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Side-by-side financial comparison of FMC CORP (FMC) and REV Group, Inc. (REVG). Click either name above to swap in a different company.

FMC CORP is the larger business by last-quarter revenue ($759.0M vs $664.4M, roughly 1.1× REV Group, Inc.). REV Group, Inc. runs the higher net margin — 4.3% vs -37.0%, a 41.4% gap on every dollar of revenue. On growth, REV Group, Inc. posted the faster year-over-year revenue change (11.1% vs -4.0%). REV Group, Inc. produced more free cash flow last quarter ($53.7M vs $-628.1M). Over the past eight quarters, REV Group, Inc.'s revenue compounded faster (6.5% CAGR vs -14.5%).

FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. In 1941 at the beginning of US involvement in WWII, the company received a contract to design and build amphibious tracked landing vehicles for the United States Department of War, and afterwards the company continued to diversify its products. FMC employs 7,000 people worldwide, and had gros...

Rev is an American speech-to-text company that provides closed captioning, subtitles, and transcription services. The company, based in San Francisco and Austin, was founded in 2010. PC Magazine named the service an "Editor's Choice" in 2018, and ranked it as the best transcription service of 2019.

FMC vs REVG — Head-to-Head

Bigger by revenue
FMC
FMC
1.1× larger
FMC
$759.0M
$664.4M
REVG
Growing faster (revenue YoY)
REVG
REVG
+15.2% gap
REVG
11.1%
-4.0%
FMC
Higher net margin
REVG
REVG
41.4% more per $
REVG
4.3%
-37.0%
FMC
More free cash flow
REVG
REVG
$681.8M more FCF
REVG
$53.7M
$-628.1M
FMC
Faster 2-yr revenue CAGR
REVG
REVG
Annualised
REVG
6.5%
-14.5%
FMC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FMC
FMC
REVG
REVG
Revenue
$759.0M
$664.4M
Net Profit
$-281.2M
$28.9M
Gross Margin
15.4%
Operating Margin
-10.6%
7.1%
Net Margin
-37.0%
4.3%
Revenue YoY
-4.0%
11.1%
Net Profit YoY
-30.7%
EPS (diluted)
$-2.25
$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
FMC
FMC
REVG
REVG
Q1 26
$759.0M
Q4 25
$1.1B
$664.4M
Q3 25
$542.2M
$644.9M
Q2 25
$1.1B
$629.1M
Q1 25
$791.4M
$525.1M
Q4 24
$1.2B
$597.9M
Q3 24
$1.1B
$579.4M
Q2 24
$1.0B
$616.9M
Net Profit
FMC
FMC
REVG
REVG
Q1 26
$-281.2M
Q4 25
$-1.7B
$28.9M
Q3 25
$-569.3M
$29.1M
Q2 25
$66.7M
$19.0M
Q1 25
$-15.5M
$18.2M
Q4 24
$-16.3M
$41.7M
Q3 24
$65.0M
$18.0M
Q2 24
$295.1M
$15.2M
Gross Margin
FMC
FMC
REVG
REVG
Q1 26
Q4 25
39.8%
15.4%
Q3 25
23.8%
15.8%
Q2 25
38.7%
15.2%
Q1 25
40.0%
13.3%
Q4 24
42.9%
13.2%
Q3 24
36.3%
13.5%
Q2 24
38.3%
12.5%
Operating Margin
FMC
FMC
REVG
REVG
Q1 26
-10.6%
Q4 25
-130.8%
7.1%
Q3 25
-73.1%
8.8%
Q2 25
12.0%
7.9%
Q1 25
7.4%
5.3%
Q4 24
19.2%
5.8%
Q3 24
12.7%
4.9%
Q2 24
6.0%
3.7%
Net Margin
FMC
FMC
REVG
REVG
Q1 26
-37.0%
Q4 25
-158.8%
4.3%
Q3 25
-105.0%
4.5%
Q2 25
6.3%
3.0%
Q1 25
-2.0%
3.5%
Q4 24
-1.3%
7.0%
Q3 24
6.1%
3.1%
Q2 24
28.4%
2.5%
EPS (diluted)
FMC
FMC
REVG
REVG
Q1 26
$-2.25
Q4 25
$-13.77
$0.57
Q3 25
$-4.52
$0.59
Q2 25
$0.53
$0.38
Q1 25
$-0.12
$0.35
Q4 24
$-0.13
$1.03
Q3 24
$0.52
$0.35
Q2 24
$2.35
$0.28

