vs

Side-by-side financial comparison of CITIZENS & NORTHERN CORP (CZNC) and INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC). Click either name above to swap in a different company.

CITIZENS & NORTHERN CORP is the larger business by last-quarter revenue ($36.9M vs $21.8M, roughly 1.7× INNOVATIVE SOLUTIONS & SUPPORT INC). INNOVATIVE SOLUTIONS & SUPPORT INC runs the higher net margin — 18.6% vs 12.1%, a 6.5% gap on every dollar of revenue. On growth, INNOVATIVE SOLUTIONS & SUPPORT INC posted the faster year-over-year revenue change (36.6% vs 31.6%). CITIZENS & NORTHERN CORP produced more free cash flow last quarter ($30.1M vs $7.0M). Over the past eight quarters, INNOVATIVE SOLUTIONS & SUPPORT INC's revenue compounded faster (42.5% CAGR vs 19.7%).

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody. Northern Trust Corporation is incorporated in Delaw...

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc., and is its legal successor; the former company's mobile phone division was spun off as Motorola Mobility, now part of Chinese technology company...

CZNC vs ISSC — Head-to-Head

Bigger by revenue
CZNC
CZNC
1.7× larger
CZNC
$36.9M
$21.8M
ISSC
Growing faster (revenue YoY)
ISSC
ISSC
+5.0% gap
ISSC
36.6%
31.6%
CZNC
Higher net margin
ISSC
ISSC
6.5% more per $
ISSC
18.6%
12.1%
CZNC
More free cash flow
CZNC
CZNC
$23.0M more FCF
CZNC
$30.1M
$7.0M
ISSC
Faster 2-yr revenue CAGR
ISSC
ISSC
Annualised
ISSC
42.5%
19.7%
CZNC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CZNC
CZNC
ISSC
ISSC
Revenue
$36.9M
$21.8M
Net Profit
$4.5M
$4.1M
Gross Margin
54.5%
Operating Margin
14.6%
28.9%
Net Margin
12.1%
18.6%
Revenue YoY
31.6%
36.6%
Net Profit YoY
-45.4%
451.4%
EPS (diluted)
$0.22

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
CZNC
CZNC
ISSC
ISSC
Q4 25
$36.9M
$21.8M
Q3 25
$29.6M
$22.2M
Q2 25
$29.3M
$24.1M
Q1 25
$27.0M
$21.9M
Q4 24
$28.0M
$16.0M
Q3 24
$27.3M
$15.4M
Q2 24
$27.3M
$11.8M
Q1 24
$25.7M
$10.7M
Net Profit
CZNC
CZNC
ISSC
ISSC
Q4 25
$4.5M
$4.1M
Q3 25
$6.6M
$7.1M
Q2 25
$6.1M
$2.4M
Q1 25
$6.3M
$5.3M
Q4 24
$8.2M
$736.2K
Q3 24
$6.4M
$3.2M
Q2 24
$6.1M
$1.6M
Q1 24
$5.3M
$1.2M
Gross Margin
CZNC
CZNC
ISSC
ISSC
Q4 25
54.5%
Q3 25
63.2%
Q2 25
35.5%
Q1 25
51.4%
Q4 24
41.4%
Q3 24
55.4%
Q2 24
53.4%
Q1 24
52.0%
Operating Margin
CZNC
CZNC
ISSC
ISSC
Q4 25
14.6%
28.9%
Q3 25
27.1%
37.0%
Q2 25
25.7%
14.6%
Q1 25
28.6%
31.8%
Q4 24
36.1%
8.4%
Q3 24
28.6%
28.4%
Q2 24
27.4%
17.3%
Q1 24
25.1%
15.3%
Net Margin
CZNC
CZNC
ISSC
ISSC
Q4 25
12.1%
18.6%
Q3 25
22.2%
32.0%
Q2 25
20.9%
10.1%
Q1 25
23.3%
24.3%
Q4 24
29.2%
4.6%
Q3 24
23.3%
20.7%
Q2 24
22.4%
13.2%
Q1 24
20.6%
11.3%
EPS (diluted)
CZNC
CZNC
ISSC
ISSC
Q4 25
$0.22
Q3 25
$0.42
$0.40
Q2 25
$0.40
$0.14
Q1 25
$0.41
$0.30
Q4 24
$0.53
$0.04
Q3 24
$0.41
$0.18
Q2 24
$0.40
$0.09
Q1 24
$0.35
$0.07

