FISI (Financial Institutions, Inc.) Stock Financials & Earnings | Market Cap Arena

FISI (Financial Institutions, Inc.) Stock Financials & Earnings | Market Cap Arena

FISIFinancial Institutions, Inc.

Mkt Cap$626M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Revenue (TTM)$377M

Net Income (TTM)$75M

EPS (TTM)$3.61

Free Cash Flow (TTM)$16M

Gross Margin61.6%

Op. Margin24.2%

Net Margin19.9%

FCF Margin4.1%

P/S Ratio (TTM)1.7x

P/E Ratio (TTM)8.4x

YoY Rev Growth+42.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$74M	$48M	$15M
Q2 23	$82M	$50M	$17M
Q3 23	$85M	$51M	$16M
Q4 23	$91M	$49M	$15M
Q1 24	$89M	$37M	$2M
Q2 24	$102M	$62M	$30M
Q3 24	$87M	$46M	$15M
Q4 24	-$14M	-$57M	-$115M
Q1 25	$91M	$54M	$21M
Q2 25	$93M	$57M	$21M
Q3 25	$96M	$61M	$25M
Q4 25	$97M	$61M	$24M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.4x	11.7x
Q2 23	2.2x	11.9x
Q3 23	2.0x	11.9x
Q4 23	1.9x	12.4x
Q1 24	1.8x	15.5x
Q2 24	1.7x	12.2x
Q3 24	1.7x	12.3x
Q4 24	2.4x	—
Q1 25	2.4x	—
Q2 25	2.4x	—
Q3 25	2.3x	—
Q4 25	1.7x	8.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$7M	$6M
Q2 23	$8M	$8M
Q3 23	$44M	$43M
Q4 23	-$48M	-$49M
Q1 24	$12M	$11M
Q2 24	$36M	$35M
Q3 24	$2M	-$299K
Q4 24	$27M	$27M
Q1 25	$10M	$9M
Q2 25	-$6M	-$7M
Q3 25	-$7M	-$4M
Q4 25	$21M	$18M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$848K
Q2 23	$384K
Q3 23	$507K
Q4 23	$1M
Q1 24	$1M
Q2 24	$951K
Q3 24	$2M
Q4 24	$403K
Q1 25	$816K
Q2 25	$2M
Q3 25	$2M
Q4 25	$3M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+40.8%	+72.9%
Q2 23	+45.6%	+77.1%
Q3 23	+34.0%	+52.9%
Q4 23	+33.1%	+41.1%
Q1 24	+19.5%	+45.3%
Q2 24	+24.2%	+10.0%
Q3 24	+2.5%	+6.0%
Q4 24	-115.1%	+33.0%
Q1 25	+2.3%	-18.7%
Q2 25	-8.6%	-0.2%
Q3 25	+10.7%	-1.9%
Q4 25	+802.0%	-28.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$551K	0.7%
Q2 23	$657K	0.8%
Q3 23	$721K	0.9%
Q4 23	-$255K	-0.3%
Q1 24	$569K	0.6%
Q2 24	$746K	0.7%
Q3 24	$494K	0.6%
Q4 24	-$199K	—
Q1 25	$506K	0.6%
Q2 25	$954K	1.0%
Q3 25	$756K	0.8%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$19M	$314K
Q2 23	$19M	$498K
Q3 23	$19M	$744K
Q4 23	$21M	$370K
Q1 24	$19M	$297K
Q2 24	$17M	$440K
Q3 24	$17M	$371K
Q4 24	$21M	$465K
Q1 25	$18M	$342K
Q2 25	$19M	$495K
Q3 25	$20M	$491K
Q4 25	$23M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$140M	$945M	$1.1B
Q2 23	$180M	$912M	$1.1B
Q3 23	$192M	$854M	$1.0B
Q4 23	$124M	$888M	$1.0B
Q1 24	$237M	$924M	$1.2B
Q2 24	$146M	$872M	$1.0B
Q3 24	$250M	$887M	$1.1B
Q4 24	$87M	$8K	$87M
Q1 25	$167M	$3K	$167M
Q2 25	$93M	$916M	$1.0B
Q3 25	$186M	$924M	$1.1B
Q4 25	$109M	$922M	$1.0B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	15M	+0.1%
Q2 23	15M	-0.1%
Q3 23	15M	+0.3%
Q4 23	16M	+0.3%
Q1 24	16M	+0.2%
Q2 24	16M	+0.1%
Q3 24	16M	+0.5%
Q4 24	16M	+5.0%
Q1 25	20M	+23.6%
Q2 25	20M	+0.0%
Q3 25	20M	+0.3%
Q4 25	20M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$198K	645
FY 15	$196K	691
FY 16	$230K	654
FY 17	$251K	656
FY 18	$259K	725
FY 19	$289K	722
FY 20	$333K	613
FY 21	$339K	625
FY 22	$359K	672
FY 23	$533K	624
FY 24	$442K	598
FY 25	$599K	631