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Side-by-side financial comparison of Valens Semiconductor Ltd. (VLN) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $17.3M, roughly 1.6× Valens Semiconductor Ltd.). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -42.2%, a 81.5% gap on every dollar of revenue. On growth, WEST BANCORPORATION INC posted the faster year-over-year revenue change (16.6% vs 8.1%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-4.9M).

Valens Semiconductor (Valens) is an Israeli fabless manufacturing company providing semiconductors for the automotive and audio-video industries. Valens provides semiconductor products for the distribution of uncompressed ultra-high-definition (UHD) multimedia content and in-vehicle connectivity applications. The company is a member of the MIPI Alliance and developed the first-to-market chipset that is compliant with the MIPI A-PHY standard. Valens invented the technology behind the HDBaseT s...

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.

VLN vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.6× larger
WTBA
$26.9M
$17.3M
VLN
Growing faster (revenue YoY)
WTBA
WTBA
+8.5% gap
WTBA
16.6%
8.1%
VLN
Higher net margin
WTBA
WTBA
81.5% more per $
WTBA
39.2%
-42.2%
VLN
More free cash flow
WTBA
WTBA
$17.3M more FCF
WTBA
$12.4M
$-4.9M
VLN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
VLN
VLN
WTBA
WTBA
Revenue
$17.3M
$26.9M
Net Profit
$-7.3M
$10.6M
Gross Margin
63.0%
Operating Margin
-46.4%
50.0%
Net Margin
-42.2%
39.2%
Revenue YoY
8.1%
16.6%
Net Profit YoY
29.3%
34.8%
EPS (diluted)
$-0.07
$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
VLN
VLN
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$24.2M
Q3 25
$17.3M
$25.0M
Q2 25
$17.1M
$23.8M
Q1 25
$16.8M
$23.1M
Q4 24
$20.9M
Q3 24
$16.0M
$20.3M
Q2 24
$13.6M
$19.6M
Net Profit
VLN
VLN
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$7.4M
Q3 25
$-7.3M
$9.3M
Q2 25
$-7.2M
$8.0M
Q1 25
$-8.3M
$7.8M
Q4 24
$7.1M
Q3 24
$-10.4M
$6.0M
Q2 24
$-8.9M
$5.2M
Gross Margin
VLN
VLN
WTBA
WTBA
Q1 26
Q4 25
Q3 25
63.0%
Q2 25
63.5%
Q1 25
62.9%
Q4 24
Q3 24
56.4%
Q2 24
61.4%
Operating Margin
VLN
VLN
WTBA
WTBA
Q1 26
50.0%
Q4 25
39.6%
Q3 25
-46.4%
45.8%
Q2 25
-43.3%
43.4%
Q1 25
-56.2%
43.4%
Q4 24
30.9%
Q3 24
-76.3%
36.6%
Q2 24
-69.2%
32.6%
Net Margin
VLN
VLN
WTBA
WTBA
Q1 26
39.2%
Q4 25
30.7%
Q3 25
-42.2%
37.3%
Q2 25
-42.1%
33.5%
Q1 25
-49.4%
34.0%
Q4 24
34.0%
Q3 24
-64.6%
29.3%
Q2 24
-65.2%
26.5%
EPS (diluted)
VLN
VLN
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.44
Q3 25
$-0.07
$0.55
Q2 25
$-0.07
$0.47
Q1 25
$-0.08
$0.46
Q4 24
$0.41
Q3 24
$-0.10
$0.35
Q2 24
$-0.08
$0.31

Balance Sheet & Financial Strength

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

Metric
VLN
VLN
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$93.5M
$362.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$108.8M
$270.7M
Total Assets
$136.7M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VLN
VLN
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$471.1M
Q3 25
$93.5M
$232.9M
Q2 25
$102.7M
$345.2M
Q1 25
$112.5M
Q4 24
$243.5M
Q3 24
$133.1M
Q2 24
$105.9M
Stockholders' Equity
VLN
VLN
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$266.0M
Q3 25
$108.8M
$255.1M
Q2 25
$116.5M
$240.9M
Q1 25
$128.6M
$237.9M
Q4 24
$227.9M
Q3 24
$147.0M
$235.4M
Q2 24
$153.5M
$223.9M
Total Assets
VLN
VLN
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$4.1B
Q3 25
$136.7M
$4.0B
Q2 25
$144.8M
$4.1B
Q1 25
$154.6M
$4.0B
Q4 24
$4.0B
Q3 24
$171.9M
$4.0B
Q2 24
$175.8M
$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
VLN
VLN
WTBA
WTBA
Operating Cash FlowLast quarter
$-4.7M
$12.9M
Free Cash FlowOCF − Capex
$-4.9M
$12.4M
FCF MarginFCF / Revenue
-28.5%
46.0%
Capex IntensityCapex / Revenue
1.6%
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$-11.0M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VLN
VLN
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$46.5M
Q3 25
$-4.7M
$11.4M
Q2 25
$-211.0K
$13.5M
Q1 25
$-7.6M
$9.7M
Q4 24
$39.8M
Q3 24
$3.0M
$12.9M
Q2 24
$-225.0K
$10.0M
Free Cash Flow
VLN
VLN
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$43.2M
Q3 25
$-4.9M
$10.8M
Q2 25
$-330.0K
$12.8M
Q1 25
$-8.0M
$8.3M
Q4 24
$13.7M
Q3 24
$2.2M
$7.0M
Q2 24
$-460.0K
$2.7M
FCF Margin
VLN
VLN
WTBA
WTBA
Q1 26
46.0%
Q4 25
178.3%
Q3 25
-28.5%
43.0%
Q2 25
-1.9%
53.6%
Q1 25
-47.3%
35.7%
Q4 24
65.6%
Q3 24
14.0%
34.2%
Q2 24
-3.4%
14.0%
Capex Intensity
VLN
VLN
WTBA
WTBA
Q1 26
1.8%
Q4 25
13.7%
Q3 25
1.6%
2.6%
Q2 25
0.7%
3.2%
Q1 25
2.1%
6.5%
Q4 24
125.3%
Q3 24
4.5%
29.4%
Q2 24
1.7%
37.1%
Cash Conversion
VLN
VLN
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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