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Side-by-side financial comparison of AMREP CORP. (AXR) and Beneficient (BENF). Click either name above to swap in a different company.

Beneficient is the larger business by last-quarter revenue ($18.7M vs $14.6M, roughly 1.3× AMREP CORP.). Beneficient runs the higher net margin — 106.7% vs 21.6%, a 85.1% gap on every dollar of revenue. On growth, Beneficient posted the faster year-over-year revenue change (322.5% vs 93.8%).

AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States. It was founded in 1961 as The American Realty and Petroleum Corporation.

Beneficient is a financial services firm specializing in alternative asset liquidity solutions. It offers tailored options for holders of illiquid alternative investments including private equity, hedge fund stakes, and real assets, serving institutional investors, high-net-worth individuals, and family offices primarily in North America.

AXR vs BENF — Head-to-Head

Bigger by revenue
BENF
BENF
1.3× larger
BENF
$18.7M
$14.6M
AXR
Growing faster (revenue YoY)
BENF
BENF
+228.7% gap
BENF
322.5%
93.8%
AXR
Higher net margin
BENF
BENF
85.1% more per $
BENF
106.7%
21.6%
AXR

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
AXR
AXR
BENF
BENF
Revenue
$14.6M
$18.7M
Net Profit
$3.1M
$19.9M
Gross Margin
Operating Margin
20.6%
21.1%
Net Margin
21.6%
106.7%
Revenue YoY
93.8%
322.5%
Net Profit YoY
338.9%
330.5%
EPS (diluted)
$0.58

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
AXR
AXR
BENF
BENF
Q1 26
$14.6M
Q4 25
$9.4M
$18.7M
Q3 25
$17.9M
$-2.8M
Q2 25
$11.2M
$-12.6M
Q1 25
$7.5M
$-31.0M
Q4 24
$11.9M
$4.4M
Q3 24
$19.1M
$8.6M
Q2 24
$19.5M
$10.0M
Net Profit
AXR
AXR
BENF
BENF
Q1 26
$3.1M
Q4 25
$1.2M
$19.9M
Q3 25
$4.7M
$-17.9M
Q2 25
$3.9M
$-92.6M
Q1 25
$717.0K
$-44.6M
Q4 24
$4.0M
$-8.6M
Q3 24
$4.1M
$9.7M
Q2 24
$4.1M
$44.3M
Operating Margin
AXR
AXR
BENF
BENF
Q1 26
20.6%
Q4 25
11.9%
21.1%
Q3 25
34.4%
646.5%
Q2 25
31.7%
734.0%
Q1 25
5.7%
146.3%
Q4 24
26.4%
-215.3%
Q3 24
26.1%
-160.2%
Q2 24
23.9%
Net Margin
AXR
AXR
BENF
BENF
Q1 26
21.6%
Q4 25
12.8%
106.7%
Q3 25
26.3%
648.1%
Q2 25
34.8%
734.0%
Q1 25
9.5%
144.1%
Q4 24
33.9%
-195.5%
Q3 24
21.3%
113.9%
Q2 24
21.2%
441.1%
EPS (diluted)
AXR
AXR
BENF
BENF
Q1 26
$0.58
Q4 25
$0.22
Q3 25
$0.87
Q2 25
$0.73
Q1 25
$0.13
Q4 24
$0.75
Q3 24
$0.76
Q2 24
$0.77

