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

AVANOS MEDICAL, INC. is the larger business by last-quarter revenue ($180.9M vs $143.3M, roughly 1.3× Piedmont Realty Trust, Inc.). AVANOS MEDICAL, INC. runs the higher net margin — -0.7% vs -31.4%, a 30.7% gap on every dollar of revenue. On growth, AVANOS MEDICAL, INC. posted the faster year-over-year revenue change (0.7% vs 0.4%). Over the past eight quarters, AVANOS MEDICAL, INC.'s revenue compounded faster (4.4% CAGR vs 0.0%).

Avanos Medical, Inc. is a medical technology company making clinical medical devices. The company consists of two franchises – Pain Management and Chronic Care – that address reducing the use of opioids while helping patients recover faster and preventing infection.

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.

AVNS vs PDM — Head-to-Head

Bigger by revenue
AVNS
AVNS
1.3× larger
AVNS
$180.9M
$143.3M
PDM
Growing faster (revenue YoY)
AVNS
AVNS
+0.3% gap
AVNS
0.7%
0.4%
PDM
Higher net margin
AVNS
AVNS
30.7% more per $
AVNS
-0.7%
-31.4%
PDM
Faster 2-yr revenue CAGR
AVNS
AVNS
Annualised
AVNS
4.4%
0.0%
PDM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AVNS
AVNS
PDM
PDM
Revenue
$180.9M
$143.3M
Net Profit
$-1.3M
$-45.0M
Gross Margin
47.5%
Operating Margin
1.4%
Net Margin
-0.7%
-31.4%
Revenue YoY
0.7%
0.4%
Net Profit YoY
99.7%
-27.9%
EPS (diluted)
$-0.02
$-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
AVNS
AVNS
PDM
PDM
Q1 26
$143.3M
Q4 25
$180.9M
$142.9M
Q3 25
$177.8M
$139.2M
Q2 25
$175.0M
$140.3M
Q1 25
$167.5M
$142.7M
Q4 24
$179.6M
$143.2M
Q3 24
$170.4M
$139.3M
Q2 24
$171.7M
$143.3M
Net Profit
AVNS
AVNS
PDM
PDM
Q1 26
$-45.0M
Q4 25
$-1.3M
$-43.2M
Q3 25
$-1.4M
$-13.5M
Q2 25
$-76.8M
$-16.8M
Q1 25
$6.6M
$-10.1M
Q4 24
$-397.3M
$-30.0M
Q3 24
$4.3M
$-11.5M
Q2 24
$1.8M
$-9.8M
Gross Margin
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
47.5%
Q3 25
48.4%
Q2 25
52.6%
Q1 25
53.6%
Q4 24
54.6%
Q3 24
54.5%
Q2 24
55.7%
Operating Margin
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
1.4%
Q3 25
0.1%
Q2 25
-42.6%
Q1 25
6.1%
Q4 24
-233.0%
Q3 24
7.0%
Q2 24
3.7%
Net Margin
AVNS
AVNS
PDM
PDM
Q1 26
-31.4%
Q4 25
-0.7%
-30.3%
Q3 25
-0.8%
-9.7%
Q2 25
-43.9%
-12.0%
Q1 25
3.9%
-7.1%
Q4 24
-221.2%
-20.9%
Q3 24
2.5%
-8.3%
Q2 24
1.0%
-6.8%
EPS (diluted)
AVNS
AVNS
PDM
PDM
Q1 26
$-0.10
Q4 25
$-0.02
$-0.34
Q3 25
$-0.03
$-0.11
Q2 25
$-1.66
$-0.14
Q1 25
$0.14
$-0.08
Q4 24
$-8.64
$-0.25
Q3 24
$0.09
$-0.09
Q2 24
$0.04
$-0.08

Balance Sheet & Financial Strength

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

Metric
AVNS
AVNS
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$89.8M
$2.3M
Total DebtLower is stronger
$90.3M
Stockholders' EquityBook value
$778.2M
$1.5B
Total Assets
$1.1B
$4.0B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNS
AVNS
PDM
PDM
Q1 26
$2.3M
Q4 25
$89.8M
$731.0K
Q3 25
$70.5M
$3.0M
Q2 25
$90.3M
$3.3M
Q1 25
$97.0M
$2.9M
Q4 24
$107.7M
$109.6M
Q3 24
$89.0M
$133.6M
Q2 24
$92.2M
$138.5M
Total Debt
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
$90.3M
$2.2B
Q3 25
$93.4M
$2.2B
Q2 25
$95.7M
$2.2B
Q1 25
$98.0M
$2.2B
Q4 24
$125.3M
$2.2B
Q3 24
$152.6M
$2.2B
Q2 24
$164.9M
$2.2B
Stockholders' Equity
AVNS
AVNS
PDM
PDM
Q1 26
$1.5B
Q4 25
$778.2M
$1.5B
Q3 25
$778.0M
$1.5B
Q2 25
$776.3M
$1.5B
Q1 25
$839.4M
$1.6B
Q4 24
$828.5M
$1.6B
Q3 24
$1.2B
$1.6B
Q2 24
$1.2B
$1.7B
Total Assets
AVNS
AVNS
PDM
PDM
Q1 26
$4.0B
Q4 25
$1.1B
$4.0B
Q3 25
$1.1B
$4.0B
Q2 25
$1.0B
$4.0B
Q1 25
$1.1B
$4.0B
Q4 24
$1.2B
$4.1B
Q3 24
$1.7B
$4.1B
Q2 24
$1.7B
$4.2B
Debt / Equity
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
0.12×
1.49×
Q3 25
0.12×
1.43×
Q2 25
0.12×
1.41×
Q1 25
0.12×
1.40×
Q4 24
0.15×
1.40×
Q3 24
0.12×
1.36×
Q2 24
0.13×
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
AVNS
AVNS
PDM
PDM
Operating Cash FlowLast quarter
$28.2M
Free Cash FlowOCF − Capex
$21.3M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
3.8%
110.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
$28.2M
$140.6M
Q3 25
$14.0M
$35.8M
Q2 25
$6.8M
$50.1M
Q1 25
$25.7M
$3.7M
Q4 24
$57.9M
$198.1M
Q3 24
$23.0M
$42.9M
Q2 24
$27.8M
$66.8M
Free Cash Flow
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
$21.3M
Q3 25
$7.0M
Q2 25
$-4.2M
Q1 25
$19.0M
Q4 24
$53.1M
Q3 24
$20.0M
Q2 24
$21.9M
FCF Margin
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
11.8%
Q3 25
3.9%
Q2 25
-2.4%
Q1 25
11.3%
Q4 24
29.6%
Q3 24
11.7%
Q2 24
12.8%
Capex Intensity
AVNS
AVNS
PDM
PDM
Q1 26
110.3%
Q4 25
3.8%
Q3 25
3.9%
Q2 25
6.3%
Q1 25
4.0%
Q4 24
2.7%
Q3 24
1.8%
Q2 24
3.4%
Cash Conversion
AVNS
AVNS
PDM
PDM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
3.89×
Q4 24
Q3 24
5.35×
Q2 24
15.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVNS
AVNS

Enteral Feeding$83.0M46%
Radiofrequency Ablation$36.9M20%
Neonate Solutions$32.1M18%
Surgical Pain And Recovery$24.7M14%
Corporate Other$4.2M2%

PDM
PDM

Segment breakdown not available.

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