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Side-by-side financial comparison of GLADSTONE LAND Corp (LAND) and Peakstone Realty Trust (PKST). Click either name above to swap in a different company.

On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (-1.5% vs -20.6%). Over the past eight quarters, Peakstone Realty Trust's revenue compounded faster (NaN% CAGR vs NaN%).

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...

Peakstone Realty Trust is a publicly traded U.S. real estate investment trust focused on owning, operating, and acquiring industrial, logistics, and last-mile distribution properties across key U.S. growth markets. Its tenants include e-commerce fulfillment providers, third-party logistics firms, and essential goods distributors.

LAND vs PKST — Head-to-Head

Bigger by revenue
LAND
LAND
-0.5× larger
LAND
$16.6M
$-30.8M
PKST
Growing faster (revenue YoY)
LAND
LAND
+19.1% gap
LAND
-1.5%
-20.6%
PKST
Faster 2-yr revenue CAGR
PKST
PKST
Annualised
PKST
NaN%
-11.8%
LAND

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LAND
LAND
PKST
PKST
Revenue
$16.6M
$-30.8M
Net Profit
$3.5M
Gross Margin
Operating Margin
200.3%
Net Margin
-11.3%
Revenue YoY
-1.5%
-20.6%
Net Profit YoY
-72.7%
EPS (diluted)
$0.11

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
LAND
LAND
PKST
PKST
Q1 26
$16.6M
Q4 25
$41.5M
$-30.8M
Q3 25
$17.8M
$25.8M
Q2 25
$12.3M
$54.0M
Q1 25
$16.8M
$57.0M
Q4 24
$21.1M
$-25.6M
Q3 24
$22.6M
$26.7M
Q2 24
$21.3M
$56.0M
Net Profit
LAND
LAND
PKST
PKST
Q1 26
Q4 25
$4.2M
$3.5M
Q3 25
$2.1M
$3.5M
Q2 25
$-7.9M
$-265.3M
Q1 25
$15.1M
$-49.4M
Q4 24
$540.0K
$12.7M
Q3 24
$6.0K
$-24.4M
Q2 24
$-823.0K
$-3.8M
Operating Margin
LAND
LAND
PKST
PKST
Q1 26
200.3%
Q4 25
Q3 25
4.5%
Q2 25
-504.7%
Q1 25
-66.5%
Q4 24
Q3 24
-157.7%
Q2 24
11.9%
Net Margin
LAND
LAND
PKST
PKST
Q1 26
Q4 25
10.2%
-11.3%
Q3 25
11.7%
13.6%
Q2 25
-64.1%
-491.1%
Q1 25
89.9%
-86.7%
Q4 24
2.6%
-49.8%
Q3 24
0.0%
-91.3%
Q2 24
-3.9%
-6.7%
EPS (diluted)
LAND
LAND
PKST
PKST
Q1 26
Q4 25
$-0.05
$0.11
Q3 25
$-0.11
$0.09
Q2 25
$-0.38
$-7.22
Q1 25
$0.25
$-1.35
Q4 24
$-0.15
$0.34
Q3 24
$-0.16
$-0.67
Q2 24
$-0.19
$-0.11

Balance Sheet & Financial Strength

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

Metric
LAND
LAND
PKST
PKST
Cash + ST InvestmentsLiquidity on hand
$138.7M
Total DebtLower is stronger
$474.0M
Stockholders' EquityBook value
$688.3M
$745.4M
Total Assets
$1.2B
$1.4B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAND
LAND
PKST
PKST
Q1 26
Q4 25
$27.2M
$138.7M
Q3 25
$11.3M
$326.1M
Q2 25
$30.5M
$264.4M
Q1 25
$42.9M
$204.0M
Q4 24
$18.3M
$146.5M
Q3 24
$13.2M
$241.6M
Q2 24
$49.8M
$446.8M
Total Debt
LAND
LAND
PKST
PKST
Q1 26
Q4 25
$473.6M
$474.0M
Q3 25
$480.4M
$1.0B
Q2 25
$496.4M
$1.2B
Q1 25
$498.8M
$1.3B
Q4 24
$527.5M
$1.3B
Q3 24
$530.7M
$1.2B
Q2 24
$549.4M
$1.4B
Stockholders' Equity
LAND
LAND
PKST
PKST
Q1 26
$688.3M
Q4 25
$670.3M
$745.4M
Q3 25
$661.8M
$741.1M
Q2 25
$670.1M
$740.3M
Q1 25
$689.9M
$1.0B
Q4 24
$687.2M
$1.1B
Q3 24
$691.2M
$1.0B
Q2 24
$708.5M
$1.1B
Total Assets
LAND
LAND
PKST
PKST
Q1 26
$1.2B
Q4 25
$1.2B
$1.4B
Q3 25
$1.2B
$2.0B
Q2 25
$1.3B
$2.2B
Q1 25
$1.3B
$2.6B
Q4 24
$1.3B
$2.7B
Q3 24
$1.3B
$2.4B
Q2 24
$1.4B
$2.7B
Debt / Equity
LAND
LAND
PKST
PKST
Q1 26
Q4 25
0.71×
0.64×
Q3 25
0.73×
1.40×
Q2 25
0.74×
1.68×
Q1 25
0.72×
1.32×
Q4 24
0.77×
1.24×
Q3 24
0.77×
1.11×
Q2 24
0.78×
1.28×

Cash Flow & Capital Efficiency

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

Metric
LAND
LAND
PKST
PKST
Operating Cash FlowLast quarter
$68.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
19.77×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAND
LAND
PKST
PKST
Q1 26
Q4 25
$7.0M
$68.7M
Q3 25
$-12.0M
$28.6M
Q2 25
$3.9M
$19.5M
Q1 25
$4.5M
$20.2M
Q4 24
$29.5M
$94.7M
Q3 24
$-1.4M
$22.2M
Q2 24
$15.9M
$24.5M
Cash Conversion
LAND
LAND
PKST
PKST
Q1 26
Q4 25
1.66×
19.77×
Q3 25
-5.77×
8.18×
Q2 25
Q1 25
0.30×
Q4 24
54.72×
7.45×
Q3 24
-227.83×
Q2 24

Financial Flow Comparison

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

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