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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and Postal Realty Trust, Inc. (PSTL). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($41.9M vs $26.0M, roughly 1.6× Postal Realty Trust, Inc.). Postal Realty Trust, Inc. runs the higher net margin — 17.9% vs 16.6%, a 1.2% gap on every dollar of revenue. On growth, Postal Realty Trust, Inc. posted the faster year-over-year revenue change (21.7% vs -3.6%). Over the past eight quarters, Postal Realty Trust, Inc.'s revenue compounded faster (22.6% 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.
Postal Realty Trust, Inc. is a specialized real estate investment trust that acquires, owns, and manages properties primarily leased to the United States Postal Service. Its portfolio includes last-mile postal facilities, sorting centers, and retail post office locations across the U.S., supporting critical mail and package delivery infrastructure.
GOOD vs PSTL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.9M | $26.0M |
| Net Profit | $7.0M | $4.6M |
| Gross Margin | — | — |
| Operating Margin | 160.2% | 39.2% |
| Net Margin | 16.6% | 17.9% |
| Revenue YoY | -3.6% | 21.7% |
| Net Profit YoY | 29.5% | 3.1% |
| EPS (diluted) | — | $0.16 |
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 | $26.0M | ||
| Q3 25 | $40.8M | $24.3M | ||
| Q2 25 | $39.5M | $23.4M | ||
| Q1 25 | $37.5M | $22.1M | ||
| Q4 24 | $37.4M | $21.4M | ||
| Q3 24 | $39.2M | $19.7M | ||
| Q2 24 | $37.1M | $18.1M |
| Q1 26 | $7.0M | — | ||
| Q4 25 | $5.4M | $4.6M | ||
| Q3 25 | $4.1M | $3.8M | ||
| Q2 25 | $4.6M | $3.6M | ||
| Q1 25 | $5.1M | $2.1M | ||
| Q4 24 | $7.2M | $4.5M | ||
| Q3 24 | $11.7M | $1.1M | ||
| Q2 24 | $1.6M | $817.0K |
| Q1 26 | 160.2% | — | ||
| Q4 25 | — | 39.2% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | — | 43.2% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 22.8% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.4% | 17.9% | ||
| Q3 25 | 10.1% | 15.7% | ||
| Q2 25 | 11.7% | 15.5% | ||
| Q1 25 | 13.7% | 9.4% | ||
| Q4 24 | 19.2% | 21.1% | ||
| Q3 24 | 29.8% | 5.4% | ||
| Q2 24 | 4.3% | 4.5% |
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | $0.16 | ||
| Q3 25 | $0.02 | $0.13 | ||
| Q2 25 | $0.03 | $0.12 | ||
| Q1 25 | $0.04 | $0.06 | ||
| Q4 24 | $0.10 | $0.17 | ||
| Q3 24 | $0.20 | $0.03 | ||
| Q2 24 | $-0.04 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.5M |
| Total DebtLower is stronger | — | $361.1M |
| Stockholders' EquityBook value | — | $285.2M |
| Total Assets | $1.2B | $759.1M |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $1.5M | ||
| Q3 25 | $18.4M | $1.9M | ||
| Q2 25 | $11.7M | $1.1M | ||
| Q1 25 | $10.4M | $639.0K | ||
| Q4 24 | $11.0M | $1.8M | ||
| Q3 24 | $10.5M | $970.0K | ||
| Q2 24 | $10.4M | $1.7M |
| Q1 26 | — | — | ||
| Q4 25 | $843.5M | $361.1M | ||
| Q3 25 | $843.3M | $347.0M | ||
| Q2 25 | $794.4M | $328.8M | ||
| Q1 25 | $740.7M | $306.7M | ||
| Q4 24 | $693.4M | $296.7M | ||
| Q3 24 | $692.6M | $277.0M | ||
| Q2 24 | $722.5M | $273.7M |
| Q1 26 | — | — | ||
| Q4 25 | $171.8M | $285.2M | ||
| Q3 25 | $184.8M | $273.9M | ||
| Q2 25 | $177.2M | $250.8M | ||
| Q1 25 | $183.2M | $245.5M | ||
| Q4 24 | $171.2M | $251.3M | ||
| Q3 24 | $168.9M | $245.6M | ||
| Q2 24 | $145.7M | $245.5M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $759.1M | ||
| Q3 25 | $1.3B | $735.2M | ||
| Q2 25 | $1.2B | $689.8M | ||
| Q1 25 | $1.2B | $654.0M | ||
| Q4 24 | $1.1B | $646.8M | ||
| Q3 24 | $1.1B | $615.1M | ||
| Q2 24 | $1.1B | $608.2M |
| Q1 26 | — | — | ||
| Q4 25 | 4.91× | 1.27× | ||
| Q3 25 | 4.56× | 1.27× | ||
| Q2 25 | 4.48× | 1.31× | ||
| Q1 25 | 4.04× | 1.25× | ||
| Q4 24 | 4.05× | 1.18× | ||
| Q3 24 | 4.10× | 1.13× | ||
| Q2 24 | 4.96× | 1.11× |
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 | — | $44.5M |
| Free Cash FlowOCF − Capex | — | $37.6M |
| FCF MarginFCF / Revenue | — | 144.5% |
| Capex IntensityCapex / Revenue | — | 26.7% |
| Cash ConversionOCF / Net Profit | — | 9.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $65.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $88.2M | $44.5M | ||
| Q3 25 | $18.9M | $10.9M | ||
| Q2 25 | $35.8M | $11.4M | ||
| Q1 25 | $17.7M | $10.8M | ||
| Q4 24 | $57.0M | $33.5M | ||
| Q3 24 | $5.5M | $8.0M | ||
| Q2 24 | $13.6M | $9.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $37.6M | ||
| Q3 25 | — | $8.8M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $30.7M | ||
| Q3 24 | — | $7.4M | ||
| Q2 24 | — | $8.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 144.5% | ||
| Q3 25 | — | 36.1% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | — | 45.9% | ||
| Q4 24 | — | 143.8% | ||
| Q3 24 | — | 37.6% | ||
| Q2 24 | — | 49.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 5.4% |
| Q1 26 | — | — | ||
| Q4 25 | 16.38× | 9.59× | ||
| Q3 25 | 4.57× | 2.87× | ||
| Q2 25 | 7.74× | 3.16× | ||
| Q1 25 | 3.44× | 5.20× | ||
| Q4 24 | 7.93× | 7.44× | ||
| Q3 24 | 0.47× | 7.48× | ||
| Q2 24 | 8.44× | 12.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
