vs

Side-by-side financial comparison of First Foundation Inc. (FFWM) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.

VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $48.4M, roughly 1.8× First Foundation Inc.). VINCE HOLDING CORP. runs the higher net margin — 3.2% vs -97.9%, a 101.1% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 6.2%). VINCE HOLDING CORP. produced more free cash flow last quarter ($-5.7M vs $-35.2M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.

FFWM vs VNCE — Head-to-Head

Bigger by revenue
VNCE
VNCE
1.8× larger
VNCE
$85.1M
$48.4M
FFWM
Growing faster (revenue YoY)
FFWM
FFWM
+415.5% gap
FFWM
421.7%
6.2%
VNCE
Higher net margin
VNCE
VNCE
101.1% more per $
VNCE
3.2%
-97.9%
FFWM
More free cash flow
VNCE
VNCE
$29.5M more FCF
VNCE
$-5.7M
$-35.2M
FFWM
Faster 2-yr revenue CAGR
VNCE
VNCE
Annualised
VNCE
6.3%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FFWM
FFWM
VNCE
VNCE
Revenue
$48.4M
$85.1M
Net Profit
$-8.0M
$2.7M
Gross Margin
49.2%
Operating Margin
-97.5%
6.4%
Net Margin
-97.9%
3.2%
Revenue YoY
421.7%
6.2%
Net Profit YoY
43.0%
-37.3%
EPS (diluted)
$-0.09
$0.21

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
FFWM
FFWM
VNCE
VNCE
Q4 25
$48.4M
$85.1M
Q3 25
$63.6M
$73.2M
Q2 25
$51.4M
$57.9M
Q1 25
$71.4M
$80.0M
Q4 24
$9.3M
$80.2M
Q3 24
$9.2M
$74.2M
Q2 24
$57.5M
$59.2M
Q1 24
$51.1M
$75.3M
Net Profit
FFWM
FFWM
VNCE
VNCE
Q4 25
$-8.0M
$2.7M
Q3 25
$-146.3M
$12.1M
Q2 25
$-7.7M
$-4.8M
Q1 25
$6.9M
$-28.3M
Q4 24
$-14.1M
$4.3M
Q3 24
$-82.2M
$569.0K
Q2 24
$3.1M
$4.4M
Q1 24
$793.0K
$-4.7M
Gross Margin
FFWM
FFWM
VNCE
VNCE
Q4 25
49.2%
Q3 25
50.4%
Q2 25
50.3%
Q1 25
50.1%
Q4 24
50.0%
Q3 24
47.4%
Q2 24
50.6%
Q1 24
45.4%
Operating Margin
FFWM
FFWM
VNCE
VNCE
Q4 25
-97.5%
6.4%
Q3 25
-92.7%
15.2%
Q2 25
-21.1%
-7.7%
Q1 25
8.8%
-37.1%
Q4 24
-247.7%
7.2%
Q3 24
-1276.7%
1.5%
Q2 24
4.6%
9.5%
Q1 24
-0.2%
-2.2%
Net Margin
FFWM
FFWM
VNCE
VNCE
Q4 25
-97.9%
3.2%
Q3 25
-230.1%
16.5%
Q2 25
-15.0%
-8.3%
Q1 25
9.7%
-35.5%
Q4 24
-152.2%
5.4%
Q3 24
-896.9%
0.8%
Q2 24
5.4%
7.4%
Q1 24
1.6%
-6.2%
EPS (diluted)
FFWM
FFWM
VNCE
VNCE
Q4 25
$-0.09
$0.21
Q3 25
$-1.78
$0.93
Q2 25
$-0.09
$-0.37
Q1 25
$0.08
$-2.25
Q4 24
$-0.24
$0.34
Q3 24
$-1.23
$0.05
Q2 24
$0.05
$0.35
Q1 24
$0.01
$-0.37

