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Side-by-side financial comparison of Claritev Corp (CTEV) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $143.3M, roughly 1.7× Piedmont Realty Trust, Inc.). Piedmont Realty Trust, Inc. runs the higher net margin — -31.4% vs -32.7%, a 1.3% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 0.4%). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs 0.0%).
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
CTEV vs PDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $143.3M |
| Net Profit | $-80.6M | $-45.0M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | — |
| Net Margin | -32.7% | -31.4% |
| Revenue YoY | 6.2% | 0.4% |
| Net Profit YoY | 41.6% | -27.9% |
| EPS (diluted) | $-4.88 | $-0.10 |
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 | — | $143.3M | ||
| Q4 25 | $246.6M | $142.9M | ||
| Q3 25 | $246.0M | $139.2M | ||
| Q2 25 | $241.6M | $140.3M | ||
| Q1 25 | $231.3M | $142.7M | ||
| Q4 24 | $232.1M | $143.2M | ||
| Q3 24 | $230.5M | $139.3M | ||
| Q2 24 | $233.5M | $143.3M |
| Q1 26 | — | $-45.0M | ||
| Q4 25 | $-80.6M | $-43.2M | ||
| Q3 25 | $-69.8M | $-13.5M | ||
| Q2 25 | $-62.6M | $-16.8M | ||
| Q1 25 | $-71.3M | $-10.1M | ||
| Q4 24 | $-138.0M | $-30.0M | ||
| Q3 24 | $-391.4M | $-11.5M | ||
| Q2 24 | $-576.7M | $-9.8M |
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -146.7% | — | ||
| Q2 24 | -224.4% | — |
| Q1 26 | — | -31.4% | ||
| Q4 25 | -32.7% | -30.3% | ||
| Q3 25 | -28.4% | -9.7% | ||
| Q2 25 | -25.9% | -12.0% | ||
| Q1 25 | -30.8% | -7.1% | ||
| Q4 24 | -59.4% | -20.9% | ||
| Q3 24 | -169.8% | -8.3% | ||
| Q2 24 | -247.0% | -6.8% |
| Q1 26 | — | $-0.10 | ||
| Q4 25 | $-4.88 | $-0.34 | ||
| Q3 25 | $-4.23 | $-0.11 | ||
| Q2 25 | $-3.81 | $-0.14 | ||
| Q1 25 | $-4.38 | $-0.08 | ||
| Q4 24 | $-8.49 | $-0.25 | ||
| Q3 24 | $-24.25 | $-0.09 | ||
| Q2 24 | $-35.78 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $2.3M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $1.5B |
| Total Assets | $4.9B | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.3M | ||
| Q4 25 | $16.8M | $731.0K | ||
| Q3 25 | $39.2M | $3.0M | ||
| Q2 25 | $56.4M | $3.3M | ||
| Q1 25 | $23.1M | $2.9M | ||
| Q4 24 | $16.8M | $109.6M | ||
| Q3 24 | $86.6M | $133.6M | ||
| Q2 24 | $48.8M | $138.5M |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $2.2B | ||
| Q3 25 | $4.5B | $2.2B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.5B | $2.2B | ||
| Q4 24 | $4.5B | $2.2B | ||
| Q3 24 | $4.5B | $2.2B | ||
| Q2 24 | $4.5B | $2.2B |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $-173.9M | $1.5B | ||
| Q3 25 | $-101.8M | $1.5B | ||
| Q2 25 | $-39.9M | $1.5B | ||
| Q1 25 | $14.8M | $1.6B | ||
| Q4 24 | $84.0M | $1.6B | ||
| Q3 24 | $207.6M | $1.6B | ||
| Q2 24 | $603.4M | $1.7B |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $4.9B | $4.0B | ||
| Q3 25 | $5.0B | $4.0B | ||
| Q2 25 | $5.1B | $4.0B | ||
| Q1 25 | $5.1B | $4.0B | ||
| Q4 24 | $5.2B | $4.1B | ||
| Q3 24 | $5.3B | $4.1B | ||
| Q2 24 | $5.7B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | 304.87× | 1.40× | ||
| Q4 24 | 53.67× | 1.40× | ||
| Q3 24 | 21.73× | 1.36× | ||
| Q2 24 | 7.48× | 1.34× |
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 | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | 110.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $140.6M | ||
| Q3 25 | $19.9M | $35.8M | ||
| Q2 25 | $61.2M | $50.1M | ||
| Q1 25 | $-30.1M | $3.7M | ||
| Q4 24 | $-33.4M | $198.1M | ||
| Q3 24 | $72.8M | $42.9M | ||
| Q2 24 | $18.5M | $66.8M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — |
| Q1 26 | — | 110.3% | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
