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Side-by-side financial comparison of SYPRIS SOLUTIONS INC (SYPR) and VersaBank (VBNK). Click either name above to swap in a different company.

SYPRIS SOLUTIONS INC is the larger business by last-quarter revenue ($30.3M vs $26.7M, roughly 1.1× VersaBank). VersaBank runs the higher net margin — 30.3% vs -12.9%, a 43.2% gap on every dollar of revenue. On growth, VersaBank posted the faster year-over-year revenue change (31.2% vs -9.5%). Over the past eight quarters, VersaBank's revenue compounded faster (16.6% CAGR vs -7.7%).

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.

SYPR vs VBNK — Head-to-Head

Bigger by revenue
SYPR
SYPR
1.1× larger
SYPR
$30.3M
$26.7M
VBNK
Growing faster (revenue YoY)
VBNK
VBNK
+40.7% gap
VBNK
31.2%
-9.5%
SYPR
Higher net margin
VBNK
VBNK
43.2% more per $
VBNK
30.3%
-12.9%
SYPR
Faster 2-yr revenue CAGR
VBNK
VBNK
Annualised
VBNK
16.6%
-7.7%
SYPR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SYPR
SYPR
VBNK
VBNK
Revenue
$30.3M
$26.7M
Net Profit
$-3.9M
$8.1M
Gross Margin
4.6%
Operating Margin
-10.9%
Net Margin
-12.9%
30.3%
Revenue YoY
-9.5%
31.2%
Net Profit YoY
-2992.6%
35.9%
EPS (diluted)
$-0.17

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
SYPR
SYPR
VBNK
VBNK
Q1 26
$26.7M
Q4 25
$30.3M
Q3 25
$28.7M
$23.1M
Q2 25
$31.4M
$22.0M
Q1 25
$29.5M
$20.3M
Q4 24
$33.4M
Q3 24
$35.7M
$19.7M
Q2 24
$35.5M
$20.8M
Net Profit
SYPR
SYPR
VBNK
VBNK
Q1 26
$8.1M
Q4 25
$-3.9M
Q3 25
$517.0K
$4.8M
Q2 25
$-2.1M
$6.2M
Q1 25
$-899.0K
$5.9M
Q4 24
$135.0K
Q3 24
$390.0K
$7.1M
Q2 24
$16.0K
$8.6M
Gross Margin
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
4.6%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
11.4%
Q4 24
16.1%
Q3 24
16.8%
Q2 24
15.9%
Operating Margin
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
-10.9%
Q3 25
-6.1%
Q2 25
-4.6%
Q1 25
-0.4%
Q4 24
3.9%
Q3 24
4.8%
Q2 24
3.6%
Net Margin
SYPR
SYPR
VBNK
VBNK
Q1 26
30.3%
Q4 25
-12.9%
Q3 25
1.8%
20.8%
Q2 25
-6.5%
28.3%
Q1 25
-3.0%
29.3%
Q4 24
0.4%
Q3 24
1.1%
35.9%
Q2 24
0.0%
41.5%
EPS (diluted)
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
$-0.17
Q3 25
$0.02
Q2 25
$-0.09
Q1 25
$-0.04
Q4 24
$0.00
Q3 24
$0.02
Q2 24
$0.00

Balance Sheet & Financial Strength

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

Metric
SYPR
SYPR
VBNK
VBNK
Cash + ST InvestmentsLiquidity on hand
$458.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.8M
$396.4M
Total Assets
$107.8M
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SYPR
SYPR
VBNK
VBNK
Q1 26
$458.4M
Q4 25
Q3 25
$336.0M
Q2 25
$248.3M
Q1 25
$282.3M
Q4 24
Q3 24
$181.0M
Q2 24
$145.1M
Stockholders' Equity
SYPR
SYPR
VBNK
VBNK
Q1 26
$396.4M
Q4 25
$17.8M
Q3 25
$20.0M
$385.5M
Q2 25
$18.7M
$385.7M
Q1 25
$19.0M
$380.5M
Q4 24
$19.6M
Q3 24
$18.2M
$298.6M
Q2 24
$19.0M
$292.1M
Total Assets
SYPR
SYPR
VBNK
VBNK
Q1 26
$4.5B
Q4 25
$107.8M
Q3 25
$112.5M
$4.0B
Q2 25
$105.8M
$3.7B
Q1 25
$110.2M
$3.6B
Q4 24
$119.4M
Q3 24
$121.6M
$3.3B
Q2 24
$124.2M
$3.2B

Cash Flow & Capital Efficiency

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

Metric
SYPR
SYPR
VBNK
VBNK
Operating Cash FlowLast quarter
$-1.1M
$40.6M
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-5.0%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
5.03×
TTM Free Cash FlowTrailing 4 quarters
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SYPR
SYPR
VBNK
VBNK
Q1 26
$40.6M
Q4 25
$-1.1M
Q3 25
$-178.0K
Q2 25
$1.1M
Q1 25
$-5.5M
$-65.0M
Q4 24
$2.3M
Q3 24
$-4.8M
Q2 24
$6.2M
Free Cash Flow
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
$-1.5M
Q3 25
$-390.0K
Q2 25
$941.0K
Q1 25
$-5.5M
Q4 24
$1.9M
Q3 24
$-4.9M
Q2 24
$6.0M
FCF Margin
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
-5.0%
Q3 25
-1.4%
Q2 25
3.0%
Q1 25
-18.8%
Q4 24
5.7%
Q3 24
-13.8%
Q2 24
16.8%
Capex Intensity
SYPR
SYPR
VBNK
VBNK
Q1 26
Q4 25
1.3%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
0.0%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
0.5%
Cash Conversion
SYPR
SYPR
VBNK
VBNK
Q1 26
5.03×
Q4 25
Q3 25
-0.34×
Q2 25
Q1 25
-10.94×
Q4 24
17.13×
Q3 24
-12.21×
Q2 24
385.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

VBNK
VBNK

Segment breakdown not available.

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