Filing Flows › First National (FXNC) › How it makes money
How First National (FXNC) makes money
First National (FXNC) made $24.0M of revenue in the second quarter 2026 (Q2 2026), +7% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 24¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $24.0M | 100.0% |
| Operating profit | $7.1M | 29.7% |
| Income tax | $1.4M | 5.8% |
| Net earnings | $5.7M | 23.9% |
| Operating cash flow | $6.9M | 28.9% |
| Free cash flow | $6.5M | 27.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $24.0M | +7% |
| Q1 2026 | $22.5M | +7% |
| Q4 2025 | $24.0M | -3% |
| Q3 2025 | $22.8M | +52% |
| Q2 2025 | $22.4M | +58% |
| Q1 2025 | $21.1M | +41% |
| Q4 2024 | $24.8M | +79% |
From First National's 10-Q filed Aug 13, 2026 (on EDGAR).
Questions
How does First National make money?
First National (FXNC) made $24.0M of revenue in the second quarter 2026 (Q2 2026), +7% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 24¢ was left as net earnings.
What is First National's profit margin?
Net earnings were $5.7M, 23.9% of revenue, in the second quarter 2026; the operating margin was 29.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.