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

Varex Imaging Corp is the larger business by last-quarter revenue ($209.6M vs $110.0M, roughly 1.9× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 1.1%, a 18.5% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs 0.8%).

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.

Varex Imaging Corp is a global supplier of advanced imaging components and solutions, including X-ray tubes, digital flat panel detectors, and image processing software. Its products serve medical imaging, radiation oncology, and industrial non-destructive testing segments, with customers across key global markets.

FSUN vs VREX — Head-to-Head

Bigger by revenue
VREX
VREX
1.9× larger
VREX
$209.6M
$110.0M
FSUN
Higher net margin
FSUN
FSUN
18.5% more per $
FSUN
19.6%
1.1%
VREX
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
0.8%
VREX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FSUN
FSUN
VREX
VREX
Revenue
$110.0M
$209.6M
Net Profit
$21.6M
$2.3M
Gross Margin
33.3%
Operating Margin
7.3%
Net Margin
19.6%
1.1%
Revenue YoY
4.9%
Net Profit YoY
-8.4%
866.7%
EPS (diluted)
$0.76
$0.05

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
VREX
VREX
Q1 26
$110.0M
$209.6M
Q4 25
$110.2M
$228.9M
Q3 25
$107.3M
$203.0M
Q2 25
$105.6M
$212.9M
Q1 25
$96.2M
$199.8M
Q4 24
$98.7M
Q3 24
$98.2M
$205.7M
Q2 24
$96.2M
$209.1M
Net Profit
FSUN
FSUN
VREX
VREX
Q1 26
$21.6M
$2.3M
Q4 25
$24.8M
$12.2M
Q3 25
$23.2M
$-89.1M
Q2 25
$26.4M
$6.9M
Q1 25
$23.6M
$-300.0K
Q4 24
$16.4M
Q3 24
$22.4M
$-51.1M
Q2 24
$24.6M
$1.4M
Gross Margin
FSUN
FSUN
VREX
VREX
Q1 26
33.3%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
36.0%
Q1 25
34.3%
Q4 24
Q3 24
32.6%
Q2 24
32.0%
Operating Margin
FSUN
FSUN
VREX
VREX
Q1 26
7.3%
Q4 25
29.0%
8.6%
Q3 25
26.4%
-39.8%
Q2 25
31.2%
10.4%
Q1 25
30.9%
5.6%
Q4 24
20.4%
Q3 24
29.1%
5.3%
Q2 24
32.3%
4.4%
Net Margin
FSUN
FSUN
VREX
VREX
Q1 26
19.6%
1.1%
Q4 25
22.5%
5.3%
Q3 25
21.6%
-43.9%
Q2 25
25.0%
3.2%
Q1 25
24.5%
-0.2%
Q4 24
16.6%
Q3 24
22.8%
-24.8%
Q2 24
25.5%
0.7%
EPS (diluted)
FSUN
FSUN
VREX
VREX
Q1 26
$0.76
$0.05
Q4 25
$0.89
$0.29
Q3 25
$0.82
$-2.15
Q2 25
$0.93
$0.17
Q1 25
$0.83
$-0.01
Q4 24
$0.57
Q3 24
$0.79
$-1.25
Q2 24
$0.88
$0.03

Balance Sheet & Financial Strength

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

Metric
FSUN
FSUN
VREX
VREX
Cash + ST InvestmentsLiquidity on hand
$413.7M
$125.6M
Total DebtLower is stronger
$367.6M
Stockholders' EquityBook value
$1.2B
$476.9M
Total Assets
$8.6B
$1.1B
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSUN
FSUN
VREX
VREX
Q1 26
$413.7M
$125.6M
Q4 25
$652.6M
$155.1M
Q3 25
$659.9M
$152.6M
Q2 25
$785.1M
$223.0M
Q1 25
$621.4M
$212.6M
Q4 24
$615.9M
Q3 24
$573.7M
$200.5M
Q2 24
$535.8M
$190.0M
Total Debt
FSUN
FSUN
VREX
VREX
Q1 26
$367.6M
Q4 25
$367.5M
Q3 25
$367.5M
Q2 25
$567.2M
Q1 25
$567.0M
Q4 24
Q3 24
$443.4M
Q2 24
$443.1M
Stockholders' Equity
FSUN
FSUN
VREX
VREX
Q1 26
$1.2B
$476.9M
Q4 25
$1.2B
$472.6M
Q3 25
$1.1B
$455.3M
Q2 25
$1.1B
$549.7M
Q1 25
$1.1B
$540.2M
Q4 24
$1.0B
Q3 24
$1.0B
$529.1M
Q2 24
$996.6M
$581.2M
Total Assets
FSUN
FSUN
VREX
VREX
Q1 26
$8.6B
$1.1B
Q4 25
$8.5B
$1.1B
Q3 25
$8.5B
$1.1B
Q2 25
$8.4B
$1.4B
Q1 25
$8.2B
$1.3B
Q4 24
$8.1B
Q3 24
$8.1B
$1.2B
Q2 24
$8.0B
$1.3B
Debt / Equity
FSUN
FSUN
VREX
VREX
Q1 26
0.77×
Q4 25
0.78×
Q3 25
0.81×
Q2 25
1.03×
Q1 25
1.05×
Q4 24
Q3 24
0.84×
Q2 24
0.76×

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
VREX
VREX
Operating Cash FlowLast quarter
$-16.1M
Free Cash FlowOCF − Capex
$-26.8M
FCF MarginFCF / Revenue
-12.8%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
-7.00×
TTM Free Cash FlowTrailing 4 quarters
$-13.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSUN
FSUN
VREX
VREX
Q1 26
$-16.1M
Q4 25
$111.5M
$7.9M
Q3 25
$49.4M
$7.7M
Q2 25
$15.0M
$16.6M
Q1 25
$26.4M
$9.5M
Q4 24
$101.1M
Q3 24
$48.1M
$25.9M
Q2 24
$20.9M
$8.0M
Free Cash Flow
FSUN
FSUN
VREX
VREX
Q1 26
$-26.8M
Q4 25
$104.0M
$2.3M
Q3 25
$47.6M
$1.4M
Q2 25
$13.0M
$9.8M
Q1 25
$24.3M
$5.3M
Q4 24
$95.7M
Q3 24
$47.1M
$19.9M
Q2 24
$19.9M
$3.3M
FCF Margin
FSUN
FSUN
VREX
VREX
Q1 26
-12.8%
Q4 25
94.3%
1.0%
Q3 25
44.4%
0.7%
Q2 25
12.3%
4.6%
Q1 25
25.3%
2.7%
Q4 24
97.0%
Q3 24
47.9%
9.7%
Q2 24
20.6%
1.6%
Capex Intensity
FSUN
FSUN
VREX
VREX
Q1 26
5.1%
Q4 25
6.8%
2.4%
Q3 25
1.6%
3.1%
Q2 25
1.9%
3.2%
Q1 25
2.1%
2.1%
Q4 24
5.5%
Q3 24
1.1%
2.9%
Q2 24
1.1%
2.2%
Cash Conversion
FSUN
FSUN
VREX
VREX
Q1 26
-7.00×
Q4 25
4.49×
0.65×
Q3 25
2.13×
Q2 25
0.57×
2.41×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
2.15×
Q2 24
0.85×
5.71×

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%

VREX
VREX

Medical Segment$144.8M69%
Industrial Segment$64.8M31%

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