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Side-by-side financial comparison of Ispire Technology Inc. (ISPR) and GLADSTONE LAND Corp (LAND). Click either name above to swap in a different company.

Ispire Technology Inc. is the larger business by last-quarter revenue ($20.3M vs $16.6M, roughly 1.2× GLADSTONE LAND Corp). On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (-1.5% vs -51.5%). Over the past eight quarters, GLADSTONE LAND Corp's revenue compounded faster (-11.8% CAGR vs -17.8%).

Ispire Technology Inc. is a global tech firm specializing in R&D, manufacturing and sales of advanced vaporization hardware and supporting consumables. It serves nicotine and legal cannabis consumer markets, operates two core segments of hardware and branded cannabis products, covers North America, Europe and Asia-Pacific, delivering compliant innovative vapor solutions for B2B partners and end users.

Hongkong Land (HKL) is a property investment, management and development group with commercial and residential property interests across Asia. It owns and manages some 850,000 sq. m. of office and retail property in Asia, principally in Hong Kong and Singapore. Its Hong Kong portfolio represents some 450,000 sq. m. of commercial property, making it the single largest landlord in Central, Hong Kong. In Singapore it has 165,000 sq. m. of office space mainly held through joint ventures. While it...

ISPR vs LAND — Head-to-Head

Bigger by revenue
ISPR
ISPR
1.2× larger
ISPR
$20.3M
$16.6M
LAND
Growing faster (revenue YoY)
LAND
LAND
+50.0% gap
LAND
-1.5%
-51.5%
ISPR
Faster 2-yr revenue CAGR
LAND
LAND
Annualised
LAND
-11.8%
-17.8%
ISPR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ISPR
ISPR
LAND
LAND
Revenue
$20.3M
$16.6M
Net Profit
$-6.6M
Gross Margin
17.1%
Operating Margin
-33.9%
200.3%
Net Margin
-32.5%
Revenue YoY
-51.5%
-1.5%
Net Profit YoY
17.4%
EPS (diluted)
$-0.12

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
ISPR
ISPR
LAND
LAND
Q1 26
$16.6M
Q4 25
$20.3M
$41.5M
Q3 25
$30.4M
$17.8M
Q2 25
$20.1M
$12.3M
Q1 25
$26.2M
$16.8M
Q4 24
$41.8M
$21.1M
Q3 24
$39.3M
$22.6M
Q2 24
$37.3M
$21.3M
Net Profit
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$-6.6M
$4.2M
Q3 25
$-3.3M
$2.1M
Q2 25
$-14.8M
$-7.9M
Q1 25
$-10.9M
$15.1M
Q4 24
$-8.0M
$540.0K
Q3 24
$-5.6M
$6.0K
Q2 24
$-3.5M
$-823.0K
Gross Margin
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
17.1%
Q3 25
17.0%
Q2 25
12.3%
Q1 25
18.2%
Q4 24
18.5%
Q3 24
19.5%
Q2 24
28.3%
Operating Margin
ISPR
ISPR
LAND
LAND
Q1 26
200.3%
Q4 25
-33.9%
Q3 25
-8.9%
Q2 25
-72.7%
Q1 25
-40.4%
Q4 24
-17.6%
Q3 24
-13.4%
Q2 24
-9.2%
Net Margin
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
-32.5%
10.2%
Q3 25
-10.7%
11.7%
Q2 25
-73.4%
-64.1%
Q1 25
-41.5%
89.9%
Q4 24
-19.1%
2.6%
Q3 24
-14.2%
0.0%
Q2 24
-9.4%
-3.9%
EPS (diluted)
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$-0.12
$-0.05
Q3 25
$-0.06
$-0.11
Q2 25
$-0.26
$-0.38
Q1 25
$-0.19
$0.25
Q4 24
$-0.14
$-0.15
Q3 24
$-0.10
$-0.16
Q2 24
$-0.07
$-0.19

Balance Sheet & Financial Strength

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

Metric
ISPR
ISPR
LAND
LAND
Cash + ST InvestmentsLiquidity on hand
$17.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.7M
$688.3M
Total Assets
$84.4M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$17.6M
$27.2M
Q3 25
$22.7M
$11.3M
Q2 25
$24.4M
$30.5M
Q1 25
$23.5M
$42.9M
Q4 24
$34.4M
$18.3M
Q3 24
$37.7M
$13.2M
Q2 24
$35.1M
$49.8M
Total Debt
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$473.6M
Q3 25
$480.4M
Q2 25
$496.4M
Q1 25
$498.8M
Q4 24
$527.5M
Q3 24
$530.7M
Q2 24
$549.4M
Stockholders' Equity
ISPR
ISPR
LAND
LAND
Q1 26
$688.3M
Q4 25
$-7.7M
$670.3M
Q3 25
$-1.8M
$661.8M
Q2 25
$604.7K
$670.1M
Q1 25
$14.8M
$689.9M
Q4 24
$24.2M
$687.2M
Q3 24
$30.7M
$691.2M
Q2 24
$34.5M
$708.5M
Total Assets
ISPR
ISPR
LAND
LAND
Q1 26
$1.2B
Q4 25
$84.4M
$1.2B
Q3 25
$96.4M
$1.2B
Q2 25
$102.2M
$1.3B
Q1 25
$115.7M
$1.3B
Q4 24
$132.0M
$1.3B
Q3 24
$129.0M
$1.3B
Q2 24
$122.6M
$1.4B
Debt / Equity
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
0.71×
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.72×
Q4 24
0.77×
Q3 24
0.77×
Q2 24
0.78×

Cash Flow & Capital Efficiency

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

Metric
ISPR
ISPR
LAND
LAND
Operating Cash FlowLast quarter
$-4.0M
Free Cash FlowOCF − Capex
$-4.0M
FCF MarginFCF / Revenue
-19.9%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$-4.0M
$7.0M
Q3 25
$-1.2M
$-12.0M
Q2 25
$4.7M
$3.9M
Q1 25
$-12.5M
$4.5M
Q4 24
$-3.2M
$29.5M
Q3 24
$3.6M
$-1.4M
Q2 24
$-1.4M
$15.9M
Free Cash Flow
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
$-4.0M
Q3 25
$-1.2M
Q2 25
$3.7M
Q1 25
$-12.7M
Q4 24
$-3.2M
Q3 24
$3.3M
Q2 24
$-2.2M
FCF Margin
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
-19.9%
Q3 25
-3.9%
Q2 25
18.6%
Q1 25
-48.4%
Q4 24
-7.7%
Q3 24
8.5%
Q2 24
-5.9%
Capex Intensity
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
0.3%
Q3 25
0.0%
Q2 25
4.8%
Q1 25
0.7%
Q4 24
0.1%
Q3 24
0.7%
Q2 24
2.0%
Cash Conversion
ISPR
ISPR
LAND
LAND
Q1 26
Q4 25
1.66×
Q3 25
-5.77×
Q2 25
Q1 25
0.30×
Q4 24
54.72×
Q3 24
-227.83×
Q2 24

Financial Flow Comparison

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

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