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Side-by-side financial comparison of Fat Brands, Inc (FAT) and TRICO BANCSHARES (TCBK). Click either name above to swap in a different company.
Fat Brands, Inc is the larger business by last-quarter revenue ($140.0M vs $109.4M, roughly 1.3× TRICO BANCSHARES ). TRICO BANCSHARES runs the higher net margin — 251.6% vs -41.6%, a 293.2% gap on every dollar of revenue. On growth, TRICO BANCSHARES posted the faster year-over-year revenue change (9.0% vs -2.3%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $-16.9M). Over the past eight quarters, TRICO BANCSHARES 's revenue compounded faster (5.4% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.
FAT vs TCBK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $109.4M |
| Net Profit | $-58.2M | $33.6M |
| Gross Margin | — | — |
| Operating Margin | -12.4% | 42.6% |
| Net Margin | -41.6% | 251.6% |
| Revenue YoY | -2.3% | 9.0% |
| Net Profit YoY | -30.1% | 15.8% |
| EPS (diluted) | $-3.39 | $1.02 |
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 | — | $109.4M | ||
| Q3 25 | $140.0M | $107.6M | ||
| Q2 25 | $146.8M | $103.6M | ||
| Q1 25 | $142.0M | $98.6M | ||
| Q4 24 | $145.3M | $100.4M | ||
| Q3 24 | $143.4M | $99.1M | ||
| Q2 24 | $152.0M | $97.9M | ||
| Q1 24 | $152.0M | $98.5M |
| Q4 25 | — | $33.6M | ||
| Q3 25 | $-58.2M | $34.0M | ||
| Q2 25 | $-54.2M | $27.5M | ||
| Q1 25 | $-46.0M | $26.4M | ||
| Q4 24 | $-67.4M | $29.0M | ||
| Q3 24 | $-44.8M | $29.1M | ||
| Q2 24 | $-39.4M | $29.0M | ||
| Q1 24 | $-38.3M | $27.7M |
| Q4 25 | — | 42.6% | ||
| Q3 25 | -12.4% | 43.2% | ||
| Q2 25 | -10.6% | 36.5% | ||
| Q1 25 | -6.0% | 35.8% | ||
| Q4 24 | -27.1% | 38.7% | ||
| Q3 24 | -6.2% | 39.8% | ||
| Q2 24 | -1.8% | 40.0% | ||
| Q1 24 | -0.9% | 38.3% |
| Q4 25 | — | 251.6% | ||
| Q3 25 | -41.6% | 31.6% | ||
| Q2 25 | -36.9% | 26.6% | ||
| Q1 25 | -32.4% | 26.7% | ||
| Q4 24 | -46.4% | 221.4% | ||
| Q3 24 | -31.2% | 29.3% | ||
| Q2 24 | -25.9% | 29.7% | ||
| Q1 24 | -25.2% | 28.2% |
| Q4 25 | — | $1.02 | ||
| Q3 25 | $-3.39 | $1.04 | ||
| Q2 25 | $-3.17 | $0.84 | ||
| Q1 25 | $-2.73 | $0.80 | ||
| Q4 24 | $-4.06 | $0.88 | ||
| Q3 24 | $-2.74 | $0.88 | ||
| Q2 24 | $-2.43 | $0.87 | ||
| Q1 24 | $-2.37 | $0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $157.0M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $1.3B |
| Total Assets | $1.2B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $157.0M | ||
| Q3 25 | — | $298.8M | ||
| Q2 25 | — | $314.3M | ||
| Q1 25 | — | $308.3M | ||
| Q4 24 | — | $145.0M | ||
| Q3 24 | — | $320.1M | ||
| Q2 24 | — | $206.6M | ||
| Q1 24 | — | $82.8M |
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $-585.8M | $1.3B | ||
| Q2 25 | $-536.5M | $1.3B | ||
| Q1 25 | $-493.9M | $1.3B | ||
| Q4 24 | $-455.7M | $1.2B | ||
| Q3 24 | $-386.1M | $1.2B | ||
| Q2 24 | $-338.6M | $1.2B | ||
| Q1 24 | $-296.8M | $1.2B |
| Q4 25 | — | $9.8B | ||
| Q3 25 | $1.2B | $9.9B | ||
| Q2 25 | $1.2B | $9.9B | ||
| Q1 25 | $1.3B | $9.8B | ||
| Q4 24 | $1.3B | $9.7B | ||
| Q3 24 | $1.3B | $9.8B | ||
| Q2 24 | $1.4B | $9.7B | ||
| Q1 24 | $1.4B | $9.8B |
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 | $-14.5M | $133.3M |
| Free Cash FlowOCF − Capex | $-16.9M | $127.9M |
| FCF MarginFCF / Revenue | -12.1% | 116.9% |
| Capex IntensityCapex / Revenue | 1.7% | 4.9% |
| Cash ConversionOCF / Net Profit | — | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | $222.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $133.3M | ||
| Q3 25 | $-14.5M | $45.1M | ||
| Q2 25 | $-26.9M | $29.2M | ||
| Q1 25 | $-13.2M | $24.5M | ||
| Q4 24 | $-10.4M | $109.7M | ||
| Q3 24 | $-3.2M | $28.6M | ||
| Q2 24 | $-14.2M | $31.8M | ||
| Q1 24 | $-28.4M | $25.1M |
| Q4 25 | — | $127.9M | ||
| Q3 25 | $-16.9M | $43.2M | ||
| Q2 25 | $-29.3M | $28.2M | ||
| Q1 25 | $-17.8M | $22.8M | ||
| Q4 24 | $-11.0M | $105.2M | ||
| Q3 24 | $-11.1M | $27.3M | ||
| Q2 24 | $-24.4M | $30.8M | ||
| Q1 24 | $-32.5M | $24.1M |
| Q4 25 | — | 116.9% | ||
| Q3 25 | -12.1% | 40.2% | ||
| Q2 25 | -20.0% | 27.2% | ||
| Q1 25 | -12.5% | 23.1% | ||
| Q4 24 | -7.6% | 104.8% | ||
| Q3 24 | -7.7% | 27.6% | ||
| Q2 24 | -16.1% | 31.5% | ||
| Q1 24 | -21.4% | 24.4% |
| Q4 25 | — | 4.9% | ||
| Q3 25 | 1.7% | 1.7% | ||
| Q2 25 | 1.6% | 1.0% | ||
| Q1 25 | 3.2% | 1.7% | ||
| Q4 24 | 0.4% | 4.5% | ||
| Q3 24 | 5.5% | 1.3% | ||
| Q2 24 | 6.7% | 1.0% | ||
| Q1 24 | 2.7% | 1.0% |
| Q4 25 | — | 3.96× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.06× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 3.78× | ||
| Q3 24 | — | 0.98× | ||
| Q2 24 | — | 1.10× | ||
| Q1 24 | — | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
TCBK
Segment breakdown not available.
