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Side-by-side financial comparison of BGSF, INC. (BGSF) and First Bancorp, Inc (FNLC). Click either name above to swap in a different company.

First Bancorp, Inc is the larger business by last-quarter revenue ($25.8M vs $22.0M, roughly 1.2× BGSF, INC.). First Bancorp, Inc runs the higher net margin — 39.4% vs -5.3%, a 44.6% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs -9.4%). First Bancorp, Inc produced more free cash flow last quarter ($34.6M vs $1.7M). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs -5.3%).

BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

BGSF vs FNLC — Head-to-Head

Bigger by revenue
FNLC
FNLC
1.2× larger
FNLC
$25.8M
$22.0M
BGSF
Growing faster (revenue YoY)
FNLC
FNLC
+26.9% gap
FNLC
17.5%
-9.4%
BGSF
Higher net margin
FNLC
FNLC
44.6% more per $
FNLC
39.4%
-5.3%
BGSF
More free cash flow
FNLC
FNLC
$32.9M more FCF
FNLC
$34.6M
$1.7M
BGSF
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
-5.3%
BGSF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGSF
BGSF
FNLC
FNLC
Revenue
$22.0M
$25.8M
Net Profit
$-1.2M
$10.2M
Gross Margin
35.0%
Operating Margin
-17.6%
48.1%
Net Margin
-5.3%
39.4%
Revenue YoY
-9.4%
17.5%
Net Profit YoY
-18.2%
39.7%
EPS (diluted)
$-0.12
$0.91

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
BGSF
BGSF
FNLC
FNLC
Q4 25
$22.0M
$25.8M
Q3 25
$26.9M
$24.5M
Q2 25
$23.5M
$22.5M
Q1 25
$20.9M
$21.8M
Q4 24
$24.3M
$22.0M
Q3 24
$29.8M
$20.5M
Q2 24
$25.7M
$19.2M
Q1 24
$24.5M
$18.5M
Net Profit
BGSF
BGSF
FNLC
FNLC
Q4 25
$-1.2M
$10.2M
Q3 25
$-5.8M
$9.1M
Q2 25
$-3.7M
$8.1M
Q1 25
$-722.0K
$7.1M
Q4 24
$-981.0K
$7.3M
Q3 24
$-804.0K
$7.6M
Q2 24
$-761.0K
$6.2M
Q1 24
$-792.0K
$6.0M
Gross Margin
BGSF
BGSF
FNLC
FNLC
Q4 25
35.0%
Q3 25
35.9%
Q2 25
35.8%
Q1 25
36.2%
Q4 24
35.9%
Q3 24
35.9%
Q2 24
37.3%
Q1 24
38.1%
Operating Margin
BGSF
BGSF
FNLC
FNLC
Q4 25
-17.6%
48.1%
Q3 25
-3.5%
45.2%
Q2 25
-18.8%
43.7%
Q1 25
1.6%
39.3%
Q4 24
-15.7%
39.5%
Q3 24
-3.4%
44.6%
Q2 24
-5.7%
38.8%
Q1 24
1.7%
39.3%
Net Margin
BGSF
BGSF
FNLC
FNLC
Q4 25
-5.3%
39.4%
Q3 25
-21.6%
37.0%
Q2 25
-15.9%
35.8%
Q1 25
-3.5%
32.5%
Q4 24
-4.0%
33.1%
Q3 24
-2.7%
36.9%
Q2 24
-3.0%
32.1%
Q1 24
-3.2%
32.5%
EPS (diluted)
BGSF
BGSF
FNLC
FNLC
Q4 25
$-0.12
$0.91
Q3 25
$-0.52
$0.81
Q2 25
$-0.34
$0.72
Q1 25
$-0.06
$0.63
Q4 24
$0.66
Q3 24
$-0.07
$0.68
Q2 24
$-0.07
$0.55
Q1 24
$0.54

Balance Sheet & Financial Strength

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

Metric
BGSF
BGSF
FNLC
FNLC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$48.1M
$283.1M
Total Assets
$57.8M
$3.2B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
FNLC
FNLC
Q4 25
Q3 25
$41.2M
Q2 25
$2.8M
Q1 25
$2.0M
Q4 24
$32.0K
Q3 24
$262
Q2 24
$226
Q1 24
$50
Total Debt
BGSF
BGSF
FNLC
FNLC
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
BGSF
BGSF
FNLC
FNLC
Q4 25
$48.1M
$283.1M
Q3 25
$50.7M
$274.6M
Q2 25
$78.3M
$265.5M
Q1 25
$81.8M
$259.7M
Q4 24
$82.3M
$252.5M
Q3 24
$82.9M
$256.8M
Q2 24
$83.2M
$244.7M
Q1 24
$83.6M
$242.6M
Total Assets
BGSF
BGSF
FNLC
FNLC
Q4 25
$57.8M
$3.2B
Q3 25
$83.6M
$3.2B
Q2 25
$149.7M
$3.2B
Q1 25
$152.3M
$3.2B
Q4 24
$150.1M
$3.2B
Q3 24
$157.3K
$3.1B
Q2 24
$159.8K
$3.1B
Q1 24
$170.6K
$3.0B
Debt / Equity
BGSF
BGSF
FNLC
FNLC
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
BGSF
BGSF
FNLC
FNLC
Operating Cash FlowLast quarter
$1.7M
$37.8M
Free Cash FlowOCF − Capex
$1.7M
$34.6M
FCF MarginFCF / Revenue
7.6%
133.9%
Capex IntensityCapex / Revenue
0.1%
12.5%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$-16.0K
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
FNLC
FNLC
Q4 25
$1.7M
$37.8M
Q3 25
$-4.8M
$12.9M
Q2 25
$2.2M
$7.4M
Q1 25
$1.1M
$2.2M
Q4 24
$3.2M
$26.0M
Q3 24
$6.5M
$9.8M
Q2 24
$7.3M
$6.4M
Q1 24
$7.4M
$-1.5M
Free Cash Flow
BGSF
BGSF
FNLC
FNLC
Q4 25
$1.7M
$34.6M
Q3 25
$-4.9M
$12.6M
Q2 25
$2.1M
$7.2M
Q1 25
$1.0M
$828.0K
Q4 24
$2.5M
$24.6M
Q3 24
$6.5M
$9.6M
Q2 24
$7.3M
$6.3M
Q1 24
$6.9M
$-1.8M
FCF Margin
BGSF
BGSF
FNLC
FNLC
Q4 25
7.6%
133.9%
Q3 25
-18.1%
51.4%
Q2 25
9.1%
32.1%
Q1 25
5.0%
3.8%
Q4 24
10.2%
111.7%
Q3 24
21.7%
47.0%
Q2 24
28.5%
32.9%
Q1 24
28.1%
-9.8%
Capex Intensity
BGSF
BGSF
FNLC
FNLC
Q4 25
0.1%
12.5%
Q3 25
0.4%
1.2%
Q2 25
0.0%
0.6%
Q1 25
0.1%
6.2%
Q4 24
3.0%
6.7%
Q3 24
0.0%
0.5%
Q2 24
0.0%
0.3%
Q1 24
2.0%
1.8%
Cash Conversion
BGSF
BGSF
FNLC
FNLC
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

FNLC
FNLC

Segment breakdown not available.

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