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Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and WORKIVA INC (WK). Click either name above to swap in a different company.
WORKIVA INC is the larger business by last-quarter revenue ($238.9M vs $158.8M, roughly 1.5× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 4.9%, a 32.8% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 19.5%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 16.6%).
Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
EPRT vs WK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $158.8M | $238.9M |
| Net Profit | $60.0M | $11.8M |
| Gross Margin | — | 80.7% |
| Operating Margin | 56.5% | 3.3% |
| Net Margin | 37.8% | 4.9% |
| Revenue YoY | 22.8% | 19.5% |
| Net Profit YoY | 6.5% | 234.0% |
| EPS (diluted) | $0.28 | $0.21 |
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 | $158.8M | — | ||
| Q4 25 | $149.9M | $238.9M | ||
| Q3 25 | $144.9M | $224.2M | ||
| Q2 25 | $137.1M | $215.2M | ||
| Q1 25 | $129.4M | $206.3M | ||
| Q4 24 | $119.7M | $199.9M | ||
| Q3 24 | $117.1M | $185.6M | ||
| Q2 24 | $109.3M | $177.5M |
| Q1 26 | $60.0M | — | ||
| Q4 25 | $68.1M | $11.8M | ||
| Q3 25 | $65.6M | $2.8M | ||
| Q2 25 | $63.2M | $-19.4M | ||
| Q1 25 | $56.1M | $-21.4M | ||
| Q4 24 | $55.4M | $-8.8M | ||
| Q3 24 | $49.1M | $-17.0M | ||
| Q2 24 | $51.5M | $-17.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 77.1% | ||
| Q3 24 | — | 76.5% | ||
| Q2 24 | — | 76.8% |
| Q1 26 | 56.5% | — | ||
| Q4 25 | 65.9% | 3.3% | ||
| Q3 25 | 64.7% | -1.5% | ||
| Q2 25 | 64.1% | -10.3% | ||
| Q1 25 | 61.6% | -12.0% | ||
| Q4 24 | 66.1% | -6.7% | ||
| Q3 24 | 59.7% | -11.7% | ||
| Q2 24 | 61.1% | -13.0% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 45.4% | 4.9% | ||
| Q3 25 | 45.3% | 1.2% | ||
| Q2 25 | 46.1% | -9.0% | ||
| Q1 25 | 43.4% | -10.4% | ||
| Q4 24 | 46.3% | -4.4% | ||
| Q3 24 | 42.0% | -9.2% | ||
| Q2 24 | 47.1% | -9.9% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.34 | $0.21 | ||
| Q3 25 | $0.33 | $0.05 | ||
| Q2 25 | $0.32 | $-0.35 | ||
| Q1 25 | $0.29 | $-0.38 | ||
| Q4 24 | $0.31 | $-0.15 | ||
| Q3 24 | $0.27 | $-0.31 | ||
| Q2 24 | $0.29 | $-0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.2M | $338.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $-5.4M |
| Total Assets | $7.2B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | — | ||
| Q4 25 | $60.2M | $338.8M | ||
| Q3 25 | $23.8M | $315.9M | ||
| Q2 25 | $20.8M | $284.3M | ||
| Q1 25 | $47.0M | $242.0M | ||
| Q4 24 | $40.7M | $301.8M | ||
| Q3 24 | $32.7M | $248.2M | ||
| Q2 24 | $23.6M | $267.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.2B | $-5.4M | ||
| Q3 25 | $3.8B | $-36.9M | ||
| Q2 25 | $3.8B | $-66.5M | ||
| Q1 25 | $3.8B | $-75.7M | ||
| Q4 24 | $3.6B | $-41.7M | ||
| Q3 24 | $3.2B | $-50.8M | ||
| Q2 24 | $3.2B | $-77.7M |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $6.9B | $1.5B | ||
| Q3 25 | $6.6B | $1.4B | ||
| Q2 25 | $6.3B | $1.3B | ||
| Q1 25 | $6.1B | $1.3B | ||
| Q4 24 | $5.8B | $1.4B | ||
| Q3 24 | $5.5B | $1.3B | ||
| Q2 24 | $5.3B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 0.59× | — |
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 | — | $51.0M |
| Free Cash FlowOCF − Capex | — | $50.7M |
| FCF MarginFCF / Revenue | — | 21.2% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $381.1M | $51.0M | ||
| Q3 25 | $99.0M | $46.2M | ||
| Q2 25 | $99.8M | $50.3M | ||
| Q1 25 | $77.2M | $-7.4M | ||
| Q4 24 | $308.5M | $44.0M | ||
| Q3 24 | $73.5M | $18.9M | ||
| Q2 24 | $81.1M | $-14.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | $50.7M | ||
| Q3 25 | — | $46.1M | ||
| Q2 25 | — | $49.3M | ||
| Q1 25 | — | $-8.1M | ||
| Q4 24 | — | $43.2M | ||
| Q3 24 | — | $18.7M | ||
| Q2 24 | — | $-122.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 22.9% | ||
| Q1 25 | — | -3.9% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 5.60× | 4.31× | ||
| Q3 25 | 1.51× | 16.57× | ||
| Q2 25 | 1.58× | — | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | 5.57× | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | 1.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPRT
| Rental revenue 1,2 | $149.4M | 94% |
| Other | $8.6M | 5% |
| Other revenue | $779.0K | 0% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |