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Side-by-side financial comparison of Finward Bancorp (FNWD) and PARK AEROSPACE CORP (PKE). Click either name above to swap in a different company.

PARK AEROSPACE CORP is the larger business by last-quarter revenue ($17.3M vs $16.5M, roughly 1.0× Finward Bancorp). PARK AEROSPACE CORP runs the higher net margin — 17.0% vs 12.0%, a 5.0% gap on every dollar of revenue. On growth, PARK AEROSPACE CORP posted the faster year-over-year revenue change (20.3% vs 1.1%). Finward Bancorp produced more free cash flow last quarter ($9.0M vs $4.3M). Over the past eight quarters, PARK AEROSPACE CORP's revenue compounded faster (3.0% CAGR vs -19.1%).

Finward Bancorp is a U.S.-headquartered regional bank holding company. It offers a full range of retail and commercial banking products and services, including deposit accounts, personal and mortgage loans, small business financing, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises in its local operating regions.

Park Electrochemical Corp, now called the Park Aerospace Corp, is a Melville, New York-based materials manufacturer for the telecommunications, Internet infrastructure, high-end computing, and aerospace industries. It produces high-technology digital and radio frequency(RF)/microwave printed circuit material products, composite materials. Its printed circuit materials are used for complex multilayer printed circuit boards and other electronic interconnection systems, such as multilayer back-p...

FNWD vs PKE — Head-to-Head

Bigger by revenue
PKE
PKE
1.0× larger
PKE
$17.3M
$16.5M
FNWD
Growing faster (revenue YoY)
PKE
PKE
+19.2% gap
PKE
20.3%
1.1%
FNWD
Higher net margin
PKE
PKE
5.0% more per $
PKE
17.0%
12.0%
FNWD
More free cash flow
FNWD
FNWD
$4.8M more FCF
FNWD
$9.0M
$4.3M
PKE
Faster 2-yr revenue CAGR
PKE
PKE
Annualised
PKE
3.0%
-19.1%
FNWD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FNWD
FNWD
PKE
PKE
Revenue
$16.5M
$17.3M
Net Profit
$2.0M
$3.0M
Gross Margin
34.1%
Operating Margin
11.0%
21.0%
Net Margin
12.0%
17.0%
Revenue YoY
1.1%
20.3%
Net Profit YoY
-5.6%
87.1%
EPS (diluted)
$0.46
$0.15

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
FNWD
FNWD
PKE
PKE
Q4 25
$16.5M
$17.3M
Q3 25
$17.4M
$16.4M
Q2 25
$16.6M
$15.4M
Q1 25
$15.5M
$16.9M
Q4 24
$16.3M
$14.4M
Q3 24
$14.9M
$16.7M
Q2 24
$14.6M
$14.0M
Q1 24
$25.3M
$16.3M
Net Profit
FNWD
FNWD
PKE
PKE
Q4 25
$2.0M
$3.0M
Q3 25
$3.5M
$2.4M
Q2 25
$2.2M
$2.1M
Q1 25
$455.0K
$1.2M
Q4 24
$2.1M
$1.6M
Q3 24
$606.0K
$2.1M
Q2 24
$143.0K
$993.0K
Q1 24
$9.3M
$2.7M
Gross Margin
FNWD
FNWD
PKE
PKE
Q4 25
34.1%
Q3 25
31.2%
Q2 25
30.6%
Q1 25
29.3%
Q4 24
26.6%
Q3 24
28.5%
Q2 24
29.3%
Q1 24
27.3%
Operating Margin
FNWD
FNWD
PKE
PKE
Q4 25
11.0%
21.0%
Q3 25
20.5%
17.4%
Q2 25
12.7%
15.7%
Q1 25
4.0%
16.8%
Q4 24
16.3%
12.8%
Q3 24
2.7%
15.7%
Q2 24
0.9%
14.9%
Q1 24
40.6%
15.7%
Net Margin
FNWD
FNWD
PKE
PKE
Q4 25
12.0%
17.0%
Q3 25
20.1%
14.7%
Q2 25
12.9%
13.5%
Q1 25
2.9%
7.4%
Q4 24
12.9%
10.9%
Q3 24
4.1%
12.4%
Q2 24
1.0%
7.1%
Q1 24
36.7%
16.3%
EPS (diluted)
FNWD
FNWD
PKE
PKE
Q4 25
$0.46
$0.15
Q3 25
$0.81
$0.12
Q2 25
$0.50
$0.10
Q1 25
$0.11
$0.06
Q4 24
$0.50
$0.08
Q3 24
$0.14
$0.10
Q2 24
$0.03
$0.05
Q1 24
$2.17
$0.13

