vs

Side-by-side financial comparison of FB Bancorp, Inc. (FBLA) and Virgin Galactic Holdings, Inc (SPCE). Click either name above to swap in a different company.

FB Bancorp, Inc. is the larger business by last-quarter revenue ($8.4M vs $4.2M, roughly 2.0× Virgin Galactic Holdings, Inc). FB Bancorp, Inc. runs the higher net margin — -16.7% vs -2222.2%, a 2205.4% gap on every dollar of revenue. FB Bancorp, Inc. produced more free cash flow last quarter ($-3.9M vs $-113.5M).

FB Bancorp, Inc. (Maryland) is a US-based bank holding company that provides commercial and retail banking services. Its core offerings include deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual consumers and small-to-medium enterprises in local Maryland communities.

Virgin Galactic Holdings, Inc. is a British-American spaceflight company founded by Richard Branson and the Virgin Group conglomerate, which retains an 11.9% stake through Virgin Investments Limited.

FBLA vs SPCE — Head-to-Head

Bigger by revenue
FBLA
FBLA
2.0× larger
FBLA
$8.4M
$4.2M
SPCE
Higher net margin
FBLA
FBLA
2205.4% more per $
FBLA
-16.7%
-2222.2%
SPCE
More free cash flow
FBLA
FBLA
$109.6M more FCF
FBLA
$-3.9M
$-113.5M
SPCE

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
FBLA
FBLA
SPCE
SPCE
Revenue
$8.4M
$4.2M
Net Profit
$-1.4M
$-93.8M
Gross Margin
-546.6%
Operating Margin
17.8%
-2412.1%
Net Margin
-16.7%
-2222.2%
Revenue YoY
125.5%
Net Profit YoY
30.2%
EPS (diluted)
$-0.08
$-4.36

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
FBLA
FBLA
SPCE
SPCE
Q4 25
$8.4M
Q3 25
$18.7M
Q2 25
$18.1M
Q1 25
$17.2M
Q3 24
$16.8M
Q2 24
$18.2M
$4.2M
Q1 24
$2.0M
Q4 23
$2.8M
Net Profit
FBLA
FBLA
SPCE
SPCE
Q4 25
$-1.4M
Q3 25
$1.1M
Q2 25
$879.0K
Q1 25
$705.0K
Q3 24
$-895.0K
Q2 24
$849.0K
$-93.8M
Q1 24
$-102.0M
Q4 23
$-104.0M
Gross Margin
FBLA
FBLA
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
-546.6%
Q1 24
-1038.1%
Q4 23
-766.4%
Operating Margin
FBLA
FBLA
SPCE
SPCE
Q4 25
17.8%
Q3 25
7.1%
Q2 25
6.1%
Q1 25
5.1%
Q3 24
-6.8%
Q2 24
6.0%
-2412.1%
Q1 24
-5599.9%
Q4 23
-4067.8%
Net Margin
FBLA
FBLA
SPCE
SPCE
Q4 25
-16.7%
Q3 25
5.8%
Q2 25
4.9%
Q1 25
4.1%
Q3 24
-5.3%
Q2 24
4.7%
-2222.2%
Q1 24
-5139.1%
Q4 23
-3701.8%
EPS (diluted)
FBLA
FBLA
SPCE
SPCE
Q4 25
$-0.08
Q3 25
$0.06
Q2 25
$0.05
Q1 25
$0.04
Q3 24
$0.00
Q2 24
$0.00
$-4.36
Q1 24
$-5.10
Q4 23
$-14.49

Balance Sheet & Financial Strength

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

Metric
FBLA
FBLA
SPCE
SPCE
Cash + ST InvestmentsLiquidity on hand
$60.3M
$775.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$314.4M
$394.8M
Total Assets
$1.3B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBLA
FBLA
SPCE
SPCE
Q4 25
$60.3M
Q3 25
$65.7M
Q2 25
$86.1M
Q1 25
$98.6M
Q3 24
$293.5M
Q2 24
$59.4M
$775.7M
Q1 24
$765.2M
Q4 23
$874.0M
Stockholders' Equity
FBLA
FBLA
SPCE
SPCE
Q4 25
$314.4M
Q3 25
$338.2M
Q2 25
$332.1M
Q1 25
$331.4M
Q3 24
$161.5M
Q2 24
$155.7M
$394.8M
Q1 24
$417.6M
Q4 23
$505.5M
Total Assets
FBLA
FBLA
SPCE
SPCE
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q3 24
$1.4B
Q2 24
$1.2B
$1.1B
Q1 24
$1.1B
Q4 23
$1.2B

Cash Flow & Capital Efficiency

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

Metric
FBLA
FBLA
SPCE
SPCE
Operating Cash FlowLast quarter
$2.8M
$-79.1M
Free Cash FlowOCF − Capex
$-3.9M
$-113.5M
FCF MarginFCF / Revenue
-46.3%
-2690.7%
Capex IntensityCapex / Revenue
79.0%
815.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-21.6M
$-458.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBLA
FBLA
SPCE
SPCE
Q4 25
$2.8M
Q3 25
$-16.8M
Q2 25
$-1.7M
Q1 25
$7.0M
Q3 24
$215.0K
Q2 24
$-79.1M
Q1 24
$-113.2M
Q4 23
$-95.3M
Free Cash Flow
FBLA
FBLA
SPCE
SPCE
Q4 25
$-3.9M
Q3 25
$-18.3M
Q2 25
$-3.4M
Q1 25
$4.0M
Q3 24
$-1.2M
Q2 24
$-113.5M
Q1 24
$-126.3M
Q4 23
$-113.7M
FCF Margin
FBLA
FBLA
SPCE
SPCE
Q4 25
-46.3%
Q3 25
-97.7%
Q2 25
-18.7%
Q1 25
23.2%
Q3 24
-7.1%
Q2 24
-2690.7%
Q1 24
-6362.8%
Q4 23
-4046.9%
Capex Intensity
FBLA
FBLA
SPCE
SPCE
Q4 25
79.0%
Q3 25
7.8%
Q2 25
9.5%
Q1 25
17.7%
Q3 24
8.4%
Q2 24
815.5%
Q1 24
658.5%
Q4 23
653.9%
Cash Conversion
FBLA
FBLA
SPCE
SPCE
Q4 25
Q3 25
-15.59×
Q2 25
-1.89×
Q1 25
9.98×
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Related Comparisons