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Side-by-side financial comparison of FIRST HORIZON CORP (FHN) and Global-E Online Ltd. (GLBE). Click either name above to swap in a different company.

FIRST HORIZON CORP is the larger business by last-quarter revenue ($888.0M vs $625.5M, roughly 1.4× Global-E Online Ltd.). FIRST HORIZON CORP runs the higher net margin — 29.4% vs 0.9%, a 28.5% gap on every dollar of revenue.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.

Global-E Online Ltd. operates a leading cross-border e-commerce enablement platform that helps direct-to-consumer brands and retail enterprises expand their international sales reach. It offers end-to-end services including localized checkout, payment processing, customs clearance, logistics coordination, and duty calculation, serving clients across North America, Europe, and the Asia-Pacific region.

FHN vs GLBE — Head-to-Head

Bigger by revenue
FHN
FHN
1.4× larger
FHN
$888.0M
$625.5M
GLBE
Higher net margin
FHN
FHN
28.5% more per $
FHN
29.4%
0.9%
GLBE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FHN
FHN
GLBE
GLBE
Revenue
$888.0M
$625.5M
Net Profit
$261.0M
$5.8M
Gross Margin
45.0%
Operating Margin
38.5%
1.3%
Net Margin
29.4%
0.9%
Revenue YoY
21.8%
Net Profit YoY
57.2%
EPS (diluted)
$0.51

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
FHN
FHN
GLBE
GLBE
Q4 25
$888.0M
Q3 25
$889.0M
$625.5M
Q2 25
$830.0M
$404.8M
Q1 25
$812.0M
$189.9M
Q4 24
$729.0M
Q3 24
$827.0M
$489.9M
Q2 24
$313.9M
Q1 24
$819.0M
$145.9M
Net Profit
FHN
FHN
GLBE
GLBE
Q4 25
$261.0M
Q3 25
$262.0M
$5.8M
Q2 25
$241.0M
$-7.4M
Q1 25
$218.0M
Q4 24
$166.0M
Q3 24
$218.0M
$-77.1M
Q2 24
$-54.5M
Q1 24
$192.0M
Gross Margin
FHN
FHN
GLBE
GLBE
Q4 25
Q3 25
45.0%
Q2 25
44.9%
Q1 25
44.3%
Q4 24
Q3 24
45.1%
Q2 24
44.8%
Q1 24
43.4%
Operating Margin
FHN
FHN
GLBE
GLBE
Q4 25
38.5%
Q3 25
38.7%
1.3%
Q2 25
37.2%
-2.1%
Q1 25
35.1%
-10.1%
Q4 24
28.8%
Q3 24
34.0%
-14.9%
Q2 24
-16.6%
Q1 24
31.0%
-20.1%
Net Margin
FHN
FHN
GLBE
GLBE
Q4 25
29.4%
Q3 25
29.5%
0.9%
Q2 25
29.0%
-1.8%
Q1 25
26.8%
Q4 24
22.8%
Q3 24
26.4%
-15.7%
Q2 24
-17.4%
Q1 24
23.4%
EPS (diluted)
FHN
FHN
GLBE
GLBE
Q4 25
$0.51
Q3 25
$0.50
Q2 25
$0.45
Q1 25
$0.41
Q4 24
$0.29
Q3 24
$0.40
Q2 24
Q1 24
$0.33

Balance Sheet & Financial Strength

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

Metric
FHN
FHN
GLBE
GLBE
Cash + ST InvestmentsLiquidity on hand
$251.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.8B
$933.0M
Total Assets
$83.9B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHN
FHN
GLBE
GLBE
Q4 25
Q3 25
$251.4M
Q2 25
$205.2M
Q1 25
$207.7M
Q4 24
Q3 24
$207.3M
Q2 24
$229.8M
Q1 24
$181.9M
Stockholders' Equity
FHN
FHN
GLBE
GLBE
Q4 25
$8.8B
Q3 25
$8.9B
$933.0M
Q2 25
$9.0B
$909.1M
Q1 25
$8.7B
$884.3M
Q4 24
$8.8B
Q3 24
$9.0B
$869.4M
Q2 24
$878.7M
Q1 24
$8.9B
$886.9M
Total Assets
FHN
FHN
GLBE
GLBE
Q4 25
$83.9B
Q3 25
$83.2B
$1.3B
Q2 25
$82.1B
$1.2B
Q1 25
$81.5B
$1.2B
Q4 24
$82.2B
Q3 24
$82.6B
$1.2B
Q2 24
$1.1B
Q1 24
$81.8B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
FHN
FHN
GLBE
GLBE
Operating Cash FlowLast quarter
$396.0M
Free Cash FlowOCF − Capex
$389.0M
FCF MarginFCF / Revenue
43.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.52×
TTM Free Cash FlowTrailing 4 quarters
$595.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FHN
FHN
GLBE
GLBE
Q4 25
$396.0M
Q3 25
$-200.0M
Q2 25
$83.0M
Q1 25
$349.0M
Q4 24
$191.0M
Q3 24
$389.0M
Q2 24
Q1 24
$838.0M
Free Cash Flow
FHN
FHN
GLBE
GLBE
Q4 25
$389.0M
Q3 25
$-208.0M
Q2 25
$74.0M
Q1 25
$340.0M
Q4 24
$174.0M
Q3 24
$383.0M
Q2 24
Q1 24
$828.0M
FCF Margin
FHN
FHN
GLBE
GLBE
Q4 25
43.8%
Q3 25
-23.4%
Q2 25
8.9%
Q1 25
41.9%
Q4 24
23.9%
Q3 24
46.3%
Q2 24
Q1 24
101.1%
Capex Intensity
FHN
FHN
GLBE
GLBE
Q4 25
0.8%
Q3 25
0.9%
Q2 25
1.1%
Q1 25
1.1%
Q4 24
2.3%
Q3 24
0.7%
Q2 24
Q1 24
1.2%
Cash Conversion
FHN
FHN
GLBE
GLBE
Q4 25
1.52×
Q3 25
-0.76×
Q2 25
0.34×
Q1 25
1.60×
Q4 24
1.15×
Q3 24
1.78×
Q2 24
Q1 24
4.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FHN
FHN

Commercial Consumer And Wealth Segment$776.0M87%
Other$88.0M10%
Corporate$24.0M3%

GLBE
GLBE

Segment breakdown not available.

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