FUNC FY 2025 Earnings Report — First United Corporation Revenue & Financial Results | Market Cap Arena

First United CorporationFUNC

FY 2025 Earnings

Reported March 10, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$119M	—	$112M	—	6.6%
Op. Income	$33M	—	$27M	—	19.5%
Gross Margin	70.2%	—	68.8%	—	1.5pp
Net Margin	20.6%	—	18.4%	—	2.2pp
EPS (Diluted)	$3.77	—	$3.15	—	19.7%
Free Cash Flow	$15M	—	$20M	—	-24.3%

Revenue Flow

Item	Amount
REVENUE	$119M
Cost of Revenue	$35M
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$35M
SG&A Expenses	$35M
Other Expenses	$16M
Operating Expenses	$51M
Cost & Expenses	$87M
OPERATING INCOME	$33M
Interest Income	$101M
Interest Expense	$33M
Other Income/Expenses	$0
INCOME BEFORE TAX	$33M
Income Tax Expense	$8M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$0
EBIT	$33M
EBITDA	$33M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$119M
Cost of Revenue	$35M
GROSS PROFIT	$84M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$35M
SG&A Expenses	$35M
Other Expenses	$16M
Operating Expenses	$51M
Cost & Expenses	$87M
OPERATING INCOME	$33M
Interest Income	$101M
Interest Expense	$33M
Other Income/Expenses	$0
INCOME BEFORE TAX	$33M
Income Tax Expense	$8M
Net Income from Continuing Ops	$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$25M
D&A	$0
EBIT	$33M
EBITDA	$33M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$25M
Depreciation & Amortization	$3M
Stock-Based Compensation	$760.0K
Deferred Income Tax	-$576.0K
Other Non-Cash Items	$3M
Change in Working Capital	-$11M
OPERATING CASH FLOW	$19M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$25M
Sales/Maturities of Investments	$15M
Other Investing Activities	-$38M
NET CASH FROM INVESTING	-$48M
Net Debt Issuance	-$73M
Common Stock Repurchased	$0
Common Dividends Paid	-$6M
Other Financing Activities	$160M
NET CASH FROM FINANCING	$82M
FREE CASH FLOW	$15M
Net Change in Cash	$53M

Balance Sheet

Item	Amount
Cash & Equivalents	$132M
Short-Term Investments	$20M
Net Receivables	$8M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$160M
PP&E (Net)	$31M
Goodwill	$11M
Intangible Assets	$0
Long-Term Investments	$1.5B
Tax Assets	$9M
Other Non-Current Assets	$372M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.1B
Account Payables	$953.0K
Short-Term Debt	$18M
Deferred Revenue	$0
Other Current Liabilities	$1.7B
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$96M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$31M
TOTAL NON-CURRENT LIABILITIES	$128M
TOTAL LIABILITIES	$1.9B
Common Stock	$65.0K
Additional Paid-In Capital	$22M
Retained Earnings	$207M
Treasury Stock	$0
Accum. Other Comp. Income	-$25M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$204M
Minority Interest	$0
TOTAL EQUITY	$204M
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$115M
Net Debt	-$17M