First Capital, Inc. (FCAP) Income Statement
FCAP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFCAP revenue and net income
Where FCAP's revenue goes
2025Each bar shows an amount and its share of revenue. FCAP kept 25.1% of revenue as net income.
FCAP profit margins
FCAP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.4% | +16.0% | +11.3% | +10.7% |
| Gross profit | +17.8% | +8.0% | +7.2% | +8.1% |
| Operating income | +40.5% | +11.8% | +11.0% | +10.7% |
| Net income | +37.1% | +11.2% | +10.1% | +12.2% |
| EPS (diluted) | +37.0% | +11.4% | +10.0% | +10.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FCAP quarterly EPS vs estimates
First Capital beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: October 23, 2026.
FCAP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.3M | $58.1M | $51.2M | $41.9M | $39.0M | $38.2M | $38.7M | $34.6M | $32.8M | $31.1M |
| Cost of revenue | $15.8M | $16.1M | $10.2M | $2.5M | $803,000 | $3.4M | $3.4M | $2.8M | $2.3M | $2.4M |
| Gross profit | $49.5M | $42.0M | $41.1M | $39.3M | $38.2M | $34.9M | $35.3M | $31.8M | $30.5M | $28.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $17.3M | $15.9M | $15.3M | $15.1M | $14.9M | $14.1M | $13.7M | $12.1M | $11.5M | $10.8M |
| Total operating expenses | $29.6M | $27.8M | $26.0M | $25.1M | $24.5M | $23.0M | $23.0M | $21.1M | $19.9M | $19.3M |
| Operating income | $19.9M | $14.2M | $15.1M | $14.2M | $13.7M | $11.8M | $12.3M | $10.7M | $10.6M | $9.4M |
| Interest income | $56.7M | $50.4M | $43.5M | $33.9M | $29.4M | $29.6M | $32.0M | $28.8M | $26.3M | $25.0M |
| Interest expense | $14.7M | $14.7M | $9.0M | $1.6M | $1.1M | $1.6M | $2.0M | $1.6M | $1.4M | $1.8M |
| Income before taxes | $19.9M | $14.2M | $15.1M | $14.2M | $13.7M | $11.8M | $12.3M | $10.7M | $10.6M | $9.4M |
| Income taxes | $3.5M | $2.2M | $2.2M | $2.3M | $2.2M | $1.7M | $2.0M | $1.4M | $3.1M | $2.5M |
| Net income | $16.4M | $11.9M | $12.8M | $11.9M | $11.4M | $10.1M | $10.3M | $9.3M | $7.4M | $6.9M |
| EBITDA | $21.0M | $15.3M | $16.1M | $15.3M | $14.8M | $13.0M | $13.4M | $11.9M | $11.8M | $10.6M |
| EPS (diluted) | $4.89 | $3.57 | $3.82 | $3.54 | $3.42 | $3.03 | $3.09 | $2.78 | $2.31 | $2.04 |
| Gross margin | 75.7% | 72.3% | 80.2% | 93.9% | 97.9% | 91.2% | 91.2% | 92.0% | 93.0% | 92.3% |
| Operating margin | 30.5% | 24.4% | 29.4% | 34.0% | 35.1% | 31.0% | 31.9% | 30.8% | 32.2% | 30.2% |
| Net margin | 25.1% | 20.5% | 25.0% | 28.4% | 29.3% | 26.5% | 26.7% | 26.8% | 22.7% | 22.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.8M | $17.0M | $17.1M | $17.0M | $16.1M | $15.2M | $15.1M | $15.0M | $14.2M | $13.7M | $13.5M | $13.1M |
| Cost of revenue | $4.0M | $3.9M | $4.0M | $3.9M | $3.9M | $4.1M | $4.1M | $4.6M | $3.9M | $3.5M | $3.4M | $2.9M |
| Gross profit | $13.9M | $13.1M | $13.1M | $13.1M | $12.1M | $11.1M | $11.0M | $10.5M | $10.3M | $10.2M | $10.1M | $10.2M |
| Sales, general & admin | $4.7M | $4.4M | $4.5M | $437,000 | $447,000 | $4.2M | $3.9M | $4.0M | $4.0M | $3.9M | $3.8M | $3.8M |
