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Side-by-side financial comparison of GRAHAM CORP (GHM) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

GRAHAM CORP is the larger business by last-quarter revenue ($56.7M vs $35.3M, roughly 1.6× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs 5.0%, a 38.9% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs 20.5%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $2.4M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs 7.5%).

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

GHM vs UNTY — Head-to-Head

Bigger by revenue
GHM
GHM
1.6× larger
GHM
$56.7M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+3.6% gap
UNTY
24.2%
20.5%
GHM
Higher net margin
UNTY
UNTY
38.9% more per $
UNTY
43.9%
5.0%
GHM
More free cash flow
UNTY
UNTY
$41.9M more FCF
UNTY
$44.3M
$2.4M
GHM
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
7.5%
GHM

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GHM
GHM
UNTY
UNTY
Revenue
$56.7M
$35.3M
Net Profit
$2.8M
$15.5M
Gross Margin
23.8%
Operating Margin
5.5%
55.8%
Net Margin
5.0%
43.9%
Revenue YoY
20.5%
24.2%
Net Profit YoY
79.2%
34.5%
EPS (diluted)
$0.25
$1.52

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
GHM
GHM
UNTY
UNTY
Q4 25
$56.7M
$35.3M
Q3 25
$66.0M
$32.8M
Q2 25
$55.5M
$34.4M
Q1 25
$59.3M
$29.4M
Q4 24
$47.0M
$28.4M
Q3 24
$53.6M
$27.7M
Q2 24
$50.0M
$25.5M
Q1 24
$49.1M
$25.6M
Net Profit
GHM
GHM
UNTY
UNTY
Q4 25
$2.8M
$15.5M
Q3 25
$3.1M
$14.4M
Q2 25
$4.6M
$16.5M
Q1 25
$4.4M
$11.6M
Q4 24
$1.6M
$11.5M
Q3 24
$3.3M
$10.9M
Q2 24
$3.0M
$9.5M
Q1 24
$1.3M
$9.6M
Gross Margin
GHM
GHM
UNTY
UNTY
Q4 25
23.8%
Q3 25
21.7%
Q2 25
26.5%
Q1 25
27.0%
Q4 24
24.8%
Q3 24
23.9%
Q2 24
24.8%
Q1 24
25.9%
Operating Margin
GHM
GHM
UNTY
UNTY
Q4 25
5.5%
55.8%
Q3 25
6.5%
57.5%
Q2 25
8.9%
62.6%
Q1 25
9.3%
52.6%
Q4 24
4.7%
51.0%
Q3 24
7.9%
52.7%
Q2 24
6.5%
49.3%
Q1 24
3.1%
50.0%
Net Margin
GHM
GHM
UNTY
UNTY
Q4 25
5.0%
43.9%
Q3 25
4.7%
43.8%
Q2 25
8.3%
48.0%
Q1 25
7.4%
39.5%
Q4 24
3.4%
40.5%
Q3 24
6.1%
39.4%
Q2 24
5.9%
37.1%
Q1 24
2.7%
37.5%
EPS (diluted)
GHM
GHM
UNTY
UNTY
Q4 25
$0.25
$1.52
Q3 25
$0.28
$1.41
Q2 25
$0.42
$1.61
Q1 25
$0.40
$1.13
Q4 24
$0.14
$1.13
Q3 24
$0.30
$1.07
Q2 24
$0.27
$0.92
Q1 24
$0.11
$0.94

Balance Sheet & Financial Strength

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

Metric
GHM
GHM
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$22.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$131.3M
$345.6M
Total Assets
$292.9M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GHM
GHM
UNTY
UNTY
Q4 25
$22.3M
Q3 25
$20.6M
Q2 25
$10.8M
Q1 25
$21.6M
Q4 24
$30.0M
Q3 24
$32.3M
Q2 24
$21.6M
Q1 24
$16.9M
Total Debt
GHM
GHM
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GHM
GHM
UNTY
UNTY
Q4 25
$131.3M
$345.6M
Q3 25
$127.6M
$334.0M
Q2 25
$123.4M
$319.8M
Q1 25
$119.6M
$306.1M
Q4 24
$114.4M
$295.6M
Q3 24
$112.5M
$284.3M
Q2 24
$108.2M
$273.4M
Q1 24
$105.6M
$266.8M
Total Assets
GHM
GHM
UNTY
UNTY
Q4 25
$292.9M
$3.0B
Q3 25
$287.0M
$2.9B
Q2 25
$252.3M
$2.9B
Q1 25
$264.1M
$2.8B
Q4 24
$264.3M
$2.7B
Q3 24
$249.5M
$2.6B
Q2 24
$244.2M
$2.6B
Q1 24
$233.9M
$2.6B
Debt / Equity
GHM
GHM
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
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
GHM
GHM
UNTY
UNTY
Operating Cash FlowLast quarter
$4.8M
$44.9M
Free Cash FlowOCF − Capex
$2.4M
$44.3M
FCF MarginFCF / Revenue
4.3%
125.7%
Capex IntensityCapex / Revenue
4.1%
1.6%
Cash ConversionOCF / Net Profit
1.67×
2.90×
TTM Free Cash FlowTrailing 4 quarters
$-6.1M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GHM
GHM
UNTY
UNTY
Q4 25
$4.8M
$44.9M
Q3 25
$13.6M
$45.5M
Q2 25
$-2.3M
$-25.3M
Q1 25
$-3.6M
$17.9M
Q4 24
$5.2M
$48.0M
Q3 24
$13.9M
$17.7M
Q2 24
$8.7M
$-8.4M
Q1 24
$8.6M
$15.8M
Free Cash Flow
GHM
GHM
UNTY
UNTY
Q4 25
$2.4M
$44.3M
Q3 25
$9.4M
$45.3M
Q2 25
$-9.3M
$-25.5M
Q1 25
$-8.7M
$17.6M
Q4 24
$-2.1M
$47.3M
Q3 24
$10.4M
$17.5M
Q2 24
$5.7M
$-8.6M
Q1 24
$4.6M
$15.7M
FCF Margin
GHM
GHM
UNTY
UNTY
Q4 25
4.3%
125.7%
Q3 25
14.3%
138.1%
Q2 25
-16.7%
-74.2%
Q1 25
-14.7%
59.9%
Q4 24
-4.5%
166.5%
Q3 24
19.5%
63.3%
Q2 24
11.5%
-33.7%
Q1 24
9.4%
61.4%
Capex Intensity
GHM
GHM
UNTY
UNTY
Q4 25
4.1%
1.6%
Q3 25
6.3%
0.7%
Q2 25
12.6%
0.5%
Q1 25
8.7%
1.0%
Q4 24
15.6%
2.4%
Q3 24
6.5%
0.5%
Q2 24
6.0%
0.5%
Q1 24
8.2%
0.3%
Cash Conversion
GHM
GHM
UNTY
UNTY
Q4 25
1.67×
2.90×
Q3 25
4.40×
3.16×
Q2 25
-0.49×
-1.54×
Q1 25
-0.81×
1.54×
Q4 24
3.29×
4.17×
Q3 24
4.25×
1.62×
Q2 24
2.94×
-0.89×
Q1 24
6.45×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GHM
GHM

Defense$35.3M62%
Energy And Process$18.3M32%
Space$3.1M6%

UNTY
UNTY

Segment breakdown not available.

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