vs
Side-by-side financial comparison of OP Bancorp (OPBK) and Owlet, Inc. (OWLT). Click either name above to swap in a different company.
Owlet, Inc. is the larger business by last-quarter revenue ($26.6M vs $24.3M, roughly 1.1× OP Bancorp). On growth, Owlet, Inc. posted the faster year-over-year revenue change (29.6% vs 13.7%). OP Bancorp produced more free cash flow last quarter ($23.4M vs $-651.0K). Over the past eight quarters, Owlet, Inc.'s revenue compounded faster (34.2% CAGR vs 11.4%).
OP Bancorp is the bank holding company for Open Bank, a community-oriented commercial bank headquartered in California, United States. It provides a full range of banking solutions including deposit accounts, commercial real estate loans, small business financing, and consumer lending products, primarily catering to small and medium-sized enterprises, local immigrant communities, and retail clients across Southern California.
Owlet, Inc. is a pediatric health technology firm that develops smart wearable monitoring products for infants, most notably its signature smart sock that tracks real-time heart rate, oxygen levels, and sleep metrics. It serves global consumer markets across North America, Europe, and Asia-Pacific, distributing products via direct-to-consumer e-commerce and partnered retail outlets, focused on supporting parental peace of mind and infant health safety.
OPBK vs OWLT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $24.3M | $26.6M |
| Net Profit | — | $-9.2M |
| Gross Margin | — | 47.6% |
| Operating Margin | 39.2% | -18.4% |
| Net Margin | — | -34.6% |
| Revenue YoY | 13.7% | 29.6% |
| Net Profit YoY | — | -1.5% |
| EPS (diluted) | $0.48 | — |
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 | $24.3M | $26.6M | ||
| Q3 25 | $24.5M | $32.0M | ||
| Q2 25 | $23.7M | $26.1M | ||
| Q1 25 | $22.2M | $21.1M | ||
| Q4 24 | $21.3M | $20.5M | ||
| Q3 24 | $20.7M | $22.1M | ||
| Q2 24 | $20.4M | $20.7M | ||
| Q1 24 | $19.6M | $14.8M |
| Q4 25 | — | $-9.2M | ||
| Q3 25 | $6.7M | $4.1M | ||
| Q2 25 | $6.3M | $-37.6M | ||
| Q1 25 | $5.6M | $3.0M | ||
| Q4 24 | — | $-9.1M | ||
| Q3 24 | $5.4M | $-5.6M | ||
| Q2 24 | $5.4M | $-1.1M | ||
| Q1 24 | $5.2M | $3.3M |
| Q4 25 | — | 47.6% | ||
| Q3 25 | — | 50.6% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 49.5% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | 39.2% | -18.4% | ||
| Q3 25 | 39.5% | 3.8% | ||
| Q2 25 | 35.7% | -7.4% | ||
| Q1 25 | 34.6% | -12.7% | ||
| Q4 24 | 31.2% | -36.2% | ||
| Q3 24 | 36.5% | -21.8% | ||
| Q2 24 | 37.2% | -10.8% | ||
| Q1 24 | 37.1% | -39.0% |
| Q4 25 | — | -34.6% | ||
| Q3 25 | 27.4% | 12.9% | ||
| Q2 25 | 26.7% | -144.4% | ||
| Q1 25 | 25.0% | 14.3% | ||
| Q4 24 | — | -44.2% | ||
| Q3 24 | 26.2% | -25.4% | ||
| Q2 24 | 26.7% | -5.5% | ||
| Q1 24 | 26.7% | 22.2% |
| Q4 25 | $0.48 | — | ||
