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Side-by-side financial comparison of reAlpha Tech Corp. (AIRE) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.
Terreno Realty Corp is the larger business by last-quarter revenue ($137.5M vs $895.3K, roughly 153.6× reAlpha Tech Corp.). Terreno Realty Corp runs the higher net margin — 115.1% vs -541.6%, a 656.7% gap on every dollar of revenue. On growth, reAlpha Tech Corp. posted the faster year-over-year revenue change (70.1% vs 32.6%). Over the past eight quarters, reAlpha Tech Corp.'s revenue compounded faster (562.1% CAGR vs 27.2%).
reAlpha Tech Corp is a proptech firm that leverages artificial intelligence to identify, acquire, and operate high-yield short-term residential rental properties primarily across the United States. It provides tech-powered property management solutions to enhance guest experiences and maximize returns for individual and institutional real estate investors.
Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.
AIRE vs TRNO — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $895.3K | $137.5M |
| Net Profit | $-4.8M | $158.2M |
| Gross Margin | 62.7% | — |
| Operating Margin | -507.8% | — |
| Net Margin | -541.6% | 115.1% |
| Revenue YoY | 70.1% | 32.6% |
| Net Profit YoY | 76.9% | 107.9% |
| EPS (diluted) | $-0.02 | $1.54 |
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 | $895.3K | $137.5M | ||
| Q3 25 | $1.4M | $116.2M | ||
| Q2 25 | $1.3M | $112.2M | ||
| Q1 25 | $925.6K | $110.4M | ||
| Q4 24 | $526.4K | $103.7M | ||
| Q3 24 | $339.2K | $99.6M | ||
| Q2 24 | $62.4K | $94.2M | ||
| Q1 24 | $20.4K | $85.0M |
| Q4 25 | $-4.8M | $158.2M | ||
| Q3 25 | $-5.8M | $103.4M | ||
| Q2 25 | $-4.1M | $93.3M | ||
| Q1 25 | $-2.8M | $48.1M | ||
| Q4 24 | $-21.0M | $76.1M | ||
| Q3 24 | $-2.1M | $36.6M | ||
| Q2 24 | $-1.5M | $35.7M | ||
| Q1 24 | $-1.4M | $36.1M |
| Q4 25 | 62.7% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 49.6% | — | ||
| Q1 25 | 56.0% | — | ||
| Q4 24 | 71.1% | — | ||
| Q3 24 | 66.6% | — | ||
| Q2 24 | 70.7% | — | ||
| Q1 24 | 10.7% | — |
| Q4 25 | -507.8% | — | ||
| Q3 25 | -342.4% | — | ||
| Q2 25 | -326.5% | — | ||
| Q1 25 | -261.7% | — | ||
| Q4 24 | -524.6% | — | ||
| Q3 24 | -479.1% | — | ||
| Q2 24 | -1939.6% | — | ||
| Q1 24 | -6397.0% | — |
| Q4 25 | -541.6% | 115.1% | ||
| Q3 25 | -400.1% | 88.9% | ||
| Q2 25 | -328.3% | 83.1% | ||
| Q1 25 | -307.9% | 43.6% | ||
| Q4 24 | -3994.4% | 73.4% | ||
| Q3 24 | -618.6% | 36.8% | ||
| Q2 24 | -2370.9% | 37.9% | ||
| Q1 24 | -6946.9% | 42.4% |
| Q4 25 | $-0.02 | $1.54 | ||
| Q3 25 | $-0.07 | $1.00 | ||
| Q2 25 | $-0.08 | $0.90 | ||
| Q1 25 | $-0.06 | $0.47 | ||
| Q4 24 | $-0.47 | $0.78 | ||
| Q3 24 | $-0.05 | $0.37 | ||
| Q2 24 | $-0.03 | $0.37 | ||
| Q1 24 | $-0.03 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.8M | $25.0M |
| Total DebtLower is stronger | — | $943.3M |
| Stockholders' EquityBook value | $11.5M | $4.1B |
| Total Assets | $21.7M | $5.4B |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.8M | $25.0M | ||
| Q3 25 | — | $26.2M | ||
| Q2 25 | $587.3K | $128.4M | ||
| Q1 25 | $1.2M | $156.5M | ||
| Q4 24 | $3.1M | $18.1M | ||
| Q3 24 | $7.1M | $243.7M | ||
| Q2 24 | $3.7M | $182.0M | ||
| Q1 24 | $4.8M | $649.6M |
| Q4 25 | — | $943.3M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | $152.9K | $742.4M | ||
| Q1 25 | — | $741.9M | ||
| Q4 24 | $241.1K | $823.4M | ||
| Q3 24 | — | $672.2M | ||
| Q2 24 | — | $772.0M | ||
| Q1 24 | — | $771.8M |
| Q4 25 | $11.5M | $4.1B | ||
| Q3 25 | $10.9M | $4.0B | ||
| Q2 25 | $-1.1M | $3.9B | ||
| Q1 25 | $-972.3K | $3.9B | ||
| Q4 24 | $1.6M | $3.7B | ||
| Q3 24 | $22.5M | $3.6B | ||
| Q2 24 | $22.2M | $3.4B | ||
| Q1 24 | $23.3M | $3.4B |
| Q4 25 | $21.7M | $5.4B | ||
| Q3 25 | $19.7M | $5.3B | ||
| Q2 25 | $15.5M | $5.0B | ||
| Q1 25 | $18.5M | $4.9B | ||
| Q4 24 | $12.0M | $4.8B | ||
| Q3 24 | $34.2M | $4.6B | ||
| Q2 24 | $24.6M | $4.5B | ||
| Q1 24 | $25.4M | $4.4B |
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | 0.15× | 0.22× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.22× | ||
| Q1 24 | — | 0.22× |
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 | $-2.4M | $70.3M |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -270.9% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | — | 0.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-11.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.4M | $70.3M | ||
| Q3 25 | $-4.2M | $79.5M | ||
| Q2 25 | $-2.3M | $60.6M | ||
| Q1 25 | $-2.3M | $61.4M | ||
| Q4 24 | $-2.2M | $51.3M | ||
| Q3 24 | $-1.3M | $70.0M | ||
| Q2 24 | $-1.0M | $64.3M | ||
| Q1 24 | $-1.5M | $47.0M |
| Q4 25 | $-2.4M | — | ||
| Q3 25 | $-4.3M | — | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $-2.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-1.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -270.9% | — | ||
| Q3 25 | -294.1% | — | ||
| Q2 25 | -187.5% | — | ||
| Q1 25 | -246.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -372.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 1.91× | ||
| Q2 24 | — | 1.80× | ||
| Q1 24 | — | 1.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIRE
Segment breakdown not available.
TRNO
| Disposal Group Disposed Of By Sale Not Discontinued Operations | $109.5M | 80% |
| Other | $23.8M | 17% |
| At Market Equity Offering Program500Million | $4.1M | 3% |