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Side-by-side financial comparison of ARTIVION, INC. (AORT) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.

Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $116.0M, roughly 1.2× ARTIVION, INC.). ARTIVION, INC. runs the higher net margin — 2.1% vs -31.4%, a 33.5% gap on every dollar of revenue. On growth, ARTIVION, INC. posted the faster year-over-year revenue change (19.2% vs 0.4%). Over the past eight quarters, ARTIVION, INC.'s revenue compounded faster (9.1% CAGR vs 0.0%).

Artivion, Inc. is a distributor of cryogenically preserved human tissues for cardiac and vascular transplant applications and develops medical devices. Among its products are human heart valves, which are treated to remove excess cellular material and antigens, and BioGlue surgical adhesive.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

AORT vs PDM — Head-to-Head

Bigger by revenue
PDM
PDM
1.2× larger
PDM
$143.3M
$116.0M
AORT
Growing faster (revenue YoY)
AORT
AORT
+18.8% gap
AORT
19.2%
0.4%
PDM
Higher net margin
AORT
AORT
33.5% more per $
AORT
2.1%
-31.4%
PDM
Faster 2-yr revenue CAGR
AORT
AORT
Annualised
AORT
9.1%
0.0%
PDM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AORT
AORT
PDM
PDM
Revenue
$116.0M
$143.3M
Net Profit
$2.4M
$-45.0M
Gross Margin
63.1%
Operating Margin
9.2%
Net Margin
2.1%
-31.4%
Revenue YoY
19.2%
0.4%
Net Profit YoY
114.7%
-27.9%
EPS (diluted)
$0.06
$-0.10

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.

