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Side-by-side financial comparison of Rhinebeck Bancorp, Inc. (RBKB) and Red Cat Holdings, Inc. (RCAT). Click either name above to swap in a different company.

Rhinebeck Bancorp, Inc. is the larger business by last-quarter revenue ($13.5M vs $9.6M, roughly 1.4× Red Cat Holdings, Inc.). Rhinebeck Bancorp, Inc. runs the higher net margin — 17.3% vs -166.0%, a 183.3% gap on every dollar of revenue. On growth, Rhinebeck Bancorp, Inc. posted the faster year-over-year revenue change (1701.1% vs 988.2%). Rhinebeck Bancorp, Inc. produced more free cash flow last quarter ($10.9M vs $-24.5M).

Rhinebeck Bancorp, Inc. is a US regional bank holding company based in New York. It operates Rhinebeck Bank, offering retail and commercial banking services including deposit accounts, loans, mortgages and wealth management, mainly serving consumers and small-to-medium businesses across New York's Hudson Valley region.

Mega Cat Studios is an American video game development and publishing company located in Pittsburgh, Pennsylvania. It was founded in 2015 by James Deighan, Nick Mann, and Zack Manko.

RBKB vs RCAT — Head-to-Head

Bigger by revenue
RBKB
RBKB
1.4× larger
RBKB
$13.5M
$9.6M
RCAT
Growing faster (revenue YoY)
RBKB
RBKB
+712.8% gap
RBKB
1701.1%
988.2%
RCAT
Higher net margin
RBKB
RBKB
183.3% more per $
RBKB
17.3%
-166.0%
RCAT
More free cash flow
RBKB
RBKB
$35.4M more FCF
RBKB
$10.9M
$-24.5M
RCAT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
RBKB
RBKB
RCAT
RCAT
Revenue
$13.5M
$9.6M
Net Profit
$2.3M
$-16.0M
Gross Margin
6.6%
Operating Margin
21.7%
-181.7%
Net Margin
17.3%
-166.0%
Revenue YoY
1701.1%
988.2%
Net Profit YoY
188.0%
-29.0%
EPS (diluted)
$0.21
$-0.16

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
RBKB
RBKB
RCAT
RCAT
Q4 25
$13.5M
Q3 25
$14.0M
$9.6M
Q2 25
$13.1M
Q1 25
$12.8M
$1.6M
Q4 24
$750.0K
$0
Q3 24
$773.0K
Q2 24
$10.7M
Q1 24
$10.4M
$5.8M
Net Profit
RBKB
RBKB
RCAT
RCAT
Q4 25
$2.3M
Q3 25
$2.7M
$-16.0M
Q2 25
$2.7M
Q1 25
$2.3M
$-23.1M
Q4 24
$-2.7M
$-13.3M
Q3 24
$-8.1M
Q2 24
$975.0K
Q1 24
$1.1M
$-5.5M
Gross Margin
RBKB
RBKB
RCAT
RCAT
Q4 25
Q3 25
6.6%
Q2 25
Q1 25
-52.2%
Q4 24
Q3 24
Q2 24
Q1 24
18.8%
Operating Margin
RBKB
RBKB
RCAT
RCAT
Q4 25
21.7%
Q3 25
23.9%
-181.7%
Q2 25
26.6%
Q1 25
22.9%
-765.7%
Q4 24
-444.9%
Q3 24
-1332.3%
Q2 24
11.8%
Q1 24
13.9%
-76.0%
Net Margin
RBKB
RBKB
RCAT
RCAT
Q4 25
17.3%
Q3 25
19.3%
-166.0%
Q2 25
20.8%
Q1 25
17.9%
-1418.9%
Q4 24
-353.9%
Q3 24
-1042.9%
Q2 24
9.2%
Q1 24
10.8%
-93.9%
EPS (diluted)
RBKB
RBKB
RCAT
RCAT
Q4 25
$0.21
Q3 25
$0.25
$-0.16
Q2 25
$0.25
Q1 25
$0.21
$-0.27
Q4 24
$-0.24
Q3 24
$-0.75
Q2 24
$0.09
Q1 24
$0.10

Balance Sheet & Financial Strength

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

Metric
RBKB
RBKB
RCAT
RCAT
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$136.9M
$253.3M
Total Assets
$1.3B
$286.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
RBKB
RBKB
RCAT
RCAT
Q4 25
$136.9M
Q3 25
$133.0M
$253.3M
Q2 25
$129.0M
Q1 25
$126.0M
$28.9M
Q4 24
$121.8M
$27.0M
Q3 24
$122.7M
Q2 24
$116.2M
Q1 24
$114.3M
$49.6M
Total Assets
RBKB
RBKB
RCAT
RCAT
Q4 25
$1.3B
Q3 25
$1.3B
$286.0M
Q2 25
$1.3B
Q1 25
$1.3B
$59.7M
Q4 24
$1.3B
$51.1M
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
$55.3M

Cash Flow & Capital Efficiency

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

Metric
RBKB
RBKB
RCAT
RCAT
Operating Cash FlowLast quarter
$11.7M
$-23.9M
Free Cash FlowOCF − Capex
$10.9M
$-24.5M
FCF MarginFCF / Revenue
80.6%
-254.2%
Capex IntensityCapex / Revenue
6.3%
6.9%
Cash ConversionOCF / Net Profit
5.03×
TTM Free Cash FlowTrailing 4 quarters
$19.4M
$-55.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RBKB
RBKB
RCAT
RCAT
Q4 25
$11.7M
Q3 25
$2.2M
$-23.9M
Q2 25
$2.4M
Q1 25
$4.3M
$-15.9M
Q4 24
$8.5M
$-10.1M
Q3 24
$-3.6M
Q2 24
$12.0M
Q1 24
$-3.5M
$-4.1M
Free Cash Flow
RBKB
RBKB
RCAT
RCAT
Q4 25
$10.9M
Q3 25
$2.0M
$-24.5M
Q2 25
$2.2M
Q1 25
$4.2M
$-16.2M
Q4 24
$7.7M
$-10.2M
Q3 24
$-3.6M
Q2 24
$11.8M
Q1 24
$-3.7M
$-4.2M
FCF Margin
RBKB
RBKB
RCAT
RCAT
Q4 25
80.6%
Q3 25
14.5%
-254.2%
Q2 25
17.2%
Q1 25
32.8%
-992.9%
Q4 24
1023.9%
Q3 24
-469.0%
Q2 24
111.1%
Q1 24
-36.0%
-71.1%
Capex Intensity
RBKB
RBKB
RCAT
RCAT
Q4 25
6.3%
Q3 25
1.4%
6.9%
Q2 25
1.4%
Q1 25
0.9%
16.8%
Q4 24
105.5%
Q3 24
6.3%
Q2 24
1.2%
Q1 24
2.3%
0.8%
Cash Conversion
RBKB
RBKB
RCAT
RCAT
Q4 25
5.03×
Q3 25
0.83×
Q2 25
0.89×
Q1 25
1.89×
Q4 24
Q3 24
Q2 24
12.27×
Q1 24
-3.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RBKB
RBKB

Segment breakdown not available.

RCAT
RCAT

Products$8.5M88%
Services$1.2M12%

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