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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.
FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $73.5M, roughly 1.5× Target Hospitality Corp.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -20.3%, a 40.0% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs 0.7%).
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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
FSUN vs TH — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $110.0M | $73.5M |
| Net Profit | $21.6M | $-14.9M |
| Gross Margin | — | 9.6% |
| Operating Margin | — | -22.9% |
| Net Margin | 19.6% | -20.3% |
| Revenue YoY | — | 22.0% |
| Net Profit YoY | -8.4% | -219.1% |
| EPS (diluted) | $0.76 | $-0.14 |
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.
| Q1 26 | $110.0M | — | ||
| Q4 25 | $110.2M | $73.5M | ||
| Q3 25 | $107.3M | $91.6M | ||
| Q2 25 | $105.6M | $54.9M | ||
| Q1 25 | $96.2M | $54.9M | ||
| Q4 24 | $98.7M | $60.2M | ||
| Q3 24 | $98.2M | $65.8M | ||
| Q2 24 | $96.2M | $67.5M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.8M | $-14.9M | ||
| Q3 25 | $23.2M | $-795.0K | ||
| Q2 25 | $26.4M | $-14.9M | ||
| Q1 25 | $23.6M | $-6.5M | ||
| Q4 24 | $16.4M | $12.5M | ||
| Q3 24 | $22.4M | $20.0M | ||
| Q2 24 | $24.6M | $18.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% |
| Q1 26 | — | — | ||
| Q4 25 | 29.0% | -22.9% | ||
| Q3 25 | 26.4% | 0.1% | ||
| Q2 25 | 31.2% | -30.8% | ||
| Q1 25 | 30.9% | -2.0% | ||
| Q4 24 | 20.4% | 34.5% | ||
| Q3 24 | 29.1% | 42.5% | ||
| Q2 24 | 32.3% | 43.8% |
| Q1 26 | 19.6% | — | ||
| Q4 25 | 22.5% | -20.3% | ||
| Q3 25 | 21.6% | -0.9% | ||
| Q2 25 | 25.0% | -27.2% | ||
| Q1 25 | 24.5% | -11.8% | ||
| Q4 24 | 16.6% | 20.8% | ||
| Q3 24 | 22.8% | 30.4% | ||
| Q2 24 | 25.5% | 27.2% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $0.89 | $-0.14 | ||
| Q3 25 | $0.82 | $-0.01 | ||
| Q2 25 | $0.93 | $-0.15 | ||
| Q1 25 | $0.83 | $-0.07 | ||
| Q4 24 | $0.57 | $0.12 | ||
| Q3 24 | $0.79 | $0.20 | ||
| 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 | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $413.7M | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $1.2B | $389.3M |
| Total Assets | $8.6B | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $413.7M | — | ||
| Q4 25 | $652.6M | $8.3M | ||
| Q3 25 | $659.9M | $30.4M | ||
| Q2 25 | $785.1M | $19.2M | ||
| Q1 25 | $621.4M | $34.5M | ||
| Q4 24 | $615.9M | $190.7M | ||
| Q3 24 | $573.7M | $177.7M | ||
| Q2 24 | $535.8M | $154.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $389.3M | ||
| Q3 25 | $1.1B | $402.4M | ||
| Q2 25 | $1.1B | $401.3M | ||
| Q1 25 | $1.1B | $415.3M | ||
| Q4 24 | $1.0B | $421.1M | ||
| Q3 24 | $1.0B | $417.6M | ||
| Q2 24 | $996.6M | $397.2M |
| Q1 26 | $8.6B | — | ||
| Q4 25 | $8.5B | $530.2M | ||
| Q3 25 | $8.5B | $541.2M | ||
| Q2 25 | $8.4B | $533.7M | ||
| Q1 25 | $8.2B | $562.5M | ||
| Q4 24 | $8.1B | $725.8M | ||
| Q3 24 | $8.1B | $709.8M | ||
| Q2 24 | $8.0B | $697.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $5.7M |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $111.5M | $5.7M | ||
| Q3 25 | $49.4M | $53.4M | ||
| Q2 25 | $15.0M | $11.1M | ||
| Q1 25 | $26.4M | $3.9M | ||
| Q4 24 | $101.1M | $30.6M | ||
| Q3 24 | $48.1M | $31.4M | ||
| Q2 24 | $20.9M | $39.1M |
| Q1 26 | — | — | ||
| Q4 25 | $104.0M | — | ||
| Q3 25 | $47.6M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $24.3M | $-11.6M | ||
| Q4 24 | $95.7M | — | ||
| Q3 24 | $47.1M | — | ||
| Q2 24 | $19.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | 94.3% | — | ||
| Q3 25 | 44.4% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 25.3% | -21.1% | ||
| Q4 24 | 97.0% | — | ||
| Q3 24 | 47.9% | — | ||
| Q2 24 | 20.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.1% | 28.2% | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.49× | — | ||
| Q3 25 | 2.13× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 6.18× | 2.44× | ||
| Q3 24 | 2.15× | 1.57× | ||
| Q2 24 | 0.85× | 2.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |