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Side-by-side financial comparison of FVCBankcorp, Inc. (FVCB) and Workhorse Group Inc. (WKHS). Click either name above to swap in a different company.

FVCBankcorp, Inc. is the larger business by last-quarter revenue ($16.9M vs $12.5M, roughly 1.4× Workhorse Group Inc.). On growth, FVCBankcorp, Inc. posted the faster year-over-year revenue change (4377.5% vs 432.0%). FVCBankcorp, Inc. produced more free cash flow last quarter ($23.8M vs $-11.1M). Over the past eight quarters, FVCBankcorp, Inc.'s revenue compounded faster (586.6% CAGR vs 205.7%).

FVCBankcorp, Inc. is a Virginia-based U.S. bank holding company operating FVCbank, a community-focused financial institution. It provides a full range of personal and commercial banking products including deposit accounts, business and personal loans, mortgage services, and wealth management solutions, serving SMEs, professionals and individual consumers across the Mid-Atlantic region.

Workhorse Group is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, USA. In 2025, it merged its operations with those of Motiv Electric Trucks, forming a new entity known as Workhorse.

FVCB vs WKHS — Head-to-Head

Bigger by revenue
FVCB
FVCB
1.4× larger
FVCB
$16.9M
$12.5M
WKHS
Growing faster (revenue YoY)
FVCB
FVCB
+3945.5% gap
FVCB
4377.5%
432.0%
WKHS
More free cash flow
FVCB
FVCB
$35.0M more FCF
FVCB
$23.8M
$-11.1M
WKHS
Faster 2-yr revenue CAGR
FVCB
FVCB
Annualised
FVCB
586.6%
205.7%
WKHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FVCB
FVCB
WKHS
WKHS
Revenue
$16.9M
$12.5M
Net Profit
$-20.8M
Gross Margin
80.4%
Operating Margin
43.7%
-28.6%
Net Margin
-166.5%
Revenue YoY
4377.5%
432.0%
Net Profit YoY
-171.8%
EPS (diluted)
$0.31
$0.09

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
FVCB
FVCB
WKHS
WKHS
Q4 25
$16.9M
$12.5M
Q3 25
$416.0K
$2.4M
Q2 25
$15.8M
$5.7M
Q1 25
$382.0K
$640.9K
Q4 24
$378.0K
$2.4M
Q3 24
$412.0K
$2.5M
Q2 24
$415.0K
$842.4K
Q1 24
$359.0K
$1.3M
Net Profit
FVCB
FVCB
WKHS
WKHS
Q4 25
$-20.8M
Q3 25
$5.6M
$-7.8M
Q2 25
$5.7M
$-14.8M
Q1 25
$5.2M
$-20.6M
Q4 24
$29.0M
Q3 24
$4.7M
$-25.1M
Q2 24
$4.2M
$-26.3M
Q1 24
$1.3M
$-29.2M
Gross Margin
FVCB
FVCB
WKHS
WKHS
Q4 25
80.4%
Q3 25
-323.2%
Q2 25
-130.2%
Q1 25
Q4 24
Q3 24
-164.7%
Q2 24
Q1 24
Operating Margin
FVCB
FVCB
WKHS
WKHS
Q4 25
43.7%
-28.6%
Q3 25
-694.2%
Q2 25
45.9%
-255.3%
Q1 25
-2002.9%
Q4 24
Q3 24
-564.5%
Q2 24
-2435.6%
Q1 24
-1771.6%
Net Margin
FVCB
FVCB
WKHS
WKHS
Q4 25
-166.5%
Q3 25
1341.1%
-328.2%
Q2 25
36.0%
-260.7%
Q1 25
1352.1%
-3221.0%
Q4 24
1233.7%
Q3 24
1133.3%
-1001.5%
Q2 24
1001.2%
-3124.3%
Q1 24
373.3%
-2177.0%
EPS (diluted)
FVCB
FVCB
WKHS
WKHS
Q4 25
$0.31
$0.09
Q3 25
$0.31
$-0.50
Q2 25
$0.31
$-1.67
Q1 25
$0.28
$-4.68
Q4 24
$0.27
$51.11
Q3 24
$0.25
$-0.98
Q2 24
$0.23
$-17.45
Q1 24
$0.07
$-24.09

Balance Sheet & Financial Strength

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

Metric
FVCB
FVCB
WKHS
WKHS
Cash + ST InvestmentsLiquidity on hand
$12.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$253.6M
$43.0M
Total Assets
$2.3B
$117.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVCB
FVCB
WKHS
WKHS
Q4 25
$12.9M
Q3 25
$12.7M
Q2 25
$2.2M
Q1 25
$2.6M
Q4 24
$6.6M
Q3 24
$3.2M
Q2 24
$5.3M
Q1 24
$6.7M
Stockholders' Equity
FVCB
FVCB
WKHS
WKHS
Q4 25
$253.6M
$43.0M
Q3 25
$249.8M
$32.1M
Q2 25
$243.2M
$22.3M
Q1 25
$242.3M
$31.4M
Q4 24
$235.4M
$-40.8M
Q3 24
$230.8M
$47.3M
Q2 24
$226.5M
$58.6M
Q1 24
$220.7M
$67.4M
Total Assets
FVCB
FVCB
WKHS
WKHS
Q4 25
$2.3B
$117.9M
Q3 25
$2.3B
$116.7M
Q2 25
$2.2B
$99.3M
Q1 25
$2.2B
$115.5M
Q4 24
$2.2B
$37.4M
Q3 24
$2.3B
$101.4M
Q2 24
$2.3B
$105.4M
Q1 24
$2.2B
$113.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FVCB
FVCB
WKHS
WKHS
Operating Cash FlowLast quarter
$23.9M
$-10.5M
Free Cash FlowOCF − Capex
$23.8M
$-11.1M
FCF MarginFCF / Revenue
140.7%
-89.0%
Capex IntensityCapex / Revenue
0.3%
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$40.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVCB
FVCB
WKHS
WKHS
Q4 25
$23.9M
$-10.5M
Q3 25
$7.6M
Q2 25
$3.3M
Q1 25
$5.4M
$-8.2M
Q4 24
$18.2M
$2.0M
Q3 24
$4.7M
Q2 24
$1.6M
$-12.1M
Q1 24
$7.2M
$-18.0M
Free Cash Flow
FVCB
FVCB
WKHS
WKHS
Q4 25
$23.8M
$-11.1M
Q3 25
$7.6M
Q2 25
$3.3M
Q1 25
$5.4M
$-8.2M
Q4 24
$18.1M
$1.2M
Q3 24
$4.6M
Q2 24
$1.5M
$-12.8M
Q1 24
$7.1M
$-21.0M
FCF Margin
FVCB
FVCB
WKHS
WKHS
Q4 25
140.7%
-89.0%
Q3 25
1818.0%
Q2 25
20.8%
Q1 25
1413.6%
-1275.0%
Q4 24
4786.0%
52.2%
Q3 24
1121.8%
Q2 24
361.2%
-1523.4%
Q1 24
1988.3%
-1567.2%
Capex Intensity
FVCB
FVCB
WKHS
WKHS
Q4 25
0.3%
4.8%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
4.2%
2.8%
Q4 24
37.3%
31.2%
Q3 24
14.1%
Q2 24
12.8%
87.1%
Q1 24
3.9%
225.9%
Cash Conversion
FVCB
FVCB
WKHS
WKHS
Q4 25
Q3 25
1.36×
Q2 25
0.58×
Q1 25
1.05×
Q4 24
0.07×
Q3 24
1.00×
Q2 24
0.37×
Q1 24
5.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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