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Side-by-side financial comparison of Quest Resource Holding Corp (QRHC) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

Quest Resource Holding Corp is the larger business by last-quarter revenue ($58.9M vs $35.3M, roughly 1.7× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs -2.8%, a 46.7% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -15.8%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $1.0M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -10.0%).

Quest Resource Holding Corp provides end-to-end waste management, recycling, and sustainability solutions to commercial, industrial, and retail clients across North America. It helps businesses cut waste volumes, reduce operational costs, and fulfill corporate environmental targets via customized waste diversion and circular economy initiatives.

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.

QRHC vs UNTY — Head-to-Head

Bigger by revenue
QRHC
QRHC
1.7× larger
QRHC
$58.9M
$35.3M
UNTY
Growing faster (revenue YoY)
UNTY
UNTY
+40.0% gap
UNTY
24.2%
-15.8%
QRHC
Higher net margin
UNTY
UNTY
46.7% more per $
UNTY
43.9%
-2.8%
QRHC
More free cash flow
UNTY
UNTY
$43.3M more FCF
UNTY
$44.3M
$1.0M
QRHC
Faster 2-yr revenue CAGR
UNTY
UNTY
Annualised
UNTY
17.5%
-10.0%
QRHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
QRHC
QRHC
UNTY
UNTY
Revenue
$58.9M
$35.3M
Net Profit
$-1.7M
$15.5M
Gross Margin
15.5%
Operating Margin
0.9%
55.8%
Net Margin
-2.8%
43.9%
Revenue YoY
-15.8%
24.2%
Net Profit YoY
82.6%
34.5%
EPS (diluted)
$-0.08
$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
QRHC
QRHC
UNTY
UNTY
Q4 25
$58.9M
$35.3M
Q3 25
$63.3M
$32.8M
Q2 25
$59.5M
$34.4M
Q1 25
$68.4M
$29.4M
Q4 24
$70.0M
$28.4M
Q3 24
$72.8M
$27.7M
Q2 24
$73.1M
$25.5M
Q1 24
$72.7M
$25.6M
Net Profit
QRHC
QRHC
UNTY
UNTY
Q4 25
$-1.7M
$15.5M
Q3 25
$-1.3M
$14.4M
Q2 25
$-2.0M
$16.5M
Q1 25
$-10.4M
$11.6M
Q4 24
$-9.5M
$11.5M
Q3 24
$-3.4M
$10.9M
Q2 24
$-1.5M
$9.5M
Q1 24
$-655.0K
$9.6M
Gross Margin
QRHC
QRHC
UNTY
UNTY
Q4 25
15.5%
Q3 25
18.1%
Q2 25
18.5%
Q1 25
16.0%
Q4 24
15.3%
Q3 24
16.1%
Q2 24
18.5%
Q1 24
19.3%
Operating Margin
QRHC
QRHC
UNTY
UNTY
Q4 25
0.9%
55.8%
Q3 25
1.7%
57.5%
Q2 25
0.6%
62.6%
Q1 25
-11.9%
52.6%
Q4 24
-10.3%
51.0%
Q3 24
-1.3%
52.7%
Q2 24
2.4%
49.3%
Q1 24
2.6%
50.0%
Net Margin
QRHC
QRHC
UNTY
UNTY
Q4 25
-2.8%
43.9%
Q3 25
-2.1%
43.8%
Q2 25
-3.3%
48.0%
Q1 25
-15.2%
39.5%
Q4 24
-13.6%
40.5%
Q3 24
-4.7%
39.4%
Q2 24
-2.1%
37.1%
Q1 24
-0.9%
37.5%
EPS (diluted)
QRHC
QRHC
UNTY
UNTY
Q4 25
$-0.08
$1.52
Q3 25
$-0.06
$1.41
Q2 25
$-0.09
$1.61
Q1 25
$-0.50
$1.13
Q4 24
$-0.47
$1.13
Q3 24
$-0.16
$1.07
Q2 24
$-0.07
$0.92
Q1 24
$-0.03
$0.94

