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Side-by-side financial comparison of WESTAMERICA BANCORPORATION (WABC) and GeneDx Holdings Corp. (WGS). Click either name above to swap in a different company.

GeneDx Holdings Corp. is the larger business by last-quarter revenue ($121.0M vs $63.3M, roughly 1.9× WESTAMERICA BANCORPORATION). WESTAMERICA BANCORPORATION runs the higher net margin — 43.9% vs -14.6%, a 58.5% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs -9.0%). WESTAMERICA BANCORPORATION produced more free cash flow last quarter ($119.7M vs $-7.4M). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% CAGR vs -8.6%).

Westamerica Bancorporation is a regional bank holding company headquartered in California, U.S. It operates via its wholly owned banking subsidiary to provide full-spectrum retail and commercial banking services, including deposit products, business and consumer loans, wealth management, and payment services, primarily serving individual consumers, SMEs and local institutional clients in northern and central California.

GeneDx is a genetic testing company that was founded in 2000 by two scientists from the National Institutes of Health (NIH), Sherri Bale and John Compton. They started the company to provide clinical diagnostic services for patients and families with rare and ultra-rare disorders, for which no such commercial testing was available at the time. The company started in the Technology Development Center, a biotech incubator supported by the state of Maryland and Montgomery County, MD. In 2006, Bi...

WABC vs WGS — Head-to-Head

Bigger by revenue
WGS
WGS
1.9× larger
WGS
$121.0M
$63.3M
WABC
Growing faster (revenue YoY)
WGS
WGS
+35.5% gap
WGS
26.5%
-9.0%
WABC
Higher net margin
WABC
WABC
58.5% more per $
WABC
43.9%
-14.6%
WGS
More free cash flow
WABC
WABC
$127.1M more FCF
WABC
$119.7M
$-7.4M
WGS
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
-8.6%
WABC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
WABC
WABC
WGS
WGS
Revenue
$63.3M
$121.0M
Net Profit
$27.8M
$-17.7M
Gross Margin
69.6%
Operating Margin
59.8%
-11.8%
Net Margin
43.9%
-14.6%
Revenue YoY
-9.0%
26.5%
Net Profit YoY
-12.3%
-424.9%
EPS (diluted)
$1.12
$-0.59

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
WABC
WABC
WGS
WGS
Q4 25
$63.3M
$121.0M
Q3 25
$63.7M
$116.7M
Q2 25
$64.6M
$102.7M
Q1 25
$66.4M
$87.1M
Q4 24
$69.6M
$95.6M
Q3 24
$74.1M
$76.9M
Q2 24
$74.3M
$70.5M
Q1 24
$75.8M
$62.4M
Net Profit
WABC
WABC
WGS
WGS
Q4 25
$27.8M
$-17.7M
Q3 25
$28.3M
$-7.6M
Q2 25
$29.1M
$10.8M
Q1 25
$31.0M
$-6.5M
Q4 24
$31.7M
$5.4M
Q3 24
$35.1M
$-8.3M
Q2 24
$35.5M
$-29.2M
Q1 24
$36.4M
$-20.2M
Gross Margin
WABC
WABC
WGS
WGS
Q4 25
69.6%
Q3 25
72.4%
Q2 25
69.0%
Q1 25
67.1%
Q4 24
69.2%
Q3 24
62.2%
Q2 24
60.9%
Q1 24
59.9%
Operating Margin
WABC
WABC
WGS
WGS
Q4 25
59.8%
-11.8%
Q3 25
59.5%
-2.8%
Q2 25
60.5%
8.7%
Q1 25
63.0%
-5.2%
Q4 24
62.8%
9.2%
Q3 24
64.5%
-10.1%
Q2 24
64.8%
-15.0%
Q1 24
65.2%
-21.9%
Net Margin
WABC
WABC
WGS
WGS
Q4 25
43.9%
-14.6%
Q3 25
44.3%
-6.5%
Q2 25
45.0%
10.5%
Q1 25
46.7%
-7.5%
Q4 24
45.6%
5.7%
Q3 24
47.3%
-10.8%
Q2 24
47.8%
-41.4%
Q1 24
48.0%
-32.4%
EPS (diluted)
WABC
WABC
WGS
WGS
Q4 25
$1.12
$-0.59
Q3 25
$1.12
$-0.27
Q2 25
$1.12
$0.36
Q1 25
$1.16
$-0.23
Q4 24
$1.19
$0.25
Q3 24
$1.31
$-0.31
Q2 24
$1.33
$-1.10
Q1 24
$1.37
$-0.78

