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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and Health Catalyst, Inc. (HCAT). Click either name above to swap in a different company.

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $74.7M, roughly 1.5× Health Catalyst, Inc.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -121.9%, a 141.5% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -0.0%).

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

FSUN vs HCAT — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.5× larger
FSUN
$110.0M
$74.7M
HCAT
Higher net margin
FSUN
FSUN
141.5% more per $
FSUN
19.6%
-121.9%
HCAT
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-0.0%
HCAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSUN
FSUN
HCAT
HCAT
Revenue
$110.0M
$74.7M
Net Profit
$21.6M
$-91.0M
Gross Margin
Operating Margin
-115.3%
Net Margin
19.6%
-121.9%
Revenue YoY
-6.2%
Net Profit YoY
-8.4%
-340.3%
EPS (diluted)
$0.76
$-1.29

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
FSUN
FSUN
HCAT
HCAT
Q1 26
$110.0M
Q4 25
$110.2M
$74.7M
Q3 25
$107.3M
$76.3M
Q2 25
$105.6M
$80.7M
Q1 25
$96.2M
$79.4M
Q4 24
$98.7M
$79.6M
Q3 24
$98.2M
$76.4M
Q2 24
$96.2M
$75.9M
Net Profit
FSUN
FSUN
HCAT
HCAT
Q1 26
$21.6M
Q4 25
$24.8M
$-91.0M
Q3 25
$23.2M
$-22.2M
Q2 25
$26.4M
$-41.0M
Q1 25
$23.6M
$-23.7M
Q4 24
$16.4M
$-20.7M
Q3 24
$22.4M
$-14.7M
Q2 24
$24.6M
$-13.5M
Gross Margin
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
Q3 25
52.6%
Q2 25
Q1 25
Q4 24
Q3 24
47.5%
Q2 24
Operating Margin
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
29.0%
-115.3%
Q3 25
26.4%
-22.9%
Q2 25
31.2%
-46.0%
Q1 25
30.9%
-25.4%
Q4 24
20.4%
-22.0%
Q3 24
29.1%
-17.9%
Q2 24
32.3%
-20.8%
Net Margin
FSUN
FSUN
HCAT
HCAT
Q1 26
19.6%
Q4 25
22.5%
-121.9%
Q3 25
21.6%
-29.1%
Q2 25
25.0%
-50.8%
Q1 25
24.5%
-29.9%
Q4 24
16.6%
-26.0%
Q3 24
22.8%
-19.3%
Q2 24
25.5%
-17.8%
EPS (diluted)
FSUN
FSUN
HCAT
HCAT
Q1 26
$0.76
Q4 25
$0.89
$-1.29
Q3 25
$0.82
$-0.32
Q2 25
$0.93
$-0.59
Q1 25
$0.83
$-0.35
Q4 24
$0.57
$-0.33
Q3 24
$0.79
$-0.24
Q2 24
$0.88
$-0.23

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
HCAT
HCAT
Cash + ST InvestmentsLiquidity on hand
$413.7M
$95.7M
Total DebtLower is stronger
$153.3M
Stockholders' EquityBook value
$1.2B
$245.8M
Total Assets
$8.6B
$502.6M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
HCAT
HCAT
Q1 26
$413.7M
Q4 25
$652.6M
$95.7M
Q3 25
$659.9M
$91.5M
Q2 25
$785.1M
$97.3M
Q1 25
$621.4M
$342.0M
Q4 24
$615.9M
$392.0M
Q3 24
$573.7M
$387.3M
Q2 24
$535.8M
$308.3M
Total Debt
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
$153.3M
Q3 25
$153.1M
Q2 25
$153.0M
Q1 25
$382.9M
Q4 24
$382.4M
Q3 24
$345.0M
Q2 24
Stockholders' Equity
FSUN
FSUN
HCAT
HCAT
Q1 26
$1.2B
Q4 25
$1.2B
$245.8M
Q3 25
$1.1B
$331.9M
Q2 25
$1.1B
$347.5M
Q1 25
$1.1B
$376.8M
Q4 24
$1.0B
$365.2M
Q3 24
$1.0B
$355.0M
Q2 24
$996.6M
$357.0M
Total Assets
FSUN
FSUN
HCAT
HCAT
Q1 26
$8.6B
Q4 25
$8.5B
$502.6M
Q3 25
$8.5B
$587.1M
Q2 25
$8.4B
$616.2M
Q1 25
$8.2B
$891.5M
Q4 24
$8.1B
$858.9M
Q3 24
$8.1B
$813.0M
Q2 24
$8.0B
$691.7M
Debt / Equity
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
0.62×
Q3 25
0.46×
Q2 25
0.44×
Q1 25
1.02×
Q4 24
1.05×
Q3 24
0.97×
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
FSUN
FSUN
HCAT
HCAT
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
12.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-697.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
$111.5M
$9.9M
Q3 25
$49.4M
$-464.0K
Q2 25
$15.0M
$-9.0M
Q1 25
$26.4M
$280.0K
Q4 24
$101.1M
$-3.5M
Q3 24
$48.1M
$6.2M
Q2 24
$20.9M
$1.6M
Free Cash Flow
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
$104.0M
$9.6M
Q3 25
$47.6M
$-719.0K
Q2 25
$13.0M
$-9.2M
Q1 25
$24.3M
$-390.0K
Q4 24
$95.7M
$-3.9M
Q3 24
$47.1M
$5.5M
Q2 24
$19.9M
$1.3M
FCF Margin
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
94.3%
12.9%
Q3 25
44.4%
-0.9%
Q2 25
12.3%
-11.4%
Q1 25
25.3%
-0.5%
Q4 24
97.0%
-4.9%
Q3 24
47.9%
7.2%
Q2 24
20.6%
1.7%
Capex Intensity
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
6.8%
0.4%
Q3 25
1.6%
0.3%
Q2 25
1.9%
0.3%
Q1 25
2.1%
0.8%
Q4 24
5.5%
0.5%
Q3 24
1.1%
0.9%
Q2 24
1.1%
0.4%
Cash Conversion
FSUN
FSUN
HCAT
HCAT
Q1 26
Q4 25
4.49×
Q3 25
2.13×
Q2 25
0.57×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
2.15×
Q2 24
0.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

HCAT
HCAT

Recurring Technology$51.9M69%
Professional Services$22.8M31%

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