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Side-by-side financial comparison of Franklin BSP Realty Trust, Inc. (FBRT) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $81.1M, roughly 1.0× Franklin BSP Realty Trust, Inc.). Franklin BSP Realty Trust, Inc. runs the higher net margin — 22.7% vs -38.1%, a 60.7% gap on every dollar of revenue. On growth, Franklin BSP Realty Trust, Inc. posted the faster year-over-year revenue change (25.8% vs 20.2%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 22.6%).
Franklin BSP Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on originating, investing in, and managing a diversified portfolio of commercial real estate debt assets, including first mortgage loans, mezzanine financing and other credit-related real estate products. It operates primarily in the U.S. market, targeting consistent risk-adjusted returns and stable income distributions for investors.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
FBRT vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $81.1M | $83.1M |
| Net Profit | $18.4M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | — | -4.1% |
| Net Margin | 22.7% | -38.1% |
| Revenue YoY | 25.8% | 20.2% |
| Net Profit YoY | -39.1% | -27.9% |
| EPS (diluted) | $0.13 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $81.1M | $76.4M | ||
| Q3 25 | $89.5M | $83.3M | ||
| Q2 25 | $49.3M | $79.2M | ||
| Q1 25 | $50.1M | $69.2M | ||
| Q4 24 | $64.5M | $68.2M | ||
| Q3 24 | $54.0M | $58.4M | ||
| Q2 24 | $50.9M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $18.4M | $-29.8M | ||
| Q3 25 | $17.3M | $-21.4M | ||
| Q2 25 | $23.2M | $-19.6M | ||
| Q1 25 | $24.1M | $-24.7M | ||
| Q4 24 | $30.2M | $-18.9M | ||
| Q3 24 | $31.6M | $-21.0M | ||
| Q2 24 | $-2.2M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | — | -40.6% | ||
| Q3 25 | — | -27.8% | ||
| Q2 25 | — | -28.0% | ||
| Q1 25 | — | -39.7% | ||
| Q4 24 | — | -28.9% | ||
| Q3 24 | — | -38.4% | ||
| Q2 24 | — | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 22.7% | -39.1% | ||
| Q3 25 | 19.3% | -25.7% | ||
| Q2 25 | 47.1% | -24.7% | ||
| Q1 25 | 48.0% | -35.8% | ||
| Q4 24 | 46.8% | -27.6% | ||
| Q3 24 | 58.5% | -35.9% | ||
| Q2 24 | -4.3% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.13 | $-0.54 | ||
| Q3 25 | $0.12 | $-0.38 | ||
| Q2 25 | $0.19 | $-0.35 | ||
| Q1 25 | $0.20 | $-0.45 | ||
| Q4 24 | $0.28 | $-0.34 | ||
| Q3 24 | $0.30 | $-0.40 | ||
| Q2 24 | $-0.11 | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.3M | $245.6M |
| Total DebtLower is stronger | — | $51.7M |
| Stockholders' EquityBook value | $1.4B | $347.7M |
| Total Assets | $6.1B | $487.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $167.3M | $286.5M | ||
| Q3 25 | $116.7M | $294.3M | ||
| Q2 25 | $414.1M | $302.7M | ||
| Q1 25 | $215.4M | $316.2M | ||
| Q4 24 | $184.4M | $333.7M | ||
| Q3 24 | $346.2M | $196.8M | ||
| Q2 24 | $94.8M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | — | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | — | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $1.4B | $365.9M | ||
| Q3 25 | $1.5B | $380.3M | ||
| Q2 25 | $1.5B | $385.8M | ||
| Q1 25 | $1.5B | $389.2M | ||
| Q4 24 | $1.5B | $402.2M | ||
| Q3 24 | $1.5B | $241.2M | ||
| Q2 24 | $1.5B | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $6.1B | $508.1M | ||
| Q3 25 | $6.2B | $511.5M | ||
| Q2 25 | $5.6B | $513.1M | ||
| Q1 25 | $5.7B | $519.4M | ||
| Q4 24 | $6.0B | $534.0M | ||
| Q3 24 | $6.3B | $374.1M | ||
| Q2 24 | $6.3B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
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 | $291.9M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 15.88× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $291.9M | $-10.3M | ||
| Q3 25 | $-148.1M | $-6.6M | ||
| Q2 25 | $11.8M | $-15.0M | ||
| Q1 25 | $116.2M | $-17.0M | ||
| Q4 24 | $57.2M | $-32.4M | ||
| Q3 24 | $97.4M | $-18.8M | ||
| Q2 24 | $1.9M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-12.2M | ||
| Q3 25 | — | $-9.5M | ||
| Q2 25 | — | $-17.8M | ||
| Q1 25 | — | $-18.8M | ||
| Q4 24 | — | $-33.6M | ||
| Q3 24 | — | $-19.0M | ||
| Q2 24 | — | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | -15.9% | ||
| Q3 25 | — | -11.4% | ||
| Q2 25 | — | -22.5% | ||
| Q1 25 | — | -27.2% | ||
| Q4 24 | — | -49.2% | ||
| Q3 24 | — | -32.6% | ||
| Q2 24 | — | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 15.88× | — | ||
| Q3 25 | -8.56× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 4.83× | — | ||
| Q4 24 | 1.90× | — | ||
| Q3 24 | 3.08× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FBRT
| New Point Holdings JVLLC | $77.3M | 95% |
| Other | $2.1M | 3% |
| Office Building | $1.7M | 2% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |