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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and LIQUIDITY SERVICES INC (LQDT). Click either name above to swap in a different company.

LIQUIDITY SERVICES INC is the larger business by last-quarter revenue ($120.7M vs $110.0M, roughly 1.1× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 6.2%, a 13.4% gap on every dollar of revenue. Over the past eight quarters, LIQUIDITY SERVICES INC's revenue compounded faster (13.6% CAGR vs 6.9%).

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.

Liquidity Services, Inc. is an American e-commerce company providing surplus asset management services through a network of online marketplaces. It serves businesses and government agencies by facilitating the resale of surplus, returned, and end-of-life goods. Founded in 1999 and headquartered in Bethesda, Maryland, United States.

FSUN vs LQDT — Head-to-Head

Bigger by revenue
LQDT
LQDT
1.1× larger
LQDT
$120.7M
$110.0M
FSUN
Higher net margin
FSUN
FSUN
13.4% more per $
FSUN
19.6%
6.2%
LQDT
Faster 2-yr revenue CAGR
LQDT
LQDT
Annualised
LQDT
13.6%
6.9%
FSUN

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FSUN
FSUN
LQDT
LQDT
Revenue
$110.0M
$120.7M
Net Profit
$21.6M
$7.5M
Gross Margin
Operating Margin
8.0%
Net Margin
19.6%
6.2%
Revenue YoY
3.7%
Net Profit YoY
-8.4%
6.7%
EPS (diluted)
$0.76
$0.23

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
LQDT
LQDT
Q1 26
$110.0M
$120.7M
Q4 25
$110.2M
$121.2M
Q3 25
$107.3M
$118.1M
Q2 25
$105.6M
$119.9M
Q1 25
$96.2M
$116.4M
Q4 24
$98.7M
$122.3M
Q3 24
$98.2M
$106.9M
Q2 24
$96.2M
$93.6M
Net Profit
FSUN
FSUN
LQDT
LQDT
Q1 26
$21.6M
$7.5M
Q4 25
$24.8M
$7.5M
Q3 25
$23.2M
$7.8M
Q2 25
$26.4M
$7.4M
Q1 25
$23.6M
$7.1M
Q4 24
$16.4M
$5.8M
Q3 24
$22.4M
$6.4M
Q2 24
$24.6M
$6.0M
Gross Margin
FSUN
FSUN
LQDT
LQDT
Q1 26
Q4 25
47.0%
Q3 25
47.8%
Q2 25
45.7%
Q1 25
40.8%
Q4 24
41.0%
Q3 24
45.6%
Q2 24
52.8%
Operating Margin
FSUN
FSUN
LQDT
LQDT
Q1 26
8.0%
Q4 25
29.0%
7.7%
Q3 25
26.4%
9.3%
Q2 25
31.2%
8.5%
Q1 25
30.9%
5.8%
Q4 24
20.4%
5.8%
Q3 24
29.1%
6.8%
Q2 24
32.3%
8.4%
Net Margin
FSUN
FSUN
LQDT
LQDT
Q1 26
19.6%
6.2%
Q4 25
22.5%
6.2%
Q3 25
21.6%
6.6%
Q2 25
25.0%
6.2%
Q1 25
24.5%
6.1%
Q4 24
16.6%
4.7%
Q3 24
22.8%
6.0%
Q2 24
25.5%
6.4%
EPS (diluted)
FSUN
FSUN
LQDT
LQDT
Q1 26
$0.76
$0.23
Q4 25
$0.89
$0.23
Q3 25
$0.82
$0.24
Q2 25
$0.93
$0.23
Q1 25
$0.83
$0.22
Q4 24
$0.57
$0.18
Q3 24
$0.79
$0.20
Q2 24
$0.88
$0.19

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
LQDT
LQDT
Cash + ST InvestmentsLiquidity on hand
$413.7M
$204.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
Total Assets
$8.6B
$400.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
LQDT
LQDT
Q1 26
$413.7M
$204.0M
Q4 25
$652.6M
$11.6M
Q3 25
$659.9M
$11.2M
Q2 25
$785.1M
$11.4M
Q1 25
$621.4M
$10.5M
Q4 24
$615.9M
$10.4M
Q3 24
$573.7M
$2.3M
Q2 24
$535.8M
$6.5M
Stockholders' Equity
FSUN
FSUN
LQDT
LQDT
Q1 26
$1.2B
Q4 25
$1.2B
$215.3M
Q3 25
$1.1B
$203.2M
Q2 25
$1.1B
$208.7M
Q1 25
$1.1B
$196.3M
Q4 24
$1.0B
$189.2M
Q3 24
$1.0B
$182.6M
Q2 24
$996.6M
$172.0M
Total Assets
FSUN
FSUN
LQDT
LQDT
Q1 26
$8.6B
$400.4M
Q4 25
$8.5B
$369.1M
Q3 25
$8.5B
$375.1M
Q2 25
$8.4B
$372.4M
Q1 25
$8.2B
$358.8M
Q4 24
$8.1B
$333.2M
Q3 24
$8.1B
$346.9M
Q2 24
$8.0B
$325.5M

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
LQDT
LQDT
Operating Cash FlowLast quarter
$29.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
LQDT
LQDT
Q1 26
$29.0M
Q4 25
$111.5M
$-526.0K
Q3 25
$49.4M
$38.0M
Q2 25
$15.0M
$19.3M
Q1 25
$26.4M
$21.6M
Q4 24
$101.1M
$-12.1M
Q3 24
$48.1M
$22.0M
Q2 24
$20.9M
$22.2M
Free Cash Flow
FSUN
FSUN
LQDT
LQDT
Q1 26
Q4 25
$104.0M
$-2.8M
Q3 25
$47.6M
$36.0M
Q2 25
$13.0M
$17.2M
Q1 25
$24.3M
$19.8M
Q4 24
$95.7M
$-14.0M
Q3 24
$47.1M
$19.2M
Q2 24
$19.9M
$20.3M
FCF Margin
FSUN
FSUN
LQDT
LQDT
Q1 26
Q4 25
94.3%
-2.3%
Q3 25
44.4%
30.5%
Q2 25
12.3%
14.3%
Q1 25
25.3%
17.0%
Q4 24
97.0%
-11.4%
Q3 24
47.9%
17.9%
Q2 24
20.6%
21.7%
Capex Intensity
FSUN
FSUN
LQDT
LQDT
Q1 26
Q4 25
6.8%
1.9%
Q3 25
1.6%
1.7%
Q2 25
1.9%
1.8%
Q1 25
2.1%
1.6%
Q4 24
5.5%
1.5%
Q3 24
1.1%
2.7%
Q2 24
1.1%
2.1%
Cash Conversion
FSUN
FSUN
LQDT
LQDT
Q1 26
3.86×
Q4 25
4.49×
-0.07×
Q3 25
2.13×
4.86×
Q2 25
0.57×
2.60×
Q1 25
1.12×
3.07×
Q4 24
6.18×
-2.09×
Q3 24
2.15×
3.45×
Q2 24
0.85×
3.71×

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%

LQDT
LQDT

Purchase revenues$77.9M64%
Consignment and other fee revenues$42.9M36%

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