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Side-by-side financial comparison of Eventbrite, Inc. (EB) and Global Net Lease, Inc. (GNL). Click either name above to swap in a different company.

Global Net Lease, Inc. is the larger business by last-quarter revenue ($117.0M vs $73.5M, roughly 1.6× Eventbrite, Inc.). Global Net Lease, Inc. runs the higher net margin — 41.2% vs -11.1%, a 52.3% gap on every dollar of revenue. On growth, Eventbrite, Inc. posted the faster year-over-year revenue change (-3.9% vs -15.1%). Over the past eight quarters, Eventbrite, Inc.'s revenue compounded faster (-7.7% CAGR vs -11.1%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

Global Net Lease, Inc. is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of commercial real estate assets under long-term net lease contracts. Its property portfolio spans North America and Europe, covering industrial, office, retail and other key sectors, serving tenants across multiple industries to deliver consistent long-term returns for shareholders.

EB vs GNL — Head-to-Head

Bigger by revenue
GNL
GNL
1.6× larger
GNL
$117.0M
$73.5M
EB
Growing faster (revenue YoY)
EB
EB
+11.3% gap
EB
-3.9%
-15.1%
GNL
Higher net margin
GNL
GNL
52.3% more per $
GNL
41.2%
-11.1%
EB
Faster 2-yr revenue CAGR
EB
EB
Annualised
EB
-7.7%
-11.1%
GNL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EB
EB
GNL
GNL
Revenue
$73.5M
$117.0M
Net Profit
$-8.2M
$48.2M
Gross Margin
68.1%
Operating Margin
-12.4%
94.7%
Net Margin
-11.1%
41.2%
Revenue YoY
-3.9%
-15.1%
Net Profit YoY
2.5%
838.7%
EPS (diluted)
$-0.08
$0.14

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
EB
EB
GNL
GNL
Q4 25
$73.5M
$117.0M
Q3 25
$71.7M
$121.0M
Q2 25
$72.8M
$124.9M
Q1 25
$73.8M
$132.4M
Q4 24
$76.5M
$137.8M
Q3 24
$77.8M
$138.7M
Q2 24
$84.6M
$145.5M
Q1 24
$86.3M
$147.9M
Net Profit
EB
EB
GNL
GNL
Q4 25
$-8.2M
$48.2M
Q3 25
$6.4M
$-60.1M
Q2 25
$-2.1M
$-24.1M
Q1 25
$-6.6M
$-189.4M
Q4 24
$-8.4M
$-6.5M
Q3 24
$-3.8M
$-65.6M
Q2 24
$1.1M
$-35.7M
Q1 24
$-4.5M
$-23.8M
Gross Margin
EB
EB
GNL
GNL
Q4 25
68.1%
Q3 25
67.9%
Q2 25
67.5%
Q1 25
66.9%
Q4 24
68.2%
Q3 24
68.5%
Q2 24
70.9%
Q1 24
71.0%
Operating Margin
EB
EB
GNL
GNL
Q4 25
-12.4%
94.7%
Q3 25
-1.3%
-11.7%
Q2 25
-8.7%
33.9%
Q1 25
-13.2%
-21.1%
Q4 24
-10.2%
40.8%
Q3 24
-11.5%
9.3%
Q2 24
-7.6%
42.6%
Q1 24
-8.8%
38.6%
Net Margin
EB
EB
GNL
GNL
Q4 25
-11.1%
41.2%
Q3 25
8.9%
-49.7%
Q2 25
-2.9%
-19.3%
Q1 25
-9.0%
-143.0%
Q4 24
-11.0%
-4.7%
Q3 24
-4.8%
-47.3%
Q2 24
1.3%
-24.5%
Q1 24
-5.2%
-16.1%
EPS (diluted)
EB
EB
GNL
GNL
Q4 25
$-0.08
$0.14
Q3 25
$0.06
$-0.32
Q2 25
$-0.02
$-0.16
Q1 25
$-0.07
$-0.87
Q4 24
$-0.09
$-0.08
Q3 24
$-0.04
$-0.33
Q2 24
$0.01
$-0.20
Q1 24
$-0.05
$-0.15

