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Side-by-side financial comparison of Limbach Holdings, Inc. (LMB) and NewtekOne, Inc. (NEWT). Click either name above to swap in a different company.

Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $73.3M, roughly 1.9× NewtekOne, Inc.). NewtekOne, Inc. runs the higher net margin — 111.8% vs 3.2%, a 108.6% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (4.3% vs -2.7%). Over the past eight quarters, NewtekOne, Inc.'s revenue compounded faster (12.2% CAGR vs 6.6%).

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

NewTek, Inc., is a hardware and software company, based in San Antonio, Texas, that produced live and post-production video tools and visual imaging software for personal computers. The company was founded in 1985 in Topeka, Kansas, United States, by Tim Jenison and Paul Montgomery. On April 1, 2019, it was announced that NewTek would be acquired by Vizrt.

LMB vs NEWT — Head-to-Head

Bigger by revenue
LMB
LMB
1.9× larger
LMB
$138.9M
$73.3M
NEWT
Growing faster (revenue YoY)
LMB
LMB
+7.0% gap
LMB
4.3%
-2.7%
NEWT
Higher net margin
NEWT
NEWT
108.6% more per $
NEWT
111.8%
3.2%
LMB
Faster 2-yr revenue CAGR
NEWT
NEWT
Annualised
NEWT
12.2%
6.6%
LMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LMB
LMB
NEWT
NEWT
Revenue
$138.9M
$73.3M
Net Profit
$4.4M
$19.5M
Gross Margin
22.4%
Operating Margin
0.8%
Net Margin
3.2%
111.8%
Revenue YoY
4.3%
-2.7%
Net Profit YoY
6.6%
EPS (diluted)
$0.36
$0.64

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
LMB
LMB
NEWT
NEWT
Q1 26
$138.9M
Q4 25
$186.9M
$73.3M
Q3 25
$184.6M
$74.9M
Q2 25
$142.2M
$70.2M
Q1 25
$133.1M
$66.3M
Q4 24
$143.7M
$75.4M
Q3 24
$133.9M
$62.8M
Q2 24
$122.2M
$61.1M
Net Profit
LMB
LMB
NEWT
NEWT
Q1 26
$4.4M
Q4 25
$12.3M
$19.5M
Q3 25
$8.8M
$17.9M
Q2 25
$7.8M
$13.7M
Q1 25
$10.2M
$9.4M
Q4 24
$9.8M
$18.3M
Q3 24
$7.5M
$11.9M
Q2 24
$6.0M
$10.9M
Gross Margin
LMB
LMB
NEWT
NEWT
Q1 26
22.4%
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Operating Margin
LMB
LMB
NEWT
NEWT
Q1 26
0.8%
Q4 25
9.4%
Q3 25
7.2%
Q2 25
7.5%
Q1 25
5.9%
Q4 24
9.1%
Q3 24
8.1%
Q2 24
6.7%
Net Margin
LMB
LMB
NEWT
NEWT
Q1 26
3.2%
Q4 25
6.6%
111.8%
Q3 25
4.8%
23.9%
Q2 25
5.5%
19.5%
Q1 25
7.7%
14.1%
Q4 24
6.9%
24.3%
Q3 24
5.6%
19.0%
Q2 24
4.9%
17.9%
EPS (diluted)
LMB
LMB
NEWT
NEWT
Q1 26
$0.36
Q4 25
$1.01
$0.64
Q3 25
$0.73
$0.67
Q2 25
$0.64
$0.52
Q1 25
$0.85
$0.35
Q4 24
$0.81
$0.70
Q3 24
$0.62
$0.45
Q2 24
$0.50
$0.43

