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Side-by-side financial comparison of GrabAGun Digital Holdings Inc. (PEW) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $22.3M, roughly 1.6× GrabAGun Digital Holdings Inc.). UNITY BANCORP INC runs the higher net margin — 43.9% vs -17.2%, a 61.1% gap on every dollar of revenue. UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $-3.1M).

GrabAGun Digital Holdings Inc operates a leading U.S. e-commerce platform selling legal firearms, ammunition, shooting accessories, and outdoor gear. It serves individual customers, licensed firearms dealers, and law enforcement across the U.S., complying with all local, state, and federal firearm sales regulations.

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.

PEW vs UNTY — Head-to-Head

Bigger by revenue
UNTY
UNTY
1.6× larger
UNTY
$35.3M
$22.3M
PEW
Higher net margin
UNTY
UNTY
61.1% more per $
UNTY
43.9%
-17.2%
PEW
More free cash flow
UNTY
UNTY
$47.4M more FCF
UNTY
$44.3M
$-3.1M
PEW

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PEW
PEW
UNTY
UNTY
Revenue
$22.3M
$35.3M
Net Profit
$-3.8M
$15.5M
Gross Margin
9.6%
Operating Margin
-21.4%
55.8%
Net Margin
-17.2%
43.9%
Revenue YoY
24.2%
Net Profit YoY
34.5%
EPS (diluted)
$-0.14
$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
PEW
PEW
UNTY
UNTY
Q4 25
$35.3M
Q3 25
$22.3M
$32.8M
Q2 25
$34.4M
Q1 25
$29.4M
Q4 24
$28.4M
Q3 24
$27.7M
Q2 24
$25.5M
Q1 24
$25.6M
Net Profit
PEW
PEW
UNTY
UNTY
Q4 25
$15.5M
Q3 25
$-3.8M
$14.4M
Q2 25
$16.5M
Q1 25
$11.6M
Q4 24
$11.5M
Q3 24
$10.9M
Q2 24
$9.5M
Q1 24
$9.6M
Gross Margin
PEW
PEW
UNTY
UNTY
Q4 25
Q3 25
9.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
PEW
PEW
UNTY
UNTY
Q4 25
55.8%
Q3 25
-21.4%
57.5%
Q2 25
62.6%
Q1 25
52.6%
Q4 24
51.0%
Q3 24
52.7%
Q2 24
49.3%
Q1 24
50.0%
Net Margin
PEW
PEW
UNTY
UNTY
Q4 25
43.9%
Q3 25
-17.2%
43.8%
Q2 25
48.0%
Q1 25
39.5%
Q4 24
40.5%
Q3 24
39.4%
Q2 24
37.1%
Q1 24
37.5%
EPS (diluted)
PEW
PEW
UNTY
UNTY
Q4 25
$1.52
Q3 25
$-0.14
$1.41
Q2 25
$1.61
Q1 25
$1.13
Q4 24
$1.13
Q3 24
$1.07
Q2 24
$0.92
Q1 24
$0.94

Balance Sheet & Financial Strength

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

Metric
PEW
PEW
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$109.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$106.6M
$345.6M
Total Assets
$119.8M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEW
PEW
UNTY
UNTY
Q4 25
Q3 25
$109.5M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
PEW
PEW
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PEW
PEW
UNTY
UNTY
Q4 25
$345.6M
Q3 25
$106.6M
$334.0M
Q2 25
$319.8M
Q1 25
$306.1M
Q4 24
$295.6M
Q3 24
$284.3M
Q2 24
$273.4M
Q1 24
$266.8M
Total Assets
PEW
PEW
UNTY
UNTY
Q4 25
$3.0B
Q3 25
$119.8M
$2.9B
Q2 25
$2.9B
Q1 25
$2.8B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
$2.6B
Debt / Equity
PEW
PEW
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
PEW
PEW
UNTY
UNTY
Operating Cash FlowLast quarter
$-3.1M
$44.9M
Free Cash FlowOCF − Capex
$-3.1M
$44.3M
FCF MarginFCF / Revenue
-13.9%
125.7%
Capex IntensityCapex / Revenue
0.2%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEW
PEW
UNTY
UNTY
Q4 25
$44.9M
Q3 25
$-3.1M
$45.5M
Q2 25
$-25.3M
Q1 25
$17.9M
Q4 24
$48.0M
Q3 24
$17.7M
Q2 24
$-8.4M
Q1 24
$15.8M
Free Cash Flow
PEW
PEW
UNTY
UNTY
Q4 25
$44.3M
Q3 25
$-3.1M
$45.3M
Q2 25
$-25.5M
Q1 25
$17.6M
Q4 24
$47.3M
Q3 24
$17.5M
Q2 24
$-8.6M
Q1 24
$15.7M
FCF Margin
PEW
PEW
UNTY
UNTY
Q4 25
125.7%
Q3 25
-13.9%
138.1%
Q2 25
-74.2%
Q1 25
59.9%
Q4 24
166.5%
Q3 24
63.3%
Q2 24
-33.7%
Q1 24
61.4%
Capex Intensity
PEW
PEW
UNTY
UNTY
Q4 25
1.6%
Q3 25
0.2%
0.7%
Q2 25
0.5%
Q1 25
1.0%
Q4 24
2.4%
Q3 24
0.5%
Q2 24
0.5%
Q1 24
0.3%
Cash Conversion
PEW
PEW
UNTY
UNTY
Q4 25
2.90×
Q3 25
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
-0.89×
Q1 24
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PEW
PEW

Firearm Sales$18.1M81%
Non-Firearm Sales$4.2M19%

UNTY
UNTY

Segment breakdown not available.

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