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Side-by-side financial comparison of GAIA, INC (GAIA) and KKR Real Estate Finance Trust Inc. (KREF). Click either name above to swap in a different company.
KKR Real Estate Finance Trust Inc. is the larger business by last-quarter revenue ($25.8M vs $25.5M, roughly 1.0× GAIA, INC). GAIA, INC runs the higher net margin — -0.3% vs -101.7%, a 101.5% gap on every dollar of revenue. On growth, GAIA, INC posted the faster year-over-year revenue change (5.8% vs -26.6%). Over the past eight quarters, GAIA, INC's revenue compounded faster (9.4% CAGR vs -18.8%).
Gaia, Inc. is a publicly traded (NASDAQ:GAIA) American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, a subscription video on-demand service consisting of original and licensed alternative media documentaries, including those on wellness, spirituality and conspiracy theories.
KKR Real Estate Finance Trust Inc. is a specialized real estate finance firm sponsored by global investment firm KKR. It primarily originates, acquires, and manages a portfolio of senior secured commercial real estate loans, mostly backed by high-quality institutional commercial properties across the United States, delivering stable risk-adjusted returns to investors via interest income from its diversified assets.
GAIA vs KREF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.5M | $25.8M |
| Net Profit | $-75.0K | $-26.2M |
| Gross Margin | 87.6% | — |
| Operating Margin | -2.6% | -105.1% |
| Net Margin | -0.3% | -101.7% |
| Revenue YoY | 5.8% | -26.6% |
| Net Profit YoY | 91.7% | -229.6% |
| EPS (diluted) | $-0.02 | $-0.49 |
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 | $25.5M | $25.8M | ||
| Q3 25 | $25.0M | $25.3M | ||
| Q2 25 | $24.6M | $30.2M | ||
| Q1 25 | $23.8M | $31.3M | ||
| Q4 24 | $24.1M | $35.1M | ||
| Q3 24 | $22.0M | $37.0M | ||
| Q2 24 | $21.9M | $40.4M | ||
| Q1 24 | $21.3M | $39.1M |
| Q4 25 | $-75.0K | $-26.2M | ||
| Q3 25 | $-1.2M | $13.8M | ||
| Q2 25 | $-2.0M | $-29.7M | ||
| Q1 25 | $-1.2M | $-4.9M | ||
| Q4 24 | $-907.0K | $20.3M | ||
| Q3 24 | $-1.2M | $-7.4M | ||
| Q2 24 | $-2.2M | $25.8M | ||
| Q1 24 | $-971.0K | $-3.1M |
| Q4 25 | 87.6% | — | ||
| Q3 25 | 86.4% | — | ||
| Q2 25 | 86.7% | — | ||
| Q1 25 | 87.7% | — | ||
| Q4 24 | 88.2% | — | ||
| Q3 24 | 86.1% | — | ||
| Q2 24 | 84.5% | — | ||
| Q1 24 | 85.3% | — |
| Q4 25 | -2.6% | -105.1% | ||
| Q3 25 | -5.0% | 50.4% | ||
| Q2 25 | -8.9% | -101.3% | ||
| Q1 25 | -4.3% | -18.3% | ||
| Q4 24 | -7.1% | 55.8% | ||
| Q3 24 | -5.3% | -19.6% | ||
| Q2 24 | -9.1% | 63.3% | ||
| Q1 24 | -4.0% | -8.7% |
| Q4 25 | -0.3% | -101.7% | ||
| Q3 25 | -4.6% | 54.4% | ||
| Q2 25 | -8.3% | -98.5% | ||
| Q1 25 | -5.1% | -15.5% | ||
| Q4 24 | -3.8% | 57.7% | ||
| Q3 24 | -5.4% | -20.0% | ||
| Q2 24 | -9.9% | 63.9% | ||
| Q1 24 | -4.6% | -7.9% |
| Q4 25 | $-0.02 | $-0.49 | ||
| Q3 25 | $-0.05 | $0.12 | ||
| Q2 25 | $-0.07 | $-0.53 | ||
| Q1 25 | $-0.04 | $-0.15 | ||
| Q4 24 | $-0.03 | $0.22 | ||
| Q3 24 | $-0.05 | $-0.19 | ||
| Q2 24 | $-0.09 | $0.29 | ||
| Q1 24 | $-0.05 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.5M | $84.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $87.9M | $1.2B |
| Total Assets | $154.6M | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.5M | $84.6M | ||
| Q3 25 | $14.2M | $204.1M | ||
| Q2 25 | $13.9M | $107.7M | ||
| Q1 25 | $13.1M | $106.4M | ||
| Q4 24 | $5.9M | $104.9M | ||
| Q3 24 | $4.4M | $108.8M | ||
| Q2 24 | $5.5M | $107.2M | ||
| Q1 24 | $8.6M | $106.5M |
| Q4 25 | $87.9M | $1.2B | ||
| Q3 25 | $86.3M | $1.2B | ||
| Q2 25 | $85.7M | $1.2B | ||
| Q1 25 | $87.0M | $1.3B | ||
| Q4 24 | $80.7M | $1.3B | ||
| Q3 24 | $81.2M | $1.4B | ||
| Q2 24 | $82.1M | $1.4B | ||
| Q1 24 | $84.8M | $1.4B |
| Q4 25 | $154.6M | $6.5B | ||
| Q3 25 | $151.1M | $6.5B | ||
| Q2 25 | $147.0M | $6.8B | ||
| Q1 25 | $148.5M | $6.6B | ||
| Q4 24 | $141.2M | $6.4B | ||
| Q3 24 | $139.6M | $6.8B | ||
| Q2 24 | $142.1M | $7.1B | ||
| Q1 24 | $133.8M | $7.3B |
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 | $1.8M | $72.3M |
| Free Cash FlowOCF − Capex | $76.0K | — |
| FCF MarginFCF / Revenue | 0.3% | — |
| Capex IntensityCapex / Revenue | 6.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-377.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8M | $72.3M | ||
| Q3 25 | $326.0K | $18.5M | ||
| Q2 25 | $2.3M | $21.1M | ||
| Q1 25 | $1.3M | $15.9M | ||
| Q4 24 | $2.7M | $132.6M | ||
| Q3 24 | $409.0K | $49.1M | ||
| Q2 24 | $-2.1M | $30.6M | ||
| Q1 24 | $5.9M | $34.5M |
| Q4 25 | $76.0K | — | ||
| Q3 25 | $-1.6M | — | ||
| Q2 25 | $880.0K | — | ||
| Q1 25 | $268.0K | — | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $-952.0K | — | ||
| Q2 24 | $-3.5M | — | ||
| Q1 24 | $4.9M | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | -6.4% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | -4.3% | — | ||
| Q2 24 | -16.1% | — | ||
| Q1 24 | 22.8% | — |
| Q4 25 | 6.6% | — | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 5.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GAIA
| US | $16.7M | 65% |
| Non Us | $8.8M | 35% |
KREF
Segment breakdown not available.
