vs

Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Organogenesis Holdings Inc. (ORGO). 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 $225.6M, roughly 1.9× Organogenesis Holdings Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 19.4%, a 37.6% gap on every dollar of revenue. On growth, Organogenesis Holdings Inc. posted the faster year-over-year revenue change (78.1% vs 6.3%). Over the past eight quarters, Organogenesis Holdings Inc.'s revenue compounded faster (43.2% CAGR vs 5.0%).

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.

Organogenesis Holdings Inc. is a leading regenerative medicine firm specializing in developing and manufacturing advanced therapeutic products for wound care, surgical repair, sports medicine, and dermatology. It serves healthcare providers and patients primarily in the U.S. and select international markets, offering clinically validated solutions for unmet medical needs.

GLPI vs ORGO — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.9× larger
GLPI
$420.0M
$225.6M
ORGO
Growing faster (revenue YoY)
ORGO
ORGO
+71.9% gap
ORGO
78.1%
6.3%
GLPI
Higher net margin
GLPI
GLPI
37.6% more per $
GLPI
57.0%
19.4%
ORGO
Faster 2-yr revenue CAGR
ORGO
ORGO
Annualised
ORGO
43.2%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GLPI
GLPI
ORGO
ORGO
Revenue
$420.0M
$225.6M
Net Profit
$239.4M
$43.7M
Gross Margin
Operating Margin
79.4%
28.1%
Net Margin
57.0%
19.4%
Revenue YoY
6.3%
78.1%
Net Profit YoY
40.5%
469.5%
EPS (diluted)
$0.31

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
ORGO
ORGO
Q1 26
$420.0M
Q4 25
$407.0M
$225.6M
Q3 25
$397.6M
$150.9M
Q2 25
$394.9M
$101.0M
Q1 25
$395.2M
$86.7M
Q4 24
$389.6M
$126.7M
Q3 24
$385.3M
$115.2M
Q2 24
$380.6M
$130.2M
Net Profit
GLPI
GLPI
ORGO
ORGO
Q1 26
$239.4M
Q4 25
$275.4M
$43.7M
Q3 25
$241.2M
$21.6M
Q2 25
$151.4M
$-9.4M
Q1 25
$165.2M
$-18.8M
Q4 24
$223.6M
$7.7M
Q3 24
$184.7M
$12.3M
Q2 24
$208.3M
$-17.0M
Gross Margin
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
72.6%
Q4 24
75.5%
Q3 24
76.7%
Q2 24
77.6%
Operating Margin
GLPI
GLPI
ORGO
ORGO
Q1 26
79.4%
Q4 25
89.3%
28.1%
Q3 25
84.8%
13.7%
Q2 25
61.3%
-12.5%
Q1 25
65.5%
-30.9%
Q4 24
79.1%
8.1%
Q3 24
70.4%
5.4%
Q2 24
77.1%
-10.7%
Net Margin
GLPI
GLPI
ORGO
ORGO
Q1 26
57.0%
Q4 25
67.6%
19.4%
Q3 25
60.7%
14.3%
Q2 25
38.4%
-9.3%
Q1 25
41.8%
-21.7%
Q4 24
57.4%
6.1%
Q3 24
47.9%
10.7%
Q2 24
54.7%
-13.1%
EPS (diluted)
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
$0.96
$0.31
Q3 25
$0.85
$0.11
Q2 25
$0.54
$-0.10
Q1 25
$0.60
$-0.17
Q4 24
$0.79
$0.05
Q3 24
$0.67
$0.09
Q2 24
$0.77
$-0.13

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
ORGO
ORGO
Cash + ST InvestmentsLiquidity on hand
$274.5M
$93.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$300.1M
Total Assets
$13.8B
$598.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
ORGO
ORGO
Q1 26
$274.5M
Q4 25
$93.7M
Q3 25
$63.7M
Q2 25
$73.1M
Q1 25
$110.0M
Q4 24
$560.8M
$135.6M
Q3 24
$560.8M
$94.3M
Q2 24
$560.8M
$89.9M
Total Debt
GLPI
GLPI
ORGO
ORGO
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
$62.3M
Q2 24
$6.6B
$63.8M
Stockholders' Equity
GLPI
GLPI
ORGO
ORGO
Q1 26
$5.0B
Q4 25
$4.6B
$300.1M
Q3 25
$4.6B
$255.1M
Q2 25
$4.6B
$233.2M
Q1 25
$4.2B
$242.9M
Q4 24
$4.3B
$262.9M
Q3 24
$4.3B
$278.5M
Q2 24
$4.1B
$263.5M
Total Assets
GLPI
GLPI
ORGO
ORGO
Q1 26
$13.8B
Q4 25
$12.9B
$598.7M
Q3 25
$12.8B
$509.8M
Q2 25
$12.5B
$461.1M
Q1 25
$12.1B
$467.4M
Q4 24
$13.1B
$497.9M
Q3 24
$12.7B
$446.3M
Q2 24
$11.8B
$443.2M
Debt / Equity
GLPI
GLPI
ORGO
ORGO
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×
0.22×
Q2 24
1.60×
0.24×

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
ORGO
ORGO
Operating Cash FlowLast quarter
$39.4M
Free Cash FlowOCF − Capex
$34.8M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.90×
TTM Free Cash FlowTrailing 4 quarters
$-24.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
$1.1B
$39.4M
Q3 25
$240.3M
$3.1M
Q2 25
$293.4M
$-32.9M
Q1 25
$252.5M
$-19.9M
Q4 24
$1.1B
$10.9M
Q3 24
$270.4M
$8.7M
Q2 24
$252.1M
$4.7M
Free Cash Flow
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
$34.8M
Q3 25
$183.0M
$844.0K
Q2 25
$272.3M
$-36.5M
Q1 25
$239.6M
$-23.6M
Q4 24
$1.1B
$7.6M
Q3 24
$261.5M
$6.1M
Q2 24
$245.0M
$2.9M
FCF Margin
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
15.4%
Q3 25
46.0%
0.6%
Q2 25
69.0%
-36.1%
Q1 25
60.6%
-27.2%
Q4 24
275.3%
6.0%
Q3 24
67.9%
5.3%
Q2 24
64.4%
2.2%
Capex Intensity
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
2.1%
Q3 25
14.4%
1.5%
Q2 25
5.3%
3.6%
Q1 25
3.3%
4.2%
Q4 24
0.0%
2.7%
Q3 24
2.3%
2.2%
Q2 24
1.9%
1.4%
Cash Conversion
GLPI
GLPI
ORGO
ORGO
Q1 26
Q4 25
4.10×
0.90×
Q3 25
1.00×
0.14×
Q2 25
1.94×
Q1 25
1.53×
Q4 24
4.80×
1.43×
Q3 24
1.46×
0.71×
Q2 24
1.21×

Financial Flow Comparison

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

Related Comparisons