First Merchants Corp (FRME) Financials
Key financial figures for First Merchants Corp (Q2 2026).
First Merchants Corporation reported revenue of $298.0 million for Q2 FY2026, up 14.2% from the same period a year earlier. Net income was $44.0 million, or $0.70 per share. Operating margin came to 16.26%, against 24.95% a year earlier. Free cash flow for the period was $88.0 million. Across the last 5 reported quarters, quarterly revenue has risen from $261.0 million in Q2 FY2025 to $298.0 million in Q2 FY2026. The figures above are as filed, and the full income statement, balance sheet and cash flow history for First Merchants Corporation are on the SentiSense financials page.
- Revenue
- $261M
- Net Income
- $44M
- EPS
- $0.70
- Total Assets
- $21.3B
- Operating Cash Flow
- $88M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $298M | $44M | $0.70 | 16.26% | $88M |
| Q1 FY2026 | $253M | $28M | $0.46 | 10.69% | $59M |
| Q4 FY2025 | $270M | $57M | $0.99 | 24.28% | $81M |
| Q3 FY2025 | $268M | $57M | $0.98 | 24.4% | $88M |
| Q2 FY2025 | $261M | $57M | $0.98 | 24.95% | $54M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.1B | $226M | $3.88 | 24.67% | $284M |
| FY2024 | $1.1B | $201M | $3.41 | 21.99% | $266M |
| FY2023 | $999M | $224M | $3.73 | 25.94% | $259M |
Frequently asked questions
What was First Merchants Corporation's revenue last quarter?
First Merchants Corporation reported revenue of $298.0 million for Q2 FY2026, up 14.2% from the same period a year earlier.
Is First Merchants Corporation profitable?
Yes. First Merchants Corporation reported net income of $44.0 million for Q2 FY2026, a net margin of 14.76% on revenue.
How has First Merchants Corporation's margin trended?
Operating margin was 16.26% in Q2 FY2026, compared with 24.95% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did First Merchants Corporation generate?
First Merchants Corporation generated free cash flow of $88.0 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for First Merchants Corp on SentiSense, with up to forty quarters and twenty fiscal years of history.