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Side-by-side financial comparison of CROSS COUNTRY HEALTHCARE INC (CCRN) and INDEPENDENT BANK CORP (INDB). Click either name above to swap in a different company.

CROSS COUNTRY HEALTHCARE INC is the larger business by last-quarter revenue ($236.8M vs $212.5M, roughly 1.1× INDEPENDENT BANK CORP). INDEPENDENT BANK CORP runs the higher net margin — 35.5% vs -35.0%, a 70.5% gap on every dollar of revenue. On growth, INDEPENDENT BANK CORP posted the faster year-over-year revenue change (46.9% vs -23.6%). INDEPENDENT BANK CORP produced more free cash flow last quarter ($75.5M vs $16.1M). Over the past eight quarters, INDEPENDENT BANK CORP's revenue compounded faster (24.3% CAGR vs -21.0%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan.

CCRN vs INDB — Head-to-Head

Bigger by revenue
CCRN
CCRN
1.1× larger
CCRN
$236.8M
$212.5M
INDB
Growing faster (revenue YoY)
INDB
INDB
+70.5% gap
INDB
46.9%
-23.6%
CCRN
Higher net margin
INDB
INDB
70.5% more per $
INDB
35.5%
-35.0%
CCRN
More free cash flow
INDB
INDB
$59.4M more FCF
INDB
$75.5M
$16.1M
CCRN
Faster 2-yr revenue CAGR
INDB
INDB
Annualised
INDB
24.3%
-21.0%
CCRN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CCRN
CCRN
INDB
INDB
Revenue
$236.8M
$212.5M
Net Profit
$-82.9M
$75.3M
Gross Margin
Operating Margin
-30.2%
Net Margin
-35.0%
35.5%
Revenue YoY
-23.6%
46.9%
Net Profit YoY
-2109.7%
50.6%
EPS (diluted)
$-2.56
$1.51

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
CCRN
CCRN
INDB
INDB
Q4 25
$236.8M
$212.5M
Q3 25
$250.1M
$203.3M
Q2 25
$274.1M
$147.5M
Q1 25
$293.4M
$145.5M
Q4 24
$309.9M
$144.7M
Q3 24
$315.1M
$141.7M
Q2 24
$339.8M
$137.9M
Q1 24
$379.2M
$137.4M
Net Profit
CCRN
CCRN
INDB
INDB
Q4 25
$-82.9M
$75.3M
Q3 25
$-4.8M
$34.3M
Q2 25
$-6.7M
$51.1M
Q1 25
$-490.0K
$44.4M
Q4 24
$-3.8M
$50.0M
Q3 24
$2.6M
$42.9M
Q2 24
$-16.1M
$51.3M
Q1 24
$2.7M
$47.8M
Gross Margin
CCRN
CCRN
INDB
INDB
Q4 25
Q3 25
20.4%
Q2 25
20.4%
Q1 25
20.0%
Q4 24
Q3 24
20.4%
Q2 24
20.8%
Q1 24
20.4%
Operating Margin
CCRN
CCRN
INDB
INDB
Q4 25
-30.2%
Q3 25
-2.4%
21.8%
Q2 25
-2.1%
44.6%
Q1 25
-0.3%
39.3%
Q4 24
-1.1%
Q3 24
0.9%
39.0%
Q2 24
-5.7%
48.1%
Q1 24
0.8%
45.5%
Net Margin
CCRN
CCRN
INDB
INDB
Q4 25
-35.0%
35.5%
Q3 25
-1.9%
16.8%
Q2 25
-2.4%
34.6%
Q1 25
-0.2%
30.5%
Q4 24
-1.2%
34.6%
Q3 24
0.8%
30.3%
Q2 24
-4.7%
37.2%
Q1 24
0.7%
34.8%
EPS (diluted)
CCRN
CCRN
INDB
INDB
Q4 25
$-2.56
$1.51
Q3 25
$-0.15
$0.69
Q2 25
$-0.20
$1.20
Q1 25
$-0.02
$1.04
Q4 24
$-0.13
$1.18
Q3 24
$0.08
$1.01
Q2 24
$-0.47
$1.21
Q1 24
$0.08
$1.12

