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Side-by-side financial comparison of Finwise Bancorp (FINW) and Inogen Inc (INGN). Click either name above to swap in a different company.

Inogen Inc is the larger business by last-quarter revenue ($68.6M vs $42.7M, roughly 1.6× Finwise Bancorp). Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs 4.2%).

Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.

Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.

FINW vs INGN — Head-to-Head

Bigger by revenue
INGN
INGN
1.6× larger
INGN
$68.6M
$42.7M
FINW
Faster 2-yr revenue CAGR
FINW
FINW
Annualised
FINW
47.0%
4.2%
INGN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FINW
FINW
INGN
INGN
Revenue
$42.7M
$68.6M
Net Profit
$2.7M
Gross Margin
51.4%
Operating Margin
-13.6%
Net Margin
6.4%
Revenue YoY
3.4%
Net Profit YoY
EPS (diluted)
$0.20
$-0.26

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
FINW
FINW
INGN
INGN
Q1 26
$42.7M
Q4 25
$46.9M
$68.6M
Q3 25
$36.7M
$79.1M
Q2 25
$25.1M
$79.2M
Q1 25
$22.1M
$68.5M
Q4 24
$21.1M
$66.3M
Q3 24
$20.8M
$74.9M
Q2 24
$19.8M
$74.4M
Net Profit
FINW
FINW
INGN
INGN
Q1 26
$2.7M
Q4 25
$3.9M
Q3 25
$4.9M
$-5.3M
Q2 25
$4.1M
$-4.2M
Q1 25
$3.2M
$-6.2M
Q4 24
$2.8M
Q3 24
$3.5M
$-6.0M
Q2 24
$3.2M
$-5.6M
Gross Margin
FINW
FINW
INGN
INGN
Q1 26
Q4 25
51.4%
Q3 25
52.2%
Q2 25
52.2%
Q1 25
53.1%
Q4 24
54.7%
Q3 24
55.2%
Q2 24
57.4%
Operating Margin
FINW
FINW
INGN
INGN
Q1 26
Q4 25
11.7%
-13.6%
Q3 25
17.5%
-9.0%
Q2 25
21.7%
-7.7%
Q1 25
20.1%
-11.2%
Q4 24
17.5%
-17.2%
Q3 24
22.2%
-10.4%
Q2 24
21.1%
-9.5%
Net Margin
FINW
FINW
INGN
INGN
Q1 26
6.4%
Q4 25
8.4%
Q3 25
13.3%
-6.7%
Q2 25
16.3%
-5.2%
Q1 25
14.4%
-9.0%
Q4 24
13.2%
Q3 24
16.6%
-8.0%
Q2 24
16.1%
-7.5%
EPS (diluted)
FINW
FINW
INGN
INGN
Q1 26
$0.20
Q4 25
$0.27
$-0.26
Q3 25
$0.34
$-0.20
Q2 25
$0.29
$-0.15
Q1 25
$0.23
$-0.25
Q4 24
$0.19
$-0.41
Q3 24
$0.25
$-0.25
Q2 24
$0.24
$-0.24

Balance Sheet & Financial Strength

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

Metric
FINW
FINW
INGN
INGN
Cash + ST InvestmentsLiquidity on hand
$103.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$196.6M
$192.2M
Total Assets
$899.4M
$298.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINW
FINW
INGN
INGN
Q1 26
Q4 25
$163.4M
$103.7M
Q3 25
$105.6M
$106.5M
Q2 25
$90.1M
$103.7M
Q1 25
$120.3M
$118.9M
Q4 24
$109.2M
$113.8M
Q3 24
$85.8M
$105.7M
Q2 24
$89.0M
$97.9M
Stockholders' Equity
FINW
FINW
INGN
INGN
Q1 26
$196.6M
Q4 25
$193.2M
$192.2M
Q3 25
$187.8M
$197.2M
Q2 25
$182.0M
$199.5M
Q1 25
$177.4M
$198.0M
Q4 24
$173.7M
$173.9M
Q3 24
$170.4M
$185.4M
Q2 24
$165.8M
$187.6M
Total Assets
FINW
FINW
INGN
INGN
Q1 26
$899.4M
Q4 25
$977.1M
$298.6M
Q3 25
$899.9M
$307.0M
Q2 25
$842.5M
$312.0M
Q1 25
$804.1M
$308.4M
Q4 24
$746.0M
$296.2M
Q3 24
$683.0M
$306.2M
Q2 24
$617.8M
$308.9M

Cash Flow & Capital Efficiency

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

Metric
FINW
FINW
INGN
INGN
Operating Cash FlowLast quarter
$-943.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-2.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINW
FINW
INGN
INGN
Q1 26
Q4 25
$-28.4M
$-943.0K
Q3 25
$3.5M
$2.2M
Q2 25
$-18.3M
$4.3M
Q1 25
$-21.6M
$-16.8M
Q4 24
$-15.0M
$-3.0M
Q3 24
$-9.8M
$7.0M
Q2 24
$-7.6M
$6.7M
Free Cash Flow
FINW
FINW
INGN
INGN
Q1 26
Q4 25
$-28.6M
$-1.9M
Q3 25
$3.4M
$1.6M
Q2 25
$-19.8M
$3.7M
Q1 25
$-23.3M
$-17.1M
Q4 24
$-16.1M
$-3.3M
Q3 24
$-13.4M
$5.3M
Q2 24
$-7.7M
$6.6M
FCF Margin
FINW
FINW
INGN
INGN
Q1 26
Q4 25
-61.1%
-2.8%
Q3 25
9.4%
2.0%
Q2 25
-79.0%
4.6%
Q1 25
-105.3%
-24.9%
Q4 24
-76.0%
-5.0%
Q3 24
-64.3%
7.1%
Q2 24
-38.7%
8.9%
Capex Intensity
FINW
FINW
INGN
INGN
Q1 26
Q4 25
0.5%
1.4%
Q3 25
0.1%
0.7%
Q2 25
5.8%
0.9%
Q1 25
7.4%
0.4%
Q4 24
5.1%
0.5%
Q3 24
17.2%
2.2%
Q2 24
0.3%
0.1%
Cash Conversion
FINW
FINW
INGN
INGN
Q1 26
Q4 25
-7.26×
Q3 25
0.71×
Q2 25
-4.48×
Q1 25
-6.78×
Q4 24
-5.37×
Q3 24
-2.84×
Q2 24
-2.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FINW
FINW

Net Interest Income$28.1M66%
Noninterest Income$14.6M34%

INGN
INGN

Other$36.1M53%
Non Us$32.5M47%

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