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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.

ALLIANCE ENTERTAINMENT HOLDING CORP is the larger business by last-quarter revenue ($368.7M vs $313.0M, roughly 1.2× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 2.5%, a 32.2% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs -6.3%). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs 13.7%).

Alliance Atlantis Communications Inc. was a media company that operated primarily as a specialty service provider in Canada. Primarily based in Toronto, Alliance Atlantis also had offices in Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, and Sydney.

First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.

AENT vs FIBK — Head-to-Head

Bigger by revenue
AENT
AENT
1.2× larger
AENT
$368.7M
$313.0M
FIBK
Growing faster (revenue YoY)
FIBK
FIBK
+26.1% gap
FIBK
19.8%
-6.3%
AENT
Higher net margin
FIBK
FIBK
32.2% more per $
FIBK
34.8%
2.5%
AENT
Faster 2-yr revenue CAGR
AENT
AENT
Annualised
AENT
32.1%
13.7%
FIBK

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AENT
AENT
FIBK
FIBK
Revenue
$368.7M
$313.0M
Net Profit
$9.4M
$108.8M
Gross Margin
Operating Margin
4.7%
44.5%
Net Margin
2.5%
34.8%
Revenue YoY
-6.3%
19.8%
Net Profit YoY
32.8%
108.8%
EPS (diluted)
$0.18
$1.07

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
AENT
AENT
FIBK
FIBK
Q4 25
$368.7M
$313.0M
Q3 25
$254.0M
$250.5M
Q2 25
$227.8M
$248.3M
Q1 25
$213.0M
$247.0M
Q4 24
$393.7M
$261.3M
Q3 24
$229.0M
$251.9M
Q2 24
$236.9M
$244.3M
Q1 24
$211.2M
$242.2M
Net Profit
AENT
AENT
FIBK
FIBK
Q4 25
$9.4M
$108.8M
Q3 25
$4.9M
$71.4M
Q2 25
$5.8M
$71.7M
Q1 25
$1.9M
$50.2M
Q4 24
$7.1M
$52.1M
Q3 24
$397.0K
$55.5M
Q2 24
$2.5M
$60.0M
Q1 24
$-3.4M
$58.4M
Operating Margin
AENT
AENT
FIBK
FIBK
Q4 25
4.7%
44.5%
Q3 25
4.2%
37.0%
Q2 25
4.3%
37.7%
Q1 25
1.7%
26.9%
Q4 24
3.8%
25.5%
Q3 24
0.9%
28.9%
Q2 24
0.2%
32.1%
Q1 24
-0.3%
31.7%
Net Margin
AENT
AENT
FIBK
FIBK
Q4 25
2.5%
34.8%
Q3 25
1.9%
28.5%
Q2 25
2.5%
28.9%
Q1 25
0.9%
20.3%
Q4 24
1.8%
19.9%
Q3 24
0.2%
22.0%
Q2 24
1.1%
24.6%
Q1 24
-1.6%
24.1%
EPS (diluted)
AENT
AENT
FIBK
FIBK
Q4 25
$0.18
$1.07
Q3 25
$0.10
$0.69
Q2 25
$0.11
$0.69
Q1 25
$0.04
$0.49
Q4 24
$0.14
$0.50
Q3 24
$0.01
$0.54
Q2 24
$0.05
$0.58
Q1 24
$-0.07
$0.57

Balance Sheet & Financial Strength

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

Metric
AENT
AENT
FIBK
FIBK
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$146.3M
Stockholders' EquityBook value
$117.6M
$3.4B
Total Assets
$434.1M
$26.6B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AENT
AENT
FIBK
FIBK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$4.3M
Q2 24
$1.1M
Q1 24
$1.6M
Total Debt
AENT
AENT
FIBK
FIBK
Q4 25
$146.3M
Q3 25
$146.2M
Q2 25
$252.0M
Q1 25
Q4 24
$132.2M
Q3 24
$137.3M
Q2 24
$383.4M
Q1 24
$370.8M
Stockholders' Equity
AENT
AENT
FIBK
FIBK
Q4 25
$117.6M
$3.4B
Q3 25
$108.1M
$3.4B
Q2 25
$103.2M
$3.4B
Q1 25
$97.4M
$3.4B
Q4 24
$95.6M
$3.3B
Q3 24
$88.0M
$3.4B
Q2 24
$87.6M
$3.2B
Q1 24
$85.1M
$3.2B
Total Assets
AENT
AENT
FIBK
FIBK
Q4 25
$434.1M
$26.6B
Q3 25
$383.0M
$27.3B
Q2 25
$361.2M
$27.6B
Q1 25
$349.4M
$28.3B
Q4 24
$401.7M
$29.1B
Q3 24
$395.7M
$29.6B
Q2 24
$340.8M
$30.3B
Q1 24
$324.0M
$30.1B
Debt / Equity
AENT
AENT
FIBK
FIBK
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.07×
Q1 25
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

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

Metric
AENT
AENT
FIBK
FIBK
Operating Cash FlowLast quarter
$-16.5M
$305.6M
Free Cash FlowOCF − Capex
$-16.9M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-1.76×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$-1.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AENT
AENT
FIBK
FIBK
Q4 25
$-16.5M
$305.6M
Q3 25
$2.7M
$91.7M
Q2 25
$10.7M
$68.1M
Q1 25
$2.5M
$78.5M
Q4 24
$25.3M
$355.0M
Q3 24
$-11.6M
$89.9M
Q2 24
$9.7M
$82.3M
Q1 24
$20.0M
$87.6M
Free Cash Flow
AENT
AENT
FIBK
FIBK
Q4 25
$-16.9M
Q3 25
$2.4M
Q2 25
$10.7M
Q1 25
$2.4M
Q4 24
Q3 24
$-11.6M
Q2 24
Q1 24
$20.0M
FCF Margin
AENT
AENT
FIBK
FIBK
Q4 25
-4.6%
Q3 25
0.9%
Q2 25
4.7%
Q1 25
1.1%
Q4 24
Q3 24
-5.1%
Q2 24
Q1 24
9.4%
Capex Intensity
AENT
AENT
FIBK
FIBK
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
Q1 24
0.0%
Cash Conversion
AENT
AENT
FIBK
FIBK
Q4 25
-1.76×
2.81×
Q3 25
0.56×
1.28×
Q2 25
1.86×
0.95×
Q1 25
1.33×
1.56×
Q4 24
3.57×
6.81×
Q3 24
-29.31×
1.62×
Q2 24
3.85×
1.37×
Q1 24
1.50×

Financial Flow Comparison

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

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