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Side-by-side financial comparison of LXP Industrial Trust (LXP) and Xeris Biopharma Holdings, Inc. (XERS). Click either name above to swap in a different company.

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $85.8M, roughly 1.0× Xeris Biopharma Holdings, Inc.). LXP Industrial Trust runs the higher net margin — 33.2% vs 12.9%, a 20.3% gap on every dollar of revenue. On growth, Xeris Biopharma Holdings, Inc. posted the faster year-over-year revenue change (42.8% vs -14.0%). Over the past eight quarters, Xeris Biopharma Holdings, Inc.'s revenue compounded faster (45.3% CAGR vs 0.3%).

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

Xeris Biopharma Holdings, Inc. is a specialty biopharmaceutical company that develops and commercializes targeted therapies for rare endocrine, metabolic, and dermatological conditions. It operates across global markets, focusing on delivering accessible, easy-to-administer treatment options for underserved patient segments.

LXP vs XERS — Head-to-Head

Bigger by revenue
LXP
LXP
1.0× larger
LXP
$86.7M
$85.8M
XERS
Growing faster (revenue YoY)
XERS
XERS
+56.8% gap
XERS
42.8%
-14.0%
LXP
Higher net margin
LXP
LXP
20.3% more per $
LXP
33.2%
12.9%
XERS
Faster 2-yr revenue CAGR
XERS
XERS
Annualised
XERS
45.3%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
XERS
XERS
Revenue
$86.7M
$85.8M
Net Profit
$28.8M
$11.1M
Gross Margin
81.5%
Operating Margin
34.6%
19.5%
Net Margin
33.2%
12.9%
Revenue YoY
-14.0%
42.8%
Net Profit YoY
316.7%
EPS (diluted)
$0.07

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
LXP
LXP
XERS
XERS
Q4 25
$86.7M
$85.8M
Q3 25
$86.9M
$74.4M
Q2 25
$87.7M
$71.5M
Q1 25
$88.9M
$60.1M
Q4 24
$100.9M
$60.1M
Q3 24
$85.6M
$54.3M
Q2 24
$85.8M
$48.1M
Q1 24
$86.3M
$40.6M
Net Profit
LXP
LXP
XERS
XERS
Q4 25
$28.8M
$11.1M
Q3 25
$36.3M
$621.0K
Q2 25
$29.1M
$-1.9M
Q1 25
$19.0M
$-9.2M
Q4 24
$-5.1M
Q3 24
$6.3M
$-15.7M
Q2 24
$5.4M
$-15.0M
Q1 24
$-269.0K
$-19.0M
Gross Margin
LXP
LXP
XERS
XERS
Q4 25
81.5%
Q3 25
82.3%
Q2 25
81.9%
Q1 25
80.7%
Q4 24
85.3%
Q3 24
82.5%
Q2 24
82.0%
Q1 24
82.4%
Operating Margin
LXP
LXP
XERS
XERS
Q4 25
34.6%
19.5%
Q3 25
50.4%
9.0%
Q2 25
33.7%
6.3%
Q1 25
21.8%
-5.1%
Q4 24
2.8%
Q3 24
7.9%
-23.8%
Q2 24
6.9%
-17.0%
Q1 24
1.0%
-35.1%
Net Margin
LXP
LXP
XERS
XERS
Q4 25
33.2%
12.9%
Q3 25
41.7%
0.8%
Q2 25
33.2%
-2.7%
Q1 25
21.4%
-15.3%
Q4 24
-8.5%
Q3 24
7.4%
-29.0%
Q2 24
6.3%
-31.2%
Q1 24
-0.3%
-46.7%
EPS (diluted)
LXP
LXP
XERS
XERS
Q4 25
$0.07
Q3 25
$0.12
$0.00
Q2 25
$0.09
$-0.01
Q1 25
$0.06
$-0.06
Q4 24
$-0.02
Q3 24
$0.02
$-0.11
Q2 24
$0.01
$-0.10
Q1 24
$-0.01
$-0.14

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
XERS
XERS
Cash + ST InvestmentsLiquidity on hand
$170.4M
$111.0M
Total DebtLower is stronger
$1.4B
$220.3M
Stockholders' EquityBook value
$2.0B
$13.7M
Total Assets
$3.5B
$383.5M
Debt / EquityLower = less leverage
0.66×
16.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
XERS
XERS
Q4 25
$170.4M
$111.0M
Q3 25
$229.7M
$91.6M
Q2 25
$71.0M
$59.3M
Q1 25
$70.9M
$58.4M
Q4 24
$101.8M
$71.6M
Q3 24
$55.0M
$69.4M
Q2 24
$48.7M
$77.6M
Q1 24
$293.8M
$87.4M
Total Debt
LXP
LXP
XERS
XERS
Q4 25
$1.4B
$220.3M
Q3 25
$1.5B
$219.5M
Q2 25
$1.5B
$218.6M
Q1 25
$1.5B
$229.8M
Q4 24
$1.6B
$232.1M
Q3 24
$216.2M
Q2 24
$230.5M
Q1 24
$229.7M
Stockholders' Equity
LXP
LXP
XERS
XERS
Q4 25
$2.0B
$13.7M
Q3 25
$2.1B
$-861.0K
Q2 25
$2.1B
$-19.3M
Q1 25
$2.1B
$-35.1M
Q4 24
$2.1B
$-29.6M
Q3 24
$2.1B
$-28.3M
Q2 24
$2.1B
$-19.3M
Q1 24
$2.2B
$-9.2M
Total Assets
LXP
LXP
XERS
XERS
Q4 25
$3.5B
$383.5M
Q3 25
$3.7B
$370.2M
Q2 25
$3.7B
$334.7M
Q1 25
$3.8B
$315.5M
Q4 24
$3.8B
$323.1M
Q3 24
$3.9B
$321.1M
Q2 24
$3.9B
$331.7M
Q1 24
$4.2B
$336.6M
Debt / Equity
LXP
LXP
XERS
XERS
Q4 25
0.66×
16.10×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
LXP
LXP
XERS
XERS
Operating Cash FlowLast quarter
$188.7M
$20.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.56×
1.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
XERS
XERS
Q4 25
$188.7M
$20.0M
Q3 25
$63.5M
$18.4M
Q2 25
$44.3M
$182.0K
Q1 25
$39.0M
$-10.0M
Q4 24
$211.2M
$2.0M
Q3 24
$64.6M
$-8.3M
Q2 24
$38.5M
$-10.3M
Q1 24
$38.9M
$-20.3M
Cash Conversion
LXP
LXP
XERS
XERS
Q4 25
6.56×
1.81×
Q3 25
1.75×
29.68×
Q2 25
1.52×
Q1 25
2.05×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

XERS
XERS

Products$83.4M97%
Other$2.4M3%

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