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

Thermon Group Holdings, Inc. is the larger business by last-quarter revenue ($147.3M vs $110.0M, roughly 1.3× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 12.4%, a 7.2% gap on every dollar of revenue.

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.

Thermon Group Holdings, Inc. is a global provider of engineered thermal management solutions, specializing in heat tracing systems, heating cables, temperature monitoring controls, and associated installation support services. It serves core industrial segments including oil and gas, chemical processing, power generation, and food and beverage, with operating bases across North America, Europe, Asia-Pacific, and Latin America.

FSUN vs THR — Head-to-Head

Bigger by revenue
THR
THR
1.3× larger
THR
$147.3M
$110.0M
FSUN
Higher net margin
FSUN
FSUN
7.2% more per $
FSUN
19.6%
12.4%
THR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FSUN
FSUN
THR
THR
Revenue
$110.0M
$147.3M
Net Profit
$21.6M
$18.3M
Gross Margin
46.6%
Operating Margin
18.1%
Net Margin
19.6%
12.4%
Revenue YoY
9.6%
Net Profit YoY
-8.4%
-1.3%
EPS (diluted)
$0.76
$0.55

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
THR
THR
Q1 26
$110.0M
Q4 25
$110.2M
$147.3M
Q3 25
$107.3M
$131.7M
Q2 25
$105.6M
$108.9M
Q1 25
$96.2M
Q4 24
$98.7M
Q3 24
$98.2M
Q2 24
$96.2M
Net Profit
FSUN
FSUN
THR
THR
Q1 26
$21.6M
Q4 25
$24.8M
$18.3M
Q3 25
$23.2M
$15.0M
Q2 25
$26.4M
$8.6M
Q1 25
$23.6M
Q4 24
$16.4M
Q3 24
$22.4M
Q2 24
$24.6M
Gross Margin
FSUN
FSUN
THR
THR
Q1 26
Q4 25
46.6%
Q3 25
46.4%
Q2 25
44.1%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FSUN
FSUN
THR
THR
Q1 26
Q4 25
29.0%
18.1%
Q3 25
26.4%
16.4%
Q2 25
31.2%
10.8%
Q1 25
30.9%
Q4 24
20.4%
Q3 24
29.1%
Q2 24
32.3%
Net Margin
FSUN
FSUN
THR
THR
Q1 26
19.6%
Q4 25
22.5%
12.4%
Q3 25
21.6%
11.4%
Q2 25
25.0%
7.9%
Q1 25
24.5%
Q4 24
16.6%
Q3 24
22.8%
Q2 24
25.5%
EPS (diluted)
FSUN
FSUN
THR
THR
Q1 26
$0.76
Q4 25
$0.89
$0.55
Q3 25
$0.82
$0.45
Q2 25
$0.93
$0.26
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
THR
THR
Cash + ST InvestmentsLiquidity on hand
$413.7M
$46.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$538.7M
Total Assets
$8.6B
$816.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
THR
THR
Q1 26
$413.7M
Q4 25
$652.6M
$46.9M
Q3 25
$659.9M
$29.7M
Q2 25
$785.1M
$36.5M
Q1 25
$621.4M
Q4 24
$615.9M
Q3 24
$573.7M
Q2 24
$535.8M
Stockholders' Equity
FSUN
FSUN
THR
THR
Q1 26
$1.2B
Q4 25
$1.2B
$538.7M
Q3 25
$1.1B
$515.2M
Q2 25
$1.1B
$509.3M
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$996.6M
Total Assets
FSUN
FSUN
THR
THR
Q1 26
$8.6B
Q4 25
$8.5B
$816.7M
Q3 25
$8.5B
$778.2M
Q2 25
$8.4B
$765.3M
Q1 25
$8.2B
Q4 24
$8.1B
Q3 24
$8.1B
Q2 24
$8.0B

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
THR
THR
Operating Cash FlowLast quarter
$18.0M
Free Cash FlowOCF − Capex
$13.1M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
0.98×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
THR
THR
Q1 26
Q4 25
$111.5M
$18.0M
Q3 25
$49.4M
$7.4M
Q2 25
$15.0M
$10.7M
Q1 25
$26.4M
Q4 24
$101.1M
Q3 24
$48.1M
Q2 24
$20.9M
Free Cash Flow
FSUN
FSUN
THR
THR
Q1 26
Q4 25
$104.0M
$13.1M
Q3 25
$47.6M
$4.4M
Q2 25
$13.0M
$8.3M
Q1 25
$24.3M
Q4 24
$95.7M
Q3 24
$47.1M
Q2 24
$19.9M
FCF Margin
FSUN
FSUN
THR
THR
Q1 26
Q4 25
94.3%
8.9%
Q3 25
44.4%
3.3%
Q2 25
12.3%
7.6%
Q1 25
25.3%
Q4 24
97.0%
Q3 24
47.9%
Q2 24
20.6%
Capex Intensity
FSUN
FSUN
THR
THR
Q1 26
Q4 25
6.8%
3.3%
Q3 25
1.6%
2.3%
Q2 25
1.9%
2.2%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
1.1%
Q2 24
1.1%
Cash Conversion
FSUN
FSUN
THR
THR
Q1 26
Q4 25
4.49×
0.98×
Q3 25
2.13×
0.50×
Q2 25
0.57×
1.25×
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%

THR
THR

Other$73.7M50%
Transferred At Point In Time$56.1M38%
Transferred Over Time$17.5M12%

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