vs

Side-by-side financial comparison of FS Bancorp, Inc. (FSBW) and FITLIFE BRANDS, INC. (FTLF). Click either name above to swap in a different company.

FS Bancorp, Inc. is the larger business by last-quarter revenue ($40.0M vs $25.9M, roughly 1.5× FITLIFE BRANDS, INC.). On growth, FITLIFE BRANDS, INC. posted the faster year-over-year revenue change (72.6% vs 12.0%). FS Bancorp, Inc. produced more free cash flow last quarter ($51.9M vs $239.0K). Over the past eight quarters, FITLIFE BRANDS, INC.'s revenue compounded faster (25.1% CAGR vs 6.2%).

FS Bancorp, Inc. is a U.S.-headquartered bank holding company that serves as the parent of 1st Security Bank of Washington. It offers a full range of personal and commercial banking solutions including deposit products, mortgage loans, small business financing and construction loans, primarily catering to customers in the Pacific Northwest, with core segments covering retail banking, commercial banking and residential lending.

FitLife Brands, Inc. is a health and wellness firm developing, marketing and distributing premium nutritional supplements, sports nutrition products and weight management solutions. It serves North American fitness enthusiasts, athletes and health-focused consumers via retail and e-commerce channels.

FSBW vs FTLF — Head-to-Head

Bigger by revenue
FSBW
FSBW
1.5× larger
FSBW
$40.0M
$25.9M
FTLF
Growing faster (revenue YoY)
FTLF
FTLF
+60.6% gap
FTLF
72.6%
12.0%
FSBW
More free cash flow
FSBW
FSBW
$51.7M more FCF
FSBW
$51.9M
$239.0K
FTLF
Faster 2-yr revenue CAGR
FTLF
FTLF
Annualised
FTLF
25.1%
6.2%
FSBW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSBW
FSBW
FTLF
FTLF
Revenue
$40.0M
$25.9M
Net Profit
$1.6M
Gross Margin
34.5%
Operating Margin
25.8%
8.8%
Net Margin
6.3%
Revenue YoY
12.0%
72.6%
Net Profit YoY
-20.8%
EPS (diluted)
$1.11
$0.16

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
FSBW
FSBW
FTLF
FTLF
Q4 25
$40.0M
$25.9M
Q3 25
$39.3M
$23.5M
Q2 25
$37.3M
$16.1M
Q1 25
$36.1M
$15.9M
Q4 24
$35.7M
$15.0M
Q3 24
$37.2M
$16.0M
Q2 24
$36.3M
$16.9M
Q1 24
$35.5M
$16.5M
Net Profit
FSBW
FSBW
FTLF
FTLF
Q4 25
$1.6M
Q3 25
$9.2M
$921.0K
Q2 25
$7.7M
$1.7M
Q1 25
$8.0M
$2.0M
Q4 24
$2.1M
Q3 24
$10.3M
$2.1M
Q2 24
$9.0M
$2.6M
Q1 24
$8.4M
$2.2M
Gross Margin
FSBW
FSBW
FTLF
FTLF
Q4 25
34.5%
Q3 25
37.2%
Q2 25
42.8%
Q1 25
43.1%
Q4 24
41.4%
Q3 24
43.8%
Q2 24
44.8%
Q1 24
44.0%
Operating Margin
FSBW
FSBW
FTLF
FTLF
Q4 25
25.8%
8.8%
Q3 25
29.5%
9.9%
Q2 25
26.2%
15.6%
Q1 25
26.2%
18.6%
Q4 24
27.6%
19.2%
Q3 24
26.5%
19.9%
Q2 24
31.3%
21.7%
Q1 24
29.7%
20.4%
Net Margin
FSBW
FSBW
FTLF
FTLF
Q4 25
6.3%
Q3 25
23.4%
3.9%
Q2 25
20.7%
10.8%
Q1 25
22.2%
12.7%
Q4 24
13.8%
Q3 24
27.6%
13.3%
Q2 24
24.7%
15.5%
Q1 24
23.7%
13.1%
EPS (diluted)
FSBW
FSBW
FTLF
FTLF
Q4 25
$1.11
$0.16
Q3 25
$1.18
$0.09
Q2 25
$0.99
$0.18
Q1 25
$1.01
$0.20
Q4 24
$0.88
$0.22
Q3 24
$1.29
$0.21
Q2 24
$1.13
$0.27
Q1 24
$1.06
$0.21

