vs
Side-by-side financial comparison of Orange County Bancorp, Inc. (OBT) and System1, Inc. (SST). Click either name above to swap in a different company.
System1, Inc. is the larger business by last-quarter revenue ($51.9M vs $33.0M, roughly 1.6× Orange County Bancorp, Inc.). Orange County Bancorp, Inc. runs the higher net margin — 37.6% vs -26.0%, a 63.6% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs -31.3%). Over the past eight quarters, Orange County Bancorp, Inc.'s revenue compounded faster (14.3% CAGR vs -21.8%).
Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.
System1 is an American Internet advertising company. Formerly known as OpenMail, it was founded in 2013. It describes itself as operating a "Responsive Acquisition Marketing Platform", and cites privacy as one of its principal foci, although it has been criticized for its influence on privacy-focused properties, including search engine Startpage.com. It is headquartered in Marina del Rey, California.
OBT vs SST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $33.0M | $51.9M |
| Net Profit | $12.4M | $-13.5M |
| Gross Margin | — | 41.0% |
| Operating Margin | 41.4% | -33.6% |
| Net Margin | 37.6% | -26.0% |
| Revenue YoY | 20.6% | -31.3% |
| Net Profit YoY | 73.5% | 4.8% |
| EPS (diluted) | $0.94 | $-3.58 |
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.
| Q4 25 | $33.0M | $51.9M | ||
| Q3 25 | $33.7M | $61.6M | ||
| Q2 25 | $32.5M | $78.1M | ||
| Q1 25 | $28.0M | $74.5M | ||
| Q4 24 | $27.4M | $75.6M | ||
| Q3 24 | $27.1M | $88.8M | ||
| Q2 24 | $27.9M | $94.6M | ||
| Q1 24 | $25.3M | $84.9M |
| Q4 25 | $12.4M | $-13.5M | ||
| Q3 25 | $10.0M | $-18.5M | ||
| Q2 25 | $10.5M | $-17.5M | ||
| Q1 25 | $8.7M | $-15.9M | ||
| Q4 24 | $7.2M | $-14.2M | ||
| Q3 24 | $3.2M | $-23.6M | ||
| Q2 24 | $8.2M | $-26.4M | ||
| Q1 24 | $9.3M | $-10.5M |
| Q4 25 | — | 41.0% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | — | 35.7% | ||
| Q1 25 | — | 38.2% | ||
| Q4 24 | — | 42.1% | ||
| Q3 24 | — | 28.0% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | 21.9% |
| Q4 25 | 41.4% | -33.6% | ||
| Q3 25 | 38.6% | -25.3% | ||
| Q2 25 | 41.9% | -20.4% | ||
| Q1 25 | 40.3% | -17.6% | ||
| Q4 24 | 32.8% | -15.7% | ||
| Q3 24 | 14.8% | -24.6% | ||
| Q2 24 | 36.6% | -30.8% | ||
| Q1 24 | 45.9% | -30.4% |
| Q4 25 | 37.6% | -26.0% | ||
| Q3 25 | 29.7% | -30.1% | ||
| Q2 25 | 32.2% | -22.4% | ||
| Q1 25 | 31.1% | -21.3% | ||
| Q4 24 | 26.2% | -18.7% | ||
| Q3 24 | 11.8% | -26.6% | ||
| Q2 24 | 29.4% | -27.9% | ||
| Q1 24 | 36.7% | -12.4% |
| Q4 25 | $0.94 | $-3.58 | ||
| Q3 25 | $0.75 | $-2.30 | ||
| Q2 25 | $0.87 | $-2.23 | ||
| Q1 25 | $0.77 | $-0.21 | ||
| Q4 24 | $0.64 | $-3.41 | ||
| Q3 24 | $0.28 | $-3.37 | ||
| Q2 24 | $0.73 | $-3.80 | ||
| Q1 24 | $0.82 | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $86.9M |
