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

Primis Financial Corp. is the larger business by last-quarter revenue ($45.6M vs $28.9M, roughly 1.6× Outset Medical, Inc.). Primis Financial Corp. runs the higher net margin — 16.0% vs -67.5%, a 83.5% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs 1.2%).

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.

Outset Medical, Inc. is a medical technology company focused on developing and commercializing innovative dialysis solutions for patients living with kidney disease. Its flagship Tablo Hemodialysis System supports use in acute care facilities, outpatient clinics, and home settings, serving healthcare providers and patients across the U.S. and select international markets.

FRST vs OM — Head-to-Head

Bigger by revenue
FRST
FRST
1.6× larger
FRST
$45.6M
$28.9M
OM
Higher net margin
FRST
FRST
83.5% more per $
FRST
16.0%
-67.5%
OM
Faster 2-yr revenue CAGR
FRST
FRST
Annualised
FRST
13.0%
1.2%
OM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRST
FRST
OM
OM
Revenue
$45.6M
$28.9M
Net Profit
$7.3M
$-19.5M
Gross Margin
42.4%
Operating Margin
-61.1%
Net Margin
16.0%
-67.5%
Revenue YoY
-2.0%
Net Profit YoY
200.0%
24.0%
EPS (diluted)
$0.30
$0.33

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
OM
OM
Q1 26
$45.6M
Q4 25
$80.9M
$28.9M
Q3 25
$41.0M
$29.4M
Q2 25
$43.2M
$31.4M
Q1 25
$58.7M
$29.8M
Q4 24
$38.8M
$29.5M
Q3 24
$37.3M
$28.7M
Q2 24
$35.7M
$27.4M
Net Profit
FRST
FRST
OM
OM
Q1 26
$7.3M
Q4 25
$29.5M
$-19.5M
Q3 25
$6.8M
$-17.8M
Q2 25
$2.4M
$-18.5M
Q1 25
$22.6M
$-25.8M
Q4 24
$-26.2M
$-25.6M
Q3 24
$1.2M
$-27.9M
Q2 24
$3.4M
$-34.5M
Gross Margin
FRST
FRST
OM
OM
Q1 26
Q4 25
42.4%
Q3 25
39.4%
Q2 25
37.8%
Q1 25
37.2%
Q4 24
36.5%
Q3 24
34.3%
Q2 24
35.7%
Operating Margin
FRST
FRST
OM
OM
Q1 26
Q4 25
44.8%
-61.1%
Q3 25
21.3%
-53.7%
Q2 25
6.9%
-53.7%
Q1 25
41.9%
-55.1%
Q4 24
-123.0%
-74.2%
Q3 24
-3.1%
-83.2%
Q2 24
7.8%
-112.3%
Net Margin
FRST
FRST
OM
OM
Q1 26
16.0%
Q4 25
36.5%
-67.5%
Q3 25
16.7%
-60.6%
Q2 25
5.6%
-59.0%
Q1 25
38.6%
-86.7%
Q4 24
-100.3%
-87.0%
Q3 24
3.3%
-97.5%
Q2 24
9.6%
-125.8%
EPS (diluted)
FRST
FRST
OM
OM
Q1 26
$0.30
Q4 25
$1.19
$0.33
Q3 25
$0.28
$-1.00
Q2 25
$0.10
$-1.04
Q1 25
$0.92
$-3.66
Q4 24
$-0.95
$-7.21
Q3 24
$0.05
$-8.02
Q2 24
$0.14
$-9.96

Balance Sheet & Financial Strength

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

Metric
FRST
FRST
OM
OM
Cash + ST InvestmentsLiquidity on hand
$159.9M
$168.9M
Total DebtLower is stronger
$96.2M
Stockholders' EquityBook value
$427.2M
$127.0M
Total Assets
$4.3B
$264.5M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRST
FRST
OM
OM
Q1 26
$159.9M
Q4 25
$143.6M
$168.9M
Q3 25
$63.9M
$178.6M
Q2 25
$94.1M
$184.1M
Q1 25
$57.0M
$189.0M
Q4 24
$64.5M
$158.7M
Q3 24
$77.3M
$175.6M
Q2 24
$66.6M
$194.8M
Total Debt
FRST
FRST
OM
OM
Q1 26
Q4 25
$96.2M
Q3 25
Q2 25
Q1 25
Q4 24
$197.4M
Q3 24
Q2 24
Stockholders' Equity
FRST
FRST
OM
OM
Q1 26
$427.2M
Q4 25
$422.9M
$127.0M
Q3 25
$382.2M
$142.4M
Q2 25
$376.4M
$154.8M
Q1 25
$375.6M
$169.9M
Q4 24
$351.8M
$26.8M
Q3 24
$381.0M
$47.8M
Q2 24
$376.0M
$68.6M
Total Assets
FRST
FRST
OM
OM
Q1 26
$4.3B
Q4 25
$4.0B
$264.5M
Q3 25
$4.0B
$277.3M
Q2 25
$3.9B
$288.8M
Q1 25
$3.7B
$301.2M
Q4 24
$3.7B
$275.8M
Q3 24
$4.0B
$292.9M
Q2 24
$4.0B
$314.5M
Debt / Equity
FRST
FRST
OM
OM
Q1 26
Q4 25
0.76×
Q3 25
Q2 25
Q1 25
Q4 24
7.36×
Q3 24
Q2 24

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
OM
OM
Operating Cash FlowLast quarter
$-9.5M
Free Cash FlowOCF − Capex
$-9.7M
FCF MarginFCF / Revenue
-33.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-47.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRST
FRST
OM
OM
Q1 26
Q4 25
$10.8M
$-9.5M
Q3 25
$-11.4M
$-6.3M
Q2 25
$-41.0M
$-4.8M
Q1 25
$34.4M
$-25.7M
Q4 24
$19.5M
$-16.5M
Q3 24
$6.1M
$-20.6M
Q2 24
$52.3M
$-33.3M
Free Cash Flow
FRST
FRST
OM
OM
Q1 26
Q4 25
$9.0M
$-9.7M
Q3 25
$-6.5M
Q2 25
$-5.1M
Q1 25
$-25.8M
Q4 24
$18.3M
$-16.5M
Q3 24
$-21.0M
Q2 24
$-33.5M
FCF Margin
FRST
FRST
OM
OM
Q1 26
Q4 25
11.2%
-33.7%
Q3 25
-22.0%
Q2 25
-16.3%
Q1 25
-86.7%
Q4 24
47.3%
-56.1%
Q3 24
-73.1%
Q2 24
-122.2%
Capex Intensity
FRST
FRST
OM
OM
Q1 26
Q4 25
2.1%
0.8%
Q3 25
0.5%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
3.1%
0.1%
Q3 24
0.0%
1.4%
Q2 24
0.0%
0.4%
Cash Conversion
FRST
FRST
OM
OM
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%

OM
OM

Consumables Product$13.5M47%
Service And Other Revenue$9.0M31%
Consoles Product$6.4M22%

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