| Total operating expenses | $7.9M | $7.8M | $7.3M | $7.6M | $7.5M | $7.2M | $7.0M | $7.0M | $7.0M | $6.8M | $6.5M | $6.5M |
| Operating income | $6.0M | $5.4M | $5.8M | $5.5M | $4.6M | $3.9M | $3.9M | $3.4M | $3.3M | $3.5M | $3.6M | $3.7M |
| Interest income | $15.6M | $14.9M | $14.8M | $14.6M | $14.0M | $13.3M | $13.2M | $13.2M | $12.2M | $11.8M | $11.6M | $11.2M |
| Interest expense | $3.5M | $3.5M | $3.6M | $3.7M | $3.6M | $3.8M | $3.8M | $4.1M | $3.6M | $3.2M | $3.1M | $2.6M |
| Income before taxes | $6.0M | $5.4M | $5.8M | $5.5M | $4.6M | $3.9M | $3.9M | $3.4M | $3.3M | $3.5M | $3.6M | $3.7M |
| Income taxes | $1.2M | $1.0M | $938,000 | $1.1M | $852,000 | $672,000 | $684,000 | $537,000 | $488,000 | $507,000 | $478,000 | $572,000 |
| Net income | $4.8M | $4.3M | $4.9M | $4.5M | $3.8M | $3.2M | $3.3M | $2.9M | $2.8M | $3.0M | $3.1M | $3.1M |
| EBITDA | $6.3M | $5.6M | $6.1M | $5.8M | $4.9M | $4.2M | $4.2M | $3.7M | $3.6M | $3.7M | $3.9M | $4.0M |
| EPS (diluted) | $1.43 | $1.30 | $1.46 | $1.34 | $1.13 | $0.97 | $0.97 | $0.87 | $0.85 | $0.88 | $0.93 | $0.94 |
| Gross margin | 77.8% | 77.3% | 76.9% | 77.3% | 75.5% | 73.1% | 72.7% | 69.6% | 72.4% | 74.4% | 74.8% | 77.7% |
| Operating margin | 33.7% | 31.6% | 34.0% | 32.7% | 28.8% | 25.8% | 26.1% | 22.9% | 23.3% | 25.2% | 26.7% | 28.3% |
| Net margin | 26.7% | 25.5% | 28.5% | 26.4% | 23.5% | 21.3% | 21.6% | 19.3% | 19.8% | 21.5% | 23.1% | 23.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FCAP's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FCAP financial results
In fiscal year 2025 (ended December 31, 2025), First Capital reported revenue of $65.3 million, up 12.4% from the year before. It had net income of $16.4 million (up 37.1%), a net profit margin of 25.1%. Diluted earnings per share came to $4.89. Over five years revenue grew at an average rate of 11.3% a year.
See the FCAP stock overview for the latest quote and news, or the FCAP chart for price history and technical indicators.
FCAP income statement FAQ
What is First Capital's annual revenue?
First Capital reported total revenue of $65.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 12.4% from $58.1 million the previous year.
Is First Capital profitable?
Yes. First Capital reported net income of $16.4 million in fiscal 2025, a net profit margin of 25.1%; its operating margin was 30.5%.
What is First Capital's gross margin?
First Capital's gross margin was 75.7% in fiscal 2025: for every $100 of revenue, First Capital kept $76 after the direct cost of its products and services.
How fast is First Capital growing?
Revenue grew 11.3% a year on average over the last five fiscal years, from $38.2 million to $65.3 million.
What are First Capital's earnings per share?
First Capital earned $4.89 per diluted share in fiscal 2025, compared with $3.57 a year earlier.
When will First Capital report its next earnings?
First Capital is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 after the market closes.
When does First Capital's fiscal year end?
First Capital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.