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Side-by-side financial comparison of First Foundation Inc. (FFWM) and GLADSTONE COMMERCIAL CORP (GOOD). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $43.5M, roughly 1.1× GLADSTONE COMMERCIAL CORP). GLADSTONE COMMERCIAL CORP runs the higher net margin — 12.4% vs -97.9%, a 110.3% gap on every dollar of revenue. On growth, First Foundation Inc. posted the faster year-over-year revenue change (421.7% vs 16.3%). Over the past eight quarters, GLADSTONE COMMERCIAL CORP's revenue compounded faster (10.3% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.

FFWM vs GOOD — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.1× larger
FFWM
$48.4M
$43.5M
GOOD
Growing faster (revenue YoY)
FFWM
FFWM
+405.4% gap
FFWM
421.7%
16.3%
GOOD
Higher net margin
GOOD
GOOD
110.3% more per $
GOOD
12.4%
-97.9%
FFWM
Faster 2-yr revenue CAGR
GOOD
GOOD
Annualised
GOOD
10.3%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFWM
FFWM
GOOD
GOOD
Revenue
$48.4M
$43.5M
Net Profit
$-8.0M
$5.4M
Gross Margin
Operating Margin
-97.5%
Net Margin
-97.9%
12.4%
Revenue YoY
421.7%
16.3%
Net Profit YoY
43.0%
-25.1%
EPS (diluted)
$-0.09
$0.05

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
FFWM
FFWM
GOOD
GOOD
Q4 25
$48.4M
$43.5M
Q3 25
$63.6M
$40.8M
Q2 25
$51.4M
$39.5M
Q1 25
$71.4M
$37.5M
Q4 24
$9.3M
$37.4M
Q3 24
$9.2M
$39.2M
Q2 24
$57.5M
$37.1M
Q1 24
$51.1M
$35.7M
Net Profit
FFWM
FFWM
GOOD
GOOD
Q4 25
$-8.0M
$5.4M
Q3 25
$-146.3M
$4.1M
Q2 25
$-7.7M
$4.6M
Q1 25
$6.9M
$5.1M
Q4 24
$-14.1M
$7.2M
Q3 24
$-82.2M
$11.7M
Q2 24
$3.1M
$1.6M
Q1 24
$793.0K
$3.5M
Operating Margin
FFWM
FFWM
GOOD
GOOD
Q4 25
-97.5%
Q3 25
-92.7%
Q2 25
-21.1%
Q1 25
8.8%
Q4 24
-247.7%
Q3 24
-1276.7%
Q2 24
4.6%
Q1 24
-0.2%
Net Margin
FFWM
FFWM
GOOD
GOOD
Q4 25
-97.9%
12.4%
Q3 25
-230.1%
10.1%
Q2 25
-15.0%
11.7%
Q1 25
9.7%
13.7%
Q4 24
-152.2%
19.2%
Q3 24
-896.9%
29.8%
Q2 24
5.4%
4.3%
Q1 24
1.6%
9.9%
EPS (diluted)
FFWM
FFWM
GOOD
GOOD
Q4 25
$-0.09
$0.05
Q3 25
$-1.78
$0.02
Q2 25
$-0.09
$0.03
Q1 25
$0.08
$0.04
Q4 24
$-0.24
$0.10
Q3 24
$-1.23
$0.20
Q2 24
$0.05
$-0.04
Q1 24
$0.01
$0.01

Balance Sheet & Financial Strength

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

Metric
FFWM
FFWM
GOOD
GOOD
Cash + ST InvestmentsLiquidity on hand
$1.6B
$10.8M
Total DebtLower is stronger
$843.5M
Stockholders' EquityBook value
$912.6M
$171.8M
Total Assets
$11.9B
$1.2B
Debt / EquityLower = less leverage
4.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
GOOD
GOOD
Q4 25
$1.6B
$10.8M
Q3 25
$1.7B
$18.4M
Q2 25
$1.1B
$11.7M
Q1 25
$1.0B
$10.4M
Q4 24
$1.0B
$11.0M
Q3 24
$1.1B
$10.5M
Q2 24
$1.4B
$10.4M
Q1 24
$1.6B
$10.5M
Total Debt
FFWM
FFWM
GOOD
GOOD
Q4 25
$843.5M
Q3 25
$843.3M
Q2 25
$794.4M
Q1 25
$740.7M
Q4 24
$693.4M
Q3 24
$692.6M
Q2 24
$722.5M
Q1 24
$719.4M
Stockholders' Equity
FFWM
FFWM
GOOD
GOOD
Q4 25
$912.6M
$171.8M
Q3 25
$917.9M
$184.8M
Q2 25
$1.1B
$177.2M
Q1 25
$1.1B
$183.2M
Q4 24
$1.1B
$171.2M
Q3 24
$1.1B
$168.9M
Q2 24
$933.2M
$145.7M
Q1 24
$928.7M
$147.3M
Total Assets
FFWM
FFWM
GOOD
GOOD
Q4 25
$11.9B
$1.2B
Q3 25
$11.9B
$1.3B
Q2 25
$11.6B
$1.2B
Q1 25
$12.6B
$1.2B
Q4 24
$12.6B
$1.1B
Q3 24
$13.4B
$1.1B
Q2 24
$13.7B
$1.1B
Q1 24
$13.6B
$1.1B
Debt / Equity
FFWM
FFWM
GOOD
GOOD
Q4 25
4.91×
Q3 25
4.56×
Q2 25
4.48×
Q1 25
4.04×
Q4 24
4.05×
Q3 24
4.10×
Q2 24
4.96×
Q1 24
4.88×

Cash Flow & Capital Efficiency

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

Metric
FFWM
FFWM
GOOD
GOOD
Operating Cash FlowLast quarter
$-31.9M
$88.2M
Free Cash FlowOCF − Capex
$-35.2M
FCF MarginFCF / Revenue
-72.8%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
16.38×
TTM Free Cash FlowTrailing 4 quarters
$-45.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
GOOD
GOOD
Q4 25
$-31.9M
$88.2M
Q3 25
$9.2M
$18.9M
Q2 25
$-16.3M
$35.8M
Q1 25
$-552.0K
$17.7M
Q4 24
$-8.7M
$57.0M
Q3 24
$14.2M
$5.5M
Q2 24
$-9.1M
$13.6M
Q1 24
$7.2M
$15.0M
Free Cash Flow
FFWM
FFWM
GOOD
GOOD
Q4 25
$-35.2M
Q3 25
$8.6M
Q2 25
$-16.7M
Q1 25
$-2.5M
Q4 24
$-11.4M
Q3 24
$13.4M
Q2 24
$-9.4M
Q1 24
$5.9M
FCF Margin
FFWM
FFWM
GOOD
GOOD
Q4 25
-72.8%
Q3 25
13.5%
Q2 25
-32.4%
Q1 25
-3.5%
Q4 24
-123.5%
Q3 24
146.2%
Q2 24
-16.3%
Q1 24
11.6%
Capex Intensity
FFWM
FFWM
GOOD
GOOD
Q4 25
6.9%
Q3 25
1.0%
Q2 25
0.8%
Q1 25
2.8%
Q4 24
29.4%
Q3 24
9.0%
Q2 24
0.4%
Q1 24
2.5%
Cash Conversion
FFWM
FFWM
GOOD
GOOD
Q4 25
16.38×
Q3 25
4.57×
Q2 25
7.74×
Q1 25
-0.08×
3.44×
Q4 24
7.93×
Q3 24
0.47×
Q2 24
-2.96×
8.44×
Q1 24
9.09×
4.26×

Financial Flow Comparison

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

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