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Side-by-side financial comparison of FARMERS & MERCHANTS BANCORP INC (FMAO) and Nano Dimension Ltd. (NNDM). Click either name above to swap in a different company.

Nano Dimension Ltd. is the larger business by last-quarter revenue ($57.8M vs $32.5M, roughly 1.8× FARMERS & MERCHANTS BANCORP INC). FARMERS & MERCHANTS BANCORP INC runs the higher net margin — 30.2% vs -171.1%, a 201.2% gap on every dollar of revenue. FARMERS & MERCHANTS BANCORP INC produced more free cash flow last quarter ($35.0M vs $-21.1M).

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

Nano Dimension Ltd. is a leading provider of additively manufactured electronics solutions and 3D printing technologies. It designs high-precision 3D printers, related materials, and software for producing printed circuit boards, microelectronics components, and multi-layer electronic devices, serving aerospace, defense, medical, automotive, and industrial electronics segments across global markets.

FMAO vs NNDM — Head-to-Head

Bigger by revenue
NNDM
NNDM
1.8× larger
NNDM
$57.8M
$32.5M
FMAO
Higher net margin
FMAO
FMAO
201.2% more per $
FMAO
30.2%
-171.1%
NNDM
More free cash flow
FMAO
FMAO
$56.1M more FCF
FMAO
$35.0M
$-21.1M
NNDM

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
FMAO
FMAO
NNDM
NNDM
Revenue
$32.5M
$57.8M
Net Profit
$9.8M
$-98.8M
Gross Margin
43.1%
Operating Margin
39.5%
-155.1%
Net Margin
30.2%
-171.1%
Revenue YoY
21.0%
Net Profit YoY
16.8%
EPS (diluted)
$0.72
$-0.45

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
FMAO
FMAO
NNDM
NNDM
Q4 25
$32.5M
Q3 25
$31.3M
Q2 25
$29.6M
Q1 25
$28.1M
Q4 24
$26.8M
$57.8M
Q3 24
$25.5M
Q2 24
$25.1M
$28.4M
Q1 24
$24.1M
Net Profit
FMAO
FMAO
NNDM
NNDM
Q4 25
$9.8M
Q3 25
$8.9M
Q2 25
$7.7M
Q1 25
$7.0M
Q4 24
$8.4M
$-98.8M
Q3 24
$6.5M
Q2 24
$5.7M
$-79.2M
Q1 24
$5.4M
Gross Margin
FMAO
FMAO
NNDM
NNDM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
43.1%
Q3 24
Q2 24
45.8%
Q1 24
Operating Margin
FMAO
FMAO
NNDM
NNDM
Q4 25
39.5%
Q3 25
35.9%
Q2 25
32.7%
Q1 25
31.2%
Q4 24
39.2%
-155.1%
Q3 24
31.7%
Q2 24
28.5%
Q1 24
28.2%
Net Margin
FMAO
FMAO
NNDM
NNDM
Q4 25
30.2%
Q3 25
28.3%
Q2 25
26.0%
Q1 25
24.8%
Q4 24
31.2%
-171.1%
Q3 24
25.5%
Q2 24
22.6%
-279.4%
Q1 24
22.3%
EPS (diluted)
FMAO
FMAO
NNDM
NNDM
Q4 25
$0.72
Q3 25
$0.64
Q2 25
$0.56
Q1 25
$0.51
Q4 24
$0.61
$-0.45
Q3 24
$0.48
Q2 24
$0.42
$-0.35
Q1 24
$0.39

Balance Sheet & Financial Strength

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

Metric
FMAO
FMAO
NNDM
NNDM
Cash + ST InvestmentsLiquidity on hand
$317.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$370.9M
$860.0M
Total Assets
$3.4B
$902.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMAO
FMAO
NNDM
NNDM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$317.2M
Q3 24
Q2 24
$231.8M
Q1 24
Stockholders' Equity
FMAO
FMAO
NNDM
NNDM
Q4 25
$370.9M
Q3 25
$361.8M
Q2 25
$350.8M
Q1 25
$344.6M
Q4 24
$335.2M
$860.0M
Q3 24
$335.4M
Q2 24
$322.7M
$870.3M
Q1 24
$317.7M
Total Assets
FMAO
FMAO
NNDM
NNDM
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.3B
Q1 25
$3.4B
Q4 24
$3.4B
$902.5M
Q3 24
$3.4B
Q2 24
$3.3B
$911.0M
Q1 24
$3.3B

Cash Flow & Capital Efficiency

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

Metric
FMAO
FMAO
NNDM
NNDM
Operating Cash FlowLast quarter
$36.7M
$-18.9M
Free Cash FlowOCF − Capex
$35.0M
$-21.1M
FCF MarginFCF / Revenue
107.8%
-36.5%
Capex IntensityCapex / Revenue
5.4%
3.8%
Cash ConversionOCF / Net Profit
3.75×
TTM Free Cash FlowTrailing 4 quarters
$56.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMAO
FMAO
NNDM
NNDM
Q4 25
$36.7M
Q3 25
$11.2M
Q2 25
$1.1M
Q1 25
$11.0M
Q4 24
$32.5M
$-18.9M
Q3 24
$18.7M
Q2 24
$9.7M
$-30.7M
Q1 24
$1.5M
Free Cash Flow
FMAO
FMAO
NNDM
NNDM
Q4 25
$35.0M
Q3 25
$10.7M
Q2 25
$385.0K
Q1 25
$10.6M
Q4 24
$30.6M
$-21.1M
Q3 24
$18.3M
Q2 24
$9.2M
Q1 24
$1.3M
FCF Margin
FMAO
FMAO
NNDM
NNDM
Q4 25
107.8%
Q3 25
34.3%
Q2 25
1.3%
Q1 25
37.8%
Q4 24
114.1%
-36.5%
Q3 24
71.7%
Q2 24
36.5%
Q1 24
5.3%
Capex Intensity
FMAO
FMAO
NNDM
NNDM
Q4 25
5.4%
Q3 25
1.5%
Q2 25
2.4%
Q1 25
1.4%
Q4 24
7.0%
3.8%
Q3 24
1.4%
Q2 24
2.3%
Q1 24
0.9%
Cash Conversion
FMAO
FMAO
NNDM
NNDM
Q4 25
3.75×
Q3 25
1.26×
Q2 25
0.14×
Q1 25
1.58×
Q4 24
3.87×
Q3 24
2.86×
Q2 24
1.71×
Q1 24
0.28×

Financial Flow Comparison

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

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