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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and GAIA, INC (GAIA). Click either name above to swap in a different company.
ADAMAS TRUST, INC. is the larger business by last-quarter revenue ($43.2M vs $25.5M, roughly 1.7× GAIA, INC). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -0.3%, a 124.3% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs 5.8%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $76.0K). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs 9.4%).
Gaia, Inc. is a publicly traded (NASDAQ:GAIA) American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, a subscription video on-demand service consisting of original and licensed alternative media documentaries, including those on wellness, spirituality and conspiracy theories.
ADAM vs GAIA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $25.5M |
| Net Profit | $53.5M | $-75.0K |
| Gross Margin | — | 87.6% |
| Operating Margin | — | -2.6% |
| Net Margin | 124.0% | -0.3% |
| Revenue YoY | 61.6% | 5.8% |
| Net Profit YoY | 270.5% | 91.7% |
| EPS (diluted) | $0.45 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.2M | $25.5M | ||
| Q3 25 | $36.6M | $25.0M | ||
| Q2 25 | $36.4M | $24.6M | ||
| Q1 25 | $33.1M | $23.8M | ||
| Q4 24 | $26.7M | $24.1M | ||
| Q3 24 | $20.2M | $22.0M | ||
| Q2 24 | $19.0M | $21.9M | ||
| Q1 24 | $17.9M | $21.3M |
| Q4 25 | $53.5M | $-75.0K | ||
| Q3 25 | $44.8M | $-1.2M | ||
| Q2 25 | $8.5M | $-2.0M | ||
| Q1 25 | $42.2M | $-1.2M | ||
| Q4 24 | $-31.4M | $-907.0K | ||
| Q3 24 | $42.8M | $-1.2M | ||
| Q2 24 | $-15.6M | $-2.2M | ||
| Q1 24 | $-57.9M | $-971.0K |
| Q4 25 | — | 87.6% | ||
| Q3 25 | — | 86.4% | ||
| Q2 25 | — | 86.7% | ||
| Q1 25 | — | 87.7% | ||
| Q4 24 | — | 88.2% | ||
| Q3 24 | — | 86.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | — | -2.6% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | 11.7% | -8.9% | ||
| Q1 25 | — | -4.3% | ||
| Q4 24 | -119.0% | -7.1% | ||
| Q3 24 | — | -5.3% | ||
| Q2 24 | -124.7% | -9.1% | ||
| Q1 24 | -448.8% | -4.0% |
| Q4 25 | 124.0% | -0.3% | ||
| Q3 25 | 122.5% | -4.6% | ||
| Q2 25 | 23.4% | -8.3% | ||
| Q1 25 | 127.4% | -5.1% | ||
| Q4 24 | -117.5% | -3.8% | ||
| Q3 24 | 211.7% | -5.4% | ||
| Q2 24 | -81.9% | -9.9% | ||
| Q1 24 | -324.1% | -4.6% |
| Q4 25 | $0.45 | $-0.02 | ||
| Q3 25 | $0.36 | $-0.05 | ||
| Q2 25 | $-0.04 | $-0.07 | ||
| Q1 25 | $0.33 | $-0.04 | ||
| Q4 24 | $-0.46 | $-0.03 | ||
| Q3 24 | $0.36 | $-0.05 | ||
| Q2 24 | $-0.29 | $-0.09 | ||
| Q1 24 | $-0.75 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $13.5M |
| Total DebtLower is stronger | $735.8M | — |
| Stockholders' EquityBook value | $1.4B | $87.9M |
| Total Assets | $12.6B | $154.6M |
| Debt / EquityLower = less leverage | 0.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $13.5M | ||
| Q3 25 | $185.3M | $14.2M | ||
| Q2 25 | $160.4M | $13.9M | ||
| Q1 25 | $177.1M | $13.1M | ||
| Q4 24 | $167.4M | $5.9M | ||
| Q3 24 | $195.1M | $4.4M | ||
| Q2 24 | $235.5M | $5.5M | ||
| Q1 24 | $226.9M | $8.6M |
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $1.4B | $87.9M | ||
| Q3 25 | $1.4B | $86.3M | ||
| Q2 25 | $1.4B | $85.7M | ||
| Q1 25 | $1.4B | $87.0M | ||
| Q4 24 | $1.4B | $80.7M | ||
| Q3 24 | $1.4B | $81.2M | ||
| Q2 24 | $1.4B | $82.1M | ||
| Q1 24 | $1.5B | $84.8M |
| Q4 25 | $12.6B | $154.6M | ||
| Q3 25 | $12.4B | $151.1M | ||
| Q2 25 | $10.6B | $147.0M | ||
| Q1 25 | $10.0B | $148.5M | ||
| Q4 24 | $9.2B | $141.2M | ||
| Q3 24 | $8.9B | $139.6M | ||
| Q2 24 | $8.2B | $142.1M | ||
| Q1 24 | $7.4B | $133.8M |
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $1.8M |
| Free Cash FlowOCF − Capex | $125.9M | $76.0K |
| FCF MarginFCF / Revenue | 291.6% | 0.3% |
| Capex IntensityCapex / Revenue | 18.9% | 6.6% |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-377.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $1.8M | ||
| Q3 25 | $6.9M | $326.0K | ||
| Q2 25 | $39.2M | $2.3M | ||
| Q1 25 | $25.8M | $1.3M | ||
| Q4 24 | $14.1M | $2.7M | ||
| Q3 24 | $-922.0K | $409.0K | ||
| Q2 24 | $-993.0K | $-2.1M | ||
| Q1 24 | $-13.1M | $5.9M |
| Q4 25 | $125.9M | $76.0K | ||
| Q3 25 | — | $-1.6M | ||
| Q2 25 | — | $880.0K | ||
| Q1 25 | — | $268.0K | ||
| Q4 24 | $-10.6M | $1.6M | ||
| Q3 24 | $-8.6M | $-952.0K | ||
| Q2 24 | $-8.6M | $-3.5M | ||
| Q1 24 | $-19.1M | $4.9M |
| Q4 25 | 291.6% | 0.3% | ||
| Q3 25 | — | -6.4% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | -39.6% | 6.5% | ||
| Q3 24 | -42.3% | -4.3% | ||
| Q2 24 | -44.9% | -16.1% | ||
| Q1 24 | -107.0% | 22.8% |
| Q4 25 | 18.9% | 6.6% | ||
| Q3 25 | — | 7.7% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | 92.3% | 4.6% | ||
| Q3 24 | 37.7% | 6.2% | ||
| Q2 24 | 39.7% | 6.6% | ||
| Q1 24 | 33.5% | 5.0% |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
GAIA
| US | $16.7M | 65% |
| Non Us | $8.8M | 35% |
