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Side-by-side financial comparison of DHI GROUP, INC. (DHX) and FINANCIAL INSTITUTIONS INC (FISI). Click either name above to swap in a different company.

FINANCIAL INSTITUTIONS INC is the larger business by last-quarter revenue ($62.7M vs $31.4M, roughly 2.0× DHI GROUP, INC.). FINANCIAL INSTITUTIONS INC runs the higher net margin — 33.5% vs 3.0%, a 30.5% gap on every dollar of revenue. Over the past eight quarters, FINANCIAL INSTITUTIONS INC's revenue compounded faster (-2.0% CAGR vs -6.7%).

DHI is an international water software development and engineering consultancy firm with headquarters in Denmark. The profit-for-purpose organisation addresses all challenges in water environments through consultancy services, MIKE Powered by DHI water modelling software, business applications, data portals and operational services. DHI has 30 offices throughout the world, with software development centres in Singapore and Denmark, and approximately 1050 employees.

The Mizuho Financial Group, Inc. , known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a Japanese banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000–2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.

DHX vs FISI — Head-to-Head

Bigger by revenue
FISI
FISI
2.0× larger
FISI
$62.7M
$31.4M
DHX
Higher net margin
FISI
FISI
30.5% more per $
FISI
33.5%
3.0%
DHX
Faster 2-yr revenue CAGR
FISI
FISI
Annualised
FISI
-2.0%
-6.7%
DHX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DHX
DHX
FISI
FISI
Revenue
$31.4M
$62.7M
Net Profit
$951.0K
$21.0M
Gross Margin
Operating Margin
10.4%
Net Margin
3.0%
33.5%
Revenue YoY
-9.8%
Net Profit YoY
-6.9%
24.3%
EPS (diluted)
$0.03
$1.04

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
DHX
DHX
FISI
FISI
Q1 26
$62.7M
Q4 25
$31.4M
$64.1M
Q3 25
$32.1M
$63.8M
Q2 25
$32.0M
$59.7M
Q1 25
$32.3M
$57.2M
Q4 24
$34.8M
$41.6M
Q3 24
$35.3M
$50.1M
Q2 24
$35.8M
$65.2M
Net Profit
DHX
DHX
FISI
FISI
Q1 26
$21.0M
Q4 25
$951.0K
$20.0M
Q3 25
$-4.3M
$20.5M
Q2 25
$-841.0K
$17.5M
Q1 25
$-9.4M
$16.9M
Q4 24
$1.0M
$-82.8M
Q3 24
$-200.0K
$13.5M
Q2 24
$943.0K
$25.6M
Gross Margin
DHX
DHX
FISI
FISI
Q1 26
Q4 25
Q3 25
85.7%
Q2 25
84.0%
Q1 25
83.4%
Q4 24
Q3 24
85.6%
Q2 24
85.5%
Operating Margin
DHX
DHX
FISI
FISI
Q1 26
Q4 25
10.4%
37.4%
Q3 25
-14.0%
39.5%
Q2 25
-3.9%
36.0%
Q1 25
-27.5%
36.0%
Q4 24
5.0%
-276.9%
Q3 24
1.8%
29.0%
Q2 24
5.6%
46.2%
Net Margin
DHX
DHX
FISI
FISI
Q1 26
33.5%
Q4 25
3.0%
38.3%
Q3 25
-13.3%
32.1%
Q2 25
-2.6%
29.3%
Q1 25
-28.9%
29.5%
Q4 24
2.9%
-198.9%
Q3 24
-0.6%
26.9%
Q2 24
2.6%
39.3%
EPS (diluted)
DHX
DHX
FISI
FISI
Q1 26
$1.04
Q4 25
$0.03
$0.96
Q3 25
$-0.10
$0.99
Q2 25
$-0.02
$0.85
Q1 25
$-0.21
$0.81
Q4 24
$0.02
$-5.32
Q3 24
$0.00
$0.84
Q2 24
$0.02
$1.62

