Filing Flows › First National (FXNC) › Q2 2026 › vs Q1 2026
First National (FXNC) Q2 2026 vs Q1 2026 (quarter over quarter)
First National's revenue rose $1.5M (+7%) from $22.5M in Q1 2026 to $24.0M in Q2 2026. Operating margin 29.7% against 27.0% (+2.8 pts).
First National, Q2 2026: revenue $24.0M (+7% year over year), operating margin 29.7%, net earnings $5.7M, operating cash flow $6.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 29.7% | 27.0% | +2.8 pts |
| Net margin | 23.9% | 21.7% | +2.2 pts |
| Free cash flow margin | 27.1% | 26.3% | +0.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $24.0M | $22.5M | $1.5M | +7% |
| Operating profit | $7.1M | $6.1M | $1.1M | +18% |
| Costs & expenses | $16.9M | $16.4M | $431K | +3% |
| Pre-tax earnings | $7.1M | $6.1M | $1.1M | +18% |
| Credit loss provision | $426K | $450K | −$24K | -5% |
| Noninterest expense | $16.4M | $16.0M | $455K | +3% |
| Net earnings | $5.7M | $4.9M | $856K | +18% |
| Income tax | $1.4M | $1.2M | $212K | +18% |
| Depreciation & amortization | $732K | $722K | $10K | +1% |
| Share-based compensation | $221K | $338K | −$117K | -35% |
| Working capital & other | $235K | $457K | −$222K | -49% |
| Operating cash flow | $6.9M | $6.4M | $527K | +8% |
| Free cash flow (OCF − capex) | $6.5M | $5.9M | $589K | +10% |
| Capital expenditures | $426K | $488K | −$62K | -13% |
Questions
How much did First National's revenue grow quarter over quarter in Q2 2026?
First National's revenue rose $1.5M (+7%) from $22.5M in Q1 2026 to $24.0M in Q2 2026. Operating margin 29.7% against 27.0% (+2.8 pts).