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Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.
FORUM ENERGY TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($202.2M vs $110.0M, roughly 1.8× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 1.0%, a 18.6% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -0.0%).
Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.
FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.
FET vs FSUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $202.2M | $110.0M |
| Net Profit | $2.1M | $21.6M |
| Gross Margin | 30.2% | — |
| Operating Margin | 6.3% | — |
| Net Margin | 1.0% | 19.6% |
| Revenue YoY | 0.6% | — |
| Net Profit YoY | 102.0% | -8.4% |
| EPS (diluted) | $0.25 | $0.76 |
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 | — | $110.0M | ||
| Q4 25 | $202.2M | $110.2M | ||
| Q3 25 | $196.2M | $107.3M | ||
| Q2 25 | $199.8M | $105.6M | ||
| Q1 25 | $193.3M | $96.2M | ||
| Q4 24 | $201.0M | $98.7M | ||
| Q3 24 | $207.8M | $98.2M | ||
| Q2 24 | $205.2M | $96.2M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $2.1M | $24.8M | ||
| Q3 25 | $-20.6M | $23.2M | ||
| Q2 25 | $7.7M | $26.4M | ||
| Q1 25 | $1.1M | $23.6M | ||
| Q4 24 | $-103.5M | $16.4M | ||
| Q3 24 | $-14.8M | $22.4M | ||
| Q2 24 | $-6.7M | $24.6M |
| Q1 26 | — | — | ||
| Q4 25 | 30.2% | — | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 29.7% | — | ||
| Q1 25 | 30.2% | — | ||
| Q4 24 | 31.1% | — | ||
| Q3 24 | 31.6% | — | ||
| Q2 24 | 30.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | 29.0% | ||
| Q3 25 | -3.1% | 26.4% | ||
| Q2 25 | 7.4% | 31.2% | ||
| Q1 25 | 4.6% | 30.9% | ||
| Q4 24 | -53.1% | 20.4% | ||
| Q3 24 | 4.3% | 29.1% | ||
| Q2 24 | 3.9% | 32.3% |
| Q1 26 | — | 19.6% | ||
| Q4 25 | 1.0% | 22.5% | ||
| Q3 25 | -10.5% | 21.6% | ||
| Q2 25 | 3.9% | 25.0% | ||
| Q1 25 | 0.6% | 24.5% | ||
| Q4 24 | -51.5% | 16.6% | ||
| Q3 24 | -7.1% | 22.8% | ||
| Q2 24 | -3.3% | 25.5% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.25 | $0.89 | ||
| Q3 25 | $-1.76 | $0.82 | ||
| Q2 25 | $0.61 | $0.93 | ||
| Q1 25 | $0.09 | $0.83 | ||
| Q4 24 | $-8.41 | $0.57 | ||
| Q3 24 | $-1.20 | $0.79 | ||
| Q2 24 | $-0.54 | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.7M | $413.7M |
| Total DebtLower is stronger | $135.9M | — |
| Stockholders' EquityBook value | $291.1M | $1.2B |
| Total Assets | $752.5M | $8.6B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $413.7M | ||
| Q4 25 | $34.7M | $652.6M | ||
| Q3 25 | $31.7M | $659.9M | ||
| Q2 25 | $39.0M | $785.1M | ||
| Q1 25 | $31.1M | $621.4M | ||
| Q4 24 | $44.7M | $615.9M | ||
| Q3 24 | $33.3M | $573.7M | ||
| Q2 24 | $31.8M | $535.8M |
| Q1 26 | — | — | ||
| Q4 25 | $135.9M | — | ||
| Q3 25 | $140.0M | — | ||
| Q2 25 | $159.3M | — | ||
| Q1 25 | $171.4M | — | ||
| Q4 24 | $188.4M | — | ||
| Q3 24 | $231.5M | — | ||
| Q2 24 | $252.9M | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $291.1M | $1.2B | ||
| Q3 25 | $297.3M | $1.1B | ||
| Q2 25 | $334.2M | $1.1B | ||
| Q1 25 | $320.0M | $1.1B | ||
| Q4 24 | $319.9M | $1.0B | ||
| Q3 24 | $443.5M | $1.0B | ||
| Q2 24 | $442.0M | $996.6M |
| Q1 26 | — | $8.6B | ||
| Q4 25 | $752.5M | $8.5B | ||
| Q3 25 | $770.1M | $8.5B | ||
| Q2 25 | $810.1M | $8.4B | ||
| Q1 25 | $790.1M | $8.2B | ||
| Q4 24 | $816.0M | $8.1B | ||
| Q3 24 | $973.7M | $8.1B | ||
| Q2 24 | $976.8M | $8.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.54× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.57× | — |
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 | $22.4M | — |
| Free Cash FlowOCF − Capex | $20.9M | — |
| FCF MarginFCF / Revenue | 10.3% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 10.83× | — |
| TTM Free Cash FlowTrailing 4 quarters | $64.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $22.4M | $111.5M | ||
| Q3 25 | $22.9M | $49.4M | ||
| Q2 25 | $15.8M | $15.0M | ||
| Q1 25 | $9.3M | $26.4M | ||
| Q4 24 | $38.5M | $101.1M | ||
| Q3 24 | $25.6M | $48.1M | ||
| Q2 24 | $23.1M | $20.9M |
| Q1 26 | — | — | ||
| Q4 25 | $20.9M | $104.0M | ||
| Q3 25 | $21.5M | $47.6M | ||
| Q2 25 | $14.8M | $13.0M | ||
| Q1 25 | $7.2M | $24.3M | ||
| Q4 24 | $36.1M | $95.7M | ||
| Q3 24 | $24.3M | $47.1M | ||
| Q2 24 | $21.6M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 10.3% | 94.3% | ||
| Q3 25 | 10.9% | 44.4% | ||
| Q2 25 | 7.4% | 12.3% | ||
| Q1 25 | 3.7% | 25.3% | ||
| Q4 24 | 18.0% | 97.0% | ||
| Q3 24 | 11.7% | 47.9% | ||
| Q2 24 | 10.5% | 20.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 6.8% | ||
| Q3 25 | 0.7% | 1.6% | ||
| Q2 25 | 0.5% | 1.9% | ||
| Q1 25 | 1.1% | 2.1% | ||
| Q4 24 | 1.2% | 5.5% | ||
| Q3 24 | 0.6% | 1.1% | ||
| Q2 24 | 0.7% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 10.83× | 4.49× | ||
| Q3 25 | — | 2.13× | ||
| Q2 25 | 2.05× | 0.57× | ||
| Q1 25 | 8.31× | 1.12× | ||
| Q4 24 | — | 6.18× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | — | 0.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FET
| Drilling And Completions Segment | $127.2M | 63% |
| Artificial Lift And Downhole Segment | $75.5M | 37% |
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
