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Side-by-side financial comparison of Primis Financial Corp. (FRST) and Heartflow, Inc. (HTFL). Click either name above to swap in a different company.

Heartflow, Inc. is the larger business by last-quarter revenue ($46.3M vs $45.6M, roughly 1.0× Primis Financial Corp.). Primis Financial Corp. runs the higher net margin — 16.0% vs -109.9%, a 125.9% gap on every dollar of revenue.

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

HeartFlow, Inc. develops non-invasive cardiovascular diagnostic solutions for global healthcare providers. Its core product uses CT scan data to build 3D coronary artery models, assess blood flow to detect blockages, and support clinicians in making personalized heart disease treatment decisions without invasive procedures.

FRST vs HTFL — Head-to-Head

Bigger by revenue
HTFL
HTFL
1.0× larger
HTFL
$46.3M
$45.6M
FRST
Higher net margin
FRST
FRST
125.9% more per $
FRST
16.0%
-109.9%
HTFL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FRST
FRST
HTFL
HTFL
Revenue
$45.6M
$46.3M
Net Profit
$7.3M
$-50.9M
Gross Margin
76.5%
Operating Margin
-32.6%
Net Margin
16.0%
-109.9%
Revenue YoY
Net Profit YoY
200.0%
EPS (diluted)
$0.30
$-1.04

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
FRST
FRST
HTFL
HTFL
Q1 26
$45.6M
Q4 25
$80.9M
Q3 25
$41.0M
$46.3M
Q2 25
$43.2M
$43.4M
Q1 25
$58.7M
Q4 24
$38.8M
Q3 24
$37.3M
Q2 24
$35.7M
Net Profit
FRST
FRST
HTFL
HTFL
Q1 26
$7.3M
Q4 25
$29.5M
Q3 25
$6.8M
$-50.9M
Q2 25
$2.4M
$-9.2M
Q1 25
$22.6M
Q4 24
$-26.2M
Q3 24
$1.2M
Q2 24
$3.4M
Gross Margin
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
Q3 25
76.5%
Q2 25
75.5%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
44.8%
Q3 25
21.3%
-32.6%
Q2 25
6.9%
-31.6%
Q1 25
41.9%
Q4 24
-123.0%
Q3 24
-3.1%
Q2 24
7.8%
Net Margin
FRST
FRST
HTFL
HTFL
Q1 26
16.0%
Q4 25
36.5%
Q3 25
16.7%
-109.9%
Q2 25
5.6%
-21.2%
Q1 25
38.6%
Q4 24
-100.3%
Q3 24
3.3%
Q2 24
9.6%
EPS (diluted)
FRST
FRST
HTFL
HTFL
Q1 26
$0.30
Q4 25
$1.19
Q3 25
$0.28
$-1.04
Q2 25
$0.10
$-1.46
Q1 25
$0.92
Q4 24
$-0.95
Q3 24
$0.05
Q2 24
$0.14

Balance Sheet & Financial Strength

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

Metric
FRST
FRST
HTFL
HTFL
Cash + ST InvestmentsLiquidity on hand
$159.9M
$291.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$427.2M
$254.6M
Total Assets
$4.3B
$364.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRST
FRST
HTFL
HTFL
Q1 26
$159.9M
Q4 25
$143.6M
Q3 25
$63.9M
$291.2M
Q2 25
$94.1M
$80.2M
Q1 25
$57.0M
Q4 24
$64.5M
Q3 24
$77.3M
Q2 24
$66.6M
Stockholders' Equity
FRST
FRST
HTFL
HTFL
Q1 26
$427.2M
Q4 25
$422.9M
Q3 25
$382.2M
$254.6M
Q2 25
$376.4M
$-894.8M
Q1 25
$375.6M
Q4 24
$351.8M
Q3 24
$381.0M
Q2 24
$376.0M
Total Assets
FRST
FRST
HTFL
HTFL
Q1 26
$4.3B
Q4 25
$4.0B
Q3 25
$4.0B
$364.4M
Q2 25
$3.9B
$159.4M
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$4.0B
Q2 24
$4.0B

Cash Flow & Capital Efficiency

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

Metric
FRST
FRST
HTFL
HTFL
Operating Cash FlowLast quarter
$-3.0M
Free Cash FlowOCF − Capex
$-4.2M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
$10.8M
Q3 25
$-11.4M
$-3.0M
Q2 25
$-41.0M
$-40.5M
Q1 25
$34.4M
Q4 24
$19.5M
Q3 24
$6.1M
Q2 24
$52.3M
Free Cash Flow
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
$9.0M
Q3 25
$-4.2M
Q2 25
$-42.4M
Q1 25
Q4 24
$18.3M
Q3 24
Q2 24
FCF Margin
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
11.2%
Q3 25
-9.1%
Q2 25
-97.6%
Q1 25
Q4 24
47.3%
Q3 24
Q2 24
Capex Intensity
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
2.1%
Q3 25
2.7%
Q2 25
4.4%
Q1 25
Q4 24
3.1%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
FRST
FRST
HTFL
HTFL
Q1 26
Q4 25
0.36×
Q3 25
-1.67×
Q2 25
-16.82×
Q1 25
1.52×
Q4 24
Q3 24
4.93×
Q2 24
15.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

HTFL
HTFL

Segment breakdown not available.

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