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Side-by-side financial comparison of John Marshall Bancorp, Inc. (JMSB) and Velo3D, Inc. (VELO). Click either name above to swap in a different company.
John Marshall Bancorp, Inc. is the larger business by last-quarter revenue ($16.8M vs $9.4M, roughly 1.8× Velo3D, Inc.). John Marshall Bancorp, Inc. runs the higher net margin — 36.3% vs -231.9%, a 268.3% gap on every dollar of revenue. Over the past eight quarters, John Marshall Bancorp, Inc.'s revenue compounded faster (15.3% CAGR vs -1.8%).
John Marshall Bancorp, Inc. is a U.S.-based bank holding company that operates through its wholly owned subsidiary John Marshall Bank. It provides a full suite of commercial and consumer banking products including deposit accounts, commercial loans, residential mortgages, and personal financial services, primarily serving retail customers and small-to-mid-sized businesses across the U.S. Mid-Atlantic region.
Velo3D, Inc. develops and sells advanced end-to-end metal additive manufacturing (3D printing) solutions, comprising industrial-grade printers, specialized processing software, and high-performance metal materials. It primarily serves global aerospace, defense, energy, semiconductor and industrial manufacturing markets, enabling customers to produce complex, high-precision metal parts that are difficult to manufacture with traditional methods.
JMSB vs VELO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $16.8M | $9.4M |
| Net Profit | $6.1M | $-21.9M |
| Gross Margin | — | -73.6% |
| Operating Margin | — | -231.0% |
| Net Margin | 36.3% | -231.9% |
| Revenue YoY | — | -25.2% |
| Net Profit YoY | 26.8% | -2.9% |
| EPS (diluted) | $0.43 | $-0.87 |
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 | $16.8M | — | ||
| Q4 25 | $16.4M | $9.4M | ||
| Q3 25 | $16.3M | $13.6M | ||
| Q2 25 | $15.4M | $13.6M | ||
| Q1 25 | $14.6M | $9.3M | ||
| Q4 24 | $14.3M | $12.6M | ||
| Q3 24 | $13.8M | $8.2M | ||
| Q2 24 | $12.6M | $10.3M |
| Q1 26 | $6.1M | — | ||
| Q4 25 | $5.9M | $-21.9M | ||
| Q3 25 | $5.4M | $-11.2M | ||
| Q2 25 | $5.1M | $-13.3M | ||
| Q1 25 | $4.8M | $-25.0M | ||
| Q4 24 | $4.8M | $-21.3M | ||
| Q3 24 | $4.2M | $-21.9M | ||
| Q2 24 | $3.9M | $935.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | -73.6% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | -11.7% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | — | 49.4% | ||
| Q2 24 | — | -28.0% |
| Q1 26 | — | — | ||
| Q4 25 | 47.4% | -231.0% | ||
| Q3 25 | 42.2% | -73.3% | ||
| Q2 25 | 42.7% | -85.4% | ||
| Q1 25 | 42.4% | -123.6% | ||
| Q4 24 | 42.5% | -167.0% | ||
| Q3 24 | 38.8% | -213.8% | ||
| Q2 24 | 39.7% | -187.7% |
| Q1 26 | 36.3% | — | ||
| Q4 25 | 36.2% | -231.9% | ||
| Q3 25 | 33.2% | -82.0% | ||
| Q2 25 | 33.1% | -97.7% | ||
| Q1 25 | 32.9% | -268.4% | ||
| Q4 24 | 33.3% | -168.5% | ||
| Q3 24 | 30.7% | -265.3% | ||
| Q2 24 | 30.9% | 9.0% |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.41 | $-0.87 | ||
| Q3 25 | $0.38 | $-0.65 | ||
| Q2 25 | $0.36 | $-0.94 | ||
| Q1 25 | $0.34 | $-1.87 | ||