Balance Sheet & Financial Strength

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

Metric
WABC
WABC
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$171.3M
Total DebtLower is stronger
$54.5M
Stockholders' EquityBook value
$933.5M
$308.2M
Total Assets
$6.0B
$523.7M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WABC
WABC
WGS
WGS
Q4 25
$171.3M
Q3 25
$155.1M
Q2 25
$134.6M
Q1 25
$159.2M
Q4 24
$141.2M
Q3 24
$116.5M
Q2 24
$106.9M
Q1 24
$112.9M
Total Debt
WABC
WABC
WGS
WGS
Q4 25
$54.5M
Q3 25
$54.8M
Q2 25
$55.1M
Q1 25
$55.5M
Q4 24
$55.8M
Q3 24
$56.1M
Q2 24
$56.3M
Q1 24
$56.3M
Stockholders' Equity
WABC
WABC
WGS
WGS
Q4 25
$933.5M
$308.2M
Q3 25
$931.6M
$292.3M
Q2 25
$921.8M
$277.1M
Q1 25
$923.1M
$257.4M
Q4 24
$890.0M
$245.2M
Q3 24
$909.0M
$204.5M
Q2 24
$815.6M
$194.0M
Q1 24
$791.7M
$207.2M
Total Assets
WABC
WABC
WGS
WGS
Q4 25
$6.0B
$523.7M
Q3 25
$5.9B
$493.9M
Q2 25
$5.8B
$463.9M
Q1 25
$6.0B
$446.4M
Q4 24
$6.1B
$419.4M
Q3 24
$6.2B
$408.8M
Q2 24
$6.3B
$389.1M
Q1 24
$6.5B
$394.5M
Debt / Equity
WABC
WABC
WGS
WGS
Q4 25
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
Q3 24
0.27×
Q2 24
0.29×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
WABC
WABC
WGS
WGS
Operating Cash FlowLast quarter
$121.9M
$-3.1M
Free Cash FlowOCF − Capex
$119.7M
$-7.4M
FCF MarginFCF / Revenue
189.0%
-6.1%
Capex IntensityCapex / Revenue
3.5%
3.6%
Cash ConversionOCF / Net Profit
4.38×
TTM Free Cash FlowTrailing 4 quarters
$213.4M
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WABC
WABC
WGS
WGS
Q4 25
$121.9M
$-3.1M
Q3 25
$29.4M
$15.8M
Q2 25
$23.5M
$10.4M
Q1 25
$42.4M
$10.2M
Q4 24
$141.6M
$-3.2M
Q3 24
$40.6M
$-4.4M
Q2 24
$19.0M
$-4.5M
Q1 24
$52.2M
$-16.4M
Free Cash Flow
WABC
WABC
WGS
WGS
Q4 25
$119.7M
$-7.4M
Q3 25
$28.7M
$9.6M
Q2 25
$22.8M
$8.1M
Q1 25
$42.2M
$4.1M
Q4 24
$139.8M
$-6.2M
Q3 24
$40.1M
$-5.0M
Q2 24
$18.6M
$-5.9M
Q1 24
$52.1M
$-16.9M
FCF Margin
WABC
WABC
WGS
WGS
Q4 25
189.0%
-6.1%
Q3 25
45.1%
8.2%
Q2 25
35.3%
7.8%
Q1 25
63.5%
4.7%
Q4 24
201.0%
-6.5%
Q3 24
54.1%
-6.6%
Q2 24
25.0%
-8.3%
Q1 24
68.7%
-27.0%
Capex Intensity
WABC
WABC
WGS
WGS
Q4 25
3.5%
3.6%
Q3 25
1.1%
5.3%
Q2 25
1.1%
2.3%
Q1 25
0.3%
7.0%
Q4 24
2.5%
3.2%
Q3 24
0.7%
0.8%
Q2 24
0.6%
1.9%
Q1 24
0.2%
0.7%
Cash Conversion
WABC
WABC
WGS
WGS
Q4 25
4.38×
Q3 25
1.04×
Q2 25
0.81×
0.96×
Q1 25
1.37×
Q4 24
4.47×
-0.59×
Q3 24
1.16×
Q2 24
0.54×
Q1 24
1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

WABC
WABC

Segment breakdown not available.

WGS
WGS

Diagnostic Test Third Party Insurance$101.1M84%
Diagnostic Test Institutional Customers$15.5M13%
Other$3.4M3%

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