vs
Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
GLADSTONE COMMERCIAL CORP is the larger business by last-quarter revenue ($43.5M vs $35.3M, roughly 1.2× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs 12.4%, a 31.5% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs 16.3%). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% 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.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
GOOD vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $35.3M |
| Net Profit | $5.4M | $15.5M |
| Gross Margin | — | — |
| Operating Margin | — | 55.8% |
| Net Margin | 12.4% | 43.9% |
| Revenue YoY | 16.3% | 24.2% |
| Net Profit YoY | -25.1% | 34.5% |
| EPS (diluted) | $0.05 | $1.52 |
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 | $35.3M | ||
| Q3 25 | $40.8M | $32.8M | ||
| Q2 25 | $39.5M | $34.4M | ||
| Q1 25 | $37.5M | $29.4M | ||
| Q4 24 | $37.4M | $28.4M | ||
| Q3 24 | $39.2M | $27.7M | ||
| Q2 24 | $37.1M | $25.5M | ||
| Q1 24 | $35.7M | $25.6M |
| Q4 25 | $5.4M | $15.5M | ||
| Q3 25 | $4.1M | $14.4M | ||
| Q2 25 | $4.6M | $16.5M | ||
| Q1 25 | $5.1M | $11.6M | ||
| Q4 24 | $7.2M | $11.5M | ||
| Q3 24 | $11.7M | $10.9M | ||
| Q2 24 | $1.6M | $9.5M | ||
| Q1 24 | $3.5M | $9.6M |
| Q4 25 | — | 55.8% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 62.6% | ||
| Q1 25 | — | 52.6% | ||
| Q4 24 | — | 51.0% | ||
| Q3 24 | — | 52.7% | ||
| Q2 24 | — | 49.3% | ||
| Q1 24 | — | 50.0% |
| Q4 25 | 12.4% | 43.9% | ||
| Q3 25 | 10.1% | 43.8% | ||
| Q2 25 | 11.7% | 48.0% | ||
| Q1 25 | 13.7% | 39.5% | ||
| Q4 24 | 19.2% | 40.5% | ||
| Q3 24 | 29.8% | 39.4% | ||
| Q2 24 | 4.3% | 37.1% | ||
| Q1 24 | 9.9% | 37.5% |
| Q4 25 | $0.05 | $1.52 | ||
| Q3 25 | $0.02 | $1.41 | ||
| Q2 25 | $0.03 | $1.61 | ||
| Q1 25 | $0.04 | $1.13 | ||
| Q4 24 | $0.10 | $1.13 | ||
| Q3 24 | $0.20 | $1.07 | ||
| Q2 24 | $-0.04 | $0.92 | ||
| Q1 24 | $0.01 | $0.94 |
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 | — |
| Total DebtLower is stronger | $843.5M | — |
| Stockholders' EquityBook value | $171.8M | $345.6M |
| Total Assets | $1.2B | $3.0B |
| Debt / EquityLower = less leverage | 4.91× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | $10.5M | — |
| Q4 25 | $843.5M | — | ||
| Q3 25 | $843.3M | — | ||
| Q2 25 | $794.4M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $693.4M | $230.8M | ||
| Q3 24 | $692.6M | — | ||
| Q2 24 | $722.5M | — | ||
| Q1 24 | $719.4M | — |
| Q4 25 | $171.8M | $345.6M | ||
| Q3 25 | $184.8M | $334.0M | ||
| Q2 25 | $177.2M | $319.8M | ||
| Q1 25 | $183.2M | $306.1M | ||
| Q4 24 | $171.2M | $295.6M | ||
| Q3 24 | $168.9M | $284.3M | ||
| Q2 24 | $145.7M | $273.4M | ||
| Q1 24 | $147.3M | $266.8M |
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $1.3B | $2.9B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.2B | $2.8B | ||
| Q4 24 | $1.1B | $2.7B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.1B | $2.6B | ||
| Q1 24 | $1.1B | $2.6B |
| Q4 25 | 4.91× | — | ||
| Q3 25 | 4.56× | — | ||
| Q2 25 | 4.48× | — | ||
| Q1 25 | 4.04× | — | ||
| Q4 24 | 4.05× | 0.78× | ||
| Q3 24 | 4.10× | — | ||
| Q2 24 | 4.96× | — | ||
| Q1 24 | 4.88× | — |
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 | $44.9M |
| Free Cash FlowOCF − Capex | — | $44.3M |
| FCF MarginFCF / Revenue | — | 125.7% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | 16.38× | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $88.2M | $44.9M | ||
| Q3 25 | $18.9M | $45.5M | ||
| Q2 25 | $35.8M | $-25.3M | ||
| Q1 25 | $17.7M | $17.9M | ||
| Q4 24 | $57.0M | $48.0M | ||
| Q3 24 | $5.5M | $17.7M | ||
| Q2 24 | $13.6M | $-8.4M | ||
| Q1 24 | $15.0M | $15.8M |
| Q4 25 | — | $44.3M | ||
| Q3 25 | — | $45.3M | ||
| Q2 25 | — | $-25.5M | ||
| Q1 25 | — | $17.6M | ||
| Q4 24 | — | $47.3M | ||
| Q3 24 | — | $17.5M | ||
| Q2 24 | — | $-8.6M | ||
| Q1 24 | — | $15.7M |
| Q4 25 | — | 125.7% | ||
| Q3 25 | — | 138.1% | ||
| Q2 25 | — | -74.2% | ||
| Q1 25 | — | 59.9% | ||
| Q4 24 | — | 166.5% | ||
| Q3 24 | — | 63.3% | ||
| Q2 24 | — | -33.7% | ||
| Q1 24 | — | 61.4% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 16.38× | 2.90× | ||
| Q3 25 | 4.57× | 3.16× | ||
| Q2 25 | 7.74× | -1.54× | ||
| Q1 25 | 3.44× | 1.54× | ||
| Q4 24 | 7.93× | 4.17× | ||
| Q3 24 | 0.47× | 1.62× | ||
| Q2 24 | 8.44× | -0.89× | ||
| Q1 24 | 4.26× | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
