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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and INSMED Inc (INSM). Click either name above to swap in a different company.

INSMED Inc is the larger business by last-quarter revenue ($263.8M vs $133.7M, roughly 2.0× FIRST COMMONWEALTH FINANCIAL CORP). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs -124.5%, a 152.6% gap on every dollar of revenue. On growth, INSMED Inc posted the faster year-over-year revenue change (152.6% vs 13.0%). Over the past eight quarters, INSMED Inc's revenue compounded faster (86.9% 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.

Insmed Inc. is a global biopharmaceutical firm focused on developing and commercializing innovative therapies for patients with serious rare diseases that have high unmet medical needs. Its key offerings target pulmonary and endocrine rare disorders, serving markets across North America, Europe, and Asia Pacific.

FCF vs INSM — Head-to-Head

Bigger by revenue
INSM
INSM
2.0× larger
INSM
$263.8M
$133.7M
FCF
Growing faster (revenue YoY)
INSM
INSM
+139.7% gap
INSM
152.6%
13.0%
FCF
Higher net margin
FCF
FCF
152.6% more per $
FCF
28.1%
-124.5%
INSM
Faster 2-yr revenue CAGR
INSM
INSM
Annualised
INSM
86.9%
5.5%
FCF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCF
FCF
INSM
INSM
Revenue
$133.7M
$263.8M
Net Profit
$37.5M
$-328.5M
Gross Margin
83.2%
Operating Margin
-121.2%
Net Margin
28.1%
-124.5%
Revenue YoY
13.0%
152.6%
Net Profit YoY
14.8%
-39.5%
EPS (diluted)
$0.37
$-1.55

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
FCF
FCF
INSM
INSM
Q1 26
$133.7M
Q4 25
$137.9M
$263.8M
Q3 25
$136.0M
$142.3M
Q2 25
$131.0M
$107.4M
Q1 25
$118.0M
$92.8M
Q4 24
$120.4M
$104.4M
Q3 24
$121.2M
$93.4M
Q2 24
$120.2M
$90.3M
Net Profit
FCF
FCF
INSM
INSM
Q1 26
$37.5M
Q4 25
$44.9M
$-328.5M
Q3 25
$41.3M
$-370.0M
Q2 25
$33.4M
$-321.7M
Q1 25
$32.7M
$-256.6M
Q4 24
$35.8M
$-235.5M
Q3 24
$32.1M
$-220.5M
Q2 24
$37.1M
$-300.6M
Gross Margin
FCF
FCF
INSM
INSM
Q1 26
Q4 25
83.2%
Q3 25
79.4%
Q2 25
73.9%
Q1 25
77.1%
Q4 24
75.0%
Q3 24
77.3%
Q2 24
76.8%
Operating Margin
FCF
FCF
INSM
INSM
Q1 26
Q4 25
40.9%
-121.2%
Q3 25
38.1%
-257.1%
Q2 25
32.1%
-291.3%
Q1 25
34.8%
-267.3%
Q4 24
37.1%
-220.6%
Q3 24
33.4%
-228.4%
Q2 24
38.7%
-319.8%
Net Margin
FCF
FCF
INSM
INSM
Q1 26
28.1%
Q4 25
32.5%
-124.5%
Q3 25
30.4%
-260.0%
Q2 25
25.5%
-299.5%
Q1 25
27.7%
-276.4%
Q4 24
29.8%
-225.5%
Q3 24
26.5%
-236.0%
Q2 24
30.9%
-332.8%
EPS (diluted)
FCF
FCF
INSM
INSM
Q1 26
$0.37
Q4 25
$0.44
$-1.55
Q3 25
$0.39
$-1.75
Q2 25
$0.32
$-1.70
Q1 25
$0.32
$-1.42
Q4 24
$0.35
$-1.30
Q3 24
$0.31
$-1.27
Q2 24
$0.36
$-1.94

