First Capital (FCAP) Financial Statements & Analysis

First Capital (FCAP) Income Statement

First Capital reported revenue of $49.47M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 17.8% from $42.00M a year earlier. Net income was $16.37M, up 37.1% year over year, a net margin of 33.1%. Gross margin was 100.0% and operating margin 40.2%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $14.45M, up 8.9% from the same quarter a year earlier.

First Capital Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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First Capital, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	49.47	42.00	42.22	39.32	38.21	38.23	38.68	34.58	32.80
Cost of Revenue	15.84	16.13	10.16	2.54	0.80	3.36	3.39	2.78	2.31
Gross Profit	49.47	42.00	41.08	39.32	38.21	34.87	35.30	31.80	30.50
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	8.67	8.15	15.33	6.89	6.60	14.15	13.66	12.08	11.55
Operating Expenses	29.56	27.83	26.03	25.09	24.53	23.04	22.97	21.14	19.94
Operating Income	19.91	14.17	15.05	14.24	13.68	11.84	12.33	10.66	10.56
Other Income/Expense
Interest Income	56.85	50.38	43.55	33.92	29.44	29.58	31.95	28.79	26.34
Interest Expense	14.70	14.68	9.02	1.59	1.13	1.56	1.96	1.61	1.39
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	19.91	14.17	15.05	14.24	13.68	11.84	12.33	10.66	10.56
Income Tax Expense	3.53	2.22	2.25	2.32	2.24	1.69	1.99	1.39	3.10
Net Income	16.37	11.94	12.79	11.90	11.42	10.13	10.33	9.25	7.44
Net Income - Continuous Operations	16.37	11.95	12.80	11.90	11.44	10.13	10.33	9.25	7.44
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	1.09	1.10	16.08	1.07	1.14	13.04	13.40	11.88	11.78
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	1.09	1.10	1.03	1.07	1.14	1.20	1.07	1.22	1.23
Earnings Per Share
Basic EPS	5.00	4.00	4.00	4.00	3.00	3.00	3.00	3.00	2.00
Diluted EPS	5.00	4.00	4.00	4.00	3.00	3.00	3.00	3.00	2.00
Basic Shares Outstanding	3.35	3.35	3.35	3.36	3.35	3.34	3.33	3.33	3.33
Diluted Shares Outstanding	3.35	3.35	3.35	3.36	3.35	3.35	3.34	3.34	3.33

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About First Capital Financial Statements

What was First Capital's revenue in fiscal 2025?

First Capital reported revenue of $49.47M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 17.8% from $42.00M a year earlier.

Is First Capital profitable?

Yes. First Capital earned net income of $16.37M in fiscal 2025, a net margin of 33.1%. In fiscal 2024 it earned $11.94M.

What is First Capital's operating margin?

First Capital's operating income was $19.91M on revenue of $49.47M in fiscal 2025, an operating margin of 40.2%, compared with 33.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition