vs
Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $187.0M, roughly 1.5× National Storage Affiliates Trust). QUINSTREET, INC runs the higher net margin — 17.4% vs 12.2%, a 5.2% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $20.7M). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs -2.4%).
National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
NSA vs QNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $187.0M | $287.8M |
| Net Profit | $22.9M | $50.2M |
| Gross Margin | 72.5% | 9.6% |
| Operating Margin | 20.2% | 0.4% |
| Net Margin | 12.2% | 17.4% |
| Revenue YoY | -1.6% | 1.9% |
| Net Profit YoY | 36.8% | 3342.5% |
| EPS (diluted) | $0.23 | $0.87 |
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.
| Q4 25 | $187.0M | $287.8M | ||
| Q3 25 | $188.7M | $285.9M | ||
| Q2 25 | $188.8M | — | ||
| Q1 25 | $188.4M | $269.8M | ||
| Q4 24 | $190.1M | $282.6M | ||
| Q3 24 | $193.6M | $279.2M | ||
| Q2 24 | $190.4M | $198.3M | ||
| Q1 24 | $196.1M | $168.6M |
| Q4 25 | $22.9M | $50.2M | ||
| Q3 25 | $18.4M | $4.5M | ||
| Q2 25 | $19.5M | — | ||
| Q1 25 | $13.0M | $4.4M | ||
| Q4 24 | $16.7M | $-1.5M | ||
| Q3 24 | $18.7M | $-1.4M | ||
| Q2 24 | $17.1M | $-2.2M | ||
| Q1 24 | $59.0M | $-7.0M |
| Q4 25 | 72.5% | 9.6% | ||
| Q3 25 | 70.7% | 9.4% | ||
| Q2 25 | 70.5% | — | ||
| Q1 25 | 70.7% | 10.3% | ||
| Q4 24 | 72.5% | 9.5% | ||
| Q3 24 | 72.8% | 10.2% | ||
| Q2 24 | 72.6% | 8.8% | ||
| Q1 24 | 72.1% | 8.5% |
| Q4 25 | 20.2% | 0.4% | ||
| Q3 25 | 15.8% | 1.7% | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | 11.0% | 1.8% | ||
| Q4 24 | 14.5% | -0.5% | ||
| Q3 24 | 15.8% | -0.4% | ||
| Q2 24 | 17.2% | -0.7% | ||
| Q1 24 | 48.9% | -3.2% |
| Q4 25 | 12.2% | 17.4% | ||
| Q3 25 | 9.8% | 1.6% | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | 6.9% | 1.6% | ||
| Q4 24 | 8.8% | -0.5% | ||
| Q3 24 | 9.7% | -0.5% | ||
| Q2 24 | 9.0% | -1.1% | ||
| Q1 24 | 30.1% | -4.2% |
| Q4 25 | $0.23 | $0.87 | ||
| Q3 25 | $0.17 | $0.08 | ||
| Q2 25 | $0.19 | — | ||
| Q1 25 | $0.10 | $0.08 | ||
| Q4 24 | $0.19 | $-0.03 | ||
| Q3 24 | $0.18 | $-0.02 | ||
| Q2 24 | $0.16 | $-0.04 | ||
| Q1 24 | $0.65 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $107.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $946.0M | $294.4M |
| Total Assets | $5.1B | $493.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $107.0M | ||
| Q3 25 | $26.3M | $101.3M | ||
| Q2 25 | $26.1M | — | ||
| Q1 25 | $19.3M | $81.8M | ||
| Q4 24 | $50.4M | $57.8M | ||
| Q3 24 | $69.9M | $25.0M | ||
| Q2 24 | $59.0M | $50.5M | ||
| Q1 24 | $64.2M | $39.6M |
| Q4 25 | $946.0M | $294.4M | ||
| Q3 25 | $973.1M | $246.7M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | $235.5M | ||
| Q4 24 | $1.1B | $224.3M | ||
| Q3 24 | $986.9M | $219.8M | ||
| Q2 24 | $1.2B | $216.8M | ||
| Q1 24 | $1.3B | $215.0M |
| Q4 25 | $5.1B | $493.0M | ||
| Q3 25 | $5.1B | $442.6M | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.3B | $417.2M | ||
| Q4 24 | $5.4B | $409.6M | ||
| Q3 24 | $5.4B | $401.2M | ||
| Q2 24 | $5.3B | $368.5M | ||
| Q1 24 | $5.4B | $349.3M |
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 | $338.5M | $21.6M |
| Free Cash FlowOCF − Capex | $299.8M | $20.7M |
| FCF MarginFCF / Revenue | 160.3% | 7.2% |
| Capex IntensityCapex / Revenue | 20.7% | 0.3% |
| Cash ConversionOCF / Net Profit | 14.79× | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | $541.5M | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.5M | $21.6M | ||
| Q3 25 | $100.2M | $19.6M | ||
| Q2 25 | $79.9M | — | ||
| Q1 25 | $85.6M | $30.1M | ||
| Q4 24 | $363.1M | $38.7M | ||
| Q3 24 | $105.7M | $-13.7M | ||
| Q2 24 | $83.2M | $16.6M | ||
| Q1 24 | $94.0M | $4.1M |
| Q4 25 | $299.8M | $20.7M | ||
| Q3 25 | $88.0M | $18.4M | ||
| Q2 25 | $73.8M | — | ||
| Q1 25 | $79.9M | $29.5M | ||
| Q4 24 | $344.4M | $38.2M | ||
| Q3 24 | $101.8M | $-14.1M | ||
| Q2 24 | $79.5M | $15.4M | ||
| Q1 24 | $88.6M | $2.9M |
| Q4 25 | 160.3% | 7.2% | ||
| Q3 25 | 46.6% | 6.4% | ||
| Q2 25 | 39.1% | — | ||
| Q1 25 | 42.4% | 10.9% | ||
| Q4 24 | 181.2% | 13.5% | ||
| Q3 24 | 52.6% | -5.1% | ||
| Q2 24 | 41.7% | 7.8% | ||
| Q1 24 | 45.2% | 1.7% |
| Q4 25 | 20.7% | 0.3% | ||
| Q3 25 | 6.5% | 0.4% | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 3.0% | 0.2% | ||
| Q4 24 | 9.8% | 0.2% | ||
| Q3 24 | 2.0% | 0.2% | ||
| Q2 24 | 1.9% | 0.6% | ||
| Q1 24 | 2.7% | 0.7% |
| Q4 25 | 14.79× | 0.43× | ||
| Q3 25 | 5.44× | 4.32× | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | 6.82× | ||
| Q4 24 | 21.70× | — | ||
| Q3 24 | 5.65× | — | ||
| Q2 24 | 4.88× | — | ||
| Q1 24 | 1.59× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSA
Segment breakdown not available.
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
