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Side-by-side financial comparison of BrightSpire Capital, Inc. (BRSP) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

BrightSpire Capital, Inc. is the larger business by last-quarter revenue ($83.2M vs $70.6M, roughly 1.2× Viridian Therapeutics, Inc.\DE). BrightSpire Capital, Inc. runs the higher net margin — -17.3% vs -49.0%, a 31.8% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs -0.4%). BrightSpire Capital, Inc. produced more free cash flow last quarter ($55.1M vs $-84.7M).

Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

BRSP vs VRDN — Head-to-Head

Bigger by revenue
BRSP
BRSP
1.2× larger
BRSP
$83.2M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81958.5% gap
VRDN
81958.1%
-0.4%
BRSP
Higher net margin
BRSP
BRSP
31.8% more per $
BRSP
-17.3%
-49.0%
VRDN
More free cash flow
BRSP
BRSP
$139.8M more FCF
BRSP
$55.1M
$-84.7M
VRDN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BRSP
BRSP
VRDN
VRDN
Revenue
$83.2M
$70.6M
Net Profit
$-14.4M
$-34.6M
Gross Margin
Operating Margin
-56.7%
Net Margin
-17.3%
-49.0%
Revenue YoY
-0.4%
81958.1%
Net Profit YoY
27.3%
54.9%
EPS (diluted)
$-0.11

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
BRSP
BRSP
VRDN
VRDN
Q4 25
$83.2M
Q3 25
$83.9M
$70.6M
Q2 25
$85.9M
Q1 25
$77.6M
Q4 24
$83.5M
Q3 24
$88.2M
Q2 24
$91.4M
Q1 24
$95.8M
Net Profit
BRSP
BRSP
VRDN
VRDN
Q4 25
$-14.4M
Q3 25
$984.0K
$-34.6M
Q2 25
$-23.1M
Q1 25
$5.3M
Q4 24
$-19.7M
Q3 24
$12.7M
Q2 24
$-67.9M
Q1 24
$-57.1M
Operating Margin
BRSP
BRSP
VRDN
VRDN
Q4 25
Q3 25
-1.7%
-56.7%
Q2 25
-54.5%
Q1 25
5.1%
Q4 24
-24.9%
Q3 24
13.2%
Q2 24
-74.9%
Q1 24
-59.4%
Net Margin
BRSP
BRSP
VRDN
VRDN
Q4 25
-17.3%
Q3 25
1.2%
-49.0%
Q2 25
-26.9%
Q1 25
6.9%
Q4 24
-23.7%
Q3 24
14.4%
Q2 24
-74.2%
Q1 24
-59.6%
EPS (diluted)
BRSP
BRSP
VRDN
VRDN
Q4 25
$-0.11
Q3 25
$0.00
Q2 25
$-0.19
Q1 25
$0.04
Q4 24
$-0.16
Q3 24
$0.09
Q2 24
$-0.53
Q1 24
$-0.45

Balance Sheet & Financial Strength

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

Metric
BRSP
BRSP
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$66.8M
$490.9M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$938.4M
$503.0M
Total Assets
$3.6B
$577.1M
Debt / EquityLower = less leverage
2.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSP
BRSP
VRDN
VRDN
Q4 25
$66.8M
Q3 25
$113.4M
$490.9M
Q2 25
$154.3M
Q1 25
$200.9M
Q4 24
$302.2M
Q3 24
$263.8M
Q2 24
$203.3M
Q1 24
$221.5M
Total Debt
BRSP
BRSP
VRDN
VRDN
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.5B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.6B
Stockholders' Equity
BRSP
BRSP
VRDN
VRDN
Q4 25
$938.4M
Q3 25
$976.4M
$503.0M
Q2 25
$994.4M
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.2B
Total Assets
BRSP
BRSP
VRDN
VRDN
Q4 25
$3.6B
Q3 25
$3.3B
$577.1M
Q2 25
$3.4B
Q1 25
$3.6B
Q4 24
$3.7B
Q3 24
$3.8B
Q2 24
$3.8B
Q1 24
$3.9B
Debt / Equity
BRSP
BRSP
VRDN
VRDN
Q4 25
2.63×
Q3 25
2.22×
Q2 25
2.27×
Q1 25
2.27×
Q4 24
2.38×
Q3 24
2.36×
Q2 24
2.28×
Q1 24
2.17×

Cash Flow & Capital Efficiency

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

Metric
BRSP
BRSP
VRDN
VRDN
Operating Cash FlowLast quarter
$73.0M
$-84.6M
Free Cash FlowOCF − Capex
$55.1M
$-84.7M
FCF MarginFCF / Revenue
66.2%
-120.1%
Capex IntensityCapex / Revenue
21.6%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$102.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRSP
BRSP
VRDN
VRDN
Q4 25
$73.0M
Q3 25
$29.9M
$-84.6M
Q2 25
$17.4M
Q1 25
$10.5M
Q4 24
$103.4M
Q3 24
$31.3M
Q2 24
$22.9M
Q1 24
$24.6M
Free Cash Flow
BRSP
BRSP
VRDN
VRDN
Q4 25
$55.1M
Q3 25
$27.4M
$-84.7M
Q2 25
$11.6M
Q1 25
$8.0M
Q4 24
$97.3M
Q3 24
$28.3M
Q2 24
$22.7M
Q1 24
$22.2M
FCF Margin
BRSP
BRSP
VRDN
VRDN
Q4 25
66.2%
Q3 25
32.7%
-120.1%
Q2 25
13.4%
Q1 25
10.3%
Q4 24
116.6%
Q3 24
32.1%
Q2 24
24.9%
Q1 24
23.2%
Capex Intensity
BRSP
BRSP
VRDN
VRDN
Q4 25
21.6%
Q3 25
2.9%
0.2%
Q2 25
6.8%
Q1 25
3.2%
Q4 24
7.3%
Q3 24
3.4%
Q2 24
0.1%
Q1 24
2.5%
Cash Conversion
BRSP
BRSP
VRDN
VRDN
Q4 25
Q3 25
30.36×
Q2 25
Q1 25
1.97×
Q4 24
Q3 24
2.46×
Q2 24
Q1 24

Financial Flow Comparison

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

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