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Side-by-side financial comparison of Clarus Corp (CLAR) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $35.3M, roughly 1.9× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs -47.8%, a 91.7% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -8.4%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $11.6M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

CLAR vs UNTY — Head-to-Head

Bigger by revenue
CLAR
CLAR
1.9× larger
CLAR
$65.4M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+32.5% gap
UNTY
24.2%
-8.4%
CLAR
Higher net margin
UNTY
UNTY
91.7% more per $
UNTY
43.9%
-47.8%
CLAR
More free cash flow
UNTY
UNTY
$32.8M more FCF
UNTY
$44.3M
$11.6M
CLAR
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
UNTY
UNTY
Revenue
$65.4M
$35.3M
Net Profit
$-31.3M
$15.5M
Gross Margin
27.7%
Operating Margin
-59.6%
55.8%
Net Margin
-47.8%
43.9%
Revenue YoY
-8.4%
24.2%
Net Profit YoY
52.3%
34.5%
EPS (diluted)
$-0.81
$1.52

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
CLAR
CLAR
UNTY
UNTY
Q4 25
$65.4M
$35.3M
Q3 25
$69.3M
$32.8M
Q2 25
$55.2M
$34.4M
Q1 25
$60.4M
$29.4M
Q4 24
$71.4M
$28.4M
Q3 24
$67.1M
$27.7M
Q2 24
$56.5M
$25.5M
Q1 24
$69.3M
$25.6M
Net Profit
CLAR
CLAR
UNTY
UNTY
Q4 25
$-31.3M
$15.5M
Q3 25
$-1.6M
$14.4M
Q2 25
$-8.4M
$16.5M
Q1 25
$-5.2M
$11.6M
Q4 24
$-65.5M
$11.5M
Q3 24
$-3.2M
$10.9M
Q2 24
$-5.5M
$9.5M
Q1 24
$21.9M
$9.6M
Gross Margin
CLAR
CLAR
UNTY
UNTY
Q4 25
27.7%
Q3 25
35.1%
Q2 25
35.6%
Q1 25
34.4%
Q4 24
33.4%
Q3 24
35.0%
Q2 24
36.1%
Q1 24
35.9%
Operating Margin
CLAR
CLAR
UNTY
UNTY
Q4 25
-59.6%
55.8%
Q3 25
-4.4%
57.5%
Q2 25
-19.7%
62.6%
Q1 25
-11.2%
52.6%
Q4 24
-70.2%
51.0%
Q3 24
-8.0%
52.7%
Q2 24
-14.4%
49.3%
Q1 24
-9.8%
50.0%
Net Margin
CLAR
CLAR
UNTY
UNTY
Q4 25
-47.8%
43.9%
Q3 25
-2.3%
43.8%
Q2 25
-15.3%
48.0%
Q1 25
-8.7%
39.5%
Q4 24
-91.8%
40.5%
Q3 24
-4.7%
39.4%
Q2 24
-9.7%
37.1%
Q1 24
31.6%
37.5%
EPS (diluted)
CLAR
CLAR
UNTY
UNTY
Q4 25
$-0.81
$1.52
Q3 25
$-0.04
$1.41
Q2 25
$-0.22
$1.61
Q1 25
$-0.14
$1.13
Q4 24
$-1.72
$1.13
Q3 24
$-0.08
$1.07
Q2 24
$-0.14
$0.92
Q1 24
$0.57
$0.94

Balance Sheet & Financial Strength

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

Metric
CLAR
CLAR
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$36.7M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$196.4M
$345.6M
Total Assets
$249.0M
$3.0B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
UNTY
UNTY
Q4 25
$36.7M
Q3 25
$29.5M
Q2 25
$28.5M
Q1 25
$41.3M
Q4 24
$45.4M
Q3 24
$36.4M
Q2 24
$46.2M
Q1 24
$47.5M
Total Debt
CLAR
CLAR
UNTY
UNTY
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
$230.8M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
UNTY
UNTY
Q4 25
$196.4M
$345.6M
Q3 25
$225.8M
$334.0M
Q2 25
$225.1M
$319.8M
Q1 25
$229.3M
$306.1M
Q4 24
$233.1M
$295.6M
Q3 24
$308.5M
$284.3M
Q2 24
$307.3M
$273.4M
Q1 24
$310.4M
$266.8M
Total Assets
CLAR
CLAR
UNTY
UNTY
Q4 25
$249.0M
$3.0B
Q3 25
$283.1M
$2.9B
Q2 25
$286.5M
$2.9B
Q1 25
$292.8M
$2.8B
Q4 24
$294.1M
$2.7B
Q3 24
$375.3M
$2.6B
Q2 24
$369.4M
$2.6B
Q1 24
$377.0M
$2.6B
Debt / Equity
CLAR
CLAR
UNTY
UNTY
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
0.78×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
CLAR
CLAR
UNTY
UNTY
Operating Cash FlowLast quarter
$12.5M
$44.9M
Free Cash FlowOCF − Capex
$11.6M
$44.3M
FCF MarginFCF / Revenue
17.7%
125.7%
Capex IntensityCapex / Revenue
1.4%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
UNTY
UNTY
Q4 25
$12.5M
$44.9M
Q3 25
$-5.7M
$45.5M
Q2 25
$-9.4M
$-25.3M
Q1 25
$-2.1M
$17.9M
Q4 24
$16.6M
$48.0M
Q3 24
$-8.3M
$17.7M
Q2 24
$834.0K
$-8.4M
Q1 24
$-16.4M
$15.8M
Free Cash Flow
CLAR
CLAR
UNTY
UNTY
Q4 25
$11.6M
$44.3M
Q3 25
$-7.0M
$45.3M
Q2 25
$-11.3M
$-25.5M
Q1 25
$-3.3M
$17.6M
Q4 24
$14.4M
$47.3M
Q3 24
$-9.4M
$17.5M
Q2 24
$-744.0K
$-8.6M
Q1 24
$-18.3M
$15.7M
FCF Margin
CLAR
CLAR
UNTY
UNTY
Q4 25
17.7%
125.7%
Q3 25
-10.0%
138.1%
Q2 25
-20.4%
-74.2%
Q1 25
-5.4%
59.9%
Q4 24
20.1%
166.5%
Q3 24
-14.0%
63.3%
Q2 24
-1.3%
-33.7%
Q1 24
-26.3%
61.4%
Capex Intensity
CLAR
CLAR
UNTY
UNTY
Q4 25
1.4%
1.6%
Q3 25
1.8%
0.7%
Q2 25
3.4%
0.5%
Q1 25
2.0%
1.0%
Q4 24
3.1%
2.4%
Q3 24
1.6%
0.5%
Q2 24
2.8%
0.5%
Q1 24
2.7%
0.3%
Cash Conversion
CLAR
CLAR
UNTY
UNTY
Q4 25
2.90×
Q3 25
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
-0.89×
Q1 24
-0.75×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

UNTY
UNTY

Segment breakdown not available.

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