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Side-by-side financial comparison of Grindr Inc. (GRND) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $126.0M, roughly 1.1× Grindr Inc.). Grindr Inc. runs the higher net margin — 16.1% vs -31.4%, a 47.5% gap on every dollar of revenue. On growth, Grindr Inc. posted the faster year-over-year revenue change (29.0% vs 0.4%). Over the past eight quarters, Grindr Inc.'s revenue compounded faster (29.3% CAGR vs 0.0%).
Grindr is a location-based social networking and online hookup application for LGBTQ people.
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
GRND vs PDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $126.0M | $143.3M |
| Net Profit | $20.3M | $-45.0M |
| Gross Margin | — | — |
| Operating Margin | 24.9% | — |
| Net Margin | 16.1% | -31.4% |
| Revenue YoY | 29.0% | 0.4% |
| Net Profit YoY | 116.4% | -27.9% |
| EPS (diluted) | $0.10 | $-0.10 |
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 | — | $143.3M | ||
| Q4 25 | $126.0M | $142.9M | ||
| Q3 25 | $115.8M | $139.2M | ||
| Q2 25 | $104.2M | $140.3M | ||
| Q1 25 | $93.9M | $142.7M | ||
| Q4 24 | $97.6M | $143.2M | ||
| Q3 24 | $89.3M | $139.3M | ||
| Q2 24 | $82.3M | $143.3M |
| Q1 26 | — | $-45.0M | ||
| Q4 25 | $20.3M | $-43.2M | ||
| Q3 25 | $30.8M | $-13.5M | ||
| Q2 25 | $16.6M | $-16.8M | ||
| Q1 25 | $27.0M | $-10.1M | ||
| Q4 24 | $-123.9M | $-30.0M | ||
| Q3 24 | $24.7M | $-11.5M | ||
| Q2 24 | $-22.4M | $-9.8M |
| Q1 26 | — | — | ||
| Q4 25 | 24.9% | — | ||
| Q3 25 | 39.1% | — | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | 27.0% | — | ||
| Q4 24 | 20.9% | — | ||
| Q3 24 | 31.8% | — | ||
| Q2 24 | 29.8% | — |
| Q1 26 | — | -31.4% | ||
| Q4 25 | 16.1% | -30.3% | ||
| Q3 25 | 26.6% | -9.7% | ||
| Q2 25 | 16.0% | -12.0% | ||
| Q1 25 | 28.8% | -7.1% | ||
| Q4 24 | -126.9% | -20.9% | ||
| Q3 24 | 27.6% | -8.3% | ||
| Q2 24 | -27.2% | -6.8% |
| Q1 26 | — | $-0.10 | ||
| Q4 25 | $0.10 | $-0.34 | ||
| Q3 25 | $0.16 | $-0.11 | ||
| Q2 25 | $0.08 | $-0.14 | ||
| Q1 25 | $0.09 | $-0.08 | ||
| Q4 24 | $-0.65 | $-0.25 | ||
| Q3 24 | $0.09 | $-0.09 | ||
| Q2 24 | $-0.13 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.0M | $2.3M |
| Total DebtLower is stronger | $395.9M | — |
| Stockholders' EquityBook value | $47.0M | $1.5B |
| Total Assets | $531.0M | $4.0B |
| Debt / EquityLower = less leverage | 8.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.3M | ||
| Q4 25 | $87.0M | $731.0K | ||
| Q3 25 | $6.3M | $3.0M | ||
| Q2 25 | $120.8M | $3.3M | ||
| Q1 25 | $255.9M | $2.9M | ||
| Q4 24 | $59.2M | $109.6M | ||
| Q3 24 | $39.1M | $133.6M | ||
| Q2 24 | $16.3M | $138.5M |
| Q1 26 | — | — | ||
| Q4 25 | $395.9M | $2.2B | ||
| Q3 25 | $279.9M | $2.2B | ||
| Q2 25 | $283.5M | $2.2B | ||
| Q1 25 | $287.0M | $2.2B | ||
| Q4 24 | $290.6M | $2.2B | ||
| Q3 24 | $294.1M | $2.2B | ||
| Q2 24 | $297.7M | $2.2B |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $47.0M | $1.5B | ||
| Q3 25 | $71.0M | $1.5B | ||
| Q2 25 | $187.7M | $1.5B | ||
| Q1 25 | $319.8M | $1.6B | ||
| Q4 24 | $-131.6M | $1.6B | ||
| Q3 24 | $-13.4M | $1.6B | ||
| Q2 24 | $-41.7M | $1.7B |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $531.0M | $4.0B | ||
| Q3 25 | $439.2M | $4.0B | ||
| Q2 25 | $547.6M | $4.0B | ||
| Q1 25 | $679.4M | $4.0B | ||
| Q4 24 | $479.1M | $4.1B | ||
| Q3 24 | $456.3M | $4.1B | ||
| Q2 24 | $435.0M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 8.42× | 1.49× | ||
| Q3 25 | 3.94× | 1.43× | ||
| Q2 25 | 1.51× | 1.41× | ||
| Q1 25 | 0.90× | 1.40× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.34× |
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 | $24.8M | — |
| Free Cash FlowOCF − Capex | $24.5M | — |
| FCF MarginFCF / Revenue | 19.5% | — |
| Capex IntensityCapex / Revenue | 0.2% | 110.3% |
| Cash ConversionOCF / Net Profit | 1.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $140.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $24.8M | $140.6M | ||
| Q3 25 | $55.4M | $35.8M | ||
| Q2 25 | $37.5M | $50.1M | ||
| Q1 25 | $23.8M | $3.7M | ||
| Q4 24 | $29.5M | $198.1M | ||
| Q3 24 | $29.1M | $42.9M | ||
| Q2 24 | $15.8M | $66.8M |
| Q1 26 | — | — | ||
| Q4 25 | $24.5M | — | ||
| Q3 25 | $55.2M | — | ||
| Q2 25 | $37.3M | — | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $29.3M | — | ||
| Q3 24 | $28.8M | — | ||
| Q2 24 | $15.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | 19.5% | — | ||
| Q3 25 | 47.7% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 25.2% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 32.2% | — | ||
| Q2 24 | 19.0% | — |
| Q1 26 | — | 110.3% | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
PDM
Segment breakdown not available.
