vs
Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and SolarMax Technology, Inc. (SMXT). Click either name above to swap in a different company.
Four Corners Property Trust, Inc. is the larger business by last-quarter revenue ($78.2M vs $46.6M, roughly 1.7× SolarMax Technology, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -1.9%, a 40.7% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 9.4%).
Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.
SolarMax Technology, Inc. develops, manufactures and sells high-efficiency solar PV modules and clean energy systems. It serves residential, commercial and industrial clients in North America and key Asia-Pacific markets, offering installation and after-sales support to boost low-carbon energy use.
FCPT vs SMXT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $78.2M | $46.6M |
| Net Profit | $30.4M | $-872.2K |
| Gross Margin | — | 2.7% |
| Operating Margin | 55.3% | -2.7% |
| Net Margin | 38.8% | -1.9% |
| Revenue YoY | 9.4% | 623.5% |
| Net Profit YoY | 16.0% | 77.7% |
| EPS (diluted) | $0.28 | $-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.
| Q1 26 | $78.2M | — | ||
| Q4 25 | $75.7M | $46.6M | ||
| Q3 25 | $74.1M | $30.6M | ||
| Q2 25 | $72.8M | $6.9M | ||
| Q1 25 | $71.5M | $6.9M | ||
| Q4 24 | $68.3M | $6.4M | ||
| Q3 24 | $66.8M | $6.3M | ||
| Q2 24 | $66.5M | — |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-872.2K | ||
| Q3 25 | $28.8M | $-2.3M | ||
| Q2 25 | $27.9M | $-1.9M | ||
| Q1 25 | $26.2M | $-1.3M | ||
| Q4 24 | $26.2M | $-3.9M | ||
| Q3 24 | $25.6M | $-9.6M | ||
| Q2 24 | $24.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 20.5% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | — |
| Q1 26 | 55.3% | — | ||
| Q4 25 | — | -2.7% | ||
| Q3 25 | — | -6.9% | ||
| Q2 25 | — | -25.7% | ||
| Q1 25 | — | -16.7% | ||
| Q4 24 | — | -27.9% | ||
| Q3 24 | — | -158.4% | ||
| Q2 24 | — | — |
| Q1 26 | 38.8% | — | ||
| Q4 25 | 38.9% | -1.9% | ||
| Q3 25 | 38.9% | -7.4% | ||
| Q2 25 | 38.3% | -27.6% | ||
| Q1 25 | 36.6% | -18.7% | ||
| Q4 24 | 38.3% | -60.6% | ||
| Q3 24 | 38.3% | -152.0% | ||
| Q2 24 | 37.1% | — |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-0.02 | ||
| Q3 25 | $0.28 | $-0.04 | ||
| Q2 25 | $0.28 | $-0.04 | ||
| Q1 25 | $0.26 | $-0.03 | ||
| Q4 24 | $0.27 | $-0.07 | ||
| Q3 24 | $0.27 | $-0.21 | ||
| Q2 24 | $0.27 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.6M | $8.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $-12.2M |
| Total Assets | $3.0B | $91.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $8.0M | ||
| Q3 25 | $6.7M | $5.7M | ||
| Q2 25 | $6.0M | $1.9M | ||
| Q1 25 | $22.3M | $6.8M | ||
| Q4 24 | $4.1M | $7.1M | ||
| Q3 24 | $44.5M | $8.6M | ||
| Q2 24 | $17.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $-12.2M | ||
| Q3 25 | $1.5B | $-11.8M | ||
| Q2 25 | $1.5B | $-15.1M | ||
| Q1 25 | $1.4B | $-15.9M | ||
| Q4 24 | $1.5B | $-15.1M | ||
| Q3 24 | $1.4B | $-10.9M | ||
| Q2 24 | $1.3B | — |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $91.3M | ||
| Q3 25 | $2.8B | $58.7M | ||
| Q2 25 | $2.8B | $38.2M | ||
| Q1 25 | $2.7B | $38.6M | ||
| Q4 24 | $2.7B | $38.6M | ||
| Q3 24 | $2.6B | $43.0M | ||
| Q2 24 | $2.5B | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.84× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.92× | — |
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 | — | $-2.5M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $192.3M | $-2.5M | ||
| Q3 25 | $48.9M | $3.4M | ||
| Q2 25 | $43.8M | $220.7K | ||
| Q1 25 | $51.6M | $-601.1K | ||
| Q4 24 | $144.1M | $-1.3M | ||
| Q3 24 | $43.4M | $203.6K | ||
| Q2 24 | $39.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 5.51× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCPT
| Rental revenue | $69.8M | 89% |
| Restaurant revenue | $8.4M | 11% |
SMXT
| Yabucoa | $35.9M | 77% |
| Other | $10.7M | 23% |