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Side-by-side financial comparison of PETMED EXPRESS INC (PETS) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

PETMED EXPRESS INC is the larger business by last-quarter revenue ($40.7M vs $35.3M, roughly 1.2× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs -26.0%, a 69.8% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -23.3%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $-9.2M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -20.9%).

PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

PETS vs UNTY — Head-to-Head

Bigger by revenue
PETS
PETS
1.2× larger
PETS
$40.7M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+47.4% gap
UNTY
24.2%
-23.3%
PETS
Higher net margin
UNTY
UNTY
69.8% more per $
UNTY
43.9%
-26.0%
PETS
More free cash flow
UNTY
UNTY
$53.6M more FCF
UNTY
$44.3M
$-9.2M
PETS
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
-20.9%
PETS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PETS
PETS
UNTY
UNTY
Revenue
$40.7M
$35.3M
Net Profit
$-10.6M
$15.5M
Gross Margin
23.3%
Operating Margin
-25.7%
55.8%
Net Margin
-26.0%
43.9%
Revenue YoY
-23.3%
24.2%
Net Profit YoY
-1392.6%
34.5%
EPS (diluted)
$-0.50
$1.52

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.

Revenue
PETS
PETS
UNTY
UNTY
Q4 25
$40.7M
$35.3M
Q3 25
$44.4M
$32.8M
Q2 25
$51.2M
$34.4M
Q1 25
$50.8M
$29.4M
Q4 24
$52.0M
$28.4M
Q3 24
$58.0M
$27.7M
Q2 24
$66.2M
$25.5M
Q1 24
$65.1M
$25.6M
Net Profit
PETS
PETS
UNTY
UNTY
Q4 25
$-10.6M
$15.5M
Q3 25
$-8.5M
$14.4M
Q2 25
$-34.2M
$16.5M
Q1 25
$-11.6M
$11.6M
Q4 24
$-707.0K
$11.5M
Q3 24
$2.3M
$10.9M
Q2 24
$3.8M
$9.5M
Q1 24
$-5.0M
$9.6M
Gross Margin
PETS
PETS
UNTY
UNTY
Q4 25
23.3%
Q3 25
28.0%
Q2 25
28.1%
Q1 25
29.9%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
28.8%
Q1 24
29.3%
Operating Margin
PETS
PETS
UNTY
UNTY
Q4 25
-25.7%
55.8%
Q3 25
-18.9%
57.5%
Q2 25
-66.7%
62.6%
Q1 25
-11.9%
52.6%
Q4 24
-0.9%
51.0%
Q3 24
1.0%
52.7%
Q2 24
6.6%
49.3%
Q1 24
-5.9%
50.0%
Net Margin
PETS
PETS
UNTY
UNTY
Q4 25
-26.0%
43.9%
Q3 25
-19.2%
43.8%
Q2 25
-66.7%
48.0%
Q1 25
-22.9%
39.5%
Q4 24
-1.4%
40.5%
Q3 24
4.0%
39.4%
Q2 24
5.7%
37.1%
Q1 24
-7.7%
37.5%
EPS (diluted)
PETS
PETS
UNTY
UNTY
Q4 25
$-0.50
$1.52
Q3 25
$-0.41
$1.41
Q2 25
$-1.65
$1.61
Q1 25
$-0.56
$1.13
Q4 24
$-0.03
$1.13
Q3 24
$0.11
$1.07
Q2 24
$0.18
$0.92
Q1 24
$-0.24
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PETS
PETS
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$26.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$32.8M
$345.6M
Total Assets
$88.0M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PETS
PETS
UNTY
UNTY
Q4 25
$26.9M
Q3 25
$36.1M
Q2 25
$41.1M
Q1 25
$54.7M
Q4 24
$50.1M
Q3 24
$52.0M
Q2 24
$46.0M
Q1 24
$55.3M
Total Debt
PETS
PETS
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PETS
PETS
UNTY
UNTY
Q4 25
$32.8M
$345.6M
Q3 25
$43.1M
$334.0M
Q2 25
$51.5M
$319.8M
Q1 25
$85.1M
$306.1M
Q4 24
$96.2M
$295.6M
Q3 24
$96.4M
$284.3M
Q2 24
$93.5M
$273.4M
Q1 24
$96.7M
$266.8M
Total Assets
PETS
PETS
UNTY
UNTY
Q4 25
$88.0M
$3.0B
Q3 25
$100.3M
$2.9B
Q2 25
$109.8M
$2.9B
Q1 25
$148.7M
$2.8B
Q4 24
$144.8M
$2.7B
Q3 24
$146.0M
$2.6B
Q2 24
$152.7M
$2.6B
Q1 24
$169.9M
$2.6B
Debt / Equity
PETS
PETS
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PETS
PETS
UNTY
UNTY
Operating Cash FlowLast quarter
$-9.2M
$44.9M
Free Cash FlowOCF − Capex
$-9.2M
$44.3M
FCF MarginFCF / Revenue
-22.7%
125.7%
Capex IntensityCapex / Revenue
0.1%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$-23.0M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PETS
PETS
UNTY
UNTY
Q4 25
$-9.2M
$44.9M
Q3 25
$-2.2M
$45.5M
Q2 25
$-12.3M
$-25.3M
Q1 25
$7.0M
$17.9M
Q4 24
$-1.2M
$48.0M
Q3 24
$7.4M
$17.7M
Q2 24
$-8.5M
$-8.4M
Q1 24
$7.1M
$15.8M
Free Cash Flow
PETS
PETS
UNTY
UNTY
Q4 25
$-9.2M
$44.3M
Q3 25
$-4.8M
$45.3M
Q2 25
$-13.6M
$-25.5M
Q1 25
$4.6M
$17.6M
Q4 24
$-1.9M
$47.3M
Q3 24
$6.1M
$17.5M
Q2 24
$-9.2M
$-8.6M
Q1 24
$5.9M
$15.7M
FCF Margin
PETS
PETS
UNTY
UNTY
Q4 25
-22.7%
125.7%
Q3 25
-10.8%
138.1%
Q2 25
-26.5%
-74.2%
Q1 25
9.1%
59.9%
Q4 24
-3.7%
166.5%
Q3 24
10.6%
63.3%
Q2 24
-13.9%
-33.7%
Q1 24
9.0%
61.4%
Capex Intensity
PETS
PETS
UNTY
UNTY
Q4 25
0.1%
1.6%
Q3 25
5.9%
0.7%
Q2 25
2.5%
0.5%
Q1 25
4.7%
1.0%
Q4 24
1.5%
2.4%
Q3 24
2.2%
0.5%
Q2 24
1.0%
0.5%
Q1 24
1.9%
0.3%
Cash Conversion
PETS
PETS
UNTY
UNTY
Q4 25
2.90×
Q3 25
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
3.18×
1.62×
Q2 24
-2.27×
-0.89×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PETS
PETS

Reorder$34.0M84%
New Order$5.0M12%
Membership Fees$1.6M4%

UNTY
UNTY

Segment breakdown not available.

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