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

Marqeta, Inc. is the larger business by last-quarter revenue ($172.1M vs $110.0M, roughly 1.6× FIRSTSUN CAPITAL BANCORP). Over the past eight quarters, Marqeta, Inc.'s revenue compounded faster (20.8% 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.

Marqeta, Inc. operates a cloud-native open API platform for modern card issuing and digital payment processing. Its solutions empower fintech startups, large retailers, and enterprise clients to launch customized physical and virtual payment cards, as well as embedded finance products across global consumer and commercial markets.

FSUN vs MQ — Head-to-Head

Bigger by revenue
MQ
MQ
1.6× larger
MQ
$172.1M
$110.0M
FSUN
Faster 2-yr revenue CAGR
MQ
MQ
Annualised
MQ
20.8%
6.9%
FSUN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSUN
FSUN
MQ
MQ
Revenue
$110.0M
$172.1M
Net Profit
$21.6M
Gross Margin
69.7%
Operating Margin
-4.8%
Net Margin
19.6%
Revenue YoY
26.7%
Net Profit YoY
-8.4%
EPS (diluted)
$0.76

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
MQ
MQ
Q1 26
$110.0M
Q4 25
$110.2M
$172.1M
Q3 25
$107.3M
$163.3M
Q2 25
$105.6M
$150.4M
Q1 25
$96.2M
$139.1M
Q4 24
$98.7M
$135.8M
Q3 24
$98.2M
$128.0M
Q2 24
$96.2M
$125.3M
Net Profit
FSUN
FSUN
MQ
MQ
Q1 26
$21.6M
Q4 25
$24.8M
Q3 25
$23.2M
$-3.6M
Q2 25
$26.4M
$-647.0K
Q1 25
$23.6M
$-8.3M
Q4 24
$16.4M
Q3 24
$22.4M
$-28.6M
Q2 24
$24.6M
$119.1M
Gross Margin
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
69.7%
Q3 25
70.1%
Q2 25
69.2%
Q1 25
71.0%
Q4 24
72.3%
Q3 24
70.4%
Q2 24
63.3%
Operating Margin
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
29.0%
-4.8%
Q3 25
26.4%
-6.4%
Q2 25
31.2%
-6.1%
Q1 25
30.9%
-13.3%
Q4 24
20.4%
-27.6%
Q3 24
29.1%
-33.0%
Q2 24
32.3%
83.9%
Net Margin
FSUN
FSUN
MQ
MQ
Q1 26
19.6%
Q4 25
22.5%
Q3 25
21.6%
-2.2%
Q2 25
25.0%
-0.4%
Q1 25
24.5%
-5.9%
Q4 24
16.6%
Q3 24
22.8%
-22.4%
Q2 24
25.5%
95.1%
EPS (diluted)
FSUN
FSUN
MQ
MQ
Q1 26
$0.76
Q4 25
$0.89
Q3 25
$0.82
Q2 25
$0.93
Q1 25
$0.83
Q4 24
$0.57
Q3 24
$0.79
Q2 24
$0.88

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
MQ
MQ
Cash + ST InvestmentsLiquidity on hand
$413.7M
$709.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$762.0M
Total Assets
$8.6B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
MQ
MQ
Q1 26
$413.7M
Q4 25
$652.6M
$709.4M
Q3 25
$659.9M
$747.2M
Q2 25
$785.1M
$732.7M
Q1 25
$621.4M
$830.9M
Q4 24
$615.9M
$923.0M
Q3 24
$573.7M
$886.4M
Q2 24
$535.8M
$924.7M
Stockholders' Equity
FSUN
FSUN
MQ
MQ
Q1 26
$1.2B
Q4 25
$1.2B
$762.0M
Q3 25
$1.1B
$839.2M
Q2 25
$1.1B
$843.4M
Q1 25
$1.1B
$987.3M
Q4 24
$1.0B
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$996.6M
$1.1B
Total Assets
FSUN
FSUN
MQ
MQ
Q1 26
$8.6B
Q4 25
$8.5B
$1.5B
Q3 25
$8.5B
$1.5B
Q2 25
$8.4B
$1.2B
Q1 25
$8.2B
$1.3B
Q4 24
$8.1B
$1.5B
Q3 24
$8.1B
$1.4B
Q2 24
$8.0B
$1.5B

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
MQ
MQ
Operating Cash FlowLast quarter
$53.3M
Free Cash FlowOCF − Capex
$53.2M
FCF MarginFCF / Revenue
30.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$160.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
$111.5M
$53.3M
Q3 25
$49.4M
$86.8M
Q2 25
$15.0M
$12.5M
Q1 25
$26.4M
$10.0M
Q4 24
$101.1M
$24.8M
Q3 24
$48.1M
$7.3M
Q2 24
$20.9M
$25.7M
Free Cash Flow
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
$104.0M
$53.2M
Q3 25
$47.6M
$86.4M
Q2 25
$13.0M
$12.2M
Q1 25
$24.3M
$8.7M
Q4 24
$95.7M
$24.7M
Q3 24
$47.1M
$7.1M
Q2 24
$19.9M
$24.7M
FCF Margin
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
94.3%
30.9%
Q3 25
44.4%
52.9%
Q2 25
12.3%
8.1%
Q1 25
25.3%
6.3%
Q4 24
97.0%
18.2%
Q3 24
47.9%
5.5%
Q2 24
20.6%
19.7%
Capex Intensity
FSUN
FSUN
MQ
MQ
Q1 26
Q4 25
6.8%
0.1%
Q3 25
1.6%
0.2%
Q2 25
1.9%
0.2%
Q1 25
2.1%
0.9%
Q4 24
5.5%
0.0%
Q3 24
1.1%
0.1%
Q2 24
1.1%
0.8%
Cash Conversion
FSUN
FSUN
MQ
MQ
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×
0.22×

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%

MQ
MQ

Platform Service Revenue Net$163.4M95%
Other Services Revenue$8.8M5%

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