Balance Sheet & Financial Strength

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

Metric
FSBW
FSBW
FTLF
FTLF
Cash + ST InvestmentsLiquidity on hand
$28.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$307.7M
$43.6M
Total Assets
$3.2B
$106.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSBW
FSBW
FTLF
FTLF
Q4 25
$28.2M
Q3 25
$61.3M
Q2 25
$33.2M
Q1 25
$62.7M
Q4 24
$31.6M
Q3 24
$40.3M
Q2 24
$33.0M
Q1 24
$45.4M
Total Debt
FSBW
FSBW
FTLF
FTLF
Q4 25
Q3 25
$46.5M
Q2 25
Q1 25
Q4 24
$13.1M
Q3 24
Q2 24
Q1 24
$16.5M
Stockholders' Equity
FSBW
FSBW
FTLF
FTLF
Q4 25
$307.7M
$43.6M
Q3 25
$300.5M
$41.9M
Q2 25
$297.2M
$40.9M
Q1 25
$298.8M
$38.9M
Q4 24
$295.8M
$36.1M
Q3 24
$288.9M
$34.2M
Q2 24
$284.0M
$31.9M
Q1 24
$277.9M
$29.4M
Total Assets
FSBW
FSBW
FTLF
FTLF
Q4 25
$3.2B
$106.3M
Q3 25
$3.2B
$110.0M
Q2 25
$3.2B
$62.8M
Q1 25
$3.1B
$62.2M
Q4 24
$3.0B
$58.5M
Q3 24
$3.0B
$58.6M
Q2 24
$2.9B
$57.3M
Q1 24
$3.0B
$55.5M
Debt / Equity
FSBW
FSBW
FTLF
FTLF
Q4 25
Q3 25
1.11×
Q2 25
Q1 25
Q4 24
0.36×
Q3 24
Q2 24
Q1 24
0.56×

Cash Flow & Capital Efficiency

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

Metric
FSBW
FSBW
FTLF
FTLF
Operating Cash FlowLast quarter
$72.3M
$244.0K
Free Cash FlowOCF − Capex
$51.9M
$239.0K
FCF MarginFCF / Revenue
129.8%
0.9%
Capex IntensityCapex / Revenue
50.9%
0.0%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$107.2M
$7.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSBW
FSBW
FTLF
FTLF
Q4 25
$72.3M
$244.0K
Q3 25
$44.6M
$3.7M
Q2 25
$7.1M
$1.2M
Q1 25
$8.2M
$2.3M
Q4 24
$50.8M
$957.0K
Q3 24
$-891.0K
$2.0M
Q2 24
$9.9M
$1.6M
Q1 24
$275.0K
$5.0M
Free Cash Flow
FSBW
FSBW
FTLF
FTLF
Q4 25
$51.9M
$239.0K
Q3 25
$41.6M
$3.7M
Q2 25
$5.9M
$1.2M
Q1 25
$7.8M
$2.3M
Q4 24
$49.2M
Q3 24
$-1.5M
Q2 24
$9.6M
Q1 24
$-82.0K
$5.0M
FCF Margin
FSBW
FSBW
FTLF
FTLF
Q4 25
129.8%
0.9%
Q3 25
105.9%
15.6%
Q2 25
15.7%
7.4%
Q1 25
21.7%
14.5%
Q4 24
137.7%
Q3 24
-4.1%
Q2 24
26.6%
Q1 24
-0.2%
30.4%
Capex Intensity
FSBW
FSBW
FTLF
FTLF
Q4 25
50.9%
0.0%
Q3 25
7.7%
0.0%
Q2 25
3.5%
0.0%
Q1 25
1.0%
0.2%
Q4 24
4.6%
0.0%
Q3 24
1.7%
0.0%
Q2 24
0.8%
0.0%
Q1 24
1.0%
0.1%
Cash Conversion
FSBW
FSBW
FTLF
FTLF
Q4 25
0.15×
Q3 25
4.86×
3.99×
Q2 25
0.92×
0.68×
Q1 25
1.02×
1.15×
Q4 24
0.46×
Q3 24
-0.09×
0.96×
Q2 24
1.11×
0.60×
Q1 24
0.03×
2.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSBW
FSBW

Segment breakdown not available.

FTLF
FTLF

US$24.3M94%
Other$1.7M6%

Related Comparisons