vs
Side-by-side financial comparison of Primis Financial Corp. (FRST) and Lifeway Foods, Inc. (LWAY). Click either name above to swap in a different company.
Lifeway Foods, Inc. is the larger business by last-quarter revenue ($55.4M vs $45.6M, roughly 1.2× Primis Financial Corp.). Primis Financial Corp. runs the higher net margin — 16.0% vs 4.6%, a 11.4% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs 11.4%).
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.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
FRST vs LWAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $45.6M | $55.4M |
| Net Profit | $7.3M | $2.5M |
| Gross Margin | — | 27.8% |
| Operating Margin | — | 6.8% |
| Net Margin | 16.0% | 4.6% |
| Revenue YoY | — | 18.0% |
| Net Profit YoY | 200.0% | 1688.1% |
| EPS (diluted) | $0.30 | $0.15 |
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 | $45.6M | — | ||
| Q4 25 | $80.9M | $55.4M | ||
| Q3 25 | $41.0M | $57.1M | ||
| Q2 25 | $43.2M | $53.9M | ||
| Q1 25 | $58.7M | $46.1M | ||
| Q4 24 | $38.8M | $46.9M | ||
| Q3 24 | $37.3M | $46.1M | ||
| Q2 24 | $35.7M | $49.2M |
| Q1 26 | $7.3M | — | ||
| Q4 25 | $29.5M | $2.5M | ||
| Q3 25 | $6.8M | $3.5M | ||
| Q2 25 | $2.4M | $4.2M | ||
| Q1 25 | $22.6M | $3.5M | ||
| Q4 24 | $-26.2M | $-160.0K | ||
| Q3 24 | $1.2M | $3.0M | ||
| Q2 24 | $3.4M | $3.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 27.8% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.7% | ||
| Q2 24 | — | 27.0% |
| Q1 26 | — | — | ||
| Q4 25 | 44.8% | 6.8% | ||
| Q3 25 | 21.3% | 8.8% | ||
| Q2 25 | 6.9% | 10.8% | ||
| Q1 25 | 41.9% | 3.4% | ||
| Q4 24 | -123.0% | 1.5% | ||
| Q3 24 | -3.1% | 9.1% | ||
| Q2 24 | 7.8% | 11.0% |
| Q1 26 | 16.0% | — | ||
| Q4 25 | 36.5% | 4.6% | ||
| Q3 25 | 16.7% | 6.2% | ||
| Q2 25 | 5.6% | 7.9% | ||
| Q1 25 | 38.6% | 7.7% | ||
| Q4 24 | -100.3% | -0.3% | ||
| Q3 24 | 3.3% | 6.5% | ||
| Q2 24 | 9.6% | 7.7% |
| Q1 26 | $0.30 | — | ||
| Q4 25 | $1.19 | $0.15 | ||
| Q3 25 | $0.28 | $0.23 | ||
| Q2 25 | $0.10 | $0.28 | ||
| Q1 25 | $0.92 | $0.23 | ||
| Q4 24 | $-0.95 | $0.00 | ||
| Q3 24 | $0.05 | $0.19 | ||
| Q2 24 | $0.14 | $0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $159.9M | $5.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $427.2M | $85.8M |
| Total Assets | $4.3B | $105.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.9M | — | ||
| Q4 25 | $143.6M | $5.6M | ||
| Q3 25 | $63.9M | $23.0M | ||
| Q2 25 | $94.1M | $21.2M | ||
| Q1 25 | $57.0M | $19.4M | ||
| Q4 24 | $64.5M | $16.7M | ||
| Q3 24 | $77.3M | $20.6M | ||
| Q2 24 | $66.6M | $14.6M |
| Q1 26 | $427.2M | — | ||
| Q4 25 | $422.9M | $85.8M | ||
| Q3 25 | $382.2M | $82.8M | ||
| Q2 25 | $376.4M | $78.7M | ||
| Q1 25 | $375.6M | $74.2M | ||
| Q4 24 | $351.8M | $71.9M | ||
| Q3 24 | $381.0M | $71.5M | ||
| Q2 24 | $376.0M | $68.0M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.0B | $105.6M | ||
| Q3 25 | $4.0B | $109.5M | ||
| Q2 25 | $3.9B | $98.3M | ||
| Q1 25 | $3.7B | $93.7M | ||
| Q4 24 | $3.7B | $90.5M | ||
| Q3 24 | $4.0B | $91.3M | ||
| Q2 24 | $4.0B | $84.9M |
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 | — | $267.0K |
| Free Cash FlowOCF − Capex | — | $-17.4M |
| FCF MarginFCF / Revenue | — | -31.5% |
| Capex IntensityCapex / Revenue | — | 31.9% |
| Cash ConversionOCF / Net Profit | — | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $267.0K | ||
| Q3 25 | $-11.4M | $6.9M | ||
| Q2 25 | $-41.0M | $3.9M | ||
| Q1 25 | $34.4M | $-150.0K | ||
| Q4 24 | $19.5M | $-2.6M | ||
| Q3 24 | $6.1M | $7.5M | ||
| Q2 24 | $52.3M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | $9.0M | $-17.4M | ||
| Q3 25 | — | $1.8M | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $-2.4M | ||
| Q4 24 | $18.3M | $-3.8M | ||
| Q3 24 | — | $5.9M | ||
| Q2 24 | — | $5.1M |
| Q1 26 | — | — | ||
| Q4 25 | 11.2% | -31.5% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | -5.1% | ||
| Q4 24 | 47.3% | -8.2% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 10.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 31.9% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 0.0% | 3.3% | ||
| Q2 24 | 0.0% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.36× | 0.11× | ||
| Q3 25 | -1.67× | 1.96× | ||
| Q2 25 | -16.82× | 0.92× | ||
| Q1 25 | 1.52× | -0.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.93× | 2.50× | ||
| Q2 24 | 15.21× | 1.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRST
| Net Interest Income | $32.1M | 70% |
| Noninterest Income | $13.6M | 30% |
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
