vs
Side-by-side financial comparison of Global Net Lease, Inc. (GNL) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.
Global Net Lease, Inc. is the larger business by last-quarter revenue ($117.0M vs $75.5M, roughly 1.6× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs -15.1%). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -11.1%).
Global Net Lease, Inc. is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of commercial real estate assets under long-term net lease contracts. Its property portfolio spans North America and Europe, covering industrial, office, retail and other key sectors, serving tenants across multiple industries to deliver consistent long-term returns for shareholders.
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
GNL vs PBYI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $117.0M | $75.5M |
| Net Profit | $48.2M | — |
| Gross Margin | — | 69.3% |
| Operating Margin | 94.7% | 22.7% |
| Net Margin | 41.2% | — |
| Revenue YoY | -15.1% | 27.7% |
| Net Profit YoY | 838.7% | — |
| EPS (diluted) | $0.14 | $0.26 |
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.
| Q4 25 | $117.0M | $75.5M | ||
| Q3 25 | $121.0M | $54.5M | ||
| Q2 25 | $124.9M | $52.4M | ||
| Q1 25 | $132.4M | $46.0M | ||
| Q4 24 | $137.8M | $59.1M | ||
| Q3 24 | $138.7M | $80.5M | ||
| Q2 24 | $145.5M | $47.1M | ||
| Q1 24 | $147.9M | $43.8M |
| Q4 25 | $48.2M | — | ||
| Q3 25 | $-60.1M | $8.8M | ||
| Q2 25 | $-24.1M | $5.9M | ||
| Q1 25 | $-189.4M | $3.0M | ||
| Q4 24 | $-6.5M | — | ||
| Q3 24 | $-65.6M | $20.3M | ||
| Q2 24 | $-35.7M | $-4.5M | ||
| Q1 24 | $-23.8M | $-4.8M |
| Q4 25 | — | 69.3% | ||
| Q3 25 | — | 77.7% | ||
| Q2 25 | — | 76.5% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 63.9% | ||
| Q2 24 | — | 77.4% | ||
| Q1 24 | — | 75.5% |
| Q4 25 | 94.7% | 22.7% | ||
| Q3 25 | -11.7% | 17.6% | ||
| Q2 25 | 33.9% | 12.7% | ||
| Q1 25 | -21.1% | 8.7% | ||
| Q4 24 | 40.8% | 22.6% | ||
| Q3 24 | 9.3% | 27.4% | ||
| Q2 24 | 42.6% | -4.6% | ||
| Q1 24 | 38.6% | -5.3% |
| Q4 25 | 41.2% | — | ||
| Q3 25 | -49.7% | 16.2% | ||
| Q2 25 | -19.3% | 11.2% | ||
| Q1 25 | -143.0% | 6.5% | ||
| Q4 24 | -4.7% | — | ||
| Q3 24 | -47.3% | 25.2% | ||
| Q2 24 | -24.5% | -9.6% | ||
| Q1 24 | -16.1% | -11.0% |
| Q4 25 | $0.14 | $0.26 | ||
| Q3 25 | $-0.32 | $0.17 | ||
| Q2 25 | $-0.16 | $0.12 | ||
| Q1 25 | $-0.87 | $0.06 | ||
| Q4 24 | $-0.08 | $0.40 | ||
| Q3 24 | $-0.33 | $0.41 | ||
| Q2 24 | $-0.20 | $-0.09 | ||
| Q1 24 | $-0.15 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $180.1M | $97.5M |
| Total DebtLower is stronger | — | $22.7M |
| Stockholders' EquityBook value | $1.7B | $130.3M |
| Total Assets | $4.3B | $216.3M |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $180.1M | $97.5M | ||
| Q3 25 | $165.1M | $94.4M | ||
| Q2 25 | $144.8M | $96.0M | ||
| Q1 25 | $147.0M | $93.2M | ||
| Q4 24 | $159.7M | $101.0M | ||
| Q3 24 | $127.2M | $96.7M | ||
| Q2 24 | $122.2M | $96.8M | ||
| Q1 24 | $131.9M | $107.2M |
| Q4 25 | — | $22.7M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | — | $45.3M | ||
| Q1 25 | — | $56.7M | ||
| Q4 24 | — | $68.0M | ||
| Q3 24 | — | $79.3M | ||
| Q2 24 | — | $90.7M | ||
| Q1 24 | — | $102.0M |
| Q4 25 | $1.7B | $130.3M | ||
| Q3 25 | $1.7B | $115.3M | ||
| Q2 25 | $1.8B | $104.7M | ||
| Q1 25 | $1.9B | $97.1M | ||
| Q4 24 | $2.2B | $92.1M | ||
| Q3 24 | $2.3B | $71.1M | ||
| Q2 24 | $2.4B | $48.5M | ||
| Q1 24 | $2.5B | $51.0M |
| Q4 25 | $4.3B | $216.3M | ||
| Q3 25 | $4.8B | $202.9M | ||
| Q2 25 | $5.0B | $194.9M | ||
| Q1 25 | $5.8B | $196.2M | ||
| Q4 24 | $7.0B | $213.3M | ||
| Q3 24 | $7.3B | $220.7M | ||
| Q2 24 | $7.6B | $205.0M | ||
| Q1 24 | $8.0B | $214.1M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.87× | ||
| Q1 24 | — | 2.00× |
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 | $222.8M | $14.4M |
| Free Cash FlowOCF − Capex | — | $14.4M |
| FCF MarginFCF / Revenue | — | 19.1% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 4.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $222.8M | $14.4M | ||
| Q3 25 | $56.0M | $9.7M | ||
| Q2 25 | $52.0M | $14.1M | ||
| Q1 25 | $59.2M | $3.6M | ||
| Q4 24 | $299.5M | $15.6M | ||
| Q3 24 | $62.1M | $11.0M | ||
| Q2 24 | $70.4M | $1.0M | ||
| Q1 24 | $92.2M | $11.2M |
| Q4 25 | — | $14.4M | ||
| Q3 25 | — | $9.7M | ||
| Q2 25 | — | $14.1M | ||
| Q1 25 | — | $3.6M | ||
| Q4 24 | — | $15.6M | ||
| Q3 24 | — | $11.0M | ||
| Q2 24 | — | $1.0M | ||
| Q1 24 | — | — |
| Q4 25 | — | 19.1% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 26.8% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | — | 26.4% | ||
| Q3 24 | — | 13.7% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 4.62× | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 2.41× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GNL
| Industrial And Distribution Segment | $56.0M | 48% |
| Office Segment | $30.8M | 26% |
| Single Tenant Retail Segment | $30.2M | 26% |
PBYI
Segment breakdown not available.
