vs

Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $30.8M, roughly 1.9× INNEOVA Holdings Ltd). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs 0.8%, a 21.0% gap on every dollar of revenue.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

INEO vs WASH — Head-to-Head

Bigger by revenue
WASH
WASH
1.9× larger
WASH
$57.8M
$30.8M
INEO
Higher net margin
WASH
WASH
21.0% more per $
WASH
21.8%
0.8%
INEO

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
INEO
INEO
WASH
WASH
Revenue
$30.8M
$57.8M
Net Profit
$243.0K
$12.6M
Gross Margin
19.3%
Operating Margin
3.6%
Net Margin
0.8%
21.8%
Revenue YoY
Net Profit YoY
3.5%
EPS (diluted)
$0.02
$0.66

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
INEO
INEO
WASH
WASH
Q1 26
$57.8M
Q4 25
$59.3M
Q3 25
$56.5M
Q2 25
$30.8M
$54.3M
Q1 25
$59.1M
Q4 24
$12.4M
Q3 24
$48.5M
Q2 24
$48.2M
Net Profit
INEO
INEO
WASH
WASH
Q1 26
$12.6M
Q4 25
$16.0M
Q3 25
$10.8M
Q2 25
$243.0K
$13.2M
Q1 25
$12.2M
Q4 24
$-60.8M
Q3 24
$11.0M
Q2 24
$10.8M
Gross Margin
INEO
INEO
WASH
WASH
Q1 26
Q4 25
Q3 25
Q2 25
19.3%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
INEO
INEO
WASH
WASH
Q1 26
Q4 25
34.9%
Q3 25
24.7%
Q2 25
3.6%
31.6%
Q1 25
26.5%
Q4 24
-648.7%
Q3 24
28.5%
Q2 24
28.7%
Net Margin
INEO
INEO
WASH
WASH
Q1 26
21.8%
Q4 25
27.0%
Q3 25
19.2%
Q2 25
0.8%
24.4%
Q1 25
20.6%
Q4 24
-491.4%
Q3 24
22.6%
Q2 24
22.4%
EPS (diluted)
INEO
INEO
WASH
WASH
Q1 26
$0.66
Q4 25
$0.84
Q3 25
$0.56
Q2 25
$0.02
$0.68
Q1 25
$0.63
Q4 24
$-3.54
Q3 24
$0.64
Q2 24
$0.63

Balance Sheet & Financial Strength

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

Metric
INEO
INEO
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$2.1M
$12.3M
Total DebtLower is stronger
$2.9M
Stockholders' EquityBook value
$11.2M
$546.8M
Total Assets
$52.6M
$6.5B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INEO
INEO
WASH
WASH
Q1 26
$12.3M
Q4 25
Q3 25
Q2 25
$2.1M
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
INEO
INEO
WASH
WASH
Q1 26
Q4 25
Q3 25
Q2 25
$2.9M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
INEO
INEO
WASH
WASH
Q1 26
$546.8M
Q4 25
$543.6M
Q3 25
$533.0M
Q2 25
$11.2M
$527.5M
Q1 25
$521.7M
Q4 24
$499.7M
Q3 24
$502.2M
Q2 24
$471.0M
Total Assets
INEO
INEO
WASH
WASH
Q1 26
$6.5B
Q4 25
$6.6B
Q3 25
$6.7B
Q2 25
$52.6M
$6.7B
Q1 25
$6.6B
Q4 24
$6.9B
Q3 24
$7.1B
Q2 24
$7.2B
Debt / Equity
INEO
INEO
WASH
WASH
Q1 26
Q4 25
Q3 25
Q2 25
0.26×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
INEO
INEO
WASH
WASH
Operating Cash FlowLast quarter
$-301.0K
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-4.8%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
-1.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INEO
INEO
WASH
WASH
Q1 26
Q4 25
$80.3M
Q3 25
$39.6M
Q2 25
$-301.0K
$11.3M
Q1 25
$8.4M
Q4 24
$57.7M
Q3 24
$25.7M
Q2 24
$11.2M
Free Cash Flow
INEO
INEO
WASH
WASH
Q1 26
Q4 25
$78.3M
Q3 25
$39.3M
Q2 25
$-1.5M
$10.9M
Q1 25
$8.4M
Q4 24
$53.7M
Q3 24
$24.4M
Q2 24
$9.6M
FCF Margin
INEO
INEO
WASH
WASH
Q1 26
Q4 25
132.2%
Q3 25
69.6%
Q2 25
-4.8%
20.2%
Q1 25
14.2%
Q4 24
433.8%
Q3 24
50.4%
Q2 24
19.8%
Capex Intensity
INEO
INEO
WASH
WASH
Q1 26
Q4 25
3.4%
Q3 25
0.6%
Q2 25
3.8%
0.7%
Q1 25
0.1%
Q4 24
32.3%
Q3 24
2.6%
Q2 24
3.4%
Cash Conversion
INEO
INEO
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
-1.24×
0.86×
Q1 25
0.69×
Q4 24
Q3 24
2.34×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INEO
INEO

Segment breakdown not available.

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

Related Comparisons