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Side-by-side financial comparison of ATRenew Inc. (RERE) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $26.9M, roughly 1.6× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 16.9%, a 22.3% gap on every dollar of revenue.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

RERE vs WTBA — Head-to-Head

Bigger by revenue
RERE
RERE
1.6× larger
RERE
$43.2M
$26.9M
WTBA
Higher net margin
WTBA
WTBA
22.3% more per $
WTBA
39.2%
16.9%
RERE

Income Statement — Q1 FY2023 vs Q1 FY2026

Metric
RERE
RERE
WTBA
WTBA
Revenue
$43.2M
$26.9M
Net Profit
$7.3M
$10.6M
Gross Margin
Operating Margin
50.0%
Net Margin
16.9%
39.2%
Revenue YoY
16.6%
Net Profit YoY
34.8%
EPS (diluted)
$0.61

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
RERE
RERE
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$24.2M
Q3 25
$25.0M
Q2 25
$23.8M
Q1 25
$23.1M
Q4 24
$20.9M
Q3 24
$20.3M
Q2 24
$19.6M
Net Profit
RERE
RERE
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$7.4M
Q3 25
$9.3M
Q2 25
$8.0M
Q1 25
$7.8M
Q4 24
$7.1M
Q3 24
$6.0M
Q2 24
$5.2M
Operating Margin
RERE
RERE
WTBA
WTBA
Q1 26
50.0%
Q4 25
39.6%
Q3 25
45.8%
Q2 25
43.4%
Q1 25
43.4%
Q4 24
30.9%
Q3 24
36.6%
Q2 24
32.6%
Net Margin
RERE
RERE
WTBA
WTBA
Q1 26
39.2%
Q4 25
30.7%
Q3 25
37.3%
Q2 25
33.5%
Q1 25
34.0%
Q4 24
34.0%
Q3 24
29.3%
Q2 24
26.5%
EPS (diluted)
RERE
RERE
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.44
Q3 25
$0.55
Q2 25
$0.47
Q1 25
$0.46
Q4 24
$0.41
Q3 24
$0.35
Q2 24
$0.31

Balance Sheet & Financial Strength

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

Metric
RERE
RERE
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$228.0M
$362.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$557.1M
$270.7M
Total Assets
$722.9M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RERE
RERE
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$471.1M
Q3 25
$232.9M
Q2 25
$345.2M
Q1 25
Q4 24
$243.5M
Q3 24
Q2 24
Stockholders' Equity
RERE
RERE
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$266.0M
Q3 25
$255.1M
Q2 25
$240.9M
Q1 25
$237.9M
Q4 24
$227.9M
Q3 24
$235.4M
Q2 24
$223.9M
Total Assets
RERE
RERE
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$4.1B
Q3 25
$4.0B
Q2 25
$4.1B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$4.0B

Cash Flow & Capital Efficiency

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

Metric
RERE
RERE
WTBA
WTBA
Operating Cash FlowLast quarter
$12.9M
Free Cash FlowOCF − Capex
$12.4M
FCF MarginFCF / Revenue
46.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RERE
RERE
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$46.5M
Q3 25
$11.4M
Q2 25
$13.5M
Q1 25
$9.7M
Q4 24
$39.8M
Q3 24
$12.9M
Q2 24
$10.0M
Free Cash Flow
RERE
RERE
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$43.2M
Q3 25
$10.8M
Q2 25
$12.8M
Q1 25
$8.3M
Q4 24
$13.7M
Q3 24
$7.0M
Q2 24
$2.7M
FCF Margin
RERE
RERE
WTBA
WTBA
Q1 26
46.0%
Q4 25
178.3%
Q3 25
43.0%
Q2 25
53.6%
Q1 25
35.7%
Q4 24
65.6%
Q3 24
34.2%
Q2 24
14.0%
Capex Intensity
RERE
RERE
WTBA
WTBA
Q1 26
1.8%
Q4 25
13.7%
Q3 25
2.6%
Q2 25
3.2%
Q1 25
6.5%
Q4 24
125.3%
Q3 24
29.4%
Q2 24
37.1%
Cash Conversion
RERE
RERE
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
1.70×
Q1 25
1.24×
Q4 24
5.61×
Q3 24
2.17×
Q2 24
1.93×

Financial Flow Comparison

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

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