Balance Sheet & Financial Strength

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

Metric
FNWD
FNWD
PKE
PKE
Cash + ST InvestmentsLiquidity on hand
$63.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.7M
$106.6M
Total Assets
$2.0B
$118.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNWD
FNWD
PKE
PKE
Q4 25
$63.6M
Q3 25
$61.6M
Q2 25
$65.6M
Q1 25
$68.8M
Q4 24
$70.0M
Q3 24
$72.0M
Q2 24
$74.4M
Q1 24
$77.2M
Stockholders' Equity
FNWD
FNWD
PKE
PKE
Q4 25
$174.7M
$106.6M
Q3 25
$165.5M
$105.8M
Q2 25
$154.3M
$105.0M
Q1 25
$151.8M
$107.2M
Q4 24
$151.4M
$107.4M
Q3 24
$159.6M
$110.3M
Q2 24
$148.6M
$111.7M
Q1 24
$151.6M
$112.9M
Total Assets
FNWD
FNWD
PKE
PKE
Q4 25
$2.0B
$118.1M
Q3 25
$2.1B
$116.4M
Q2 25
$2.1B
$120.7M
Q1 25
$2.0B
$122.1M
Q4 24
$2.1B
$124.2M
Q3 24
$2.1B
$125.1M
Q2 24
$2.1B
$129.4M
Q1 24
$2.1B
$132.3M

Cash Flow & Capital Efficiency

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

Metric
FNWD
FNWD
PKE
PKE
Operating Cash FlowLast quarter
$9.9M
$5.1M
Free Cash FlowOCF − Capex
$9.0M
$4.3M
FCF MarginFCF / Revenue
54.8%
24.6%
Capex IntensityCapex / Revenue
5.2%
4.8%
Cash ConversionOCF / Net Profit
4.99×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$10.6M
$3.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNWD
FNWD
PKE
PKE
Q4 25
$9.9M
$5.1M
Q3 25
$1.2M
$-2.1M
Q2 25
$4.8M
$1.6M
Q1 25
$-3.8M
$969.0K
Q4 24
$9.8M
$2.7M
Q3 24
$-3.7M
$1.4M
Q2 24
$2.8M
$-423.0K
Q1 24
$-25.0K
$5.3M
Free Cash Flow
FNWD
FNWD
PKE
PKE
Q4 25
$9.0M
$4.3M
Q3 25
$1.0M
$-2.3M
Q2 25
$4.5M
$1.1M
Q1 25
$-4.0M
$338.0K
Q4 24
$6.7M
$2.7M
Q3 24
$-4.2M
$1.3M
Q2 24
$1.1M
$-435.0K
Q1 24
$-736.0K
$5.1M
FCF Margin
FNWD
FNWD
PKE
PKE
Q4 25
54.8%
24.6%
Q3 25
6.0%
-14.0%
Q2 25
27.0%
7.2%
Q1 25
-25.7%
2.0%
Q4 24
41.2%
18.6%
Q3 24
-28.5%
7.5%
Q2 24
7.6%
-3.1%
Q1 24
-2.9%
31.4%
Capex Intensity
FNWD
FNWD
PKE
PKE
Q4 25
5.2%
4.8%
Q3 25
0.9%
1.1%
Q2 25
1.7%
3.1%
Q1 25
1.2%
3.7%
Q4 24
18.8%
0.4%
Q3 24
3.4%
1.2%
Q2 24
11.2%
0.1%
Q1 24
2.8%
1.0%
Cash Conversion
FNWD
FNWD
PKE
PKE
Q4 25
4.99×
1.73×
Q3 25
0.34×
-0.88×
Q2 25
2.22×
0.76×
Q1 25
-8.37×
0.78×
Q4 24
4.66×
1.73×
Q3 24
-6.15×
0.70×
Q2 24
19.23×
-0.43×
Q1 24
-0.00×
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNWD
FNWD

Segment breakdown not available.

PKE
PKE

North America$16.8M97%
Other$546.0K3%

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