First Merchants Corp
FRME
NASDAQ
Banking
$43.42
USD
+0.75 (+1.76%)
At close: Jul 28, 2026, 4:00 PM EDT
Market Cap $2.75B
Volume 392.1K
Revenue
$1.05B
TTM
-0.9%
YoY
Gross Margin
63%
TTM
+2.0%
YoY
Net Income
$198.82M
TTM
-4.8%
YoY
Operating Cash Flow
$280.54M
TTM
+4.3%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|
Revenue | 252.6 | 261.0 | 267.6 | 270.6 | 254.4 |
YoY Growth | -3.8% | -2.5% | +0.6% | -2.5% | +0.7% |
Cost of Revenue | 92.2 | 96.7 | 101.4 | 98.4 | 97.3 |
Gross Profit | 160.3 | 164.3 | 166.1 | 172.2 | 157.1 |
Selling, General & Administrative | 24.8 | 26.6 | 26.8 | 28.6 | 39.5 |
Other Operating Expenses | 13.2 | 12.5 | 12.4 | 12.7 | 16.2 |
Total Operating Expenses | 92.9 | 93.6 | 96.6 | 99.5 | 125.1 |
Operating Income | 63.2 | 65.1 | 65.3 | 65.5 | 27.1 |
EBITDA | 63.2 | 65.1 | 65.3 | 65.5 | 27.1 |
Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Total Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Income Before Income Taxes | 63.2 | 65.1 | 65.3 | 65.5 | 27.1 |
Income Taxes | 7.9 | 8.3 | 8.5 | 8.4 | -1.1 |
Net Income | 55.3 | 56.8 | 56.8 | 57.1 | 28.2 |
Consolidated Net Income / Loss | 55.3 | 56.8 | 56.8 | 57.1 | 28.2 |
Net Income Attributable to Common Shareholders | 54.9 | 56.4 | 56.3 | 56.6 | 27.7 |
Basic EPS | $0.95 | $0.98 | $0.98 | $0.99 | $0.46 |
Diluted EPS | $0.94 | $0.98 | $0.98 | $0.98 | $0.45 |
Basic Shares Outstanding | 58.0M | 57.8M | 57.2M | 57.5M | 60.7M |
Diluted Shares Outstanding | 58.2M | 57.8M | 57.4M | 57.7M | 61.0M |