First National (FXNC) Gross Margin (2019 - 2026)

First National has reported Gross Margin for 8 years, with the latest figure at 52.38% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 169.0% year-over-year to 52.38%; the trailing twelve-month figure through Mar 2026 stood at 21.67% (down 6083.0% YoY), and the FY2025 full-year result was 43.48%, down 4921.0% from the prior year.
• Gross Margin for Q1 2026 stood at 52.38%, up from 115.69% in the prior quarter.
• The five-year high for Gross Margin was 95.42% in Q2 2024, with the low at 115.69% in Q4 2025.
• Historically, Gross Margin has averaged 62.79% across 5 years, with a median of 70.98% in 2024.
• Annual changes were most pronounced in 2024 — Gross Margin jumped 3947 bps — and 2025, when it tumbled 20573 bps.
• First National's Gross Margin stood at 60.28% in 2022, then declined by 16 bps to 50.56% in 2023, then soared by 78 bps to 90.03% in 2024, then slumped by 229 bps to 115.69% in 2025, then soared by 145 bps to 52.38% in 2026.
• The last three Gross Margin figures came in at 52.38% (Q1 2026), 115.69% (Q4 2025), and 52.92% (Q3 2025), per Business Quant data.