Balance Sheet & Financial Strength

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

Metric
DHX
DHX
FISI
FISI
Cash + ST InvestmentsLiquidity on hand
$2.9M
$85.5M
Total DebtLower is stronger
$114.0M
Stockholders' EquityBook value
$94.5M
Total Assets
$188.2M
$6.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHX
DHX
FISI
FISI
Q1 26
$85.5M
Q4 25
$2.9M
$108.8M
Q3 25
$2.3M
$185.9M
Q2 25
$2.8M
$93.0M
Q1 25
$2.7M
$167.4M
Q4 24
$3.7M
$87.3M
Q3 24
$2.1M
Q2 24
$3.0M
Total Debt
DHX
DHX
FISI
FISI
Q1 26
$114.0M
Q4 25
$193.7M
Q3 25
$30.0M
$115.0M
Q2 25
$30.0M
$115.0M
Q1 25
$33.0M
$124.9M
Q4 24
$32.0M
$124.8M
Q3 24
$32.0M
$124.8M
Q2 24
$35.0M
$124.7M
Stockholders' Equity
DHX
DHX
FISI
FISI
Q1 26
Q4 25
$94.5M
$628.9M
Q3 25
$97.3M
$621.7M
Q2 25
$102.5M
$601.7M
Q1 25
$103.9M
$589.9M
Q4 24
$114.3M
$569.0M
Q3 24
$111.3M
$500.3M
Q2 24
$109.8M
$467.7M
Total Assets
DHX
DHX
FISI
FISI
Q1 26
$6.3B
Q4 25
$188.2M
$6.3B
Q3 25
$192.5M
$6.3B
Q2 25
$204.9M
$6.1B
Q1 25
$212.1M
$6.3B
Q4 24
$221.4M
$6.1B
Q3 24
$219.4M
$6.2B
Q2 24
$224.4M
$6.1B
Debt / Equity
DHX
DHX
FISI
FISI
Q1 26
Q4 25
0.31×
Q3 25
0.31×
0.18×
Q2 25
0.29×
0.19×
Q1 25
0.32×
0.21×
Q4 24
0.28×
0.22×
Q3 24
0.29×
0.25×
Q2 24
0.32×
0.27×

Cash Flow & Capital Efficiency

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

Metric
DHX
DHX
FISI
FISI
Operating Cash FlowLast quarter
$7.2M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
7.60×
TTM Free Cash FlowTrailing 4 quarters
$13.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHX
DHX
FISI
FISI
Q1 26
Q4 25
$7.2M
$18.8M
Q3 25
$4.8M
$-6.9M
Q2 25
$6.9M
$-5.7M
Q1 25
$2.2M
$10.0M
Q4 24
$4.4M
$77.1M
Q3 24
$5.5M
$2.1M
Q2 24
$9.1M
$35.7M
Free Cash Flow
DHX
DHX
FISI
FISI
Q1 26
Q4 25
$5.7M
$13.3M
Q3 25
$3.2M
$-7.9M
Q2 25
$4.8M
$-7.3M
Q1 25
$88.0K
$9.2M
Q4 24
$1.6M
$72.2M
Q3 24
$2.3M
$-299.0K
Q2 24
$5.6M
$34.7M
FCF Margin
DHX
DHX
FISI
FISI
Q1 26
Q4 25
18.1%
20.7%
Q3 25
9.9%
-12.4%
Q2 25
15.1%
-12.3%
Q1 25
0.3%
16.1%
Q4 24
4.6%
173.3%
Q3 24
6.5%
-0.6%
Q2 24
15.6%
53.3%
Capex Intensity
DHX
DHX
FISI
FISI
Q1 26
Q4 25
4.9%
8.7%
Q3 25
5.0%
1.6%
Q2 25
6.3%
2.7%
Q1 25
6.7%
1.4%
Q4 24
8.0%
11.9%
Q3 24
9.2%
4.9%
Q2 24
9.7%
1.5%
Cash Conversion
DHX
DHX
FISI
FISI
Q1 26
Q4 25
7.60×
0.94×
Q3 25
-0.34×
Q2 25
-0.33×
Q1 25
0.59×
Q4 24
4.27×
Q3 24
0.16×
Q2 24
9.61×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHX
DHX

Clearance Jobs$17.4M56%
Clearance Jobs Segment$13.9M44%

FISI
FISI

Net Interest Income$52.0M83%
Noninterest Income$10.7M17%

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