| Total DebtLower is stronger | — | $305.1M |
| Stockholders' EquityBook value | $284.4M | $30.5M |
| Total Assets | $2.7B | $405.0M |
| Debt / EquityLower = less leverage | — | 10.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $86.9M | ||
| Q3 25 | — | $54.6M | ||
| Q2 25 | — | $63.6M | ||
| Q1 25 | — | $43.9M | ||
| Q4 24 | — | $63.6M | ||
| Q3 24 | — | $69.1M | ||
| Q2 24 | — | $75.7M | ||
| Q1 24 | — | $69.9M |
| Q4 25 | — | $305.1M | ||
| Q3 25 | — | $259.2M | ||
| Q2 25 | — | $263.3M | ||
| Q1 25 | — | $267.4M | ||
| Q4 24 | — | $255.1M | ||
| Q3 24 | — | $259.2M | ||
| Q2 24 | — | $263.3M | ||
| Q1 24 | — | $268.6M |
| Q4 25 | $284.4M | $30.5M | ||
| Q3 25 | $270.1M | $42.7M | ||
| Q2 25 | $252.6M | $58.2M | ||
| Q1 25 | $201.3M | $67.2M | ||
| Q4 24 | $185.5M | $80.3M | ||
| Q3 24 | $193.1M | $90.3M | ||
| Q2 24 | $177.5M | $109.4M | ||
| Q1 24 | $168.7M | $131.7M |
| Q4 25 | $2.7B | $405.0M | ||
| Q3 25 | $2.6B | $385.2M | ||
| Q2 25 | $2.6B | $429.2M | ||
| Q1 25 | $2.6B | $419.2M | ||
| Q4 24 | $2.5B | $459.1M | ||
| Q3 24 | $2.5B | $479.3M | ||
| Q2 24 | $2.5B | $511.3M | ||
| Q1 24 | $2.5B | $521.1M |
| Q4 25 | — | 10.01× | ||
| Q3 25 | — | 6.07× | ||
| Q2 25 | — | 4.53× | ||
| Q1 25 | — | 3.98× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | — | 2.87× | ||
| Q2 24 | — | 2.41× | ||
| Q1 24 | — | 2.04× |
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 | $43.8M | $-10.6M |
| Free Cash FlowOCF − Capex | $41.3M | — |
| FCF MarginFCF / Revenue | 125.1% | — |
| Capex IntensityCapex / Revenue | 7.6% | 0.0% |
| Cash ConversionOCF / Net Profit | 3.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | $69.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $43.8M | $-10.6M | ||
| Q3 25 | $30.2M | $-2.1M | ||
| Q2 25 | $-5.0M | $24.5M | ||
| Q1 25 | $4.8M | $-15.9M | ||
| Q4 24 | $34.6M | $772.0K | ||
| Q3 24 | $10.2M | $-5.0K | ||
| Q2 24 | $9.3M | $10.0M | ||
| Q1 24 | $2.3M | $-16.0M |
| Q4 25 | $41.3M | — | ||
| Q3 25 | $29.6M | — | ||
| Q2 25 | $-5.7M | — | ||
| Q1 25 | $4.3M | $-16.0M | ||
| Q4 24 | $32.9M | — | ||
| Q3 24 | $10.0M | $-36.0K | ||
| Q2 24 | $9.2M | — | ||
| Q1 24 | $2.0M | — |
| Q4 25 | 125.1% | — | ||
| Q3 25 | 87.8% | — | ||
| Q2 25 | -17.5% | — | ||
| Q1 25 | 15.5% | -21.5% | ||
| Q4 24 | 120.0% | — | ||
| Q3 24 | 36.7% | -0.0% | ||
| Q2 24 | 32.8% | — | ||
| Q1 24 | 7.9% | — |
| Q4 25 | 7.6% | 0.0% | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 2.3% | 0.0% | ||
| Q1 25 | 1.8% | 0.1% | ||
| Q4 24 | 6.3% | 0.0% | ||
| Q3 24 | 1.1% | 0.0% | ||
| Q2 24 | 0.4% | 0.0% | ||
| Q1 24 | 1.0% | 0.0% |
| Q4 25 | 3.53× | — | ||
| Q3 25 | 3.01× | — | ||
| Q2 25 | -0.47× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 4.83× | — | ||
| Q3 24 | 3.19× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 0.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
