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Side-by-side financial comparison of First Bancorp, Inc (FNLC) and GLADSTONE COMMERCIAL CORP (GOOD). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($43.5M vs $25.8M, roughly 1.7× First Bancorp, Inc). First Bancorp, Inc runs the higher net margin — 39.4% vs 12.4%, a 27.0% gap on every dollar of revenue. On growth, First Bancorp, Inc posted the faster year-over-year revenue change (17.5% vs 16.3%). Over the past eight quarters, First Bancorp, Inc's revenue compounded faster (18.1% CAGR vs 10.3%).
Patriot Bank, N.A. (PNBK) is the bank holding company for Stamford, Connecticut-based Patriot Bank NA, and is traded on NASDAQ as PNBK.
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.
FNLC vs GOOD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.8M | $43.5M |
| Net Profit | $10.2M | $5.4M |
| Gross Margin | — | — |
| Operating Margin | 48.1% | — |
| Net Margin | 39.4% | 12.4% |
| Revenue YoY | 17.5% | 16.3% |
| Net Profit YoY | 39.7% | -25.1% |
| EPS (diluted) | $0.91 | $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.
| Q4 25 | $25.8M | $43.5M | ||
| Q3 25 | $24.5M | $40.8M | ||
| Q2 25 | $22.5M | $39.5M | ||
| Q1 25 | $21.8M | $37.5M | ||
| Q4 24 | $22.0M | $37.4M | ||
| Q3 24 | $20.5M | $39.2M | ||
| Q2 24 | $19.2M | $37.1M | ||
| Q1 24 | $18.5M | $35.7M |
| Q4 25 | $10.2M | $5.4M | ||
| Q3 25 | $9.1M | $4.1M | ||
| Q2 25 | $8.1M | $4.6M | ||
| Q1 25 | $7.1M | $5.1M | ||
| Q4 24 | $7.3M | $7.2M | ||
| Q3 24 | $7.6M | $11.7M | ||
| Q2 24 | $6.2M | $1.6M | ||
| Q1 24 | $6.0M | $3.5M |
| Q4 25 | 48.1% | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | 43.7% | — | ||
| Q1 25 | 39.3% | — | ||
| Q4 24 | 39.5% | — | ||
| Q3 24 | 44.6% | — | ||
| Q2 24 | 38.8% | — | ||
| Q1 24 | 39.3% | — |
| Q4 25 | 39.4% | 12.4% | ||
| Q3 25 | 37.0% | 10.1% | ||
| Q2 25 | 35.8% | 11.7% | ||
| Q1 25 | 32.5% | 13.7% | ||
| Q4 24 | 33.1% | 19.2% | ||
| Q3 24 | 36.9% | 29.8% | ||
| Q2 24 | 32.1% | 4.3% | ||
| Q1 24 | 32.5% | 9.9% |
| Q4 25 | $0.91 | $0.05 | ||
| Q3 25 | $0.81 | $0.02 | ||
| Q2 25 | $0.72 | $0.03 | ||
| Q1 25 | $0.63 | $0.04 | ||
| Q4 24 | $0.66 | $0.10 | ||
| Q3 24 | $0.68 | $0.20 | ||
| Q2 24 | $0.55 | $-0.04 | ||
| Q1 24 | $0.54 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $10.8M |
| Total DebtLower is stronger | $95.5M | $843.5M |
| Stockholders' EquityBook value | $283.1M | $171.8M |
| Total Assets | $3.2B | $1.2B |
| Debt / EquityLower = less leverage | 0.34× | 4.91× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $10.8M | ||
| Q3 25 | — | $18.4M | ||
| Q2 25 | — | $11.7M | ||
| Q1 25 | — | $10.4M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | — | $10.5M | ||
| Q2 24 | — | $10.4M | ||
| Q1 24 | — | $10.5M |
| Q4 25 | $95.5M | $843.5M | ||
| Q3 25 | $95.5M | $843.3M | ||
| Q2 25 | $95.0M | $794.4M | ||
| Q1 25 | $70.0M | $740.7M | ||
| Q4 24 | $95.0M | $693.4M | ||
| Q3 24 | $95.0M | $692.6M | ||
| Q2 24 | $70.0M | $722.5M | ||
| Q1 24 | $70.0M | $719.4M |
| Q4 25 | $283.1M | $171.8M | ||
| Q3 25 | $274.6M | $184.8M | ||
| Q2 25 | $265.5M | $177.2M | ||
| Q1 25 | $259.7M | $183.2M | ||
| Q4 24 | $252.5M | $171.2M | ||
| Q3 24 | $256.8M | $168.9M | ||
| Q2 24 | $244.7M | $145.7M | ||
| Q1 24 | $242.6M | $147.3M |
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.2B | $1.3B | ||
| Q2 25 | $3.2B | $1.2B | ||
| Q1 25 | $3.2B | $1.2B | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | $3.1B | $1.1B | ||
| Q2 24 | $3.1B | $1.1B | ||
| Q1 24 | $3.0B | $1.1B |
| Q4 25 | 0.34× | 4.91× | ||
| Q3 25 | 0.35× | 4.56× | ||
| Q2 25 | 0.36× | 4.48× | ||
| Q1 25 | 0.27× | 4.04× | ||
| Q4 24 | 0.38× | 4.05× | ||
| Q3 24 | 0.37× | 4.10× | ||
| Q2 24 | 0.29× | 4.96× | ||
| Q1 24 | 0.29× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $37.8M | $88.2M |
| Free Cash FlowOCF − Capex | $34.6M | — |
| FCF MarginFCF / Revenue | 133.9% | — |
| Capex IntensityCapex / Revenue | 12.5% | — |
| Cash ConversionOCF / Net Profit | 3.72× | 16.38× |
| TTM Free Cash FlowTrailing 4 quarters | $55.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $37.8M | $88.2M | ||
| Q3 25 | $12.9M | $18.9M | ||
| Q2 25 | $7.4M | $35.8M | ||
| Q1 25 | $2.2M | $17.7M | ||
| Q4 24 | $26.0M | $57.0M | ||
| Q3 24 | $9.8M | $5.5M | ||
| Q2 24 | $6.4M | $13.6M | ||
| Q1 24 | $-1.5M | $15.0M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $12.6M | — | ||
| Q2 25 | $7.2M | — | ||
| Q1 25 | $828.0K | — | ||
| Q4 24 | $24.6M | — | ||
| Q3 24 | $9.6M | — | ||
| Q2 24 | $6.3M | — | ||
| Q1 24 | $-1.8M | — |
| Q4 25 | 133.9% | — | ||
| Q3 25 | 51.4% | — | ||
| Q2 25 | 32.1% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 111.7% | — | ||
| Q3 24 | 47.0% | — | ||
| Q2 24 | 32.9% | — | ||
| Q1 24 | -9.8% | — |
| Q4 25 | 12.5% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 6.2% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.8% | — |
| Q4 25 | 3.72× | 16.38× | ||
| Q3 25 | 1.42× | 4.57× | ||
| Q2 25 | 0.91× | 7.74× | ||
| Q1 25 | 0.31× | 3.44× | ||
| Q4 24 | 3.58× | 7.93× | ||
| Q3 24 | 1.29× | 0.47× | ||
| Q2 24 | 1.03× | 8.44× | ||
| Q1 24 | -0.25× | 4.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
