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Side-by-side financial comparison of Entrada Therapeutics, Inc. (TRDA) and Waterstone Financial, Inc. (WSBF). Click either name above to swap in a different company.

Waterstone Financial, Inc. is the larger business by last-quarter revenue ($37.2M vs $20.6M, roughly 1.8× Entrada Therapeutics, Inc.). On growth, Waterstone Financial, Inc. posted the faster year-over-year revenue change (16.7% vs -65.2%). Waterstone Financial, Inc. produced more free cash flow last quarter ($23.0M vs $-39.7M). Over the past eight quarters, Waterstone Financial, Inc.'s revenue compounded faster (7.1% CAGR vs 6.4%).

Entrada Therapeutics is a clinical-stage biotechnology firm developing transformative intracellular therapies for serious rare diseases and high-unmet-need disorders. Its pipeline covers neuromuscular, metabolic, and central nervous system segments, serving global patients via healthcare partnerships.

Waterstone Financial, Inc. is a U.S. bank holding company headquartered in Wisconsin. It offers retail and commercial banking services, residential mortgages, and wealth management solutions, primarily serving consumers and small to medium-sized businesses across the U.S. Midwest region.

TRDA vs WSBF — Head-to-Head

Bigger by revenue
WSBF
WSBF
1.8× larger
WSBF
$37.2M
$20.6M
TRDA
Growing faster (revenue YoY)
WSBF
WSBF
+82.0% gap
WSBF
16.7%
-65.2%
TRDA
More free cash flow
WSBF
WSBF
$62.7M more FCF
WSBF
$23.0M
$-39.7M
TRDA
Faster 2-yr revenue CAGR
WSBF
WSBF
Annualised
WSBF
7.1%
6.4%
TRDA

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
TRDA
TRDA
WSBF
WSBF
Revenue
$20.6M
$37.2M
Net Profit
$-17.3M
Gross Margin
Operating Margin
-106.0%
27.0%
Net Margin
-84.4%
Revenue YoY
-65.2%
16.7%
Net Profit YoY
-173.8%
EPS (diluted)
$-0.42
$0.43

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
TRDA
TRDA
WSBF
WSBF
Q4 25
$37.2M
Q3 25
$37.0M
Q2 25
$38.0M
Q1 25
$20.6M
$29.7M
Q4 24
$37.4M
$31.8M
Q3 24
$19.6M
$34.1M
Q2 24
$94.7M
$37.2M
Q1 24
$59.1M
$32.4M
Net Profit
TRDA
TRDA
WSBF
WSBF
Q4 25
Q3 25
$7.9M
Q2 25
$7.7M
Q1 25
$-17.3M
$3.0M
Q4 24
$1.1M
Q3 24
$-14.0M
$4.7M
Q2 24
$55.0M
$5.7M
Q1 24
$23.5M
$3.0M
Operating Margin
TRDA
TRDA
WSBF
WSBF
Q4 25
27.0%
Q3 25
26.6%
Q2 25
25.4%
Q1 25
-106.0%
13.1%
Q4 24
-15.7%
19.5%
Q3 24
-110.7%
17.3%
Q2 24
56.4%
19.2%
Q1 24
35.7%
14.7%
Net Margin
TRDA
TRDA
WSBF
WSBF
Q4 25
Q3 25
21.4%
Q2 25
20.3%
Q1 25
-84.4%
10.2%
Q4 24
3.0%
Q3 24
-71.7%
13.9%
Q2 24
58.1%
15.4%
Q1 24
39.7%
9.4%
EPS (diluted)
TRDA
TRDA
WSBF
WSBF
Q4 25
$0.43
Q3 25
$0.45
Q2 25
$0.43
Q1 25
$-0.42
$0.17
Q4 24
$-0.20
$0.28
Q3 24
$-0.35
$0.26
Q2 24
$1.55
$0.31
Q1 24
$0.68
$0.16

