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Side-by-side financial comparison of DLH Holdings Corp. (DLHC) and MetroCity Bankshares, Inc. (MCBS). Click either name above to swap in a different company.

DLH Holdings Corp. is the larger business by last-quarter revenue ($68.9M vs $43.7M, roughly 1.6× MetroCity Bankshares, Inc.). MetroCity Bankshares, Inc. runs the higher net margin — 50.5% vs -1.9%, a 52.4% gap on every dollar of revenue. On growth, MetroCity Bankshares, Inc. posted the faster year-over-year revenue change (23.6% vs -24.1%). MetroCity Bankshares, Inc. produced more free cash flow last quarter ($37.0M vs $-4.8M). Over the past eight quarters, MetroCity Bankshares, Inc.'s revenue compounded faster (15.7% CAGR vs -17.4%).

DLH Holdings Corp. is a U.S.-based provider of technology-enabled healthcare, logistics, engineering, and mission support services primarily serving federal government agencies including the Department of Veterans Affairs, Department of Defense, and Department of Health and Human Services, as well as select state and local government clients across core public service segments.

Metro City Bank is a Korean-American bank based in Doraville, Georgia and offers personal and commercial banking services. It is the largest Korean-American bank to not be based out of Los Angeles, California. It currently operates a total of 19 branches in Texas, New York, New Jersey, Virginia, Georgia, Alabama, and Florida.

DLHC vs MCBS — Head-to-Head

Bigger by revenue
DLHC
DLHC
1.6× larger
DLHC
$68.9M
$43.7M
MCBS
Growing faster (revenue YoY)
MCBS
MCBS
+47.7% gap
MCBS
23.6%
-24.1%
DLHC
Higher net margin
MCBS
MCBS
52.4% more per $
MCBS
50.5%
-1.9%
DLHC
More free cash flow
MCBS
MCBS
$41.8M more FCF
MCBS
$37.0M
$-4.8M
DLHC
Faster 2-yr revenue CAGR
MCBS
MCBS
Annualised
MCBS
15.7%
-17.4%
DLHC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLHC
DLHC
MCBS
MCBS
Revenue
$68.9M
$43.7M
Net Profit
$-1.3M
$18.1M
Gross Margin
Operating Margin
2.1%
52.8%
Net Margin
-1.9%
50.5%
Revenue YoY
-24.1%
23.6%
Net Profit YoY
-218.7%
11.7%
EPS (diluted)
$-0.09
$0.69

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
DLHC
DLHC
MCBS
MCBS
Q4 25
$68.9M
$43.7M
Q3 25
$81.2M
$38.0M
Q2 25
$83.3M
$37.9M
Q1 25
$89.2M
$36.0M
Q4 24
$90.8M
$35.4M
Q3 24
$96.4M
$36.9M
Q2 24
$100.7M
$36.3M
Q1 24
$101.0M
$32.7M
Net Profit
DLHC
DLHC
MCBS
MCBS
Q4 25
$-1.3M
$18.1M
Q3 25
$-920.0K
$17.3M
Q2 25
$289.0K
$16.8M
Q1 25
$878.0K
$16.3M
Q4 24
$1.1M
$16.2M
Q3 24
$2.3M
$16.7M
Q2 24
$1.1M
$16.9M
Q1 24
$1.8M
$14.6M
Operating Margin
DLHC
DLHC
MCBS
MCBS
Q4 25
2.1%
52.8%
Q3 25
2.8%
62.8%
Q2 25
4.5%
62.4%
Q1 25
5.7%
61.3%
Q4 24
6.2%
58.9%
Q3 24
6.6%
61.4%
Q2 24
5.7%
64.4%
Q1 24
5.9%
62.6%
Net Margin
DLHC
DLHC
MCBS
MCBS
Q4 25
-1.9%
50.5%
Q3 25
-1.1%
45.5%
Q2 25
0.3%
44.4%
Q1 25
1.0%
45.3%
Q4 24
1.2%
54.0%
Q3 24
2.4%
45.3%
Q2 24
1.1%
46.7%
Q1 24
1.8%
44.8%
EPS (diluted)
DLHC
DLHC
MCBS
MCBS
Q4 25
$-0.09
$0.69
Q3 25
$-0.07
$0.67
Q2 25
$0.02
$0.65
Q1 25
$0.06
$0.63
Q4 24
$0.08
$0.64
Q3 24
$0.16
$0.65
Q2 24
$0.08
$0.66
Q1 24
$0.12
$0.57