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
VNCE
VNCE
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$53.4M
Total Assets
$11.9B
$246.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
VNCE
VNCE
Q4 25
$1.6B
$1.1M
Q3 25
$1.7B
$777.0K
Q2 25
$1.1B
$2.6M
Q1 25
$1.0B
$607.0K
Q4 24
$1.0B
$892.0K
Q3 24
$1.1B
$711.0K
Q2 24
$1.4B
$739.0K
Q1 24
$1.6B
$357.0K
Stockholders' Equity
FFWM
FFWM
VNCE
VNCE
Q4 25
$912.6M
$53.4M
Q3 25
$917.9M
$49.3M
Q2 25
$1.1B
$37.2M
Q1 25
$1.1B
$41.8M
Q4 24
$1.1B
$57.1M
Q3 24
$1.1B
$52.4M
Q2 24
$933.2M
$51.7M
Q1 24
$928.7M
$47.2M
Total Assets
FFWM
FFWM
VNCE
VNCE
Q4 25
$11.9B
$246.0M
Q3 25
$11.9B
$239.0M
Q2 25
$11.6B
$218.0M
Q1 25
$12.6B
$222.7M
Q4 24
$12.6B
$254.7M
Q3 24
$13.4B
$253.6M
Q2 24
$13.7B
$223.1M
Q1 24
$13.6B
$225.1M

Cash Flow & Capital Efficiency

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

Metric
FFWM
FFWM
VNCE
VNCE
Operating Cash FlowLast quarter
$-31.9M
$-5.1M
Free Cash FlowOCF − Capex
$-35.2M
$-5.7M
FCF MarginFCF / Revenue
-72.8%
-6.7%
Capex IntensityCapex / Revenue
6.9%
0.7%
Cash ConversionOCF / Net Profit
-1.86×
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
VNCE
VNCE
Q4 25
$-31.9M
$-5.1M
Q3 25
$9.2M
$4.2M
Q2 25
$-16.3M
$-11.8M
Q1 25
$-552.0K
$22.7M
Q4 24
$-8.7M
$6.4M
Q3 24
$14.2M
$-3.2M
Q2 24
$-9.1M
$-3.9M
Q1 24
$7.2M
$14.8M
Free Cash Flow
FFWM
FFWM
VNCE
VNCE
Q4 25
$-35.2M
$-5.7M
Q3 25
$8.6M
$2.1M
Q2 25
$-16.7M
$-13.2M
Q1 25
$-2.5M
$21.2M
Q4 24
$-11.4M
$5.1M
Q3 24
$13.4M
$-3.9M
Q2 24
$-9.4M
$-4.6M
Q1 24
$5.9M
$14.2M
FCF Margin
FFWM
FFWM
VNCE
VNCE
Q4 25
-72.8%
-6.7%
Q3 25
13.5%
2.9%
Q2 25
-32.4%
-22.9%
Q1 25
-3.5%
26.5%
Q4 24
-123.5%
6.4%
Q3 24
146.2%
-5.2%
Q2 24
-16.3%
-7.8%
Q1 24
11.6%
18.9%
Capex Intensity
FFWM
FFWM
VNCE
VNCE
Q4 25
6.9%
0.7%
Q3 25
1.0%
2.9%
Q2 25
0.8%
2.5%
Q1 25
2.8%
1.9%
Q4 24
29.4%
1.6%
Q3 24
9.0%
0.9%
Q2 24
0.4%
1.3%
Q1 24
2.5%
0.7%
Cash Conversion
FFWM
FFWM
VNCE
VNCE
Q4 25
-1.86×
Q3 25
0.35×
Q2 25
Q1 25
-0.08×
Q4 24
1.48×
Q3 24
-5.61×
Q2 24
-2.96×
-0.89×
Q1 24
9.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FFWM
FFWM

Segment breakdown not available.

VNCE
VNCE

Vince Wholesale$52.0M61%
Vince Direct To Consumer$33.1M39%

Related Comparisons