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Side-by-side financial comparison of FARMER BROTHERS CO (FARM) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

FARMER BROTHERS CO is the larger business by last-quarter revenue ($88.9M vs $57.8M, roughly 1.5× WASHINGTON TRUST BANCORP INC). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -5.5%, a 27.3% gap on every dollar of revenue. Over the past eight quarters, WASHINGTON TRUST BANCORP INC's revenue compounded faster (9.5% CAGR vs 2.1%).

Farmer Bros. Co. is an American coffee foodservice company based in Fort Worth, Texas. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

FARM vs WASH — Head-to-Head

Bigger by revenue
FARM
FARM
1.5× larger
FARM
$88.9M
$57.8M
WASH
Higher net margin
WASH
WASH
27.3% more per $
WASH
21.8%
-5.5%
FARM
Faster 2-yr revenue CAGR
WASH
WASH
Annualised
WASH
9.5%
2.1%
FARM

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FARM
FARM
WASH
WASH
Revenue
$88.9M
$57.8M
Net Profit
$-4.9M
$12.6M
Gross Margin
36.3%
Operating Margin
-4.7%
Net Margin
-5.5%
21.8%
Revenue YoY
-1.2%
Net Profit YoY
-2417.1%
3.5%
EPS (diluted)
$-0.22
$0.66

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
FARM
FARM
WASH
WASH
Q1 26
$57.8M
Q4 25
$88.9M
$59.3M
Q3 25
$81.6M
$56.5M
Q2 25
$85.1M
$54.3M
Q1 25
$82.1M
$59.1M
Q4 24
$90.0M
$12.4M
Q3 24
$85.1M
$48.5M
Q2 24
$84.4M
$48.2M
Net Profit
FARM
FARM
WASH
WASH
Q1 26
$12.6M
Q4 25
$-4.9M
$16.0M
Q3 25
$-4.0M
$10.8M
Q2 25
$-4.7M
$13.2M
Q1 25
$-5.0M
$12.2M
Q4 24
$210.0K
$-60.8M
Q3 24
$-5.0M
$11.0M
Q2 24
$-4.6M
$10.8M
Gross Margin
FARM
FARM
WASH
WASH
Q1 26
Q4 25
36.3%
Q3 25
39.7%
Q2 25
44.9%
Q1 25
42.1%
Q4 24
43.1%
Q3 24
43.9%
Q2 24
38.8%
Operating Margin
FARM
FARM
WASH
WASH
Q1 26
Q4 25
-4.7%
34.9%
Q3 25
-3.9%
24.7%
Q2 25
4.6%
31.6%
Q1 25
-4.3%
26.5%
Q4 24
1.1%
-648.7%
Q3 24
-3.3%
28.5%
Q2 24
-4.9%
28.7%
Net Margin
FARM
FARM
WASH
WASH
Q1 26
21.8%
Q4 25
-5.5%
27.0%
Q3 25
-4.9%
19.2%
Q2 25
-5.6%
24.4%
Q1 25
-6.1%
20.6%
Q4 24
0.2%
-491.4%
Q3 24
-5.9%
22.6%
Q2 24
-5.4%
22.4%
EPS (diluted)
FARM
FARM
WASH
WASH
Q1 26
$0.66
Q4 25
$-0.22
$0.84
Q3 25
$-0.19
$0.56
Q2 25
$-0.22
$0.68
Q1 25
$-0.23
$0.63
Q4 24
$0.01
$-3.54
Q3 24
$-0.24
$0.64
Q2 24
$-0.23
$0.63

Balance Sheet & Financial Strength

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

Metric
FARM
FARM
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$4.2M
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.7M
$546.8M
Total Assets
$151.4M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FARM
FARM
WASH
WASH
Q1 26
$12.3M
Q4 25
$4.2M
Q3 25
$3.8M
Q2 25
$6.8M
Q1 25
$4.1M
Q4 24
$5.5M
Q3 24
$3.3M
Q2 24
$5.8M
Stockholders' Equity
FARM
FARM
WASH
WASH
Q1 26
$546.8M
Q4 25
$35.7M
$543.6M
Q3 25
$40.0M
$533.0M
Q2 25
$43.5M
$527.5M
Q1 25
$37.3M
$521.7M
Q4 24
$41.5M
$499.7M
Q3 24
$40.9M
$502.2M
Q2 24
$45.5M
$471.0M
Total Assets
FARM
FARM
WASH
WASH
Q1 26
$6.5B
Q4 25
$151.4M
$6.6B
Q3 25
$158.8M
$6.7B
Q2 25
$161.2M
$6.7B
Q1 25
$163.2M
$6.6B
Q4 24
$179.1M
$6.9B
Q3 24
$182.0M
$7.1B
Q2 24
$185.2M
$7.2B

Cash Flow & Capital Efficiency

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

Metric
FARM
FARM
WASH
WASH
Operating Cash FlowLast quarter
$-786.0K
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-2.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FARM
FARM
WASH
WASH
Q1 26
Q4 25
$-786.0K
$80.3M
Q3 25
$-5.0M
$39.6M
Q2 25
$9.7M
$11.3M
Q1 25
$1.3M
$8.4M
Q4 24
$2.6M
$57.7M
Q3 24
$2.5M
$25.7M
Q2 24
$-995.0K
$11.2M
Free Cash Flow
FARM
FARM
WASH
WASH
Q1 26
Q4 25
$-2.6M
$78.3M
Q3 25
$-6.9M
$39.3M
Q2 25
$10.9M
Q1 25
$-684.0K
$8.4M
Q4 24
$521.0K
$53.7M
Q3 24
$-837.0K
$24.4M
Q2 24
$9.6M
FCF Margin
FARM
FARM
WASH
WASH
Q1 26
Q4 25
-2.9%
132.2%
Q3 25
-8.5%
69.6%
Q2 25
20.2%
Q1 25
-0.8%
14.2%
Q4 24
0.6%
433.8%
Q3 24
-1.0%
50.4%
Q2 24
19.8%
Capex Intensity
FARM
FARM
WASH
WASH
Q1 26
Q4 25
2.1%
3.4%
Q3 25
2.4%
0.6%
Q2 25
0.7%
Q1 25
2.4%
0.1%
Q4 24
2.3%
32.3%
Q3 24
3.9%
2.6%
Q2 24
3.4%
Cash Conversion
FARM
FARM
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
0.86×
Q1 25
0.69×
Q4 24
12.16×
Q3 24
2.34×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FARM
FARM

Coffee Roasted$45.5M51%
Tea Iced Hot$23.3M26%
Culinary$14.1M16%
Spice$4.9M5%
Fuel Surcharge$1.2M1%

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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