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Side-by-side financial comparison of NETSTREIT Corp. (NTST) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $52.3M, roughly 1.1× RICHARDSON ELECTRONICS, LTD.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -0.2%, a 10.2% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs 5.7%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs -0.3%).

NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

NTST vs RELL — Head-to-Head

Bigger by revenue
NTST
NTST
1.1× larger
NTST
$57.1M
$52.3M
RELL
Growing faster (revenue YoY)
NTST
NTST
+18.6% gap
NTST
24.3%
5.7%
RELL
Higher net margin
NTST
NTST
10.2% more per $
NTST
10.0%
-0.2%
RELL
Faster 2-yr revenue CAGR
NTST
NTST
Annualised
NTST
20.1%
-0.3%
RELL

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
NTST
NTST
RELL
RELL
Revenue
$57.1M
$52.3M
Net Profit
$5.7M
$-121.0K
Gross Margin
30.7%
Operating Margin
34.1%
0.3%
Net Margin
10.0%
-0.2%
Revenue YoY
24.3%
5.7%
Net Profit YoY
235.9%
83.9%
EPS (diluted)
$0.32

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
NTST
NTST
RELL
RELL
Q1 26
$57.1M
Q4 25
$52.5M
$52.3M
Q3 25
$48.3M
$54.6M
Q2 25
$48.3M
Q1 25
$45.9M
$53.8M
Q4 24
$44.1M
$49.5M
Q3 24
$41.4M
$53.7M
Q2 24
$39.6M
Net Profit
NTST
NTST
RELL
RELL
Q1 26
$5.7M
Q4 25
$1.3M
$-121.0K
Q3 25
$618.0K
$1.9M
Q2 25
$3.3M
Q1 25
$1.7M
$-2.1M
Q4 24
$-5.4M
$-751.0K
Q3 24
$-5.3M
$590.0K
Q2 24
$-2.3M
Gross Margin
NTST
NTST
RELL
RELL
Q1 26
Q4 25
30.7%
Q3 25
31.0%
Q2 25
Q1 25
31.0%
Q4 24
31.0%
Q3 24
30.6%
Q2 24
Operating Margin
NTST
NTST
RELL
RELL
Q1 26
34.1%
Q4 25
2.6%
0.3%
Q3 25
1.3%
1.8%
Q2 25
6.8%
Q1 25
3.7%
-5.1%
Q4 24
-12.3%
-1.3%
Q3 24
-12.8%
0.6%
Q2 24
-5.8%
Net Margin
NTST
NTST
RELL
RELL
Q1 26
10.0%
Q4 25
2.5%
-0.2%
Q3 25
1.3%
3.5%
Q2 25
6.8%
Q1 25
3.7%
-3.8%
Q4 24
-12.3%
-1.5%
Q3 24
-12.8%
1.1%
Q2 24
-5.8%
EPS (diluted)
NTST
NTST
RELL
RELL
Q1 26
$0.32
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.04
Q1 25
$0.02
Q4 24
$-0.07
Q3 24
$-0.07
Q2 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$158.5M
Total Assets
$2.8B
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTST
NTST
RELL
RELL
Q1 26
Q4 25
$33.1M
Q3 25
$35.7M
Q2 25
Q1 25
$36.7M
Q4 24
$26.6M
Q3 24
$23.0M
Q2 24
Total Debt
NTST
NTST
RELL
RELL
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$926.6M
Q1 25
$913.3M
Q4 24
$868.3M
Q3 24
$778.7M
Q2 24
$726.2M
Stockholders' Equity
NTST
NTST
RELL
RELL
Q1 26
$1.5B
Q4 25
$1.4B
$158.5M
Q3 25
$1.3B
$159.4M
Q2 25
$1.3B
Q1 25
$1.3B
$152.9M
Q4 24
$1.3B
$156.2M
Q3 24
$1.3B
$159.1M
Q2 24
$1.3B
Total Assets
NTST
NTST
RELL
RELL
Q1 26
$2.8B
Q4 25
$2.6B
$201.8M
Q3 25
$2.5B
$200.1M
Q2 25
$2.3B
Q1 25
$2.3B
$189.8M
Q4 24
$2.3B
$195.2M
Q3 24
$2.2B
$197.9M
Q2 24
$2.1B
Debt / Equity
NTST
NTST
RELL
RELL
Q1 26
Q4 25
0.76×
Q3 25
0.84×
Q2 25
0.70×
Q1 25
0.70×
Q4 24
0.65×
Q3 24
0.58×
Q2 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
NTST
NTST
RELL
RELL
Operating Cash FlowLast quarter
$-99.0K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTST
NTST
RELL
RELL
Q1 26
Q4 25
$109.5M
$-99.0K
Q3 25
$28.0M
$1.4M
Q2 25
$30.6M
Q1 25
$22.1M
$4.6M
Q4 24
$90.2M
$5.5M
Q3 24
$25.1M
$412.0K
Q2 24
$25.4M
Free Cash Flow
NTST
NTST
RELL
RELL
Q1 26
Q4 25
$-1.7M
Q3 25
$342.0K
Q2 25
Q1 25
$4.1M
Q4 24
$4.9M
Q3 24
$-514.0K
Q2 24
FCF Margin
NTST
NTST
RELL
RELL
Q1 26
Q4 25
-3.3%
Q3 25
0.6%
Q2 25
Q1 25
7.5%
Q4 24
10.0%
Q3 24
-1.0%
Q2 24
Capex Intensity
NTST
NTST
RELL
RELL
Q1 26
Q4 25
3.1%
Q3 25
1.9%
Q2 25
Q1 25
1.0%
Q4 24
1.0%
Q3 24
1.7%
Q2 24
Cash Conversion
NTST
NTST
RELL
RELL
Q1 26
Q4 25
82.46×
Q3 25
45.27×
0.72×
Q2 25
9.36×
Q1 25
13.06×
Q4 24
Q3 24
0.70×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NTST
NTST

Rental revenue (including reimbursable)$54.0M95%
Other$3.0M5%

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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