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Side-by-side financial comparison of Broadstone Net Lease, Inc. (BNL) and Sprout Social, Inc. (SPT). 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 $120.9M, roughly 1.0× Sprout Social, Inc.). On growth, Sprout Social, Inc. posted the faster year-over-year revenue change (12.9% vs 11.7%). Over the past eight quarters, Sprout Social, Inc.'s revenue compounded faster (11.8% CAGR vs 7.1%).
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.
Sprout Social, Inc. is a technology company that runs a social media management platform. A public company headquartered in Chicago, it was founded in 2010 by Justyn Howard, Aaron Rankin, Gil Lara, and Peter Soung.
BNL vs SPT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $121.4M | $120.9M |
| Net Profit | $46.4M | — |
| Gross Margin | — | 77.6% |
| Operating Margin | 52.2% | -9.0% |
| Net Margin | 38.2% | — |
| Revenue YoY | 11.7% | 12.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.24 | $-0.18 |
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 | $120.9M | ||
| Q3 25 | $114.2M | $115.6M | ||
| Q2 25 | $113.0M | $111.8M | ||
| Q1 25 | $108.7M | $109.3M | ||
| Q4 24 | $112.1M | $107.1M | ||
| Q3 24 | $108.4M | $102.6M | ||
| Q2 24 | $105.9M | $99.4M |
| Q1 26 | $46.4M | — | ||
| Q4 25 | $33.1M | — | ||
| Q3 25 | $26.5M | $-9.4M | ||
| Q2 25 | $20.2M | $-12.0M | ||
| Q1 25 | $16.7M | $-11.2M | ||
| Q4 24 | $26.4M | — | ||
| Q3 24 | $35.6M | $-17.1M | ||
| Q2 24 | $35.3M | $-16.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 77.6% | ||
| Q3 25 | — | 77.7% | ||
| Q2 25 | — | 77.7% | ||
| Q1 25 | — | 77.3% | ||
| Q4 24 | — | 78.1% | ||
| Q3 24 | — | 77.4% | ||
| Q2 24 | — | 77.5% |
| Q1 26 | 52.2% | — | ||
| Q4 25 | — | -9.0% | ||
| Q3 25 | — | -7.9% | ||
| Q2 25 | — | -11.0% | ||
| Q1 25 | — | -10.2% | ||
| Q4 24 | — | -12.8% | ||
| Q3 24 | — | -16.4% | ||
| Q2 24 | — | -16.6% |
| Q1 26 | 38.2% | — | ||
| Q4 25 | 28.0% | — | ||
| Q3 25 | 23.2% | -8.1% | ||
| Q2 25 | 17.8% | -10.7% | ||
| Q1 25 | 15.4% | -10.3% | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 32.8% | -16.6% | ||
| Q2 24 | 33.4% | -17.0% |
| Q1 26 | $0.24 | — | ||
| Q4 25 | $0.17 | $-0.18 | ||
| Q3 25 | $0.14 | $-0.16 | ||
| Q2 25 | $0.10 | $-0.21 | ||
| Q1 25 | $0.09 | $-0.19 | ||
| Q4 24 | $0.13 | $-0.25 | ||
| Q3 24 | $0.19 | $-0.30 | ||
| Q2 24 | $0.19 | $-0.30 |
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 | $95.3M |
| Total DebtLower is stronger | — | $40.0M |
| Stockholders' EquityBook value | $3.0B | $203.4M |
| Total Assets | $5.8B | $523.1M |
| Debt / EquityLower = less leverage | — | 0.20× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $20.3M | — | ||
| Q4 25 | $30.5M | $95.3M | ||
| Q3 25 | $82.0M | $90.6M | ||
| Q2 25 | $20.8M | $101.5M | ||
| Q1 25 | $9.6M | $100.9M | ||
| Q4 24 | $14.8M | $86.4M | ||
| Q3 24 | $9.0M | $82.9M | ||
| Q2 24 | $18.3M | $80.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $40.0M | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $1.9B | $25.0M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $203.4M | ||
| Q3 25 | $2.9B | $194.1M | ||
| Q2 25 | $2.9B | $184.6M | ||
| Q1 25 | $2.9B | $175.3M | ||
| Q4 24 | $3.0B | $166.6M | ||
| Q3 24 | $3.0B | $158.1M | ||
| Q2 24 | $3.1B | $152.1M |
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.7B | $523.1M | ||
| Q3 25 | $5.5B | $481.4M | ||
| Q2 25 | $5.3B | $422.9M | ||
| Q1 25 | $5.2B | $424.7M | ||
| Q4 24 | $5.2B | $428.3M | ||
| Q3 24 | $5.3B | $388.8M | ||
| Q2 24 | $5.3B | $393.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | 0.20× | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.68× | — | ||
| Q4 24 | 0.64× | 0.15× | ||
| 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 | — | $10.9M |
| Free Cash FlowOCF − Capex | — | $9.9M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $39.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $299.5M | $10.9M | ||
| Q3 25 | $64.2M | $9.3M | ||
| Q2 25 | $79.3M | $5.1M | ||
| Q1 25 | $71.5M | $18.1M | ||
| Q4 24 | $276.3M | $4.1M | ||
| Q3 24 | $67.3M | $9.0M | ||
| Q2 24 | $74.2M | $2.1M |
| Q1 26 | — | — | ||
| Q4 25 | $269.8M | $9.9M | ||
| Q3 25 | $58.0M | $8.5M | ||
| Q2 25 | $76.7M | $4.2M | ||
| Q1 25 | $57.1M | $16.7M | ||
| Q4 24 | $259.5M | $3.3M | ||
| Q3 24 | $60.3M | $8.5M | ||
| Q2 24 | $74.0M | $1.6M |
| Q1 26 | — | — | ||
| Q4 25 | 228.1% | 8.2% | ||
| Q3 25 | 50.8% | 7.4% | ||
| Q2 25 | 67.9% | 3.7% | ||
| Q1 25 | 52.5% | 15.3% | ||
| Q4 24 | 231.4% | 3.0% | ||
| Q3 24 | 55.6% | 8.3% | ||
| Q2 24 | 69.9% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 25.1% | 0.9% | ||
| Q3 25 | 5.4% | 0.7% | ||
| Q2 25 | 2.3% | 0.8% | ||
| Q1 25 | 13.2% | 1.2% | ||
| Q4 24 | 15.0% | 0.8% | ||
| Q3 24 | 6.5% | 0.5% | ||
| Q2 24 | 0.2% | 0.5% |
| 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.