vs
Side-by-side financial comparison of HORIZON BANCORP INC (HBNC) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $63.5M, roughly 1.3× HORIZON BANCORP INC). HORIZON BANCORP INC runs the higher net margin — 42.4% vs -38.1%, a 80.5% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 19.5%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 9.2%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
HBNC vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $63.5M | $83.1M |
| Net Profit | $26.9M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | 51.5% | -4.1% |
| Net Margin | 42.4% | -38.1% |
| Revenue YoY | 19.5% | 20.2% |
| Net Profit YoY | 347.4% | -27.9% |
| EPS (diluted) | $0.44 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $63.5M | $76.4M | ||
| Q3 25 | $58.4M | $83.3M | ||
| Q2 25 | $66.3M | $79.2M | ||
| Q1 25 | $68.8M | $69.2M | ||
| Q4 24 | $53.1M | $68.2M | ||
| Q3 24 | $58.4M | $58.4M | ||
| Q2 24 | $55.8M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $26.9M | $-29.8M | ||
| Q3 25 | $-222.0M | $-21.4M | ||
| Q2 25 | $20.6M | $-19.6M | ||
| Q1 25 | $23.9M | $-24.7M | ||
| Q4 24 | $-10.9M | $-18.9M | ||
| Q3 24 | $18.2M | $-21.0M | ||
| Q2 24 | $14.1M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 51.5% | -40.6% | ||
| Q3 25 | -490.4% | -27.8% | ||
| Q2 25 | 36.8% | -28.0% | ||
| Q1 25 | 40.8% | -39.7% | ||
| Q4 24 | -41.3% | -28.9% | ||
| Q3 24 | 31.0% | -38.4% | ||
| Q2 24 | 28.5% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 42.4% | -39.1% | ||
| Q3 25 | -380.2% | -25.7% | ||
| Q2 25 | 31.1% | -24.7% | ||
| Q1 25 | 34.8% | -35.8% | ||
| Q4 24 | -20.5% | -27.6% | ||
| Q3 24 | 31.1% | -35.9% | ||
| Q2 24 | 25.4% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.44 | $-0.54 | ||
| Q3 25 | $-4.69 | $-0.38 | ||
| Q2 25 | $0.47 | $-0.35 | ||
| Q1 25 | $0.54 | $-0.45 | ||
| Q4 24 | $-0.25 | $-0.34 | ||
| Q3 24 | $0.41 | $-0.40 | ||
| Q2 24 | $0.32 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $139.5M | $245.6M |
| Total DebtLower is stronger | $248.6M | $51.7M |
| Stockholders' EquityBook value | $688.3M | $347.7M |
| Total Assets | $6.4B | $487.1M |
| Debt / EquityLower = less leverage | 0.36× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $139.5M | $286.5M | ||
| Q3 25 | $458.3M | $294.3M | ||
| Q2 25 | $137.9M | $302.7M | ||
| Q1 25 | $169.7M | $316.2M | ||
| Q4 24 | $293.4M | $333.7M | ||
| Q3 24 | $234.8M | $196.8M | ||
| Q2 24 | $146.1M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $248.6M | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | $1.2B | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $688.3M | $365.9M | ||
| Q3 25 | $660.8M | $380.3M | ||
| Q2 25 | $790.9M | $385.8M | ||
| Q1 25 | $776.1M | $389.2M | ||
| Q4 24 | $763.6M | $402.2M | ||
| Q3 24 | $754.8M | $241.2M | ||
| Q2 24 | $726.7M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $6.4B | $508.1M | ||
| Q3 25 | $6.7B | $511.5M | ||
| Q2 25 | $7.7B | $513.1M | ||
| Q1 25 | $7.6B | $519.4M | ||
| Q4 24 | $7.8B | $534.0M | ||
| Q3 24 | $7.9B | $374.1M | ||
| Q2 24 | $7.9B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.36× | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | 1.61× | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
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 | $79.2M | — |
| Free Cash FlowOCF − Capex | $74.3M | — |
| FCF MarginFCF / Revenue | 117.0% | — |
| Capex IntensityCapex / Revenue | 7.8% | — |
| Cash ConversionOCF / Net Profit | 2.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $115.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.2M | $-10.3M | ||
| Q3 25 | $10.9M | $-6.6M | ||
| Q2 25 | $19.5M | $-15.0M | ||
| Q1 25 | $15.2M | $-17.0M | ||
| Q4 24 | $6.4M | $-32.4M | ||
| Q3 24 | $32.3M | $-18.8M | ||
| Q2 24 | $15.9M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $74.3M | $-12.2M | ||
| Q3 25 | $9.4M | $-9.5M | ||
| Q2 25 | $18.1M | $-17.8M | ||
| Q1 25 | $14.1M | $-18.8M | ||
| Q4 24 | $1.3M | $-33.6M | ||
| Q3 24 | $31.0M | $-19.0M | ||
| Q2 24 | $15.1M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 117.0% | -15.9% | ||
| Q3 25 | 16.1% | -11.4% | ||
| Q2 25 | 27.3% | -22.5% | ||
| Q1 25 | 20.5% | -27.2% | ||
| Q4 24 | 2.4% | -49.2% | ||
| Q3 24 | 53.1% | -32.6% | ||
| Q2 24 | 27.1% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 2.4% | ||
| Q3 25 | 2.6% | 3.4% | ||
| Q2 25 | 2.1% | 3.5% | ||
| Q1 25 | 1.6% | 2.7% | ||
| Q4 24 | 9.6% | 1.7% | ||
| Q3 24 | 2.2% | 0.4% | ||
| Q2 24 | 1.5% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.94× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 1.13× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HBNC
Segment breakdown not available.
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
