vs

Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and TRIO-TECH INTERNATIONAL (TRT). Click either name above to swap in a different company.

FrontView REIT, Inc. is the larger business by last-quarter revenue ($18.2M vs $15.6M, roughly 1.2× TRIO-TECH INTERNATIONAL). FrontView REIT, Inc. runs the higher net margin — 2.2% vs 0.8%, a 1.4% gap on every dollar of revenue. On growth, TRIO-TECH INTERNATIONAL posted the faster year-over-year revenue change (81.6% vs 12.0%).

Trio-Tech International is a global provider of semiconductor testing and burn-in solutions, alongside specialized manufacturing services for electronic components. It serves clients across the semiconductor, aerospace, and consumer electronics sectors, with operational footprints spanning North America, Asia, and Europe, delivering custom reliability testing systems and related support services.

FVR vs TRT — Head-to-Head

Bigger by revenue
FVR
FVR
1.2× larger
FVR
$18.2M
$15.6M
TRT
Growing faster (revenue YoY)
TRT
TRT
+69.6% gap
TRT
81.6%
12.0%
FVR
Higher net margin
FVR
FVR
1.4% more per $
FVR
2.2%
0.8%
TRT

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FVR
FVR
TRT
TRT
Revenue
$18.2M
$15.6M
Net Profit
$400.0K
$126.0K
Gross Margin
16.0%
Operating Margin
24.9%
0.6%
Net Margin
2.2%
0.8%
Revenue YoY
12.0%
81.6%
Net Profit YoY
-75.1%
EPS (diluted)
$0.01

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
FVR
FVR
TRT
TRT
Q1 26
$18.2M
Q4 25
$16.5M
$15.6M
Q3 25
$16.8M
$15.5M
Q2 25
$17.6M
$10.7M
Q1 25
$16.2M
$7.4M
Q4 24
$8.6M
Q3 24
$14.5M
$9.8M
Q2 24
$9.7M
Net Profit
FVR
FVR
TRT
TRT
Q1 26
$400.0K
Q4 25
$-4.1M
$126.0K
Q3 25
$4.0M
$77.0K
Q2 25
$-2.9M
$183.0K
Q1 25
$-833.0K
$-495.0K
Q4 24
$507.0K
Q3 24
$-2.4M
$-236.0K
Q2 24
$243.0K
Gross Margin
FVR
FVR
TRT
TRT
Q1 26
Q4 25
16.0%
Q3 25
16.7%
Q2 25
24.6%
Q1 25
26.8%
Q4 24
25.7%
Q3 24
23.7%
Q2 24
27.5%
Operating Margin
FVR
FVR
TRT
TRT
Q1 26
24.9%
Q4 25
0.6%
Q3 25
0.3%
Q2 25
4.4%
Q1 25
-4.6%
Q4 24
-0.0%
Q3 24
1.4%
Q2 24
3.7%
Net Margin
FVR
FVR
TRT
TRT
Q1 26
2.2%
Q4 25
-24.9%
0.8%
Q3 25
23.9%
0.5%
Q2 25
-16.5%
1.7%
Q1 25
-5.1%
-6.7%
Q4 24
5.9%
Q3 24
-16.7%
-2.4%
Q2 24
2.5%
EPS (diluted)
FVR
FVR
TRT
TRT
Q1 26
Q4 25
$-0.19
$0.01
Q3 25
$0.19
$0.02
Q2 25
$-0.16
$0.11
Q1 25
$-0.06
$-0.12
Q4 24
$0.06
Q3 24
$-0.06
Q2 24
$0.05

Balance Sheet & Financial Strength

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

Metric
FVR
FVR
TRT
TRT
Cash + ST InvestmentsLiquidity on hand
$9.3M
$16.5M
Total DebtLower is stronger
$581.0K
Stockholders' EquityBook value
$514.2M
$33.5M
Total Assets
$869.8M
$45.7M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
TRT
TRT
Q1 26
$9.3M
Q4 25
$13.5M
$16.5M
Q3 25
$19.6M
$17.4M
Q2 25
$8.4M
$16.7M
Q1 25
$3.3M
$17.6M
Q4 24
$16.5M
Q3 24
$15.5M
Q2 24
$16.5M
Total Debt
FVR
FVR
TRT
TRT
Q1 26
Q4 25
$314.3M
$581.0K
Q3 25
$307.1M
$622.0K
Q2 25
$316.9M
$684.0K
Q1 25
$310.2M
$729.0K
Q4 24
$782.0K
Q3 24
$923.0K
Q2 24
$874.0K
Stockholders' Equity
FVR
FVR
TRT
TRT
Q1 26
$514.2M
Q4 25
$391.2M
$33.5M
Q3 25
$385.2M
$34.1M
Q2 25
$369.9M
$34.0M
Q1 25
$324.7M
$32.3M
Q4 24
$31.8M
Q3 24
$1.0K
$33.1M
Q2 24
$31.3M
Total Assets
FVR
FVR
TRT
TRT
Q1 26
$869.8M
Q4 25
$854.4M
$45.7M
Q3 25
$846.8M
$47.4M
Q2 25
$856.5M
$41.1M
Q1 25
$860.8M
$40.0M
Q4 24
$39.8M
Q3 24
$1.0K
$42.9M
Q2 24
$42.5M
Debt / Equity
FVR
FVR
TRT
TRT
Q1 26
Q4 25
0.80×
0.02×
Q3 25
0.80×
0.02×
Q2 25
0.86×
0.02×
Q1 25
0.96×
0.02×
Q4 24
0.02×
Q3 24
0.03×
Q2 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
FVR
FVR
TRT
TRT
Operating Cash FlowLast quarter
$134.0K
Free Cash FlowOCF − Capex
$-152.0K
FCF MarginFCF / Revenue
-1.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$137.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
TRT
TRT
Q1 26
Q4 25
$42.1M
$134.0K
Q3 25
$8.3M
$933.0K
Q2 25
$9.3M
$-664.0K
Q1 25
$8.1M
$781.0K
Q4 24
$2.1M
Q3 24
$-1.9M
Q2 24
$199.0K
Free Cash Flow
FVR
FVR
TRT
TRT
Q1 26
Q4 25
$-152.0K
Q3 25
$887.0K
Q2 25
$-1.2M
Q1 25
$623.0K
Q4 24
$1.9M
Q3 24
$-1.9M
Q2 24
$-135.0K
FCF Margin
FVR
FVR
TRT
TRT
Q1 26
Q4 25
-1.0%
Q3 25
5.7%
Q2 25
-11.4%
Q1 25
8.4%
Q4 24
22.4%
Q3 24
-19.7%
Q2 24
-1.4%
Capex Intensity
FVR
FVR
TRT
TRT
Q1 26
Q4 25
1.8%
Q3 25
0.3%
Q2 25
5.2%
Q1 25
2.1%
Q4 24
2.1%
Q3 24
0.7%
Q2 24
3.4%
Cash Conversion
FVR
FVR
TRT
TRT
Q1 26
Q4 25
1.06×
Q3 25
2.06×
12.12×
Q2 25
-3.63×
Q1 25
Q4 24
4.16×
Q3 24
Q2 24
0.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FVR
FVR

Segment breakdown not available.

TRT
TRT

Semiconductor Backend Solutions$12.4M79%
Industrial Electronics$3.3M21%

Related Comparisons