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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and WORKIVA INC (WK). 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 $238.9M, roughly 1.8× WORKIVA INC). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 4.9%, a 52.1% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 6.3%). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% 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.

Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.

GLPI vs WK — Head-to-Head

Bigger by revenue
GLPI
GLPI
1.8× larger
GLPI
$420.0M
$238.9M
WK
Growing faster (revenue YoY)
WK
WK
+13.3% gap
WK
19.5%
6.3%
GLPI
Higher net margin
GLPI
GLPI
52.1% more per $
GLPI
57.0%
4.9%
WK
Faster 2-yr revenue CAGR
WK
WK
Annualised
WK
16.6%
5.0%
GLPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GLPI
GLPI
WK
WK
Revenue
$420.0M
$238.9M
Net Profit
$239.4M
$11.8M
Gross Margin
80.7%
Operating Margin
79.4%
3.3%
Net Margin
57.0%
4.9%
Revenue YoY
6.3%
19.5%
Net Profit YoY
40.5%
234.0%
EPS (diluted)
$0.21

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
WK
WK
Q1 26
$420.0M
Q4 25
$407.0M
$238.9M
Q3 25
$397.6M
$224.2M
Q2 25
$394.9M
$215.2M
Q1 25
$395.2M
$206.3M
Q4 24
$389.6M
$199.9M
Q3 24
$385.3M
$185.6M
Q2 24
$380.6M
$177.5M
Net Profit
GLPI
GLPI
WK
WK
Q1 26
$239.4M
Q4 25
$275.4M
$11.8M
Q3 25
$241.2M
$2.8M
Q2 25
$151.4M
$-19.4M
Q1 25
$165.2M
$-21.4M
Q4 24
$223.6M
$-8.8M
Q3 24
$184.7M
$-17.0M
Q2 24
$208.3M
$-17.5M
Gross Margin
GLPI
GLPI
WK
WK
Q1 26
Q4 25
80.7%
Q3 25
79.3%
Q2 25
77.0%
Q1 25
76.6%
Q4 24
77.1%
Q3 24
76.5%
Q2 24
76.8%
Operating Margin
GLPI
GLPI
WK
WK
Q1 26
79.4%
Q4 25
89.3%
3.3%
Q3 25
84.8%
-1.5%
Q2 25
61.3%
-10.3%
Q1 25
65.5%
-12.0%
Q4 24
79.1%
-6.7%
Q3 24
70.4%
-11.7%
Q2 24
77.1%
-13.0%
Net Margin
GLPI
GLPI
WK
WK
Q1 26
57.0%
Q4 25
67.6%
4.9%
Q3 25
60.7%
1.2%
Q2 25
38.4%
-9.0%
Q1 25
41.8%
-10.4%
Q4 24
57.4%
-4.4%
Q3 24
47.9%
-9.2%
Q2 24
54.7%
-9.9%
EPS (diluted)
GLPI
GLPI
WK
WK
Q1 26
Q4 25
$0.96
$0.21
Q3 25
$0.85
$0.05
Q2 25
$0.54
$-0.35
Q1 25
$0.60
$-0.38
Q4 24
$0.79
$-0.15
Q3 24
$0.67
$-0.31
Q2 24
$0.77
$-0.32

Balance Sheet & Financial Strength

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

Metric
GLPI
GLPI
WK
WK
Cash + ST InvestmentsLiquidity on hand
$274.5M
$338.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$-5.4M
Total Assets
$13.8B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLPI
GLPI
WK
WK
Q1 26
$274.5M
Q4 25
$338.8M
Q3 25
$315.9M
Q2 25
$284.3M
Q1 25
$242.0M
Q4 24
$560.8M
$301.8M
Q3 24
$560.8M
$248.2M
Q2 24
$560.8M
$267.9M
Total Debt
GLPI
GLPI
WK
WK
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
WK
WK
Q1 26
$5.0B
Q4 25
$4.6B
$-5.4M
Q3 25
$4.6B
$-36.9M
Q2 25
$4.6B
$-66.5M
Q1 25
$4.2B
$-75.7M
Q4 24
$4.3B
$-41.7M
Q3 24
$4.3B
$-50.8M
Q2 24
$4.1B
$-77.7M
Total Assets
GLPI
GLPI
WK
WK
Q1 26
$13.8B
Q4 25
$12.9B
$1.5B
Q3 25
$12.8B
$1.4B
Q2 25
$12.5B
$1.3B
Q1 25
$12.1B
$1.3B
Q4 24
$13.1B
$1.4B
Q3 24
$12.7B
$1.3B
Q2 24
$11.8B
$1.2B
Debt / Equity
GLPI
GLPI
WK
WK
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
WK
WK
Operating Cash FlowLast quarter
$51.0M
Free Cash FlowOCF − Capex
$50.7M
FCF MarginFCF / Revenue
21.2%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
4.31×
TTM Free Cash FlowTrailing 4 quarters
$138.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLPI
GLPI
WK
WK
Q1 26
Q4 25
$1.1B
$51.0M
Q3 25
$240.3M
$46.2M
Q2 25
$293.4M
$50.3M
Q1 25
$252.5M
$-7.4M
Q4 24
$1.1B
$44.0M
Q3 24
$270.4M
$18.9M
Q2 24
$252.1M
$-14.0K
Free Cash Flow
GLPI
GLPI
WK
WK
Q1 26
Q4 25
$50.7M
Q3 25
$183.0M
$46.1M
Q2 25
$272.3M
$49.3M
Q1 25
$239.6M
$-8.1M
Q4 24
$1.1B
$43.2M
Q3 24
$261.5M
$18.7M
Q2 24
$245.0M
$-122.0K
FCF Margin
GLPI
GLPI
WK
WK
Q1 26
Q4 25
21.2%
Q3 25
46.0%
20.5%
Q2 25
69.0%
22.9%
Q1 25
60.6%
-3.9%
Q4 24
275.3%
21.6%
Q3 24
67.9%
10.1%
Q2 24
64.4%
-0.1%
Capex Intensity
GLPI
GLPI
WK
WK
Q1 26
Q4 25
0.1%
Q3 25
14.4%
0.0%
Q2 25
5.3%
0.5%
Q1 25
3.3%
0.4%
Q4 24
0.0%
0.4%
Q3 24
2.3%
0.1%
Q2 24
1.9%
0.1%
Cash Conversion
GLPI
GLPI
WK
WK
Q1 26
Q4 25
4.10×
4.31×
Q3 25
1.00×
16.57×
Q2 25
1.94×
Q1 25
1.53×
Q4 24
4.80×
Q3 24
1.46×
Q2 24
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GLPI
GLPI

Segment breakdown not available.

WK
WK

License And Service$219.3M92%
XBRL Professional Services$16.4M7%
Other Services$3.2M1%

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