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Side-by-side financial comparison of Primis Financial Corp. (FRST) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $45.6M, roughly 1.9× Primis Financial Corp.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs 16.0%, a 2.3% gap on every dollar of revenue. Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs 13.0%).
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.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
FRST vs OPAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $45.6M | $88.4M |
| Net Profit | $7.3M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | — | 7.5% |
| Net Margin | 16.0% | 18.3% |
| Revenue YoY | — | 18.7% |
| Net Profit YoY | 200.0% | 401.5% |
| EPS (diluted) | $0.30 | $0.08 |
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 | $88.4M | ||
| Q3 25 | $41.0M | $77.9M | ||
| Q2 25 | $43.2M | $77.4M | ||
| Q1 25 | $58.7M | $83.0M | ||
| Q4 24 | $38.8M | $74.5M | ||
| Q3 24 | $37.3M | $82.6M | ||
| Q2 24 | $35.7M | $69.8M |
| Q1 26 | $7.3M | — | ||
| Q4 25 | $29.5M | $16.2M | ||
| Q3 25 | $6.8M | $11.4M | ||
| Q2 25 | $2.4M | $7.6M | ||
| Q1 25 | $22.6M | $1.3M | ||
| Q4 24 | $-26.2M | $-5.4M | ||
| Q3 24 | $1.2M | $17.1M | ||
| Q2 24 | $3.4M | $1.9M |
| Q1 26 | — | — | ||
| Q4 25 | 44.8% | 7.5% | ||
| Q3 25 | 21.3% | 4.6% | ||
| Q2 25 | 6.9% | -1.1% | ||
| Q1 25 | 41.9% | -2.3% | ||
| Q4 24 | -123.0% | -0.5% | ||
| Q3 24 | -3.1% | 14.9% | ||
| Q2 24 | 7.8% | 8.1% |
| Q1 26 | 16.0% | — | ||
| Q4 25 | 36.5% | 18.3% | ||
| Q3 25 | 16.7% | 14.6% | ||
| Q2 25 | 5.6% | 9.8% | ||
| Q1 25 | 38.6% | 1.5% | ||
| Q4 24 | -100.3% | -7.2% | ||
| Q3 24 | 3.3% | 20.7% | ||
| Q2 24 | 9.6% | 2.7% |
| Q1 26 | $0.30 | — | ||
| Q4 25 | $1.19 | $0.08 | ||
| Q3 25 | $0.28 | $0.05 | ||
| Q2 25 | $0.10 | $0.03 | ||
| Q1 25 | $0.92 | $-0.01 | ||
| Q4 24 | $-0.95 | $-0.05 | ||
| Q3 24 | $0.05 | $0.09 | ||
| Q2 24 | $0.14 | $-0.01 |
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 | $24.4M |
| Total DebtLower is stronger | — | $361.3M |
| Stockholders' EquityBook value | $427.2M | $-12.9M |
| Total Assets | $4.3B | $959.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.9M | — | ||
| Q4 25 | $143.6M | $24.4M | ||
| Q3 25 | $63.9M | $29.9M | ||
| Q2 25 | $94.1M | $29.3M | ||
| Q1 25 | $57.0M | $40.1M | ||
| Q4 24 | $64.5M | $24.3M | ||
| Q3 24 | $77.3M | $31.0M | ||
| Q2 24 | $66.6M | $27.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M |
| Q1 26 | $427.2M | — | ||
| Q4 25 | $422.9M | $-12.9M | ||
| Q3 25 | $382.2M | $7.5M | ||
| Q2 25 | $376.4M | $-25.0M | ||
| Q1 25 | $375.6M | $57.1M | ||
| Q4 24 | $351.8M | $-148.4M | ||
| Q3 24 | $381.0M | $-180.1M | ||
| Q2 24 | $376.0M | $-273.0M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.0B | $959.5M | ||
| Q3 25 | $4.0B | $916.7M | ||
| Q2 25 | $3.9B | $905.5M | ||
| Q1 25 | $3.7B | $884.9M | ||
| Q4 24 | $3.7B | $881.1M | ||
| Q3 24 | $4.0B | $831.1M | ||
| Q2 24 | $4.0B | $782.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| Q4 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-3.5M |
| Free Cash FlowOCF − Capex | — | $-13.4M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | — | 11.1% |
| Cash ConversionOCF / Net Profit | — | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $-3.5M | ||
| Q3 25 | $-11.4M | $18.2M | ||
| Q2 25 | $-41.0M | $-7.9M | ||
| Q1 25 | $34.4M | $29.7M | ||
| Q4 24 | $19.5M | $-532.0K | ||
| Q3 24 | $6.1M | $17.7M | ||
| Q2 24 | $52.3M | $533.0K |
| Q1 26 | — | — | ||
| Q4 25 | $9.0M | $-13.4M | ||
| Q3 25 | — | $-9.3M | ||
| Q2 25 | — | $-29.7M | ||
| Q1 25 | — | $18.1M | ||
| Q4 24 | $18.3M | $-55.0M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-22.5M |
| Q1 26 | — | — | ||
| Q4 25 | 11.2% | -15.1% | ||
| Q3 25 | — | -11.9% | ||
| Q2 25 | — | -38.4% | ||
| Q1 25 | — | 21.8% | ||
| Q4 24 | 47.3% | -73.8% | ||
| Q3 24 | — | -6.5% | ||
| Q2 24 | — | -32.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 11.1% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 13.9% | ||
| Q4 24 | 3.1% | 73.1% | ||
| Q3 24 | 0.0% | 27.9% | ||
| Q2 24 | 0.0% | 32.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.36× | -0.22× | ||
| Q3 25 | -1.67× | 1.60× | ||
| Q2 25 | -16.82× | -1.04× | ||
| Q1 25 | 1.52× | 23.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.93× | 1.03× | ||
| Q2 24 | 15.21× | 0.28× |
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% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
