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Side-by-side financial comparison of Merchants Bancorp (MBIN) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $175.2M, roughly 1.6× Merchants Bancorp). Merchants Bancorp runs the higher net margin — 38.6% vs 17.4%, a 21.2% gap on every dollar of revenue. Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 4.8%).
Ameris Bancorp is an American bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Ameris Bank, the company operates full-service branches in Georgia, Alabama, Florida, North Carolina and South Carolina, and mortgage-only locations in Georgia, Alabama, Florida, North Carolina, South Carolina, Virginia, Maryland, and Tennessee. The company offers online and mobile banking options for both consumers and businesses.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
MBIN vs QNST — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $175.2M | $287.8M |
| Net Profit | $67.7M | $50.2M |
| Gross Margin | — | 9.6% |
| Operating Margin | — | 0.4% |
| Net Margin | 38.6% | 17.4% |
| Revenue YoY | — | 1.9% |
| Net Profit YoY | 16.3% | 3342.5% |
| EPS (diluted) | $1.25 | $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 | $175.2M | — | ||
| Q4 25 | $185.3M | $287.8M | ||
| Q3 25 | $171.1M | $285.9M | ||
| Q2 25 | $179.2M | — | ||
| Q1 25 | $145.9M | $269.8M | ||
| Q4 24 | $193.8M | $282.6M | ||
| Q3 24 | $149.6M | $279.2M | ||
| Q2 24 | $159.5M | $198.3M |
| Q1 26 | $67.7M | — | ||
| Q4 25 | — | $50.2M | ||
| Q3 25 | $54.7M | $4.5M | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $58.2M | $4.4M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | $61.3M | $-1.4M | ||
| Q2 24 | $76.4M | $-2.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | 0.4% | ||
| Q3 25 | 37.8% | 1.7% | ||
| Q2 25 | 27.3% | — | ||
| Q1 25 | 52.4% | 1.8% | ||
| Q4 24 | 66.0% | -0.5% | ||
| Q3 24 | 54.4% | -0.4% | ||
| Q2 24 | 62.2% | -0.7% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | — | 17.4% | ||
| Q3 25 | 32.0% | 1.6% | ||
| Q2 25 | 21.2% | — | ||
| Q1 25 | 39.9% | 1.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 41.0% | -0.5% | ||
| Q2 24 | 47.9% | -1.1% |
| Q1 26 | $1.25 | — | ||
| Q4 25 | $1.28 | $0.87 | ||
| Q3 25 | $0.97 | $0.08 | ||
| Q2 25 | $0.60 | — | ||
| Q1 25 | $0.93 | $0.08 | ||
| Q4 24 | $1.84 | $-0.03 | ||
| Q3 24 | $1.17 | $-0.02 | ||
| Q2 24 | $1.49 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.2M | $107.0M |
| Total DebtLower is stronger | $32.0M | — |
| Stockholders' EquityBook value | $2.3B | $294.4M |
| Total Assets | $20.3B | $493.0M |
| Debt / EquityLower = less leverage | 0.01× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $83.2M | — | ||
| Q4 25 | — | $107.0M | ||
| Q3 25 | — | $101.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $81.8M | ||
| Q4 24 | — | $57.8M | ||
| Q3 24 | — | $25.0M | ||
| Q2 24 | — | $50.5M |
| Q1 26 | $32.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $294.4M | ||
| Q3 25 | $2.2B | $246.7M | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | $235.5M | ||
| Q4 24 | $2.2B | $224.3M | ||
| Q3 24 | $1.9B | $219.8M | ||
| Q2 24 | $1.9B | $216.8M |
| Q1 26 | $20.3B | — | ||
| Q4 25 | $19.4B | $493.0M | ||
| Q3 25 | $19.4B | $442.6M | ||
| Q2 25 | $19.1B | — | ||
| Q1 25 | $18.8B | $417.2M | ||
| Q4 24 | $18.8B | $409.6M | ||
| Q3 24 | $18.7B | $401.2M | ||
| Q2 24 | $18.2B | $368.5M |
| Q1 26 | 0.01× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $21.6M |
| Free Cash FlowOCF − Capex | — | $20.7M |
| FCF MarginFCF / Revenue | — | 7.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | — | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-341.2M | $21.6M | ||
| Q3 25 | $29.8M | $19.6M | ||
| Q2 25 | $-121.2M | — | ||
| Q1 25 | $148.0M | $30.1M | ||
| Q4 24 | $-835.3M | $38.7M | ||
| Q3 24 | $-492.6M | $-13.7M | ||
| Q2 24 | $51.1M | $16.6M |
| Q1 26 | — | — | ||
| Q4 25 | $-362.2M | $20.7M | ||
| Q3 25 | $24.0M | $18.4M | ||
| Q2 25 | $-125.7M | — | ||
| Q1 25 | $141.2M | $29.5M | ||
| Q4 24 | $-853.7M | $38.2M | ||
| Q3 24 | $-497.2M | $-14.1M | ||
| Q2 24 | $45.8M | $15.4M |
| Q1 26 | — | — | ||
| Q4 25 | -195.5% | 7.2% | ||
| Q3 25 | 14.0% | 6.4% | ||
| Q2 25 | -70.1% | — | ||
| Q1 25 | 96.8% | 10.9% | ||
| Q4 24 | -440.6% | 13.5% | ||
| Q3 24 | -332.4% | -5.1% | ||
| Q2 24 | 28.7% | 7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 0.3% | ||
| Q3 25 | 3.4% | 0.4% | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 4.7% | 0.2% | ||
| Q4 24 | 9.5% | 0.2% | ||
| Q3 24 | 3.0% | 0.2% | ||
| Q2 24 | 3.3% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.43× | ||
| Q3 25 | 0.54× | 4.32× | ||
| Q2 25 | -3.19× | — | ||
| Q1 25 | 2.54× | 6.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | -8.04× | — | ||
| Q2 24 | 0.67× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
