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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and Ponce Financial Group, Inc. (PDLB). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($43.5M vs $31.4M, roughly 1.4× Ponce Financial Group, Inc.). Ponce Financial Group, Inc. runs the higher net margin — 36.3% vs 12.4%, a 23.9% gap on every dollar of revenue. On growth, Ponce Financial Group, Inc. posted the faster year-over-year revenue change (37.6% vs 16.3%). Over the past eight quarters, Ponce Financial Group, Inc.'s revenue compounded faster (23.7% CAGR vs 10.3%).
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.
Ponce Financial Group, Inc. is a U.S.-based financial holding company operating Ponce Bank as its core subsidiary. It serves multicultural, immigrant and low-to-moderate income communities in the New York metro area, offering retail and commercial banking products including deposits, mortgages, small business financing and personal credit.
GOOD vs PDLB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $31.4M |
| Net Profit | $5.4M | $10.1M |
| Gross Margin | — | — |
| Operating Margin | — | 43.6% |
| Net Margin | 12.4% | 36.3% |
| Revenue YoY | 16.3% | 37.6% |
| Net Profit YoY | -25.1% | 245.6% |
| EPS (diluted) | $0.05 | $0.43 |
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 | $43.5M | $31.4M | ||
| Q3 25 | $40.8M | $26.7M | ||
| Q2 25 | $39.5M | $26.5M | ||
| Q1 25 | $37.5M | $24.6M | ||
| Q4 24 | $37.4M | $22.8M | ||
| Q3 24 | $39.2M | $20.2M | ||
| Q2 24 | $37.1M | $20.2M | ||
| Q1 24 | $35.7M | $20.5M |
| Q4 25 | $5.4M | $10.1M | ||
| Q3 25 | $4.1M | $6.5M | ||
| Q2 25 | $4.6M | $6.1M | ||
| Q1 25 | $5.1M | $6.0M | ||
| Q4 24 | $7.2M | $2.9M | ||
| Q3 24 | $11.7M | $2.4M | ||
| Q2 24 | $1.6M | $3.2M | ||
| Q1 24 | $3.5M | $2.4M |
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 30.2% | ||
| Q1 25 | — | 32.5% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | 18.3% |
| Q4 25 | 12.4% | 36.3% | ||
| Q3 25 | 10.1% | 24.3% | ||
| Q2 25 | 11.7% | 23.0% | ||
| Q1 25 | 13.7% | 24.2% | ||
| Q4 24 | 19.2% | 14.1% | ||
| Q3 24 | 29.8% | 12.1% | ||
| Q2 24 | 4.3% | 15.8% | ||
| Q1 24 | 9.9% | 11.8% |
| Q4 25 | $0.05 | $0.43 | ||
| Q3 25 | $0.02 | $0.27 | ||
| Q2 25 | $0.03 | $0.25 | ||
| Q1 25 | $0.04 | $0.25 | ||
| Q4 24 | $0.10 | $0.11 | ||
| Q3 24 | $0.20 | $0.10 | ||
| Q2 24 | $-0.04 | $0.14 | ||
| Q1 24 | $0.01 | $0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.8M | $126.2M |
| Total DebtLower is stronger | $843.5M | $596.1M |
| Stockholders' EquityBook value | $171.8M | $541.5M |
| Total Assets | $1.2B | $3.2B |
| Debt / EquityLower = less leverage | 4.91× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.8M | $126.2M | ||
| Q3 25 | $18.4M | $146.6M | ||
| Q2 25 | $11.7M | $126.6M | ||
| Q1 25 | $10.4M | $129.9M | ||
| Q4 24 | $11.0M | $139.8M | ||
| Q3 24 | $10.5M | $155.8M | ||
| Q2 24 | $10.4M | $103.2M | ||
| Q1 24 | $10.5M | $134.7M |
| Q4 25 | $843.5M | $596.1M | ||
| Q3 25 | $843.3M | $521.1M | ||
| Q2 25 | $794.4M | $536.1M | ||
| Q1 25 | $740.7M | $521.1M | ||
| Q4 24 | $693.4M | $596.1M | ||
| Q3 24 | $692.6M | $580.4M | ||
| Q2 24 | $722.5M | $680.4M | ||
| Q1 24 | $719.4M | $680.4M |
| Q4 25 | $171.8M | $541.5M | ||
| Q3 25 | $184.8M | $529.8M | ||
| Q2 25 | $177.2M | $521.1M | ||
| Q1 25 | $183.2M | $513.9M | ||
| Q4 24 | $171.2M | $505.5M | ||
| Q3 24 | $168.9M | $504.6M | ||
| Q2 24 | $145.7M | $497.7M | ||
| Q1 24 | $147.3M | $493.7M |
| Q4 25 | $1.2B | $3.2B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.2B | $3.2B | ||
| Q1 25 | $1.2B | $3.1B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.1B | $3.0B | ||
| Q2 24 | $1.1B | $2.8B | ||
| Q1 24 | $1.1B | $2.8B |
| Q4 25 | 4.91× | 1.10× | ||
| Q3 25 | 4.56× | 0.98× | ||
| Q2 25 | 4.48× | 1.03× | ||
| Q1 25 | 4.04× | 1.01× | ||
| Q4 24 | 4.05× | 1.18× | ||
| Q3 24 | 4.10× | 1.15× | ||
| Q2 24 | 4.96× | 1.37× | ||
| Q1 24 | 4.88× | 1.38× |
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 | $88.2M | $55.6M |
| Free Cash FlowOCF − Capex | — | $54.6M |
| FCF MarginFCF / Revenue | — | 173.9% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | 16.38× | 5.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $74.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $88.2M | $55.6M | ||
| Q3 25 | $18.9M | $1.4M | ||
| Q2 25 | $35.8M | $6.2M | ||
| Q1 25 | $17.7M | $13.1M | ||
| Q4 24 | $57.0M | $7.2M | ||
| Q3 24 | $5.5M | $-14.6M | ||
| Q2 24 | $13.6M | $-2.6M | ||
| Q1 24 | $15.0M | $1.5M |
| Q4 25 | — | $54.6M | ||
| Q3 25 | — | $786.0K | ||
| Q2 25 | — | $5.9M | ||
| Q1 25 | — | $12.9M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $-15.0M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-315.0K |
| Q4 25 | — | 173.9% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 22.4% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | — | 19.7% | ||
| Q3 24 | — | -74.1% | ||
| Q2 24 | — | -13.0% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 8.7% |
| Q4 25 | 16.38× | 5.48× | ||
| Q3 25 | 4.57× | 0.21× | ||
| Q2 25 | 7.74× | 1.01× | ||
| Q1 25 | 3.44× | 2.20× | ||
| Q4 24 | 7.93× | 2.46× | ||
| Q3 24 | 0.47× | -5.99× | ||
| Q2 24 | 8.44× | -0.80× | ||
| Q1 24 | 4.26× | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
