vs

Side-by-side financial comparison of ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL) 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 $162.3M, roughly 1.9× ALPHA & OMEGA SEMICONDUCTOR Ltd). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -8.2%, a 43.0% 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, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs 4.0%).

Alpha & Omega Semiconductor Ltd designs, manufactures and markets a broad portfolio of power semiconductors, including power MOSFETs, IGBTs, analog ICs and power management modules. Its products are applied across consumer electronics, industrial equipment, automotive systems, telecom and computing segments, with sales networks covering major global markets.

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.

AOSL vs FIBK — Head-to-Head

Bigger by revenue
FIBK
FIBK
1.9× larger
FIBK
$313.0M
$162.3M
AOSL
Growing faster (revenue YoY)
FIBK
FIBK
+26.1% gap
FIBK
19.8%
-6.3%
AOSL
Higher net margin
FIBK
FIBK
43.0% more per $
FIBK
34.8%
-8.2%
AOSL
Faster 2-yr revenue CAGR
FIBK
FIBK
Annualised
FIBK
13.7%
4.0%
AOSL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AOSL
AOSL
FIBK
FIBK
Revenue
$162.3M
$313.0M
Net Profit
$-13.3M
$108.8M
Gross Margin
21.5%
Operating Margin
-8.4%
44.5%
Net Margin
-8.2%
34.8%
Revenue YoY
-6.3%
19.8%
Net Profit YoY
-101.0%
108.8%
EPS (diluted)
$-0.45
$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
AOSL
AOSL
FIBK
FIBK
Q4 25
$162.3M
$313.0M
Q3 25
$182.5M
$250.5M
Q2 25
$176.5M
$248.3M
Q1 25
$164.6M
$247.0M
Q4 24
$173.2M
$261.3M
Q3 24
$181.9M
$251.9M
Q2 24
$161.3M
$244.3M
Q1 24
$150.1M
$242.2M
Net Profit
AOSL
AOSL
FIBK
FIBK
Q4 25
$-13.3M
$108.8M
Q3 25
$-2.1M
$71.4M
Q2 25
$-77.1M
$71.7M
Q1 25
$-10.8M
$50.2M
Q4 24
$-6.6M
$52.1M
Q3 24
$-2.5M
$55.5M
Q2 24
$-2.7M
$60.0M
Q1 24
$-11.2M
$58.4M
Gross Margin
AOSL
AOSL
FIBK
FIBK
Q4 25
21.5%
Q3 25
23.5%
Q2 25
23.4%
Q1 25
21.4%
Q4 24
23.1%
Q3 24
24.5%
Q2 24
25.7%
Q1 24
23.7%
Operating Margin
AOSL
AOSL
FIBK
FIBK
Q4 25
-8.4%
44.5%
Q3 25
-2.5%
37.0%
Q2 25
-6.6%
37.7%
Q1 25
-6.5%
26.9%
Q4 24
-3.4%
25.5%
Q3 24
-0.1%
28.9%
Q2 24
-0.9%
32.1%
Q1 24
-7.0%
31.7%
Net Margin
AOSL
AOSL
FIBK
FIBK
Q4 25
-8.2%
34.8%
Q3 25
-1.2%
28.5%
Q2 25
-43.7%
28.9%
Q1 25
-6.6%
20.3%
Q4 24
-3.8%
19.9%
Q3 24
-1.4%
22.0%
Q2 24
-1.7%
24.6%
Q1 24
-7.5%
24.1%
EPS (diluted)
AOSL
AOSL
FIBK
FIBK
Q4 25
$-0.45
$1.07
Q3 25
$-0.07
$0.69
Q2 25
$-2.61
$0.69
Q1 25
$-0.37
$0.49
Q4 24
$-0.23
$0.50
Q3 24
$-0.09
$0.54
Q2 24
$-0.09
$0.58
Q1 24
$-0.39
$0.57