| Q4 24 | $0.33 | $7.06 | ||
| Q3 24 | $0.30 | $-35.52 | ||
| Q2 24 | $0.27 | $1.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $150.2M | $39.0M |
| Total DebtLower is stronger | — | $31.0M |
| Stockholders' EquityBook value | $268.1M | $38.2M |
| Total Assets | $2.4B | $105.3M |
| Debt / EquityLower = less leverage | — | 0.81× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $150.2M | — | ||
| Q4 25 | $130.0M | $39.0M | ||
| Q3 25 | $163.6M | $11.8M | ||
| Q2 25 | $116.9M | $854.0K | ||
| Q1 25 | $169.1M | $3.9M | ||
| Q4 24 | $122.5M | $1.2M | ||
| Q3 24 | $177.2M | $1.6M | ||
| Q2 24 | $182.6M | $3.2M |
| Q1 26 | — | — | ||
| Q4 25 | $80.9M | $31.0M | ||
| Q3 25 | $80.9M | $23.0M | ||
| Q2 25 | $80.8M | $22.5M | ||
| Q1 25 | $80.8M | $21.7M | ||
| Q4 24 | $80.8M | $5.7M | ||
| Q3 24 | $80.8M | $32.3M | ||
| Q2 24 | $24.7M | $33.5M |
| Q1 26 | $268.1M | — | ||
| Q4 25 | $265.6M | $38.2M | ||
| Q3 25 | $259.7M | $29.9M | ||
| Q2 25 | $253.7M | $21.4M | ||
| Q1 25 | $253.0M | $32.8M | ||
| Q4 24 | $246.6M | $39.7M | ||
| Q3 24 | $243.1M | $34.4M | ||
| Q2 24 | $235.3M | $52.1M |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.3B | $105.3M | ||
| Q3 25 | $2.3B | $93.7M | ||
| Q2 25 | $2.3B | $78.4M | ||
| Q1 25 | $2.3B | $91.3M | ||
| Q4 24 | $2.2B | $89.2M | ||
| Q3 24 | $2.3B | $110.8M | ||
| Q2 24 | $2.3B | $116.7M |
| Q1 26 | — | — | ||
| Q4 25 | 0.30× | 0.81× | ||
| Q3 25 | 0.31× | 0.77× | ||
| Q2 25 | 0.32× | 1.05× | ||
| Q1 25 | 0.32× | 0.66× | ||
| Q4 24 | 0.33× | 0.14× | ||
| Q3 24 | 0.33× | 0.94× | ||
| Q2 24 | 0.11× | 0.64× |
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 | — | $-7.7M |
| Free Cash FlowOCF − Capex | — | $-8.3M |
| FCF MarginFCF / Revenue | — | -88.3% |
| Capex IntensityCapex / Revenue | — | 6.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $22.6M | $-7.7M | ||
| Q3 25 | $1.2M | $-6.0M | ||
| Q2 25 | $7.5M | $-1.2M | ||
| Q1 25 | $7.0M | $-12.3M | ||
| Q4 24 | $17.3M | $-2.2M | ||
| Q3 24 | $1.4M | $-2.0M | ||
| Q2 24 | $10.2M | $-8.0M |
| Q1 26 | — | — | ||
| Q4 25 | $22.0M | $-8.3M | ||
| Q3 25 | $1.2M | $-6.3M | ||
| Q2 25 | $7.4M | $-3.0M | ||
| Q1 25 | $6.6M | — | ||
| Q4 24 | $16.8M | $-2.2M | ||
| Q3 24 | $1.3M | $-2.0M | ||
| Q2 24 | $10.1M | $-8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 134.7% | -88.3% | ||
| Q3 25 | 7.3% | -46.5% | ||
| Q2 25 | 47.8% | -22.2% | ||
| Q1 25 | 45.3% | — | ||
| Q4 24 | 116.9% | -17.7% | ||
| Q3 24 | 9.5% | -24.2% | ||
| Q2 24 | 80.1% | -77.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 6.4% | ||
| Q3 25 | 0.2% | 2.3% | ||
| Q2 25 | 1.0% | 13.3% | ||
| Q1 25 | 2.3% | 0.0% | ||
| Q4 24 | 3.4% | 0.2% | ||
| Q3 24 | 0.8% | 0.2% | ||
| Q2 24 | 0.4% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.82× | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 3.61× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 2.60× | -8.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JMSB
| Net Interest Income | $16.5M | 98% |
| Noninterest Income | $284.0K | 2% |
VELO
Segment breakdown not available.