Balance Sheet & Financial Strength

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

Metric
QRHC
QRHC
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$40.5M
$345.6M
Total Assets
$145.6M
$3.0B
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QRHC
QRHC
UNTY
UNTY
Q4 25
$1.0M
Q3 25
$1.1M
Q2 25
$449.0K
Q1 25
$1.4M
Q4 24
$396.0K
Q3 24
$1.1M
Q2 24
$957.5K
Q1 24
$581.1K
Total Debt
QRHC
QRHC
UNTY
UNTY
Q4 25
$64.0M
Q3 25
$65.4M
Q2 25
$69.7M
Q1 25
$74.1M
Q4 24
$76.3M
$230.8M
Q3 24
$71.9M
Q2 24
$70.7M
Q1 24
$68.5M
Stockholders' Equity
QRHC
QRHC
UNTY
UNTY
Q4 25
$40.5M
$345.6M
Q3 25
$42.0M
$334.0M
Q2 25
$42.9M
$319.8M
Q1 25
$44.4M
$306.1M
Q4 24
$54.2M
$295.6M
Q3 24
$62.8M
$284.3M
Q2 24
$65.6M
$273.4M
Q1 24
$66.3M
$266.8M
Total Assets
QRHC
QRHC
UNTY
UNTY
Q4 25
$145.6M
$3.0B
Q3 25
$149.3M
$2.9B
Q2 25
$153.1M
$2.9B
Q1 25
$165.7M
$2.8B
Q4 24
$175.6M
$2.7B
Q3 24
$178.2M
$2.6B
Q2 24
$181.8M
$2.6B
Q1 24
$179.0M
$2.6B
Debt / Equity
QRHC
QRHC
UNTY
UNTY
Q4 25
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
1.41×
0.78×
Q3 24
1.15×
Q2 24
1.08×
Q1 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
QRHC
QRHC
UNTY
UNTY
Operating Cash FlowLast quarter
$1.1M
$44.9M
Free Cash FlowOCF − Capex
$1.0M
$44.3M
FCF MarginFCF / Revenue
1.7%
125.7%
Capex IntensityCapex / Revenue
0.1%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$9.3M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QRHC
QRHC
UNTY
UNTY
Q4 25
$1.1M
$44.9M
Q3 25
$5.7M
$45.5M
Q2 25
$3.9M
$-25.3M
Q1 25
$-1.1M
$17.9M
Q4 24
$-4.8M
$48.0M
Q3 24
$-475.0K
$17.7M
Q2 24
$808.0K
$-8.4M
Q1 24
$-1.7M
$15.8M
Free Cash Flow
QRHC
QRHC
UNTY
UNTY
Q4 25
$1.0M
$44.3M
Q3 25
$5.6M
$45.3M
Q2 25
$3.9M
$-25.5M
Q1 25
$-1.2M
$17.6M
Q4 24
$-5.2M
$47.3M
Q3 24
$-583.0K
$17.5M
Q2 24
$-1.4M
$-8.6M
Q1 24
$-3.6M
$15.7M
FCF Margin
QRHC
QRHC
UNTY
UNTY
Q4 25
1.7%
125.7%
Q3 25
8.9%
138.1%
Q2 25
6.5%
-74.2%
Q1 25
-1.8%
59.9%
Q4 24
-7.4%
166.5%
Q3 24
-0.8%
63.3%
Q2 24
-2.0%
-33.7%
Q1 24
-4.9%
61.4%
Capex Intensity
QRHC
QRHC
UNTY
UNTY
Q4 25
0.1%
1.6%
Q3 25
0.0%
0.7%
Q2 25
0.0%
0.5%
Q1 25
0.2%
1.0%
Q4 24
0.6%
2.4%
Q3 24
0.1%
0.5%
Q2 24
3.1%
0.5%
Q1 24
2.6%
0.3%
Cash Conversion
QRHC
QRHC
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

QRHC
QRHC

Services$55.8M95%
Product Sales And Other$3.1M5%

UNTY
UNTY

Segment breakdown not available.

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