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Side-by-side financial comparison of GAIA, INC (GAIA) and Whitestone REIT (WSR). Click either name above to swap in a different company.
Whitestone REIT is the larger business by last-quarter revenue ($43.9M vs $25.5M, roughly 1.7× GAIA, INC). Whitestone REIT runs the higher net margin — 52.0% vs -0.3%, a 52.3% gap on every dollar of revenue. On growth, Whitestone REIT posted the faster year-over-year revenue change (7.5% vs 5.8%). Whitestone REIT produced more free cash flow last quarter ($50.5M vs $76.0K). Over the past eight quarters, GAIA, INC's revenue compounded faster (9.4% CAGR vs 8.7%).
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.
Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.
GAIA vs WSR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.5M | $43.9M |
| Net Profit | $-75.0K | $22.8M |
| Gross Margin | 87.6% | — |
| Operating Margin | -2.6% | 53.0% |
| Net Margin | -0.3% | 52.0% |
| Revenue YoY | 5.8% | 7.5% |
| Net Profit YoY | 91.7% | 31.7% |
| EPS (diluted) | $-0.02 | $0.43 |
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 | $43.9M | ||
| Q3 25 | $25.0M | $41.0M | ||
| Q2 25 | $24.6M | $37.9M | ||
| Q1 25 | $23.8M | $38.0M | ||
| Q4 24 | $24.1M | $40.8M | ||
| Q3 24 | $22.0M | $38.6M | ||
| Q2 24 | $21.9M | $37.6M | ||
| Q1 24 | $21.3M | $37.2M |
| Q4 25 | $-75.0K | $22.8M | ||
| Q3 25 | $-1.2M | $18.3M | ||
| Q2 25 | $-2.0M | $5.1M | ||
| Q1 25 | $-1.2M | $3.7M | ||
| Q4 24 | $-907.0K | $17.3M | ||
| Q3 24 | $-1.2M | $7.6M | ||
| Q2 24 | $-2.2M | $2.6M | ||
| Q1 24 | $-971.0K | $9.3M |
| 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% | 53.0% | ||
| Q3 25 | -5.0% | 45.5% | ||
| Q2 25 | -8.9% | 13.8% | ||
| Q1 25 | -4.3% | 10.2% | ||
| Q4 24 | -7.1% | 43.3% | ||
| Q3 24 | -5.3% | 20.3% | ||
| Q2 24 | -9.1% | 7.2% | ||
| Q1 24 | -4.0% | 25.9% |
| Q4 25 | -0.3% | 52.0% | ||
| Q3 25 | -4.6% | 44.7% | ||
| Q2 25 | -8.3% | 13.3% | ||
| Q1 25 | -5.1% | 9.7% | ||
| Q4 24 | -3.8% | 42.5% | ||
| Q3 24 | -5.4% | 19.7% | ||
| Q2 24 | -9.9% | 6.9% | ||
| Q1 24 | -4.6% | 25.1% |
| Q4 25 | $-0.02 | $0.43 | ||
| Q3 25 | $-0.05 | $0.35 | ||
| Q2 25 | $-0.07 | $0.10 | ||
| Q1 25 | $-0.04 | $0.07 | ||
| Q4 24 | $-0.03 | $0.34 | ||
| Q3 24 | $-0.05 | $0.15 | ||
| Q2 24 | $-0.09 | $0.05 | ||
| Q1 24 | $-0.05 | $0.18 |
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 | $4.9M |
| Total DebtLower is stronger | — | $649.4M |
| Stockholders' EquityBook value | $87.9M | $458.1M |
| Total Assets | $154.6M | $1.2B |
| Debt / EquityLower = less leverage | — | 1.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.5M | $4.9M | ||
| Q3 25 | $14.2M | $6.8M | ||
| Q2 25 | $13.9M | $5.3M | ||
| Q1 25 | $13.1M | $5.6M | ||
| Q4 24 | $5.9M | $5.2M | ||
| Q3 24 | $4.4M | $2.5M | ||
| Q2 24 | $5.5M | $3.2M | ||
| Q1 24 | $8.6M | $6.2M |
| Q4 25 | — | $649.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $632.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $87.9M | $458.1M | ||
| Q3 25 | $86.3M | $439.5M | ||
| Q2 25 | $85.7M | $427.5M | ||
| Q1 25 | $87.0M | $431.0M | ||
| Q4 24 | $80.7M | $438.2M | ||
| Q3 24 | $81.2M | $419.5M | ||
| Q2 24 | $82.1M | $418.3M | ||
| Q1 24 | $84.8M | $421.6M |
| Q4 25 | $154.6M | $1.2B | ||
| Q3 25 | $151.1M | $1.1B | ||
| Q2 25 | $147.0M | $1.2B | ||
| Q1 25 | $148.5M | $1.1B | ||
| Q4 24 | $141.2M | $1.1B | ||
| Q3 24 | $139.6M | $1.1B | ||
| Q2 24 | $142.1M | $1.1B | ||
| Q1 24 | $133.8M | $1.1B |
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $1.8M | $50.8M |
| Free Cash FlowOCF − Capex | $76.0K | $50.5M |
| FCF MarginFCF / Revenue | 0.3% | 114.9% |
| Capex IntensityCapex / Revenue | 6.6% | 0.7% |
| Cash ConversionOCF / Net Profit | — | 2.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-377.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8M | $50.8M | ||
| Q3 25 | $326.0K | $18.0M | ||
| Q2 25 | $2.3M | $13.8M | ||
| Q1 25 | $1.3M | $3.1M | ||
| Q4 24 | $2.7M | $58.2M | ||
| Q3 24 | $409.0K | $16.4M | ||
| Q2 24 | $-2.1M | $12.3M | ||
| Q1 24 | $5.9M | $11.5M |
| Q4 25 | $76.0K | $50.5M | ||
| Q3 25 | $-1.6M | — | ||
| Q2 25 | $880.0K | — | ||
| Q1 25 | $268.0K | — | ||
| Q4 24 | $1.6M | $58.0M | ||
| Q3 24 | $-952.0K | — | ||
| Q2 24 | $-3.5M | — | ||
| Q1 24 | $4.9M | — |
| Q4 25 | 0.3% | 114.9% | ||
| Q3 25 | -6.4% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 6.5% | 142.1% | ||
| Q3 24 | -4.3% | — | ||
| Q2 24 | -16.1% | — | ||
| Q1 24 | 22.8% | — |
| Q4 25 | 6.6% | 0.7% | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 4.6% | 0.5% | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 5.0% | — |
| Q4 25 | — | 2.22× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 2.74× | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | 3.36× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | — | 4.73× | ||
| Q1 24 | — | 1.23× |
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% |
WSR
Segment breakdown not available.
