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Side-by-side financial comparison of Primis Financial Corp. (FRST) and OneSpan Inc. (OSPN). Click either name above to swap in a different company.
OneSpan Inc. is the larger business by last-quarter revenue ($65.9M vs $45.6M, roughly 1.4× Primis Financial Corp.). OneSpan Inc. runs the higher net margin — 17.5% vs 16.0%, a 1.5% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs 4.0%).
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.
OneSpan Inc. is an information security company based in Boston, Massachusetts. Services include an internet fraud prevention platform, multi-factor authentication tools and electronic signature software.
FRST vs OSPN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $45.6M | $65.9M |
| Net Profit | $7.3M | $11.6M |
| Gross Margin | — | 73.6% |
| Operating Margin | — | 22.5% |
| Net Margin | 16.0% | 17.5% |
| Revenue YoY | — | 4.1% |
| Net Profit YoY | 200.0% | — |
| EPS (diluted) | $0.30 | $0.39 |
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 | $65.9M | ||
| Q4 25 | $80.9M | $62.9M | ||
| Q3 25 | $41.0M | $57.1M | ||
| Q2 25 | $43.2M | $59.8M | ||
| Q1 25 | $58.7M | $63.4M | ||
| Q4 24 | $38.8M | $61.2M | ||
| Q3 24 | $37.3M | $56.2M | ||
| Q2 24 | $35.7M | $60.9M |
| Q1 26 | $7.3M | $11.6M | ||
| Q4 25 | $29.5M | $43.5M | ||
| Q3 25 | $6.8M | $6.5M | ||
| Q2 25 | $2.4M | $8.3M | ||
| Q1 25 | $22.6M | $14.5M | ||
| Q4 24 | $-26.2M | $28.8M | ||
| Q3 24 | $1.2M | $8.3M | ||
| Q2 24 | $3.4M | $6.6M |
| Q1 26 | — | 73.6% | ||
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 73.5% | ||
| Q1 25 | — | 74.3% | ||
| Q4 24 | — | 74.0% | ||
| Q3 24 | — | 73.9% | ||
| Q2 24 | — | 66.2% |
| Q1 26 | — | 22.5% | ||
| Q4 25 | 44.8% | 19.9% | ||
| Q3 25 | 21.3% | 14.4% | ||
| Q2 25 | 6.9% | 17.6% | ||
| Q1 25 | 41.9% | 27.1% | ||
| Q4 24 | -123.0% | 19.3% | ||
| Q3 24 | -3.1% | 20.0% | ||
| Q2 24 | 7.8% | 12.5% |
| Q1 26 | 16.0% | 17.5% | ||
| Q4 25 | 36.5% | 69.2% | ||
| Q3 25 | 16.7% | 11.4% | ||
| Q2 25 | 5.6% | 13.9% | ||
| Q1 25 | 38.6% | 22.9% | ||
| Q4 24 | -100.3% | 47.1% | ||
| Q3 24 | 3.3% | 14.7% | ||
| Q2 24 | 9.6% | 10.8% |
| Q1 26 | $0.30 | $0.39 | ||
| Q4 25 | $1.19 | $1.13 | ||
| Q3 25 | $0.28 | $0.17 | ||
| Q2 25 | $0.10 | $0.21 | ||
| Q1 25 | $0.92 | $0.37 | ||
| Q4 24 | $-0.95 | $0.73 | ||
| Q3 24 | $0.05 | $0.21 | ||
| Q2 24 | $0.14 | $0.17 |
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 | $49.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $427.2M | $272.0M |
| Total Assets | $4.3B | $383.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.9M | $49.8M | ||
| Q4 25 | $143.6M | $70.5M | ||
| Q3 25 | $63.9M | $85.6M | ||
| Q2 25 | $94.1M | $92.9M | ||
| Q1 25 | $57.0M | $105.2M | ||
| Q4 24 | $64.5M | $83.2M | ||
| Q3 24 | $77.3M | $77.5M | ||
| Q2 24 | $66.6M | $63.8M |
| Q1 26 | $427.2M | $272.0M | ||
| Q4 25 | $422.9M | $271.8M | ||
| Q3 25 | $382.2M | $238.3M | ||
| Q2 25 | $376.4M | $242.5M | ||
| Q1 25 | $375.6M | $231.1M | ||
| Q4 24 | $351.8M | $212.5M | ||
| Q3 24 | $381.0M | $194.6M | ||
| Q2 24 | $376.0M | $178.6M |
| Q1 26 | $4.3B | $383.1M | ||
| Q4 25 | $4.0B | $397.7M | ||
| Q3 25 | $4.0B | $343.5M | ||
| Q2 25 | $3.9B | $357.1M | ||
| Q1 25 | $3.7B | $333.8M | ||
| Q4 24 | $3.7B | $338.7M | ||
| Q3 24 | $4.0B | $289.3M | ||
| Q2 24 | $4.0B | $286.9M |
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 | — | $28.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $28.2M | ||
| Q4 25 | $10.8M | $12.6M | ||
| Q3 25 | $-11.4M | $11.3M | ||
| Q2 25 | $-41.0M | $6.2M | ||
| Q1 25 | $34.4M | $29.4M | ||
| Q4 24 | $19.5M | $12.4M | ||
| Q3 24 | $6.1M | $14.0M | ||
| Q2 24 | $52.3M | $2.3M |
| Q1 26 | — | — | ||
| Q4 25 | $9.0M | $9.6M | ||
| Q3 25 | — | $8.8M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $27.7M | ||
| Q4 24 | $18.3M | $10.5M | ||
| Q3 24 | — | $12.0M | ||
| Q2 24 | — | $26.0K |
| Q1 26 | — | — | ||
| Q4 25 | 11.2% | 15.3% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | 47.3% | 17.1% | ||
| Q3 24 | — | 21.4% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 4.7% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | 3.1% | 3.2% | ||
| Q3 24 | 0.0% | 3.5% | ||
| Q2 24 | 0.0% | 3.7% |
| Q1 26 | — | 2.44× | ||
| Q4 25 | 0.36× | 0.29× | ||
| Q3 25 | -1.67× | 1.74× | ||
| Q2 25 | -16.82× | 0.75× | ||
| Q1 25 | 1.52× | 2.02× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | 4.93× | 1.69× | ||
| Q2 24 | 15.21× | 0.35× |
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% |
OSPN
| Product and license | $35.5M | 54% |
| Services and other | $30.4M | 46% |
