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Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
NICOLET BANKSHARES INC is the larger business by last-quarter revenue ($104.0M vs $83.1M, roughly 1.3× PROCEPT BioRobotics Corp). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs -38.1%, a 76.8% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 12.5%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 12.5%).
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
NIC vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.0M | $83.1M |
| Net Profit | $40.3M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | 48.3% | -4.1% |
| Net Margin | 38.8% | -38.1% |
| Revenue YoY | 12.5% | 20.2% |
| Net Profit YoY | 16.9% | -27.9% |
| EPS (diluted) | $2.63 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $104.0M | $76.4M | ||
| Q3 25 | $102.9M | $83.3M | ||
| Q2 25 | $95.7M | $79.2M | ||
| Q1 25 | $89.4M | $69.2M | ||
| Q4 24 | $92.4M | $68.2M | ||
| Q3 24 | $90.7M | $58.4M | ||
| Q2 24 | $85.0M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $40.3M | $-29.8M | ||
| Q3 25 | $41.7M | $-21.4M | ||
| Q2 25 | $36.0M | $-19.6M | ||
| Q1 25 | $32.6M | $-24.7M | ||
| Q4 24 | $34.5M | $-18.9M | ||
| Q3 24 | $32.5M | $-21.0M | ||
| Q2 24 | $29.3M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 48.3% | -40.6% | ||
| Q3 25 | 50.4% | -27.8% | ||
| Q2 25 | 46.8% | -28.0% | ||
| Q1 25 | 44.9% | -39.7% | ||
| Q4 24 | 46.8% | -28.9% | ||
| Q3 24 | 45.0% | -38.4% | ||
| Q2 24 | 43.3% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 38.8% | -39.1% | ||
| Q3 25 | 40.6% | -25.7% | ||
| Q2 25 | 37.6% | -24.7% | ||
| Q1 25 | 36.4% | -35.8% | ||
| Q4 24 | 37.3% | -27.6% | ||
| Q3 24 | 35.8% | -35.9% | ||
| Q2 24 | 34.5% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $2.63 | $-0.54 | ||
| Q3 25 | $2.73 | $-0.38 | ||
| Q2 25 | $2.34 | $-0.35 | ||
| Q1 25 | $2.08 | $-0.45 | ||
| Q4 24 | $2.21 | $-0.34 | ||
| Q3 24 | $2.10 | $-0.40 | ||
| Q2 24 | $1.92 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $245.6M |
| Total DebtLower is stronger | $134.9M | $51.7M |
| Stockholders' EquityBook value | $1.3B | $347.7M |
| Total Assets | $9.2B | $487.1M |
| Debt / EquityLower = less leverage | 0.11× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | — | $286.5M | ||
| Q3 25 | — | $294.3M | ||
| Q2 25 | — | $302.7M | ||
| Q1 25 | — | $316.2M | ||
| Q4 24 | — | $333.7M | ||
| Q3 24 | — | $196.8M | ||
| Q2 24 | — | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $134.9M | $51.6M | ||
| Q3 25 | $134.6M | $51.6M | ||
| Q2 25 | $134.3M | $51.5M | ||
| Q1 25 | $156.6M | $51.5M | ||
| Q4 24 | $161.4M | $51.5M | ||
| Q3 24 | $161.2M | $51.4M | ||
| Q2 24 | $162.4M | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $1.3B | $365.9M | ||
| Q3 25 | $1.2B | $380.3M | ||
| Q2 25 | $1.2B | $385.8M | ||
| Q1 25 | $1.2B | $389.2M | ||
| Q4 24 | $1.2B | $402.2M | ||
| Q3 24 | $1.1B | $241.2M | ||
| Q2 24 | $1.1B | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $9.2B | $508.1M | ||
| Q3 25 | $9.0B | $511.5M | ||
| Q2 25 | $8.9B | $513.1M | ||
| Q1 25 | $9.0B | $519.4M | ||
| Q4 24 | $8.8B | $534.0M | ||
| Q3 24 | $8.6B | $374.1M | ||
| Q2 24 | $8.6B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.11× | 0.14× | ||
| Q3 25 | 0.11× | 0.14× | ||
| Q2 25 | 0.11× | 0.13× | ||
| Q1 25 | 0.13× | 0.13× | ||
| Q4 24 | 0.14× | 0.13× | ||
| Q3 24 | 0.14× | 0.21× | ||
| Q2 24 | 0.15× | 0.20× |
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 | $153.5M | — |
| Free Cash FlowOCF − Capex | $149.4M | — |
| FCF MarginFCF / Revenue | 143.7% | — |
| Capex IntensityCapex / Revenue | 3.9% | — |
| Cash ConversionOCF / Net Profit | 3.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $275.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $153.5M | $-10.3M | ||
| Q3 25 | $45.9M | $-6.6M | ||
| Q2 25 | $38.9M | $-15.0M | ||
| Q1 25 | $41.8M | $-17.0M | ||
| Q4 24 | $133.7M | $-32.4M | ||
| Q3 24 | $39.6M | $-18.8M | ||
| Q2 24 | $37.3M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $149.4M | $-12.2M | ||
| Q3 25 | $45.9M | $-9.5M | ||
| Q2 25 | $38.4M | $-17.8M | ||
| Q1 25 | $41.3M | $-18.8M | ||
| Q4 24 | $116.8M | $-33.6M | ||
| Q3 24 | $34.7M | $-19.0M | ||
| Q2 24 | $34.4M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 143.7% | -15.9% | ||
| Q3 25 | 44.6% | -11.4% | ||
| Q2 25 | 40.1% | -22.5% | ||
| Q1 25 | 46.2% | -27.2% | ||
| Q4 24 | 126.4% | -49.2% | ||
| Q3 24 | 38.3% | -32.6% | ||
| Q2 24 | 40.5% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 2.4% | ||
| Q3 25 | 0.0% | 3.4% | ||
| Q2 25 | 0.6% | 3.5% | ||
| Q1 25 | 0.5% | 2.7% | ||
| Q4 24 | 18.3% | 1.7% | ||
| Q3 24 | 5.4% | 0.4% | ||
| Q2 24 | 3.5% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.81× | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NIC
Segment breakdown not available.
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