| Q3 25 | $0.45 | $-0.06 | ||
| Q2 25 | $0.42 | $-2.37 | ||
| Q1 25 | $0.37 | $0.11 | ||
| Q4 24 | $0.33 | $-0.15 | ||
| Q3 24 | $0.36 | $-0.61 | ||
| Q2 24 | $0.36 | $-0.30 | ||
| Q1 24 | $0.34 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.3M | $35.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $227.9M | $19.0M |
| Total Assets | $2.7B | $85.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | $35.5M | ||
| Q3 25 | $166.7M | $23.8M | ||
| Q2 25 | $205.4M | $21.8M | ||
| Q1 25 | $198.9M | $16.3M | ||
| Q4 24 | $134.9M | $20.2M | ||
| Q3 24 | $166.8M | $21.6M | ||
| Q2 24 | $127.7M | $15.4M | ||
| Q1 24 | $139.2M | $18.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | $4.0M |
| Q4 25 | $227.9M | $19.0M | ||
| Q3 25 | $221.5M | $-54.1M | ||
| Q2 25 | $213.7M | $-59.2M | ||
| Q1 25 | $210.1M | $-25.8M | ||
| Q4 24 | $205.0M | $-29.8M | ||
| Q3 24 | $203.6M | $-21.5M | ||
| Q2 24 | $195.9M | $-33.4M | ||
| Q1 24 | $194.7M | $-32.9M |
| Q4 25 | $2.7B | $85.6M | ||
| Q3 25 | $2.6B | $74.9M | ||
| Q2 25 | $2.6B | $63.5M | ||
| Q1 25 | $2.5B | $51.4M | ||
| Q4 24 | $2.4B | $49.5M | ||
| Q3 24 | $2.4B | $56.1M | ||
| Q2 24 | $2.3B | $45.9M | ||
| Q1 24 | $2.2B | $43.8M |
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 | $26.2M | $-452.0K |
| Free Cash FlowOCF − Capex | $23.4M | $-651.0K |
| FCF MarginFCF / Revenue | 96.2% | -2.5% |
| Capex IntensityCapex / Revenue | 11.5% | 0.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $43.3M | $-11.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.2M | $-452.0K | ||
| Q3 25 | $23.9M | $-2.2M | ||
| Q2 25 | $-7.0M | $-2.2M | ||
| Q1 25 | $5.6M | $-5.9M | ||
| Q4 24 | $31.2M | $3.0M | ||
| Q3 24 | $13.3M | $-7.5M | ||
| Q2 24 | $15.8M | $-3.4M | ||
| Q1 24 | $-3.2M | $-3.4M |
| Q4 25 | $23.4M | $-651.0K | ||
| Q3 25 | $23.4M | $-2.2M | ||
| Q2 25 | $-7.7M | $-2.3M | ||
| Q1 25 | $4.2M | $-5.9M | ||
| Q4 24 | $29.7M | $3.0M | ||
| Q3 24 | $12.8M | $-7.5M | ||
| Q2 24 | $15.7M | $-3.4M | ||
| Q1 24 | $-3.2M | — |
| Q4 25 | 96.2% | -2.5% | ||
| Q3 25 | 95.6% | -6.8% | ||
| Q2 25 | -32.5% | -8.8% | ||
| Q1 25 | 19.0% | -28.1% | ||
| Q4 24 | 139.0% | 14.5% | ||
| Q3 24 | 61.5% | -33.9% | ||
| Q2 24 | 77.0% | -16.3% | ||
| Q1 24 | -16.6% | — |
| Q4 25 | 11.5% | 0.7% | ||
| Q3 25 | 2.3% | 0.0% | ||
| Q2 25 | 3.0% | 0.2% | ||
| Q1 25 | 6.4% | 0.0% | ||
| Q4 24 | 7.3% | 0.2% | ||
| Q3 24 | 2.8% | 0.0% | ||
| Q2 24 | 0.4% | 0.0% | ||
| Q1 24 | 0.5% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | 3.57× | -0.52× | ||
| Q2 25 | -1.10× | — | ||
| Q1 25 | 1.02× | -1.96× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 2.90× | — | ||
| Q1 24 | -0.60× | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OPBK
Segment breakdown not available.
OWLT
| US | $22.7M | 85% |
| Non Us | $3.2M | 12% |
| Other | $651.0K | 2% |
