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Side-by-side financial comparison of Quanterix Corp (QTRX) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $43.9M, roughly 1.3× Quanterix Corp). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -52.7%, a 74.5% gap on every dollar of revenue. Over the past eight quarters, Quanterix Corp's revenue compounded faster (16.9% CAGR vs 9.5%).

Quanterix Corp is a life sciences firm that develops, manufactures, and commercializes ultra-sensitive single-molecule detection diagnostic platforms, reagents, and testing services. Its solutions empower biological research, drug development, and clinical diagnostics across oncology, neurodegenerative disorders, infectious diseases, and other therapeutic areas, serving research institutions, biopharmaceutical companies, and clinical laboratories globally.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

QTRX vs WASH — Head-to-Head

Bigger by revenue
WASH
WASH
1.3× larger
WASH
$57.8M
$43.9M
QTRX
Higher net margin
WASH
WASH
74.5% more per $
WASH
21.8%
-52.7%
QTRX
Faster 2-yr revenue CAGR
QTRX
QTRX
Annualised
QTRX
16.9%
9.5%
WASH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
QTRX
QTRX
WASH
WASH
Revenue
$43.9M
$57.8M
Net Profit
$-23.1M
$12.6M
Gross Margin
45.7%
Operating Margin
-56.4%
Net Margin
-52.7%
21.8%
Revenue YoY
24.7%
Net Profit YoY
-98.8%
3.5%
EPS (diluted)
$-0.48
$0.66

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
QTRX
QTRX
WASH
WASH
Q1 26
$57.8M
Q4 25
$43.9M
$59.3M
Q3 25
$40.2M
$56.5M
Q2 25
$24.5M
$54.3M
Q1 25
$30.3M
$59.1M
Q4 24
$35.2M
$12.4M
Q3 24
$35.8M
$48.5M
Q2 24
$34.4M
$48.2M
Net Profit
QTRX
QTRX
WASH
WASH
Q1 26
$12.6M
Q4 25
$-23.1M
$16.0M
Q3 25
$-33.5M
$10.8M
Q2 25
$-30.0M
$13.2M
Q1 25
$-20.5M
$12.2M
Q4 24
$-11.6M
$-60.8M
Q3 24
$-8.4M
$11.0M
Q2 24
$-7.4M
$10.8M
Gross Margin
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
45.7%
Q3 25
42.8%
Q2 25
46.2%
Q1 25
54.1%
Q4 24
63.0%
Q3 24
56.3%
Q2 24
64.7%
Operating Margin
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
-56.4%
34.9%
Q3 25
-92.8%
24.7%
Q2 25
-151.6%
31.6%
Q1 25
-86.9%
26.5%
Q4 24
-42.0%
-648.7%
Q3 24
-32.8%
28.5%
Q2 24
-31.8%
28.7%
Net Margin
QTRX
QTRX
WASH
WASH
Q1 26
21.8%
Q4 25
-52.7%
27.0%
Q3 25
-83.3%
19.2%
Q2 25
-122.6%
24.4%
Q1 25
-67.6%
20.6%
Q4 24
-33.1%
-491.4%
Q3 24
-23.3%
22.6%
Q2 24
-21.5%
22.4%
EPS (diluted)
QTRX
QTRX
WASH
WASH
Q1 26
$0.66
Q4 25
$-0.48
$0.84
Q3 25
$-0.73
$0.56
Q2 25
$-0.77
$0.68
Q1 25
$-0.53
$0.63
Q4 24
$-0.30
$-3.54
Q3 24
$-0.22
$0.64
Q2 24
$-0.19
$0.63

Balance Sheet & Financial Strength

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

Metric
QTRX
QTRX
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$29.8M
$12.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$295.7M
$546.8M
Total Assets
$418.8M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QTRX
QTRX
WASH
WASH
Q1 26
$12.3M
Q4 25
$29.8M
Q3 25
$38.3M
Q2 25
$132.9M
Q1 25
$76.5M
Q4 24
$56.7M
Q3 24
$29.3M
Q2 24
$47.0M
Stockholders' Equity
QTRX
QTRX
WASH
WASH
Q1 26
$546.8M
Q4 25
$295.7M
$543.6M
Q3 25
$314.5M
$533.0M
Q2 25
$292.5M
$527.5M
Q1 25
$316.4M
$521.7M
Q4 24
$330.0M
$499.7M
Q3 24
$338.9M
$502.2M
Q2 24
$340.8M
$471.0M
Total Assets
QTRX
QTRX
WASH
WASH
Q1 26
$6.5B
Q4 25
$418.8M
$6.6B
Q3 25
$444.1M
$6.7B
Q2 25
$375.6M
$6.7B
Q1 25
$396.5M
$6.6B
Q4 24
$406.5M
$6.9B
Q3 24
$411.0M
$7.1B
Q2 24
$415.9M
$7.2B

Cash Flow & Capital Efficiency

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

Metric
QTRX
QTRX
WASH
WASH
Operating Cash FlowLast quarter
$-16.4M
Free Cash FlowOCF − Capex
$-16.5M
FCF MarginFCF / Revenue
-37.7%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-80.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
$-16.4M
$80.3M
Q3 25
$-41.2M
$39.6M
Q2 25
$-5.7M
$11.3M
Q1 25
$-13.9M
$8.4M
Q4 24
$-4.3M
$57.7M
Q3 24
$-5.7M
$25.7M
Q2 24
$-5.0M
$11.2M
Free Cash Flow
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
$-16.5M
$78.3M
Q3 25
$-41.9M
$39.3M
Q2 25
$-6.4M
$10.9M
Q1 25
$-15.1M
$8.4M
Q4 24
$-4.7M
$53.7M
Q3 24
$-6.6M
$24.4M
Q2 24
$-6.5M
$9.6M
FCF Margin
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
-37.7%
132.2%
Q3 25
-104.2%
69.6%
Q2 25
-26.3%
20.2%
Q1 25
-49.9%
14.2%
Q4 24
-13.4%
433.8%
Q3 24
-18.4%
50.4%
Q2 24
-19.1%
19.8%
Capex Intensity
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
0.2%
3.4%
Q3 25
1.7%
0.6%
Q2 25
3.2%
0.7%
Q1 25
4.1%
0.1%
Q4 24
1.2%
32.3%
Q3 24
2.4%
2.6%
Q2 24
4.7%
3.4%
Cash Conversion
QTRX
QTRX
WASH
WASH
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
0.86×
Q1 25
0.69×
Q4 24
Q3 24
2.34×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QTRX
QTRX

Products$29.2M67%
Consumable And Other Products$12.7M29%
Service Type Warranties$1.7M4%

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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