vs
Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and Grindr Inc. (GRND). Click either name above to swap in a different company.
Grindr Inc. is the larger business by last-quarter revenue ($126.0M vs $75.1M, roughly 1.7× SAUL CENTERS, INC.). Grindr Inc. runs the higher net margin — 16.1% vs 8.7%, a 7.4% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 10.6%). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 6.2%).
Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.
Grindr is a location-based social networking and online hookup application for LGBTQ people.
BFS vs GRND — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $126.0M |
| Net Profit | $6.5M | $20.3M |
| Gross Margin | — | — |
| Operating Margin | 65.4% | 24.9% |
| Net Margin | 8.7% | 16.1% |
| Revenue YoY | 10.6% | 29.0% |
| Net Profit YoY | -19.6% | 116.4% |
| EPS (diluted) | $0.15 | $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.
| Q4 25 | $75.1M | $126.0M | ||
| Q3 25 | $72.0M | $115.8M | ||
| Q2 25 | $70.8M | $104.2M | ||
| Q1 25 | $71.9M | $93.9M | ||
| Q4 24 | $67.9M | $97.6M | ||
| Q3 24 | $67.3M | $89.3M | ||
| Q2 24 | $66.9M | $82.3M | ||
| Q1 24 | $66.7M | $75.3M |
| Q4 25 | $6.5M | $20.3M | ||
| Q3 25 | $10.5M | $30.8M | ||
| Q2 25 | $10.7M | $16.6M | ||
| Q1 25 | $9.8M | $27.0M | ||
| Q4 24 | $8.1M | $-123.9M | ||
| Q3 24 | $14.5M | $24.7M | ||
| Q2 24 | $14.4M | $-22.4M | ||
| Q1 24 | $13.6M | $-9.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 73.6% | — | ||
| Q2 24 | 74.2% | — | ||
| Q1 24 | 72.8% | — |
| Q4 25 | 65.4% | 24.9% | ||
| Q3 25 | 69.1% | 39.1% | ||
| Q2 25 | 68.7% | 23.4% | ||
| Q1 25 | 66.5% | 27.0% | ||
| Q4 24 | 82.9% | 20.9% | ||
| Q3 24 | 72.8% | 31.8% | ||
| Q2 24 | 75.0% | 29.8% | ||
| Q1 24 | 72.4% | 25.6% |
| Q4 25 | 8.7% | 16.1% | ||
| Q3 25 | 14.6% | 26.6% | ||
| Q2 25 | 15.1% | 16.0% | ||
| Q1 25 | 13.6% | 28.8% | ||
| Q4 24 | 11.9% | -126.9% | ||
| Q3 24 | 21.5% | 27.6% | ||
| Q2 24 | 21.6% | -27.2% | ||
| Q1 24 | 20.4% | -12.5% |
| Q4 25 | $0.15 | $0.10 | ||
| Q3 25 | $0.32 | $0.16 | ||
| Q2 25 | $0.33 | $0.08 | ||
| Q1 25 | $0.29 | $0.09 | ||
| Q4 24 | $0.22 | $-0.65 | ||
| Q3 24 | $0.48 | $0.09 | ||
| Q2 24 | $0.48 | $-0.13 | ||
| Q1 24 | $0.45 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.7M | $87.0M |
| Total DebtLower is stronger | $468.4M | $395.9M |
| Stockholders' EquityBook value | $307.8M | $47.0M |
| Total Assets | $2.2B | $531.0M |
| Debt / EquityLower = less leverage | 1.52× | 8.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $87.0M | ||
| Q3 25 | $11.8M | $6.3M | ||
| Q2 25 | $5.3M | $120.8M | ||
| Q1 25 | $6.5M | $255.9M | ||
| Q4 24 | $10.3M | $59.2M | ||
| Q3 24 | $7.2M | $39.1M | ||
| Q2 24 | $6.9M | $16.3M | ||
| Q1 24 | $7.1M | $21.5M |
| Q4 25 | $468.4M | $395.9M | ||
| Q3 25 | $1.6B | $279.9M | ||
| Q2 25 | $1.6B | $283.5M | ||
| Q1 25 | $1.5B | $287.0M | ||
| Q4 24 | $455.8M | $290.6M | ||
| Q3 24 | $1.5B | $294.1M | ||
| Q2 24 | $1.4B | $297.7M | ||
| Q1 24 | $1.4B | $315.0M |
| Q4 25 | $307.8M | $47.0M | ||
| Q3 25 | $316.6M | $71.0M | ||
| Q2 25 | $322.4M | $187.7M | ||
| Q1 25 | $328.4M | $319.8M | ||
| Q4 24 | $335.8M | $-131.6M | ||
| Q3 24 | $341.8M | $-13.4M | ||
| Q2 24 | $345.7M | $-41.7M | ||
| Q1 24 | $347.1M | $-22.0M |
| Q4 25 | $2.2B | $531.0M | ||
| Q3 25 | $2.2B | $439.2M | ||
| Q2 25 | $2.1B | $547.6M | ||
| Q1 25 | $2.1B | $679.4M | ||
| Q4 24 | $2.1B | $479.1M | ||
| Q3 24 | $2.1B | $456.3M | ||
| Q2 24 | $2.1B | $435.0M | ||
| Q1 24 | $2.0B | $437.7M |
| Q4 25 | 1.52× | 8.42× | ||
| Q3 25 | 5.02× | 3.94× | ||
| Q2 25 | 4.85× | 1.51× | ||
| Q1 25 | 4.70× | 0.90× | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 4.37× | — | ||
| Q2 24 | 4.17× | — | ||
| Q1 24 | 4.06× | — |
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 | $99.8M | $24.8M |
| Free Cash FlowOCF − Capex | — | $24.5M |
| FCF MarginFCF / Revenue | — | 19.5% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | 15.35× | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $140.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $24.8M | ||
| Q3 25 | $20.6M | $55.4M | ||
| Q2 25 | $26.6M | $37.5M | ||
| Q1 25 | $30.4M | $23.8M | ||
| Q4 24 | $121.2M | $29.5M | ||
| Q3 24 | $26.5M | $29.1M | ||
| Q2 24 | $32.1M | $15.8M | ||
| Q1 24 | $33.8M | $20.4M |
| Q4 25 | — | $24.5M | ||
| Q3 25 | — | $55.2M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $29.3M | ||
| Q3 24 | $-28.3M | $28.8M | ||
| Q2 24 | $-12.5M | $15.7M | ||
| Q1 24 | $-11.7M | $20.3M |
| Q4 25 | — | 19.5% | ||
| Q3 25 | — | 47.7% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | -42.1% | 32.2% | ||
| Q2 24 | -18.7% | 19.0% | ||
| Q1 24 | -17.6% | 26.9% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 81.5% | 0.4% | ||
| Q2 24 | 66.7% | 0.2% | ||
| Q1 24 | 68.3% | 0.3% |
| Q4 25 | 15.35× | 1.22× | ||
| Q3 25 | 1.97× | 1.80× | ||
| Q2 25 | 2.48× | 2.25× | ||
| Q1 25 | 3.10× | 0.88× | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | 1.18× | ||
| Q2 24 | 2.22× | — | ||
| Q1 24 | 2.48× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFS
Segment breakdown not available.
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
