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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and BingEx Ltd (FLX). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $143.2M, roughly 1.6× BingEx Ltd). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 2.2%, a 2.2% gap on every dollar of revenue.

CSW vs FLX — Head-to-Head

Bigger by revenue
CSW
CSW
1.6× larger
CSW
$233.0M
$143.2M
FLX
Higher net margin
CSW
CSW
2.2% more per $
CSW
4.4%
2.2%
FLX

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
FLX
FLX
Revenue
$233.0M
$143.2M
Net Profit
$10.3M
$3.2M
Gross Margin
39.7%
10.8%
Operating Margin
7.4%
Net Margin
4.4%
2.2%
Revenue YoY
20.3%
Net Profit YoY
-61.9%
EPS (diluted)
$0.62

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
CSW
CSW
FLX
FLX
Q1 26
$143.2M
Q4 25
$233.0M
Q3 25
$277.0M
$141.2M
Q2 25
$263.6M
$143.0M
Q1 25
$230.5M
$141.0M
Q4 24
$193.6M
Q3 24
$227.9M
$164.6M
Q2 24
$226.2M
Net Profit
CSW
CSW
FLX
FLX
Q1 26
$3.2M
Q4 25
$10.3M
Q3 25
$40.7M
$6.1M
Q2 25
$40.9M
$7.5M
Q1 25
$35.1M
$27.6M
Q4 24
$26.9M
Q3 24
$36.1M
$3.4M
Q2 24
$38.6M
Gross Margin
CSW
CSW
FLX
FLX
Q1 26
10.8%
Q4 25
39.7%
Q3 25
43.0%
11.1%
Q2 25
43.8%
12.0%
Q1 25
44.2%
10.0%
Q4 24
41.4%
Q3 24
45.6%
11.3%
Q2 24
47.5%
Operating Margin
CSW
CSW
FLX
FLX
Q1 26
Q4 25
7.4%
Q3 25
20.5%
1.4%
Q2 25
20.8%
1.9%
Q1 25
19.5%
Q4 24
15.3%
Q3 24
22.6%
4.0%
Q2 24
24.3%
Net Margin
CSW
CSW
FLX
FLX
Q1 26
2.2%
Q4 25
4.4%
Q3 25
14.7%
4.4%
Q2 25
15.5%
5.2%
Q1 25
15.2%
19.6%
Q4 24
13.9%
Q3 24
15.8%
2.1%
Q2 24
17.1%
EPS (diluted)
CSW
CSW
FLX
FLX
Q1 26
Q4 25
$0.62
Q3 25
$2.41
Q2 25
$2.43
Q1 25
$2.05
Q4 24
$1.60
Q3 24
$2.26
Q2 24
$2.47

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
FLX
FLX
Cash + ST InvestmentsLiquidity on hand
$40.2M
$561.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
Total Assets
$2.3B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
FLX
FLX
Q1 26
$561.1M
Q4 25
$40.2M
Q3 25
$31.5M
$628.6M
Q2 25
$38.0M
$499.4M
Q1 25
$225.8M
$592.4M
Q4 24
$213.8M
Q3 24
$273.2M
$517.4M
Q2 24
$18.9M
Total Debt
CSW
CSW
FLX
FLX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CSW
CSW
FLX
FLX
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$650.2M
Total Assets
CSW
CSW
FLX
FLX
Q1 26
$1.3B
Q4 25
$2.3B
Q3 25
$1.5B
$1.3B
Q2 25
$1.5B
$1.2B
Q1 25
$1.4B
$1.2B
Q4 24
$1.4B
Q3 24
$1.4B
$926.8M
Q2 24
$1.1B
Debt / Equity
CSW
CSW
FLX
FLX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CSW
CSW
FLX
FLX
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
FLX
FLX
Q1 26
Q4 25
$28.9M
Q3 25
$61.8M
Q2 25
$60.6M
Q1 25
$27.3M
Q4 24
$11.6M
Q3 24
$66.8M
Q2 24
$62.7M
Free Cash Flow
CSW
CSW
FLX
FLX
Q1 26
Q4 25
$22.7M
Q3 25
$58.7M
Q2 25
$57.7M
Q1 25
$22.8M
Q4 24
$8.5M
Q3 24
$61.3M
Q2 24
$59.6M
FCF Margin
CSW
CSW
FLX
FLX
Q1 26
Q4 25
9.8%
Q3 25
21.2%
Q2 25
21.9%
Q1 25
9.9%
Q4 24
4.4%
Q3 24
26.9%
Q2 24
26.3%
Capex Intensity
CSW
CSW
FLX
FLX
Q1 26
Q4 25
2.6%
Q3 25
1.1%
Q2 25
1.1%
Q1 25
2.0%
Q4 24
1.6%
Q3 24
2.4%
Q2 24
1.4%
Cash Conversion
CSW
CSW
FLX
FLX
Q1 26
Q4 25
2.81×
Q3 25
1.52×
Q2 25
1.48×
Q1 25
0.78×
Q4 24
0.43×
Q3 24
1.85×
Q2 24
1.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

FLX
FLX

Segment breakdown not available.

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