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Side-by-side financial comparison of First Bancorp, Inc (FNLC) and Zevia PBC (ZVIA). Click either name above to swap in a different company.

Zevia PBC is the larger business by last-quarter revenue ($37.9M vs $25.8M, roughly 1.5× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs -3.4%, a 42.8% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs -4.0%). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs -1.2%).

Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.

FNLC vs ZVIA — Head-to-Head

Bigger by revenue
ZVIA
ZVIA
1.5× larger
ZVIA
$37.9M
$25.8M
FNLC
Growing faster (revenue YoY)
FNLC
FNLC
+21.6% gap
FNLC
17.5%
-4.0%
ZVIA
Higher net margin
FNLC
FNLC
42.8% more per $
FNLC
39.4%
-3.4%
ZVIA
Faster 2-yr revenue CAGR
FNLC
FNLC
Annualised
FNLC
18.1%
-1.2%
ZVIA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNLC
FNLC
ZVIA
ZVIA
Revenue
$25.8M
$37.9M
Net Profit
$10.2M
$-1.3M
Gross Margin
47.7%
Operating Margin
48.1%
-4.0%
Net Margin
39.4%
-3.4%
Revenue YoY
17.5%
-4.0%
Net Profit YoY
39.7%
80.9%
EPS (diluted)
$0.91
$-0.02

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
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$25.8M
$37.9M
Q3 25
$24.5M
$40.8M
Q2 25
$22.5M
$44.5M
Q1 25
$21.8M
$38.0M
Q4 24
$22.0M
$39.5M
Q3 24
$20.5M
$36.4M
Q2 24
$19.2M
$40.4M
Q1 24
$18.5M
$38.8M
Net Profit
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$10.2M
$-1.3M
Q3 25
$9.1M
$-2.7M
Q2 25
$8.1M
$-651.0K
Q1 25
$7.1M
$-6.4M
Q4 24
$7.3M
$-6.8M
Q3 24
$7.6M
$-2.5M
Q2 24
$6.2M
$-7.0M
Q1 24
$6.0M
$-7.2M
Gross Margin
FNLC
FNLC
ZVIA
ZVIA
Q4 25
47.7%
Q3 25
45.6%
Q2 25
48.7%
Q1 25
50.1%
Q4 24
49.2%
Q3 24
49.1%
Q2 24
41.9%
Q1 24
45.7%
Operating Margin
FNLC
FNLC
ZVIA
ZVIA
Q4 25
48.1%
-4.0%
Q3 25
45.2%
-7.0%
Q2 25
43.7%
-2.3%
Q1 25
39.3%
-16.8%
Q4 24
39.5%
-16.1%
Q3 24
44.6%
-8.2%
Q2 24
38.8%
-17.5%
Q1 24
39.3%
-18.8%
Net Margin
FNLC
FNLC
ZVIA
ZVIA
Q4 25
39.4%
-3.4%
Q3 25
37.0%
-6.6%
Q2 25
35.8%
-1.5%
Q1 25
32.5%
-16.8%
Q4 24
33.1%
-17.2%
Q3 24
36.9%
-6.9%
Q2 24
32.1%
-17.2%
Q1 24
32.5%
-18.6%
EPS (diluted)
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$0.91
$-0.02
Q3 25
$0.81
$-0.04
Q2 25
$0.72
$-0.01
Q1 25
$0.63
$-0.08
Q4 24
$0.66
$-0.10
Q3 24
$0.68
$-0.04
Q2 24
$0.55
$-0.10
Q1 24
$0.54
$-0.10

Balance Sheet & Financial Strength

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

Metric
FNLC
FNLC
ZVIA
ZVIA
Cash + ST InvestmentsLiquidity on hand
$25.4M
Total DebtLower is stronger
$95.5M
Stockholders' EquityBook value
$283.1M
$51.0M
Total Assets
$3.2B
$63.6M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$25.4M
Q3 25
$26.0M
Q2 25
Q1 25
Q4 24
$30.7M
Q3 24
Q2 24
Q1 24
Total Debt
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$95.5M
Q3 25
$95.5M
Q2 25
$95.0M
Q1 25
$70.0M
Q4 24
$95.0M
Q3 24
$95.0M
Q2 24
$70.0M
Q1 24
$70.0M
Stockholders' Equity
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$283.1M
$51.0M
Q3 25
$274.6M
$51.3M
Q2 25
$265.5M
$53.0M
Q1 25
$259.7M
$53.7M
Q4 24
$252.5M
$64.9M
Q3 24
$256.8M
$72.5M
Q2 24
$244.7M
$75.0M
Q1 24
$242.6M
$80.3M
Total Assets
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$3.2B
$63.6M
Q3 25
$3.2B
$60.0M
Q2 25
$3.2B
$62.5M
Q1 25
$3.2B
$62.0M
Q4 24
$3.2B
$68.0M
Q3 24
$3.1B
$72.9M
Q2 24
$3.1B
$72.8M
Q1 24
$3.0B
$85.1M
Debt / Equity
FNLC
FNLC
ZVIA
ZVIA
Q4 25
0.34×
Q3 25
0.35×
Q2 25
0.36×
Q1 25
0.27×
Q4 24
0.38×
Q3 24
0.37×
Q2 24
0.29×
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
FNLC
FNLC
ZVIA
ZVIA
Operating Cash FlowLast quarter
$37.8M
$-507.0K
Free Cash FlowOCF − Capex
$34.6M
FCF MarginFCF / Revenue
133.9%
Capex IntensityCapex / Revenue
12.5%
Cash ConversionOCF / Net Profit
3.72×
TTM Free Cash FlowTrailing 4 quarters
$55.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$37.8M
$-507.0K
Q3 25
$12.9M
$116.0K
Q2 25
$7.4M
$-1.4M
Q1 25
$2.2M
$-2.9M
Q4 24
$26.0M
$-2.0M
Q3 24
$9.8M
$3.9M
Q2 24
$6.4M
$282.0K
Q1 24
$-1.5M
$-3.2M
Free Cash Flow
FNLC
FNLC
ZVIA
ZVIA
Q4 25
$34.6M
Q3 25
$12.6M
Q2 25
$7.2M
Q1 25
$828.0K
Q4 24
$24.6M
Q3 24
$9.6M
Q2 24
$6.3M
Q1 24
$-1.8M
FCF Margin
FNLC
FNLC
ZVIA
ZVIA
Q4 25
133.9%
Q3 25
51.4%
Q2 25
32.1%
Q1 25
3.8%
Q4 24
111.7%
Q3 24
47.0%
Q2 24
32.9%
Q1 24
-9.8%
Capex Intensity
FNLC
FNLC
ZVIA
ZVIA
Q4 25
12.5%
Q3 25
1.2%
Q2 25
0.6%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
0.5%
Q2 24
0.3%
Q1 24
1.8%
Cash Conversion
FNLC
FNLC
ZVIA
ZVIA
Q4 25
3.72×
Q3 25
1.42×
Q2 25
0.91×
Q1 25
0.31×
Q4 24
3.58×
Q3 24
1.29×
Q2 24
1.03×
Q1 24
-0.25×

Financial Flow Comparison

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

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