vs

Side-by-side financial comparison of GLADSTONE LAND Corp (LAND) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

GLADSTONE LAND Corp is the larger business by last-quarter revenue ($41.5M vs $27.2M, roughly 1.5× SUNation Energy, Inc.). GLADSTONE LAND Corp runs the higher net margin — 10.2% vs 9.6%, a 0.6% gap on every dollar of revenue. On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (96.5% vs 77.0%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs 43.1%).

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...

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

LAND vs SUNE — Head-to-Head

Bigger by revenue
LAND
LAND
1.5× larger
LAND
$41.5M
$27.2M
SUNE
Growing faster (revenue YoY)
LAND
LAND
+19.5% gap
LAND
96.5%
77.0%
SUNE
Higher net margin
LAND
LAND
0.6% more per $
LAND
10.2%
9.6%
SUNE
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
43.1%
LAND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LAND
LAND
SUNE
SUNE
Revenue
$41.5M
$27.2M
Net Profit
$4.2M
$2.6M
Gross Margin
40.7%
Operating Margin
10.7%
Net Margin
10.2%
9.6%
Revenue YoY
96.5%
77.0%
Net Profit YoY
680.0%
138.2%
EPS (diluted)
$-0.05
$105.59

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
SUNE
SUNE
Q4 25
$41.5M
$27.2M
Q3 25
$17.8M
$19.0M
Q2 25
$12.3M
$13.1M
Q1 25
$16.8M
$12.6M
Q4 24
$21.1M
$15.4M
Q3 24
$22.6M
$14.7M
Q2 24
$21.3M
$13.5M
Q1 24
$20.3M
$13.2M
Net Profit
LAND
LAND
SUNE
SUNE
Q4 25
$4.2M
$2.6M
Q3 25
$2.1M
$-393.0K
Q2 25
$-7.9M
$-9.6M
Q1 25
$15.1M
$-3.5M
Q4 24
$540.0K
$-6.8M
Q3 24
$6.0K
$-3.3M
Q2 24
$-823.0K
$-6.9M
Q1 24
$13.6M
$1.2M
Gross Margin
LAND
LAND
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
LAND
LAND
SUNE
SUNE
Q4 25
10.7%
Q3 25
-1.3%
Q2 25
-16.6%
Q1 25
-17.2%
Q4 24
-42.3%
Q3 24
-10.9%
Q2 24
-15.0%
Q1 24
-16.5%
Net Margin
LAND
LAND
SUNE
SUNE
Q4 25
10.2%
9.6%
Q3 25
11.7%
-2.1%
Q2 25
-64.1%
-73.5%
Q1 25
89.9%
-27.7%
Q4 24
2.6%
-44.4%
Q3 24
0.0%
-22.4%
Q2 24
-3.9%
-51.2%
Q1 24
67.0%
9.1%
EPS (diluted)
LAND
LAND
SUNE
SUNE
Q4 25
$-0.05
$105.59
Q3 25
$-0.11
$-0.12
Q2 25
$-0.38
$-3.14
Q1 25
$0.25
$-106.71
Q4 24
$-0.15
$41676.94
Q3 24
$-0.16
$-2350.12
Q2 24
$-0.19
$-11022.91
Q1 24
$0.21
$-38414.84

Balance Sheet & Financial Strength

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

Metric
LAND
LAND
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$27.2M
$7.2M
Total DebtLower is stronger
$473.6M
$6.6M
Stockholders' EquityBook value
$670.3M
$24.3M
Total Assets
$1.2B
$48.2M
Debt / EquityLower = less leverage
0.71×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAND
LAND
SUNE
SUNE
Q4 25
$27.2M
$7.2M
Q3 25
$11.3M
$5.4M
Q2 25
$30.5M
$3.2M
Q1 25
$42.9M
$1.4M
Q4 24
$18.3M
$839.3K
Q3 24
$13.2M
$1.1M
Q2 24
$49.8M
$1.0M
Q1 24
$51.6M
$1.8M
Total Debt
LAND
LAND
SUNE
SUNE
Q4 25
$473.6M
$6.6M
Q3 25
$480.4M
Q2 25
$496.4M
Q1 25
$498.8M
Q4 24
$527.5M
Q3 24
$530.7M
Q2 24
$549.4M
Q1 24
$552.2M
Stockholders' Equity
LAND
LAND
SUNE
SUNE
Q4 25
$670.3M
$24.3M
Q3 25
$661.8M
$21.7M
Q2 25
$670.1M
$22.1M
Q1 25
$689.9M
$14.8M
Q4 24
$687.2M
$8.5M
Q3 24
$691.2M
$13.1M
Q2 24
$708.5M
$-10.9M
Q1 24
$723.3M
$-11.2M
Total Assets
LAND
LAND
SUNE
SUNE
Q4 25
$1.2B
$48.2M
Q3 25
$1.2B
$49.6M
Q2 25
$1.3B
$44.1M
Q1 25
$1.3B
$44.4M
Q4 24
$1.3B
$45.7M
Q3 24
$1.3B
$51.0M
Q2 24
$1.4B
$52.9M
Q1 24
$1.4B
$54.7M
Debt / Equity
LAND
LAND
SUNE
SUNE
Q4 25
0.71×
0.27×
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.72×
Q4 24
0.77×
Q3 24
0.77×
Q2 24
0.78×
Q1 24
0.76×

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
SUNE
SUNE
Operating Cash FlowLast quarter
$7.0M
$2.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.66×
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAND
LAND
SUNE
SUNE
Q4 25
$7.0M
$2.1M
Q3 25
$-12.0M
$2.4M
Q2 25
$3.9M
$-130.2K
Q1 25
$4.5M
$-3.4M
Q4 24
$29.5M
$-1.9M
Q3 24
$-1.4M
$-968.1K
Q2 24
$15.9M
$-776.4K
Q1 24
$3.4M
$-2.6M
Free Cash Flow
LAND
LAND
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
LAND
LAND
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
LAND
LAND
SUNE
SUNE
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
LAND
LAND
SUNE
SUNE
Q4 25
1.66×
0.81×
Q3 25
-5.77×
Q2 25
Q1 25
0.30×
Q4 24
54.72×
Q3 24
-227.83×
Q2 24
Q1 24
0.25×
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LAND
LAND

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

Related Comparisons