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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and HANMI FINANCIAL CORP (HAFC). Click either name above to swap in a different company.
HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $41.9M, roughly 1.7× GLADSTONE COMMERCIAL CORP). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 16.6%, a 13.2% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs -3.6%). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs 6.3%).
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.
Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.
GOOD vs HAFC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.9M | $71.2M |
| Net Profit | $7.0M | $21.2M |
| Gross Margin | — | — |
| Operating Margin | 160.2% | 29.8% |
| Net Margin | 16.6% | 29.8% |
| Revenue YoY | -3.6% | 17.1% |
| Net Profit YoY | 29.5% | 20.0% |
| EPS (diluted) | — | $0.70 |
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 | $71.2M | ||
| Q3 25 | $40.8M | $71.0M | ||
| Q2 25 | $39.5M | $65.2M | ||
| Q1 25 | $37.5M | $62.8M | ||
| Q4 24 | $37.4M | $60.8M | ||
| Q3 24 | $39.2M | $58.5M | ||
| Q2 24 | $37.1M | $56.7M |
| Q1 26 | $7.0M | — | ||
| Q4 25 | $5.4M | $21.2M | ||
| Q3 25 | $4.1M | $22.1M | ||
| Q2 25 | $4.6M | $15.1M | ||
| Q1 25 | $5.1M | $17.7M | ||
| Q4 24 | $7.2M | $17.7M | ||
| Q3 24 | $11.7M | $14.9M | ||
| Q2 24 | $1.6M | $14.5M |
| Q1 26 | 160.2% | — | ||
| Q4 25 | — | 29.8% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | — | 29.1% | ||
| Q3 24 | — | 25.5% | ||
| Q2 24 | — | 25.5% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.4% | 29.8% | ||
| Q3 25 | 10.1% | 31.1% | ||
| Q2 25 | 11.7% | 23.2% | ||
| Q1 25 | 13.7% | 28.1% | ||
| Q4 24 | 19.2% | 29.1% | ||
| Q3 24 | 29.8% | 25.5% | ||
| Q2 24 | 4.3% | 25.5% |
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | $0.70 | ||
| Q3 25 | $0.02 | $0.73 | ||
| Q2 25 | $0.03 | $0.50 | ||
| Q1 25 | $0.04 | $0.58 | ||
| Q4 24 | $0.10 | $0.58 | ||
| Q3 24 | $0.20 | $0.49 | ||
| Q2 24 | $-0.04 | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $796.4M |
| Total Assets | $1.2B | $7.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | — | ||
| Q3 25 | $18.4M | — | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | $10.4M | — | ||
| Q4 24 | $11.0M | — | ||
| Q3 24 | $10.5M | — | ||
| Q2 24 | $10.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $843.5M | — | ||
| Q3 25 | $843.3M | — | ||
| Q2 25 | $794.4M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $693.4M | — | ||
| Q3 24 | $692.6M | — | ||
| Q2 24 | $722.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | $171.8M | $796.4M | ||
| Q3 25 | $184.8M | $779.5M | ||
| Q2 25 | $177.2M | $762.8M | ||
| Q1 25 | $183.2M | $751.5M | ||
| Q4 24 | $171.2M | $732.2M | ||
| Q3 24 | $168.9M | $736.7M | ||
| Q2 24 | $145.7M | $707.1M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $7.9B | ||
| Q3 25 | $1.3B | $7.9B | ||
| Q2 25 | $1.2B | $7.9B | ||
| Q1 25 | $1.2B | $7.7B | ||
| Q4 24 | $1.1B | $7.7B | ||
| Q3 24 | $1.1B | $7.7B | ||
| Q2 24 | $1.1B | $7.6B |
| Q1 26 | — | — | ||
| Q4 25 | 4.91× | — | ||
| Q3 25 | 4.56× | — | ||
| Q2 25 | 4.48× | — | ||
| Q1 25 | 4.04× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 4.10× | — | ||
| Q2 24 | 4.96× | — |
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 | — | $206.0M |
| Free Cash FlowOCF − Capex | — | $203.7M |
| FCF MarginFCF / Revenue | — | 286.2% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 9.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $356.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $88.2M | $206.0M | ||
| Q3 25 | $18.9M | $146.9M | ||
| Q2 25 | $35.8M | $-19.0M | ||
| Q1 25 | $17.7M | $25.8M | ||
| Q4 24 | $57.0M | $52.6M | ||
| Q3 24 | $5.5M | $6.7M | ||
| Q2 24 | $13.6M | $2.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $203.7M | ||
| Q3 25 | — | $146.4M | ||
| Q2 25 | — | $-19.6M | ||
| Q1 25 | — | $25.6M | ||
| Q4 24 | — | $49.9M | ||
| Q3 24 | — | $6.5M | ||
| Q2 24 | — | $1.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 286.2% | ||
| Q3 25 | — | 206.3% | ||
| Q2 25 | — | -30.0% | ||
| Q1 25 | — | 40.7% | ||
| Q4 24 | — | 82.1% | ||
| Q3 24 | — | 11.1% | ||
| Q2 24 | — | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 16.38× | 9.70× | ||
| Q3 25 | 4.57× | 6.66× | ||
| Q2 25 | 7.74× | -1.26× | ||
| Q1 25 | 3.44× | 1.46× | ||
| Q4 24 | 7.93× | 2.97× | ||
| Q3 24 | 0.47× | 0.45× | ||
| Q2 24 | 8.44× | 0.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
