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Side-by-side financial comparison of Finwise Bancorp (FINW) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

Viridian Therapeutics, Inc.\DE is the larger business by last-quarter revenue ($70.6M vs $42.7M, roughly 1.7× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs -49.0%, a 55.4% gap on every dollar of revenue.

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

FINW vs VRDN — Head-to-Head

Bigger by revenue
VRDN
VRDN
1.7× larger
VRDN
$70.6M
$42.7M
FINW
Higher net margin
FINW
FINW
55.4% more per $
FINW
6.4%
-49.0%
VRDN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FINW
FINW
VRDN
VRDN
Revenue
$42.7M
$70.6M
Net Profit
$2.7M
$-34.6M
Gross Margin
Operating Margin
-56.7%
Net Margin
6.4%
-49.0%
Revenue YoY
81958.1%
Net Profit YoY
54.9%
EPS (diluted)
$0.20

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
VRDN
VRDN
Q1 26
$42.7M
Q4 25
$46.9M
Q3 25
$36.7M
$70.6M
Q2 25
$25.1M
Q1 25
$22.1M
Q4 24
$21.1M
Q3 24
$20.8M
Q2 24
$19.8M
Net Profit
FINW
FINW
VRDN
VRDN
Q1 26
$2.7M
Q4 25
$3.9M
Q3 25
$4.9M
$-34.6M
Q2 25
$4.1M
Q1 25
$3.2M
Q4 24
$2.8M
Q3 24
$3.5M
Q2 24
$3.2M
Operating Margin
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
11.7%
Q3 25
17.5%
-56.7%
Q2 25
21.7%
Q1 25
20.1%
Q4 24
17.5%
Q3 24
22.2%
Q2 24
21.1%
Net Margin
FINW
FINW
VRDN
VRDN
Q1 26
6.4%
Q4 25
8.4%
Q3 25
13.3%
-49.0%
Q2 25
16.3%
Q1 25
14.4%
Q4 24
13.2%
Q3 24
16.6%
Q2 24
16.1%
EPS (diluted)
FINW
FINW
VRDN
VRDN
Q1 26
$0.20
Q4 25
$0.27
Q3 25
$0.34
Q2 25
$0.29
Q1 25
$0.23
Q4 24
$0.19
Q3 24
$0.25
Q2 24
$0.24

Balance Sheet & Financial Strength

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

Metric
FINW
FINW
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$196.6M
$503.0M
Total Assets
$899.4M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
$163.4M
Q3 25
$105.6M
$490.9M
Q2 25
$90.1M
Q1 25
$120.3M
Q4 24
$109.2M
Q3 24
$85.8M
Q2 24
$89.0M
Stockholders' Equity
FINW
FINW
VRDN
VRDN
Q1 26
$196.6M
Q4 25
$193.2M
Q3 25
$187.8M
$503.0M
Q2 25
$182.0M
Q1 25
$177.4M
Q4 24
$173.7M
Q3 24
$170.4M
Q2 24
$165.8M
Total Assets
FINW
FINW
VRDN
VRDN
Q1 26
$899.4M
Q4 25
$977.1M
Q3 25
$899.9M
$577.1M
Q2 25
$842.5M
Q1 25
$804.1M
Q4 24
$746.0M
Q3 24
$683.0M
Q2 24
$617.8M

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
VRDN
VRDN
Operating Cash FlowLast quarter
$-84.6M
Free Cash FlowOCF − Capex
$-84.7M
FCF MarginFCF / Revenue
-120.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
$-28.4M
Q3 25
$3.5M
$-84.6M
Q2 25
$-18.3M
Q1 25
$-21.6M
Q4 24
$-15.0M
Q3 24
$-9.8M
Q2 24
$-7.6M
Free Cash Flow
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
$-28.6M
Q3 25
$3.4M
$-84.7M
Q2 25
$-19.8M
Q1 25
$-23.3M
Q4 24
$-16.1M
Q3 24
$-13.4M
Q2 24
$-7.7M
FCF Margin
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
-61.1%
Q3 25
9.4%
-120.1%
Q2 25
-79.0%
Q1 25
-105.3%
Q4 24
-76.0%
Q3 24
-64.3%
Q2 24
-38.7%
Capex Intensity
FINW
FINW
VRDN
VRDN
Q1 26
Q4 25
0.5%
Q3 25
0.1%
0.2%
Q2 25
5.8%
Q1 25
7.4%
Q4 24
5.1%
Q3 24
17.2%
Q2 24
0.3%
Cash Conversion
FINW
FINW
VRDN
VRDN
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%

VRDN
VRDN

Segment breakdown not available.

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