Revenue
AORT
AORT
PDM
PDM
Q1 26
$143.3M
Q4 25
$116.0M
$142.9M
Q3 25
$113.4M
$139.2M
Q2 25
$113.0M
$140.3M
Q1 25
$99.0M
$142.7M
Q4 24
$97.3M
$143.2M
Q3 24
$95.8M
$139.3M
Q2 24
$98.0M
$143.3M
Net Profit
AORT
AORT
PDM
PDM
Q1 26
$-45.0M
Q4 25
$2.4M
$-43.2M
Q3 25
$6.5M
$-13.5M
Q2 25
$1.3M
$-16.8M
Q1 25
$-505.0K
$-10.1M
Q4 24
$-16.5M
$-30.0M
Q3 24
$-2.3M
$-11.5M
Q2 24
$-2.1M
$-9.8M
Gross Margin
AORT
AORT
PDM
PDM
Q1 26
Q4 25
63.1%
Q3 25
65.6%
Q2 25
64.7%
Q1 25
64.2%
Q4 24
63.2%
Q3 24
63.7%
Q2 24
64.6%
Operating Margin
AORT
AORT
PDM
PDM
Q1 26
Q4 25
9.2%
Q3 25
11.1%
Q2 25
7.4%
Q1 25
2.2%
Q4 24
2.7%
Q3 24
4.6%
Q2 24
6.6%
Net Margin
AORT
AORT
PDM
PDM
Q1 26
-31.4%
Q4 25
2.1%
-30.3%
Q3 25
5.7%
-9.7%
Q2 25
1.2%
-12.0%
Q1 25
-0.5%
-7.1%
Q4 24
-16.9%
-20.9%
Q3 24
-2.4%
-8.3%
Q2 24
-2.2%
-6.8%
EPS (diluted)
AORT
AORT
PDM
PDM
Q1 26
$-0.10
Q4 25
$0.06
$-0.34
Q3 25
$0.13
$-0.11
Q2 25
$0.03
$-0.14
Q1 25
$-0.01
$-0.08
Q4 24
$-0.40
$-0.25
Q3 24
$-0.05
$-0.09
Q2 24
$-0.05
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AORT
AORT
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$64.9M
$2.3M
Total DebtLower is stronger
$215.1M
Stockholders' EquityBook value
$448.2M
$1.5B
Total Assets
$884.8M
$4.0B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AORT
AORT
PDM
PDM
Q1 26
$2.3M
Q4 25
$64.9M
$731.0K
Q3 25
$73.4M
$3.0M
Q2 25
$53.5M
$3.3M
Q1 25
$37.7M
$2.9M
Q4 24
$53.5M
$109.6M
Q3 24
$56.2M
$133.6M
Q2 24
$55.0M
$138.5M
Total Debt
AORT
AORT
PDM
PDM
Q1 26
Q4 25
$215.1M
$2.2B
Q3 25
$214.9M
$2.2B
Q2 25
$215.6M
$2.2B
Q1 25
$314.7M
$2.2B
Q4 24
$314.3M
$2.2B
Q3 24
$314.0M
$2.2B
Q2 24
$313.6M
$2.2B
Stockholders' Equity
AORT
AORT
PDM
PDM
Q1 26
$1.5B
Q4 25
$448.2M
$1.5B
Q3 25
$438.7M
$1.5B
Q2 25
$419.9M
$1.5B
Q1 25
$294.3M
$1.6B
Q4 24
$276.2M
$1.6B
Q3 24
$304.7M
$1.6B
Q2 24
$295.1M
$1.7B
Total Assets
AORT
AORT
PDM
PDM
Q1 26
$4.0B
Q4 25
$884.8M
$4.0B
Q3 25
$857.7M
$4.0B
Q2 25
$838.4M
$4.0B
Q1 25
$791.2M
$4.0B
Q4 24
$789.1M
$4.1B
Q3 24
$803.1M
$4.1B
Q2 24
$789.5M
$4.2B
Debt / Equity
AORT
AORT
PDM
PDM
Q1 26
Q4 25
0.48×
1.49×
Q3 25
0.49×
1.43×
Q2 25
0.51×
1.41×
Q1 25
1.07×
1.40×
Q4 24
1.14×
1.40×
Q3 24
1.03×
1.36×
Q2 24
1.06×
1.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AORT
AORT
PDM
PDM
Operating Cash FlowLast quarter
$19.6M
Free Cash FlowOCF − Capex
$-7.9M
FCF MarginFCF / Revenue
-6.9%
Capex IntensityCapex / Revenue
23.7%
110.3%
Cash ConversionOCF / Net Profit
8.06×
TTM Free Cash FlowTrailing 4 quarters
$839.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AORT
AORT
PDM
PDM
Q1 26
Q4 25
$19.6M
$140.6M
Q3 25
$22.3M
$35.8M
Q2 25
$15.0M
$50.1M
Q1 25
$-17.0M
$3.7M
Q4 24
$10.1M
$198.1M
Q3 24
$11.5M
$42.9M
Q2 24
$6.1M
$66.8M
Free Cash Flow
AORT
AORT
PDM
PDM
Q1 26
Q4 25
$-7.9M
Q3 25
$17.7M
Q2 25
$11.7M
Q1 25
$-20.6M
Q4 24
$8.7M
Q3 24
$7.8M
Q2 24
$3.6M
FCF Margin
AORT
AORT
PDM
PDM
Q1 26
Q4 25
-6.9%
Q3 25
15.6%
Q2 25
10.4%
Q1 25
-20.8%
Q4 24
9.0%
Q3 24
8.2%
Q2 24
3.7%
Capex Intensity
AORT
AORT
PDM
PDM
Q1 26
110.3%
Q4 25
23.7%
Q3 25
4.1%
Q2 25
2.9%
Q1 25
3.7%
Q4 24
1.5%
Q3 24
3.8%
Q2 24
2.6%
Cash Conversion
AORT
AORT
PDM
PDM
Q1 26
Q4 25
8.06×
Q3 25
3.42×
Q2 25
11.16×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AORT
AORT

Aortic Stent Grafts$43.3M37%
On X$27.8M24%
Preservation Services$24.1M21%
Surgical Sealants$20.3M18%
Other Products$463.0K0%

PDM
PDM

Segment breakdown not available.

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