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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Soho House & Co Inc. (SHCO). 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 $370.8M, roughly 1.1× Soho House & Co Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs -5.0%, a 62.0% gap on every dollar of revenue. On growth, Soho House & Co Inc. posted the faster year-over-year revenue change (11.2% vs 6.3%). Over the past eight quarters, Soho House & Co Inc.'s revenue compounded faster (13.5% 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.
Soho House is an international private members’ club with a focus on the media, arts and fashion industries.
GLPI vs SHCO — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $420.0M | $370.8M |
| Net Profit | $239.4M | $-18.7M |
| Gross Margin | — | — |
| Operating Margin | 79.4% | -1.6% |
| Net Margin | 57.0% | -5.0% |
| Revenue YoY | 6.3% | 11.2% |
| Net Profit YoY | 40.5% | -10790.3% |
| EPS (diluted) | — | $-0.10 |
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 | $420.0M | — | ||
| Q4 25 | $407.0M | — | ||
| Q3 25 | $397.6M | $370.8M | ||
| Q2 25 | $394.9M | $329.8M | ||
| Q1 25 | $395.2M | $282.9M | ||
| Q4 24 | $389.6M | $305.6M | ||
| Q3 24 | $385.3M | $333.4M | ||
| Q2 24 | $380.6M | $302.9M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | — | ||
| Q3 25 | $241.2M | $-18.7M | ||
| Q2 25 | $151.4M | $24.9M | ||
| Q1 25 | $165.2M | $8.2M | ||
| Q4 24 | $223.6M | $-91.7M | ||
| Q3 24 | $184.7M | $175.0K | ||
| Q2 24 | $208.3M | $-29.9M |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | — | ||
| Q3 25 | 84.8% | -1.6% | ||
| Q2 25 | 61.3% | 18.1% | ||
| Q1 25 | 65.5% | 12.3% | ||
| Q4 24 | 79.1% | -23.1% | ||
| Q3 24 | 70.4% | 11.4% | ||
| Q2 24 | 77.1% | -4.3% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | — | ||
| Q3 25 | 60.7% | -5.0% | ||
| Q2 25 | 38.4% | 7.5% | ||
| Q1 25 | 41.8% | 2.9% | ||
| Q4 24 | 57.4% | -30.0% | ||
| Q3 24 | 47.9% | 0.1% | ||
| Q2 24 | 54.7% | -9.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.85 | $-0.10 | ||
| Q2 25 | $0.54 | $0.13 | ||
| Q1 25 | $0.60 | $0.04 | ||
| Q4 24 | $0.79 | $-0.48 | ||
| Q3 24 | $0.67 | $0.00 | ||
| Q2 24 | $0.77 | $-0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $274.5M | $142.5M |
| Total DebtLower is stronger | — | $735.8M |
| Stockholders' EquityBook value | $5.0B | $-351.6M |
| Total Assets | $13.8B | $2.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $142.5M | ||
| Q2 25 | — | $150.3M | ||
| Q1 25 | — | $150.1M | ||
| Q4 24 | $560.8M | $152.7M | ||
| Q3 24 | $560.8M | $142.8M | ||
| Q2 24 | $560.8M | $148.5M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | $735.8M | ||
| Q2 25 | $6.9B | $729.8M | ||
| Q1 25 | $6.9B | $705.1M | ||
| Q4 24 | $7.7B | $691.5M | ||
| Q3 24 | $7.4B | $694.8M | ||
| Q2 24 | $6.6B | $682.1M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.6B | $-351.6M | ||
| Q2 25 | $4.6B | $-348.6M | ||
| Q1 25 | $4.2B | $-340.1M | ||
| Q4 24 | $4.3B | $-335.1M | ||
| Q3 24 | $4.3B | $-279.4M | ||
| Q2 24 | $4.1B | $-231.7M |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | — | ||
| Q3 25 | $12.8B | $2.7B | ||
| Q2 25 | $12.5B | $2.6B | ||
| Q1 25 | $12.1B | $2.5B | ||
| Q4 24 | $13.1B | $2.4B | ||
| Q3 24 | $12.7B | $2.6B | ||
| Q2 24 | $11.8B | $2.6B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $34.9M |
| Free Cash FlowOCF − Capex | — | $3.5M |
| FCF MarginFCF / Revenue | — | 0.9% |
| Capex IntensityCapex / Revenue | — | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $240.3M | $34.9M | ||
| Q2 25 | $293.4M | $41.0M | ||
| Q1 25 | $252.5M | $22.8M | ||
| Q4 24 | $1.1B | $26.9M | ||
| Q3 24 | $270.4M | $20.6M | ||
| Q2 24 | $252.1M | $36.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $183.0M | $3.5M | ||
| Q2 25 | $272.3M | $12.4M | ||
| Q1 25 | $239.6M | $7.5M | ||
| Q4 24 | $1.1B | $18.5M | ||
| Q3 24 | $261.5M | $10.3M | ||
| Q2 24 | $245.0M | $10.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.0% | 0.9% | ||
| Q2 25 | 69.0% | 3.8% | ||
| Q1 25 | 60.6% | 2.7% | ||
| Q4 24 | 275.3% | 6.1% | ||
| Q3 24 | 67.9% | 3.1% | ||
| Q2 24 | 64.4% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.4% | 8.5% | ||
| Q2 25 | 5.3% | 8.7% | ||
| Q1 25 | 3.3% | 5.4% | ||
| Q4 24 | 0.0% | 2.7% | ||
| Q3 24 | 2.3% | 3.1% | ||
| Q2 24 | 1.9% | 8.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.94× | 1.65× | ||
| Q1 25 | 1.53× | 2.79× | ||
| Q4 24 | 4.80× | — | ||
| Q3 24 | 1.46× | 117.70× | ||
| Q2 24 | 1.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
SHCO
| Membership | $122.7M | 33% |
| Other | $122.0M | 33% |
| Membership Revenue | $58.5M | 16% |
| Other Revenue | $28.5M | 8% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $24.8M | 7% |
| Elimination Of Equity Accounted Revenue | $13.4M | 4% |
| Related Party | $2.0M | 1% |
| Soho House | $1.0M | 0% |
