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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and SMARTFINANCIAL INC. (SMBK). Click either name above to swap in a different company.

SMARTFINANCIAL INC. is the larger business by last-quarter revenue ($53.8M vs $40.3M, roughly 1.3× Cambium Networks Corp). SMARTFINANCIAL INC. runs the higher net margin — 25.4% vs -17.9%, a 43.4% gap on every dollar of revenue. Over the past eight quarters, SMARTFINANCIAL INC.'s revenue compounded faster (15.4% CAGR vs -27.2%).

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.

CMBM vs SMBK — Head-to-Head

Bigger by revenue
SMBK
SMBK
1.3× larger
SMBK
$53.8M
$40.3M
CMBM
Higher net margin
SMBK
SMBK
43.4% more per $
SMBK
25.4%
-17.9%
CMBM
Faster 2-yr revenue CAGR
SMBK
SMBK
Annualised
SMBK
15.4%
-27.2%
CMBM

Income Statement — Q4 FY2024 vs Q1 FY2026

Metric
CMBM
CMBM
SMBK
SMBK
Revenue
$40.3M
$53.8M
Net Profit
$-7.2M
$13.7M
Gross Margin
36.6%
Operating Margin
-28.4%
Net Margin
-17.9%
25.4%
Revenue YoY
-23.2%
Net Profit YoY
71.0%
21.6%
EPS (diluted)
$-0.26
$0.81

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
CMBM
CMBM
SMBK
SMBK
Q1 26
$53.8M
Q4 25
$53.3M
Q3 25
$51.1M
Q2 25
$49.2M
Q1 25
$46.8M
Q4 24
$40.3M
$46.8M
Q3 24
$44.7M
$44.2M
Q2 24
$45.2M
$40.4M
Net Profit
CMBM
CMBM
SMBK
SMBK
Q1 26
$13.7M
Q4 25
$13.7M
Q3 25
$13.7M
Q2 25
$11.7M
Q1 25
$11.3M
Q4 24
$-7.2M
$9.6M
Q3 24
$-34.5M
$9.1M
Q2 24
$-14.2M
$8.0M
Gross Margin
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Operating Margin
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
31.3%
Q3 25
33.2%
Q2 25
29.0%
Q1 25
29.0%
Q4 24
-28.4%
26.5%
Q3 24
-69.6%
24.3%
Q2 24
-27.2%
25.6%
Net Margin
CMBM
CMBM
SMBK
SMBK
Q1 26
25.4%
Q4 25
25.7%
Q3 25
26.8%
Q2 25
23.8%
Q1 25
24.0%
Q4 24
-17.9%
20.6%
Q3 24
-77.3%
20.7%
Q2 24
-31.5%
19.8%
EPS (diluted)
CMBM
CMBM
SMBK
SMBK
Q1 26
$0.81
Q4 25
$0.81
Q3 25
$0.81
Q2 25
$0.69
Q1 25
$0.67
Q4 24
$-0.26
$0.57
Q3 24
$-1.22
$0.54
Q2 24
$-0.51
$0.48

Balance Sheet & Financial Strength

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

Metric
CMBM
CMBM
SMBK
SMBK
Cash + ST InvestmentsLiquidity on hand
$346.1M
Total DebtLower is stronger
$67.6M
Stockholders' EquityBook value
$-3.2M
$562.2M
Total Assets
$173.7M
$5.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBM
CMBM
SMBK
SMBK
Q1 26
$346.1M
Q4 25
$464.4M
Q3 25
$557.1M
Q2 25
$365.1M
Q1 25
$423.0M
Q4 24
$387.6M
Q3 24
$192.9M
Q2 24
$342.8M
Total Debt
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
Q3 25
$1.3M
Q2 25
$7.0M
Q1 25
$7.6M
Q4 24
$67.6M
$8.1M
Q3 24
$67.6M
$9.0M
Q2 24
$68.9M
$12.7M
Stockholders' Equity
CMBM
CMBM
SMBK
SMBK
Q1 26
$562.2M
Q4 25
$552.4M
Q3 25
$538.4M
Q2 25
$519.0M
Q1 25
$505.8M
Q4 24
$-3.2M
$491.3M
Q3 24
$1.9M
$489.0M
Q2 24
$34.1M
$472.5M
Total Assets
CMBM
CMBM
SMBK
SMBK
Q1 26
$5.9B
Q4 25
$5.9B
Q3 25
$5.8B
Q2 25
$5.5B
Q1 25
$5.4B
Q4 24
$173.7M
$5.3B
Q3 24
$194.3M
$4.9B
Q2 24
$221.1M
$4.9B
Debt / Equity
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.01×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
36.12×
0.02×
Q2 24
2.02×
0.03×

Cash Flow & Capital Efficiency

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

Metric
CMBM
CMBM
SMBK
SMBK
Operating Cash FlowLast quarter
$-10.4M
Free Cash FlowOCF − Capex
$-10.8M
FCF MarginFCF / Revenue
-26.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
$61.7M
Q3 25
$16.9M
Q2 25
$14.0M
Q1 25
$14.3M
Q4 24
$-10.4M
$52.7M
Q3 24
$8.9M
$12.4M
Q2 24
$2.4M
$16.5M
Free Cash Flow
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
$59.3M
Q3 25
$16.6M
Q2 25
$13.2M
Q1 25
$13.4M
Q4 24
$-10.8M
$46.3M
Q3 24
$6.8M
$11.3M
Q2 24
$87.0K
$15.4M
FCF Margin
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
111.3%
Q3 25
32.4%
Q2 25
26.9%
Q1 25
28.5%
Q4 24
-26.8%
98.9%
Q3 24
15.2%
25.7%
Q2 24
0.2%
38.2%
Capex Intensity
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
4.5%
Q3 25
0.6%
Q2 25
1.6%
Q1 25
2.0%
Q4 24
1.1%
13.7%
Q3 24
4.8%
2.4%
Q2 24
5.1%
2.7%
Cash Conversion
CMBM
CMBM
SMBK
SMBK
Q1 26
Q4 25
4.50×
Q3 25
1.23×
Q2 25
1.20×
Q1 25
1.27×
Q4 24
5.47×
Q3 24
1.36×
Q2 24
2.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBM
CMBM

Enterprise$16.6M41%
Point To Multi Point$16.4M41%
Other$5.8M14%

SMBK
SMBK

Net Interest Income$45.9M85%
Noninterest Income$7.9M15%

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