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Side-by-side financial comparison of GREENE COUNTY BANCORP INC (GCBC) and SANUWAVE Health, Inc. (SNWV). Click either name above to swap in a different company.

GREENE COUNTY BANCORP INC is the larger business by last-quarter revenue ($22.2M vs $13.4M, roughly 1.7× SANUWAVE Health, Inc.). SANUWAVE Health, Inc. runs the higher net margin — 57.4% vs 46.3%, a 11.1% gap on every dollar of revenue. On growth, SANUWAVE Health, Inc. posted the faster year-over-year revenue change (30.3% vs 23.8%). GREENE COUNTY BANCORP INC produced more free cash flow last quarter ($6.2M vs $3.2M). Over the past eight quarters, SANUWAVE Health, Inc.'s revenue compounded faster (53.5% CAGR vs 18.9%).

Bank of Greene County is an American federally-chartered savings bank headquartered in Catskill, NY. The bank's branches are located in the Upstate New York counties of Greene, Columbia, Albany, Ulster, and Rensselaer.

SANUWAVE Health, Inc. is a medical technology company specializing in non-invasive regenerative care solutions. It develops and commercializes shock wave therapy systems for treating chronic wounds, diabetic foot ulcers, and orthopedic conditions, serving healthcare providers and patients across North America, Europe, and key Asia-Pacific markets.

GCBC vs SNWV — Head-to-Head

Bigger by revenue
GCBC
GCBC
1.7× larger
GCBC
$22.2M
$13.4M
SNWV
Growing faster (revenue YoY)
SNWV
SNWV
+6.5% gap
SNWV
30.3%
23.8%
GCBC
Higher net margin
SNWV
SNWV
11.1% more per $
SNWV
57.4%
46.3%
GCBC
More free cash flow
GCBC
GCBC
$3.0M more FCF
GCBC
$6.2M
$3.2M
SNWV
Faster 2-yr revenue CAGR
SNWV
SNWV
Annualised
SNWV
53.5%
18.9%
GCBC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
GCBC
GCBC
SNWV
SNWV
Revenue
$22.2M
$13.4M
Net Profit
$10.3M
$7.7M
Gross Margin
74.7%
Operating Margin
52.0%
15.0%
Net Margin
46.3%
57.4%
Revenue YoY
23.8%
30.3%
Net Profit YoY
37.4%
157.8%
EPS (diluted)
$0.60
$0.78

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
GCBC
GCBC
SNWV
SNWV
Q4 25
$22.2M
$13.4M
Q3 25
$21.5M
$11.4M
Q2 25
$20.5M
$10.1M
Q1 25
$20.1M
$9.3M
Q4 24
$17.9M
$10.3M
Q3 24
$16.9M
$9.3M
Q2 24
$16.6M
$7.1M
Q1 24
$15.7M
$5.7M
Net Profit
GCBC
GCBC
SNWV
SNWV
Q4 25
$10.3M
$7.7M
Q3 25
$8.9M
$9.7M
Q2 25
$9.3M
$551.0K
Q1 25
$8.1M
$-6.1M
Q4 24
$7.5M
$-13.3M
Q3 24
$6.3M
$-21.2M
Q2 24
$6.7M
$6.2M
Q1 24
$5.9M
$-4.8M
Gross Margin
GCBC
GCBC
SNWV
SNWV
Q4 25
74.7%
Q3 25
76.6%
Q2 25
77.3%
Q1 25
79.4%
Q4 24
78.2%
Q3 24
76.1%
Q2 24
74.0%
Q1 24
73.9%
Operating Margin
GCBC
GCBC
SNWV
SNWV
Q4 25
52.0%
15.0%
Q3 25
47.4%
7.9%
Q2 25
53.5%
14.2%
Q1 25
44.6%
6.5%
Q4 24
45.0%
19.6%
Q3 24
39.6%
16.0%
Q2 24
41.2%
23.3%
Q1 24
39.4%
-22.8%
Net Margin
GCBC
GCBC
SNWV
SNWV
Q4 25
46.3%
57.4%
Q3 25
41.2%
84.8%
Q2 25
45.6%
5.4%
Q1 25
40.1%
-65.8%
Q4 24
41.7%
-129.5%
Q3 24
37.1%
-227.8%
Q2 24
40.6%
87.4%
Q1 24
37.3%
-84.4%
EPS (diluted)
GCBC
GCBC
SNWV
SNWV
Q4 25
$0.60
$0.78
Q3 25
$0.52
$0.39
Q2 25
$0.55
$-0.04
Q1 25
$0.47
$-0.72
Q4 24
$0.44
$-0.76
Q3 24
$0.37
$-6.65
Q2 24
$0.39
$0.00
Q1 24
$0.34
$0.00

