Filing Flows › First National (FXNC) › Q1 2026 › vs Q1 2025
First National (FXNC) Q1 2026 vs Q1 2025 (year over year)
First National's revenue rose $1.4M (+7%) from $21.1M in Q1 2025 to $22.5M in Q1 2026. Operating margin 27.0% against 9.0% (+18.0 pts).
First National, Q1 2026: revenue $22.5M (+7% year over year), operating margin 27.0%, net earnings $4.9M, operating cash flow $6.4M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 27.0% | 9.0% | +18.0 pts |
| Net margin | 21.7% | 7.6% | +14.1 pts |
| Free cash flow margin | 26.3% | 14.5% | +11.8 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $22.5M | $21.1M | $1.4M | +7% |
| Operating profit | $6.1M | $1.9M | $4.2M | +220% |
| Costs & expenses | $16.4M | $19.2M | −$2.7M | -14% |
| Pre-tax earnings | $6.1M | $1.9M | $4.2M | +220% |
| Credit loss provision | $450K | $832K | −$382K | -46% |
| Noninterest expense | $16.0M | $18.3M | −$2.4M | -13% |
| Net earnings | $4.9M | $1.6M | $3.3M | +206% |
| Income tax | $1.2M | $297K | $884K | +298% |
| Depreciation & amortization | $722K | $665K | $57K | +9% |
| Share-based compensation | $338K | $265K | $73K | +28% |
| Working capital & other | $457K | $999K | −$542K | -54% |
| Operating cash flow | $6.4M | $3.5M | $2.9M | +82% |
| Free cash flow (OCF − capex) | $5.9M | $3.0M | $2.9M | +94% |
| Capital expenditures | $488K | $483K | $5K | +1% |
Questions
How much did First National's revenue grow year over year in Q1 2026?
First National's revenue rose $1.4M (+7%) from $21.1M in Q1 2025 to $22.5M in Q1 2026. Operating margin 27.0% against 9.0% (+18.0 pts).