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Side-by-side financial comparison of Broadstone Net Lease, Inc. (BNL) and Inogen Inc (INGN). Click either name above to swap in a different company.
Broadstone Net Lease, Inc. is the larger business by last-quarter revenue ($121.4M vs $68.6M, roughly 1.8× Inogen Inc). On growth, Broadstone Net Lease, Inc. posted the faster year-over-year revenue change (11.7% vs 3.4%). Over the past eight quarters, Broadstone Net Lease, Inc.'s revenue compounded faster (7.1% CAGR vs 4.2%).
Broadstone Net Lease, Inc. is a real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of single-tenant commercial real estate assets across the United States. Its portfolio covers key segments including industrial facilities, healthcare properties, retail locations, and office spaces, all leased to tenants under long-term net lease agreements.
Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.
BNL vs INGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $121.4M | $68.6M |
| Net Profit | $46.4M | — |
| Gross Margin | — | 51.4% |
| Operating Margin | 52.2% | -13.6% |
| Net Margin | 38.2% | — |
| Revenue YoY | 11.7% | 3.4% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.24 | $-0.26 |
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 | $121.4M | — | ||
| Q4 25 | $118.3M | $68.6M | ||
| Q3 25 | $114.2M | $79.1M | ||
| Q2 25 | $113.0M | $79.2M | ||
| Q1 25 | $108.7M | $68.5M | ||
| Q4 24 | $112.1M | $66.3M | ||
| Q3 24 | $108.4M | $74.9M | ||
| Q2 24 | $105.9M | $74.4M |
| Q1 26 | $46.4M | — | ||
| Q4 25 | $33.1M | — | ||
| Q3 25 | $26.5M | $-5.3M | ||
| Q2 25 | $20.2M | $-4.2M | ||
| Q1 25 | $16.7M | $-6.2M | ||
| Q4 24 | $26.4M | — | ||
| Q3 24 | $35.6M | $-6.0M | ||
| Q2 24 | $35.3M | $-5.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 51.4% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 52.2% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | — | 55.2% | ||
| Q2 24 | — | 57.4% |
| Q1 26 | 52.2% | — | ||
| Q4 25 | — | -13.6% | ||
| Q3 25 | — | -9.0% | ||
| Q2 25 | — | -7.7% | ||
| Q1 25 | — | -11.2% | ||
| Q4 24 | — | -17.2% | ||
| Q3 24 | — | -10.4% | ||
| Q2 24 | — | -9.5% |
| Q1 26 | 38.2% | — | ||
| Q4 25 | 28.0% | — | ||
| Q3 25 | 23.2% | -6.7% | ||
| Q2 25 | 17.8% | -5.2% | ||
| Q1 25 | 15.4% | -9.0% | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 32.8% | -8.0% | ||
| Q2 24 | 33.4% | -7.5% |
| Q1 26 | $0.24 | — | ||
| Q4 25 | $0.17 | $-0.26 | ||
| Q3 25 | $0.14 | $-0.20 | ||
| Q2 25 | $0.10 | $-0.15 | ||
| Q1 25 | $0.09 | $-0.25 | ||
| Q4 24 | $0.13 | $-0.41 | ||
| Q3 24 | $0.19 | $-0.25 | ||
| Q2 24 | $0.19 | $-0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $20.3M | $103.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.0B | $192.2M |
| Total Assets | $5.8B | $298.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $20.3M | — | ||
| Q4 25 | $30.5M | $103.7M | ||
| Q3 25 | $82.0M | $106.5M | ||
| Q2 25 | $20.8M | $103.7M | ||
| Q1 25 | $9.6M | $118.9M | ||
| Q4 24 | $14.8M | $113.8M | ||
| Q3 24 | $9.0M | $105.7M | ||
| Q2 24 | $18.3M | $97.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $192.2M | ||
| Q3 25 | $2.9B | $197.2M | ||
| Q2 25 | $2.9B | $199.5M | ||
| Q1 25 | $2.9B | $198.0M | ||
| Q4 24 | $3.0B | $173.9M | ||
| Q3 24 | $3.0B | $185.4M | ||
| Q2 24 | $3.1B | $187.6M |
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.7B | $298.6M | ||
| Q3 25 | $5.5B | $307.0M | ||
| Q2 25 | $5.3B | $312.0M | ||
| Q1 25 | $5.2B | $308.4M | ||
| Q4 24 | $5.2B | $296.2M | ||
| Q3 24 | $5.3B | $306.2M | ||
| Q2 24 | $5.3B | $308.9M |
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.68× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 0.62× | — |
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 | — | $-943.0K |
| Free Cash FlowOCF − Capex | — | $-1.9M |
| FCF MarginFCF / Revenue | — | -2.8% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $299.5M | $-943.0K | ||
| Q3 25 | $64.2M | $2.2M | ||
| Q2 25 | $79.3M | $4.3M | ||
| Q1 25 | $71.5M | $-16.8M | ||
| Q4 24 | $276.3M | $-3.0M | ||
| Q3 24 | $67.3M | $7.0M | ||
| Q2 24 | $74.2M | $6.7M |
| Q1 26 | — | — | ||
| Q4 25 | $269.8M | $-1.9M | ||
| Q3 25 | $58.0M | $1.6M | ||
| Q2 25 | $76.7M | $3.7M | ||
| Q1 25 | $57.1M | $-17.1M | ||
| Q4 24 | $259.5M | $-3.3M | ||
| Q3 24 | $60.3M | $5.3M | ||
| Q2 24 | $74.0M | $6.6M |
| Q1 26 | — | — | ||
| Q4 25 | 228.1% | -2.8% | ||
| Q3 25 | 50.8% | 2.0% | ||
| Q2 25 | 67.9% | 4.6% | ||
| Q1 25 | 52.5% | -24.9% | ||
| Q4 24 | 231.4% | -5.0% | ||
| Q3 24 | 55.6% | 7.1% | ||
| Q2 24 | 69.9% | 8.9% |
| Q1 26 | — | — | ||
| Q4 25 | 25.1% | 1.4% | ||
| Q3 25 | 5.4% | 0.7% | ||
| Q2 25 | 2.3% | 0.9% | ||
| Q1 25 | 13.2% | 0.4% | ||
| Q4 24 | 15.0% | 0.5% | ||
| Q3 24 | 6.5% | 2.2% | ||
| Q2 24 | 0.2% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 9.04× | — | ||
| Q3 25 | 2.43× | — | ||
| Q2 25 | 3.93× | — | ||
| Q1 25 | 4.27× | — | ||
| Q4 24 | 10.47× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 2.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BNL
Segment breakdown not available.
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
