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Side-by-side financial comparison of ANI PHARMACEUTICALS INC (ANIP) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.
FIRST INTERSTATE BANCSYSTEM INC is the larger business by last-quarter revenue ($313.0M vs $247.1M, roughly 1.3× ANI PHARMACEUTICALS INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 11.1%, a 23.6% gap on every dollar of revenue. On growth, ANI PHARMACEUTICALS INC posted the faster year-over-year revenue change (29.6% vs 19.8%). Over the past eight quarters, ANI PHARMACEUTICALS INC's revenue compounded faster (34.1% CAGR vs 13.7%).
ANI Pharmaceuticals Inc is a U.S.-based specialty pharmaceutical firm that develops, manufactures and sells generic and branded prescription drugs. Its key segments cover dermatology, oncology, CNS therapies and anti-infectives, primarily serving U.S. healthcare providers, retail pharmacies and institutional medical clients.
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.
ANIP vs FIBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $247.1M | $313.0M |
| Net Profit | $27.5M | $108.8M |
| Gross Margin | — | — |
| Operating Margin | 14.1% | 44.5% |
| Net Margin | 11.1% | 34.8% |
| Revenue YoY | 29.6% | 19.8% |
| Net Profit YoY | 367.5% | 108.8% |
| EPS (diluted) | $1.14 | $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.
| Q4 25 | $247.1M | $313.0M | ||
| Q3 25 | $227.8M | $250.5M | ||
| Q2 25 | $211.4M | $248.3M | ||
| Q1 25 | $197.1M | $247.0M | ||
| Q4 24 | $190.6M | $261.3M | ||
| Q3 24 | $148.3M | $251.9M | ||
| Q2 24 | $138.0M | $244.3M | ||
| Q1 24 | $137.4M | $242.2M |
| Q4 25 | $27.5M | $108.8M | ||
| Q3 25 | $26.6M | $71.4M | ||
| Q2 25 | $8.5M | $71.7M | ||
| Q1 25 | $15.7M | $50.2M | ||
| Q4 24 | $-10.3M | $52.1M | ||
| Q3 24 | $-24.2M | $55.5M | ||
| Q2 24 | $-2.3M | $60.0M | ||
| Q1 24 | $18.2M | $58.4M |
| Q4 25 | 14.1% | 44.5% | ||
| Q3 25 | 15.9% | 37.0% | ||
| Q2 25 | 6.6% | 37.7% | ||
| Q1 25 | 13.3% | 26.9% | ||
| Q4 24 | -2.3% | 25.5% | ||
| Q3 24 | -13.8% | 28.9% | ||
| Q2 24 | 3.7% | 32.1% | ||
| Q1 24 | 14.8% | 31.7% |
| Q4 25 | 11.1% | 34.8% | ||
| Q3 25 | 11.7% | 28.5% | ||
| Q2 25 | 4.0% | 28.9% | ||
| Q1 25 | 8.0% | 20.3% | ||
| Q4 24 | -5.4% | 19.9% | ||
| Q3 24 | -16.3% | 22.0% | ||
| Q2 24 | -1.7% | 24.6% | ||
| Q1 24 | 13.2% | 24.1% |
| Q4 25 | $1.14 | $1.07 | ||
| Q3 25 | $1.13 | $0.69 | ||
| Q2 25 | $0.36 | $0.69 | ||
| Q1 25 | $0.69 | $0.49 | ||
| Q4 24 | $-0.45 | $0.50 | ||
| Q3 24 | $-1.27 | $0.54 | ||
| Q2 24 | $-0.14 | $0.58 | ||
| Q1 24 | $0.82 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $285.6M | — |
| Total DebtLower is stronger | — | $146.3M |
| Stockholders' EquityBook value | $540.7M | $3.4B |
| Total Assets | $1.4B | $26.6B |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $285.6M | — | ||
| Q3 25 | $262.6M | — | ||
| Q2 25 | $217.8M | — | ||
| Q1 25 | $149.8M | — | ||
| Q4 24 | $144.9M | — | ||
| Q3 24 | $145.0M | — | ||
| Q2 24 | $240.1M | — | ||
| Q1 24 | $228.6M | — |
| 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 |
| Q4 25 | $540.7M | $3.4B | ||
| Q3 25 | $505.8M | $3.4B | ||
| Q2 25 | $436.8M | $3.4B | ||
| Q1 25 | $418.6M | $3.4B | ||
| Q4 24 | $403.7M | $3.3B | ||
| Q3 24 | $405.9M | $3.4B | ||
| Q2 24 | $455.8M | $3.2B | ||
| Q1 24 | $452.0M | $3.2B |
| Q4 25 | $1.4B | $26.6B | ||
| Q3 25 | $1.4B | $27.3B | ||
| Q2 25 | $1.3B | $27.6B | ||
| Q1 25 | $1.3B | $28.3B | ||
| Q4 24 | $1.3B | $29.1B | ||
| Q3 24 | $1.3B | $29.6B | ||
| Q2 24 | $920.8M | $30.3B | ||
| Q1 24 | $914.5M | $30.1B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $30.4M | $305.6M |
| Free Cash FlowOCF − Capex | $29.1M | — |
| FCF MarginFCF / Revenue | 11.8% | — |
| Capex IntensityCapex / Revenue | 0.5% | — |
| Cash ConversionOCF / Net Profit | 1.10× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $171.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.4M | $305.6M | ||
| Q3 25 | $44.1M | $91.7M | ||
| Q2 25 | $75.8M | $68.1M | ||
| Q1 25 | $35.0M | $78.5M | ||
| Q4 24 | $15.9M | $355.0M | ||
| Q3 24 | $12.5M | $89.9M | ||
| Q2 24 | $17.4M | $82.3M | ||
| Q1 24 | $18.3M | $87.6M |
| Q4 25 | $29.1M | — | ||
| Q3 25 | $38.0M | — | ||
| Q2 25 | $71.8M | — | ||
| Q1 25 | $32.5M | — | ||
| Q4 24 | $13.5M | — | ||
| Q3 24 | $7.7M | — | ||
| Q2 24 | $13.0M | — | ||
| Q1 24 | $13.7M | — |
| Q4 25 | 11.8% | — | ||
| Q3 25 | 16.7% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 10.0% | — |
| Q4 25 | 0.5% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 3.3% | — |
| Q4 25 | 1.10× | 2.81× | ||
| Q3 25 | 1.66× | 1.28× | ||
| Q2 25 | 8.87× | 0.95× | ||
| Q1 25 | 2.23× | 1.56× | ||
| Q4 24 | — | 6.81× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.37× | ||
| Q1 24 | 1.00× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANIP
| Sales Of Cortrophin Gel | $111.4M | 45% |
| Sales Of Generic Pharmaceutical Products | $100.8M | 41% |
| Sales Of ILUVIEN And YUTIQ | $19.8M | 8% |
| Sales Of Established Brands | $12.3M | 5% |
| Unapproved Products | $6.5M | 3% |
| Sales Of Royalties And Other Pharmaceutical Services | $2.7M | 1% |
FIBK
Segment breakdown not available.