Balance Sheet & Financial Strength

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

Metric
GCBC
GCBC
SNWV
SNWV
Cash + ST InvestmentsLiquidity on hand
$12.0M
Total DebtLower is stronger
$21.9M
Stockholders' EquityBook value
$258.3M
$1.6M
Total Assets
$3.1B
$37.3M
Debt / EquityLower = less leverage
13.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCBC
GCBC
SNWV
SNWV
Q4 25
$12.0M
Q3 25
$9.6M
Q2 25
$8.5M
Q1 25
$155.5M
$8.5M
Q4 24
$166.4M
$10.2M
Q3 24
$3.3M
Q2 24
$190.4M
$2.5M
Q1 24
$2.9M
Total Debt
GCBC
GCBC
SNWV
SNWV
Q4 25
$21.9M
Q3 25
$23.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GCBC
GCBC
SNWV
SNWV
Q4 25
$258.3M
$1.6M
Q3 25
$248.2M
$-7.6M
Q2 25
$238.8M
$-18.8M
Q1 25
$229.0M
$-20.8M
Q4 24
$218.4M
$-15.8M
Q3 24
$216.3M
$-60.3M
Q2 24
$206.0M
$-39.6M
Q1 24
$199.2M
$-47.6M
Total Assets
GCBC
GCBC
SNWV
SNWV
Q4 25
$3.1B
$37.3M
Q3 25
$3.1B
$35.6M
Q2 25
$3.0B
$33.0M
Q1 25
$3.0B
$30.9M
Q4 24
$3.0B
$30.1M
Q3 24
$2.9B
$21.8M
Q2 24
$2.8B
$21.0M
Q1 24
$2.9B
$23.3M
Debt / Equity
GCBC
GCBC
SNWV
SNWV
Q4 25
13.52×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GCBC
GCBC
SNWV
SNWV
Operating Cash FlowLast quarter
$6.4M
$3.3M
Free Cash FlowOCF − Capex
$6.2M
$3.2M
FCF MarginFCF / Revenue
28.0%
24.1%
Capex IntensityCapex / Revenue
0.9%
0.7%
Cash ConversionOCF / Net Profit
0.62×
0.43×
TTM Free Cash FlowTrailing 4 quarters
$47.3M
$1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCBC
GCBC
SNWV
SNWV
Q4 25
$6.4M
$3.3M
Q3 25
$7.0M
$1.1M
Q2 25
$28.0M
$993.0K
Q1 25
$7.3M
$-1.5M
Q4 24
$5.3M
$741.0K
Q3 24
$2.1M
$1.3M
Q2 24
$24.9M
$-668.0K
Q1 24
$5.6M
$1.1M
Free Cash Flow
GCBC
GCBC
SNWV
SNWV
Q4 25
$6.2M
$3.2M
Q3 25
$6.5M
$556.0K
Q2 25
$27.3M
$-166.0K
Q1 25
$7.3M
$-1.7M
Q4 24
$5.1M
$505.0K
Q3 24
$2.0M
$1.2M
Q2 24
$23.4M
$-760.0K
Q1 24
$4.9M
$986.0K
FCF Margin
GCBC
GCBC
SNWV
SNWV
Q4 25
28.0%
24.1%
Q3 25
30.4%
4.9%
Q2 25
133.3%
-1.6%
Q1 25
36.1%
-18.1%
Q4 24
28.6%
4.9%
Q3 24
11.8%
13.3%
Q2 24
141.2%
-10.7%
Q1 24
31.3%
17.3%
Capex Intensity
GCBC
GCBC
SNWV
SNWV
Q4 25
0.9%
0.7%
Q3 25
1.9%
4.6%
Q2 25
3.4%
11.4%
Q1 25
0.3%
1.7%
Q4 24
1.0%
2.3%
Q3 24
0.9%
0.5%
Q2 24
9.1%
1.3%
Q1 24
4.2%
2.0%
Cash Conversion
GCBC
GCBC
SNWV
SNWV
Q4 25
0.62×
0.43×
Q3 25
0.78×
0.11×
Q2 25
3.00×
1.80×
Q1 25
0.91×
Q4 24
0.71×
Q3 24
0.34×
Q2 24
3.70×
-0.11×
Q1 24
0.95×

Financial Flow Comparison

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

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