Balance Sheet & Financial Strength

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

Metric
LMB
LMB
NEWT
NEWT
Cash + ST InvestmentsLiquidity on hand
$15.8M
Total DebtLower is stronger
$56.6M
$819.9M
Stockholders' EquityBook value
$196.3M
$397.6M
Total Assets
$377.0M
$2.7B
Debt / EquityLower = less leverage
0.29×
2.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMB
LMB
NEWT
NEWT
Q1 26
$15.8M
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$38.9M
Q1 25
$38.1M
Q4 24
$44.9M
Q3 24
$51.2M
Q2 24
$59.5M
Total Debt
LMB
LMB
NEWT
NEWT
Q1 26
$56.6M
Q4 25
$30.5M
$819.9M
Q3 25
$56.3M
$748.5M
Q2 25
$28.4M
$657.3M
Q1 25
$23.7M
$774.0M
Q4 24
$23.6M
$708.0M
Q3 24
$20.5M
$655.8M
Q2 24
$19.7M
$652.0M
Stockholders' Equity
LMB
LMB
NEWT
NEWT
Q1 26
$196.3M
Q4 25
$195.7M
$397.6M
Q3 25
$181.6M
$386.7M
Q2 25
$170.5M
$312.2M
Q1 25
$161.1M
$302.3M
Q4 24
$153.5M
$296.3M
Q3 24
$142.2M
$281.8M
Q2 24
$133.0M
$274.0M
Total Assets
LMB
LMB
NEWT
NEWT
Q1 26
$377.0M
Q4 25
$381.1M
$2.7B
Q3 25
$409.1M
$2.4B
Q2 25
$343.0M
$2.1B
Q1 25
$336.4M
$2.1B
Q4 24
$352.1M
$2.1B
Q3 24
$324.4M
$1.7B
Q2 24
$303.9M
$1.6B
Debt / Equity
LMB
LMB
NEWT
NEWT
Q1 26
0.29×
Q4 25
0.16×
2.06×
Q3 25
0.31×
1.94×
Q2 25
0.17×
2.11×
Q1 25
0.15×
2.56×
Q4 24
0.15×
2.39×
Q3 24
0.14×
2.33×
Q2 24
0.15×
2.38×

Cash Flow & Capital Efficiency

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

Metric
LMB
LMB
NEWT
NEWT
Operating Cash FlowLast quarter
$-579.2M
Free Cash FlowOCF − Capex
$-579.3M
FCF MarginFCF / Revenue
-790.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-29.64×
TTM Free Cash FlowTrailing 4 quarters
$-1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMB
LMB
NEWT
NEWT
Q1 26
Q4 25
$28.1M
$-579.2M
Q3 25
$13.3M
$-167.3M
Q2 25
$2.0M
$-199.8M
Q1 25
$2.2M
$-60.7M
Q4 24
$19.3M
$-153.0M
Q3 24
$4.9M
$-25.7M
Q2 24
$16.5M
$2.9M
Free Cash Flow
LMB
LMB
NEWT
NEWT
Q1 26
Q4 25
$27.9M
$-579.3M
Q3 25
$12.8M
$-167.3M
Q2 25
$1.2M
$-199.9M
Q1 25
$11.0K
$-60.7M
Q4 24
$18.0M
$-153.5M
Q3 24
$4.6M
$-25.9M
Q2 24
$13.2M
$2.9M
FCF Margin
LMB
LMB
NEWT
NEWT
Q1 26
Q4 25
14.9%
-790.0%
Q3 25
7.0%
-223.3%
Q2 25
0.8%
-284.7%
Q1 25
0.0%
-91.6%
Q4 24
12.5%
-203.6%
Q3 24
3.4%
-41.2%
Q2 24
10.8%
4.7%
Capex Intensity
LMB
LMB
NEWT
NEWT
Q1 26
Q4 25
0.1%
0.1%
Q3 25
0.3%
0.0%
Q2 25
0.6%
0.1%
Q1 25
1.7%
0.1%
Q4 24
0.9%
0.6%
Q3 24
0.3%
0.4%
Q2 24
2.7%
0.1%
Cash Conversion
LMB
LMB
NEWT
NEWT
Q1 26
Q4 25
2.29×
-29.64×
Q3 25
1.52×
-9.35×
Q2 25
0.26×
-14.58×
Q1 25
0.22×
-6.48×
Q4 24
1.96×
-8.35×
Q3 24
0.66×
-2.15×
Q2 24
2.77×
0.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LMB
LMB

ODR$99.8M72%
GCR$39.0M28%

NEWT
NEWT

Segment breakdown not available.

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