Balance Sheet & Financial Strength

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

Metric
DLHC
DLHC
MCBS
MCBS
Cash + ST InvestmentsLiquidity on hand
$257.0K
$383.7M
Total DebtLower is stronger
$133.5M
Stockholders' EquityBook value
$112.2M
$544.2M
Total Assets
$283.5M
$4.8B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLHC
DLHC
MCBS
MCBS
Q4 25
$257.0K
$383.7M
Q3 25
$125.0K
$227.2M
Q2 25
$194.0K
$286.0M
Q1 25
$196.0K
$285.1M
Q4 24
$451.0K
$249.9M
Q3 24
$342.0K
$291.2M
Q2 24
$423.0K
$327.9M
Q1 24
$238.0K
$258.8M
Total Debt
DLHC
DLHC
MCBS
MCBS
Q4 25
$133.5M
Q3 25
$128.0M
Q2 25
$138.3M
Q1 25
$147.3M
Q4 24
$162.2M
Q3 24
$149.4M
Q2 24
$160.9M
Q1 24
$164.8M
Stockholders' Equity
DLHC
DLHC
MCBS
MCBS
Q4 25
$112.2M
$544.2M
Q3 25
$113.0M
$445.9M
Q2 25
$113.7M
$436.1M
Q1 25
$112.8M
$428.0M
Q4 24
$111.4M
$421.4M
Q3 24
$110.1M
$407.2M
Q2 24
$108.6M
$407.2M
Q1 24
$106.8M
$396.6M
Total Assets
DLHC
DLHC
MCBS
MCBS
Q4 25
$283.5M
$4.8B
Q3 25
$290.7M
$3.6B
Q2 25
$299.3M
$3.6B
Q1 25
$306.6M
$3.7B
Q4 24
$325.0M
$3.6B
Q3 24
$314.4M
$3.6B
Q2 24
$325.0M
$3.6B
Q1 24
$325.9M
$3.6B
Debt / Equity
DLHC
DLHC
MCBS
MCBS
Q4 25
1.19×
Q3 25
1.13×
Q2 25
1.22×
Q1 25
1.31×
Q4 24
1.46×
Q3 24
1.36×
Q2 24
1.48×
Q1 24
1.54×

Cash Flow & Capital Efficiency

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

Metric
DLHC
DLHC
MCBS
MCBS
Operating Cash FlowLast quarter
$-4.8M
$37.7M
Free Cash FlowOCF − Capex
$-4.8M
$37.0M
FCF MarginFCF / Revenue
-7.0%
84.7%
Capex IntensityCapex / Revenue
0.1%
1.5%
Cash ConversionOCF / Net Profit
2.08×
TTM Free Cash FlowTrailing 4 quarters
$29.2M
$79.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLHC
DLHC
MCBS
MCBS
Q4 25
$-4.8M
$37.7M
Q3 25
$10.7M
$16.5M
Q2 25
$9.6M
$14.5M
Q1 25
$14.5M
$11.9M
Q4 24
$-11.5M
$63.5M
Q3 24
$12.4M
$-11.5M
Q2 24
$4.6M
$19.4M
Q1 24
$5.2M
$36.4M
Free Cash Flow
DLHC
DLHC
MCBS
MCBS
Q4 25
$-4.8M
$37.0M
Q3 25
$10.7M
$16.2M
Q2 25
$9.4M
$14.3M
Q1 25
$14.0M
$11.8M
Q4 24
$-12.1M
$62.2M
Q3 24
$12.2M
$-11.8M
Q2 24
$4.5M
$19.0M
Q1 24
$4.9M
$36.1M
FCF Margin
DLHC
DLHC
MCBS
MCBS
Q4 25
-7.0%
84.7%
Q3 25
13.1%
42.7%
Q2 25
11.2%
37.8%
Q1 25
15.6%
32.9%
Q4 24
-13.3%
175.8%
Q3 24
12.7%
-31.9%
Q2 24
4.4%
52.4%
Q1 24
4.9%
110.6%
Capex Intensity
DLHC
DLHC
MCBS
MCBS
Q4 25
0.1%
1.5%
Q3 25
0.0%
0.7%
Q2 25
0.3%
0.3%
Q1 25
0.6%
0.2%
Q4 24
0.6%
3.6%
Q3 24
0.2%
0.8%
Q2 24
0.2%
1.0%
Q1 24
0.3%
0.7%
Cash Conversion
DLHC
DLHC
MCBS
MCBS
Q4 25
2.08×
Q3 25
0.95×
Q2 25
33.12×
0.86×
Q1 25
16.52×
0.73×
Q4 24
-10.35×
3.91×
Q3 24
5.42×
-0.69×
Q2 24
4.06×
1.14×
Q1 24
2.89×
2.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLHC
DLHC

Sales Channel Directly To Consumer$64.5M94%
Sales Channel Through Intermediary$4.4M6%

MCBS
MCBS

Segment breakdown not available.

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