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Side-by-side financial comparison of INDEPENDENT BANK CORP (IBCP) and ORTHOPEDIATRICS CORP (KIDS). Click either name above to swap in a different company.
ORTHOPEDIATRICS CORP is the larger business by last-quarter revenue ($61.6M vs $58.9M, roughly 1.0× INDEPENDENT BANK CORP). INDEPENDENT BANK CORP runs the higher net margin — 28.6% vs -16.4%, a 45.0% gap on every dollar of revenue. Over the past eight quarters, ORTHOPEDIATRICS CORP's revenue compounded faster (17.4% CAGR vs 2.1%).
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 62 branches, all of which are in Michigan.
OrthoPediatrics is an American bio-science company engaged in designing, developing, manufacturing, and distributing orthopedic implants and instruments for pediatric issues. It is based in Warsaw, Indiana.
IBCP vs KIDS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $58.9M | $61.6M |
| Net Profit | $16.9M | $-10.1M |
| Gross Margin | — | 73.2% |
| Operating Margin | — | -13.3% |
| Net Margin | 28.6% | -16.4% |
| Revenue YoY | — | 17.0% |
| Net Profit YoY | 8.2% | 37.1% |
| EPS (diluted) | $0.81 | $-0.43 |
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.
| Q1 26 | $58.9M | — | ||
| Q4 25 | $58.3M | $61.6M | ||
| Q3 25 | $57.3M | $61.3M | ||
| Q2 25 | $55.9M | $61.1M | ||
| Q1 25 | $54.1M | $52.4M | ||
| Q4 24 | $62.0M | $52.7M | ||
| Q3 24 | $51.4M | $54.6M | ||
| Q2 24 | $56.5M | $52.8M |
| Q1 26 | $16.9M | — | ||
| Q4 25 | $18.6M | $-10.1M | ||
| Q3 25 | $17.5M | $-11.8M | ||
| Q2 25 | $16.9M | $-7.1M | ||
| Q1 25 | $15.6M | $-10.7M | ||
| Q4 24 | $18.5M | $-16.1M | ||
| Q3 24 | $13.8M | $-7.9M | ||
| Q2 24 | $18.5M | $-6.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 73.2% | ||
| Q3 25 | — | 73.9% | ||
| Q2 25 | — | 72.1% | ||
| Q1 25 | — | 73.0% | ||
| Q4 24 | — | 67.5% | ||
| Q3 24 | — | 73.4% | ||
| Q2 24 | — | 77.3% |
| Q1 26 | — | — | ||
| Q4 25 | 34.8% | -13.3% | ||
| Q3 25 | 37.0% | -15.4% | ||
| Q2 25 | 37.0% | -17.4% | ||
| Q1 25 | 35.3% | -21.0% | ||
| Q4 24 | 36.7% | -26.7% | ||
| Q3 24 | 33.7% | -10.2% | ||
| Q2 24 | 41.0% | -10.7% |
| Q1 26 | 28.6% | — | ||
| Q4 25 | 31.8% | -16.4% | ||
| Q3 25 | 30.5% | -19.2% | ||
| Q2 25 | 30.2% | -11.6% | ||
| Q1 25 | 28.8% | -20.3% | ||
| Q4 24 | 29.8% | -30.5% | ||
| Q3 24 | 26.9% | -14.5% | ||
| Q2 24 | 32.8% | -11.4% |
| Q1 26 | $0.81 | — | ||
| Q4 25 | $0.88 | $-0.43 | ||
| Q3 25 | $0.84 | $-0.50 | ||
| Q2 25 | $0.81 | $-0.30 | ||
| Q1 25 | $0.74 | $-0.46 | ||
| Q4 24 | $0.87 | $-0.70 | ||
| Q3 24 | $0.65 | $-0.34 | ||
| Q2 24 | $0.88 | $-0.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $174.9M | $60.9M |
| Total DebtLower is stronger | — | $106.0M |
| Stockholders' EquityBook value | $510.6M | $346.6M |
| Total Assets | $5.6B | $508.6M |
| Debt / EquityLower = less leverage | — | 0.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $174.9M | — | ||
| Q4 25 | $138.4M | $60.9M | ||
| Q3 25 | $208.7M | $57.7M | ||
| Q2 25 | $146.2M | $70.1M | ||
| Q1 25 | $128.1M | $58.8M | ||
| Q4 24 | $119.9M | $68.8M | ||
| Q3 24 | $121.6M | $76.1M | ||
| Q2 24 | $214.3M | $28.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $106.0M | ||
| Q3 25 | — | $105.3M | ||
| Q2 25 | — | $102.7M | ||
| Q1 25 | — | $77.4M | ||
| Q4 24 | — | $77.5M | ||
| Q3 24 | — | $76.9M | ||
| Q2 24 | — | $11.2M |
| Q1 26 | $510.6M | — | ||
| Q4 25 | $503.0M | $346.6M | ||
| Q3 25 | $490.7M | $349.3M | ||
| Q2 25 | $469.3M | $355.5M | ||
| Q1 25 | $467.3M | $347.1M | ||
| Q4 24 | $454.7M | $354.6M | ||
| Q3 24 | $452.4M | $370.9M | ||
| Q2 24 | $430.5M | $371.3M |
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.5B | $508.6M | ||
| Q3 25 | $5.5B | $493.5M | ||
| Q2 25 | $5.4B | $503.6M | ||
| Q1 25 | $5.3B | $470.3M | ||
| Q4 24 | $5.3B | $473.2M | ||
| Q3 24 | $5.3B | $489.3M | ||
| Q2 24 | $5.3B | $430.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.03× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $10.3M |
| Free Cash FlowOCF − Capex | — | $9.7M |
| FCF MarginFCF / Revenue | — | 15.8% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $76.7M | $10.3M | ||
| Q3 25 | $18.2M | $-581.0K | ||
| Q2 25 | $19.0M | $-10.5M | ||
| Q1 25 | $31.7M | $-4.2M | ||
| Q4 24 | $63.2M | $-4.0M | ||
| Q3 24 | $17.2M | $-10.3M | ||
| Q2 24 | $8.7M | $-6.1M |
| Q1 26 | — | — | ||
| Q4 25 | $70.2M | $9.7M | ||
| Q3 25 | $16.5M | $-3.4M | ||
| Q2 25 | $16.7M | $-13.9M | ||
| Q1 25 | $30.6M | $-8.4M | ||
| Q4 24 | $55.2M | $-4.2M | ||
| Q3 24 | $15.7M | $-11.7M | ||
| Q2 24 | $7.0M | $-12.8M |
| Q1 26 | — | — | ||
| Q4 25 | 120.3% | 15.8% | ||
| Q3 25 | 28.9% | -5.6% | ||
| Q2 25 | 29.8% | -22.8% | ||
| Q1 25 | 56.5% | -16.0% | ||
| Q4 24 | 89.1% | -8.1% | ||
| Q3 24 | 30.6% | -21.4% | ||
| Q2 24 | 12.3% | -24.2% |
| Q1 26 | — | — | ||
| Q4 25 | 11.1% | 1.0% | ||
| Q3 25 | 2.9% | 4.6% | ||
| Q2 25 | 4.1% | 5.6% | ||
| Q1 25 | 2.1% | 8.1% | ||
| Q4 24 | 12.8% | 0.5% | ||
| Q3 24 | 2.9% | 2.5% | ||
| Q2 24 | 3.1% | 12.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.13× | — | ||
| Q3 25 | 1.04× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | 3.42× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 0.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBCP
| Net Interest Income | $46.9M | 80% |
| Noninterest Income | $12.0M | 20% |
KIDS
Segment breakdown not available.
