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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and Priority Technology Holdings, Inc. (PRTH). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $194.8M, roughly 1.3× FIRST INDUSTRIAL REALTY TRUST INC). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 3.6%, a 72.3% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs 8.8%). Over the past eight quarters, Priority Technology Holdings, Inc.'s revenue compounded faster (9.6% CAGR vs 8.9%).

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.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

FR vs PRTH — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.3× larger
PRTH
$247.1M
$194.8M
FR
Growing faster (revenue YoY)
FR
FR
+1.2% gap
FR
10.0%
8.8%
PRTH
Higher net margin
FR
FR
72.3% more per $
FR
75.9%
3.6%
PRTH
Faster 2-yr revenue CAGR
PRTH
PRTH
Annualised
PRTH
9.6%
8.9%
FR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FR
FR
PRTH
PRTH
Revenue
$194.8M
$247.1M
Net Profit
$147.9M
$8.9M
Gross Margin
Operating Margin
13.6%
Net Margin
75.9%
3.6%
Revenue YoY
10.0%
8.8%
Net Profit YoY
179.7%
23.9%
EPS (diluted)
$1.08
$0.10

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
PRTH
PRTH
Q1 26
$194.8M
Q4 25
$188.4M
$247.1M
Q3 25
$181.4M
$241.4M
Q2 25
$180.2M
$239.8M
Q1 25
$177.1M
$224.6M
Q4 24
$175.6M
$227.1M
Q3 24
$167.6M
$227.0M
Q2 24
$164.1M
$219.9M
Net Profit
FR
FR
PRTH
PRTH
Q1 26
$147.9M
Q4 25
$78.8M
$8.9M
Q3 25
$65.3M
$27.6M
Q2 25
$55.2M
$10.9M
Q1 25
$48.1M
$8.3M
Q4 24
$68.4M
$7.2M
Q3 24
$99.4M
$10.6M
Q2 24
$51.3M
$994.0K
Operating Margin
FR
FR
PRTH
PRTH
Q1 26
Q4 25
34.6%
13.6%
Q3 25
37.0%
15.6%
Q2 25
31.7%
15.6%
Q1 25
31.2%
14.5%
Q4 24
40.1%
15.0%
Q3 24
62.6%
16.8%
Q2 24
31.8%
15.1%
Net Margin
FR
FR
PRTH
PRTH
Q1 26
75.9%
Q4 25
41.8%
3.6%
Q3 25
36.0%
11.4%
Q2 25
30.6%
4.5%
Q1 25
27.2%
3.7%
Q4 24
39.0%
3.2%
Q3 24
59.3%
4.7%
Q2 24
31.3%
0.5%
EPS (diluted)
FR
FR
PRTH
PRTH
Q1 26
$1.08
Q4 25
$0.60
$0.10
Q3 25
$0.49
$0.34
Q2 25
$0.42
$0.14
Q1 25
$0.36
$0.10
Q4 24
$0.51
$-0.05
Q3 24
$0.75
$0.07
Q2 24
$0.39
$-0.23

Balance Sheet & Financial Strength

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

Metric
FR
FR
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$77.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$2.9B
$-100.4M
Total Assets
$5.8B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
PRTH
PRTH
Q1 26
Q4 25
$78.0M
$77.2M
Q3 25
$33.5M
$57.0M
Q2 25
$34.9M
$50.6M
Q1 25
$35.7M
$47.6M
Q4 24
$44.5M
$58.6M
Q3 24
$47.1M
$41.1M
Q2 24
$38.5M
$34.6M
Total Debt
FR
FR
PRTH
PRTH
Q1 26
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Stockholders' Equity
FR
FR
PRTH
PRTH
Q1 26
$2.9B
Q4 25
$2.7B
$-100.4M
Q3 25
$2.7B
$-110.3M
Q2 25
$2.6B
$-146.1M
Q1 25
$2.7B
$-158.3M
Q4 24
$2.7B
$-166.8M
Q3 24
$2.6B
$-165.8M
Q2 24
$2.6B
$-172.1M
Total Assets
FR
FR
PRTH
PRTH
Q1 26
$5.8B
Q4 25
$5.7B
$2.4B
Q3 25
$5.5B
$2.2B
Q2 25
$5.5B
$2.0B
Q1 25
$5.4B
$1.9B
Q4 24
$5.3B
$1.8B
Q3 24
$5.2B
$1.8B
Q2 24
$5.2B
$1.7B

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
PRTH
PRTH
Operating Cash FlowLast quarter
$36.8M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
PRTH
PRTH
Q1 26
Q4 25
$461.3M
$36.8M
Q3 25
$124.6M
$36.1M
Q2 25
$126.1M
$17.1M
Q1 25
$88.6M
$10.0M
Q4 24
$352.5M
$23.8M
Q3 24
$105.5M
$19.8M
Q2 24
$107.7M
$28.7M
Free Cash Flow
FR
FR
PRTH
PRTH
Q1 26
Q4 25
$30.9M
Q3 25
$30.1M
Q2 25
$9.2M
Q1 25
$4.9M
Q4 24
$19.1M
Q3 24
$14.5M
Q2 24
$23.6M
FCF Margin
FR
FR
PRTH
PRTH
Q1 26
Q4 25
12.5%
Q3 25
12.5%
Q2 25
3.8%
Q1 25
2.2%
Q4 24
8.4%
Q3 24
6.4%
Q2 24
10.7%
Capex Intensity
FR
FR
PRTH
PRTH
Q1 26
Q4 25
2.4%
Q3 25
2.5%
Q2 25
3.3%
Q1 25
2.3%
Q4 24
2.0%
Q3 24
2.3%
Q2 24
2.3%
Cash Conversion
FR
FR
PRTH
PRTH
Q1 26
Q4 25
5.85×
4.12×
Q3 25
1.91×
1.31×
Q2 25
2.28×
1.57×
Q1 25
1.84×
1.20×
Q4 24
5.15×
3.29×
Q3 24
1.06×
1.87×
Q2 24
2.10×
28.87×

Financial Flow Comparison

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

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