vs

Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) and WESTAMERICA BANCORPORATION (WABC). Click either name above to swap in a different company.

WESTAMERICA BANCORPORATION is the larger business by last-quarter revenue ($63.3M vs $62.1M, roughly 1.0× Cytek Biosciences, Inc.). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs -70.9%, a 114.9% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs -9.0%). WESTAMERICA BANCORPORATION produced more free cash flow last quarter ($119.7M vs $-1.8M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs -8.6%).

Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.

Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.

CTKB vs WABC — Head-to-Head

Bigger by revenue
WABC
WABC
1.0× larger
WABC
$63.3M
$62.1M
CTKB
Growing faster (revenue YoY)
CTKB
CTKB
+17.1% gap
CTKB
8.1%
-9.0%
WABC
Higher net margin
WABC
WABC
114.9% more per $
WABC
43.9%
-70.9%
CTKB
More free cash flow
WABC
WABC
$121.4M more FCF
WABC
$119.7M
$-1.8M
CTKB
Faster 2-yr revenue CAGR
CTKB
CTKB
Annualised
CTKB
17.7%
-8.6%
WABC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTKB
CTKB
WABC
WABC
Revenue
$62.1M
$63.3M
Net Profit
$-44.1M
$27.8M
Gross Margin
52.9%
Operating Margin
-9.0%
59.8%
Net Margin
-70.9%
43.9%
Revenue YoY
8.1%
-9.0%
Net Profit YoY
-557.1%
-12.3%
EPS (diluted)
$1.12

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
CTKB
CTKB
WABC
WABC
Q4 25
$62.1M
$63.3M
Q3 25
$52.3M
$63.7M
Q2 25
$45.6M
$64.6M
Q1 25
$41.5M
$66.4M
Q4 24
$57.5M
$69.6M
Q3 24
$51.5M
$74.1M
Q2 24
$46.6M
$74.3M
Q1 24
$44.9M
$75.8M
Net Profit
CTKB
CTKB
WABC
WABC
Q4 25
$-44.1M
$27.8M
Q3 25
$-5.5M
$28.3M
Q2 25
$-5.6M
$29.1M
Q1 25
$-11.4M
$31.0M
Q4 24
$9.6M
$31.7M
Q3 24
$941.0K
$35.1M
Q2 24
$-10.4M
$35.5M
Q1 24
$-6.2M
$36.4M
Gross Margin
CTKB
CTKB
WABC
WABC
Q4 25
52.9%
Q3 25
52.7%
Q2 25
52.3%
Q1 25
48.6%
Q4 24
58.5%
Q3 24
56.3%
Q2 24
54.6%
Q1 24
51.3%
Operating Margin
CTKB
CTKB
WABC
WABC
Q4 25
-9.0%
59.8%
Q3 25
-17.6%
59.5%
Q2 25
-23.3%
60.5%
Q1 25
-36.1%
63.0%
Q4 24
5.2%
62.8%
Q3 24
-8.2%
64.5%
Q2 24
-18.3%
64.8%
Q1 24
-23.9%
65.2%
Net Margin
CTKB
CTKB
WABC
WABC
Q4 25
-70.9%
43.9%
Q3 25
-10.5%
44.3%
Q2 25
-12.2%
45.0%
Q1 25
-27.5%
46.7%
Q4 24
16.8%
45.6%
Q3 24
1.8%
47.3%
Q2 24
-22.4%
47.8%
Q1 24
-13.8%
48.0%
EPS (diluted)
CTKB
CTKB
WABC
WABC
Q4 25
$1.12
Q3 25
$1.12
Q2 25
$1.12
Q1 25
$1.16
Q4 24
$1.19
Q3 24
$1.31
Q2 24
$1.33
Q1 24
$1.37

Balance Sheet & Financial Strength

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

Metric
CTKB
CTKB
WABC
WABC
Cash + ST InvestmentsLiquidity on hand
$90.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$341.7M
$933.5M
Total Assets
$461.5M
$6.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTKB
CTKB
WABC
WABC
Q4 25
$90.9M
Q3 25
$93.3M
Q2 25
$75.5M
Q1 25
$95.3M
Q4 24
$98.7M
Q3 24
$162.3M
Q2 24
$177.9M
Q1 24
$168.8M
Stockholders' Equity
CTKB
CTKB
WABC
WABC
Q4 25
$341.7M
$933.5M
Q3 25
$378.6M
$931.6M
Q2 25
$377.6M
$921.8M
Q1 25
$379.6M
$923.1M
Q4 24
$395.7M
$890.0M
Q3 24
$385.5M
$909.0M
Q2 24
$389.1M
$815.6M
Q1 24
$392.6M
$791.7M
Total Assets
CTKB
CTKB
WABC
WABC
Q4 25
$461.5M
$6.0B
Q3 25
$494.9M
$5.9B
Q2 25
$493.3M
$5.8B
Q1 25
$482.6M
$6.0B
Q4 24
$499.5M
$6.1B
Q3 24
$491.2M
$6.2B
Q2 24
$483.7M
$6.3B
Q1 24
$492.1M
$6.5B

Cash Flow & Capital Efficiency

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

Metric
CTKB
CTKB
WABC
WABC
Operating Cash FlowLast quarter
$-771.0K
$121.9M
Free Cash FlowOCF − Capex
$-1.8M
$119.7M
FCF MarginFCF / Revenue
-2.9%
189.0%
Capex IntensityCapex / Revenue
1.6%
3.5%
Cash ConversionOCF / Net Profit
4.38×
TTM Free Cash FlowTrailing 4 quarters
$-8.8M
$213.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTKB
CTKB
WABC
WABC
Q4 25
$-771.0K
$121.9M
Q3 25
$-3.9M
$29.4M
Q2 25
$108.0K
$23.5M
Q1 25
$-125.0K
$42.4M
Q4 24
$2.0M
$141.6M
Q3 24
$13.2M
$40.6M
Q2 24
$6.2M
$19.0M
Q1 24
$4.0M
$52.2M
Free Cash Flow
CTKB
CTKB
WABC
WABC
Q4 25
$-1.8M
$119.7M
Q3 25
$-4.6M
$28.7M
Q2 25
$-1.5M
$22.8M
Q1 25
$-974.0K
$42.2M
Q4 24
$1.1M
$139.8M
Q3 24
$12.2M
$40.1M
Q2 24
$5.2M
$18.6M
Q1 24
$3.4M
$52.1M
FCF Margin
CTKB
CTKB
WABC
WABC
Q4 25
-2.9%
189.0%
Q3 25
-8.7%
45.1%
Q2 25
-3.2%
35.3%
Q1 25
-2.3%
63.5%
Q4 24
1.9%
201.0%
Q3 24
23.7%
54.1%
Q2 24
11.0%
25.0%
Q1 24
7.6%
68.7%
Capex Intensity
CTKB
CTKB
WABC
WABC
Q4 25
1.6%
3.5%
Q3 25
1.3%
1.1%
Q2 25
3.5%
1.1%
Q1 25
2.0%
0.3%
Q4 24
1.6%
2.5%
Q3 24
2.0%
0.7%
Q2 24
2.3%
0.6%
Q1 24
1.3%
0.2%
Cash Conversion
CTKB
CTKB
WABC
WABC
Q4 25
4.38×
Q3 25
1.04×
Q2 25
0.81×
Q1 25
1.37×
Q4 24
0.21×
4.47×
Q3 24
14.05×
1.16×
Q2 24
0.54×
Q1 24
1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTKB
CTKB

Products$46.6M75%
Services$15.5M25%

WABC
WABC

Segment breakdown not available.

Related Comparisons