Balance Sheet & Financial Strength

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

Metric
FCF
FCF
INSM
INSM
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$154.9M
$546.8M
Stockholders' EquityBook value
$1.6B
$739.0M
Total Assets
$12.3B
$2.3B
Debt / EquityLower = less leverage
0.10×
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
INSM
INSM
Q1 26
Q4 25
$1.4B
Q3 25
$1.7B
Q2 25
$1.9B
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$1.2B
Total Debt
FCF
FCF
INSM
INSM
Q1 26
$154.9M
Q4 25
$261.7M
$546.8M
Q3 25
$262.1M
$546.8M
Q2 25
$262.4M
$546.8M
Q1 25
$262.7M
$1.1B
Q4 24
$263.0M
$1.1B
Q3 24
$136.3M
$971.8M
Q2 24
$136.6M
$1.2B
Stockholders' Equity
FCF
FCF
INSM
INSM
Q1 26
$1.6B
Q4 25
$1.6B
$739.0M
Q3 25
$1.5B
$945.6M
Q2 25
$1.5B
$1.2B
Q1 25
$1.4B
$99.2M
Q4 24
$1.4B
$285.4M
Q3 24
$1.4B
$483.4M
Q2 24
$1.4B
$38.8M
Total Assets
FCF
FCF
INSM
INSM
Q1 26
$12.3B
Q4 25
$12.3B
$2.3B
Q3 25
$12.3B
$2.4B
Q2 25
$12.2B
$2.5B
Q1 25
$11.8B
$1.8B
Q4 24
$11.6B
$2.0B
Q3 24
$12.0B
$2.1B
Q2 24
$11.6B
$1.8B
Debt / Equity
FCF
FCF
INSM
INSM
Q1 26
0.10×
Q4 25
0.17×
0.74×
Q3 25
0.17×
0.58×
Q2 25
0.17×
0.44×
Q1 25
0.18×
11.31×
Q4 24
0.19×
3.93×
Q3 24
0.10×
2.01×
Q2 24
0.10×
30.66×

Cash Flow & Capital Efficiency

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

Metric
FCF
FCF
INSM
INSM
Operating Cash FlowLast quarter
$-247.6M
Free Cash FlowOCF − Capex
$-264.2M
FCF MarginFCF / Revenue
-100.1%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-967.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCF
FCF
INSM
INSM
Q1 26
Q4 25
$187.5M
$-247.6M
Q3 25
$49.5M
$-219.8M
Q2 25
$30.4M
$-205.6M
Q1 25
$55.9M
$-262.1M
Q4 24
$129.5M
$-196.0M
Q3 24
$53.6M
$-180.9M
Q2 24
$22.7M
$-123.0M
Free Cash Flow
FCF
FCF
INSM
INSM
Q1 26
Q4 25
$171.5M
$-264.2M
Q3 25
$-222.2M
Q2 25
$-209.1M
Q1 25
$-272.2M
Q4 24
$113.9M
$-202.8M
Q3 24
$-184.6M
Q2 24
$-129.7M
FCF Margin
FCF
FCF
INSM
INSM
Q1 26
Q4 25
124.3%
-100.1%
Q3 25
-156.1%
Q2 25
-194.6%
Q1 25
-293.2%
Q4 24
94.6%
-194.1%
Q3 24
-197.6%
Q2 24
-143.6%
Capex Intensity
FCF
FCF
INSM
INSM
Q1 26
Q4 25
11.7%
6.3%
Q3 25
1.7%
Q2 25
3.2%
Q1 25
10.8%
Q4 24
12.9%
6.5%
Q3 24
3.9%
Q2 24
7.5%
Cash Conversion
FCF
FCF
INSM
INSM
Q1 26
Q4 25
4.18×
Q3 25
1.20×
Q2 25
0.91×
Q1 25
1.71×
Q4 24
3.61×
Q3 24
1.67×
Q2 24
0.61×

Financial Flow Comparison

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

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