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Side-by-side financial comparison of FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) and Hudson Pacific Properties, Inc. (HPP). Click either name above to swap in a different company.
FLAGSTAR BANK, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($498.0M vs $256.0M, roughly 1.9× Hudson Pacific Properties, Inc.). FLAGSTAR BANK, NATIONAL ASSOCIATION runs the higher net margin — 4.2% vs -109.4%, a 113.6% gap on every dollar of revenue. On growth, Hudson Pacific Properties, Inc. posted the faster year-over-year revenue change (22.1% vs 1.6%). Over the past eight quarters, Hudson Pacific Properties, Inc.'s revenue compounded faster (13.0% CAGR vs -18.0%).
Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...
Hudson Pacific Properties is a real estate investment trust with 15.8 million square feet of office buildings, 1.5 million square feet of sound stages, and undeveloped rights for 3 million square feet of additional commercial property. Its properties are on the West Coast of the United States and Vancouver. It is organized in Maryland and headquartered in Los Angeles. It is the largest independent operator of sound stages in Los Angeles.
FLG vs HPP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $498.0M | $256.0M |
| Net Profit | $21.0M | $-280.2M |
| Gross Margin | — | — |
| Operating Margin | 11.4% | 18.6% |
| Net Margin | 4.2% | -109.4% |
| Revenue YoY | 1.6% | 22.1% |
| Net Profit YoY | -38.1% | -61.5% |
| EPS (diluted) | $0.03 | — |
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.
| Q3 26 | — | $256.0M | ||
| Q1 26 | $498.0M | $181.9M | ||
| Q4 25 | — | $256.0M | ||
| Q3 25 | $425.0M | $186.6M | ||
| Q2 25 | $419.0M | $190.0M | ||
| Q1 25 | — | $198.5M | ||
| Q4 24 | $461.0M | $209.7M | ||
| Q3 24 | $510.0M | $200.4M |
| Q3 26 | — | $-280.2M | ||
| Q1 26 | $21.0M | $-50.9M | ||
| Q4 25 | — | $-280.2M | ||
| Q3 25 | $-36.0M | $-144.1M | ||
| Q2 25 | $-70.0M | $-87.8M | ||
| Q1 25 | — | $-80.3M | ||
| Q4 24 | $-188.0M | $-173.5M | ||
| Q3 24 | $-280.0M | $-107.0M |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 60.0% | ||
| Q3 25 | — | 44.3% | ||
| Q2 25 | — | 43.1% | ||
| Q1 25 | — | 42.9% | ||
| Q4 24 | — | 44.7% | ||
| Q3 24 | — | 42.7% |
| Q3 26 | — | 18.6% | ||
| Q1 26 | 11.4% | -7.1% | ||
| Q4 25 | — | -109.8% | ||
| Q3 25 | -9.6% | -77.2% | ||
| Q2 25 | -19.3% | -46.0% | ||
| Q1 25 | — | -40.4% | ||
| Q4 24 | -51.6% | -83.2% | ||
| Q3 24 | -65.7% | -52.3% |
| Q3 26 | — | -109.4% | ||
| Q1 26 | 4.2% | -28.0% | ||
| Q4 25 | — | -109.4% | ||
| Q3 25 | -8.5% | -77.2% | ||
| Q2 25 | -16.7% | -46.2% | ||
| Q1 25 | — | -40.5% | ||
| Q4 24 | -40.8% | -82.7% | ||
| Q3 24 | -54.9% | -53.4% |
| Q3 26 | — | — | ||
| Q1 26 | $0.03 | — | ||
| Q4 25 | — | $-11.57 | ||
| Q3 25 | $-0.11 | $-0.30 | ||
| Q2 25 | $-0.19 | $-0.41 | ||
| Q1 25 | — | $-0.53 | ||
| Q4 24 | $-1.11 | $-1.19 | ||
| Q3 24 | $-0.79 | $-0.69 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $138.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.1B | $3.2B |
| Total Assets | $87.1B | $7.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 26 | — | $138.4M | ||
| Q1 26 | — | $138.0M | ||
| Q4 25 | — | $138.4M | ||
| Q3 25 | $23.6B | $190.4M | ||
| Q2 25 | $22.9B | $236.0M | ||
| Q1 25 | — | $86.5M | ||
| Q4 24 | $25.8B | $63.3M | ||
| Q3 24 | $33.6B | $90.7M |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $13.2B | — | ||
| Q2 25 | $13.2B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $14.4B | — | ||
| Q3 24 | $20.3B | — |
| Q3 26 | — | $3.2B | ||
| Q1 26 | $8.1B | $3.1B | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | $8.1B | $3.2B | ||
| Q2 25 | $8.1B | $3.4B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $8.2B | $2.9B | ||
| Q3 24 | $8.6B | $3.0B |
| Q3 26 | — | $7.3B | ||
| Q1 26 | $87.1B | $7.2B | ||
| Q4 25 | — | $7.3B | ||
| Q3 25 | $91.7B | $7.8B | ||
| Q2 25 | $92.2B | $8.1B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | $100.2B | $8.1B | ||
| Q3 24 | $114.4B | $8.3B |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 2.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLG
Segment breakdown not available.
HPP
| Rental revenues | $216.8M | 85% |
| Other | $35.6M | 14% |
| Service and other revenues | $3.7M | 1% |
