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Side-by-side financial comparison of FIRST FINANCIAL BANKSHARES INC (FFIN) and FORMFACTOR INC (FORM). Click either name above to swap in a different company.

FORMFACTOR INC is the larger business by last-quarter revenue ($226.1M vs $164.7M, roughly 1.4× FIRST FINANCIAL BANKSHARES INC). FIRST FINANCIAL BANKSHARES INC runs the higher net margin — 44.5% vs 9.0%, a 35.5% gap on every dollar of revenue. On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs 12.0%). FIRST FINANCIAL BANKSHARES INC produced more free cash flow last quarter ($286.0M vs $30.7M). Over the past eight quarters, FIRST FINANCIAL BANKSHARES INC's revenue compounded faster (12.7% CAGR vs 7.0%).

First Financial Bank is a regional bank operated by First Financial Corporation and based in Terre Haute, Indiana. It is the oldest national bank in Indiana and the fifth oldest national bank in the United States. First Financial Corporation is Vigo County's only publicly traded company.

Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.

FFIN vs FORM — Head-to-Head

Bigger by revenue
FORM
FORM
1.4× larger
FORM
$226.1M
$164.7M
FFIN
Growing faster (revenue YoY)
FORM
FORM
+20.0% gap
FORM
32.0%
12.0%
FFIN
Higher net margin
FFIN
FFIN
35.5% more per $
FFIN
44.5%
9.0%
FORM
More free cash flow
FFIN
FFIN
$255.3M more FCF
FFIN
$286.0M
$30.7M
FORM
Faster 2-yr revenue CAGR
FFIN
FFIN
Annualised
FFIN
12.7%
7.0%
FORM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FFIN
FFIN
FORM
FORM
Revenue
$164.7M
$226.1M
Net Profit
$73.3M
$20.4M
Gross Margin
38.4%
Operating Margin
54.4%
7.4%
Net Margin
44.5%
9.0%
Revenue YoY
12.0%
32.0%
Net Profit YoY
17.6%
218.5%
EPS (diluted)
$0.51
$0.26

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
FFIN
FFIN
FORM
FORM
Q1 26
$226.1M
Q4 25
$164.7M
$215.2M
Q3 25
$161.3M
$202.7M
Q2 25
$156.6M
$195.8M
Q1 25
$149.0M
$171.4M
Q4 24
$147.1M
$189.5M
Q3 24
$139.5M
$207.9M
Q2 24
$134.5M
$197.5M
Net Profit
FFIN
FFIN
FORM
FORM
Q1 26
$20.4M
Q4 25
$73.3M
$23.2M
Q3 25
$52.3M
$15.7M
Q2 25
$66.7M
$9.1M
Q1 25
$61.3M
$6.4M
Q4 24
$62.3M
$9.7M
Q3 24
$55.3M
$18.7M
Q2 24
$52.5M
$19.4M
Gross Margin
FFIN
FFIN
FORM
FORM
Q1 26
38.4%
Q4 25
42.2%
Q3 25
39.8%
Q2 25
37.3%
Q1 25
37.7%
Q4 24
38.8%
Q3 24
40.7%
Q2 24
44.0%
Operating Margin
FFIN
FFIN
FORM
FORM
Q1 26
7.4%
Q4 25
54.4%
10.9%
Q3 25
39.2%
8.9%
Q2 25
52.2%
6.3%
Q1 25
50.4%
1.9%
Q4 24
51.7%
4.1%
Q3 24
48.3%
8.6%
Q2 24
47.3%
9.0%
Net Margin
FFIN
FFIN
FORM
FORM
Q1 26
9.0%
Q4 25
44.5%
10.8%
Q3 25
32.4%
7.7%
Q2 25
42.6%
4.6%
Q1 25
41.2%
3.7%
Q4 24
42.4%
5.1%
Q3 24
39.7%
9.0%
Q2 24
39.0%
9.8%
EPS (diluted)
FFIN
FFIN
FORM
FORM
Q1 26
$0.26
Q4 25
$0.51
$0.29
Q3 25
$0.36
$0.20
Q2 25
$0.47
$0.12
Q1 25
$0.43
$0.08
Q4 24
$0.43
$0.12
Q3 24
$0.39
$0.24
Q2 24
$0.37
$0.25