Balance Sheet & Financial Strength

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

Metric
CCRN
CCRN
INDB
INDB
Cash + ST InvestmentsLiquidity on hand
$108.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$322.8M
$3.6B
Total Assets
$449.0M
$24.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCRN
CCRN
INDB
INDB
Q4 25
$108.7M
Q3 25
$99.1M
Q2 25
$81.2M
Q1 25
$80.7M
Q4 24
$81.6M
Q3 24
$64.0M
Q2 24
$69.6M
Q1 24
$5.2M
Stockholders' Equity
CCRN
CCRN
INDB
INDB
Q4 25
$322.8M
$3.6B
Q3 25
$408.1M
$3.5B
Q2 25
$412.2M
$3.1B
Q1 25
$418.2M
$3.0B
Q4 24
$419.0M
$3.0B
Q3 24
$424.7M
$3.0B
Q2 24
$433.3M
$2.9B
Q1 24
$462.4M
$2.9B
Total Assets
CCRN
CCRN
INDB
INDB
Q4 25
$449.0M
$24.9B
Q3 25
$538.2M
$25.0B
Q2 25
$553.8M
$20.0B
Q1 25
$576.2M
$19.9B
Q4 24
$589.3M
$19.4B
Q3 24
$597.4M
$19.4B
Q2 24
$602.9M
$19.4B
Q1 24
$648.4M
$19.3B

Cash Flow & Capital Efficiency

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

Metric
CCRN
CCRN
INDB
INDB
Operating Cash FlowLast quarter
$18.2M
$78.9M
Free Cash FlowOCF − Capex
$16.1M
$75.5M
FCF MarginFCF / Revenue
6.8%
35.5%
Capex IntensityCapex / Revenue
0.9%
1.6%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCRN
CCRN
INDB
INDB
Q4 25
$18.2M
$78.9M
Q3 25
$20.1M
$52.2M
Q2 25
$4.2M
$106.7M
Q1 25
$5.7M
$13.3M
Q4 24
$24.2M
$42.9M
Q3 24
$7.5M
$70.2M
Q2 24
$82.4M
$65.6M
Q1 24
$6.0M
$51.1M
Free Cash Flow
CCRN
CCRN
INDB
INDB
Q4 25
$16.1M
$75.5M
Q3 25
$17.9M
$49.7M
Q2 25
$2.3M
$102.5M
Q1 25
$3.8M
$11.3M
Q4 24
$21.7M
$36.5M
Q3 24
$6.3M
$64.4M
Q2 24
$79.6M
$61.9M
Q1 24
$3.8M
$46.7M
FCF Margin
CCRN
CCRN
INDB
INDB
Q4 25
6.8%
35.5%
Q3 25
7.2%
24.4%
Q2 25
0.8%
69.5%
Q1 25
1.3%
7.8%
Q4 24
7.0%
25.2%
Q3 24
2.0%
45.4%
Q2 24
23.4%
44.9%
Q1 24
1.0%
34.0%
Capex Intensity
CCRN
CCRN
INDB
INDB
Q4 25
0.9%
1.6%
Q3 25
0.9%
1.2%
Q2 25
0.7%
2.9%
Q1 25
0.6%
1.4%
Q4 24
0.8%
4.4%
Q3 24
0.4%
4.1%
Q2 24
0.8%
2.7%
Q1 24
0.6%
3.2%
Cash Conversion
CCRN
CCRN
INDB
INDB
Q4 25
1.05×
Q3 25
1.52×
Q2 25
2.09×
Q1 25
0.30×
Q4 24
0.86×
Q3 24
2.92×
1.64×
Q2 24
1.28×
Q1 24
2.23×
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CCRN
CCRN

Temporary Staffing Services$189.6M80%
Physician Staffing$42.5M18%
Other Services$4.7M2%

INDB
INDB

Segment breakdown not available.

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