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Side-by-side financial comparison of Emergent BioSolutions Inc. (EBS) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.

Emergent BioSolutions Inc. is the larger business by last-quarter revenue ($148.7M vs $110.0M, roughly 1.4× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -36.7%, a 56.3% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -29.6%).

Emergent BioSolutions Inc. is an American multinational specialty biopharmaceutical company headquartered in Gaithersburg, Maryland. It develops vaccines and antibody therapeutics for infectious diseases and opioid overdoses, and it provides medical devices for biodefense purposes.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

EBS vs FSUN — Head-to-Head

Bigger by revenue
EBS
EBS
1.4× larger
EBS
$148.7M
$110.0M
FSUN
Higher net margin
FSUN
FSUN
56.3% more per $
FSUN
19.6%
-36.7%
EBS
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-29.6%
EBS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EBS
EBS
FSUN
FSUN
Revenue
$148.7M
$110.0M
Net Profit
$-54.6M
$21.6M
Gross Margin
42.9%
Operating Margin
-18.8%
Net Margin
-36.7%
19.6%
Revenue YoY
-23.6%
Net Profit YoY
-74.4%
-8.4%
EPS (diluted)
$-0.95
$0.76

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
EBS
EBS
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$148.7M
$110.2M
Q3 25
$231.1M
$107.3M
Q2 25
$140.9M
$105.6M
Q1 25
$222.2M
$96.2M
Q4 24
$194.7M
$98.7M
Q3 24
$293.8M
$98.2M
Q2 24
$254.7M
$96.2M
Net Profit
EBS
EBS
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$-54.6M
$24.8M
Q3 25
$51.2M
$23.2M
Q2 25
$-12.0M
$26.4M
Q1 25
$68.0M
$23.6M
Q4 24
$-31.3M
$16.4M
Q3 24
$114.8M
$22.4M
Q2 24
$-283.1M
$24.6M
Gross Margin
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
42.9%
Q3 25
62.8%
Q2 25
52.5%
Q1 25
60.2%
Q4 24
39.4%
Q3 24
54.9%
Q2 24
-18.8%
Operating Margin
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
-18.8%
29.0%
Q3 25
33.1%
26.4%
Q2 25
1.1%
31.2%
Q1 25
22.5%
30.9%
Q4 24
-4.9%
20.4%
Q3 24
22.0%
29.1%
Q2 24
-79.9%
32.3%
Net Margin
EBS
EBS
FSUN
FSUN
Q1 26
19.6%
Q4 25
-36.7%
22.5%
Q3 25
22.2%
21.6%
Q2 25
-8.5%
25.0%
Q1 25
30.6%
24.5%
Q4 24
-16.1%
16.6%
Q3 24
39.1%
22.8%
Q2 24
-111.2%
25.5%
EPS (diluted)
EBS
EBS
FSUN
FSUN
Q1 26
$0.76
Q4 25
$-0.95
$0.89
Q3 25
$0.91
$0.82
Q2 25
$-0.22
$0.93
Q1 25
$1.19
$0.83
Q4 24
$-0.45
$0.57
Q3 24
$2.06
$0.79
Q2 24
$-5.38
$0.88

Balance Sheet & Financial Strength

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

Metric
EBS
EBS
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$205.4M
$413.7M
Total DebtLower is stronger
$589.7M
Stockholders' EquityBook value
$522.6M
$1.2B
Total Assets
$1.3B
$8.6B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EBS
EBS
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$205.4M
$652.6M
Q3 25
$245.5M
$659.9M
Q2 25
$267.3M
$785.1M
Q1 25
$149.1M
$621.4M
Q4 24
$99.5M
$615.9M
Q3 24
$149.9M
$573.7M
Q2 24
$69.7M
$535.8M
Total Debt
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
$589.7M
Q3 25
$693.1M
Q2 25
$700.0M
Q1 25
$700.0M
Q4 24
$700.0M
Q3 24
$700.8M
Q2 24
$863.8M
Stockholders' Equity
EBS
EBS
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$522.6M
$1.2B
Q3 25
$582.5M
$1.1B
Q2 25
$536.2M
$1.1B
Q1 25
$552.7M
$1.1B
Q4 24
$482.8M
$1.0B
Q3 24
$508.4M
$1.0B
Q2 24
$386.3M
$996.6M
Total Assets
EBS
EBS
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$1.3B
$8.5B
Q3 25
$1.5B
$8.5B
Q2 25
$1.4B
$8.4B
Q1 25
$1.4B
$8.2B
Q4 24
$1.4B
$8.1B
Q3 24
$1.5B
$8.1B
Q2 24
$1.5B
$8.0B
Debt / Equity
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
1.13×
Q3 25
1.19×
Q2 25
1.31×
Q1 25
1.27×
Q4 24
1.45×
Q3 24
1.38×
Q2 24
2.24×

Cash Flow & Capital Efficiency

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

Metric
EBS
EBS
FSUN
FSUN
Operating Cash FlowLast quarter
$77.7M
Free Cash FlowOCF − Capex
$73.8M
FCF MarginFCF / Revenue
49.6%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$156.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
$77.7M
$111.5M
Q3 25
$-2.3M
$49.4M
Q2 25
$106.4M
$15.0M
Q1 25
$-11.2M
$26.4M
Q4 24
$-79.9M
$101.1M
Q3 24
$153.7M
$48.1M
Q2 24
$47.5M
$20.9M
Free Cash Flow
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
$73.8M
$104.0M
Q3 25
$-5.7M
$47.6M
Q2 25
$103.5M
$13.0M
Q1 25
$-14.8M
$24.3M
Q4 24
$-81.6M
$95.7M
Q3 24
$147.9M
$47.1M
Q2 24
$42.9M
$19.9M
FCF Margin
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
49.6%
94.3%
Q3 25
-2.5%
44.4%
Q2 25
73.5%
12.3%
Q1 25
-6.7%
25.3%
Q4 24
-41.9%
97.0%
Q3 24
50.3%
47.9%
Q2 24
16.8%
20.6%
Capex Intensity
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
2.6%
6.8%
Q3 25
1.5%
1.6%
Q2 25
2.1%
1.9%
Q1 25
1.6%
2.1%
Q4 24
0.9%
5.5%
Q3 24
2.0%
1.1%
Q2 24
1.8%
1.1%
Cash Conversion
EBS
EBS
FSUN
FSUN
Q1 26
Q4 25
4.49×
Q3 25
-0.04×
2.13×
Q2 25
0.57×
Q1 25
-0.16×
1.12×
Q4 24
6.18×
Q3 24
1.34×
2.15×
Q2 24
0.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EBS
EBS

Medical Countermeasures MCM Product$99.2M67%
Commercial Products Segment$38.4M26%
All Other Revenue$11.1M7%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

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