Balance Sheet & Financial Strength

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

Metric
FFIN
FFIN
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$123.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$1.1B
Total Assets
$15.4B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIN
FFIN
FORM
FORM
Q1 26
$123.5M
Q4 25
$103.3M
Q3 25
$266.0M
Q2 25
$249.3M
Q1 25
$299.0M
Q4 24
$360.0M
Q3 24
$354.5M
Q2 24
$357.6M
Total Debt
FFIN
FFIN
FORM
FORM
Q1 26
Q4 25
$12.2M
Q3 25
Q2 25
Q1 25
Q4 24
$13.3M
Q3 24
Q2 24
Stockholders' Equity
FFIN
FFIN
FORM
FORM
Q1 26
$1.1B
Q4 25
$1.9B
$1.0B
Q3 25
$1.8B
$1.0B
Q2 25
$1.7B
$990.0M
Q1 25
$1.7B
$965.9M
Q4 24
$1.6B
$947.8M
Q3 24
$1.7B
$955.0M
Q2 24
$1.5B
$947.9M
Total Assets
FFIN
FFIN
FORM
FORM
Q1 26
$1.3B
Q4 25
$15.4B
$1.2B
Q3 25
$14.8B
$1.2B
Q2 25
$14.4B
$1.2B
Q1 25
$14.3B
$1.2B
Q4 24
$14.0B
$1.1B
Q3 24
$13.6B
$1.2B
Q2 24
$13.2B
$1.2B
Debt / Equity
FFIN
FFIN
FORM
FORM
Q1 26
Q4 25
0.01×
Q3 25
Q2 25
Q1 25
Q4 24
0.01×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FFIN
FFIN
FORM
FORM
Operating Cash FlowLast quarter
$299.4M
$45.0M
Free Cash FlowOCF − Capex
$286.0M
$30.7M
FCF MarginFCF / Revenue
173.6%
13.6%
Capex IntensityCapex / Revenue
8.2%
6.7%
Cash ConversionOCF / Net Profit
4.08×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$503.1M
$37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIN
FFIN
FORM
FORM
Q1 26
$45.0M
Q4 25
$299.4M
$46.0M
Q3 25
$86.5M
$27.0M
Q2 25
$61.3M
$18.9M
Q1 25
$76.8M
$23.5M
Q4 24
$309.6M
$35.9M
Q3 24
$80.7M
$26.7M
Q2 24
$68.8M
$21.9M
Free Cash Flow
FFIN
FFIN
FORM
FORM
Q1 26
$30.7M
Q4 25
$286.0M
$34.7M
Q3 25
$83.7M
$19.5M
Q2 25
$58.7M
$-47.4M
Q1 25
$74.7M
$5.0M
Q4 24
$292.9M
$28.3M
Q3 24
$77.7M
$17.8M
Q2 24
$63.8M
$13.5M
FCF Margin
FFIN
FFIN
FORM
FORM
Q1 26
13.6%
Q4 25
173.6%
16.1%
Q3 25
51.9%
9.6%
Q2 25
37.5%
-24.2%
Q1 25
50.1%
2.9%
Q4 24
199.1%
14.9%
Q3 24
55.7%
8.6%
Q2 24
47.4%
6.8%
Capex Intensity
FFIN
FFIN
FORM
FORM
Q1 26
6.7%
Q4 25
8.2%
5.3%
Q3 25
1.7%
3.7%
Q2 25
1.6%
33.8%
Q1 25
1.4%
10.8%
Q4 24
11.4%
4.0%
Q3 24
2.2%
4.3%
Q2 24
3.7%
4.3%
Cash Conversion
FFIN
FFIN
FORM
FORM
Q1 26
2.21×
Q4 25
4.08×
1.98×
Q3 25
1.65×
1.72×
Q2 25
0.92×
2.08×
Q1 25
1.25×
3.68×
Q4 24
4.97×
3.70×
Q3 24
1.46×
1.43×
Q2 24
1.31×
1.13×

Financial Flow Comparison

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

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