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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $25.6M, roughly 1.4× IT TECH PACKAGING, INC.). UNITY BANCORP INC runs the higher net margin — 43.9% vs -5.7%, a 49.5% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs 2.1%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $1.5M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs 10.5%).
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
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.
ITP vs UNTY — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.6M | $35.3M |
| Net Profit | $-1.4M | $15.5M |
| Gross Margin | 7.9% | — |
| Operating Margin | -3.9% | 55.8% |
| Net Margin | -5.7% | 43.9% |
| Revenue YoY | 2.1% | 24.2% |
| Net Profit YoY | 26.6% | 34.5% |
| EPS (diluted) | $-0.11 | $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.
| Q4 25 | — | $35.3M | ||
| Q3 25 | $25.6M | $32.8M | ||
| Q2 25 | $24.8M | $34.4M | ||
| Q1 25 | $10.9M | $29.4M | ||
| Q4 24 | $17.6M | $28.4M | ||
| Q3 24 | $25.1M | $27.7M | ||
| Q2 24 | $26.2M | $25.5M | ||
| Q1 24 | $6.9M | $25.6M |
| Q4 25 | — | $15.5M | ||
| Q3 25 | $-1.4M | $14.4M | ||
| Q2 25 | $-2.0M | $16.5M | ||
| Q1 25 | $-3.5M | $11.6M | ||
| Q4 24 | $-4.0M | $11.5M | ||
| Q3 24 | $-2.0M | $10.9M | ||
| Q2 24 | $-77.7K | $9.5M | ||
| Q1 24 | $-3.7M | $9.6M |
| Q4 25 | — | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 7.6% | — | ||
| Q2 24 | 12.4% | — | ||
| Q1 24 | 5.8% | — |
| Q4 25 | — | 55.8% | ||
| Q3 25 | -3.9% | 57.5% | ||
| Q2 25 | -7.1% | 62.6% | ||
| Q1 25 | -31.0% | 52.6% | ||
| Q4 24 | -21.5% | 51.0% | ||
| Q3 24 | -5.8% | 52.7% | ||
| Q2 24 | 2.1% | 49.3% | ||
| Q1 24 | -51.0% | 50.0% |
| Q4 25 | — | 43.9% | ||
| Q3 25 | -5.7% | 43.8% | ||
| Q2 25 | -7.9% | 48.0% | ||
| Q1 25 | -32.2% | 39.5% | ||
| Q4 24 | -22.9% | 40.5% | ||
| Q3 24 | -7.9% | 39.4% | ||
| Q2 24 | -0.3% | 37.1% | ||
| Q1 24 | -54.6% | 37.5% |
| Q4 25 | — | $1.52 | ||
| Q3 25 | $-0.11 | $1.41 | ||
| Q2 25 | $-0.16 | $1.61 | ||
| Q1 25 | $-0.35 | $1.13 | ||
| Q4 24 | $-0.40 | $1.13 | ||
| Q3 24 | $-0.20 | $1.07 | ||
| Q2 24 | $-0.01 | $0.92 | ||
| Q1 24 | $-0.37 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $4.7M | — |
| Stockholders' EquityBook value | $152.0M | $345.6M |
| Total Assets | $175.7M | $3.0B |
| Debt / EquityLower = less leverage | 0.03× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $4.7M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $4.7M | — | ||
| Q4 24 | $4.7M | $230.8M | ||
| Q3 24 | $8.9M | — | ||
| Q2 24 | $11.3M | — | ||
| Q1 24 | $11.4M | — |
| Q4 25 | — | $345.6M | ||
| Q3 25 | $152.0M | $334.0M | ||
| Q2 25 | $152.3M | $319.8M | ||
| Q1 25 | $152.8M | $306.1M | ||
| Q4 24 | $156.1M | $295.6M | ||
| Q3 24 | $164.3M | $284.3M | ||
| Q2 24 | $163.5M | $273.4M | ||
| Q1 24 | $164.3M | $266.8M |
| Q4 25 | — | $3.0B | ||
| Q3 25 | $175.7M | $2.9B | ||
| Q2 25 | $175.2M | $2.9B | ||
| Q1 25 | $175.2M | $2.8B | ||
| Q4 24 | $177.5M | $2.7B | ||
| Q3 24 | $190.0M | $2.6B | ||
| Q2 24 | $191.4M | $2.6B | ||
| Q1 24 | $177.5M | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.03× | 0.78× | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.07× | — |
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 | $1.5M | $44.9M |
| Free Cash FlowOCF − Capex | $1.5M | $44.3M |
| FCF MarginFCF / Revenue | 5.9% | 125.7% |
| Capex IntensityCapex / Revenue | 0.0% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $3.8M | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $44.9M | ||
| Q3 25 | $1.5M | $45.5M | ||
| Q2 25 | $1.4M | $-25.3M | ||
| Q1 25 | $-2.5M | $17.9M | ||
| Q4 24 | $3.5M | $48.0M | ||
| Q3 24 | $1.5M | $17.7M | ||
| Q2 24 | $721.9K | $-8.4M | ||
| Q1 24 | $624.4K | $15.8M |
| Q4 25 | — | $44.3M | ||
| Q3 25 | $1.5M | $45.3M | ||
| Q2 25 | $1.3M | $-25.5M | ||
| Q1 25 | $-2.5M | $17.6M | ||
| Q4 24 | $3.5M | $47.3M | ||
| Q3 24 | $1.2M | $17.5M | ||
| Q2 24 | $668.3K | $-8.6M | ||
| Q1 24 | $615.4K | $15.7M |
| Q4 25 | — | 125.7% | ||
| Q3 25 | 5.9% | 138.1% | ||
| Q2 25 | 5.4% | -74.2% | ||
| Q1 25 | -22.8% | 59.9% | ||
| Q4 24 | 19.6% | 166.5% | ||
| Q3 24 | 4.9% | 63.3% | ||
| Q2 24 | 2.5% | -33.7% | ||
| Q1 24 | 9.0% | 61.4% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.1% | 0.5% | ||
| Q1 25 | 0.1% | 1.0% | ||
| Q4 24 | 0.1% | 2.4% | ||
| Q3 24 | 1.0% | 0.5% | ||
| Q2 24 | 0.2% | 0.5% | ||
| Q1 24 | 0.1% | 0.3% |
| Q4 25 | — | 2.90× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | -1.54× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | — | 4.17× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
