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Side-by-side financial comparison of WASHINGTON TRUST BANCORP INC (WASH) and Zevia PBC (ZVIA). Click either name above to swap in a different company.

WASHINGTON TRUST BANCORP INC is the larger business by last-quarter revenue ($57.8M vs $37.9M, roughly 1.5× Zevia PBC). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs -3.4%, a 25.2% gap on every dollar of revenue. Over the past eight quarters, WASHINGTON TRUST BANCORP INC's revenue compounded faster (9.5% CAGR vs -1.2%).

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.

WASH vs ZVIA — Head-to-Head

Bigger by revenue
WASH
WASH
1.5× larger
WASH
$57.8M
$37.9M
ZVIA
Higher net margin
WASH
WASH
25.2% more per $
WASH
21.8%
-3.4%
ZVIA
Faster 2-yr revenue CAGR
WASH
WASH
Annualised
WASH
9.5%
-1.2%
ZVIA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
WASH
WASH
ZVIA
ZVIA
Revenue
$57.8M
$37.9M
Net Profit
$12.6M
$-1.3M
Gross Margin
47.7%
Operating Margin
-4.0%
Net Margin
21.8%
-3.4%
Revenue YoY
-4.0%
Net Profit YoY
3.5%
80.9%
EPS (diluted)
$0.66
$-0.02

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
WASH
WASH
ZVIA
ZVIA
Q1 26
$57.8M
Q4 25
$59.3M
$37.9M
Q3 25
$56.5M
$40.8M
Q2 25
$54.3M
$44.5M
Q1 25
$59.1M
$38.0M
Q4 24
$12.4M
$39.5M
Q3 24
$48.5M
$36.4M
Q2 24
$48.2M
$40.4M
Net Profit
WASH
WASH
ZVIA
ZVIA
Q1 26
$12.6M
Q4 25
$16.0M
$-1.3M
Q3 25
$10.8M
$-2.7M
Q2 25
$13.2M
$-651.0K
Q1 25
$12.2M
$-6.4M
Q4 24
$-60.8M
$-6.8M
Q3 24
$11.0M
$-2.5M
Q2 24
$10.8M
$-7.0M
Gross Margin
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
47.7%
Q3 25
45.6%
Q2 25
48.7%
Q1 25
50.1%
Q4 24
49.2%
Q3 24
49.1%
Q2 24
41.9%
Operating Margin
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
34.9%
-4.0%
Q3 25
24.7%
-7.0%
Q2 25
31.6%
-2.3%
Q1 25
26.5%
-16.8%
Q4 24
-648.7%
-16.1%
Q3 24
28.5%
-8.2%
Q2 24
28.7%
-17.5%
Net Margin
WASH
WASH
ZVIA
ZVIA
Q1 26
21.8%
Q4 25
27.0%
-3.4%
Q3 25
19.2%
-6.6%
Q2 25
24.4%
-1.5%
Q1 25
20.6%
-16.8%
Q4 24
-491.4%
-17.2%
Q3 24
22.6%
-6.9%
Q2 24
22.4%
-17.2%
EPS (diluted)
WASH
WASH
ZVIA
ZVIA
Q1 26
$0.66
Q4 25
$0.84
$-0.02
Q3 25
$0.56
$-0.04
Q2 25
$0.68
$-0.01
Q1 25
$0.63
$-0.08
Q4 24
$-3.54
$-0.10
Q3 24
$0.64
$-0.04
Q2 24
$0.63
$-0.10

Balance Sheet & Financial Strength

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

Metric
WASH
WASH
ZVIA
ZVIA
Cash + ST InvestmentsLiquidity on hand
$12.3M
$25.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$546.8M
$51.0M
Total Assets
$6.5B
$63.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WASH
WASH
ZVIA
ZVIA
Q1 26
$12.3M
Q4 25
$25.4M
Q3 25
$26.0M
Q2 25
Q1 25
Q4 24
$30.7M
Q3 24
Q2 24
Stockholders' Equity
WASH
WASH
ZVIA
ZVIA
Q1 26
$546.8M
Q4 25
$543.6M
$51.0M
Q3 25
$533.0M
$51.3M
Q2 25
$527.5M
$53.0M
Q1 25
$521.7M
$53.7M
Q4 24
$499.7M
$64.9M
Q3 24
$502.2M
$72.5M
Q2 24
$471.0M
$75.0M
Total Assets
WASH
WASH
ZVIA
ZVIA
Q1 26
$6.5B
Q4 25
$6.6B
$63.6M
Q3 25
$6.7B
$60.0M
Q2 25
$6.7B
$62.5M
Q1 25
$6.6B
$62.0M
Q4 24
$6.9B
$68.0M
Q3 24
$7.1B
$72.9M
Q2 24
$7.2B
$72.8M

Cash Flow & Capital Efficiency

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

Metric
WASH
WASH
ZVIA
ZVIA
Operating Cash FlowLast quarter
$-507.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
$80.3M
$-507.0K
Q3 25
$39.6M
$116.0K
Q2 25
$11.3M
$-1.4M
Q1 25
$8.4M
$-2.9M
Q4 24
$57.7M
$-2.0M
Q3 24
$25.7M
$3.9M
Q2 24
$11.2M
$282.0K
Free Cash Flow
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
$78.3M
Q3 25
$39.3M
Q2 25
$10.9M
Q1 25
$8.4M
Q4 24
$53.7M
Q3 24
$24.4M
Q2 24
$9.6M
FCF Margin
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
132.2%
Q3 25
69.6%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
433.8%
Q3 24
50.4%
Q2 24
19.8%
Capex Intensity
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
3.4%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
32.3%
Q3 24
2.6%
Q2 24
3.4%
Cash Conversion
WASH
WASH
ZVIA
ZVIA
Q1 26
Q4 25
5.03×
Q3 25
3.65×
Q2 25
0.86×
Q1 25
0.69×
Q4 24
Q3 24
2.34×
Q2 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

ZVIA
ZVIA

Segment breakdown not available.

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