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Side-by-side financial comparison of BGSF, INC. (BGSF) and Clipper Realty Inc. (CLPR). Click either name above to swap in a different company.

Clipper Realty Inc. is the larger business by last-quarter revenue ($37.1M vs $22.0M, roughly 1.7× BGSF, INC.). BGSF, INC. runs the higher net margin — -5.3% vs -30.4%, a 25.1% gap on every dollar of revenue. On growth, Clipper Realty Inc. posted the faster year-over-year revenue change (-2.6% vs -9.4%). Over the past eight quarters, Clipper Realty Inc.'s revenue compounded faster (1.8% CAGR vs -5.3%).

BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.

Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007, in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violati...

BGSF vs CLPR — Head-to-Head

Bigger by revenue
CLPR
CLPR
1.7× larger
CLPR
$37.1M
$22.0M
BGSF
Growing faster (revenue YoY)
CLPR
CLPR
+6.8% gap
CLPR
-2.6%
-9.4%
BGSF
Higher net margin
BGSF
BGSF
25.1% more per $
BGSF
-5.3%
-30.4%
CLPR
Faster 2-yr revenue CAGR
CLPR
CLPR
Annualised
CLPR
1.8%
-5.3%
BGSF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGSF
BGSF
CLPR
CLPR
Revenue
$22.0M
$37.1M
Net Profit
$-1.2M
$-11.3M
Gross Margin
35.0%
-5.2%
Operating Margin
-17.6%
21.8%
Net Margin
-5.3%
-30.4%
Revenue YoY
-9.4%
-2.6%
Net Profit YoY
-18.2%
-938.6%
EPS (diluted)
$-0.12

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
BGSF
BGSF
CLPR
CLPR
Q4 25
$22.0M
$37.1M
Q3 25
$26.9M
$37.7M
Q2 25
$23.5M
$39.0M
Q1 25
$20.9M
$39.4M
Q4 24
$24.3M
$38.0M
Q3 24
$29.8M
$37.6M
Q2 24
$25.7M
$37.3M
Q1 24
$24.5M
$35.8M
Net Profit
BGSF
BGSF
CLPR
CLPR
Q4 25
$-1.2M
$-11.3M
Q3 25
$-5.8M
$-4.6M
Q2 25
$-3.7M
$-1.4M
Q1 25
$-722.0K
$-35.1M
Q4 24
$-981.0K
$-1.1M
Q3 24
$-804.0K
$-1.1M
Q2 24
$-761.0K
$-1.7M
Q1 24
$-792.0K
$-2.7M
Gross Margin
BGSF
BGSF
CLPR
CLPR
Q4 25
35.0%
-5.2%
Q3 25
35.9%
23.6%
Q2 25
35.8%
27.8%
Q1 25
36.2%
-34.5%
Q4 24
35.9%
28.8%
Q3 24
35.9%
28.6%
Q2 24
37.3%
26.8%
Q1 24
38.1%
25.4%
Operating Margin
BGSF
BGSF
CLPR
CLPR
Q4 25
-17.6%
21.8%
Q3 25
-3.5%
23.6%
Q2 25
-18.8%
27.7%
Q1 25
1.6%
-59.9%
Q4 24
-15.7%
28.1%
Q3 24
-3.4%
28.6%
Q2 24
-5.7%
26.8%
Q1 24
1.7%
25.4%
Net Margin
BGSF
BGSF
CLPR
CLPR
Q4 25
-5.3%
-30.4%
Q3 25
-21.6%
-12.2%
Q2 25
-15.9%
-3.5%
Q1 25
-3.5%
-89.1%
Q4 24
-4.0%
-2.9%
Q3 24
-2.7%
-2.9%
Q2 24
-3.0%
-4.7%
Q1 24
-3.2%
-7.5%
EPS (diluted)
BGSF
BGSF
CLPR
CLPR
Q4 25
$-0.12
Q3 25
$-0.52
Q2 25
$-0.34
Q1 25
$-0.06
Q4 24
Q3 24
$-0.07
Q2 24
$-0.07
Q1 24

Balance Sheet & Financial Strength

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

Metric
BGSF
BGSF
CLPR
CLPR
Cash + ST InvestmentsLiquidity on hand
$30.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$48.1M
$-30.7M
Total Assets
$57.8M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
CLPR
CLPR
Q4 25
$30.8M
Q3 25
$41.2M
$26.1M
Q2 25
$2.8M
$32.0M
Q1 25
$2.0M
$21.3M
Q4 24
$32.0K
$19.9M
Q3 24
$262
$18.6M
Q2 24
$226
$20.3M
Q1 24
$50
$21.9M
Total Debt
BGSF
BGSF
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
BGSF
BGSF
CLPR
CLPR
Q4 25
$48.1M
$-30.7M
Q3 25
$50.7M
$-25.0M
Q2 25
$78.3M
$-21.9M
Q1 25
$81.8M
$-20.1M
Q4 24
$82.3M
$-5.4M
Q3 24
$82.9M
$-3.6M
Q2 24
$83.2M
$-1.8M
Q1 24
$83.6M
$279.0K
Total Assets
BGSF
BGSF
CLPR
CLPR
Q4 25
$57.8M
$1.2B
Q3 25
$83.6M
$1.2B
Q2 25
$149.7M
$1.2B
Q1 25
$152.3M
$1.3B
Q4 24
$150.1M
$1.3B
Q3 24
$157.3K
$1.3B
Q2 24
$159.8K
$1.3B
Q1 24
$170.6K
$1.3B
Debt / Equity
BGSF
BGSF
CLPR
CLPR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
4396.73×

Cash Flow & Capital Efficiency

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

Metric
BGSF
BGSF
CLPR
CLPR
Operating Cash FlowLast quarter
$1.7M
$22.6M
Free Cash FlowOCF − Capex
$1.7M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-16.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
CLPR
CLPR
Q4 25
$1.7M
$22.6M
Q3 25
$-4.8M
$1.4M
Q2 25
$2.2M
$8.4M
Q1 25
$1.1M
$6.7M
Q4 24
$3.2M
$31.9M
Q3 24
$6.5M
$6.3M
Q2 24
$7.3M
$8.8M
Q1 24
$7.4M
$6.3M
Free Cash Flow
BGSF
BGSF
CLPR
CLPR
Q4 25
$1.7M
Q3 25
$-4.9M
Q2 25
$2.1M
Q1 25
$1.0M
$-4.6M
Q4 24
$2.5M
$-37.9M
Q3 24
$6.5M
Q2 24
$7.3M
Q1 24
$6.9M
$-14.7M
FCF Margin
BGSF
BGSF
CLPR
CLPR
Q4 25
7.6%
Q3 25
-18.1%
Q2 25
9.1%
Q1 25
5.0%
-11.7%
Q4 24
10.2%
-99.5%
Q3 24
21.7%
Q2 24
28.5%
Q1 24
28.1%
-41.1%
Capex Intensity
BGSF
BGSF
CLPR
CLPR
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.0%
Q1 25
0.1%
28.6%
Q4 24
3.0%
183.3%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
2.0%
58.6%

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

CLPR
CLPR

Residential Segment$30.8M83%
Commercial Real Estate$6.2M17%

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