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Side-by-side financial comparison of FIRST HAWAIIAN, INC. (FHB) and VICOR CORP (VICR). Click either name above to swap in a different company.

FIRST HAWAIIAN, INC. is the larger business by last-quarter revenue ($220.3M vs $113.0M, roughly 2.0× VICOR CORP). FIRST HAWAIIAN, INC. runs the higher net margin — 30.8% vs 18.3%, a 12.5% gap on every dollar of revenue. Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% 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...

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

FHB vs VICR — Head-to-Head

Bigger by revenue
FHB
FHB
2.0× larger
FHB
$220.3M
$113.0M
VICR
Higher net margin
FHB
FHB
12.5% more per $
FHB
30.8%
18.3%
VICR
Faster 2-yr revenue CAGR
VICR
VICR
Annualised
VICR
14.7%
3.8%
FHB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FHB
FHB
VICR
VICR
Revenue
$220.3M
$113.0M
Net Profit
$67.8M
$20.7M
Gross Margin
Operating Margin
59.7%
Net Margin
30.8%
18.3%
Revenue YoY
20.2%
Net Profit YoY
14.4%
713.9%
EPS (diluted)
$0.55
$0.44

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
VICR
VICR
Q1 26
$220.3M
$113.0M
Q4 25
$225.9M
$107.3M
Q3 25
$226.4M
$110.4M
Q2 25
$217.5M
$96.0M
Q1 25
$211.0M
$94.0M
Q4 24
$188.1M
$96.2M
Q3 24
$210.0M
$93.2M
Q2 24
$204.6M
$85.9M
Net Profit
FHB
FHB
VICR
VICR
Q1 26
$67.8M
$20.7M
Q4 25
$69.9M
$46.5M
Q3 25
$73.8M
$28.3M
Q2 25
$73.2M
$41.2M
Q1 25
$59.2M
$2.5M
Q4 24
$52.5M
$10.2M
Q3 24
$61.5M
$11.6M
Q2 24
$61.9M
$-1.2M
Gross Margin
FHB
FHB
VICR
VICR
Q1 26
Q4 25
55.4%
Q3 25
57.5%
Q2 25
95.9%
Q1 25
47.2%
Q4 24
52.4%
Q3 24
49.1%
Q2 24
49.8%
Operating Margin
FHB
FHB
VICR
VICR
Q1 26
59.7%
Q4 25
41.2%
14.6%
Q3 25
42.5%
18.9%
Q2 25
40.5%
47.3%
Q1 25
36.5%
-0.2%
Q4 24
34.4%
9.6%
Q3 24
36.4%
5.8%
Q2 24
39.5%
0.2%
Net Margin
FHB
FHB
VICR
VICR
Q1 26
30.8%
18.3%
Q4 25
31.0%
43.4%
Q3 25
32.6%
25.6%
Q2 25
33.7%
42.9%
Q1 25
28.1%
2.7%
Q4 24
27.9%
10.7%
Q3 24
29.3%
12.4%
Q2 24
30.3%
-1.4%
EPS (diluted)
FHB
FHB
VICR
VICR
Q1 26
$0.55
$0.44
Q4 25
$0.56
$1.01
Q3 25
$0.59
$0.63
Q2 25
$0.58
$0.91
Q1 25
$0.47
$0.06
Q4 24
$0.41
$0.24
Q3 24
$0.48
$0.26
Q2 24
$0.48
$-0.03

Balance Sheet & Financial Strength

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

Metric
FHB
FHB
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$404.2M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$2.8B
$754.1M
Total Assets
$24.3B
$804.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHB
FHB
VICR
VICR
Q1 26
$404.2M
Q4 25
$402.8M
Q3 25
$362.4M
Q2 25
$338.5M
Q1 25
$296.1M
Q4 24
$277.3M
Q3 24
$267.6M
Q2 24
$251.9M
Total Debt
FHB
FHB
VICR
VICR
Q1 26
$0
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FHB
FHB
VICR
VICR
Q1 26
$2.8B
$754.1M
Q4 25
$2.8B
$711.6M
Q3 25
$2.7B
$630.1M
Q2 25
$2.7B
$608.6M
Q1 25
$2.6B
$580.3M
Q4 24
$2.6B
$570.1M
Q3 24
$2.6B
$554.6M
Q2 24
$2.6B
$537.2M
Total Assets
FHB
FHB
VICR
VICR
Q1 26
$24.3B
$804.9M
Q4 25
$24.0B
$785.8M
Q3 25
$24.1B
$710.2M
Q2 25
$23.8B
$693.5M
Q1 25
$23.7B
$665.0M
Q4 24
$23.8B
$641.1M
Q3 24
$23.8B
$632.8M
Q2 24
$24.0B
$613.2M
Debt / Equity
FHB
FHB
VICR
VICR
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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%

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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