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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and TPG Mortgage Investment Trust, Inc. (MITT). Click either name above to swap in a different company.
TPG Mortgage Investment Trust, Inc. is the larger business by last-quarter revenue ($20.4M vs $18.2M, roughly 1.1× FrontView REIT, Inc.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs 2.2%, a 62.8% gap on every dollar of revenue. On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs 12.0%).
TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.
FVR vs MITT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.2M | $20.4M |
| Net Profit | $400.0K | $13.3M |
| Gross Margin | — | — |
| Operating Margin | 24.9% | 67.1% |
| Net Margin | 2.2% | 65.0% |
| Revenue YoY | 12.0% | 17.7% |
| Net Profit YoY | — | -7.0% |
| EPS (diluted) | — | $0.27 |
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.
| Q1 26 | $18.2M | — | ||
| Q4 25 | $16.5M | $20.4M | ||
| Q3 25 | $16.8M | $19.5M | ||
| Q2 25 | $17.6M | $17.8M | ||
| Q1 25 | $16.2M | $18.8M | ||
| Q4 24 | — | $17.4M | ||
| Q3 24 | $14.5M | $14.9M | ||
| Q2 24 | — | $16.4M |
| Q1 26 | $400.0K | — | ||
| Q4 25 | $-4.1M | $13.3M | ||
| Q3 25 | $4.0M | $20.0M | ||
| Q2 25 | $-2.9M | $3.9M | ||
| Q1 25 | $-833.0K | $11.5M | ||
| Q4 24 | — | $14.3M | ||
| Q3 24 | $-2.4M | $16.6M | ||
| Q2 24 | — | $3.9M |
| Q1 26 | 24.9% | — | ||
| Q4 25 | — | 67.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 20.9% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 76.7% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 18.4% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | -24.9% | 65.0% | ||
| Q3 25 | 23.9% | 102.5% | ||
| Q2 25 | -16.5% | 22.2% | ||
| Q1 25 | -5.1% | 60.9% | ||
| Q4 24 | — | 82.2% | ||
| Q3 24 | -16.7% | 111.3% | ||
| Q2 24 | — | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.19 | $0.27 | ||
| Q3 25 | $0.19 | $0.47 | ||
| Q2 25 | $-0.16 | $-0.05 | ||
| Q1 25 | $-0.06 | $0.21 | ||
| Q4 24 | — | $0.30 | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | — | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $9.3M | $57.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $514.2M | $560.7M |
| Total Assets | $869.8M | $8.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $9.3M | — | ||
| Q4 25 | $13.5M | $57.8M | ||
| Q3 25 | $19.6M | $59.0M | ||
| Q2 25 | $8.4M | $88.7M | ||
| Q1 25 | $3.3M | $115.5M | ||
| Q4 24 | — | $118.7M | ||
| Q3 24 | — | $102.5M | ||
| Q2 24 | — | $120.9M |
| Q1 26 | — | — | ||
| Q4 25 | $314.3M | — | ||
| Q3 25 | $307.1M | — | ||
| Q2 25 | $316.9M | — | ||
| Q1 25 | $310.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $514.2M | — | ||
| Q4 25 | $391.2M | $560.7M | ||
| Q3 25 | $385.2M | $559.8M | ||
| Q2 25 | $369.9M | $536.4M | ||
| Q1 25 | $324.7M | $543.9M | ||
| Q4 24 | — | $543.4M | ||
| Q3 24 | $1.0K | $540.1M | ||
| Q2 24 | — | $533.5M |
| Q1 26 | $869.8M | — | ||
| Q4 25 | $854.4M | $8.7B | ||
| Q3 25 | $846.8M | $9.0B | ||
| Q2 25 | $856.5M | $7.5B | ||
| Q1 25 | $860.8M | $7.3B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | $1.0K | $7.0B | ||
| Q2 24 | — | $7.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.86× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $59.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 4.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $42.1M | $59.6M | ||
| Q3 25 | $8.3M | $17.4M | ||
| Q2 25 | $9.3M | $11.5M | ||
| Q1 25 | $8.1M | $12.0M | ||
| Q4 24 | — | $55.8M | ||
| Q3 24 | — | $14.5M | ||
| Q2 24 | — | $13.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.48× | ||
| Q3 25 | 2.06× | 0.87× | ||
| Q2 25 | — | 2.92× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 3.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
