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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and MP Materials Corp. (MP). Click either name above to swap in a different company.

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $90.6M, roughly 1.2× MP Materials Corp.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -8.8%, a 28.4% gap on every dollar of revenue. Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (70.3% 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.

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

FSUN vs MP — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.2× larger
FSUN
$110.0M
$90.6M
MP
Higher net margin
FSUN
FSUN
28.4% more per $
FSUN
19.6%
-8.8%
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
70.3%
6.9%
FSUN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FSUN
FSUN
MP
MP
Revenue
$110.0M
$90.6M
Net Profit
$21.6M
$-8.0M
Gross Margin
Operating Margin
Net Margin
19.6%
-8.8%
Revenue YoY
49.1%
Net Profit YoY
-8.4%
64.8%
EPS (diluted)
$0.76
$-0.04

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
MP
MP
Q1 26
$110.0M
$90.6M
Q4 25
$110.2M
$52.7M
Q3 25
$107.3M
$53.6M
Q2 25
$105.6M
$57.4M
Q1 25
$96.2M
$60.8M
Q4 24
$98.7M
$61.0M
Q3 24
$98.2M
$62.9M
Q2 24
$96.2M
$31.3M
Net Profit
FSUN
FSUN
MP
MP
Q1 26
$21.6M
$-8.0M
Q4 25
$24.8M
$9.4M
Q3 25
$23.2M
$-41.8M
Q2 25
$26.4M
$-30.9M
Q1 25
$23.6M
$-22.6M
Q4 24
$16.4M
$-22.3M
Q3 24
$22.4M
$-25.5M
Q2 24
$24.6M
$-34.1M
Operating Margin
FSUN
FSUN
MP
MP
Q1 26
Q4 25
29.0%
-7.0%
Q3 25
26.4%
-125.2%
Q2 25
31.2%
-76.5%
Q1 25
30.9%
-57.2%
Q4 24
20.4%
-72.1%
Q3 24
29.1%
-62.8%
Q2 24
32.3%
-171.1%
Net Margin
FSUN
FSUN
MP
MP
Q1 26
19.6%
-8.8%
Q4 25
22.5%
17.9%
Q3 25
21.6%
-78.0%
Q2 25
25.0%
-53.8%
Q1 25
24.5%
-37.2%
Q4 24
16.6%
-36.6%
Q3 24
22.8%
-40.5%
Q2 24
25.5%
-108.9%
EPS (diluted)
FSUN
FSUN
MP
MP
Q1 26
$0.76
$-0.04
Q4 25
$0.89
$0.07
Q3 25
$0.82
$-0.24
Q2 25
$0.93
$-0.19
Q1 25
$0.83
$-0.14
Q4 24
$0.57
$-0.12
Q3 24
$0.79
$-0.16
Q2 24
$0.88
$-0.21

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
MP
MP
Cash + ST InvestmentsLiquidity on hand
$413.7M
$1.7B
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.2B
$2.0B
Total Assets
$8.6B
$3.8B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
MP
MP
Q1 26
$413.7M
$1.7B
Q4 25
$652.6M
$1.2B
Q3 25
$659.9M
$1.1B
Q2 25
$785.1M
$261.5M
Q1 25
$621.4M
$198.3M
Q4 24
$615.9M
$282.4M
Q3 24
$573.7M
$284.4M
Q2 24
$535.8M
$295.6M
Total Debt
FSUN
FSUN
MP
MP
Q1 26
$1.0B
Q4 25
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$908.7M
Q3 24
Q2 24
Stockholders' Equity
FSUN
FSUN
MP
MP
Q1 26
$1.2B
$2.0B
Q4 25
$1.2B
$2.0B
Q3 25
$1.1B
$2.0B
Q2 25
$1.1B
$1.0B
Q1 25
$1.1B
$1.0B
Q4 24
$1.0B
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$996.6M
$1.1B
Total Assets
FSUN
FSUN
MP
MP
Q1 26
$8.6B
$3.8B
Q4 25
$8.5B
$3.9B
Q3 25
$8.5B
$3.8B
Q2 25
$8.4B
$2.3B
Q1 25
$8.2B
$2.4B
Q4 24
$8.1B
$2.3B
Q3 24
$8.1B
$2.3B
Q2 24
$8.0B
$2.4B
Debt / Equity
FSUN
FSUN
MP
MP
Q1 26
0.51×
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
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
FSUN
FSUN
MP
MP
Operating Cash FlowLast quarter
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
MP
MP
Q1 26
$-1.9M
Q4 25
$111.5M
$-46.9M
Q3 25
$49.4M
$-42.0M
Q2 25
$15.0M
$-3.7M
Q1 25
$26.4M
$-63.2M
Q4 24
$101.1M
$30.5M
Q3 24
$48.1M
$-6.8M
Q2 24
$20.9M
$30.8M
Free Cash Flow
FSUN
FSUN
MP
MP
Q1 26
Q4 25
$104.0M
$-109.3M
Q3 25
$47.6M
$-92.5M
Q2 25
$13.0M
$-32.7M
Q1 25
$24.3M
$-93.7M
Q4 24
$95.7M
$-11.2M
Q3 24
$47.1M
$-53.3M
Q2 24
$19.9M
$-15.6M
FCF Margin
FSUN
FSUN
MP
MP
Q1 26
Q4 25
94.3%
-207.4%
Q3 25
44.4%
-172.8%
Q2 25
12.3%
-56.9%
Q1 25
25.3%
-154.0%
Q4 24
97.0%
-18.3%
Q3 24
47.9%
-84.7%
Q2 24
20.6%
-50.1%
Capex Intensity
FSUN
FSUN
MP
MP
Q1 26
Q4 25
6.8%
118.5%
Q3 25
1.6%
94.3%
Q2 25
1.9%
50.5%
Q1 25
2.1%
50.1%
Q4 24
5.5%
68.3%
Q3 24
1.1%
73.8%
Q2 24
1.1%
148.7%
Cash Conversion
FSUN
FSUN
MP
MP
Q1 26
Q4 25
4.49×
-4.97×
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%

MP
MP

Materials Segment$72.2M80%
Magnetics Segment$21.1M23%

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