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Side-by-side financial comparison of DLH Holdings Corp. (DLHC) and TRUSTCO BANK CORP N Y (TRST). Click either name above to swap in a different company.

DLH Holdings Corp. is the larger business by last-quarter revenue ($68.9M vs $49.5M, roughly 1.4× TRUSTCO BANK CORP N Y). TRUSTCO BANK CORP N Y runs the higher net margin — 32.9% vs -1.9%, a 34.8% gap on every dollar of revenue. Over the past eight quarters, TRUSTCO BANK CORP N Y's revenue compounded faster (6.8% 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.

TRUSTCO BANK CORP N Y is a regional U.S. financial holding company that provides a full suite of retail and commercial banking products and services, including personal deposit accounts, mortgage loans, small business financing, and wealth management solutions. It primarily operates across New York, Florida, and several other U.S. states, serving individual consumers and small business client segments.

DLHC vs TRST — Head-to-Head

Bigger by revenue
DLHC
DLHC
1.4× larger
DLHC
$68.9M
$49.5M
TRST
Higher net margin
TRST
TRST
34.8% more per $
TRST
32.9%
-1.9%
DLHC
Faster 2-yr revenue CAGR
TRST
TRST
Annualised
TRST
6.8%
-17.4%
DLHC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DLHC
DLHC
TRST
TRST
Revenue
$68.9M
$49.5M
Net Profit
$-1.3M
$16.3M
Gross Margin
Operating Margin
2.1%
Net Margin
-1.9%
32.9%
Revenue YoY
-24.1%
Net Profit YoY
-218.7%
14.1%
EPS (diluted)
$-0.09

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
TRST
TRST
Q1 26
$49.5M
Q4 25
$68.9M
$48.2M
Q3 25
$81.2M
$47.8M
Q2 25
$83.3M
$46.6M
Q1 25
$89.2M
$45.3M
Q4 24
$90.8M
$43.3M
Q3 24
$96.4M
$43.6M
Q2 24
$100.7M
$43.4M
Net Profit
DLHC
DLHC
TRST
TRST
Q1 26
$16.3M
Q4 25
$-1.3M
$15.6M
Q3 25
$-920.0K
$16.3M
Q2 25
$289.0K
$15.0M
Q1 25
$878.0K
$14.3M
Q4 24
$1.1M
$11.3M
Q3 24
$2.3M
$12.9M
Q2 24
$1.1M
$12.6M
Operating Margin
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
2.1%
43.7%
Q3 25
2.8%
44.6%
Q2 25
4.5%
42.3%
Q1 25
5.7%
41.3%
Q4 24
6.2%
34.0%
Q3 24
6.6%
38.8%
Q2 24
5.7%
37.9%
Net Margin
DLHC
DLHC
TRST
TRST
Q1 26
32.9%
Q4 25
-1.9%
32.3%
Q3 25
-1.1%
34.0%
Q2 25
0.3%
32.3%
Q1 25
1.0%
31.5%
Q4 24
1.2%
26.0%
Q3 24
2.4%
29.5%
Q2 24
1.1%
28.9%
EPS (diluted)
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
$-0.09
$0.85
Q3 25
$-0.07
$0.86
Q2 25
$0.02
$0.79
Q1 25
$0.06
$0.75
Q4 24
$0.08
$0.59
Q3 24
$0.16
$0.68
Q2 24
$0.08
$0.66

Balance Sheet & Financial Strength

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

Metric
DLHC
DLHC
TRST
TRST
Cash + ST InvestmentsLiquidity on hand
$257.0K
Total DebtLower is stronger
$133.5M
$112.9M
Stockholders' EquityBook value
$112.2M
$670.9M
Total Assets
$283.5M
$6.5B
Debt / EquityLower = less leverage
1.19×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
$257.0K
$730.4M
Q3 25
$125.0K
$695.6M
Q2 25
$194.0K
$713.6M
Q1 25
$196.0K
$756.1M
Q4 24
$451.0K
$641.8M
Q3 24
$342.0K
$523.0M
Q2 24
$423.0K
$536.1M
Total Debt
DLHC
DLHC
TRST
TRST
Q1 26
$112.9M
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
Stockholders' Equity
DLHC
DLHC
TRST
TRST
Q1 26
$670.9M
Q4 25
$112.2M
$686.6M
Q3 25
$113.0M
$692.0M
Q2 25
$113.7M
$692.8M
Q1 25
$112.8M
$687.8M
Q4 24
$111.4M
$676.3M
Q3 24
$110.1M
$669.0M
Q2 24
$108.6M
$655.2M
Total Assets
DLHC
DLHC
TRST
TRST
Q1 26
$6.5B
Q4 25
$283.5M
$6.4B
Q3 25
$290.7M
$6.3B
Q2 25
$299.3M
$6.3B
Q1 25
$306.6M
$6.3B
Q4 24
$325.0M
$6.2B
Q3 24
$314.4M
$6.1B
Q2 24
$325.0M
$6.1B
Debt / Equity
DLHC
DLHC
TRST
TRST
Q1 26
0.17×
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×

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
TRST
TRST
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-7.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$29.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
$-4.8M
$57.6M
Q3 25
$10.7M
$12.8M
Q2 25
$9.6M
$27.1M
Q1 25
$14.5M
$1.3M
Q4 24
$-11.5M
$59.4M
Q3 24
$12.4M
$16.5M
Q2 24
$4.6M
$18.7M
Free Cash Flow
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
$-4.8M
$45.7M
Q3 25
$10.7M
$10.0M
Q2 25
$9.4M
$24.9M
Q1 25
$14.0M
$-3.3M
Q4 24
$-12.1M
$54.6M
Q3 24
$12.2M
$15.6M
Q2 24
$4.5M
$17.6M
FCF Margin
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
-7.0%
95.0%
Q3 25
13.1%
20.9%
Q2 25
11.2%
53.5%
Q1 25
15.6%
-7.2%
Q4 24
-13.3%
126.0%
Q3 24
12.7%
35.7%
Q2 24
4.4%
40.5%
Capex Intensity
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
0.1%
24.6%
Q3 25
0.0%
5.9%
Q2 25
0.3%
4.5%
Q1 25
0.6%
10.0%
Q4 24
0.6%
11.3%
Q3 24
0.2%
2.1%
Q2 24
0.2%
2.6%
Cash Conversion
DLHC
DLHC
TRST
TRST
Q1 26
Q4 25
3.70×
Q3 25
0.79×
Q2 25
33.12×
1.80×
Q1 25
16.52×
0.09×
Q4 24
-10.35×
5.27×
Q3 24
5.42×
1.28×
Q2 24
4.06×
1.49×

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%

TRST
TRST

Net Interest Income$44.7M90%
Noninterest Income$4.8M10%

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