Balance Sheet & Financial Strength

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

Metric
AOSL
AOSL
FIBK
FIBK
Cash + ST InvestmentsLiquidity on hand
$196.3M
Total DebtLower is stronger
$146.3M
Stockholders' EquityBook value
$818.8M
$3.4B
Total Assets
$1.0B
$26.6B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AOSL
AOSL
FIBK
FIBK
Q4 25
$196.3M
Q3 25
$223.5M
Q2 25
$153.1M
Q1 25
$169.4M
Q4 24
$182.6M
Q3 24
$176.0M
Q2 24
$175.1M
Q1 24
$174.4M
Total Debt
AOSL
AOSL
FIBK
FIBK
Q4 25
$146.3M
Q3 25
$146.2M
Q2 25
$14.9M
$252.0M
Q1 25
Q4 24
$132.2M
Q3 24
$137.3M
Q2 24
$26.7M
$383.4M
Q1 24
$370.8M
Stockholders' Equity
AOSL
AOSL
FIBK
FIBK
Q4 25
$818.8M
$3.4B
Q3 25
$834.1M
$3.4B
Q2 25
$822.3M
$3.4B
Q1 25
$886.3M
$3.4B
Q4 24
$902.6M
$3.3B
Q3 24
$895.3M
$3.4B
Q2 24
$891.6M
$3.2B
Q1 24
$888.9M
$3.2B
Total Assets
AOSL
AOSL
FIBK
FIBK
Q4 25
$1.0B
$26.6B
Q3 25
$1.0B
$27.3B
Q2 25
$1.0B
$27.6B
Q1 25
$1.1B
$28.3B
Q4 24
$1.1B
$29.1B
Q3 24
$1.1B
$29.6B
Q2 24
$1.1B
$30.3B
Q1 24
$1.2B
$30.1B
Debt / Equity
AOSL
AOSL
FIBK
FIBK
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.02×
0.07×
Q1 25
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.03×
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
AOSL
AOSL
FIBK
FIBK
Operating Cash FlowLast quarter
$-8.1M
$305.6M
Free Cash FlowOCF − Capex
$-23.1M
FCF MarginFCF / Revenue
-14.2%
Capex IntensityCapex / Revenue
9.2%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$-40.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AOSL
AOSL
FIBK
FIBK
Q4 25
$-8.1M
$305.6M
Q3 25
$10.2M
$91.7M
Q2 25
$-2.8M
$68.1M
Q1 25
$7.4M
$78.5M
Q4 24
$14.1M
$355.0M
Q3 24
$11.0M
$89.9M
Q2 24
$7.1M
$82.3M
Q1 24
$28.2M
$87.6M
Free Cash Flow
AOSL
AOSL
FIBK
FIBK
Q4 25
$-23.1M
Q3 25
$420.0K
Q2 25
$-17.2M
Q1 25
$-1.1M
Q4 24
$6.6M
Q3 24
$4.1M
Q2 24
$-210.0K
Q1 24
$20.5M
FCF Margin
AOSL
AOSL
FIBK
FIBK
Q4 25
-14.2%
Q3 25
0.2%
Q2 25
-9.7%
Q1 25
-0.6%
Q4 24
3.8%
Q3 24
2.3%
Q2 24
-0.1%
Q1 24
13.7%
Capex Intensity
AOSL
AOSL
FIBK
FIBK
Q4 25
9.2%
Q3 25
5.4%
Q2 25
8.1%
Q1 25
5.1%
Q4 24
4.3%
Q3 24
3.8%
Q2 24
4.5%
Q1 24
5.2%
Cash Conversion
AOSL
AOSL
FIBK
FIBK
Q4 25
2.81×
Q3 25
1.28×
Q2 25
0.95×
Q1 25
1.56×
Q4 24
6.81×
Q3 24
1.62×
Q2 24
1.37×
Q1 24
1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AOSL
AOSL

Power Discrete$101.0M62%
Power Ic$58.8M36%
Packaging And Testing Services$2.5M2%

FIBK
FIBK

Segment breakdown not available.

Related Comparisons