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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and STEM, INC. (STEM). 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 $47.1M, roughly 1.7× STEM, INC.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -33.9%, a 72.7% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs 8.4%).
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.
StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.
FCPT vs STEM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $47.1M |
| Net Profit | $30.4M | $-16.0M |
| Gross Margin | — | 48.9% |
| Operating Margin | 55.3% | -17.7% |
| Net Margin | 38.8% | -33.9% |
| Revenue YoY | 9.4% | -15.6% |
| Net Profit YoY | 16.0% | 68.8% |
| EPS (diluted) | $0.28 | $-4.40 |
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 | $47.1M | ||
| Q3 25 | $74.1M | $38.2M | ||
| Q2 25 | $72.8M | $38.4M | ||
| Q1 25 | $71.5M | $32.5M | ||
| Q4 24 | $68.3M | $55.8M | ||
| Q3 24 | $66.8M | $29.3M | ||
| Q2 24 | $66.5M | $34.0M |
| Q1 26 | $30.4M | — | ||
| Q4 25 | $29.4M | $-16.0M | ||
| Q3 25 | $28.8M | $-23.8M | ||
| Q2 25 | $27.9M | $202.5M | ||
| Q1 25 | $26.2M | $-25.0M | ||
| Q4 24 | $26.2M | $-51.1M | ||
| Q3 24 | $25.6M | $-148.3M | ||
| Q2 24 | $24.7M | $-582.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% |
| Q1 26 | 55.3% | — | ||
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | -33.6% | ||
| Q2 25 | — | -34.8% | ||
| Q1 25 | — | -65.0% | ||
| Q4 24 | — | -84.4% | ||
| Q3 24 | — | -493.2% | ||
| Q2 24 | — | -1705.5% |
| Q1 26 | 38.8% | — | ||
| Q4 25 | 38.9% | -33.9% | ||
| Q3 25 | 38.9% | -62.2% | ||
| Q2 25 | 38.3% | 527.8% | ||
| Q1 25 | 36.6% | -76.9% | ||
| Q4 24 | 38.3% | -91.6% | ||
| Q3 24 | 38.3% | -506.3% | ||
| Q2 24 | 37.1% | -1712.6% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.27 | $-4.40 | ||
| Q3 25 | $0.28 | $-2.84 | ||
| Q2 25 | $0.28 | $-1.79 | ||
| Q1 25 | $0.26 | $-0.15 | ||
| Q4 24 | $0.27 | $-15.29 | ||
| Q3 24 | $0.27 | $-18.24 | ||
| Q2 24 | $0.27 | $-71.81 |
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 | $48.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $-249.4M |
| Total Assets | $3.0B | $308.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.6M | — | ||
| Q4 25 | $12.1M | $48.9M | ||
| Q3 25 | $6.7M | $43.1M | ||
| Q2 25 | $6.0M | $40.8M | ||
| Q1 25 | $22.3M | $58.6M | ||
| Q4 24 | $4.1M | $56.3M | ||
| Q3 24 | $44.5M | $75.4M | ||
| Q2 24 | $17.2M | $89.6M |
| 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 | $-249.4M | ||
| Q3 25 | $1.5B | $-235.7M | ||
| Q2 25 | $1.5B | $-214.1M | ||
| Q1 25 | $1.4B | $-417.5M | ||
| Q4 24 | $1.5B | $-398.4M | ||
| Q3 24 | $1.4B | $-344.1M | ||
| Q2 24 | $1.3B | $-203.2M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $308.9M | ||
| Q3 25 | $2.8B | $362.6M | ||
| Q2 25 | $2.8B | $379.2M | ||
| Q1 25 | $2.7B | $405.1M | ||
| Q4 24 | $2.7B | $437.4M | ||
| Q3 24 | $2.6B | $537.8M | ||
| Q2 24 | $2.5B | $691.5M |
| 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 | — | $8.2M |
| 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 | $8.2M | ||
| Q3 25 | $48.9M | $11.4M | ||
| Q2 25 | $43.8M | $-21.3M | ||
| Q1 25 | $51.6M | $8.5M | ||
| Q4 24 | $144.1M | $-14.7M | ||
| Q3 24 | $43.4M | $-9.4M | ||
| Q2 24 | $39.7M | $-11.9M |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.57× | -0.11× | ||
| 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% |
STEM
Segment breakdown not available.
