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Side-by-side financial comparison of Fat Brands, Inc (FAT) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $140.0M, roughly 1.8× Fat Brands, Inc). WESBANCO INC runs the higher net margin — 34.5% vs -41.6%, a 76.0% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% CAGR vs -6.1%).
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
FAT vs WSBC — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $140.0M | $257.2M |
| Net Profit | $-58.2M | $88.6M |
| Gross Margin | — | — |
| Operating Margin | -12.4% | — |
| Net Margin | -41.6% | 34.5% |
| Revenue YoY | -2.3% | — |
| Net Profit YoY | -30.1% | 54.4% |
| EPS (diluted) | $-3.39 | $0.88 |
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.
| Q1 26 | — | $257.2M | ||
| Q4 25 | — | $265.6M | ||
| Q3 25 | $140.0M | $261.6M | ||
| Q2 25 | $146.8M | $260.7M | ||
| Q1 25 | $142.0M | $193.2M | ||
| Q4 24 | $145.3M | $162.9M | ||
| Q3 24 | $143.4M | $150.8M | ||
| Q2 24 | $152.0M | $147.9M |
| Q1 26 | — | $88.6M | ||
| Q4 25 | — | $91.1M | ||
| Q3 25 | $-58.2M | $83.6M | ||
| Q2 25 | $-54.2M | $57.4M | ||
| Q1 25 | $-46.0M | $-9.0M | ||
| Q4 24 | $-67.4M | $49.6M | ||
| Q3 24 | $-44.8M | $37.3M | ||
| Q2 24 | $-39.4M | $28.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 43.2% | ||
| Q3 25 | -12.4% | 39.5% | ||
| Q2 25 | -10.6% | 27.2% | ||
| Q1 25 | -6.0% | -5.0% | ||
| Q4 24 | -27.1% | 38.0% | ||
| Q3 24 | -6.2% | 29.7% | ||
| Q2 24 | -1.8% | 23.7% |
| Q1 26 | — | 34.5% | ||
| Q4 25 | — | 34.3% | ||
| Q3 25 | -41.6% | 31.9% | ||
| Q2 25 | -36.9% | 22.0% | ||
| Q1 25 | -32.4% | -4.7% | ||
| Q4 24 | -46.4% | 30.5% | ||
| Q3 24 | -31.2% | 24.7% | ||
| Q2 24 | -25.9% | 19.5% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | — | $0.97 | ||
| Q3 25 | $-3.39 | $0.84 | ||
| Q2 25 | $-3.17 | $0.57 | ||
| Q1 25 | $-2.73 | $-0.15 | ||
| Q4 24 | $-4.06 | $0.72 | ||
| Q3 24 | $-2.74 | $0.54 | ||
| Q2 24 | $-2.43 | $0.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $-585.8M | $4.1B |
| Total Assets | $1.2B | $27.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $956.1M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $568.1M | ||
| Q3 24 | — | $620.9M | ||
| Q2 24 | — | $486.8M |
| Q1 26 | — | — | ||
| 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 26 | — | $4.1B | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | $-585.8M | $4.1B | ||
| Q2 25 | $-536.5M | $3.8B | ||
| Q1 25 | $-493.9M | $3.8B | ||
| Q4 24 | $-455.7M | $2.8B | ||
| Q3 24 | $-386.1M | $2.8B | ||
| Q2 24 | $-338.6M | $2.5B |
| Q1 26 | — | $27.5B | ||
| Q4 25 | — | $27.7B | ||
| Q3 25 | $1.2B | $27.5B | ||
| Q2 25 | $1.2B | $27.6B | ||
| Q1 25 | $1.3B | $27.4B | ||
| Q4 24 | $1.3B | $18.7B | ||
| Q3 24 | $1.3B | $18.5B | ||
| Q2 24 | $1.4B | $18.1B |
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 | — |
| Free Cash FlowOCF − Capex | $-16.9M | — |
| FCF MarginFCF / Revenue | -12.1% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-75.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $290.4M | ||
| Q3 25 | $-14.5M | $116.9M | ||
| Q2 25 | $-26.9M | $105.0M | ||
| Q1 25 | $-13.2M | $-26.4M | ||
| Q4 24 | $-10.4M | $211.0M | ||
| Q3 24 | $-3.2M | $60.7M | ||
| Q2 24 | $-14.2M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $280.0M | ||
| Q3 25 | $-16.9M | $114.9M | ||
| Q2 25 | $-29.3M | $98.3M | ||
| Q1 25 | $-17.8M | $-30.7M | ||
| Q4 24 | $-11.0M | $200.7M | ||
| Q3 24 | $-11.1M | $56.9M | ||
| Q2 24 | $-24.4M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 105.4% | ||
| Q3 25 | -12.1% | 43.9% | ||
| Q2 25 | -20.0% | 37.7% | ||
| Q1 25 | -12.5% | -15.9% | ||
| Q4 24 | -7.6% | 123.2% | ||
| Q3 24 | -7.7% | 37.7% | ||
| Q2 24 | -16.1% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | 1.7% | 0.8% | ||
| Q2 25 | 1.6% | 2.6% | ||
| Q1 25 | 3.2% | 2.2% | ||
| Q4 24 | 0.4% | 6.3% | ||
| Q3 24 | 5.5% | 2.5% | ||
| Q2 24 | 6.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.25× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 0.63× |
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% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
