vs

Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.

ADMA BIOLOGICS, INC. is the larger business by last-quarter revenue ($139.2M vs $110.0M, roughly 1.3× FIRSTSUN CAPITAL BANCORP). ADMA BIOLOGICS, INC. runs the higher net margin — 35.5% vs 19.6%, a 15.9% gap on every dollar of revenue. Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs 6.9%).

ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

ADMA vs FSUN — Head-to-Head

Bigger by revenue
ADMA
ADMA
1.3× larger
ADMA
$139.2M
$110.0M
FSUN
Higher net margin
ADMA
ADMA
15.9% more per $
ADMA
35.5%
19.6%
FSUN
Faster 2-yr revenue CAGR
ADMA
ADMA
Annualised
ADMA
30.4%
6.9%
FSUN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ADMA
ADMA
FSUN
FSUN
Revenue
$139.2M
$110.0M
Net Profit
$49.4M
$21.6M
Gross Margin
63.8%
Operating Margin
45.1%
Net Margin
35.5%
19.6%
Revenue YoY
18.4%
Net Profit YoY
-55.9%
-8.4%
EPS (diluted)
$0.20
$0.76

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
ADMA
ADMA
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$139.2M
$110.2M
Q3 25
$134.2M
$107.3M
Q2 25
$122.0M
$105.6M
Q1 25
$114.8M
$96.2M
Q4 24
$117.5M
$98.7M
Q3 24
$119.8M
$98.2M
Q2 24
$107.2M
$96.2M
Net Profit
ADMA
ADMA
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$49.4M
$24.8M
Q3 25
$36.4M
$23.2M
Q2 25
$34.2M
$26.4M
Q1 25
$26.9M
$23.6M
Q4 24
$111.9M
$16.4M
Q3 24
$35.9M
$22.4M
Q2 24
$32.1M
$24.6M
Gross Margin
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
63.8%
Q3 25
56.3%
Q2 25
55.1%
Q1 25
53.2%
Q4 24
53.9%
Q3 24
49.8%
Q2 24
53.6%
Operating Margin
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
45.1%
29.0%
Q3 25
38.0%
26.4%
Q2 25
35.1%
31.2%
Q1 25
30.4%
30.9%
Q4 24
32.6%
20.4%
Q3 24
33.1%
29.1%
Q2 24
36.6%
32.3%
Net Margin
ADMA
ADMA
FSUN
FSUN
Q1 26
19.6%
Q4 25
35.5%
22.5%
Q3 25
27.1%
21.6%
Q2 25
28.1%
25.0%
Q1 25
23.4%
24.5%
Q4 24
95.2%
16.6%
Q3 24
30.0%
22.8%
Q2 24
29.9%
25.5%
EPS (diluted)
ADMA
ADMA
FSUN
FSUN
Q1 26
$0.76
Q4 25
$0.20
$0.89
Q3 25
$0.15
$0.82
Q2 25
$0.14
$0.93
Q1 25
$0.11
$0.83
Q4 24
$0.45
$0.57
Q3 24
$0.15
$0.79
Q2 24
$0.13
$0.88

Balance Sheet & Financial Strength

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

Metric
ADMA
ADMA
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$87.6M
$413.7M
Total DebtLower is stronger
$72.1M
Stockholders' EquityBook value
$477.3M
$1.2B
Total Assets
$624.2M
$8.6B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADMA
ADMA
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$87.6M
$652.6M
Q3 25
$61.4M
$659.9M
Q2 25
$90.3M
$785.1M
Q1 25
$71.6M
$621.4M
Q4 24
$103.1M
$615.9M
Q3 24
$86.7M
$573.7M
Q2 24
$88.2M
$535.8M
Total Debt
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
$72.1M
Q3 25
$72.4M
Q2 25
Q1 25
Q4 24
$72.3M
Q3 24
Q2 24
Stockholders' Equity
ADMA
ADMA
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$477.3M
$1.2B
Q3 25
$431.2M
$1.1B
Q2 25
$398.3M
$1.1B
Q1 25
$373.4M
$1.1B
Q4 24
$349.0M
$1.0B
Q3 24
$231.9M
$1.0B
Q2 24
$188.3M
$996.6M
Total Assets
ADMA
ADMA
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$624.2M
$8.5B
Q3 25
$568.7M
$8.5B
Q2 25
$558.4M
$8.4B
Q1 25
$510.6M
$8.2B
Q4 24
$488.7M
$8.1B
Q3 24
$390.6M
$8.1B
Q2 24
$376.4M
$8.0B
Debt / Equity
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
0.15×
Q3 25
0.17×
Q2 25
Q1 25
Q4 24
0.21×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ADMA
ADMA
FSUN
FSUN
Operating Cash FlowLast quarter
$35.6M
Free Cash FlowOCF − Capex
$34.6M
FCF MarginFCF / Revenue
24.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$27.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
$35.6M
$111.5M
Q3 25
$13.3M
$49.4M
Q2 25
$21.1M
$15.0M
Q1 25
$-19.7M
$26.4M
Q4 24
$50.2M
$101.1M
Q3 24
$25.0M
$48.1M
Q2 24
$45.6M
$20.9M
Free Cash Flow
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
$34.6M
$104.0M
Q3 25
$-1.1M
$47.6M
Q2 25
$18.7M
$13.0M
Q1 25
$-24.4M
$24.3M
Q4 24
$47.5M
$95.7M
Q3 24
$24.0M
$47.1M
Q2 24
$43.6M
$19.9M
FCF Margin
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
24.8%
94.3%
Q3 25
-0.8%
44.4%
Q2 25
15.3%
12.3%
Q1 25
-21.2%
25.3%
Q4 24
40.4%
97.0%
Q3 24
20.0%
47.9%
Q2 24
40.7%
20.6%
Capex Intensity
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
0.8%
6.8%
Q3 25
10.7%
1.6%
Q2 25
2.0%
1.9%
Q1 25
4.1%
2.1%
Q4 24
2.3%
5.5%
Q3 24
0.9%
1.1%
Q2 24
1.9%
1.1%
Cash Conversion
ADMA
ADMA
FSUN
FSUN
Q1 26
Q4 25
0.72×
4.49×
Q3 25
0.36×
2.13×
Q2 25
0.62×
0.57×
Q1 25
-0.73×
1.12×
Q4 24
0.45×
6.18×
Q3 24
0.70×
2.15×
Q2 24
1.42×
0.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ADMA
ADMA

ADMA Bio Manufacturing Segment$123.1M88%
Other$16.0M12%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

Related Comparisons