total Assets
CATY
CATY
THRY
THRY
Q1 26
$693.7M
Q4 25
$24.2B
$688.6M
Q3 25
$24.1B
$701.8M
Q2 25
$23.7B
$687.7M
Q1 25
$23.2B
$703.7M
Q4 24
$23.1B
$712.2M
Q3 24
$23.3B
$654.8M
Q2 24
$23.2B
$785.5M
Debt / Equity
CATY
CATY
THRY
THRY
Q1 26
Q4 25
0.04×
1.16×
Q3 25
0.04×
1.21×
Q2 25
0.04×
1.28×
Q1 25
0.04×
1.55×
Q4 24
0.04×
1.44×
Q3 24
0.04×
3.26×
Q2 24
0.04×
1.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CATY
CATY
THRY
THRY
Operating Cash FlowLast quarter
$368.6M
Free Cash FlowOCF − Capex
$363.7M
$-5.5M
FCF MarginFCF / Revenue
163.2%
-3.3%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
4.07×
TTM Free Cash FlowTrailing 4 quarters
$672.7M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CATY
CATY
THRY
THRY
Q1 26
Q4 25
$368.6M
$22.2M
Q3 25
$150.6M
$22.2M
Q2 25
$64.0M
$29.6M
Q1 25
$99.0M
$-10.5M
Q4 24
$329.2M
$26.1M
Q3 24
$81.2M
$36.0M
Q2 24
$72.9M
$22.2M
Free Cash Flow
CATY
CATY
THRY
THRY
Q1 26
$-5.5M
Q4 25
$363.7M
$12.3M
Q3 25
$150.1M
$14.6M
Q2 25
$62.7M
$21.8M
Q1 25
$96.3M
$-17.6M
Q4 24
$325.5M
$17.3M
Q3 24
$80.0M
$27.5M
Q2 24
$72.4M
$13.3M
FCF Margin
CATY
CATY
THRY
THRY
Q1 26
-3.3%
Q4 25
163.2%
6.4%
Q3 25
71.3%
7.2%
Q2 25
31.9%
10.4%
Q1 25
51.2%
-9.7%
Q4 24
174.6%
9.3%
Q3 24
42.2%
15.3%
Q2 24
40.5%
5.9%
Capex Intensity
CATY
CATY
THRY
THRY
Q1 26
Q4 25
2.2%
5.2%
Q3 25
0.2%
3.8%
Q2 25
0.6%
3.7%
Q1 25
1.4%
3.9%
Q4 24
1.9%
4.7%
Q3 24
0.6%
4.7%
Q2 24
0.3%
4.0%
Cash Conversion
CATY
CATY
THRY
THRY
Q1 26
Q4 25
4.07×
Q3 25
1.94×
3.93×
Q2 25
0.83×
2.12×
Q1 25
1.42×
Q4 24
4.10×
3.32×
Q3 24
1.20×
Q2 24
1.09×
4.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CATY
CATY

Segment breakdown not available.

THRY
THRY

SaaS$116.7M70%
Other$50.9M30%

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