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Side-by-side financial comparison of Figma, Inc. (FIG) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.

HANCOCK WHITNEY CORP is the larger business by last-quarter revenue ($295.0M vs $274.2M, roughly 1.1× Figma, Inc.). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs -400.1%, a 416.2% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs -19.7%).

Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

FIG vs HWC — Head-to-Head

Bigger by revenue
HWC
HWC
1.1× larger
HWC
$295.0M
$274.2M
FIG
Growing faster (revenue YoY)
FIG
FIG
+57.7% gap
FIG
38.0%
-19.7%
HWC
Higher net margin
HWC
HWC
416.2% more per $
HWC
16.1%
-400.1%
FIG

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FIG
FIG
HWC
HWC
Revenue
$274.2M
$295.0M
Net Profit
$-1.1B
$47.4M
Gross Margin
69.4%
Operating Margin
-414.6%
Net Margin
-400.1%
16.1%
Revenue YoY
38.0%
-19.7%
Net Profit YoY
-6933.0%
-60.3%
EPS (diluted)
$-2.72
$0.57

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
FIG
FIG
HWC
HWC
Q1 26
$295.0M
Q4 25
$389.3M
Q3 25
$274.2M
$385.7M
Q2 25
$249.6M
$375.5M
Q1 25
$364.7M
Q4 24
$364.8M
Q3 24
$198.6M
$367.7M
Q2 24
$177.2M
$359.6M
Net Profit
FIG
FIG
HWC
HWC
Q1 26
$47.4M
Q4 25
Q3 25
$-1.1B
$127.5M
Q2 25
$28.2M
Q1 25
Q4 24
Q3 24
$-15.6M
$115.6M
Q2 24
$-827.9M
Gross Margin
FIG
FIG
HWC
HWC
Q1 26
Q4 25
Q3 25
69.4%
Q2 25
88.8%
Q1 25
Q4 24
Q3 24
90.6%
Q2 24
77.7%
Operating Margin
FIG
FIG
HWC
HWC
Q1 26
Q4 25
40.7%
Q3 25
-414.6%
41.6%
Q2 25
0.8%
38.5%
Q1 25
40.9%
Q4 24
41.3%
Q3 24
-23.8%
39.5%
Q2 24
-504.7%
40.3%
Net Margin
FIG
FIG
HWC
HWC
Q1 26
16.1%
Q4 25
Q3 25
-400.1%
33.0%
Q2 25
11.3%
Q1 25
Q4 24
Q3 24
-7.9%
31.4%
Q2 24
-467.2%
EPS (diluted)
FIG
FIG
HWC
HWC
Q1 26
$0.57
Q4 25
$1.48
Q3 25
$-2.72
$1.49
Q2 25
$0.00
$1.32
Q1 25
$1.38
Q4 24
$1.40
Q3 24
$-0.07
$1.33
Q2 24
$-4.39
$1.31

Balance Sheet & Financial Strength

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

Metric
FIG
FIG
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$1.6B
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$1.4B
Total Assets
$2.1B
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIG
FIG
HWC
HWC
Q1 26
$223.7M
Q4 25
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
Q4 24
Q3 24
$416.1M
Q2 24
$586.1M
Total Debt
FIG
FIG
HWC
HWC
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Q2 24
$236.4M
Stockholders' Equity
FIG
FIG
HWC
HWC
Q1 26
Q4 25
$4.5B
Q3 25
$1.4B
$4.5B
Q2 25
$1.4B
$4.4B
Q1 25
$4.3B
Q4 24
$4.1B
Q3 24
$1.2B
$4.2B
Q2 24
$862.4M
$3.9B
Total Assets
FIG
FIG
HWC
HWC
Q1 26
$35.5B
Q4 25
$35.5B
Q3 25
$2.1B
$35.8B
Q2 25
$2.0B
$35.2B
Q1 25
$34.8B
Q4 24
$35.1B
Q3 24
$35.2B
Q2 24
$35.4B
Debt / Equity
FIG
FIG
HWC
HWC
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
FIG
FIG
HWC
HWC
Operating Cash FlowLast quarter
$51.2M
Free Cash FlowOCF − Capex
$49.5M
FCF MarginFCF / Revenue
18.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIG
FIG
HWC
HWC
Q1 26
Q4 25
$541.8M
Q3 25
$51.2M
$158.8M
Q2 25
$125.8M
Q1 25
$104.2M
Q4 24
$625.7M
Q3 24
$162.5M
Q2 24
$105.0M
Free Cash Flow
FIG
FIG
HWC
HWC
Q1 26
Q4 25
$523.1M
Q3 25
$49.5M
$155.0M
Q2 25
$122.0M
Q1 25
$100.2M
Q4 24
$615.5M
Q3 24
$158.6M
Q2 24
$103.7M
FCF Margin
FIG
FIG
HWC
HWC
Q1 26
Q4 25
134.4%
Q3 25
18.0%
40.2%
Q2 25
32.5%
Q1 25
27.5%
Q4 24
168.7%
Q3 24
43.1%
Q2 24
28.8%
Capex Intensity
FIG
FIG
HWC
HWC
Q1 26
Q4 25
4.8%
Q3 25
0.6%
1.0%
Q2 25
1.0%
Q1 25
1.1%
Q4 24
2.8%
Q3 24
1.1%
Q2 24
0.4%
Cash Conversion
FIG
FIG
HWC
HWC
Q1 26
Q4 25
Q3 25
1.25×
Q2 25
Q1 25
Q4 24
Q3 24
1.41×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

HWC
HWC

Segment breakdown not available.

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