Balance Sheet & Financial Strength

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

Metric
EB
EB
GNL
GNL
Cash + ST InvestmentsLiquidity on hand
$299.9M
$180.1M
Total DebtLower is stronger
$144.4M
Stockholders' EquityBook value
$179.1M
$1.7B
Total Assets
$647.2M
$4.3B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
GNL
GNL
Q4 25
$299.9M
$180.1M
Q3 25
$165.1M
Q2 25
$144.8M
Q1 25
$147.0M
Q4 24
$441.5M
$159.7M
Q3 24
$24.7M
$127.2M
Q2 24
$56.7M
$122.2M
Q1 24
$113.7M
$131.9M
Total Debt
EB
EB
GNL
GNL
Q4 25
$144.4M
Q3 25
$174.9M
Q2 25
$241.3M
Q1 25
$241.0M
Q4 24
$240.7M
Q3 24
$240.4M
Q2 24
$358.7M
Q1 24
$358.2M
Stockholders' Equity
EB
EB
GNL
GNL
Q4 25
$179.1M
$1.7B
Q3 25
$189.1M
$1.7B
Q2 25
$177.2M
$1.8B
Q1 25
$173.3M
$1.9B
Q4 24
$170.2M
$2.2B
Q3 24
$179.8M
$2.3B
Q2 24
$176.2M
$2.4B
Q1 24
$184.1M
$2.5B
Total Assets
EB
EB
GNL
GNL
Q4 25
$647.2M
$4.3B
Q3 25
$744.6M
$4.8B
Q2 25
$784.1M
$5.0B
Q1 25
$812.3M
$5.8B
Q4 24
$752.3M
$7.0B
Q3 24
$817.4M
$7.3B
Q2 24
$894.5M
$7.6B
Q1 24
$952.2M
$8.0B
Debt / Equity
EB
EB
GNL
GNL
Q4 25
0.81×
Q3 25
0.92×
Q2 25
1.36×
Q1 25
1.39×
Q4 24
1.41×
Q3 24
1.34×
Q2 24
2.04×
Q1 24
1.95×

Cash Flow & Capital Efficiency

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

Metric
EB
EB
GNL
GNL
Operating Cash FlowLast quarter
$-60.8M
$222.8M
Free Cash FlowOCF − Capex
$-60.9M
FCF MarginFCF / Revenue
-82.8%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
4.62×
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
GNL
GNL
Q4 25
$-60.8M
$222.8M
Q3 25
$36.7M
$56.0M
Q2 25
$-17.5M
$52.0M
Q1 25
$59.4M
$59.2M
Q4 24
$-45.3M
$299.5M
Q3 24
$44.6M
$62.1M
Q2 24
$-32.3M
$70.4M
Q1 24
$68.6M
$92.2M
Free Cash Flow
EB
EB
GNL
GNL
Q4 25
$-60.9M
Q3 25
$36.6M
Q2 25
$-17.5M
Q1 25
$59.4M
Q4 24
$-45.3M
Q3 24
$44.4M
Q2 24
$-32.4M
Q1 24
$68.2M
FCF Margin
EB
EB
GNL
GNL
Q4 25
-82.8%
Q3 25
51.1%
Q2 25
-24.1%
Q1 25
80.4%
Q4 24
-59.2%
Q3 24
57.1%
Q2 24
-38.3%
Q1 24
79.1%
Capex Intensity
EB
EB
GNL
GNL
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.4%
Cash Conversion
EB
EB
GNL
GNL
Q4 25
4.62×
Q3 25
5.76×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-30.37×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

GNL
GNL

Industrial And Distribution Segment$56.0M48%
Office Segment$30.8M26%
Single Tenant Retail Segment$30.2M26%

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