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Side-by-side financial comparison of BGSF, INC. (BGSF) and GLADSTONE COMMERCIAL CORP (GOOD). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($41.9M vs $22.0M, roughly 1.9× BGSF, INC.). GLADSTONE COMMERCIAL CORP runs the higher net margin — 16.6% vs -5.3%, a 21.9% gap on every dollar of revenue. On growth, GLADSTONE COMMERCIAL CORP posted the faster year-over-year revenue change (-3.6% vs -9.4%). Over the past eight quarters, GLADSTONE COMMERCIAL CORP's revenue compounded faster (6.3% 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.
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
BGSF vs GOOD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $41.9M |
| Net Profit | $-1.2M | $7.0M |
| Gross Margin | 35.0% | — |
| Operating Margin | -17.6% | 160.2% |
| Net Margin | -5.3% | 16.6% |
| Revenue YoY | -9.4% | -3.6% |
| Net Profit YoY | -18.2% | 29.5% |
| 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.
| Q1 26 | — | $41.9M | ||
| Q4 25 | $22.0M | $43.5M | ||
| Q3 25 | $26.9M | $40.8M | ||
| Q2 25 | $23.5M | $39.5M | ||
| Q1 25 | $20.9M | $37.5M | ||
| Q4 24 | $24.3M | $37.4M | ||
| Q3 24 | $29.8M | $39.2M | ||
| Q2 24 | $25.7M | $37.1M |
| Q1 26 | — | $7.0M | ||
| Q4 25 | $-1.2M | $5.4M | ||
| Q3 25 | $-5.8M | $4.1M | ||
| Q2 25 | $-3.7M | $4.6M | ||
| Q1 25 | $-722.0K | $5.1M | ||
| Q4 24 | $-981.0K | $7.2M | ||
| Q3 24 | $-804.0K | $11.7M | ||
| Q2 24 | $-761.0K | $1.6M |
| Q1 26 | — | — | ||
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.2% | — | ||
| Q4 24 | 35.9% | — | ||
| Q3 24 | 35.9% | — | ||
| Q2 24 | 37.3% | — |
| Q1 26 | — | 160.2% | ||
| Q4 25 | -17.6% | — | ||
| Q3 25 | -3.5% | — | ||
| Q2 25 | -18.8% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | -15.7% | — | ||
| Q3 24 | -3.4% | — | ||
| Q2 24 | -5.7% | — |
| Q1 26 | — | 16.6% | ||
| Q4 25 | -5.3% | 12.4% | ||
| Q3 25 | -21.6% | 10.1% | ||
| Q2 25 | -15.9% | 11.7% | ||
| Q1 25 | -3.5% | 13.7% | ||
| Q4 24 | -4.0% | 19.2% | ||
| Q3 24 | -2.7% | 29.8% | ||
| Q2 24 | -3.0% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.12 | $0.05 | ||
| Q3 25 | $-0.52 | $0.02 | ||
| Q2 25 | $-0.34 | $0.03 | ||
| Q1 25 | $-0.06 | $0.04 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | $-0.07 | $0.20 | ||
| Q2 24 | $-0.07 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $48.1M | — |
| Total Assets | $57.8M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $10.8M | ||
| Q3 25 | $41.2M | $18.4M | ||
| Q2 25 | $2.8M | $11.7M | ||
| Q1 25 | $2.0M | $10.4M | ||
| Q4 24 | $32.0K | $11.0M | ||
| Q3 24 | $262 | $10.5M | ||
| Q2 24 | $226 | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $843.5M | ||
| Q3 25 | — | $843.3M | ||
| Q2 25 | — | $794.4M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $693.4M | ||
| Q3 24 | — | $692.6M | ||
| Q2 24 | — | $722.5M |
| Q1 26 | — | — | ||
| Q4 25 | $48.1M | $171.8M | ||
| Q3 25 | $50.7M | $184.8M | ||
| Q2 25 | $78.3M | $177.2M | ||
| Q1 25 | $81.8M | $183.2M | ||
| Q4 24 | $82.3M | $171.2M | ||
| Q3 24 | $82.9M | $168.9M | ||
| Q2 24 | $83.2M | $145.7M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $57.8M | $1.2B | ||
| Q3 25 | $83.6M | $1.3B | ||
| Q2 25 | $149.7M | $1.2B | ||
| Q1 25 | $152.3M | $1.2B | ||
| Q4 24 | $150.1M | $1.1B | ||
| Q3 24 | $157.3K | $1.1B | ||
| Q2 24 | $159.8K | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.91× | ||
| Q3 25 | — | 4.56× | ||
| Q2 25 | — | 4.48× | ||
| Q1 25 | — | 4.04× | ||
| Q4 24 | — | 4.05× | ||
| Q3 24 | — | 4.10× | ||
| Q2 24 | — | 4.96× |
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 | $1.7M | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $1.7M | $88.2M | ||
| Q3 25 | $-4.8M | $18.9M | ||
| Q2 25 | $2.2M | $35.8M | ||
| Q1 25 | $1.1M | $17.7M | ||
| Q4 24 | $3.2M | $57.0M | ||
| Q3 24 | $6.5M | $5.5M | ||
| Q2 24 | $7.3M | $13.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.9M | — | ||
| Q2 25 | $2.1M | — | ||
| Q1 25 | $1.0M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $7.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | -18.1% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | 21.7% | — | ||
| Q2 24 | 28.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.38× | ||
| Q3 25 | — | 4.57× | ||
| Q2 25 | — | 7.74× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 7.93× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 8.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
GOOD
Segment breakdown not available.
