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Side-by-side financial comparison of FINANCIAL INSTITUTIONS INC (FISI) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
Repay Holdings Corp is the larger business by last-quarter revenue ($78.6M vs $62.7M, roughly 1.3× FINANCIAL INSTITUTIONS INC). FINANCIAL INSTITUTIONS INC runs the higher net margin — 33.5% vs -178.3%, a 211.8% gap on every dollar of revenue. Over the past eight quarters, Repay Holdings Corp's revenue compounded faster (-1.3% CAGR vs -2.0%).
The Mizuho Financial Group, Inc. , known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a Japanese banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000–2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
FISI vs RPAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.7M | $78.6M |
| Net Profit | $21.0M | $-140.1M |
| Gross Margin | — | 74.2% |
| Operating Margin | — | -182.2% |
| Net Margin | 33.5% | -178.3% |
| Revenue YoY | — | 0.4% |
| Net Profit YoY | 24.3% | -3304.1% |
| EPS (diluted) | $1.04 | $-1.68 |
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.
| Q1 26 | $62.7M | — | ||
| Q4 25 | $64.1M | $78.6M | ||
| Q3 25 | $63.8M | $77.7M | ||
| Q2 25 | $59.7M | $75.6M | ||
| Q1 25 | $57.2M | $77.3M | ||
| Q4 24 | $41.6M | $78.3M | ||
| Q3 24 | $50.1M | $79.1M | ||
| Q2 24 | $65.2M | $74.9M |
| Q1 26 | $21.0M | — | ||
| Q4 25 | $20.0M | $-140.1M | ||
| Q3 25 | $20.5M | $-6.4M | ||
| Q2 25 | $17.5M | $-102.3M | ||
| Q1 25 | $16.9M | $-7.9M | ||
| Q4 24 | $-82.8M | $-4.1M | ||
| Q3 24 | $13.5M | $3.2M | ||
| Q2 24 | $25.6M | $-4.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% |
| Q1 26 | — | — | ||
| Q4 25 | 37.4% | -182.2% | ||
| Q3 25 | 39.5% | -3.9% | ||
| Q2 25 | 36.0% | -138.7% | ||
| Q1 25 | 36.0% | -4.7% | ||
| Q4 24 | -276.9% | -1.5% | ||
| Q3 24 | 29.0% | -0.9% | ||
| Q2 24 | 46.2% | -4.6% |
| Q1 26 | 33.5% | — | ||
| Q4 25 | 38.3% | -178.3% | ||
| Q3 25 | 32.1% | -8.3% | ||
| Q2 25 | 29.3% | -135.2% | ||
| Q1 25 | 29.5% | -10.3% | ||
| Q4 24 | -198.9% | -5.3% | ||
| Q3 24 | 26.9% | 4.1% | ||
| Q2 24 | 39.3% | -5.4% |
| Q1 26 | $1.04 | — | ||
| Q4 25 | $0.96 | $-1.68 | ||
| Q3 25 | $0.99 | $-0.08 | ||
| Q2 25 | $0.85 | $-1.15 | ||
| Q1 25 | $0.81 | $-0.09 | ||
| Q4 24 | $-5.32 | $-0.04 | ||
| Q3 24 | $0.84 | $0.03 | ||
| Q2 24 | $1.62 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $85.5M | $115.7M |
| Total DebtLower is stronger | $114.0M | $280.1M |
| Stockholders' EquityBook value | — | $484.4M |
| Total Assets | $6.3B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $85.5M | — | ||
| Q4 25 | $108.8M | $115.7M | ||
| Q3 25 | $185.9M | $95.7M | ||
| Q2 25 | $93.0M | $162.6M | ||
| Q1 25 | $167.4M | $165.5M | ||
| Q4 24 | $87.3M | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M |
| Q1 26 | $114.0M | — | ||
| Q4 25 | $193.7M | $280.1M | ||
| Q3 25 | $115.0M | $279.5M | ||
| Q2 25 | $115.0M | $279.0M | ||
| Q1 25 | $124.9M | $497.6M | ||
| Q4 24 | $124.8M | $496.8M | ||
| Q3 24 | $124.8M | $496.2M | ||
| Q2 24 | $124.7M | $435.6M |
| Q1 26 | — | — | ||
| Q4 25 | $628.9M | $484.4M | ||
| Q3 25 | $621.7M | $616.9M | ||
| Q2 25 | $601.7M | $633.7M | ||
| Q1 25 | $589.9M | $755.7M | ||
| Q4 24 | $569.0M | $761.3M | ||
| Q3 24 | $500.3M | $754.7M | ||
| Q2 24 | $467.7M | $815.4M |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $1.2B | ||
| Q3 25 | $6.3B | $1.3B | ||
| Q2 25 | $6.1B | $1.4B | ||
| Q1 25 | $6.3B | $1.5B | ||
| Q4 24 | $6.1B | $1.6B | ||
| Q3 24 | $6.2B | $1.6B | ||
| Q2 24 | $6.1B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | 0.58× | ||
| Q3 25 | 0.18× | 0.45× | ||
| Q2 25 | 0.19× | 0.44× | ||
| Q1 25 | 0.21× | 0.66× | ||
| Q4 24 | 0.22× | 0.65× | ||
| Q3 24 | 0.25× | 0.66× | ||
| Q2 24 | 0.27× | 0.53× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $23.3M |
| Free Cash FlowOCF − Capex | — | $23.2M |
| FCF MarginFCF / Revenue | — | 29.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $18.8M | $23.3M | ||
| Q3 25 | $-6.9M | $32.2M | ||
| Q2 25 | $-5.7M | $33.1M | ||
| Q1 25 | $10.0M | $2.5M | ||
| Q4 24 | $77.1M | $34.3M | ||
| Q3 24 | $2.1M | $60.1M | ||
| Q2 24 | $35.7M | $31.0M |
| Q1 26 | — | — | ||
| Q4 25 | $13.3M | $23.2M | ||
| Q3 25 | $-7.9M | $32.1M | ||
| Q2 25 | $-7.3M | $33.0M | ||
| Q1 25 | $9.2M | $2.4M | ||
| Q4 24 | $72.2M | $34.0M | ||
| Q3 24 | $-299.0K | $59.8M | ||
| Q2 24 | $34.7M | $30.5M |
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 29.6% | ||
| Q3 25 | -12.4% | 41.3% | ||
| Q2 25 | -12.3% | 43.6% | ||
| Q1 25 | 16.1% | 3.0% | ||
| Q4 24 | 173.3% | 43.5% | ||
| Q3 24 | -0.6% | 75.6% | ||
| Q2 24 | 53.3% | 40.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 0.1% | ||
| Q3 25 | 1.6% | 0.2% | ||
| Q2 25 | 2.7% | 0.1% | ||
| Q1 25 | 1.4% | 0.2% | ||
| Q4 24 | 11.9% | 0.3% | ||
| Q3 24 | 4.9% | 0.3% | ||
| Q2 24 | 1.5% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | — | ||
| Q3 25 | -0.34× | — | ||
| Q2 25 | -0.33× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.16× | 18.52× | ||
| Q2 24 | 1.39× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FISI
| Net Interest Income | $52.0M | 83% |
| Noninterest Income | $10.7M | 17% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