Balance Sheet & Financial Strength

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

Metric
FMC
FMC
REVG
REVG
Cash + ST InvestmentsLiquidity on hand
$390.9M
$34.7M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$1.8B
$416.3M
Total Assets
$9.4B
$1.2B
Debt / EquityLower = less leverage
1.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMC
FMC
REVG
REVG
Q1 26
$390.9M
Q4 25
$584.5M
$34.7M
Q3 25
$497.7M
$36.0M
Q2 25
$438.2M
$28.8M
Q1 25
$315.3M
$31.6M
Q4 24
$357.3M
$24.6M
Q3 24
$416.7M
$50.5M
Q2 24
$471.5M
$38.2M
Total Debt
FMC
FMC
REVG
REVG
Q1 26
$2.8B
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.1B
Stockholders' Equity
FMC
FMC
REVG
REVG
Q1 26
$1.8B
Q4 25
$2.1B
$416.3M
Q3 25
$3.8B
$387.3M
Q2 25
$4.4B
$357.8M
Q1 25
$4.4B
$428.8M
Q4 24
$4.5B
$435.1M
Q3 24
$4.6B
$394.6M
Q2 24
$4.6B
$379.7M
Total Assets
FMC
FMC
REVG
REVG
Q1 26
$9.4B
Q4 25
$9.7B
$1.2B
Q3 25
$12.1B
$1.2B
Q2 25
$12.3B
$1.2B
Q1 25
$11.8B
$1.2B
Q4 24
$11.7B
$1.2B
Q3 24
$12.2B
$1.3B
Q2 24
$12.1B
$1.3B
Debt / Equity
FMC
FMC
REVG
REVG
Q1 26
1.50×
Q4 25
1.62×
Q3 25
0.89×
Q2 25
0.76×
Q1 25
0.71×
Q4 24
0.69×
Q3 24
0.68×
Q2 24
0.68×

Cash Flow & Capital Efficiency

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

Metric
FMC
FMC
REVG
REVG
Operating Cash FlowLast quarter
$76.9M
Free Cash FlowOCF − Capex
$-628.1M
$53.7M
FCF MarginFCF / Revenue
-82.8%
8.1%
Capex IntensityCapex / Revenue
2.2%
3.5%
Cash ConversionOCF / Net Profit
2.66×
TTM Free Cash FlowTrailing 4 quarters
$-154.0M
$190.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMC
FMC
REVG
REVG
Q1 26
Q4 25
$657.1M
$76.9M
Q3 25
$-184.2M
$60.3M
Q2 25
$65.9M
$117.0M
Q1 25
$-545.0M
$-13.1M
Q4 24
$427.9M
$68.6M
Q3 24
$159.5M
$14.4M
Q2 24
$292.2M
$40.1M
Free Cash Flow
FMC
FMC
REVG
REVG
Q1 26
$-628.1M
Q4 25
$631.1M
$53.7M
Q3 25
$-207.9M
$48.7M
Q2 25
$50.9M
$105.6M
Q1 25
$-576.6M
$-18.0M
Q4 24
$406.3M
$63.3M
Q3 24
$143.8M
$8.5M
Q2 24
$282.3M
$34.2M
FCF Margin
FMC
FMC
REVG
REVG
Q1 26
-82.8%
Q4 25
58.3%
8.1%
Q3 25
-38.3%
7.6%
Q2 25
4.8%
16.8%
Q1 25
-72.9%
-3.4%
Q4 24
33.2%
10.6%
Q3 24
13.5%
1.5%
Q2 24
27.2%
5.5%
Capex Intensity
FMC
FMC
REVG
REVG
Q1 26
2.2%
Q4 25
2.4%
3.5%
Q3 25
4.4%
1.8%
Q2 25
1.4%
1.8%
Q1 25
4.0%
0.9%
Q4 24
1.8%
0.9%
Q3 24
1.5%
1.0%
Q2 24
1.0%
1.0%
Cash Conversion
FMC
FMC
REVG
REVG
Q1 26
Q4 25
2.66×
Q3 25
2.07×
Q2 25
0.99×
6.16×
Q1 25
-0.72×
Q4 24
1.65×
Q3 24
2.45×
0.80×
Q2 24
0.99×
2.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMC
FMC

EMEA$307.0M40%
North America$198.0M26%
Latin America$177.0M23%
Asia (excluding 2026 India) 1$81.0M11%

REVG
REVG

Specialty Vehicles$507.4M76%
Recreational Vehicles$157.2M24%

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