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Side-by-side financial comparison of Global Net Lease, Inc. (GNL) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $117.0M, roughly 1.6× Global Net Lease, Inc.). Global Net Lease, Inc. runs the higher net margin — 41.2% vs 8.4%, a 32.8% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs -15.1%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

GNL vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.6× larger
PSIX
$191.2M
$117.0M
GNL
Growing faster (revenue YoY)
PSIX
PSIX
+47.6% gap
PSIX
32.5%
-15.1%
GNL
Higher net margin
GNL
GNL
32.8% more per $
GNL
41.2%
8.4%
PSIX
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
-11.1%
GNL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GNL
GNL
PSIX
PSIX
Revenue
$117.0M
$191.2M
Net Profit
$48.2M
$16.1M
Gross Margin
21.9%
Operating Margin
94.7%
12.7%
Net Margin
41.2%
8.4%
Revenue YoY
-15.1%
32.5%
Net Profit YoY
838.7%
-31.0%
EPS (diluted)
$0.14
$0.69

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
GNL
GNL
PSIX
PSIX
Q4 25
$117.0M
$191.2M
Q3 25
$121.0M
$203.8M
Q2 25
$124.9M
$191.9M
Q1 25
$132.4M
$135.4M
Q4 24
$137.8M
$144.3M
Q3 24
$138.7M
$125.8M
Q2 24
$145.5M
$110.6M
Q1 24
$147.9M
$95.2M
Net Profit
GNL
GNL
PSIX
PSIX
Q4 25
$48.2M
$16.1M
Q3 25
$-60.1M
$27.6M
Q2 25
$-24.1M
$51.2M
Q1 25
$-189.4M
$19.1M
Q4 24
$-6.5M
$23.3M
Q3 24
$-65.6M
$17.3M
Q2 24
$-35.7M
$21.5M
Q1 24
$-23.8M
$7.1M
Gross Margin
GNL
GNL
PSIX
PSIX
Q4 25
21.9%
Q3 25
23.9%
Q2 25
28.2%
Q1 25
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Q1 24
27.0%
Operating Margin
GNL
GNL
PSIX
PSIX
Q4 25
94.7%
12.7%
Q3 25
-11.7%
13.9%
Q2 25
33.9%
16.9%
Q1 25
-21.1%
18.2%
Q4 24
40.8%
17.5%
Q3 24
9.3%
16.3%
Q2 24
42.6%
22.9%
Q1 24
38.6%
11.2%
Net Margin
GNL
GNL
PSIX
PSIX
Q4 25
41.2%
8.4%
Q3 25
-49.7%
13.5%
Q2 25
-19.3%
26.7%
Q1 25
-143.0%
14.1%
Q4 24
-4.7%
16.1%
Q3 24
-47.3%
13.8%
Q2 24
-24.5%
19.5%
Q1 24
-16.1%
7.5%
EPS (diluted)
GNL
GNL
PSIX
PSIX
Q4 25
$0.14
$0.69
Q3 25
$-0.32
$1.20
Q2 25
$-0.16
$2.22
Q1 25
$-0.87
$0.83
Q4 24
$-0.08
$1.01
Q3 24
$-0.33
$0.75
Q2 24
$-0.20
$0.94
Q1 24
$-0.15
$0.31

Balance Sheet & Financial Strength

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

Metric
GNL
GNL
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$180.1M
$41.3M
Total DebtLower is stronger
$96.6M
Stockholders' EquityBook value
$1.7B
$178.6M
Total Assets
$4.3B
$424.7M
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNL
GNL
PSIX
PSIX
Q4 25
$180.1M
$41.3M
Q3 25
$165.1M
$49.0M
Q2 25
$144.8M
$49.5M
Q1 25
$147.0M
$50.0M
Q4 24
$159.7M
$55.3M
Q3 24
$127.2M
$40.5M
Q2 24
$122.2M
$28.8M
Q1 24
$131.9M
$33.1M
Total Debt
GNL
GNL
PSIX
PSIX
Q4 25
$96.6M
Q3 25
$96.7M
Q2 25
$1.8M
Q1 25
$1.0M
Q4 24
$184.0K
Q3 24
$238.0K
Q2 24
$292.0K
Q1 24
$345.0K
Stockholders' Equity
GNL
GNL
PSIX
PSIX
Q4 25
$1.7B
$178.6M
Q3 25
$1.7B
$162.5M
Q2 25
$1.8B
$135.7M
Q1 25
$1.9B
$84.3M
Q4 24
$2.2B
$65.3M
Q3 24
$2.3B
$42.1M
Q2 24
$2.4B
$24.8M
Q1 24
$2.5B
$3.2M
Total Assets
GNL
GNL
PSIX
PSIX
Q4 25
$4.3B
$424.7M
Q3 25
$4.8B
$458.9M
Q2 25
$5.0B
$437.7M
Q1 25
$5.8B
$372.7M
Q4 24
$7.0B
$328.2M
Q3 24
$7.3B
$339.1M
Q2 24
$7.6B
$307.6M
Q1 24
$8.0B
$286.8M
Debt / Equity
GNL
GNL
PSIX
PSIX
Q4 25
0.54×
Q3 25
0.60×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.00×
Q3 24
0.01×
Q2 24
0.01×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GNL
GNL
PSIX
PSIX
Operating Cash FlowLast quarter
$222.8M
$-4.6M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-4.0%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
4.62×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNL
GNL
PSIX
PSIX
Q4 25
$222.8M
$-4.6M
Q3 25
$56.0M
$3.3M
Q2 25
$52.0M
$16.7M
Q1 25
$59.2M
$8.8M
Q4 24
$299.5M
$32.7M
Q3 24
$62.1M
$12.6M
Q2 24
$70.4M
$1.5M
Q1 24
$92.2M
$15.6M
Free Cash Flow
GNL
GNL
PSIX
PSIX
Q4 25
$-7.6M
Q3 25
$1.7M
Q2 25
$14.6M
Q1 25
$5.4M
Q4 24
$30.0M
Q3 24
$12.1M
Q2 24
$822.0K
Q1 24
$14.8M
FCF Margin
GNL
GNL
PSIX
PSIX
Q4 25
-4.0%
Q3 25
0.8%
Q2 25
7.6%
Q1 25
4.0%
Q4 24
20.8%
Q3 24
9.7%
Q2 24
0.7%
Q1 24
15.6%
Capex Intensity
GNL
GNL
PSIX
PSIX
Q4 25
1.6%
Q3 25
0.8%
Q2 25
1.1%
Q1 25
2.5%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
0.6%
Q1 24
0.9%
Cash Conversion
GNL
GNL
PSIX
PSIX
Q4 25
4.62×
-0.29×
Q3 25
0.12×
Q2 25
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GNL
GNL

Industrial And Distribution Segment$56.0M48%
Office Segment$30.8M26%
Single Tenant Retail Segment$30.2M26%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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