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First Bancorp FNLC Amortization of acquisition-related inventory step-up

Amortization of acquisition-related inventory step-up at other companies

CWA
CWANCWAN
$3.12M+131%
Bit Digital logo
Bit DigitalBTBT
$429.62K
First Bancorp logo
First BancorpFNLC
$7K0.0%
Lantronix logo
LantronixLTRX
$18K
Agilysys logo
AgilysysAGYS
$167K+4.4%
Fox Factory Holding Corp. logo
Fox Factory Holding Corp.FOXF
$0-100%

Other financials

Income statement

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Revenue$25.1M+15.3%
Net income$9.0M+27.1%
EPS (diluted)$0.80+27.0%

Balance sheet

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Cash & equivalents$23.6M-10.7%
Total debt$195.8M+5.6%
Total equity$286.8M+10.4%
Total assets$3.2B+0.4%

Cash flow

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Operating cash flow$22.8M+945%
CapEx$526.0K-61.1%
Free cash flow$22.2M+2,587%

Valuation

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Market cap$392.62M+40.6%
Enterprise value$564.81M+26.1%
P/E10.8×+1.5×
P/S+0.8×

Profitability

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Net margin37%+3.4pp
FCF margin57.1%+24.5pp

Returns & leverage

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Return on equity13.3%+2.1pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfAcquisitionCosts.

The official record: First Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Bancorp's amortization of acquisition-related inventory step-up?
First Bancorp (FNLC) reported amortization of acquisition-related inventory step-up of $7K in Q1 2026.
How has First Bancorp's amortization of acquisition-related inventory step-up changed year-over-year?
First Bancorp's amortization of acquisition-related inventory step-up decreased by 0.0% year-over-year, from $7K to $7K.
What is the long-term trend for First Bancorp's amortization of acquisition-related inventory step-up?
Over 4 years (2021 to 2025), First Bancorp's amortization of acquisition-related inventory step-up has grown at a -21.7% compound annual growth rate (CAGR), from $69K to $26K.
What does amortization of acquisition-related inventory step-up mean?
This represents the non-cash expense related to the systematic allocation of costs associated with business combinations, such as the amortization of intangible assets or inventory step-ups. It is used to account for the purchase price premium paid during acquisitions over the useful life of the acquired assets.