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Side-by-side financial comparison of COUSINS PROPERTIES INC (CUZ) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.

COUSINS PROPERTIES INC is the larger business by last-quarter revenue ($255.0M vs $252.6M, roughly 1.0× PicoCELA Inc.). COUSINS PROPERTIES INC runs the higher net margin — -1.4% vs -125.2%, a 123.8% gap on every dollar of revenue. COUSINS PROPERTIES INC produced more free cash flow last quarter ($135.0M vs $-256.6M).

Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable properties including CNN Center, Omni Coliseum, 191 Peachtree Tower, and Emory Point in Atlanta.

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

CUZ vs PCLA — Head-to-Head

Bigger by revenue
CUZ
CUZ
1.0× larger
CUZ
$255.0M
$252.6M
PCLA
Higher net margin
CUZ
CUZ
123.8% more per $
CUZ
-1.4%
-125.2%
PCLA
More free cash flow
CUZ
CUZ
$391.6M more FCF
CUZ
$135.0M
$-256.6M
PCLA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
CUZ
CUZ
PCLA
PCLA
Revenue
$255.0M
$252.6M
Net Profit
$-3.5M
$-316.2M
Gross Margin
67.4%
Operating Margin
67.5%
-114.8%
Net Margin
-1.4%
-125.2%
Revenue YoY
13.2%
Net Profit YoY
-125.4%
EPS (diluted)
$-0.02

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
CUZ
CUZ
PCLA
PCLA
Q4 25
$255.0M
Q3 25
$248.3M
Q2 25
$240.1M
Q1 25
$250.3M
$252.6M
Q4 24
$225.3M
Q3 24
$209.2M
Q2 24
$213.0M
Q1 24
$209.2M
Net Profit
CUZ
CUZ
PCLA
PCLA
Q4 25
$-3.5M
Q3 25
$8.6M
Q2 25
$14.5M
Q1 25
$20.9M
$-316.2M
Q4 24
$13.6M
Q3 24
$11.2M
Q2 24
$7.8M
Q1 24
$13.3M
Gross Margin
CUZ
CUZ
PCLA
PCLA
Q4 25
67.4%
Q3 25
67.8%
Q2 25
69.1%
Q1 25
69.2%
Q4 24
67.6%
Q3 24
68.5%
Q2 24
66.8%
Q1 24
66.0%
Operating Margin
CUZ
CUZ
PCLA
PCLA
Q4 25
67.5%
Q3 25
68.1%
Q2 25
69.4%
Q1 25
66.0%
-114.8%
Q4 24
65.8%
Q3 24
67.9%
Q2 24
66.4%
Q1 24
66.3%
Net Margin
CUZ
CUZ
PCLA
PCLA
Q4 25
-1.4%
Q3 25
3.5%
Q2 25
6.0%
Q1 25
8.3%
-125.2%
Q4 24
6.1%
Q3 24
5.4%
Q2 24
3.7%
Q1 24
6.4%
EPS (diluted)
CUZ
CUZ
PCLA
PCLA
Q4 25
$-0.02
Q3 25
$0.05
Q2 25
$0.09
Q1 25
$0.12
Q4 24
$0.09
Q3 24
$0.07
Q2 24
$0.05
Q1 24
$0.09

Balance Sheet & Financial Strength

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

Metric
CUZ
CUZ
PCLA
PCLA
Cash + ST InvestmentsLiquidity on hand
$5.7M
$456.8M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$4.7B
$354.8M
Total Assets
$8.9B
$1.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUZ
CUZ
PCLA
PCLA
Q4 25
$5.7M
Q3 25
$4.7M
Q2 25
$416.8M
Q1 25
$5.3M
$456.8M
Q4 24
$7.3M
Q3 24
$76.1M
Q2 24
$6.0M
Q1 24
$5.5M
Total Debt
CUZ
CUZ
PCLA
PCLA
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.5B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$2.7B
Q2 24
$2.6B
Q1 24
$2.6B
Stockholders' Equity
CUZ
CUZ
PCLA
PCLA
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$4.8B
Q1 25
$4.8B
$354.8M
Q4 24
$4.8B
Q3 24
$4.4B
Q2 24
$4.5B
Q1 24
$4.5B
Total Assets
CUZ
CUZ
PCLA
PCLA
Q4 25
$8.9B
Q3 25
$8.9B
Q2 25
$9.1B
Q1 25
$8.7B
$1.2B
Q4 24
$8.8B
Q3 24
$7.8B
Q2 24
$7.7B
Q1 24
$7.7B
Debt / Equity
CUZ
CUZ
PCLA
PCLA
Q4 25
0.71×
Q3 25
0.70×
Q2 25
0.73×
Q1 25
0.63×
Q4 24
0.64×
Q3 24
0.60×
Q2 24
0.58×
Q1 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CUZ
CUZ
PCLA
PCLA
Operating Cash FlowLast quarter
$402.3M
$-245.6M
Free Cash FlowOCF − Capex
$135.0M
$-256.6M
FCF MarginFCF / Revenue
53.0%
-101.6%
Capex IntensityCapex / Revenue
104.8%
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUZ
CUZ
PCLA
PCLA
Q4 25
$402.3M
Q3 25
$120.5M
Q2 25
$122.6M
Q1 25
$44.8M
$-245.6M
Q4 24
$400.2M
Q3 24
$117.4M
Q2 24
$125.5M
Q1 24
$28.3M
Free Cash Flow
CUZ
CUZ
PCLA
PCLA
Q4 25
$135.0M
Q3 25
Q2 25
Q1 25
$-256.6M
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
FCF Margin
CUZ
CUZ
PCLA
PCLA
Q4 25
53.0%
Q3 25
Q2 25
Q1 25
-101.6%
Q4 24
65.5%
Q3 24
Q2 24
Q1 24
Capex Intensity
CUZ
CUZ
PCLA
PCLA
Q4 25
104.8%
Q3 25
Q2 25
Q1 25
4.3%
Q4 24
112.2%
Q3 24
Q2 24
Q1 24
Cash Conversion
CUZ
CUZ
PCLA
PCLA
Q4 25
Q3 25
14.03×
Q2 25
8.46×
Q1 25
2.14×
Q4 24
29.35×
Q3 24
10.48×
Q2 24
16.01×
Q1 24
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CUZ
CUZ

Rental Properties$253.3M99%
Fee And Other Revenue$1.7M1%
Other$1.2M0%

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

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