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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and Tecnoglass Inc. (TGLS). 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 $245.3M, roughly 1.7× Tecnoglass Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 10.6%, a 46.4% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
GLPI vs TGLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $420.0M | $245.3M |
| Net Profit | $239.4M | $26.1M |
| Gross Margin | — | 40.0% |
| Operating Margin | 79.4% | 18.3% |
| Net Margin | 57.0% | 10.6% |
| Revenue YoY | 6.3% | 2.4% |
| Net Profit YoY | 40.5% | -44.5% |
| EPS (diluted) | — | $0.57 |
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 | $245.3M | ||
| Q3 25 | $397.6M | $260.5M | ||
| Q2 25 | $394.9M | $255.5M | ||
| Q1 25 | $395.2M | $222.3M | ||
| Q4 24 | $389.6M | $239.6M | ||
| Q3 24 | $385.3M | $238.3M | ||
| Q2 24 | $380.6M | $219.7M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $26.1M | ||
| Q3 25 | $241.2M | $47.2M | ||
| Q2 25 | $151.4M | $44.1M | ||
| Q1 25 | $165.2M | $42.2M | ||
| Q4 24 | $223.6M | $47.0M | ||
| Q3 24 | $184.7M | $49.5M | ||
| Q2 24 | $208.3M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 18.3% | ||
| Q3 25 | 84.8% | 25.1% | ||
| Q2 25 | 61.3% | 24.0% | ||
| Q1 25 | 65.5% | 26.7% | ||
| Q4 24 | 79.1% | 28.0% | ||
| Q3 24 | 70.4% | 28.4% | ||
| Q2 24 | 77.1% | 23.3% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 10.6% | ||
| Q3 25 | 60.7% | 18.1% | ||
| Q2 25 | 38.4% | 17.3% | ||
| Q1 25 | 41.8% | 19.0% | ||
| Q4 24 | 57.4% | 19.6% | ||
| Q3 24 | 47.9% | 20.8% | ||
| Q2 24 | 54.7% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $0.57 | ||
| Q3 25 | $0.85 | $1.01 | ||
| Q2 25 | $0.54 | $0.94 | ||
| Q1 25 | $0.60 | $0.90 | ||
| Q4 24 | $0.79 | $1.00 | ||
| Q3 24 | $0.67 | $1.05 | ||
| Q2 24 | $0.77 | $0.75 |
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 | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $5.0B | $713.1M |
| Total Assets | $13.8B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $104.1M | ||
| Q3 25 | — | $127.1M | ||
| Q2 25 | — | $140.9M | ||
| Q1 25 | — | $160.2M | ||
| Q4 24 | $560.8M | $137.5M | ||
| Q3 24 | $560.8M | $124.8M | ||
| Q2 24 | $560.8M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $174.4M | ||
| Q3 25 | $7.2B | $114.7M | ||
| Q2 25 | $6.9B | $110.6M | ||
| Q1 25 | $6.9B | $110.6M | ||
| Q4 24 | $7.7B | $111.1M | ||
| Q3 24 | $7.4B | $126.8M | ||
| Q2 24 | $6.6B | $144.7M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $713.1M | ||
| Q3 25 | $4.6B | $764.0M | ||
| Q2 25 | $4.6B | $736.0M | ||
| Q1 25 | $4.2B | $685.1M | ||
| Q4 24 | $4.3B | $631.2M | ||
| Q3 24 | $4.3B | $613.3M | ||
| Q2 24 | $4.1B | $574.8M |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $1.3B | ||
| Q3 25 | $12.8B | $1.2B | ||
| Q2 25 | $12.5B | $1.2B | ||
| Q1 25 | $12.1B | $1.1B | ||
| Q4 24 | $13.1B | $1.0B | ||
| Q3 24 | $12.7B | $996.3M | ||
| Q2 24 | $11.8B | $942.5M |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.24× | ||
| Q3 25 | 1.57× | 0.15× | ||
| Q2 25 | 1.51× | 0.15× | ||
| Q1 25 | 1.63× | 0.16× | ||
| Q4 24 | 1.81× | 0.18× | ||
| Q3 24 | 1.74× | 0.21× | ||
| Q2 24 | 1.60× | 0.25× |
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 | — | $31.0M |
| Free Cash FlowOCF − Capex | — | $11.4M |
| FCF MarginFCF / Revenue | — | 4.7% |
| Capex IntensityCapex / Revenue | — | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $31.0M | ||
| Q3 25 | $240.3M | $40.0M | ||
| Q2 25 | $293.4M | $17.9M | ||
| Q1 25 | $252.5M | $46.9M | ||
| Q4 24 | $1.1B | $61.1M | ||
| Q3 24 | $270.4M | $41.5M | ||
| Q2 24 | $252.1M | $34.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $11.4M | ||
| Q3 25 | $183.0M | $21.2M | ||
| Q2 25 | $272.3M | $-14.7M | ||
| Q1 25 | $239.6M | $16.5M | ||
| Q4 24 | $1.1B | $35.4M | ||
| Q3 24 | $261.5M | $17.8M | ||
| Q2 24 | $245.0M | $14.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | 46.0% | 8.2% | ||
| Q2 25 | 69.0% | -5.7% | ||
| Q1 25 | 60.6% | 7.4% | ||
| Q4 24 | 275.3% | 14.8% | ||
| Q3 24 | 67.9% | 7.5% | ||
| Q2 24 | 64.4% | 6.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | 14.4% | 7.2% | ||
| Q2 25 | 5.3% | 12.7% | ||
| Q1 25 | 3.3% | 13.7% | ||
| Q4 24 | 0.0% | 10.7% | ||
| Q3 24 | 2.3% | 9.9% | ||
| Q2 24 | 1.9% | 9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 1.19× | ||
| Q3 25 | 1.00× | 0.85× | ||
| Q2 25 | 1.94× | 0.41× | ||
| Q1 25 | 1.53× | 1.11× | ||
| Q4 24 | 4.80× | 1.30× | ||
| Q3 24 | 1.46× | 0.84× | ||
| Q2 24 | 1.21× | 0.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |