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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and Flywire Corp (FLYW). Click either name above to swap in a different company.
Flywire Corp is the larger business by last-quarter revenue ($157.5M vs $133.7M, roughly 1.2× FIRST COMMONWEALTH FINANCIAL CORP). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs 0.0%, a 28.1% gap on every dollar of revenue. On growth, Flywire Corp posted the faster year-over-year revenue change (34.0% vs 13.0%). Over the past eight quarters, Flywire Corp's revenue compounded faster (17.5% CAGR vs 5.5%).
First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.
Flywire Corp is a global payment and receivables solutions provider serving core verticals including education, healthcare, travel, and B2B commerce. It offers secure cross-border payment processing, currency conversion, and workflow tools for organizations and payers worldwide.
FCF vs FLYW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $133.7M | $157.5M |
| Net Profit | $37.5M | $33.0K |
| Gross Margin | — | — |
| Operating Margin | — | -0.6% |
| Net Margin | 28.1% | 0.0% |
| Revenue YoY | 13.0% | 34.0% |
| Net Profit YoY | 14.8% | 100.2% |
| EPS (diluted) | $0.37 | $0.01 |
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 | $133.7M | — | ||
| Q4 25 | $137.9M | $157.5M | ||
| Q3 25 | $136.0M | $200.1M | ||
| Q2 25 | $131.0M | $131.9M | ||
| Q1 25 | $118.0M | $133.5M | ||
| Q4 24 | $120.4M | $117.5M | ||
| Q3 24 | $121.2M | $156.8M | ||
| Q2 24 | $120.2M | $103.7M |
| Q1 26 | $37.5M | — | ||
| Q4 25 | $44.9M | $33.0K | ||
| Q3 25 | $41.3M | $29.6M | ||
| Q2 25 | $33.4M | $-12.0M | ||
| Q1 25 | $32.7M | $-4.2M | ||
| Q4 24 | $35.8M | $-15.9M | ||
| Q3 24 | $32.1M | $38.9M | ||
| Q2 24 | $37.1M | $-13.9M |
| Q1 26 | — | — | ||
| Q4 25 | 40.9% | -0.6% | ||
| Q3 25 | 38.1% | 16.1% | ||
| Q2 25 | 32.1% | -6.8% | ||
| Q1 25 | 34.8% | -8.2% | ||
| Q4 24 | 37.1% | -4.9% | ||
| Q3 24 | 33.4% | 12.9% | ||
| Q2 24 | 38.7% | -15.2% |
| Q1 26 | 28.1% | — | ||
| Q4 25 | 32.5% | 0.0% | ||
| Q3 25 | 30.4% | 14.8% | ||
| Q2 25 | 25.5% | -9.1% | ||
| Q1 25 | 27.7% | -3.1% | ||
| Q4 24 | 29.8% | -13.5% | ||
| Q3 24 | 26.5% | 24.8% | ||
| Q2 24 | 30.9% | -13.4% |
| Q1 26 | $0.37 | — | ||
| Q4 25 | $0.44 | $0.01 | ||
| Q3 25 | $0.39 | $0.23 | ||
| Q2 25 | $0.32 | $-0.10 | ||
| Q1 25 | $0.32 | $-0.03 | ||
| Q4 24 | $0.35 | $-0.12 | ||
| Q3 24 | $0.31 | $0.30 | ||
| Q2 24 | $0.36 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $355.0M |
| Total DebtLower is stronger | $154.9M | — |
| Stockholders' EquityBook value | $1.6B | $835.2M |
| Total Assets | $12.3B | $1.3B |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $355.0M | ||
| Q3 25 | — | $377.3M | ||
| Q2 25 | — | $274.2M | ||
| Q1 25 | — | $255.3M | ||
| Q4 24 | — | $611.1M | ||
| Q3 24 | — | $681.1M | ||
| Q2 24 | — | $571.0M |
| Q1 26 | $154.9M | — | ||
| Q4 25 | $261.7M | — | ||
| Q3 25 | $262.1M | $15.0M | ||
| Q2 25 | $262.4M | $60.0M | ||
| Q1 25 | $262.7M | $60.0M | ||
| Q4 24 | $263.0M | $0 | ||
| Q3 24 | $136.3M | — | ||
| Q2 24 | $136.6M | — |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $835.2M | ||
| Q3 25 | $1.5B | $829.1M | ||
| Q2 25 | $1.5B | $792.4M | ||
| Q1 25 | $1.4B | $784.3M | ||
| Q4 24 | $1.4B | $814.8M | ||
| Q3 24 | $1.4B | $843.2M | ||
| Q2 24 | $1.4B | $802.6M |
| Q1 26 | $12.3B | — | ||
| Q4 25 | $12.3B | $1.3B | ||
| Q3 25 | $12.3B | $1.3B | ||
| Q2 25 | $12.2B | $1.1B | ||
| Q1 25 | $11.8B | $1.1B | ||
| Q4 24 | $11.6B | $1.1B | ||
| Q3 24 | $12.0B | $1.2B | ||
| Q2 24 | $11.6B | $998.7M |
| Q1 26 | 0.10× | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | 0.02× | ||
| Q2 25 | 0.17× | 0.08× | ||
| Q1 25 | 0.18× | 0.08× | ||
| Q4 24 | 0.19× | 0.00× | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.10× | — |
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 | — | $4.9M |
| Free Cash FlowOCF − Capex | — | $4.5M |
| FCF MarginFCF / Revenue | — | 2.9% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | 148.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | $98.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $187.5M | $4.9M | ||
| Q3 25 | $49.5M | $150.1M | ||
| Q2 25 | $30.4M | $24.1M | ||
| Q1 25 | $55.9M | $-78.9M | ||
| Q4 24 | $129.5M | $-28.6M | ||
| Q3 24 | $53.6M | $184.6M | ||
| Q2 24 | $22.7M | $-19.3M |
| Q1 26 | — | — | ||
| Q4 25 | $171.5M | $4.5M | ||
| Q3 25 | — | $149.9M | ||
| Q2 25 | — | $23.5M | ||
| Q1 25 | — | $-79.1M | ||
| Q4 24 | $113.9M | $-28.7M | ||
| Q3 24 | — | $184.4M | ||
| Q2 24 | — | $-19.7M |
| Q1 26 | — | — | ||
| Q4 25 | 124.3% | 2.9% | ||
| Q3 25 | — | 74.9% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | -59.3% | ||
| Q4 24 | 94.6% | -24.4% | ||
| Q3 24 | — | 117.6% | ||
| Q2 24 | — | -19.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 12.9% | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.18× | 148.06× | ||
| Q3 25 | 1.20× | 5.07× | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 1.71× | — | ||
| Q4 24 | 3.61× | — | ||
| Q3 24 | 1.67× | 4.75× | ||
| Q2 24 | 0.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCF
Segment breakdown not available.
FLYW
| Transactions | $126.4M | 80% |
| Platform And Other Revenues | $31.1M | 20% |