Balance Sheet & Financial Strength

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

Metric
CZNC
CZNC
ISSC
ISSC
Cash + ST InvestmentsLiquidity on hand
$46.1M
$8.3M
Total DebtLower is stronger
$23.8M
Stockholders' EquityBook value
$341.7M
$68.7M
Total Assets
$3.1B
$109.9M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CZNC
CZNC
ISSC
ISSC
Q4 25
$46.1M
$8.3M
Q3 25
$123.1M
$2.7M
Q2 25
$99.6M
$601.8K
Q1 25
$114.7M
$1.2M
Q4 24
$126.2M
$604.6K
Q3 24
$184.2M
$539.0K
Q2 24
$100.4M
$521.0K
Q1 24
$46.4M
$574.1K
Total Debt
CZNC
CZNC
ISSC
ISSC
Q4 25
$23.8M
Q3 25
$24.4M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CZNC
CZNC
ISSC
ISSC
Q4 25
$341.7M
$68.7M
Q3 25
$294.0M
$64.6M
Q2 25
$286.4M
$56.8M
Q1 25
$281.8M
$53.5M
Q4 24
$275.3M
$47.8M
Q3 24
$277.3M
$46.6M
Q2 24
$263.2M
$43.2M
Q1 24
$261.7M
$41.4M
Total Assets
CZNC
CZNC
ISSC
ISSC
Q4 25
$3.1B
$109.9M
Q3 25
$2.7B
$103.4M
Q2 25
$2.6B
$91.8M
Q1 25
$2.6B
$89.9M
Q4 24
$2.6B
$81.3M
Q3 24
$2.7B
$82.4M
Q2 24
$2.6B
$59.8M
Q1 24
$2.5B
$57.6M
Debt / Equity
CZNC
CZNC
ISSC
ISSC
Q4 25
0.35×
Q3 25
0.38×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CZNC
CZNC
ISSC
ISSC
Operating Cash FlowLast quarter
$32.0M
$8.2M
Free Cash FlowOCF − Capex
$30.1M
$7.0M
FCF MarginFCF / Revenue
81.6%
32.3%
Capex IntensityCapex / Revenue
5.2%
5.1%
Cash ConversionOCF / Net Profit
7.17×
2.01×
TTM Free Cash FlowTrailing 4 quarters
$50.1M
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CZNC
CZNC
ISSC
ISSC
Q4 25
$32.0M
$8.2M
Q3 25
$11.3M
$3.0M
Q2 25
$8.5M
$7.2M
Q1 25
$1.6M
$1.3M
Q4 24
$33.0M
$1.8M
Q3 24
$6.6M
$445.3K
Q2 24
$8.6M
$934.1K
Q1 24
$5.7M
$201.1K
Free Cash Flow
CZNC
CZNC
ISSC
ISSC
Q4 25
$30.1M
$7.0M
Q3 25
$10.9M
$2.0M
Q2 25
$8.0M
$3.5M
Q1 25
$1.0M
$-267.7K
Q4 24
$31.1M
$1.6M
Q3 24
$6.4M
$299.5K
Q2 24
$8.0M
$730.8K
Q1 24
$5.0M
$75.4K
FCF Margin
CZNC
CZNC
ISSC
ISSC
Q4 25
81.6%
32.3%
Q3 25
36.9%
8.8%
Q2 25
27.4%
14.6%
Q1 25
3.9%
-1.2%
Q4 24
111.1%
9.9%
Q3 24
23.6%
1.9%
Q2 24
29.2%
6.2%
Q1 24
19.4%
0.7%
Capex Intensity
CZNC
CZNC
ISSC
ISSC
Q4 25
5.2%
5.1%
Q3 25
1.4%
4.5%
Q2 25
1.7%
15.3%
Q1 25
2.0%
7.1%
Q4 24
6.8%
1.6%
Q3 24
0.5%
0.9%
Q2 24
2.4%
1.7%
Q1 24
2.9%
1.2%
Cash Conversion
CZNC
CZNC
ISSC
ISSC
Q4 25
7.17×
2.01×
Q3 25
1.73×
0.42×
Q2 25
1.39×
2.95×
Q1 25
0.25×
0.24×
Q4 24
4.04×
2.50×
Q3 24
1.04×
0.14×
Q2 24
1.41×
0.60×
Q1 24
1.08×
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CZNC
CZNC

Segment breakdown not available.

ISSC
ISSC

Products$13.6M62%
Services$8.2M38%

Related Comparisons