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Side-by-side financial comparison of FIRST HAWAIIAN, INC. (FHB) 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 $220.3M, roughly 1.0× FIRST HAWAIIAN, INC.). FIRST HAWAIIAN, INC. runs the higher net margin — 30.8% vs 9.0%, a 21.7% gap on every dollar of revenue. Over the past eight quarters, FORMFACTOR INC's revenue compounded faster (7.0% CAGR vs 3.8%).

First Hawaiian, Inc. is a bank holding company headquartered in Honolulu, Hawaiʻi. Its principal subsidiary, First Hawaiian Bank, founded in 1858, is Hawaiʻi’s oldest and largest financial institution headquartered in Honolulu at the First Hawaiian Center. The bank has 57 branches throughout Hawaiʻi, three in Guam and one in Saipan. It offers banking services to consumer and commercial customers, including deposit products, lending services and wealth management, insurance, private banking an...

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.

FHB vs FORM — Head-to-Head

Bigger by revenue
FORM
FORM
1.0× larger
FORM
$226.1M
$220.3M
FHB
Higher net margin
FHB
FHB
21.7% more per $
FHB
30.8%
9.0%
FORM
Faster 2-yr revenue CAGR
FORM
FORM
Annualised
FORM
7.0%
3.8%
FHB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FHB
FHB
FORM
FORM
Revenue
$220.3M
$226.1M
Net Profit
$67.8M
$20.4M
Gross Margin
38.4%
Operating Margin
7.4%
Net Margin
30.8%
9.0%
Revenue YoY
32.0%
Net Profit YoY
14.4%
218.5%
EPS (diluted)
$0.55
$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
FHB
FHB
FORM
FORM
Q1 26
$220.3M
$226.1M
Q4 25
$225.9M
$215.2M
Q3 25
$226.4M
$202.7M
Q2 25
$217.5M
$195.8M
Q1 25
$211.0M
$171.4M
Q4 24
$188.1M
$189.5M
Q3 24
$210.0M
$207.9M
Q2 24
$204.6M
$197.5M
Net Profit
FHB
FHB
FORM
FORM
Q1 26
$67.8M
$20.4M
Q4 25
$69.9M
$23.2M
Q3 25
$73.8M
$15.7M
Q2 25
$73.2M
$9.1M
Q1 25
$59.2M
$6.4M
Q4 24
$52.5M
$9.7M
Q3 24
$61.5M
$18.7M
Q2 24
$61.9M
$19.4M
Gross Margin
FHB
FHB
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
FHB
FHB
FORM
FORM
Q1 26
7.4%
Q4 25
41.2%
10.9%
Q3 25
42.5%
8.9%
Q2 25
40.5%
6.3%
Q1 25
36.5%
1.9%
Q4 24
34.4%
4.1%
Q3 24
36.4%
8.6%
Q2 24
39.5%
9.0%
Net Margin
FHB
FHB
FORM
FORM
Q1 26
30.8%
9.0%
Q4 25
31.0%
10.8%
Q3 25
32.6%
7.7%
Q2 25
33.7%
4.6%
Q1 25
28.1%
3.7%
Q4 24
27.9%
5.1%
Q3 24
29.3%
9.0%
Q2 24
30.3%
9.8%
EPS (diluted)
FHB
FHB
FORM
FORM
Q1 26
$0.55
$0.26
Q4 25
$0.56
$0.29
Q3 25
$0.59
$0.20
Q2 25
$0.58
$0.12
Q1 25
$0.47
$0.08
Q4 24
$0.41
$0.12
Q3 24
$0.48
$0.24
Q2 24
$0.48
$0.25

Balance Sheet & Financial Strength

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

Metric
FHB
FHB
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$123.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$2.8B
$1.1B
Total Assets
$24.3B
$1.3B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHB
FHB
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
FHB
FHB
FORM
FORM
Q1 26
$0
Q4 25
$12.2M
Q3 25
Q2 25
Q1 25
Q4 24
$13.3M
Q3 24
Q2 24
Stockholders' Equity
FHB
FHB
FORM
FORM
Q1 26
$2.8B
$1.1B
Q4 25
$2.8B
$1.0B
Q3 25
$2.7B
$1.0B
Q2 25
$2.7B
$990.0M
Q1 25
$2.6B
$965.9M
Q4 24
$2.6B
$947.8M
Q3 24
$2.6B
$955.0M
Q2 24
$2.6B
$947.9M
Total Assets
FHB
FHB
FORM
FORM
Q1 26
$24.3B
$1.3B
Q4 25
$24.0B
$1.2B
Q3 25
$24.1B
$1.2B
Q2 25
$23.8B
$1.2B
Q1 25
$23.7B
$1.2B
Q4 24
$23.8B
$1.1B
Q3 24
$23.8B
$1.2B
Q2 24
$24.0B
$1.2B
Debt / Equity
FHB
FHB
FORM
FORM
Q1 26
0.00×
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
FHB
FHB
FORM
FORM
Operating Cash FlowLast quarter
$45.0M
Free Cash FlowOCF − Capex
$30.7M
FCF MarginFCF / Revenue
13.6%
Capex IntensityCapex / Revenue
6.7%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHB
FHB
FORM
FORM
Q1 26
$45.0M
Q4 25
$335.1M
$46.0M
Q3 25
$57.1M
$27.0M
Q2 25
$136.4M
$18.9M
Q1 25
$36.7M
$23.5M
Q4 24
$317.5M
$35.9M
Q3 24
$58.9M
$26.7M
Q2 24
$78.2M
$21.9M
Free Cash Flow
FHB
FHB
FORM
FORM
Q1 26
$30.7M
Q4 25
$303.3M
$34.7M
Q3 25
$49.5M
$19.5M
Q2 25
$125.2M
$-47.4M
Q1 25
$28.6M
$5.0M
Q4 24
$288.7M
$28.3M
Q3 24
$52.3M
$17.8M
Q2 24
$72.2M
$13.5M
FCF Margin
FHB
FHB
FORM
FORM
Q1 26
13.6%
Q4 25
134.3%
16.1%
Q3 25
21.9%
9.6%
Q2 25
57.5%
-24.2%
Q1 25
13.6%
2.9%
Q4 24
153.5%
14.9%
Q3 24
24.9%
8.6%
Q2 24
35.3%
6.8%
Capex Intensity
FHB
FHB
FORM
FORM
Q1 26
6.7%
Q4 25
14.1%
5.3%
Q3 25
3.3%
3.7%
Q2 25
5.2%
33.8%
Q1 25
3.8%
10.8%
Q4 24
15.3%
4.0%
Q3 24
3.1%
4.3%
Q2 24
2.9%
4.3%
Cash Conversion
FHB
FHB
FORM
FORM
Q1 26
2.21×
Q4 25
4.79×
1.98×
Q3 25
0.77×
1.72×
Q2 25
1.86×
2.08×
Q1 25
0.62×
3.68×
Q4 24
6.05×
3.70×
Q3 24
0.96×
1.43×
Q2 24
1.26×
1.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FHB
FHB

Net Interest Income$167.5M76%
Noninterest Income$52.8M24%

FORM
FORM

Segment breakdown not available.

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