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Side-by-side financial comparison of Four Corners Property Trust, Inc. (FCPT) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.

TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $78.2M, roughly 1.3× Four Corners Property Trust, Inc.). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs 10.3%, a 28.6% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 9.4%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% 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.

Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.

FCPT vs TCMD — Head-to-Head

Bigger by revenue
TCMD
TCMD
1.3× larger
TCMD
$103.6M
$78.2M
FCPT
Growing faster (revenue YoY)
TCMD
TCMD
+11.7% gap
TCMD
21.0%
9.4%
FCPT
Higher net margin
FCPT
FCPT
28.6% more per $
FCPT
38.8%
10.3%
TCMD
Faster 2-yr revenue CAGR
TCMD
TCMD
Annualised
TCMD
30.2%
8.4%
FCPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCPT
FCPT
TCMD
TCMD
Revenue
$78.2M
$103.6M
Net Profit
$30.4M
$10.6M
Gross Margin
78.2%
Operating Margin
55.3%
18.1%
Net Margin
38.8%
10.3%
Revenue YoY
9.4%
21.0%
Net Profit YoY
16.0%
9.4%
EPS (diluted)
$0.28
$0.45

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
FCPT
FCPT
TCMD
TCMD
Q1 26
$78.2M
Q4 25
$75.7M
$103.6M
Q3 25
$74.1M
$85.8M
Q2 25
$72.8M
$78.9M
Q1 25
$71.5M
$61.3M
Q4 24
$68.3M
$85.6M
Q3 24
$66.8M
$73.1M
Q2 24
$66.5M
$73.2M
Net Profit
FCPT
FCPT
TCMD
TCMD
Q1 26
$30.4M
Q4 25
$29.4M
$10.6M
Q3 25
$28.8M
$8.2M
Q2 25
$27.9M
$3.2M
Q1 25
$26.2M
$-3.0M
Q4 24
$26.2M
$9.7M
Q3 24
$25.6M
$5.2M
Q2 24
$24.7M
$4.3M
Gross Margin
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
78.2%
Q3 25
75.8%
Q2 25
74.5%
Q1 25
74.0%
Q4 24
75.2%
Q3 24
75.0%
Q2 24
73.9%
Operating Margin
FCPT
FCPT
TCMD
TCMD
Q1 26
55.3%
Q4 25
18.1%
Q3 25
12.8%
Q2 25
5.2%
Q1 25
-7.4%
Q4 24
14.6%
Q3 24
9.3%
Q2 24
8.0%
Net Margin
FCPT
FCPT
TCMD
TCMD
Q1 26
38.8%
Q4 25
38.9%
10.3%
Q3 25
38.9%
9.6%
Q2 25
38.3%
4.1%
Q1 25
36.6%
-4.9%
Q4 24
38.3%
11.4%
Q3 24
38.3%
7.1%
Q2 24
37.1%
5.9%
EPS (diluted)
FCPT
FCPT
TCMD
TCMD
Q1 26
$0.28
Q4 25
$0.27
$0.45
Q3 25
$0.28
$0.36
Q2 25
$0.28
$0.14
Q1 25
$0.26
$-0.13
Q4 24
$0.27
$0.40
Q3 24
$0.27
$0.21
Q2 24
$0.27
$0.18

Balance Sheet & Financial Strength

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

Metric
FCPT
FCPT
TCMD
TCMD
Cash + ST InvestmentsLiquidity on hand
$29.6M
$83.4M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$1.7B
$218.9M
Total Assets
$3.0B
$273.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCPT
FCPT
TCMD
TCMD
Q1 26
$29.6M
Q4 25
$12.1M
$83.4M
Q3 25
$6.7M
$66.0M
Q2 25
$6.0M
$81.5M
Q1 25
$22.3M
$83.6M
Q4 24
$4.1M
$94.4M
Q3 24
$44.5M
$82.1M
Q2 24
$17.2M
$73.6M
Total Debt
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
$1.2B
$0
Q3 25
$1.2B
$0
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
$27.0M
Q2 24
$1.2B
$27.8M
Stockholders' Equity
FCPT
FCPT
TCMD
TCMD
Q1 26
$1.7B
Q4 25
$1.6B
$218.9M
Q3 25
$1.5B
$204.9M
Q2 25
$1.5B
$194.9M
Q1 25
$1.4B
$205.6M
Q4 24
$1.5B
$216.6M
Q3 24
$1.4B
$207.9M
Q2 24
$1.3B
$200.7M
Total Assets
FCPT
FCPT
TCMD
TCMD
Q1 26
$3.0B
Q4 25
$2.9B
$273.9M
Q3 25
$2.8B
$259.2M
Q2 25
$2.8B
$273.0M
Q1 25
$2.7B
$280.2M
Q4 24
$2.7B
$297.9M
Q3 24
$2.6B
$287.7M
Q2 24
$2.5B
$278.8M
Debt / Equity
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
0.74×
0.00×
Q3 25
0.79×
0.00×
Q2 25
0.81×
Q1 25
0.84×
Q4 24
0.78×
Q3 24
0.84×
0.13×
Q2 24
0.92×
0.14×

Cash Flow & Capital Efficiency

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

Metric
FCPT
FCPT
TCMD
TCMD
Operating Cash FlowLast quarter
$17.3M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
$192.3M
$17.3M
Q3 25
$48.9M
$10.3M
Q2 25
$43.8M
$14.8M
Q1 25
$51.6M
$417.0K
Q4 24
$144.1M
$16.3M
Q3 24
$43.4M
$10.3M
Q2 24
$39.7M
$13.1M
Free Cash Flow
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
$16.8M
Q3 25
$9.2M
Q2 25
$14.4M
Q1 25
$38.0K
Q4 24
$15.9M
Q3 24
$9.3M
Q2 24
$12.6M
FCF Margin
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
16.2%
Q3 25
10.8%
Q2 25
18.2%
Q1 25
0.1%
Q4 24
18.5%
Q3 24
12.7%
Q2 24
17.3%
Capex Intensity
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
0.5%
Q3 25
1.3%
Q2 25
0.5%
Q1 25
0.6%
Q4 24
0.5%
Q3 24
1.3%
Q2 24
0.7%
Cash Conversion
FCPT
FCPT
TCMD
TCMD
Q1 26
Q4 25
6.53×
1.63×
Q3 25
1.70×
1.26×
Q2 25
1.57×
4.59×
Q1 25
1.97×
Q4 24
5.51×
1.68×
Q3 24
1.70×
1.99×
Q2 24
1.61×
3.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCPT
FCPT

Rental revenue$69.8M89%
Restaurant revenue$8.4M11%

TCMD
TCMD

Private Insurers$57.6M56%
Medicare$24.6M24%
Durable Medical Equipment Distributors$14.1M14%
Veterans Administration$7.3M7%

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