Balance Sheet & Financial Strength

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

Metric
TRDA
TRDA
WSBF
WSBF
Cash + ST InvestmentsLiquidity on hand
$67.8M
Total DebtLower is stronger
$412.3M
Stockholders' EquityBook value
$417.3M
$349.4M
Total Assets
$486.5M
$2.3B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRDA
TRDA
WSBF
WSBF
Q4 25
Q3 25
Q2 25
Q1 25
$67.8M
Q4 24
$101.2M
Q3 24
$78.0M
Q2 24
$185.3M
Q1 24
$68.4M
Total Debt
TRDA
TRDA
WSBF
WSBF
Q4 25
$412.3M
Q3 25
$469.1M
Q2 25
$465.7M
Q1 25
$395.9M
Q4 24
$446.5M
Q3 24
$560.1M
Q2 24
$660.8M
Q1 24
$634.2M
Stockholders' Equity
TRDA
TRDA
WSBF
WSBF
Q4 25
$349.4M
Q3 25
$345.5M
Q2 25
$341.5M
Q1 25
$417.3M
$341.4M
Q4 24
$428.7M
$339.1M
Q3 24
$422.4M
$342.0M
Q2 24
$429.9M
$334.9M
Q1 24
$269.4M
$338.0M
Total Assets
TRDA
TRDA
WSBF
WSBF
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$486.5M
$2.2B
Q4 24
$526.3M
$2.2B
Q3 24
$554.6M
$2.2B
Q2 24
$582.0M
$2.3B
Q1 24
$510.8M
$2.2B
Debt / Equity
TRDA
TRDA
WSBF
WSBF
Q4 25
1.18×
Q3 25
1.36×
Q2 25
1.36×
Q1 25
1.16×
Q4 24
1.32×
Q3 24
1.64×
Q2 24
1.97×
Q1 24
1.88×

Cash Flow & Capital Efficiency

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

Metric
TRDA
TRDA
WSBF
WSBF
Operating Cash FlowLast quarter
$-38.5M
$24.2M
Free Cash FlowOCF − Capex
$-39.7M
$23.0M
FCF MarginFCF / Revenue
-192.9%
61.9%
Capex IntensityCapex / Revenue
5.6%
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-58.0M
$43.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRDA
TRDA
WSBF
WSBF
Q4 25
$24.2M
Q3 25
$32.7M
Q2 25
$-38.4M
Q1 25
$-38.5M
$26.7M
Q4 24
$-31.6M
$48.1M
Q3 24
$-24.3M
$74.1M
Q2 24
$39.8M
$-39.5M
Q1 24
$-25.5M
$-9.9M
Free Cash Flow
TRDA
TRDA
WSBF
WSBF
Q4 25
$23.0M
Q3 25
$32.4M
Q2 25
$-38.5M
Q1 25
$-39.7M
$26.5M
Q4 24
$-32.2M
$47.0M
Q3 24
$-24.9M
$73.9M
Q2 24
$38.8M
$-39.7M
Q1 24
$-26.4M
$-10.3M
FCF Margin
TRDA
TRDA
WSBF
WSBF
Q4 25
61.9%
Q3 25
87.5%
Q2 25
-101.2%
Q1 25
-192.9%
89.2%
Q4 24
-86.2%
147.5%
Q3 24
-127.3%
216.9%
Q2 24
41.0%
-106.7%
Q1 24
-44.6%
-31.9%
Capex Intensity
TRDA
TRDA
WSBF
WSBF
Q4 25
3.1%
Q3 25
0.8%
Q2 25
0.2%
Q1 25
5.6%
0.9%
Q4 24
1.7%
3.5%
Q3 24
3.3%
0.6%
Q2 24
1.1%
0.4%
Q1 24
1.4%
1.2%
Cash Conversion
TRDA
TRDA
WSBF
WSBF
Q4 25
Q3 25
4.13×
Q2 25
-4.98×
Q1 25
8.81×
Q4 24
-27.94×
Q3 24
15.67×
Q2 24
0.72×
-6.92×
Q1 24
-1.09×
-3.27×

Financial Flow Comparison

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

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