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Side-by-side financial comparison of Armour Residential REIT, Inc. (ARR) and NETSTREIT Corp. (NTST). Click either name above to swap in a different company.
NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $50.4M, roughly 1.1× Armour Residential REIT, Inc.). Armour Residential REIT, Inc. runs the higher net margin — 420.2% vs 10.0%, a 410.2% gap on every dollar of revenue. On growth, Armour Residential REIT, Inc. posted the faster year-over-year revenue change (297.9% vs 24.3%). Over the past eight quarters, Armour Residential REIT, Inc.'s revenue compounded faster (108.0% CAGR vs 20.1%).
Armour Residential REIT, Inc. is a U.S.-based real estate investment trust that primarily invests in agency residential mortgage-backed securities guaranteed by U.S. government-sponsored entities. It focuses on generating consistent long-term net income for shareholders via strategic asset management and active interest rate risk mitigation.
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
ARR vs NTST — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $50.4M | $57.1M |
| Net Profit | $211.7M | $5.7M |
| Gross Margin | — | — |
| Operating Margin | — | 34.1% |
| Net Margin | 420.2% | 10.0% |
| Revenue YoY | 297.9% | 24.3% |
| Net Profit YoY | 555.9% | 235.9% |
| EPS (diluted) | $2.43 | $0.32 |
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.
| Q1 26 | — | $57.1M | ||
| Q4 25 | $50.4M | $52.5M | ||
| Q3 25 | $38.5M | $48.3M | ||
| Q2 25 | $33.1M | $48.3M | ||
| Q1 25 | $36.3M | $45.9M | ||
| Q4 24 | $12.7M | $44.1M | ||
| Q3 24 | — | $41.4M | ||
| Q2 24 | $7.0M | $39.6M |
| Q1 26 | — | $5.7M | ||
| Q4 25 | $211.7M | $1.3M | ||
| Q3 25 | $159.3M | $618.0K | ||
| Q2 25 | $-75.6M | $3.3M | ||
| Q1 25 | $27.3M | $1.7M | ||
| Q4 24 | $-46.4M | $-5.4M | ||
| Q3 24 | — | $-5.3M | ||
| Q2 24 | $-48.4M | $-2.3M |
| Q1 26 | — | 34.1% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 6.8% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | -12.3% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -5.8% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | 420.2% | 2.5% | ||
| Q3 25 | 413.5% | 1.3% | ||
| Q2 25 | -228.4% | 6.8% | ||
| Q1 25 | 75.2% | 3.7% | ||
| Q4 24 | -366.8% | -12.3% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | -693.8% | -5.8% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | $2.43 | $0.01 | ||
| Q3 25 | $1.49 | $0.01 | ||
| Q2 25 | $-0.94 | $0.04 | ||
| Q1 25 | $0.32 | $0.02 | ||
| Q4 24 | $-0.91 | $-0.07 | ||
| Q3 24 | — | $-0.07 | ||
| Q2 24 | $-1.05 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.3B | $1.5B |
| Total Assets | $21.0B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.3M | — | ||
| Q3 25 | $44.2M | — | ||
| Q2 25 | $141.2M | — | ||
| Q1 25 | $49.1M | — | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $126.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $926.6M | ||
| Q1 25 | — | $913.3M | ||
| Q4 24 | — | $868.3M | ||
| Q3 24 | — | $778.7M | ||
| Q2 24 | — | $726.2M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $21.0B | $2.6B | ||
| Q3 25 | $19.4B | $2.5B | ||
| Q2 25 | $16.2B | $2.3B | ||
| Q1 25 | $15.5B | $2.3B | ||
| Q4 24 | $13.5B | $2.3B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $10.1B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.55× |
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 | $124.2M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $124.2M | $109.5M | ||
| Q3 25 | $-37.8M | $28.0M | ||
| Q2 25 | $25.0M | $30.6M | ||
| Q1 25 | $101.5M | $22.1M | ||
| Q4 24 | $261.5M | $90.2M | ||
| Q3 24 | — | $25.1M | ||
| Q2 24 | $27.1M | $25.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 82.46× | ||
| Q3 25 | -0.24× | 45.27× | ||
| Q2 25 | — | 9.36× | ||
| Q1 25 | 3.71× | 13.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARR
Segment breakdown not available.
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
