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

TheRealReal, Inc. is the larger business by last-quarter revenue ($194.1M vs $164.7M, roughly 1.2× FIRST FINANCIAL BANKSHARES INC). On growth, TheRealReal, Inc. posted the faster year-over-year revenue change (18.3% vs 12.0%). FIRST FINANCIAL BANKSHARES INC produced more free cash flow last quarter ($286.0M vs $45.8M). Over the past eight quarters, TheRealReal, Inc.'s revenue compounded faster (16.2% CAGR vs 12.7%).

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.

The RealReal, Inc. is an online marketplace for users to buy and sell luxury goods that are authenticated by experts. It has more than 38 million members, and has sold nearly 40 million items as of Sept. 30, 2023.

FFIN vs REAL — Head-to-Head

Bigger by revenue
REAL
REAL
1.2× larger
REAL
$194.1M
$164.7M
FFIN
Growing faster (revenue YoY)
REAL
REAL
+6.3% gap
REAL
18.3%
12.0%
FFIN
More free cash flow
FFIN
FFIN
$240.2M more FCF
FFIN
$286.0M
$45.8M
REAL
Faster 2-yr revenue CAGR
REAL
REAL
Annualised
REAL
16.2%
12.7%
FFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFIN
FFIN
REAL
REAL
Revenue
$164.7M
$194.1M
Net Profit
$73.3M
Gross Margin
74.8%
Operating Margin
54.4%
3.2%
Net Margin
44.5%
Revenue YoY
12.0%
18.3%
Net Profit YoY
17.6%
EPS (diluted)
$0.51
$0.06

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
REAL
REAL
Q4 25
$164.7M
$194.1M
Q3 25
$161.3M
$173.6M
Q2 25
$156.6M
$165.2M
Q1 25
$149.0M
$160.0M
Q4 24
$147.1M
$164.0M
Q3 24
$139.5M
$147.8M
Q2 24
$134.5M
$144.9M
Q1 24
$129.6M
$143.8M
Net Profit
FFIN
FFIN
REAL
REAL
Q4 25
$73.3M
Q3 25
$52.3M
$-54.1M
Q2 25
$66.7M
$-11.4M
Q1 25
$61.3M
$62.4M
Q4 24
$62.3M
Q3 24
$55.3M
$-17.9M
Q2 24
$52.5M
$-16.7M
Q1 24
$53.4M
$-31.1M
Gross Margin
FFIN
FFIN
REAL
REAL
Q4 25
74.8%
Q3 25
74.3%
Q2 25
74.3%
Q1 25
75.0%
Q4 24
74.4%
Q3 24
74.9%
Q2 24
74.1%
Q1 24
74.6%
Operating Margin
FFIN
FFIN
REAL
REAL
Q4 25
54.4%
3.2%
Q3 25
39.2%
-4.3%
Q2 25
52.2%
-6.0%
Q1 25
50.4%
-8.0%
Q4 24
51.7%
-3.1%
Q3 24
48.3%
-9.9%
Q2 24
47.3%
-13.0%
Q1 24
50.0%
-12.5%
Net Margin
FFIN
FFIN
REAL
REAL
Q4 25
44.5%
Q3 25
32.4%
-31.1%
Q2 25
42.6%
-6.9%
Q1 25
41.2%
39.0%
Q4 24
42.4%
Q3 24
39.7%
-12.1%
Q2 24
39.0%
-11.5%
Q1 24
41.2%
-21.6%
EPS (diluted)
FFIN
FFIN
REAL
REAL
Q4 25
$0.51
$0.06
Q3 25
$0.36
$-0.49
Q2 25
$0.47
$-0.13
Q1 25
$0.43
$-0.14
Q4 24
$0.43
$-0.57
Q3 24
$0.39
$-0.17
Q2 24
$0.37
$-0.20
Q1 24
$0.37
$-0.30

Balance Sheet & Financial Strength

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

Metric
FFIN
FFIN
REAL
REAL
Cash + ST InvestmentsLiquidity on hand
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$-415.5M
Total Assets
$15.4B
$409.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIN
FFIN
REAL
REAL
Q4 25
$151.2M
Q3 25
$108.4M
Q2 25
$94.3M
Q1 25
$139.6M
Q4 24
$172.2M
Q3 24
$153.2M
Q2 24
$150.7M
Q1 24
$166.0M
Stockholders' Equity
FFIN
FFIN
REAL
REAL
Q4 25
$1.9B
$-415.5M
Q3 25
$1.8B
$-385.1M
Q2 25
$1.7B
$-338.2M
Q1 25
$1.7B
$-336.1M
Q4 24
$1.6B
$-407.4M
Q3 24
$1.7B
$-345.4M
Q2 24
$1.5B
$-335.3M
Q1 24
$1.5B
$-327.1M
Total Assets
FFIN
FFIN
REAL
REAL
Q4 25
$15.4B
$409.0M
Q3 25
$14.8B
$366.2M
Q2 25
$14.4B
$349.4M
Q1 25
$14.3B
$400.4M
Q4 24
$14.0B
$423.1M
Q3 24
$13.6B
$406.3M
Q2 24
$13.2B
$407.4M
Q1 24
$13.2B
$431.6M

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
REAL
REAL
Operating Cash FlowLast quarter
$299.4M
$49.5M
Free Cash FlowOCF − Capex
$286.0M
$45.8M
FCF MarginFCF / Revenue
173.6%
23.6%
Capex IntensityCapex / Revenue
8.2%
1.9%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$503.1M
$18.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIN
FFIN
REAL
REAL
Q4 25
$299.4M
$49.5M
Q3 25
$86.5M
$19.3M
Q2 25
$61.3M
$-3.6M
Q1 25
$76.8M
$-28.3M
Q4 24
$309.6M
$28.0M
Q3 24
$80.7M
$9.1M
Q2 24
$68.8M
$-6.8M
Q1 24
$75.6M
$-3.5M
Free Cash Flow
FFIN
FFIN
REAL
REAL
Q4 25
$286.0M
$45.8M
Q3 25
$83.7M
$16.9M
Q2 25
$58.7M
$-11.4M
Q1 25
$74.7M
$-33.0M
Q4 24
$292.9M
$22.9M
Q3 24
$77.7M
$5.0M
Q2 24
$63.8M
$-9.8M
Q1 24
$71.7M
$-5.6M
FCF Margin
FFIN
FFIN
REAL
REAL
Q4 25
173.6%
23.6%
Q3 25
51.9%
9.7%
Q2 25
37.5%
-6.9%
Q1 25
50.1%
-20.6%
Q4 24
199.1%
14.0%
Q3 24
55.7%
3.4%
Q2 24
47.4%
-6.7%
Q1 24
55.3%
-3.9%
Capex Intensity
FFIN
FFIN
REAL
REAL
Q4 25
8.2%
1.9%
Q3 25
1.7%
1.4%
Q2 25
1.6%
4.7%
Q1 25
1.4%
2.9%
Q4 24
11.4%
3.1%
Q3 24
2.2%
2.7%
Q2 24
3.7%
2.1%
Q1 24
3.0%
1.5%
Cash Conversion
FFIN
FFIN
REAL
REAL
Q4 25
4.08×
Q3 25
1.65×
Q2 25
0.92×
Q1 25
1.25×
-0.45×
Q4 24
4.97×
Q3 24
1.46×
Q2 24
1.31×
Q1 24
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FFIN
FFIN

Segment breakdown not available.

REAL
REAL

Services$149.0M77%
Products$27.2M14%
Shipping And Handling$17.8M9%

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