vs
Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and Hyperscale Data, Inc. (GPUS). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($41.9M vs $26.9M, roughly 1.6× Hyperscale Data, Inc.). GLADSTONE COMMERCIAL CORP runs the higher net margin — 16.6% vs -112.0%, a 128.6% gap on every dollar of revenue. On growth, Hyperscale Data, Inc. posted the faster year-over-year revenue change (38.4% vs -3.6%). Over the past eight quarters, GLADSTONE COMMERCIAL CORP's revenue compounded faster (6.3% CAGR vs -16.3%).
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
Hyperscale Data, Inc. provides GPU-accelerated computing infrastructure and cloud solutions tailored for AI development, big data processing, and high-performance computing workloads. It primarily serves AI startups, large technology firms, and cloud service providers across North America and the Asia-Pacific region, delivering scalable, high-efficiency computing resources to support complex data processing needs.
GOOD vs GPUS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.9M | $26.9M |
| Net Profit | $7.0M | $-30.1M |
| Gross Margin | — | 14.5% |
| Operating Margin | 160.2% | -117.8% |
| Net Margin | 16.6% | -112.0% |
| Revenue YoY | -3.6% | 38.4% |
| Net Profit YoY | 29.5% | -6670.3% |
| 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 | $41.9M | — | ||
| Q4 25 | $43.5M | $26.9M | ||
| Q3 25 | $40.8M | $24.3M | ||
| Q2 25 | $39.5M | $25.9M | ||
| Q1 25 | $37.5M | $25.0M | ||
| Q4 24 | $37.4M | $19.4M | ||
| Q3 24 | $39.2M | $31.1M | ||
| Q2 24 | $37.1M | $17.8M |
| Q1 26 | $7.0M | — | ||
| Q4 25 | $5.4M | $-30.1M | ||
| Q3 25 | $4.1M | $-13.0M | ||
| Q2 25 | $4.6M | $-19.1M | ||
| Q1 25 | $5.1M | $-4.2M | ||
| Q4 24 | $7.2M | $-445.0K | ||
| Q3 24 | $11.7M | $-25.5M | ||
| Q2 24 | $1.6M | $-33.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.5% | ||
| Q3 25 | — | 25.8% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 27.5% | ||
| Q2 24 | — | -21.3% |
| Q1 26 | 160.2% | — | ||
| Q4 25 | — | -117.8% | ||
| Q3 25 | — | -57.8% | ||
| Q2 25 | — | -39.2% | ||
| Q1 25 | — | -25.5% | ||
| Q4 24 | — | -46.8% | ||
| Q3 24 | — | -79.2% | ||
| Q2 24 | — | -151.4% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.4% | -112.0% | ||
| Q3 25 | 10.1% | -53.5% | ||
| Q2 25 | 11.7% | -73.7% | ||
| Q1 25 | 13.7% | -16.8% | ||
| Q4 24 | 19.2% | -2.3% | ||
| Q3 24 | 29.8% | -82.3% | ||
| Q2 24 | 4.3% | -190.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.02 | $-0.39 | ||
| Q2 25 | $0.03 | $-2.66 | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $0.10 | $-8.78 | ||
| Q3 24 | $0.20 | $-24.82 | ||
| Q2 24 | $-0.04 | $-37.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $13.1M |
| Total DebtLower is stronger | — | $83.1M |
| Stockholders' EquityBook value | — | $119.8M |
| Total Assets | $1.2B | $313.7M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $13.1M | ||
| Q3 25 | $18.4M | $24.8M | ||
| Q2 25 | $11.7M | $5.9M | ||
| Q1 25 | $10.4M | $4.2M | ||
| Q4 24 | $11.0M | $4.5M | ||
| Q3 24 | $10.5M | $7.9M | ||
| Q2 24 | $10.4M | $9.6M |
| Q1 26 | — | — | ||
| Q4 25 | $843.5M | $83.1M | ||
| Q3 25 | $843.3M | $80.0M | ||
| Q2 25 | $794.4M | $88.5M | ||
| Q1 25 | $740.7M | $92.8M | ||
| Q4 24 | $693.4M | $96.7M | ||
| Q3 24 | $692.6M | $104.8M | ||
| Q2 24 | $722.5M | $106.8M |
| Q1 26 | — | — | ||
| Q4 25 | $171.8M | $119.8M | ||
| Q3 25 | $184.8M | $55.9M | ||
| Q2 25 | $177.2M | $5.5M | ||
| Q1 25 | $183.2M | $6.3M | ||
| Q4 24 | $171.2M | $8.6M | ||
| Q3 24 | $168.9M | $2.7M | ||
| Q2 24 | $145.7M | $26.7M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $313.7M | ||
| Q3 25 | $1.3B | $242.4M | ||
| Q2 25 | $1.2B | $213.5M | ||
| Q1 25 | $1.2B | $218.5M | ||
| Q4 24 | $1.1B | $220.8M | ||
| Q3 24 | $1.1B | $231.5M | ||
| Q2 24 | $1.1B | $270.8M |
| Q1 26 | — | — | ||
| Q4 25 | 4.91× | 0.69× | ||
| Q3 25 | 4.56× | 1.43× | ||
| Q2 25 | 4.48× | 16.06× | ||
| Q1 25 | 4.04× | 14.71× | ||
| Q4 24 | 4.05× | 11.19× | ||
| Q3 24 | 4.10× | 38.41× | ||
| Q2 24 | 4.96× | 4.00× |
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 | — | $-37.7M |
| Free Cash FlowOCF − Capex | — | $-56.2M |
| FCF MarginFCF / Revenue | — | -208.7% |
| Capex IntensityCapex / Revenue | — | 68.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-87.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $88.2M | $-37.7M | ||
| Q3 25 | $18.9M | $-17.8M | ||
| Q2 25 | $35.8M | $-3.1M | ||
| Q1 25 | $17.7M | $-4.0M | ||
| Q4 24 | $57.0M | $-9.2M | ||
| Q3 24 | $5.5M | $3.7M | ||
| Q2 24 | $13.6M | $-3.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-56.2M | ||
| Q3 25 | — | $-20.6M | ||
| Q2 25 | — | $-3.5M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $-5.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | -208.7% | ||
| Q3 25 | — | -84.5% | ||
| Q2 25 | — | -13.5% | ||
| Q1 25 | — | -27.3% | ||
| Q4 24 | — | -47.6% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | -33.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 68.6% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 11.5% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 12.6% |
| Q1 26 | — | — | ||
| Q4 25 | 16.38× | — | ||
| Q3 25 | 4.57× | — | ||
| Q2 25 | 7.74× | — | ||
| Q1 25 | 3.44× | — | ||
| Q4 24 | 7.93× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 8.44× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOOD
Segment breakdown not available.
GPUS
| Transferred Over Time | $10.4M | 39% |
| Revenue From Mined Crypto Assets At Sentinum Owned And Operated Facilities | $5.8M | 21% |
| Hotel And Real Estate Operations | $4.8M | 18% |
| Other | $4.0M | 15% |
| Turn On Green | $2.0M | 7% |
