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Side-by-side financial comparison of Gaming & Leisure Properties, Inc. (GLPI) and XPLR Infrastructure, LP (XIFR). 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 $249.0M, roughly 1.7× XPLR Infrastructure, LP). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 11.2%, a 45.8% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs -15.3%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
GLPI vs XIFR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $420.0M | $249.0M |
| Net Profit | $239.4M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | 79.4% | -19.3% |
| Net Margin | 57.0% | 11.2% |
| Revenue YoY | 6.3% | -15.3% |
| Net Profit YoY | 40.5% | 124.3% |
| EPS (diluted) | — | — |
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 | $249.0M | ||
| Q3 25 | $397.6M | $315.0M | ||
| Q2 25 | $394.9M | $342.0M | ||
| Q1 25 | $395.2M | $282.0M | ||
| Q4 24 | $389.6M | $294.0M | ||
| Q3 24 | $385.3M | $319.0M | ||
| Q2 24 | $380.6M | $360.0M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $28.0M | ||
| Q3 25 | $241.2M | $-37.0M | ||
| Q2 25 | $151.4M | $79.0M | ||
| Q1 25 | $165.2M | $-98.0M | ||
| Q4 24 | $223.6M | $-115.0M | ||
| Q3 24 | $184.7M | $-40.0M | ||
| Q2 24 | $208.3M | $62.0M |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | -19.3% | ||
| Q3 25 | 84.8% | 1.6% | ||
| Q2 25 | 61.3% | 26.3% | ||
| Q1 25 | 65.5% | -82.6% | ||
| Q4 24 | 79.1% | -188.1% | ||
| Q3 24 | 70.4% | 15.4% | ||
| Q2 24 | 77.1% | 18.3% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 11.2% | ||
| Q3 25 | 60.7% | -11.7% | ||
| Q2 25 | 38.4% | 23.1% | ||
| Q1 25 | 41.8% | -34.8% | ||
| Q4 24 | 57.4% | -39.1% | ||
| Q3 24 | 47.9% | -12.5% | ||
| Q2 24 | 54.7% | 17.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.85 | $-0.40 | ||
| Q2 25 | $0.54 | $0.84 | ||
| Q1 25 | $0.60 | $-1.05 | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.67 | $-0.43 | ||
| Q2 24 | $0.77 | $0.66 |
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 | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $5.0B | $10.9B |
| Total Assets | $13.8B | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $960.0M | ||
| Q3 25 | — | $711.0M | ||
| Q2 25 | — | $880.0M | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $560.8M | $283.0M | ||
| Q3 24 | $560.8M | $290.0M | ||
| Q2 24 | $560.8M | $281.0M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | $6.2B | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $6.9B | — | ||
| Q1 25 | $6.9B | — | ||
| Q4 24 | $7.7B | $5.3B | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.6B | — |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $10.9B | ||
| Q3 25 | $4.6B | $11.0B | ||
| Q2 25 | $4.6B | $11.3B | ||
| Q1 25 | $4.2B | $12.6B | ||
| Q4 24 | $4.3B | $12.9B | ||
| Q3 24 | $4.3B | $13.6B | ||
| Q2 24 | $4.1B | $13.9B |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $19.6B | ||
| Q3 25 | $12.8B | $19.1B | ||
| Q2 25 | $12.5B | $20.5B | ||
| Q1 25 | $12.1B | $21.4B | ||
| Q4 24 | $13.1B | $20.3B | ||
| Q3 24 | $12.7B | $20.9B | ||
| Q2 24 | $11.8B | $21.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | 0.57× | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.81× | 0.41× | ||
| 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 | — | $186.0M |
| Free Cash FlowOCF − Capex | — | $-88.0M |
| FCF MarginFCF / Revenue | — | -35.3% |
| Capex IntensityCapex / Revenue | — | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $186.0M | ||
| Q3 25 | $240.3M | $231.0M | ||
| Q2 25 | $293.4M | $232.0M | ||
| Q1 25 | $252.5M | $90.0M | ||
| Q4 24 | $1.1B | $283.0M | ||
| Q3 24 | $270.4M | $208.0M | ||
| Q2 24 | $252.1M | $231.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-88.0M | ||
| Q3 25 | $183.0M | $-283.0M | ||
| Q2 25 | $272.3M | $151.0M | ||
| Q1 25 | $239.6M | $1.0M | ||
| Q4 24 | $1.1B | $231.0M | ||
| Q3 24 | $261.5M | $152.0M | ||
| Q2 24 | $245.0M | $162.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -35.3% | ||
| Q3 25 | 46.0% | -89.8% | ||
| Q2 25 | 69.0% | 44.2% | ||
| Q1 25 | 60.6% | 0.4% | ||
| Q4 24 | 275.3% | 78.6% | ||
| Q3 24 | 67.9% | 47.6% | ||
| Q2 24 | 64.4% | 45.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 110.0% | ||
| Q3 25 | 14.4% | 163.2% | ||
| Q2 25 | 5.3% | 23.7% | ||
| Q1 25 | 3.3% | 31.6% | ||
| Q4 24 | 0.0% | 17.7% | ||
| Q3 24 | 2.3% | 17.6% | ||
| Q2 24 | 1.9% | 19.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 6.64× | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.94× | 2.94× | ||
| Q1 25 | 1.53× | — | ||
| Q4 24 | 4.80× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | 1.21× | 3.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLPI
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
