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Side-by-side financial comparison of Granite Point Mortgage Trust Inc. (GPMT) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

Granite Point Mortgage Trust Inc. is the larger business by last-quarter revenue ($29.1M vs $17.3M, roughly 1.7× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs -81.9%, a 149.2% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs -24.9%).

Granite Point Mortgage Trust Inc. is a U.S.-based real estate finance company that primarily originates, manages and invests in senior secured commercial real estate debt instruments. Its core portfolio covers loans backed by multifamily, office, industrial, retail and other commercial property types across key U.S. regional markets, serving institutional and commercial real estate operator clients.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

GPMT vs SLGL — Head-to-Head

Bigger by revenue
GPMT
GPMT
1.7× larger
GPMT
$29.1M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+242.6% gap
SLGL
217.7%
-24.9%
GPMT
Higher net margin
SLGL
SLGL
149.2% more per $
SLGL
67.3%
-81.9%
GPMT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
GPMT
GPMT
SLGL
SLGL
Revenue
$29.1M
$17.3M
Net Profit
$-23.8M
$11.6M
Gross Margin
Operating Margin
-81.9%
65.1%
Net Margin
-81.9%
67.3%
Revenue YoY
-24.9%
217.7%
Net Profit YoY
38.7%
487.6%
EPS (diluted)
$-0.58
$4.17

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
GPMT
GPMT
SLGL
SLGL
Q4 25
$29.1M
Q3 25
$33.7M
Q2 25
$33.8M
$17.3M
Q1 25
$35.1M
Q4 24
$38.7M
Q3 24
$44.3M
Q2 24
$48.5M
$5.4M
Q1 24
$12.5M
Net Profit
GPMT
GPMT
SLGL
SLGL
Q4 25
$-23.8M
Q3 25
$3.0M
Q2 25
$-13.4M
$11.6M
Q1 25
$-7.0M
Q4 24
$-38.8M
Q3 24
$-31.0M
Q2 24
$-63.1M
$2.0M
Q1 24
$-74.1M
Operating Margin
GPMT
GPMT
SLGL
SLGL
Q4 25
-81.9%
Q3 25
9.2%
Q2 25
-39.5%
65.1%
Q1 25
-19.8%
Q4 24
-100.3%
Q3 24
-70.0%
Q2 24
-130.1%
29.9%
Q1 24
-591.9%
Net Margin
GPMT
GPMT
SLGL
SLGL
Q4 25
-81.9%
Q3 25
9.0%
Q2 25
-39.5%
67.3%
Q1 25
-20.0%
Q4 24
-100.3%
Q3 24
-70.0%
Q2 24
-130.1%
36.4%
Q1 24
-591.9%
EPS (diluted)
GPMT
GPMT
SLGL
SLGL
Q4 25
$-0.58
Q3 25
$-0.01
Q2 25
$-0.35
$4.17
Q1 25
$-0.22
Q4 24
$-0.86
Q3 24
$-0.69
Q2 24
$-1.31
$0.71
Q1 24
$-1.53

Balance Sheet & Financial Strength

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

Metric
GPMT
GPMT
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$66.0M
$24.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$552.7M
$31.9M
Total Assets
$1.8B
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPMT
GPMT
SLGL
SLGL
Q4 25
$66.0M
Q3 25
$62.7M
Q2 25
$85.1M
$24.3M
Q1 25
$85.7M
Q4 24
$87.8M
Q3 24
$113.5M
Q2 24
$85.9M
$26.5M
Q1 24
$155.2M
Stockholders' Equity
GPMT
GPMT
SLGL
SLGL
Q4 25
$552.7M
Q3 25
$582.0M
Q2 25
$584.2M
$31.9M
Q1 25
$604.7M
Q4 24
$619.1M
Q3 24
$667.8M
Q2 24
$704.6M
$34.9M
Q1 24
$774.1M
Total Assets
GPMT
GPMT
SLGL
SLGL
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.9B
$39.3M
Q1 25
$2.0B
Q4 24
$2.1B
Q3 24
$2.3B
Q2 24
$2.5B
$42.0M
Q1 24
$2.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GPMT
GPMT
SLGL
SLGL
Operating Cash FlowLast quarter
$2.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPMT
GPMT
SLGL
SLGL
Q4 25
$2.7M
Q3 25
$4.5M
Q2 25
$736.0K
Q1 25
$-5.7M
Q4 24
$8.8M
Q3 24
$6.1M
Q2 24
$987.0K
Q1 24
$1.7M
Cash Conversion
GPMT
GPMT
SLGL
SLGL
Q4 25
Q3 25
1.49×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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