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

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $57.2M, roughly 1.9× Vanda Pharmaceuticals Inc.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -246.8%, a 266.4% gap on every dollar of revenue. Over the past eight quarters, Vanda Pharmaceuticals Inc.'s revenue compounded faster (9.8% 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.

Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on developing and commercializing innovative therapies for central nervous system disorders. Its key marketed products cover indications including sleep-wake cycle disturbances and schizophrenia, with core operations and primary sales markets concentrated in North America, catering to patient groups with significant unmet medical needs.

FSUN vs VNDA — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.9× larger
FSUN
$110.0M
$57.2M
VNDA
Higher net margin
FSUN
FSUN
266.4% more per $
FSUN
19.6%
-246.8%
VNDA
Faster 2-yr revenue CAGR
VNDA
VNDA
Annualised
VNDA
9.8%
6.9%
FSUN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FSUN
FSUN
VNDA
VNDA
Revenue
$110.0M
$57.2M
Net Profit
$21.6M
$-141.2M
Gross Margin
Operating Margin
-70.5%
Net Margin
19.6%
-246.8%
Revenue YoY
7.6%
Net Profit YoY
-8.4%
-2774.3%
EPS (diluted)
$0.76
$-2.40

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
VNDA
VNDA
Q1 26
$110.0M
Q4 25
$110.2M
$57.2M
Q3 25
$107.3M
$56.3M
Q2 25
$105.6M
$52.6M
Q1 25
$96.2M
$50.0M
Q4 24
$98.7M
$53.2M
Q3 24
$98.2M
$47.7M
Q2 24
$96.2M
$50.5M
Net Profit
FSUN
FSUN
VNDA
VNDA
Q1 26
$21.6M
Q4 25
$24.8M
$-141.2M
Q3 25
$23.2M
$-22.6M
Q2 25
$26.4M
$-27.2M
Q1 25
$23.6M
$-29.5M
Q4 24
$16.4M
$-4.9M
Q3 24
$22.4M
$-5.3M
Q2 24
$24.6M
$-4.5M
Operating Margin
FSUN
FSUN
VNDA
VNDA
Q1 26
Q4 25
29.0%
-70.5%
Q3 25
26.4%
-55.6%
Q2 25
31.2%
-73.2%
Q1 25
30.9%
-82.0%
Q4 24
20.4%
-19.3%
Q3 24
29.1%
-23.1%
Q2 24
32.3%
-20.1%
Net Margin
FSUN
FSUN
VNDA
VNDA
Q1 26
19.6%
Q4 25
22.5%
-246.8%
Q3 25
21.6%
-40.1%
Q2 25
25.0%
-51.7%
Q1 25
24.5%
-58.9%
Q4 24
16.6%
-9.2%
Q3 24
22.8%
-11.2%
Q2 24
25.5%
-9.0%
EPS (diluted)
FSUN
FSUN
VNDA
VNDA
Q1 26
$0.76
Q4 25
$0.89
$-2.40
Q3 25
$0.82
$-0.38
Q2 25
$0.93
$-0.46
Q1 25
$0.83
$-0.50
Q4 24
$0.57
$-0.09
Q3 24
$0.79
$-0.09
Q2 24
$0.88
$-0.08

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
VNDA
VNDA
Cash + ST InvestmentsLiquidity on hand
$413.7M
$84.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$327.2M
Total Assets
$8.6B
$488.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
VNDA
VNDA
Q1 26
$413.7M
Q4 25
$652.6M
$84.9M
Q3 25
$659.9M
$70.0M
Q2 25
$785.1M
$81.0M
Q1 25
$621.4M
$111.8M
Q4 24
$615.9M
$102.3M
Q3 24
$573.7M
$100.5M
Q2 24
$535.8M
$103.0M
Stockholders' Equity
FSUN
FSUN
VNDA
VNDA
Q1 26
$1.2B
Q4 25
$1.2B
$327.2M
Q3 25
$1.1B
$466.0M
Q2 25
$1.1B
$486.3M
Q1 25
$1.1B
$511.4M
Q4 24
$1.0B
$538.5M
Q3 24
$1.0B
$541.2M
Q2 24
$996.6M
$542.5M
Total Assets
FSUN
FSUN
VNDA
VNDA
Q1 26
$8.6B
Q4 25
$8.5B
$488.9M
Q3 25
$8.5B
$601.1M
Q2 25
$8.4B
$624.7M
Q1 25
$8.2B
$631.9M
Q4 24
$8.1B
$656.2M
Q3 24
$8.1B
$645.1M
Q2 24
$8.0B
$651.4M

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
VNDA
VNDA
Operating Cash FlowLast quarter
$-29.4M
Free Cash FlowOCF − Capex
$-29.5M
FCF MarginFCF / Revenue
-51.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-110.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
VNDA
VNDA
Q1 26
Q4 25
$111.5M
$-29.4M
Q3 25
$49.4M
$-31.6M
Q2 25
$15.0M
$-15.3M
Q1 25
$26.4M
$-33.1M
Q4 24
$101.1M
$-1.8M
Q3 24
$48.1M
$-14.6M
Q2 24
$20.9M
$-6.9M
Free Cash Flow
FSUN
FSUN
VNDA
VNDA
Q1 26
Q4 25
$104.0M
$-29.5M
Q3 25
$47.6M
$-31.8M
Q2 25
$13.0M
$-15.6M
Q1 25
$24.3M
$-33.6M
Q4 24
$95.7M
$-2.0M
Q3 24
$47.1M
$-14.7M
Q2 24
$19.9M
$-7.0M
FCF Margin
FSUN
FSUN
VNDA
VNDA
Q1 26
Q4 25
94.3%
-51.6%
Q3 25
44.4%
-56.5%
Q2 25
12.3%
-29.6%
Q1 25
25.3%
-67.1%
Q4 24
97.0%
-3.8%
Q3 24
47.9%
-30.9%
Q2 24
20.6%
-13.9%
Capex Intensity
FSUN
FSUN
VNDA
VNDA
Q1 26
Q4 25
6.8%
0.2%
Q3 25
1.6%
0.3%
Q2 25
1.9%
0.6%
Q1 25
2.1%
0.9%
Q4 24
5.5%
0.4%
Q3 24
1.1%
0.3%
Q2 24
1.1%
0.2%
Cash Conversion
FSUN
FSUN
VNDA
VNDA
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×

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%

VNDA
VNDA

Fanapt$33.2M58%
Hetlioz$16.4M29%
PONVORY$7.6M13%

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