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Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $104.0M, roughly 1.9× NICOLET BANKSHARES INC). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs 2.2%, a 36.5% gap on every dollar of revenue. On growth, NICOLET BANKSHARES INC posted the faster year-over-year revenue change (12.5% vs 5.2%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $1.1M). Over the past eight quarters, NICOLET BANKSHARES INC's revenue compounded faster (12.5% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
NIC vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.0M | $200.5M |
| Net Profit | $40.3M | $4.5M |
| Gross Margin | — | 32.2% |
| Operating Margin | 48.3% | — |
| Net Margin | 38.8% | 2.2% |
| Revenue YoY | 12.5% | 5.2% |
| Net Profit YoY | 16.9% | 421.4% |
| EPS (diluted) | $2.63 | $0.25 |
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 | — | $200.5M | ||
| Q4 25 | $104.0M | $201.5M | ||
| Q3 25 | $102.9M | $216.0M | ||
| Q2 25 | $95.7M | $202.8M | ||
| Q1 25 | $89.4M | $190.5M | ||
| Q4 24 | $92.4M | $192.2M | ||
| Q3 24 | $90.7M | $210.3M | ||
| Q2 24 | $85.0M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $40.3M | $4.6M | ||
| Q3 25 | $41.7M | $8.6M | ||
| Q2 25 | $36.0M | $-73.6M | ||
| Q1 25 | $32.6M | $-1.4M | ||
| Q4 24 | $34.5M | $-500.0K | ||
| Q3 24 | $32.5M | $10.7M | ||
| Q2 24 | $29.3M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 32.1% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 48.3% | 3.5% | ||
| Q3 25 | 50.4% | 7.3% | ||
| Q2 25 | 46.8% | -33.3% | ||
| Q1 25 | 44.9% | -0.2% | ||
| Q4 24 | 46.8% | -6.6% | ||
| Q3 24 | 45.0% | 6.9% | ||
| Q2 24 | 43.3% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 38.8% | 2.3% | ||
| Q3 25 | 40.6% | 4.0% | ||
| Q2 25 | 37.6% | -36.3% | ||
| Q1 25 | 36.4% | -0.7% | ||
| Q4 24 | 37.3% | -0.3% | ||
| Q3 24 | 35.8% | 5.1% | ||
| Q2 24 | 34.5% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $2.63 | $0.20 | ||
| Q3 25 | $2.73 | $0.48 | ||
| Q2 25 | $2.34 | $-4.00 | ||
| Q1 25 | $2.08 | $-0.08 | ||
| Q4 24 | $2.21 | $-0.04 | ||
| Q3 24 | $2.10 | $0.58 | ||
| Q2 24 | $1.92 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $195.8M |
| Total DebtLower is stronger | $134.9M | — |
| Stockholders' EquityBook value | $1.3B | $1.2B |
| Total Assets | $9.2B | $1.4B |
| Debt / EquityLower = less leverage | 0.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | — | $197.0M | ||
| Q3 25 | — | $167.8M | ||
| Q2 25 | — | $157.2M | ||
| Q1 25 | — | $175.6M | ||
| Q4 24 | — | $159.8M | ||
| Q3 24 | — | $146.4M | ||
| Q2 24 | — | $119.9M |
| Q1 26 | — | — | ||
| Q4 25 | $134.9M | — | ||
| Q3 25 | $134.6M | — | ||
| Q2 25 | $134.3M | — | ||
| Q1 25 | $156.6M | — | ||
| Q4 24 | $161.4M | — | ||
| Q3 24 | $161.2M | — | ||
| Q2 24 | $162.4M | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $9.2B | $1.4B | ||
| Q3 25 | $9.0B | $1.4B | ||
| Q2 25 | $8.9B | $1.5B | ||
| Q1 25 | $9.0B | $1.5B | ||
| Q4 24 | $8.8B | $1.5B | ||
| Q3 24 | $8.6B | $1.5B | ||
| Q2 24 | $8.6B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.11× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.15× | — |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $149.4M | $1.1M |
| FCF MarginFCF / Revenue | 143.7% | 0.5% |
| Capex IntensityCapex / Revenue | 3.9% | 2.3% |
| Cash ConversionOCF / Net Profit | 3.81× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $275.0M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $153.5M | $46.9M | ||
| Q3 25 | $45.9M | $28.9M | ||
| Q2 25 | $38.9M | $13.7M | ||
| Q1 25 | $41.8M | $11.7M | ||
| Q4 24 | $133.7M | $33.7M | ||
| Q3 24 | $39.6M | $42.4M | ||
| Q2 24 | $37.3M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $149.4M | $42.2M | ||
| Q3 25 | $45.9M | $21.2M | ||
| Q2 25 | $38.4M | $5.6M | ||
| Q1 25 | $41.3M | $2.1M | ||
| Q4 24 | $116.8M | $18.3M | ||
| Q3 24 | $34.7M | $25.2M | ||
| Q2 24 | $34.4M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 143.7% | 20.9% | ||
| Q3 25 | 44.6% | 9.8% | ||
| Q2 25 | 40.1% | 2.8% | ||
| Q1 25 | 46.2% | 1.1% | ||
| Q4 24 | 126.4% | 9.5% | ||
| Q3 24 | 38.3% | 12.0% | ||
| Q2 24 | 40.5% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 3.9% | 2.3% | ||
| Q3 25 | 0.0% | 3.6% | ||
| Q2 25 | 0.6% | 4.0% | ||
| Q1 25 | 0.5% | 5.0% | ||
| Q4 24 | 18.3% | 8.0% | ||
| Q3 24 | 5.4% | 8.2% | ||
| Q2 24 | 3.5% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 3.81× | 10.20× | ||
| Q3 25 | 1.10× | 3.36× | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.88× | — | ||
| Q3 24 | 1.22× | 3.96× | ||
| Q2 24 | 1.28× | 2.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
