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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Trip.com Group Ltd (TCOM). 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 $304.6M, roughly 1.4× Trip.com Group Ltd). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 27.8%, a 29.2% gap on every dollar of revenue.
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.
Trip.com Group Limited is a multinational travel agency headquartered in Shanghai, China. It is the largest online travel service provider in the world.
GLPI vs TCOM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $420.0M | $304.6M |
| Net Profit | $239.4M | $84.6M |
| Gross Margin | — | 78.8% |
| Operating Margin | 79.4% | 16.5% |
| Net Margin | 57.0% | 27.8% |
| Revenue YoY | 6.3% | — |
| Net Profit YoY | 40.5% | — |
| EPS (diluted) | — | $0.12 |
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 | $304.6M | ||
| Q3 25 | $397.6M | — | ||
| Q2 25 | $394.9M | — | ||
| Q1 25 | $395.2M | — | ||
| Q4 24 | $389.6M | — | ||
| Q3 24 | $385.3M | — | ||
| Q2 24 | $380.6M | $242.7M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $84.6M | ||
| Q3 25 | $241.2M | — | ||
| Q2 25 | $151.4M | — | ||
| Q1 25 | $165.2M | — | ||
| Q4 24 | $223.6M | — | ||
| Q3 24 | $184.7M | — | ||
| Q2 24 | $208.3M | $73.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 78.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 81.8% |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 16.5% | ||
| Q3 25 | 84.8% | — | ||
| Q2 25 | 61.3% | — | ||
| Q1 25 | 65.5% | — | ||
| Q4 24 | 79.1% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 77.1% | 27.8% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 27.8% | ||
| Q3 25 | 60.7% | — | ||
| Q2 25 | 38.4% | — | ||
| Q1 25 | 41.8% | — | ||
| Q4 24 | 57.4% | — | ||
| Q3 24 | 47.9% | — | ||
| Q2 24 | 54.7% | 30.4% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $0.12 | ||
| Q3 25 | $0.85 | — | ||
| Q2 25 | $0.54 | — | ||
| Q1 25 | $0.60 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.67 | — | ||
| Q2 24 | $0.77 | $0.11 |
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 | $10.8B |
| Total DebtLower is stronger | — | $4.2B |
| Stockholders' EquityBook value | $5.0B | $23.8B |
| Total Assets | $13.8B | $36.9B |
| Debt / EquityLower = less leverage | — | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $10.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $560.8M | — | ||
| Q3 24 | $560.8M | — | ||
| Q2 24 | $560.8M | $12.4B |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $4.2B | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $6.9B | — | ||
| Q1 25 | $6.9B | — | ||
| Q4 24 | $7.7B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.6B | $8.2B |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $23.8B | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $4.6B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.1B | $18.1B |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $36.9B | ||
| Q3 25 | $12.8B | — | ||
| Q2 25 | $12.5B | — | ||
| Q1 25 | $12.1B | — | ||
| Q4 24 | $13.1B | — | ||
| Q3 24 | $12.7B | — | ||
| Q2 24 | $11.8B | $34.2B |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.18× | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.60× | 0.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
TCOM
| Others | $273.0M | 90% |
| Other | $31.6M | 10% |