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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

Mayville Engineering Company, Inc. is the larger business by last-quarter revenue ($134.3M vs $110.0M, roughly 1.2× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -3.2%, a 22.9% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -8.8%).

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.

Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.

FSUN vs MEC — Head-to-Head

Bigger by revenue
MEC
MEC
1.2× larger
MEC
$134.3M
$110.0M
FSUN
Higher net margin
FSUN
FSUN
22.9% more per $
FSUN
19.6%
-3.2%
MEC
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-8.8%
MEC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSUN
FSUN
MEC
MEC
Revenue
$110.0M
$134.3M
Net Profit
$21.6M
$-4.4M
Gross Margin
6.8%
Operating Margin
-4.1%
Net Margin
19.6%
-3.2%
Revenue YoY
10.7%
Net Profit YoY
-8.4%
-127.3%
EPS (diluted)
$0.76
$-0.22

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
MEC
MEC
Q1 26
$110.0M
Q4 25
$110.2M
$134.3M
Q3 25
$107.3M
$144.3M
Q2 25
$105.6M
$132.3M
Q1 25
$96.2M
$135.6M
Q4 24
$98.7M
$121.3M
Q3 24
$98.2M
$135.4M
Q2 24
$96.2M
$163.6M
Net Profit
FSUN
FSUN
MEC
MEC
Q1 26
$21.6M
Q4 25
$24.8M
$-4.4M
Q3 25
$23.2M
$-2.7M
Q2 25
$26.4M
$-1.1M
Q1 25
$23.6M
$20.0K
Q4 24
$16.4M
$16.0M
Q3 24
$22.4M
$3.0M
Q2 24
$24.6M
$3.8M
Gross Margin
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
6.8%
Q3 25
11.0%
Q2 25
10.3%
Q1 25
11.3%
Q4 24
8.9%
Q3 24
12.6%
Q2 24
13.6%
Operating Margin
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
29.0%
-4.1%
Q3 25
26.4%
0.0%
Q2 25
31.2%
0.1%
Q1 25
30.9%
1.2%
Q4 24
20.4%
19.0%
Q3 24
29.1%
4.2%
Q2 24
32.3%
5.0%
Net Margin
FSUN
FSUN
MEC
MEC
Q1 26
19.6%
Q4 25
22.5%
-3.2%
Q3 25
21.6%
-1.9%
Q2 25
25.0%
-0.8%
Q1 25
24.5%
0.0%
Q4 24
16.6%
13.2%
Q3 24
22.8%
2.2%
Q2 24
25.5%
2.3%
EPS (diluted)
FSUN
FSUN
MEC
MEC
Q1 26
$0.76
Q4 25
$0.89
$-0.22
Q3 25
$0.82
$-0.13
Q2 25
$0.93
$-0.05
Q1 25
$0.83
$0.00
Q4 24
$0.57
$0.76
Q3 24
$0.79
$0.14
Q2 24
$0.88
$0.18

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$413.7M
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$240.7M
Total Assets
$8.6B
$563.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
MEC
MEC
Q1 26
$413.7M
Q4 25
$652.6M
$1.5M
Q3 25
$659.9M
$1.2M
Q2 25
$785.1M
$206.0K
Q1 25
$621.4M
$183.0K
Q4 24
$615.9M
$206.0K
Q3 24
$573.7M
$178.0K
Q2 24
$535.8M
$314.0K
Stockholders' Equity
FSUN
FSUN
MEC
MEC
Q1 26
$1.2B
Q4 25
$1.2B
$240.7M
Q3 25
$1.1B
$244.8M
Q2 25
$1.1B
$246.8M
Q1 25
$1.1B
$250.0M
Q4 24
$1.0B
$251.8M
Q3 24
$1.0B
$238.4M
Q2 24
$996.6M
$238.1M
Total Assets
FSUN
FSUN
MEC
MEC
Q1 26
$8.6B
Q4 25
$8.5B
$563.6M
Q3 25
$8.5B
$585.6M
Q2 25
$8.4B
$433.7M
Q1 25
$8.2B
$447.7M
Q4 24
$8.1B
$445.6M
Q3 24
$8.1B
$466.0M
Q2 24
$8.0B
$488.2M

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
MEC
MEC
Operating Cash FlowLast quarter
$13.4M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
$111.5M
$13.4M
Q3 25
$49.4M
$1.9M
Q2 25
$15.0M
$15.0M
Q1 25
$26.4M
$8.3M
Q4 24
$101.1M
$38.0M
Q3 24
$48.1M
$17.9M
Q2 24
$20.9M
$23.3M
Free Cash Flow
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
$104.0M
$10.2M
Q3 25
$47.6M
$-1.1M
Q2 25
$13.0M
$12.5M
Q1 25
$24.3M
$5.4M
Q4 24
$95.7M
$35.6M
Q3 24
$47.1M
$15.1M
Q2 24
$19.9M
$19.2M
FCF Margin
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
94.3%
7.6%
Q3 25
44.4%
-0.8%
Q2 25
12.3%
9.5%
Q1 25
25.3%
4.0%
Q4 24
97.0%
29.4%
Q3 24
47.9%
11.1%
Q2 24
20.6%
11.7%
Capex Intensity
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
6.8%
2.4%
Q3 25
1.6%
2.1%
Q2 25
1.9%
1.8%
Q1 25
2.1%
2.2%
Q4 24
5.5%
1.9%
Q3 24
1.1%
2.1%
Q2 24
1.1%
2.5%
Cash Conversion
FSUN
FSUN
MEC
MEC
Q1 26
Q4 25
4.49×
Q3 25
2.13×
Q2 25
0.57×
Q1 25
1.12×
416.65×
Q4 24
6.18×
2.38×
Q3 24
2.15×
6.03×
Q2 24
0.85×
6.15×

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%

MEC
MEC

Fabrication$72.2M54%
Construction And Access$19.2M14%
Tubes$16.2M12%
Other Market$11.9M9%
Agriculture$7.7M6%
Military$6.7M5%
Outdoor Sports$1.7M1%

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