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Side-by-side financial comparison of HERITAGE COMMERCE CORP (HTBK) and Kimbell Royalty Partners, LP (KRP). Click either name above to swap in a different company.

Kimbell Royalty Partners, LP is the larger business by last-quarter revenue ($82.5M vs $53.6M, roughly 1.5× HERITAGE COMMERCE CORP). Kimbell Royalty Partners, LP runs the higher net margin — 30.1% vs 28.2%, a 1.9% gap on every dollar of revenue. On growth, Kimbell Royalty Partners, LP posted the faster year-over-year revenue change (23.6% vs 15.6%). Over the past eight quarters, HERITAGE COMMERCE CORP's revenue compounded faster (12.8% CAGR vs 0.1%).

The United States Chamber of Commerce (USCC) is a business association advocacy group and is the largest lobbying group in the United States. The group was founded in April 23, 1912, out of local chambers of commerce at the urging of President William Howard Taft and his secretary of commerce and labor Charles Nagel. President Taft's belief was that the "government needed to deal with a group that could speak with authority for the interests of business."

Kimbell Royalty Partners, LP is a publicly traded US limited partnership focused on owning and acquiring mineral and royalty interests in oil and gas properties across key domestic producing basins including the Permian, Bakken, and Eagle Ford. Its core revenue comes from production-linked royalty payments from its diversified onshore hydrocarbon asset portfolio.

HTBK vs KRP — Head-to-Head

Bigger by revenue
KRP
KRP
1.5× larger
KRP
$82.5M
$53.6M
HTBK
Growing faster (revenue YoY)
KRP
KRP
+8.0% gap
KRP
23.6%
15.6%
HTBK
Higher net margin
KRP
KRP
1.9% more per $
KRP
30.1%
28.2%
HTBK
Faster 2-yr revenue CAGR
HTBK
HTBK
Annualised
HTBK
12.8%
0.1%
KRP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTBK
HTBK
KRP
KRP
Revenue
$53.6M
$82.5M
Net Profit
$15.1M
$24.8M
Gross Margin
Operating Margin
41.0%
39.6%
Net Margin
28.2%
30.1%
Revenue YoY
15.6%
23.6%
Net Profit YoY
42.3%
163.2%
EPS (diluted)
$0.25

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
HTBK
HTBK
KRP
KRP
Q4 25
$53.6M
$82.5M
Q3 25
$50.0M
$80.6M
Q2 25
$47.8M
$86.5M
Q1 25
$46.1M
$84.2M
Q4 24
$46.4M
$66.7M
Q3 24
$42.2M
$83.8M
Q2 24
$41.7M
$76.6M
Q1 24
$42.1M
$82.2M
Net Profit
HTBK
HTBK
KRP
KRP
Q4 25
$15.1M
$24.8M
Q3 25
$14.7M
$22.3M
Q2 25
$6.4M
$26.7M
Q1 25
$11.6M
$25.9M
Q4 24
$10.6M
$-39.3M
Q3 24
$10.5M
$25.8M
Q2 24
$9.2M
$15.2M
Q1 24
$10.2M
$9.3M
Operating Margin
HTBK
HTBK
KRP
KRP
Q4 25
41.0%
39.6%
Q3 25
41.1%
35.8%
Q2 25
18.7%
43.7%
Q1 25
35.4%
39.9%
Q4 24
31.8%
-58.0%
Q3 24
34.3%
40.8%
Q2 24
31.3%
31.2%
Q1 24
34.2%
21.4%
Net Margin
HTBK
HTBK
KRP
KRP
Q4 25
28.2%
30.1%
Q3 25
29.4%
27.7%
Q2 25
13.4%
30.8%
Q1 25
25.2%
30.7%
Q4 24
22.9%
-58.8%
Q3 24
24.9%
30.8%
Q2 24
22.1%
19.8%
Q1 24
24.1%
11.4%
EPS (diluted)
HTBK
HTBK
KRP
KRP
Q4 25
$0.25
Q3 25
$0.24
Q2 25
$0.10
Q1 25
$0.19
Q4 24
$0.17
Q3 24
$0.17
Q2 24
$0.15
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
HTBK
HTBK
KRP
KRP
Cash + ST InvestmentsLiquidity on hand
$44.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$708.6M
Total Assets
$5.8B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTBK
HTBK
KRP
KRP
Q4 25
$44.0M
Q3 25
$40.0M
Q2 25
$34.5M
Q1 25
$35.6M
Q4 24
$34.2M
Q3 24
$34.7M
Q2 24
$30.9M
Q1 24
$39.7M
Stockholders' Equity
HTBK
HTBK
KRP
KRP
Q4 25
$708.6M
Q3 25
$700.0M
Q2 25
$694.7M
Q1 25
$696.2M
Q4 24
$689.7M
Q3 24
$685.4M
Q2 24
$679.2M
Q1 24
$676.3M
Total Assets
HTBK
HTBK
KRP
KRP
Q4 25
$5.8B
$1.2B
Q3 25
$5.6B
$1.3B
Q2 25
$5.5B
$1.3B
Q1 25
$5.5B
$1.3B
Q4 24
$5.6B
$1.1B
Q3 24
$5.6B
$1.2B
Q2 24
$5.3B
$1.2B
Q1 24
$5.3B
$1.3B

Cash Flow & Capital Efficiency

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

Metric
HTBK
HTBK
KRP
KRP
Operating Cash FlowLast quarter
$61.7M
$57.2M
Free Cash FlowOCF − Capex
$61.3M
FCF MarginFCF / Revenue
114.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
4.08×
2.31×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTBK
HTBK
KRP
KRP
Q4 25
$61.7M
$57.2M
Q3 25
$18.9M
$62.8M
Q2 25
$8.0M
$72.3M
Q1 25
$14.8M
$54.2M
Q4 24
$39.0M
$56.6M
Q3 24
$5.3M
$62.4M
Q2 24
$10.5M
$62.9M
Q1 24
$7.3M
$69.0M
Free Cash Flow
HTBK
HTBK
KRP
KRP
Q4 25
$61.3M
Q3 25
$18.8M
Q2 25
Q1 25
Q4 24
$37.3M
Q3 24
$4.9M
Q2 24
$9.9M
Q1 24
$6.9M
FCF Margin
HTBK
HTBK
KRP
KRP
Q4 25
114.3%
Q3 25
37.7%
Q2 25
Q1 25
Q4 24
80.5%
Q3 24
11.6%
Q2 24
23.6%
Q1 24
16.4%
Capex Intensity
HTBK
HTBK
KRP
KRP
Q4 25
0.7%
Q3 25
0.1%
Q2 25
Q1 25
Q4 24
3.5%
Q3 24
1.0%
Q2 24
1.6%
Q1 24
1.0%
Cash Conversion
HTBK
HTBK
KRP
KRP
Q4 25
4.08×
2.31×
Q3 25
1.28×
2.81×
Q2 25
1.25×
2.71×
Q1 25
1.28×
2.09×
Q4 24
3.67×
Q3 24
0.50×
2.42×
Q2 24
1.14×
4.14×
Q1 24
0.72×
7.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTBK
HTBK

Segment breakdown not available.

KRP
KRP

Oil And Condensate$45.9M56%
Natural Gas Midstream$19.5M24%
NGL Revenue$10.6M13%
Other$6.4M8%

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