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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and Knowles Corp (KN). Click either name above to swap in a different company.

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $153.1M, roughly 1.3× Knowles Corp). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 6.3%, a 69.6% gap on every dollar of revenue. On growth, Knowles Corp posted the faster year-over-year revenue change (22.7% vs 10.0%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% CAGR vs -13.5%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

Knowles Corporation is a global leading designer and manufacturer of advanced micro-acoustic, audio processing, and precision component solutions. It serves core segments including consumer electronics, automotive, medical technology, and industrial markets, offering products such as MEMS microphones, hearing aid components, and edge audio processing ICs to worldwide clients.

FR vs KN — Head-to-Head

Bigger by revenue
FR
FR
1.3× larger
FR
$194.8M
$153.1M
KN
Growing faster (revenue YoY)
KN
KN
+12.7% gap
KN
22.7%
10.0%
FR
Higher net margin
FR
FR
69.6% more per $
FR
75.9%
6.3%
KN
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
-13.5%
KN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FR
FR
KN
KN
Revenue
$194.8M
$153.1M
Net Profit
$147.9M
$9.7M
Gross Margin
43.8%
Operating Margin
10.4%
Net Margin
75.9%
6.3%
Revenue YoY
10.0%
22.7%
Net Profit YoY
179.7%
585.0%
EPS (diluted)
$1.08
$0.13

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
FR
FR
KN
KN
Q1 26
$194.8M
$153.1M
Q4 25
$188.4M
$162.2M
Q3 25
$181.4M
$152.9M
Q2 25
$180.2M
$145.9M
Q1 25
$177.1M
$132.2M
Q4 24
$175.6M
$142.5M
Q3 24
$167.6M
$142.5M
Q2 24
$164.1M
$204.7M
Net Profit
FR
FR
KN
KN
Q1 26
$147.9M
$9.7M
Q4 25
$78.8M
$21.0M
Q3 25
$65.3M
$17.4M
Q2 25
$55.2M
$7.8M
Q1 25
$48.1M
$-2.0M
Q4 24
$68.4M
$18.5M
Q3 24
$99.4M
$500.0K
Q2 24
$51.3M
$-259.3M
Gross Margin
FR
FR
KN
KN
Q1 26
43.8%
Q4 25
44.7%
Q3 25
45.7%
Q2 25
41.5%
Q1 25
40.3%
Q4 24
42.7%
Q3 24
44.1%
Q2 24
28.2%
Operating Margin
FR
FR
KN
KN
Q1 26
10.4%
Q4 25
34.6%
15.9%
Q3 25
37.0%
16.9%
Q2 25
31.7%
10.1%
Q1 25
31.2%
3.0%
Q4 24
40.1%
10.8%
Q3 24
62.6%
13.1%
Q2 24
31.8%
6.2%
Net Margin
FR
FR
KN
KN
Q1 26
75.9%
6.3%
Q4 25
41.8%
12.9%
Q3 25
36.0%
11.4%
Q2 25
30.6%
5.3%
Q1 25
27.2%
-1.5%
Q4 24
39.0%
13.0%
Q3 24
59.3%
0.4%
Q2 24
31.3%
-126.7%
EPS (diluted)
FR
FR
KN
KN
Q1 26
$1.08
$0.13
Q4 25
$0.60
$0.23
Q3 25
$0.49
$0.20
Q2 25
$0.42
$0.09
Q1 25
$0.36
$-0.02
Q4 24
$0.51
$0.20
Q3 24
$0.75
$0.01
Q2 24
$0.39
$-2.88

Balance Sheet & Financial Strength

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

Metric
FR
FR
KN
KN
Cash + ST InvestmentsLiquidity on hand
$41.0M
Total DebtLower is stronger
$131.0M
Stockholders' EquityBook value
$2.9B
$780.2M
Total Assets
$5.8B
$1.1B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
KN
KN
Q1 26
$41.0M
Q4 25
$78.0M
$54.2M
Q3 25
$33.5M
$92.5M
Q2 25
$34.9M
$103.2M
Q1 25
$35.7M
$101.9M
Q4 24
$44.5M
$130.1M
Q3 24
$47.1M
$92.6M
Q2 24
$38.5M
$84.0M
Total Debt
FR
FR
KN
KN
Q1 26
$131.0M
Q4 25
$114.0M
Q3 25
$176.3M
Q2 25
$190.0M
Q1 25
$188.8M
Q4 24
$202.5M
Q3 24
$225.0M
Q2 24
$261.2M
Stockholders' Equity
FR
FR
KN
KN
Q1 26
$2.9B
$780.2M
Q4 25
$2.7B
$775.8M
Q3 25
$2.7B
$751.8M
Q2 25
$2.6B
$746.1M
Q1 25
$2.7B
$755.8M
Q4 24
$2.7B
$756.0M
Q3 24
$2.6B
$777.4M
Q2 24
$2.6B
$753.0M
Total Assets
FR
FR
KN
KN
Q1 26
$5.8B
$1.1B
Q4 25
$5.7B
$1.1B
Q3 25
$5.5B
$1.1B
Q2 25
$5.5B
$1.1B
Q1 25
$5.4B
$1.1B
Q4 24
$5.3B
$1.1B
Q3 24
$5.2B
$1.2B
Q2 24
$5.2B
$1.2B
Debt / Equity
FR
FR
KN
KN
Q1 26
0.17×
Q4 25
0.15×
Q3 25
0.23×
Q2 25
0.25×
Q1 25
0.25×
Q4 24
0.27×
Q3 24
0.29×
Q2 24
0.35×

Cash Flow & Capital Efficiency

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

Metric
FR
FR
KN
KN
Operating Cash FlowLast quarter
$0
Free Cash FlowOCF − Capex
$-3.1M
FCF MarginFCF / Revenue
-2.0%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
KN
KN
Q1 26
$0
Q4 25
$461.3M
Q3 25
$124.6M
$29.1M
Q2 25
$126.1M
$36.4M
Q1 25
$88.6M
$1.3M
Q4 24
$352.5M
Q3 24
$105.5M
$52.8M
Q2 24
$107.7M
$24.9M
Free Cash Flow
FR
FR
KN
KN
Q1 26
$-3.1M
Q4 25
Q3 25
$21.4M
Q2 25
$31.3M
Q1 25
$-2.7M
Q4 24
Q3 24
$49.1M
Q2 24
$21.7M
FCF Margin
FR
FR
KN
KN
Q1 26
-2.0%
Q4 25
Q3 25
14.0%
Q2 25
21.5%
Q1 25
-2.0%
Q4 24
Q3 24
34.5%
Q2 24
10.6%
Capex Intensity
FR
FR
KN
KN
Q1 26
7.1%
Q4 25
9.4%
Q3 25
5.0%
Q2 25
3.5%
Q1 25
3.0%
Q4 24
2.3%
Q3 24
2.6%
Q2 24
1.6%
Cash Conversion
FR
FR
KN
KN
Q1 26
0.00×
Q4 25
5.85×
Q3 25
1.91×
1.67×
Q2 25
2.28×
4.67×
Q1 25
1.84×
Q4 24
5.15×
Q3 24
1.06×
105.60×
Q2 24
2.10×

Financial Flow Comparison

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

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