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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and Red Violet, Inc. (RDVT). Click either name above to swap in a different company.

GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($41.9M vs $23.4M, roughly 1.8× Red Violet, Inc.). GLADSTONE COMMERCIAL CORP runs the higher net margin — 16.6% vs 12.0%, a 4.6% gap on every dollar of revenue. On growth, Red Violet, Inc. posted the faster year-over-year revenue change (19.6% vs -3.6%). Over the past eight quarters, Red Violet, Inc.'s revenue compounded faster (15.6% 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.

Red Violet, Inc. is a technology firm specializing in advanced data analytics, risk mitigation, and identity verification solutions. It serves clients across law enforcement, financial services, insurance, and corporate compliance sectors, delivering actionable insights from curated public and proprietary data sets to support informed decision-making.

GOOD vs RDVT — Head-to-Head

Bigger by revenue
GOOD
GOOD
1.8× larger
GOOD
$41.9M
$23.4M
RDVT
Growing faster (revenue YoY)
RDVT
RDVT
+23.1% gap
RDVT
19.6%
-3.6%
GOOD
Higher net margin
GOOD
GOOD
4.6% more per $
GOOD
16.6%
12.0%
RDVT
Faster 2-yr revenue CAGR
RDVT
RDVT
Annualised
RDVT
15.6%
6.3%
GOOD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GOOD
GOOD
RDVT
RDVT
Revenue
$41.9M
$23.4M
Net Profit
$7.0M
$2.8M
Gross Margin
Operating Margin
160.2%
6.8%
Net Margin
16.6%
12.0%
Revenue YoY
-3.6%
19.6%
Net Profit YoY
29.5%
226.2%
EPS (diluted)
$0.20

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.

Revenue
GOOD
GOOD
RDVT
RDVT
Q1 26
$41.9M
Q4 25
$43.5M
$23.4M
Q3 25
$40.8M
$23.1M
Q2 25
$39.5M
$21.8M
Q1 25
$37.5M
$22.0M
Q4 24
$37.4M
$19.6M
Q3 24
$39.2M
$19.1M
Q2 24
$37.1M
$19.1M
Net Profit
GOOD
GOOD
RDVT
RDVT
Q1 26
$7.0M
Q4 25
$5.4M
$2.8M
Q3 25
$4.1M
$4.2M
Q2 25
$4.6M
$2.7M
Q1 25
$5.1M
$3.4M
Q4 24
$7.2M
$863.0K
Q3 24
$11.7M
$1.7M
Q2 24
$1.6M
$2.6M
Operating Margin
GOOD
GOOD
RDVT
RDVT
Q1 26
160.2%
Q4 25
6.8%
Q3 25
19.8%
Q2 25
12.6%
Q1 25
19.1%
Q4 24
1.9%
Q3 24
13.1%
Q2 24
16.1%
Net Margin
GOOD
GOOD
RDVT
RDVT
Q1 26
16.6%
Q4 25
12.4%
12.0%
Q3 25
10.1%
18.3%
Q2 25
11.7%
12.3%
Q1 25
13.7%
15.6%
Q4 24
19.2%
4.4%
Q3 24
29.8%
9.0%
Q2 24
4.3%
13.8%
EPS (diluted)
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
$0.05
$0.20
Q3 25
$0.02
$0.29
Q2 25
$0.03
$0.18
Q1 25
$0.04
$0.24
Q4 24
$0.10
$0.06
Q3 24
$0.20
$0.12
Q2 24
$-0.04
$0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GOOD
GOOD
RDVT
RDVT
Cash + ST InvestmentsLiquidity on hand
$43.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$100.9M
Total Assets
$1.2B
$112.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
$10.8M
$43.6M
Q3 25
$18.4M
$45.4M
Q2 25
$11.7M
$38.8M
Q1 25
$10.4M
$34.6M
Q4 24
$11.0M
$36.5M
Q3 24
$10.5M
$35.7M
Q2 24
$10.4M
$30.9M
Total Debt
GOOD
GOOD
RDVT
RDVT
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
Stockholders' Equity
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
$171.8M
$100.9M
Q3 25
$184.8M
$101.7M
Q2 25
$177.2M
$96.2M
Q1 25
$183.2M
$91.8M
Q4 24
$171.2M
$86.6M
Q3 24
$168.9M
$91.7M
Q2 24
$145.7M
$88.0M
Total Assets
GOOD
GOOD
RDVT
RDVT
Q1 26
$1.2B
Q4 25
$1.2B
$112.0M
Q3 25
$1.3B
$112.1M
Q2 25
$1.2B
$104.8M
Q1 25
$1.2B
$99.1M
Q4 24
$1.1B
$98.5M
Q3 24
$1.1B
$98.0M
Q2 24
$1.1B
$93.5M
Debt / Equity
GOOD
GOOD
RDVT
RDVT
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
GOOD
GOOD
RDVT
RDVT
Operating Cash FlowLast quarter
$6.7M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
28.1%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
$88.2M
$6.7M
Q3 25
$18.9M
$10.2M
Q2 25
$35.8M
$7.5M
Q1 25
$17.7M
$5.0M
Q4 24
$57.0M
$6.7M
Q3 24
$5.5M
$7.2M
Q2 24
$13.6M
$5.7M
Free Cash Flow
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
$6.6M
Q3 25
$10.0M
Q2 25
$7.3M
Q1 25
$5.0M
Q4 24
$6.7M
Q3 24
$7.2M
Q2 24
$5.7M
FCF Margin
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
28.1%
Q3 25
43.3%
Q2 25
33.5%
Q1 25
22.5%
Q4 24
34.1%
Q3 24
37.8%
Q2 24
29.7%
Capex Intensity
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
0.5%
Q3 25
0.8%
Q2 25
0.9%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.3%
Cash Conversion
GOOD
GOOD
RDVT
RDVT
Q1 26
Q4 25
16.38×
2.38×
Q3 25
4.57×
2.41×
Q2 25
7.74×
2.79×
Q1 25
3.44×
1.45×
Q4 24
7.93×
7.75×
Q3 24
0.47×
4.22×
Q2 24
8.44×
2.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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