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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $75.1M, roughly 1.4× SAUL CENTERS, INC.). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 8.7%, a 1.6% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 10.6%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
BFS vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $103.6M |
| Net Profit | $6.5M | $10.6M |
| Gross Margin | — | 78.2% |
| Operating Margin | 65.4% | 18.1% |
| Net Margin | 8.7% | 10.3% |
| Revenue YoY | 10.6% | 21.0% |
| Net Profit YoY | -19.6% | 9.4% |
| EPS (diluted) | $0.15 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $72.0M | $85.8M | ||
| Q2 25 | $70.8M | $78.9M | ||
| Q1 25 | $71.9M | $61.3M | ||
| Q4 24 | $67.9M | $85.6M | ||
| Q3 24 | $67.3M | $73.1M | ||
| Q2 24 | $66.9M | $73.2M | ||
| Q1 24 | $66.7M | $61.1M |
| Q4 25 | $6.5M | $10.6M | ||
| Q3 25 | $10.5M | $8.2M | ||
| Q2 25 | $10.7M | $3.2M | ||
| Q1 25 | $9.8M | $-3.0M | ||
| Q4 24 | $8.1M | $9.7M | ||
| Q3 24 | $14.5M | $5.2M | ||
| Q2 24 | $14.4M | $4.3M | ||
| Q1 24 | $13.6M | $-2.2M |
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 75.8% | ||
| Q2 25 | — | 74.5% | ||
| Q1 25 | — | 74.0% | ||
| Q4 24 | — | 75.2% | ||
| Q3 24 | 73.6% | 75.0% | ||
| Q2 24 | 74.2% | 73.9% | ||
| Q1 24 | 72.8% | 71.1% |
| Q4 25 | 65.4% | 18.1% | ||
| Q3 25 | 69.1% | 12.8% | ||
| Q2 25 | 68.7% | 5.2% | ||
| Q1 25 | 66.5% | -7.4% | ||
| Q4 24 | 82.9% | 14.6% | ||
| Q3 24 | 72.8% | 9.3% | ||
| Q2 24 | 75.0% | 8.0% | ||
| Q1 24 | 72.4% | -4.9% |
| Q4 25 | 8.7% | 10.3% | ||
| Q3 25 | 14.6% | 9.6% | ||
| Q2 25 | 15.1% | 4.1% | ||
| Q1 25 | 13.6% | -4.9% | ||
| Q4 24 | 11.9% | 11.4% | ||
| Q3 24 | 21.5% | 7.1% | ||
| Q2 24 | 21.6% | 5.9% | ||
| Q1 24 | 20.4% | -3.6% |
| Q4 25 | $0.15 | $0.45 | ||
| Q3 25 | $0.32 | $0.36 | ||
| Q2 25 | $0.33 | $0.14 | ||
| Q1 25 | $0.29 | $-0.13 | ||
| Q4 24 | $0.22 | $0.40 | ||
| Q3 24 | $0.48 | $0.21 | ||
| Q2 24 | $0.48 | $0.18 | ||
| Q1 24 | $0.45 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | $468.4M | $0 |
| Stockholders' EquityBook value | $307.8M | $218.9M |
| Total Assets | $2.2B | $273.9M |
| Debt / EquityLower = less leverage | 1.52× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $83.4M | ||
| Q3 25 | $11.8M | $66.0M | ||
| Q2 25 | $5.3M | $81.5M | ||
| Q1 25 | $6.5M | $83.6M | ||
| Q4 24 | $10.3M | $94.4M | ||
| Q3 24 | $7.2M | $82.1M | ||
| Q2 24 | $6.9M | $73.6M | ||
| Q1 24 | $7.1M | $60.7M |
| Q4 25 | $468.4M | $0 | ||
| Q3 25 | $1.6B | $0 | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $455.8M | — | ||
| Q3 24 | $1.5B | $27.0M | ||
| Q2 24 | $1.4B | $27.8M | ||
| Q1 24 | $1.4B | $28.5M |
| Q4 25 | $307.8M | $218.9M | ||
| Q3 25 | $316.6M | $204.9M | ||
| Q2 25 | $322.4M | $194.9M | ||
| Q1 25 | $328.4M | $205.6M | ||
| Q4 24 | $335.8M | $216.6M | ||
| Q3 24 | $341.8M | $207.9M | ||
| Q2 24 | $345.7M | $200.7M | ||
| Q1 24 | $347.1M | $193.5M |
| Q4 25 | $2.2B | $273.9M | ||
| Q3 25 | $2.2B | $259.2M | ||
| Q2 25 | $2.1B | $273.0M | ||
| Q1 25 | $2.1B | $280.2M | ||
| Q4 24 | $2.1B | $297.9M | ||
| Q3 24 | $2.1B | $287.7M | ||
| Q2 24 | $2.1B | $278.8M | ||
| Q1 24 | $2.0B | $272.0M |
| Q4 25 | 1.52× | 0.00× | ||
| Q3 25 | 5.02× | 0.00× | ||
| Q2 25 | 4.85× | — | ||
| Q1 25 | 4.70× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 4.37× | 0.13× | ||
| Q2 24 | 4.17× | 0.14× | ||
| Q1 24 | 4.06× | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | — | $16.8M |
| FCF MarginFCF / Revenue | — | 16.2% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 15.35× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $17.3M | ||
| Q3 25 | $20.6M | $10.3M | ||
| Q2 25 | $26.6M | $14.8M | ||
| Q1 25 | $30.4M | $417.0K | ||
| Q4 24 | $121.2M | $16.3M | ||
| Q3 24 | $26.5M | $10.3M | ||
| Q2 24 | $32.1M | $13.1M | ||
| Q1 24 | $33.8M | $924.0K |
| Q4 25 | — | $16.8M | ||
| Q3 25 | — | $9.2M | ||
| Q2 25 | — | $14.4M | ||
| Q1 25 | — | $38.0K | ||
| Q4 24 | — | $15.9M | ||
| Q3 24 | $-28.3M | $9.3M | ||
| Q2 24 | $-12.5M | $12.6M | ||
| Q1 24 | $-11.7M | $442.0K |
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 18.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 18.5% | ||
| Q3 24 | -42.1% | 12.7% | ||
| Q2 24 | -18.7% | 17.3% | ||
| Q1 24 | -17.6% | 0.7% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 81.5% | 1.3% | ||
| Q2 24 | 66.7% | 0.7% | ||
| Q1 24 | 68.3% | 0.8% |
| Q4 25 | 15.35× | 1.63× | ||
| Q3 25 | 1.97× | 1.26× | ||
| Q2 25 | 2.48× | 4.59× | ||
| Q1 25 | 3.10× | — | ||
| Q4 24 | 14.98× | 1.68× | ||
| Q3 24 | 1.83× | 1.99× | ||
| Q2 24 | 2.22× | 3.06× | ||
| 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.
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
