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Side-by-side financial comparison of GLAUKOS Corp (GKOS) and Merchants Bancorp (MBIN). Click either name above to swap in a different company.

Merchants Bancorp is the larger business by last-quarter revenue ($175.2M vs $150.6M, roughly 1.2× GLAUKOS Corp). Merchants Bancorp runs the higher net margin — 38.6% vs 6.2%, a 32.4% gap on every dollar of revenue. Over the past eight quarters, GLAUKOS Corp's revenue compounded faster (25.4% CAGR vs 4.8%).

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

Ameris Bancorp is an American bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Ameris Bank, the company operates full-service branches in Georgia, Alabama, Florida, North Carolina and South Carolina, and mortgage-only locations in Georgia, Alabama, Florida, North Carolina, South Carolina, Virginia, Maryland, and Tennessee. The company offers online and mobile banking options for both consumers and businesses.

GKOS vs MBIN — Head-to-Head

Bigger by revenue
MBIN
MBIN
1.2× larger
MBIN
$175.2M
$150.6M
GKOS
Higher net margin
MBIN
MBIN
32.4% more per $
MBIN
38.6%
6.2%
GKOS
Faster 2-yr revenue CAGR
GKOS
GKOS
Annualised
GKOS
25.4%
4.8%
MBIN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GKOS
GKOS
MBIN
MBIN
Revenue
$150.6M
$175.2M
Net Profit
$9.4M
$67.7M
Gross Margin
77.9%
Operating Margin
9.0%
Net Margin
6.2%
38.6%
Revenue YoY
41.2%
Net Profit YoY
16.3%
EPS (diluted)
$1.25

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
GKOS
GKOS
MBIN
MBIN
Q1 26
$150.6M
$175.2M
Q4 25
$143.1M
$185.3M
Q3 25
$133.5M
$171.1M
Q2 25
$124.1M
$179.2M
Q1 25
$106.7M
$145.9M
Q4 24
$105.5M
$193.8M
Q3 24
$96.7M
$149.6M
Q2 24
$95.7M
$159.5M
Net Profit
GKOS
GKOS
MBIN
MBIN
Q1 26
$9.4M
$67.7M
Q4 25
$-133.7M
Q3 25
$-16.2M
$54.7M
Q2 25
$-19.7M
$38.0M
Q1 25
$-18.1M
$58.2M
Q4 24
$-33.6M
Q3 24
$-21.4M
$61.3M
Q2 24
$-50.5M
$76.4M
Gross Margin
GKOS
GKOS
MBIN
MBIN
Q1 26
77.9%
Q4 25
-1.1%
Q3 25
78.4%
Q2 25
78.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Operating Margin
GKOS
GKOS
MBIN
MBIN
Q1 26
9.0%
Q4 25
-97.7%
39.9%
Q3 25
-12.3%
37.8%
Q2 25
-18.3%
27.3%
Q1 25
-19.4%
52.4%
Q4 24
-27.2%
66.0%
Q3 24
-25.5%
54.4%
Q2 24
-31.3%
62.2%
Net Margin
GKOS
GKOS
MBIN
MBIN
Q1 26
6.2%
38.6%
Q4 25
-93.4%
Q3 25
-12.2%
32.0%
Q2 25
-15.8%
21.2%
Q1 25
-17.0%
39.9%
Q4 24
-31.8%
Q3 24
-22.1%
41.0%
Q2 24
-52.8%
47.9%
EPS (diluted)
GKOS
GKOS
MBIN
MBIN
Q1 26
$1.25
Q4 25
$-2.34
$1.28
Q3 25
$-0.28
$0.97
Q2 25
$-0.34
$0.60
Q1 25
$-0.32
$0.93
Q4 24
$-0.56
$1.84
Q3 24
$-0.39
$1.17
Q2 24
$-1.00
$1.49

Balance Sheet & Financial Strength

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

Metric
GKOS
GKOS
MBIN
MBIN
Cash + ST InvestmentsLiquidity on hand
$276.7M
$83.2M
Total DebtLower is stronger
$32.0M
Stockholders' EquityBook value
$670.9M
$2.3B
Total Assets
$893.3M
$20.3B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GKOS
GKOS
MBIN
MBIN
Q1 26
$276.7M
$83.2M
Q4 25
$90.8M
Q3 25
$98.2M
Q2 25
$100.8M
Q1 25
$114.3M
Q4 24
$169.6M
Q3 24
$100.1M
Q2 24
$68.1M
Total Debt
GKOS
GKOS
MBIN
MBIN
Q1 26
$32.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
GKOS
GKOS
MBIN
MBIN
Q1 26
$670.9M
$2.3B
Q4 25
$656.2M
$2.3B
Q3 25
$769.5M
$2.2B
Q2 25
$765.1M
$2.2B
Q1 25
$764.0M
$2.2B
Q4 24
$766.9M
$2.2B
Q3 24
$668.5M
$1.9B
Q2 24
$665.2M
$1.9B
Total Assets
GKOS
GKOS
MBIN
MBIN
Q1 26
$893.3M
$20.3B
Q4 25
$893.5M
$19.4B
Q3 25
$999.4M
$19.4B
Q2 25
$987.0M
$19.1B
Q1 25
$966.2M
$18.8B
Q4 24
$974.8M
$18.8B
Q3 24
$926.5M
$18.7B
Q2 24
$919.7M
$18.2B
Debt / Equity
GKOS
GKOS
MBIN
MBIN
Q1 26
0.01×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GKOS
GKOS

Segment breakdown not available.

MBIN
MBIN

Net Interest Income$128.6M73%
Noninterest Income$46.6M27%

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