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Side-by-side financial comparison of Dayforce (DAY) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $313.0M, roughly 1.5× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs -40.9%, a 75.6% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 9.5%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs 9.8%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
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.
DAY vs FIBK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $313.0M |
| Net Profit | $-196.8M | $108.8M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | 44.5% |
| Net Margin | -40.9% | 34.8% |
| Revenue YoY | 9.5% | 19.8% |
| Net Profit YoY | -9940.0% | 108.8% |
| EPS (diluted) | $-1.23 | $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 | — | $313.0M | ||
| Q3 25 | $481.6M | $250.5M | ||
| Q2 25 | $464.7M | $248.3M | ||
| Q1 25 | $481.8M | $247.0M | ||
| Q4 24 | $465.2M | $261.3M | ||
| Q3 24 | $440.0M | $251.9M | ||
| Q2 24 | $423.3M | $244.3M | ||
| Q1 24 | $431.5M | $242.2M |
| Q4 25 | — | $108.8M | ||
| Q3 25 | $-196.8M | $71.4M | ||
| Q2 25 | $21.3M | $71.7M | ||
| Q1 25 | $14.9M | $50.2M | ||
| Q4 24 | $10.8M | $52.1M | ||
| Q3 24 | $2.0M | $55.5M | ||
| Q2 24 | $-1.8M | $60.0M | ||
| Q1 24 | $7.1M | $58.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
| Q4 25 | — | 44.5% | ||
| Q3 25 | 6.3% | 37.0% | ||
| Q2 25 | 9.1% | 37.7% | ||
| Q1 25 | 6.4% | 26.9% | ||
| Q4 24 | 6.1% | 25.5% | ||
| Q3 24 | 4.7% | 28.9% | ||
| Q2 24 | 3.3% | 32.1% | ||
| Q1 24 | 9.4% | 31.7% |
| Q4 25 | — | 34.8% | ||
| Q3 25 | -40.9% | 28.5% | ||
| Q2 25 | 4.6% | 28.9% | ||
| Q1 25 | 3.1% | 20.3% | ||
| Q4 24 | 2.3% | 19.9% | ||
| Q3 24 | 0.5% | 22.0% | ||
| Q2 24 | -0.4% | 24.6% | ||
| Q1 24 | 1.6% | 24.1% |
| Q4 25 | — | $1.07 | ||
| Q3 25 | $-1.23 | $0.69 | ||
| Q2 25 | $0.13 | $0.69 | ||
| Q1 25 | $0.09 | $0.49 | ||
| Q4 24 | $0.07 | $0.50 | ||
| Q3 24 | $0.01 | $0.54 | ||
| Q2 24 | $-0.01 | $0.58 | ||
| Q1 24 | $0.04 | $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 | $627.6M | — |
| Total DebtLower is stronger | $631.1M | $146.3M |
| Stockholders' EquityBook value | $2.7B | $3.4B |
| Total Assets | $8.7B | $26.6B |
| Debt / EquityLower = less leverage | 0.23× | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $627.6M | — | ||
| Q2 25 | $625.2M | — | ||
| Q1 25 | $557.3M | — | ||
| Q4 24 | $579.7M | — | ||
| Q3 24 | $494.1M | — | ||
| Q2 24 | $465.4M | — | ||
| Q1 24 | $392.5M | — |
| Q4 25 | — | $146.3M | ||
| Q3 25 | $631.1M | $146.2M | ||
| Q2 25 | $631.8M | $252.0M | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | $132.2M | ||
| Q3 24 | $1.2B | $137.3M | ||
| Q2 24 | $1.2B | $383.4M | ||
| Q1 24 | $1.2B | $370.8M |
| Q4 25 | — | $3.4B | ||
| Q3 25 | $2.7B | $3.4B | ||
| Q2 25 | $2.7B | $3.4B | ||
| Q1 25 | $2.6B | $3.4B | ||
| Q4 24 | $2.5B | $3.3B | ||
| Q3 24 | $2.6B | $3.4B | ||
| Q2 24 | $2.5B | $3.2B | ||
| Q1 24 | $2.4B | $3.2B |
| Q4 25 | — | $26.6B | ||
| Q3 25 | $8.7B | $27.3B | ||
| Q2 25 | $8.5B | $27.6B | ||
| Q1 25 | $9.5B | $28.3B | ||
| Q4 24 | $9.1B | $29.1B | ||
| Q3 24 | $8.1B | $29.6B | ||
| Q2 24 | $9.0B | $30.3B | ||
| Q1 24 | $10.8B | $30.1B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | 0.23× | 0.04× | ||
| Q2 25 | 0.23× | 0.07× | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | 0.04× | ||
| Q3 24 | 0.47× | 0.04× | ||
| Q2 24 | 0.49× | 0.12× | ||
| Q1 24 | 0.50× | 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 | $31.2M | $305.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $305.6M | ||
| Q3 25 | $31.2M | $91.7M | ||
| Q2 25 | $112.7M | $68.1M | ||
| Q1 25 | $49.6M | $78.5M | ||
| Q4 24 | $81.0M | $355.0M | ||
| Q3 24 | $91.8M | $89.9M | ||
| Q2 24 | $99.2M | $82.3M | ||
| Q1 24 | $9.1M | $87.6M |
| Q4 25 | — | 2.81× | ||
| Q3 25 | — | 1.28× | ||
| Q2 25 | 5.29× | 0.95× | ||
| Q1 25 | 3.33× | 1.56× | ||
| Q4 24 | 7.50× | 6.81× | ||
| Q3 24 | 45.90× | 1.62× | ||
| Q2 24 | — | 1.37× | ||
| Q1 24 | 1.28× | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
FIBK
Segment breakdown not available.
