vs
Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and PETMED EXPRESS INC (PETS). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($41.9M vs $40.7M, roughly 1.0× PETMED EXPRESS INC). GLADSTONE COMMERCIAL CORP runs the higher net margin — 16.6% vs -26.0%, a 42.6% gap on every dollar of revenue. On growth, GLADSTONE COMMERCIAL CORP posted the faster year-over-year revenue change (-3.6% vs -23.3%). Over the past eight quarters, GLADSTONE COMMERCIAL CORP's revenue compounded faster (6.3% CAGR vs -20.9%).
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.
PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.
GOOD vs PETS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $41.9M | $40.7M |
| Net Profit | $7.0M | $-10.6M |
| Gross Margin | — | 23.3% |
| Operating Margin | 160.2% | -25.7% |
| Net Margin | 16.6% | -26.0% |
| Revenue YoY | -3.6% | -23.3% |
| Net Profit YoY | 29.5% | -1392.6% |
| EPS (diluted) | — | $-0.50 |
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 | $40.7M | ||
| Q3 25 | $40.8M | $44.4M | ||
| Q2 25 | $39.5M | $51.2M | ||
| Q1 25 | $37.5M | $50.8M | ||
| Q4 24 | $37.4M | $52.0M | ||
| Q3 24 | $39.2M | $58.0M | ||
| Q2 24 | $37.1M | $66.2M |
| Q1 26 | $7.0M | — | ||
| Q4 25 | $5.4M | $-10.6M | ||
| Q3 25 | $4.1M | $-8.5M | ||
| Q2 25 | $4.6M | $-34.2M | ||
| Q1 25 | $5.1M | $-11.6M | ||
| Q4 24 | $7.2M | $-707.0K | ||
| Q3 24 | $11.7M | $2.3M | ||
| Q2 24 | $1.6M | $3.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 23.3% | ||
| Q3 25 | — | 28.0% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 31.0% | ||
| Q3 24 | — | 32.3% | ||
| Q2 24 | — | 28.8% |
| Q1 26 | 160.2% | — | ||
| Q4 25 | — | -25.7% | ||
| Q3 25 | — | -18.9% | ||
| Q2 25 | — | -66.7% | ||
| Q1 25 | — | -11.9% | ||
| Q4 24 | — | -0.9% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 6.6% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.4% | -26.0% | ||
| Q3 25 | 10.1% | -19.2% | ||
| Q2 25 | 11.7% | -66.7% | ||
| Q1 25 | 13.7% | -22.9% | ||
| Q4 24 | 19.2% | -1.4% | ||
| Q3 24 | 29.8% | 4.0% | ||
| Q2 24 | 4.3% | 5.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | $-0.50 | ||
| Q3 25 | $0.02 | $-0.41 | ||
| Q2 25 | $0.03 | $-1.65 | ||
| Q1 25 | $0.04 | $-0.56 | ||
| Q4 24 | $0.10 | $-0.03 | ||
| Q3 24 | $0.20 | $0.11 | ||
| Q2 24 | $-0.04 | $0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $26.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $32.8M |
| Total Assets | $1.2B | $88.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $26.9M | ||
| Q3 25 | $18.4M | $36.1M | ||
| Q2 25 | $11.7M | $41.1M | ||
| Q1 25 | $10.4M | $54.7M | ||
| Q4 24 | $11.0M | $50.1M | ||
| Q3 24 | $10.5M | $52.0M | ||
| Q2 24 | $10.4M | $46.0M |
| 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 | $32.8M | ||
| Q3 25 | $184.8M | $43.1M | ||
| Q2 25 | $177.2M | $51.5M | ||
| Q1 25 | $183.2M | $85.1M | ||
| Q4 24 | $171.2M | $96.2M | ||
| Q3 24 | $168.9M | $96.4M | ||
| Q2 24 | $145.7M | $93.5M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $88.0M | ||
| Q3 25 | $1.3B | $100.3M | ||
| Q2 25 | $1.2B | $109.8M | ||
| Q1 25 | $1.2B | $148.7M | ||
| Q4 24 | $1.1B | $144.8M | ||
| Q3 24 | $1.1B | $146.0M | ||
| Q2 24 | $1.1B | $152.7M |
| 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 | — | $-9.2M |
| Free Cash FlowOCF − Capex | — | $-9.2M |
| FCF MarginFCF / Revenue | — | -22.7% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $88.2M | $-9.2M | ||
| Q3 25 | $18.9M | $-2.2M | ||
| Q2 25 | $35.8M | $-12.3M | ||
| Q1 25 | $17.7M | $7.0M | ||
| Q4 24 | $57.0M | $-1.2M | ||
| Q3 24 | $5.5M | $7.4M | ||
| Q2 24 | $13.6M | $-8.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-9.2M | ||
| Q3 25 | — | $-4.8M | ||
| Q2 25 | — | $-13.6M | ||
| Q1 25 | — | $4.6M | ||
| Q4 24 | — | $-1.9M | ||
| Q3 24 | — | $6.1M | ||
| Q2 24 | — | $-9.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | -22.7% | ||
| Q3 25 | — | -10.8% | ||
| Q2 25 | — | -26.5% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | -3.7% | ||
| Q3 24 | — | 10.6% | ||
| Q2 24 | — | -13.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 1.0% |
| 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× | 3.18× | ||
| Q2 24 | 8.44× | -2.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOOD
Segment breakdown not available.
PETS
| Reorder | $34.0M | 84% |
| New Order | $5.0M | 12% |
| Membership Fees | $1.6M | 4% |
