AVBH

MKT CAP:$265M

Avidbank Holdings, Inc.

Market Cap

$265M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$30.10+$3.91 (+14.93%)

Apr 21, 2026

Company Details

Avidbank Holdings, Inc. operates as a bank holding company for Avidbank that provides financial products and services to small and middle-market businesses, professionals, and individuals in the Santa Clara, San Mateo, and San Francisco cou...

CEO

Mark D. Mordell

IPO Date

Aug 5, 2025

Website

www.avidbank.com

Key Metrics TTM

Revenue

$74M

-24.1% YoY

Net Income

$24M

EPS (Diluted)

$3.11

Free Cash Flow

$19M

Revenue / Share

$9.65

Gross Margin

34.8%

Operating Margin

-34.8%

Net Margin

32.3%

FCF Margin

25.4%

P/S

3.6x

P/E

11.0x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

Q4 2025

Mar 18, 2026

$40M+98.0%EPS $0.90

Q3 2025

Nov 12, 2025

-$24M-215.7%EPS $0.75

Q2 2025

Sep 18, 2025

$37M-0.3%EPS $0.75

Q1 2025

Mar 30, 2025

$21M+3.4%EPS $0.71

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$16M	$16M	$7M
Q2 22	$17M	$17M	$8M
Q3 22	$20M	$20M	$11M
Q4 22	$22M	$22M	$17M
Q1 23	$20M	$20M	$10M
Q2 23	$17M	$17M	$8M
Q3 23	$18M	$18M	$8M
Q4 23	$13M	$13M	$2M
Q1 24	$20M	$20M	$8M
Q2 24	$37M	$17M	$5M
Q3 24	$20M	$20M	$9M
Q4 24	$20M	$20M	$10M
Q1 25	$21M	$21M	$9M
Q2 25	$37M	$21M	$8M
Q3 25	-$24M	-$40M	-$53M
Q4 25	$40M	$24M	$10M

Valuation

Quarter	P/S	P/E
Q1 22	3.1x	12.5x
Q2 22	2.9x	11.3x
Q3 22	2.7x	9.2x
Q4 22	2.3x	7.0x
Q1 23	2.2x	6.5x
Q2 23	2.2x	6.6x
Q3 23	2.3x	7.1x
Q4 23	2.6x	10.5x
Q1 24	2.6x	11.2x
Q2 24	2.0x	12.2x
Q3 24	2.0x	11.9x
Q4 24	1.8x	8.4x
Q1 25	1.8x	8.3x
Q2 25	1.8x	7.5x
Q3 25	3.5x	8.1x
Q4 25	2.7x	8.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q4 22	$0	$0
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q4 24	$0	$0
Q1 25	$0	$0
Q2 25	$6M	$6M
Q3 25	$12M	$12M
Q4 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$35.0K
Q3 25	$58.0K
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+30.3%	+25.6%
Q2 22	+25.3%	+30.4%
Q3 22	+46.9%	+31.4%
Q4 22	+68.1%	-34.0%
Q1 23	+21.1%	+6.6%
Q2 23	-0.3%	+3.3%
Q3 23	-6.6%	+9.5%
Q4 23	-43.1%	+102.1%
Q1 24	+0.3%	+14.1%
Q2 24	+118.1%	+243.1%
Q3 24	+10.7%	+11.1%
Q4 24	+61.5%	-5.3%
Q1 25	+3.4%	+1.2%
Q2 25	-0.3%	-10.9%
Q3 25	-215.7%	+165.9%
Q4 25	+98.0%	+190.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$2M	11.1%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$3M	22.1%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$3M	15.9%
Q1 25	$0	0.0%
Q2 25	$771.0K	2.1%
Q3 25	$811.0K	—
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 22	$606.0K	$9M	—
Q2 22	$615.0K	$9M	—
Q3 22	$664.0K	$8M	—
Q4 22	$2M	$4M	—
Q1 23	$959.0K	$9M	—
Q2 23	$871.0K	$9M	—
Q3 23	$1M	$9M	—
Q4 23	$1M	$349.0K	—
Q1 24	$1M	$86.0K	—
Q2 24	$8M	$106.0K	—
Q3 24	$1M	$10M	—
Q4 24	$1M	$412.0K	—
Q1 25	$1M	$127.0K	—
Q2 25	$9M	$69.0K	—
Q3 25	$715.0K	$114.0K	—
Q4 25	—	—	$14M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$0	$0	$0
Q2 22	$0	$0	$0
Q3 22	$0	$0	$0
Q4 22	$0	$0	$0
Q1 23	$0	$0	$0
Q2 23	$0	$0	$0
Q3 23	$0	$0	$0
Q4 23	$0	$0	$0
Q1 24	$0	$0	$0
Q2 24	$0	$0	$0
Q3 24	$0	$0	$0
Q4 24	$0	$0	$0
Q1 25	$0	$0	$0
Q2 25	$130M	$0	$130M
Q3 25	$12M	$174M	$186M
Q4 25	$8M	$3M	$11M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	6M	+0.2%	+1.6%
Q2 22	7M	+11.5%	+12.7%
Q3 22	7M	+8.6%	+22.0%
Q4 22	7M	+0.3%	+21.8%
Q1 23	7M	+0.3%	+21.8%
Q2 23	7M	+0.1%	+9.3%
Q3 23	8M	+0.7%	+1.4%
Q4 23	8M	+0.4%	+1.5%
Q1 24	8M	+0.1%	+1.3%
Q2 24	8M	+0.4%	+1.6%
Q3 24	8M	+0.6%	+1.5%
Q4 24	8M	+0.5%	+1.6%
Q1 25	8M	+0.3%	+1.7%
Q2 25	8M	+0.0%	+1.4%
Q3 25	8M	0.0%	+0.8%
Q4 25	8M	0.0%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	$265.5K	151

Revenue / Employee