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Side-by-side financial comparison of GCI Liberty, Inc. (GLIBA) and NNN REIT, INC. (NNN). Click either name above to swap in a different company.
GCI Liberty, Inc. is the larger business by last-quarter revenue ($257.0M vs $240.4M, roughly 1.1× NNN REIT, INC.). NNN REIT, INC. runs the higher net margin — 39.1% vs -150.6%, a 189.7% gap on every dollar of revenue.
GCI Communication Corp (GCI) is a telecommunications corporation operating in Alaska. Through its own facilities and agreements with other providers, GCI provides Internet access, landline, and cellular telephone service. It is a subsidiary of GCI Liberty, Inc.
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.
GLIBA vs NNN — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $257.0M | $240.4M |
| Net Profit | $-387.0M | $94.0M |
| Gross Margin | — | — |
| Operating Margin | -189.9% | 61.0% |
| Net Margin | -150.6% | 39.1% |
| Revenue YoY | — | 4.1% |
| Net Profit YoY | — | -2.6% |
| EPS (diluted) | $-13.34 | $0.50 |
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 | — | $240.4M | ||
| Q4 25 | — | $238.4M | ||
| Q3 25 | $257.0M | $230.2M | ||
| Q2 25 | $261.0M | $226.8M | ||
| Q1 25 | — | $230.9M | ||
| Q4 24 | — | $218.5M | ||
| Q3 24 | — | $218.6M | ||
| Q2 24 | — | $216.8M |
| Q1 26 | — | $94.0M | ||
| Q4 25 | — | $96.0M | ||
| Q3 25 | $-387.0M | $96.8M | ||
| Q2 25 | $27.0M | $100.5M | ||
| Q1 25 | — | $96.5M | ||
| Q4 24 | — | $97.9M | ||
| Q3 24 | — | $97.9M | ||
| Q2 24 | — | $106.7M |
| Q1 26 | — | 61.0% | ||
| Q4 25 | — | 62.3% | ||
| Q3 25 | -189.9% | 64.0% | ||
| Q2 25 | 19.5% | 66.0% | ||
| Q1 25 | — | 62.3% | ||
| Q4 24 | — | 65.8% | ||
| Q3 24 | — | 65.7% | ||
| Q2 24 | — | 70.2% |
| Q1 26 | — | 39.1% | ||
| Q4 25 | — | 40.2% | ||
| Q3 25 | -150.6% | 42.1% | ||
| Q2 25 | 10.3% | 44.3% | ||
| Q1 25 | — | 41.8% | ||
| Q4 24 | — | 44.8% | ||
| Q3 24 | — | 44.8% | ||
| Q2 24 | — | 49.2% |
| Q1 26 | — | $0.50 | ||
| Q4 25 | — | $0.51 | ||
| Q3 25 | $-13.34 | $0.51 | ||
| Q2 25 | — | $0.54 | ||
| Q1 25 | — | $0.51 | ||
| Q4 24 | — | $0.52 | ||
| Q3 24 | — | $0.53 | ||
| Q2 24 | — | $0.58 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $124.0M | $4.6M |
| Total DebtLower is stronger | $985.0M | — |
| Stockholders' EquityBook value | $1.4B | $4.4B |
| Total Assets | $3.0B | $9.4B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.6M | ||
| Q4 25 | — | $5.0M | ||
| Q3 25 | $124.0M | $157.9M | ||
| Q2 25 | $104.0M | $6.0M | ||
| Q1 25 | — | $5.1M | ||
| Q4 24 | — | $8.7M | ||
| Q3 24 | — | $173.5M | ||
| Q2 24 | — | $2.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $985.0M | — | ||
| Q2 25 | $987.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $4.4B | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | $1.4B | $4.4B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.2B |
| Q1 26 | — | $9.4B | ||
| Q4 25 | — | $9.4B | ||
| Q3 25 | $3.0B | $9.5B | ||
| Q2 25 | $3.4B | $9.1B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.9B | ||
| Q2 24 | — | $8.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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 | $76.0M | — |
| Free Cash FlowOCF − Capex | $21.0M | — |
| FCF MarginFCF / Revenue | 8.2% | — |
| Capex IntensityCapex / Revenue | 21.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $667.1M | ||
| Q3 25 | $76.0M | $218.3M | ||
| Q2 25 | $226.0M | $119.4M | ||
| Q1 25 | — | $203.3M | ||
| Q4 24 | — | $635.5M | ||
| Q3 24 | — | $206.6M | ||
| Q2 24 | — | $120.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $21.0M | — | ||
| Q2 25 | $107.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.2% | — | ||
| Q2 25 | 41.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 21.4% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.95× | ||
| Q3 25 | — | 2.25× | ||
| Q2 25 | 8.37× | 1.19× | ||
| Q1 25 | — | 2.11× | ||
| Q4 24 | — | 6.49× | ||
| Q3 24 | — | 2.11× | ||
| Q2 24 | — | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.