vs

Side-by-side financial comparison of NETSTREIT Corp. (NTST) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $39.4M, roughly 1.4× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs 10.0%, a 44.9% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs 1.1%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs 14.1%).

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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

NTST vs SD — Head-to-Head

Bigger by revenue
NTST
NTST
1.4× larger
NTST
$57.1M
$39.4M
SD
Growing faster (revenue YoY)
NTST
NTST
+23.2% gap
NTST
24.3%
1.1%
SD
Higher net margin
SD
SD
44.9% more per $
SD
54.9%
10.0%
NTST
Faster 2-yr revenue CAGR
NTST
NTST
Annualised
NTST
20.1%
14.1%
SD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTST
NTST
SD
SD
Revenue
$57.1M
$39.4M
Net Profit
$5.7M
$21.6M
Gross Margin
Operating Margin
34.1%
38.5%
Net Margin
10.0%
54.9%
Revenue YoY
24.3%
1.1%
Net Profit YoY
235.9%
23.1%
EPS (diluted)
$0.32
$0.59

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
NTST
NTST
SD
SD
Q1 26
$57.1M
Q4 25
$52.5M
$39.4M
Q3 25
$48.3M
$39.8M
Q2 25
$48.3M
$34.5M
Q1 25
$45.9M
$42.6M
Q4 24
$44.1M
$39.0M
Q3 24
$41.4M
$30.1M
Q2 24
$39.6M
$26.0M
Net Profit
NTST
NTST
SD
SD
Q1 26
$5.7M
Q4 25
$1.3M
$21.6M
Q3 25
$618.0K
$16.0M
Q2 25
$3.3M
$19.6M
Q1 25
$1.7M
$13.0M
Q4 24
$-5.4M
$17.6M
Q3 24
$-5.3M
$25.5M
Q2 24
$-2.3M
$8.8M
Operating Margin
NTST
NTST
SD
SD
Q1 26
34.1%
Q4 25
2.6%
38.5%
Q3 25
1.3%
37.8%
Q2 25
6.8%
53.7%
Q1 25
3.7%
28.6%
Q4 24
-12.3%
25.9%
Q3 24
-12.8%
28.3%
Q2 24
-5.8%
23.9%
Net Margin
NTST
NTST
SD
SD
Q1 26
10.0%
Q4 25
2.5%
54.9%
Q3 25
1.3%
40.1%
Q2 25
6.8%
56.6%
Q1 25
3.7%
30.6%
Q4 24
-12.3%
45.1%
Q3 24
-12.8%
84.8%
Q2 24
-5.8%
33.9%
EPS (diluted)
NTST
NTST
SD
SD
Q1 26
$0.32
Q4 25
$0.01
$0.59
Q3 25
$0.01
$0.43
Q2 25
$0.04
$0.53
Q1 25
$0.02
$0.35
Q4 24
$-0.07
$0.46
Q3 24
$-0.07
$0.69
Q2 24
$-0.03
$0.24

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
SD
SD
Cash + ST InvestmentsLiquidity on hand
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$510.9M
Total Assets
$2.8B
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTST
NTST
SD
SD
Q1 26
Q4 25
$111.0M
Q3 25
$101.2M
Q2 25
$102.8M
Q1 25
$99.7M
Q4 24
$98.1M
Q3 24
$92.7M
Q2 24
$209.9M
Total Debt
NTST
NTST
SD
SD
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
SD
SD
Q1 26
$1.5B
Q4 25
$1.4B
$510.9M
Q3 25
$1.3B
$492.4M
Q2 25
$1.3B
$480.2M
Q1 25
$1.3B
$464.9M
Q4 24
$1.3B
$460.5M
Q3 24
$1.3B
$446.8M
Q2 24
$1.3B
$424.8M
Total Assets
NTST
NTST
SD
SD
Q1 26
$2.8B
Q4 25
$2.6B
$644.0M
Q3 25
$2.5B
$619.0M
Q2 25
$2.3B
$602.3M
Q1 25
$2.3B
$588.3M
Q4 24
$2.3B
$581.5M
Q3 24
$2.2B
$565.2M
Q2 24
$2.1B
$529.6M
Debt / Equity
NTST
NTST
SD
SD
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
SD
SD
Operating Cash FlowLast quarter
$31.7M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
36.6%
Capex IntensityCapex / Revenue
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTST
NTST
SD
SD
Q1 26
Q4 25
$109.5M
$31.7M
Q3 25
$28.0M
$25.3M
Q2 25
$30.6M
$22.9M
Q1 25
$22.1M
$20.3M
Q4 24
$90.2M
$26.0M
Q3 24
$25.1M
$20.8M
Q2 24
$25.4M
$11.4M
Free Cash Flow
NTST
NTST
SD
SD
Q1 26
Q4 25
$14.4M
Q3 25
$5.9M
Q2 25
$7.3M
Q1 25
$13.9M
Q4 24
$13.2M
Q3 24
$10.8M
Q2 24
$9.0M
FCF Margin
NTST
NTST
SD
SD
Q1 26
Q4 25
36.6%
Q3 25
14.9%
Q2 25
21.0%
Q1 25
32.7%
Q4 24
33.8%
Q3 24
36.1%
Q2 24
34.5%
Capex Intensity
NTST
NTST
SD
SD
Q1 26
Q4 25
43.8%
Q3 25
48.6%
Q2 25
45.2%
Q1 25
15.0%
Q4 24
32.9%
Q3 24
33.3%
Q2 24
9.4%
Cash Conversion
NTST
NTST
SD
SD
Q1 26
Q4 25
82.46×
1.46×
Q3 25
45.27×
1.58×
Q2 25
9.36×
1.17×
Q1 25
13.06×
1.56×
Q4 24
1.48×
Q3 24
0.82×
Q2 24
1.30×

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%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

Related Comparisons