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

Reddit, Inc. is the larger business by last-quarter revenue ($663.0M vs $420.0M, roughly 1.6× Gaming & Leisure Properties, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 30.8%, a 26.2% gap on every dollar of revenue. On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.0% vs 6.3%). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (53.6% 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.

Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...

GLPI vs RDDT — Head-to-Head

Bigger by revenue
RDDT
RDDT
1.6× larger
RDDT
$663.0M
$420.0M
GLPI
Growing faster (revenue YoY)
RDDT
RDDT
+62.7% gap
RDDT
69.0%
6.3%
GLPI
Higher net margin
GLPI
GLPI
26.2% more per $
GLPI
57.0%
30.8%
RDDT
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
53.6%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GLPI
GLPI
RDDT
RDDT
Revenue
$420.0M
$663.0M
Net Profit
$239.4M
$204.0M
Gross Margin
100.0%
Operating Margin
79.4%
0.0%
Net Margin
57.0%
30.8%
Revenue YoY
6.3%
69.0%
Net Profit YoY
40.5%
680.0%
EPS (diluted)
$1.01

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
RDDT
RDDT
Q1 26
$420.0M
$663.0M
Q4 25
$407.0M
$725.6M
Q3 25
$397.6M
$584.9M
Q2 25
$394.9M
$499.6M
Q1 25
$395.2M
$392.4M
Q4 24
$389.6M
$427.7M
Q3 24
$385.3M
$348.4M
Q2 24
$380.6M
$281.2M
Net Profit
GLPI
GLPI
RDDT
RDDT
Q1 26
$239.4M
$204.0M
Q4 25
$275.4M
$251.6M
Q3 25
$241.2M
$162.7M
Q2 25
$151.4M
$89.3M
Q1 25
$165.2M
$26.2M
Q4 24
$223.6M
$71.0M
Q3 24
$184.7M
$29.9M
Q2 24
$208.3M
$-10.1M
Gross Margin
GLPI
GLPI
RDDT
RDDT
Q1 26
100.0%
Q4 25
91.9%
Q3 25
91.0%
Q2 25
90.8%
Q1 25
90.5%
Q4 24
92.6%
Q3 24
90.1%
Q2 24
89.5%
Operating Margin
GLPI
GLPI
RDDT
RDDT
Q1 26
79.4%
0.0%
Q4 25
89.3%
31.9%
Q3 25
84.8%
23.7%
Q2 25
61.3%
13.6%
Q1 25
65.5%
1.0%
Q4 24
79.1%
12.4%
Q3 24
70.4%
2.0%
Q2 24
77.1%
-11.0%
Net Margin
GLPI
GLPI
RDDT
RDDT
Q1 26
57.0%
30.8%
Q4 25
67.6%
34.7%
Q3 25
60.7%
27.8%
Q2 25
38.4%
17.9%
Q1 25
41.8%
6.7%
Q4 24
57.4%
16.6%
Q3 24
47.9%
8.6%
Q2 24
54.7%
-3.6%
EPS (diluted)
GLPI
GLPI
RDDT
RDDT
Q1 26
$1.01
Q4 25
$0.96
$1.24
Q3 25
$0.85
$0.80
Q2 25
$0.54
$0.45
Q1 25
$0.60
$0.13
Q4 24
$0.79
$4.76
Q3 24
$0.67
$0.16
Q2 24
$0.77
$-0.06

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
RDDT
RDDT
Cash + ST InvestmentsLiquidity on hand
$274.5M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$3.2B
Total Assets
$13.8B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
RDDT
RDDT
Q1 26
$274.5M
$1.4B
Q4 25
$953.6M
Q3 25
$911.7M
Q2 25
$734.1M
Q1 25
$635.7M
Q4 24
$560.8M
$562.1M
Q3 24
$560.8M
$515.9M
Q2 24
$560.8M
$468.0M
Total Debt
GLPI
GLPI
RDDT
RDDT
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
RDDT
RDDT
Q1 26
$5.0B
$3.2B
Q4 25
$4.6B
$2.9B
Q3 25
$4.6B
$2.6B
Q2 25
$4.6B
$2.4B
Q1 25
$4.2B
$2.2B
Q4 24
$4.3B
$2.1B
Q3 24
$4.3B
$2.0B
Q2 24
$4.1B
$1.9B
Total Assets
GLPI
GLPI
RDDT
RDDT
Q1 26
$13.8B
$3.5B
Q4 25
$12.9B
$3.2B
Q3 25
$12.8B
$2.9B
Q2 25
$12.5B
$2.6B
Q1 25
$12.1B
$2.4B
Q4 24
$13.1B
$2.3B
Q3 24
$12.7B
$2.2B
Q2 24
$11.8B
$2.1B
Debt / Equity
GLPI
GLPI
RDDT
RDDT
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
RDDT
RDDT
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$311.0M
FCF MarginFCF / Revenue
46.9%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$868.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
RDDT
RDDT
Q1 26
Q4 25
$1.1B
$266.8M
Q3 25
$240.3M
$185.2M
Q2 25
$293.4M
$111.3M
Q1 25
$252.5M
$127.6M
Q4 24
$1.1B
$90.0M
Q3 24
$270.4M
$71.6M
Q2 24
$252.1M
$28.4M
Free Cash Flow
GLPI
GLPI
RDDT
RDDT
Q1 26
$311.0M
Q4 25
$263.6M
Q3 25
$183.0M
$183.1M
Q2 25
$272.3M
$110.8M
Q1 25
$239.6M
$126.6M
Q4 24
$1.1B
$89.2M
Q3 24
$261.5M
$70.3M
Q2 24
$245.0M
$27.2M
FCF Margin
GLPI
GLPI
RDDT
RDDT
Q1 26
46.9%
Q4 25
36.3%
Q3 25
46.0%
31.3%
Q2 25
69.0%
22.2%
Q1 25
60.6%
32.3%
Q4 24
275.3%
20.8%
Q3 24
67.9%
20.2%
Q2 24
64.4%
9.7%
Capex Intensity
GLPI
GLPI
RDDT
RDDT
Q1 26
Q4 25
0.4%
Q3 25
14.4%
0.4%
Q2 25
5.3%
0.1%
Q1 25
3.3%
0.2%
Q4 24
0.0%
0.2%
Q3 24
2.3%
0.4%
Q2 24
1.9%
0.4%
Cash Conversion
GLPI
GLPI
RDDT
RDDT
Q1 26
Q4 25
4.10×
1.06×
Q3 25
1.00×
1.14×
Q2 25
1.94×
1.25×
Q1 25
1.53×
4.88×
Q4 24
4.80×
1.27×
Q3 24
1.46×
2.40×
Q2 24
1.21×

Financial Flow Comparison

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

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