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Side-by-side financial comparison of Eventbrite, Inc. (EB) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

Eventbrite, Inc. is the larger business by last-quarter revenue ($73.5M vs $67.6M, roughly 1.1× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -11.1%, a 44.7% gap on every dollar of revenue. Over the past eight quarters, MERCANTILE BANK CORP's revenue compounded faster (9.1% CAGR vs -7.7%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

EB vs MBWM — Head-to-Head

Bigger by revenue
EB
EB
1.1× larger
EB
$73.5M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
44.7% more per $
MBWM
33.6%
-11.1%
EB
Faster 2-yr revenue CAGR
MBWM
MBWM
Annualised
MBWM
9.1%
-7.7%
EB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EB
EB
MBWM
MBWM
Revenue
$73.5M
$67.6M
Net Profit
$-8.2M
$22.7M
Gross Margin
68.1%
Operating Margin
-12.4%
Net Margin
-11.1%
33.6%
Revenue YoY
-3.9%
Net Profit YoY
2.5%
16.1%
EPS (diluted)
$-0.08
$1.32

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
EB
EB
MBWM
MBWM
Q1 26
$67.6M
Q4 25
$73.5M
$62.1M
Q3 25
$71.7M
$62.4M
Q2 25
$72.8M
$60.9M
Q1 25
$73.8M
$57.3M
Q4 24
$76.5M
$58.5M
Q3 24
$77.8M
$58.0M
Q2 24
$84.6M
$56.8M
Net Profit
EB
EB
MBWM
MBWM
Q1 26
$22.7M
Q4 25
$-8.2M
$22.8M
Q3 25
$6.4M
$23.8M
Q2 25
$-2.1M
$22.6M
Q1 25
$-6.6M
$19.5M
Q4 24
$-8.4M
$19.6M
Q3 24
$-3.8M
$19.6M
Q2 24
$1.1M
$18.8M
Gross Margin
EB
EB
MBWM
MBWM
Q1 26
Q4 25
68.1%
Q3 25
67.9%
Q2 25
67.5%
Q1 25
66.9%
Q4 24
68.2%
Q3 24
68.5%
Q2 24
70.9%
Operating Margin
EB
EB
MBWM
MBWM
Q1 26
Q4 25
-12.4%
42.0%
Q3 25
-1.3%
44.0%
Q2 25
-8.7%
42.6%
Q1 25
-13.2%
42.0%
Q4 24
-10.2%
39.7%
Q3 24
-11.5%
42.4%
Q2 24
-7.6%
41.4%
Net Margin
EB
EB
MBWM
MBWM
Q1 26
33.6%
Q4 25
-11.1%
36.8%
Q3 25
8.9%
38.1%
Q2 25
-2.9%
37.1%
Q1 25
-9.0%
34.1%
Q4 24
-11.0%
33.5%
Q3 24
-4.8%
33.8%
Q2 24
1.3%
33.1%
EPS (diluted)
EB
EB
MBWM
MBWM
Q1 26
$1.32
Q4 25
$-0.08
$1.41
Q3 25
$0.06
$1.46
Q2 25
$-0.02
$1.39
Q1 25
$-0.07
$1.21
Q4 24
$-0.09
$1.20
Q3 24
$-0.04
$1.22
Q2 24
$0.01
$1.17

Balance Sheet & Financial Strength

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

Metric
EB
EB
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$299.9M
Total DebtLower is stronger
$144.4M
$1.5M
Stockholders' EquityBook value
$179.1M
$736.9M
Total Assets
$647.2M
$6.9B
Debt / EquityLower = less leverage
0.81×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
MBWM
MBWM
Q1 26
Q4 25
$299.9M
Q3 25
Q2 25
Q1 25
Q4 24
$441.5M
Q3 24
$24.7M
Q2 24
$56.7M
Total Debt
EB
EB
MBWM
MBWM
Q1 26
$1.5M
Q4 25
$144.4M
Q3 25
$174.9M
Q2 25
$241.3M
Q1 25
$241.0M
Q4 24
$240.7M
Q3 24
$240.4M
Q2 24
$358.7M
Stockholders' Equity
EB
EB
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$179.1M
$724.9M
Q3 25
$189.1M
$657.6M
Q2 25
$177.2M
$631.5M
Q1 25
$173.3M
$608.3M
Q4 24
$170.2M
$584.5M
Q3 24
$179.8M
$583.3M
Q2 24
$176.2M
$551.2M
Total Assets
EB
EB
MBWM
MBWM
Q1 26
$6.9B
Q4 25
$647.2M
$6.8B
Q3 25
$744.6M
$6.3B
Q2 25
$784.1M
$6.2B
Q1 25
$812.3M
$6.1B
Q4 24
$752.3M
$6.1B
Q3 24
$817.4M
$5.9B
Q2 24
$894.5M
$5.6B
Debt / Equity
EB
EB
MBWM
MBWM
Q1 26
0.00×
Q4 25
0.81×
Q3 25
0.92×
Q2 25
1.36×
Q1 25
1.39×
Q4 24
1.41×
Q3 24
1.34×
Q2 24
2.04×

Cash Flow & Capital Efficiency

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

Metric
EB
EB
MBWM
MBWM
Operating Cash FlowLast quarter
$-60.8M
Free Cash FlowOCF − Capex
$-60.9M
FCF MarginFCF / Revenue
-82.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
MBWM
MBWM
Q1 26
Q4 25
$-60.8M
$18.0M
Q3 25
$36.7M
$23.1M
Q2 25
$-17.5M
$-7.8M
Q1 25
$59.4M
$-3.0M
Q4 24
$-45.3M
$101.1M
Q3 24
$44.6M
$-8.1M
Q2 24
$-32.3M
$9.1M
Free Cash Flow
EB
EB
MBWM
MBWM
Q1 26
Q4 25
$-60.9M
Q3 25
$36.6M
Q2 25
$-17.5M
Q1 25
$59.4M
Q4 24
$-45.3M
Q3 24
$44.4M
Q2 24
$-32.4M
FCF Margin
EB
EB
MBWM
MBWM
Q1 26
Q4 25
-82.8%
Q3 25
51.1%
Q2 25
-24.1%
Q1 25
80.4%
Q4 24
-59.2%
Q3 24
57.1%
Q2 24
-38.3%
Capex Intensity
EB
EB
MBWM
MBWM
Q1 26
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.1%
Cash Conversion
EB
EB
MBWM
MBWM
Q1 26
Q4 25
0.79×
Q3 25
5.76×
0.97×
Q2 25
-0.35×
Q1 25
-0.15×
Q4 24
5.15×
Q3 24
-0.41×
Q2 24
-30.37×
0.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

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