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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and MANHATTAN ASSOCIATES INC (MANH). Click either name above to swap in a different company.

Gaming & Leisure Properties, Inc. is the larger business by last-quarter revenue ($420.0M vs $282.2M, roughly 1.5× MANHATTAN ASSOCIATES INC). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 17.5%, a 39.5% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 6.0%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs 3.1%).

Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.

Computer Associates International, Inc., later CA, Inc., and CA Technologies, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

GLPI vs MANH — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.5× larger
GLPI
$420.0M
$282.2M
MANH
Growing faster (revenue YoY)
GLPI
GLPI
+0.3% gap
GLPI
6.3%
6.0%
MANH
Higher net margin
GLPI
GLPI
39.5% more per $
GLPI
57.0%
17.5%
MANH
Faster 2-yr revenue CAGR
GLPI
GLPI
Annualised
GLPI
5.0%
3.1%
MANH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
MANH
MANH
Revenue
$420.0M
$282.2M
Net Profit
$239.4M
$49.3M
Gross Margin
Operating Margin
79.4%
23.0%
Net Margin
57.0%
17.5%
Revenue YoY
6.3%
6.0%
Net Profit YoY
40.5%
-6.3%
EPS (diluted)
$0.82

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
GLPI
GLPI
MANH
MANH
Q1 26
$420.0M
$282.2M
Q4 25
$407.0M
$270.4M
Q3 25
$397.6M
$275.8M
Q2 25
$394.9M
$272.4M
Q1 25
$395.2M
$262.8M
Q4 24
$389.6M
$255.8M
Q3 24
$385.3M
$266.7M
Q2 24
$380.6M
$265.3M
Net Profit
GLPI
GLPI
MANH
MANH
Q1 26
$239.4M
$49.3M
Q4 25
$275.4M
$52.0M
Q3 25
$241.2M
$58.6M
Q2 25
$151.4M
$56.8M
Q1 25
$165.2M
$52.6M
Q4 24
$223.6M
$48.0M
Q3 24
$184.7M
$63.8M
Q2 24
$208.3M
$52.8M
Gross Margin
GLPI
GLPI
MANH
MANH
Q1 26
Q4 25
55.0%
Q3 25
56.6%
Q2 25
57.3%
Q1 25
56.4%
Q4 24
55.8%
Q3 24
55.5%
Q2 24
54.8%
Operating Margin
GLPI
GLPI
MANH
MANH
Q1 26
79.4%
23.0%
Q4 25
89.3%
24.8%
Q3 25
84.8%
27.5%
Q2 25
61.3%
27.1%
Q1 25
65.5%
24.0%
Q4 24
79.1%
23.7%
Q3 24
70.4%
28.2%
Q2 24
77.1%
25.7%
Net Margin
GLPI
GLPI
MANH
MANH
Q1 26
57.0%
17.5%
Q4 25
67.6%
19.2%
Q3 25
60.7%
21.3%
Q2 25
38.4%
20.8%
Q1 25
41.8%
20.0%
Q4 24
57.4%
18.8%
Q3 24
47.9%
23.9%
Q2 24
54.7%
19.9%
EPS (diluted)
GLPI
GLPI
MANH
MANH
Q1 26
$0.82
Q4 25
$0.96
$0.86
Q3 25
$0.85
$0.96
Q2 25
$0.54
$0.93
Q1 25
$0.60
$0.85
Q4 24
$0.79
$0.77
Q3 24
$0.67
$1.03
Q2 24
$0.77
$0.85

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
MANH
MANH
Cash + ST InvestmentsLiquidity on hand
$274.5M
$226.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$205.2M
Total Assets
$13.8B
$740.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
MANH
MANH
Q1 26
$274.5M
$226.1M
Q4 25
$328.7M
Q3 25
$263.6M
Q2 25
$230.6M
Q1 25
$205.9M
Q4 24
$560.8M
$266.2M
Q3 24
$560.8M
$215.0M
Q2 24
$560.8M
$202.7M
Total Debt
GLPI
GLPI
MANH
MANH
Q1 26
Q4 25
$7.2B
Q3 25
$7.2B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$7.7B
Q3 24
$7.4B
Q2 24
$6.6B
Stockholders' Equity
GLPI
GLPI
MANH
MANH
Q1 26
$5.0B
$205.2M
Q4 25
$4.6B
$314.8M
Q3 25
$4.6B
$309.2M
Q2 25
$4.6B
$278.8M
Q1 25
$4.2B
$245.1M
Q4 24
$4.3B
$299.1M
Q3 24
$4.3B
$278.0M
Q2 24
$4.1B
$240.6M
Total Assets
GLPI
GLPI
MANH
MANH
Q1 26
$13.8B
$740.5M
Q4 25
$12.9B
$839.4M
Q3 25
$12.8B
$768.8M
Q2 25
$12.5B
$744.7M
Q1 25
$12.1B
$708.2M
Q4 24
$13.1B
$757.6M
Q3 24
$12.7B
$698.1M
Q2 24
$11.8B
$665.3M
Debt / Equity
GLPI
GLPI
MANH
MANH
Q1 26
Q4 25
1.56×
Q3 25
1.57×
Q2 25
1.51×
Q1 25
1.63×
Q4 24
1.81×
Q3 24
1.74×
Q2 24
1.60×

Cash Flow & Capital Efficiency

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

Metric
GLPI
GLPI
MANH
MANH
Operating Cash FlowLast quarter
$84.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
MANH
MANH
Q1 26
$84.0M
Q4 25
$1.1B
$147.1M
Q3 25
$240.3M
$93.1M
Q2 25
$293.4M
$74.0M
Q1 25
$252.5M
$75.3M
Q4 24
$1.1B
$104.7M
Q3 24
$270.4M
$62.3M
Q2 24
$252.1M
$73.3M
Free Cash Flow
GLPI
GLPI
MANH
MANH
Q1 26
Q4 25
$142.4M
Q3 25
$183.0M
$87.2M
Q2 25
$272.3M
$70.1M
Q1 25
$239.6M
$74.4M
Q4 24
$1.1B
$101.6M
Q3 24
$261.5M
$61.3M
Q2 24
$245.0M
$71.0M
FCF Margin
GLPI
GLPI
MANH
MANH
Q1 26
Q4 25
52.7%
Q3 25
46.0%
31.6%
Q2 25
69.0%
25.7%
Q1 25
60.6%
28.3%
Q4 24
275.3%
39.7%
Q3 24
67.9%
23.0%
Q2 24
64.4%
26.8%
Capex Intensity
GLPI
GLPI
MANH
MANH
Q1 26
0.3%
Q4 25
1.7%
Q3 25
14.4%
2.1%
Q2 25
5.3%
1.5%
Q1 25
3.3%
0.3%
Q4 24
0.0%
1.2%
Q3 24
2.3%
0.4%
Q2 24
1.9%
0.8%
Cash Conversion
GLPI
GLPI
MANH
MANH
Q1 26
1.70×
Q4 25
4.10×
2.83×
Q3 25
1.00×
1.59×
Q2 25
1.94×
1.30×
Q1 25
1.53×
1.43×
Q4 24
4.80×
2.18×
Q3 24
1.46×
0.98×
Q2 24
1.21×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

MANH
MANH

Services$125.7M45%
Cloud subscriptions$117.1M42%
Maintenance$30.6M11%
Hardware$6.5M2%
Software license$2.2M1%

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