Balance Sheet & Financial Strength

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

Metric
AXR
AXR
BENF
BENF
Cash + ST InvestmentsLiquidity on hand
$50.0M
$7.9M
Total DebtLower is stronger
$21.0K
Stockholders' EquityBook value
$139.4M
$-128.6M
Total Assets
$143.9M
$337.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXR
AXR
BENF
BENF
Q1 26
$50.0M
Q4 25
$44.6M
$7.9M
Q3 25
$48.9M
$4.9M
Q2 25
$39.5M
$7.6M
Q1 25
$36.9M
$1.3M
Q4 24
$40.1M
$4.1M
Q3 24
$40.4M
$4.5M
Q2 24
$29.7M
$4.4M
Total Debt
AXR
AXR
BENF
BENF
Q1 26
$21.0K
Q4 25
$23.0K
Q3 25
$25.0K
Q2 25
$26.0K
Q1 25
$29.0K
Q4 24
$32.0K
Q3 24
$34.0K
Q2 24
$35.0K
Stockholders' Equity
AXR
AXR
BENF
BENF
Q1 26
$139.4M
Q4 25
$136.0M
$-128.6M
Q3 25
$134.7M
$-142.8M
Q2 25
$130.0M
$-120.4M
Q1 25
$126.0M
$-34.9M
Q4 24
$125.1M
$14.3M
Q3 24
$122.2M
$-13.2M
Q2 24
$118.0M
$-148.3M
Total Assets
AXR
AXR
BENF
BENF
Q1 26
$143.9M
Q4 25
$140.1M
$337.9M
Q3 25
$140.7M
$316.2M
Q2 25
$133.8M
$334.5M
Q1 25
$128.9M
$354.9M
Q4 24
$129.1M
$400.0M
Q3 24
$127.0M
$368.8M
Q2 24
$122.8M
$361.3M
Debt / Equity
AXR
AXR
BENF
BENF
Q1 26
0.00×
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
AXR
AXR
BENF
BENF
Operating Cash FlowLast quarter
$5.4M
$-9.4M
Free Cash FlowOCF − Capex
$5.4M
FCF MarginFCF / Revenue
37.0%
Capex IntensityCapex / Revenue
0.1%
0.0%
Cash ConversionOCF / Net Profit
1.72×
-0.47×
TTM Free Cash FlowTrailing 4 quarters
$20.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXR
AXR
BENF
BENF
Q1 26
$5.4M
Q4 25
$-4.3M
$-9.4M
Q3 25
$9.5M
$-14.5M
Q2 25
$10.2M
$-10.8M
Q1 25
$-3.2M
$-37.7M
Q4 24
$-182.0K
$-10.0M
Q3 24
$10.7M
$-8.6M
Q2 24
$10.7M
$-10.6M
Free Cash Flow
AXR
AXR
BENF
BENF
Q1 26
$5.4M
Q4 25
$-4.3M
Q3 25
$9.5M
Q2 25
$9.7M
$-10.9M
Q1 25
$-3.3M
$-38.8M
Q4 24
$-268.0K
$-10.0M
Q3 24
$10.7M
$-8.9M
Q2 24
$10.3M
$-11.3M
FCF Margin
AXR
AXR
BENF
BENF
Q1 26
37.0%
Q4 25
-45.9%
Q3 25
53.2%
Q2 25
86.4%
86.6%
Q1 25
-43.4%
125.3%
Q4 24
-2.3%
-227.2%
Q3 24
55.8%
-103.7%
Q2 24
52.5%
-112.6%
Capex Intensity
AXR
AXR
BENF
BENF
Q1 26
0.1%
Q4 25
0.6%
0.0%
Q3 25
0.1%
0.0%
Q2 25
5.2%
-0.8%
Q1 25
0.3%
-3.5%
Q4 24
0.7%
1.0%
Q3 24
0.2%
3.1%
Q2 24
2.3%
6.6%
Cash Conversion
AXR
AXR
BENF
BENF
Q1 26
1.72×
Q4 25
-3.54×
-0.47×
Q3 25
2.03×
Q2 25
2.63×
Q1 25
-4.51×
Q4 24
-0.05×
Q3 24
2.63×
-0.88×
Q2 24
2.59×
-0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXR
AXR

Segment breakdown not available.

BENF
BENF

Ben Liquidity$8.2M44%
Other$7.6M41%
Ben Custody$2.9M16%

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