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Side-by-side financial comparison of NETSTREIT Corp. (NTST) and Sila Realty Trust, Inc. (SILA). Click either name above to swap in a different company.

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $50.1M, roughly 1.1× Sila Realty Trust, Inc.). Sila Realty Trust, Inc. runs the higher net margin — 10.0% vs 10.0%, a 0.0% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs 7.6%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs -0.6%).

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.

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

NTST vs SILA — Head-to-Head

Bigger by revenue
NTST
NTST
1.1× larger
NTST
$57.1M
$50.1M
SILA
Growing faster (revenue YoY)
NTST
NTST
+16.7% gap
NTST
24.3%
7.6%
SILA
Higher net margin
SILA
SILA
0.0% more per $
SILA
10.0%
10.0%
NTST
Faster 2-yr revenue CAGR
NTST
NTST
Annualised
NTST
20.1%
-0.6%
SILA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTST
NTST
SILA
SILA
Revenue
$57.1M
$50.1M
Net Profit
$5.7M
$5.0M
Gross Margin
88.9%
Operating Margin
34.1%
Net Margin
10.0%
10.0%
Revenue YoY
24.3%
7.6%
Net Profit YoY
235.9%
-54.9%
EPS (diluted)
$0.32
$0.10

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
SILA
SILA
Q1 26
$57.1M
Q4 25
$52.5M
$50.1M
Q3 25
$48.3M
$49.8M
Q2 25
$48.3M
$48.7M
Q1 25
$45.9M
$48.3M
Q4 24
$44.1M
$46.5M
Q3 24
$41.4M
$46.1M
Q2 24
$39.6M
$43.6M
Net Profit
NTST
NTST
SILA
SILA
Q1 26
$5.7M
Q4 25
$1.3M
$5.0M
Q3 25
$618.0K
$11.6M
Q2 25
$3.3M
$8.6M
Q1 25
$1.7M
$7.9M
Q4 24
$-5.4M
$11.1M
Q3 24
$-5.3M
$11.9M
Q2 24
$-2.3M
$4.6M
Gross Margin
NTST
NTST
SILA
SILA
Q1 26
Q4 25
88.9%
Q3 25
88.1%
Q2 25
87.7%
Q1 25
86.9%
Q4 24
87.3%
Q3 24
87.4%
Q2 24
86.6%
Operating Margin
NTST
NTST
SILA
SILA
Q1 26
34.1%
Q4 25
2.6%
Q3 25
1.3%
Q2 25
6.8%
Q1 25
3.7%
Q4 24
-12.3%
Q3 24
-12.8%
Q2 24
-5.8%
Net Margin
NTST
NTST
SILA
SILA
Q1 26
10.0%
Q4 25
2.5%
10.0%
Q3 25
1.3%
23.3%
Q2 25
6.8%
17.6%
Q1 25
3.7%
16.4%
Q4 24
-12.3%
23.9%
Q3 24
-12.8%
25.9%
Q2 24
-5.8%
10.6%
EPS (diluted)
NTST
NTST
SILA
SILA
Q1 26
$0.32
Q4 25
$0.01
$0.10
Q3 25
$0.01
$0.21
Q2 25
$0.04
$0.15
Q1 25
$0.02
$0.14
Q4 24
$-0.07
$0.20
Q3 24
$-0.07
$0.21
Q2 24
$-0.03
$0.08

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
SILA
SILA
Cash + ST InvestmentsLiquidity on hand
$32.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$1.3B
Total Assets
$2.8B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTST
NTST
SILA
SILA
Q1 26
Q4 25
$32.3M
Q3 25
$27.7M
Q2 25
$24.8M
Q1 25
$30.5M
Q4 24
$39.8M
Q3 24
$28.6M
Q2 24
$87.0M
Total Debt
NTST
NTST
SILA
SILA
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
SILA
SILA
Q1 26
$1.5B
Q4 25
$1.4B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.3B
$1.4B
Q1 25
$1.3B
$1.4B
Q4 24
$1.3B
$1.4B
Q3 24
$1.3B
$1.4B
Q2 24
$1.3B
$1.5B
Total Assets
NTST
NTST
SILA
SILA
Q1 26
$2.8B
Q4 25
$2.6B
$2.1B
Q3 25
$2.5B
$2.1B
Q2 25
$2.3B
$2.0B
Q1 25
$2.3B
$2.0B
Q4 24
$2.3B
$2.0B
Q3 24
$2.2B
$2.0B
Q2 24
$2.1B
$2.1B
Debt / Equity
NTST
NTST
SILA
SILA
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
SILA
SILA
Operating Cash FlowLast quarter
$119.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
23.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTST
NTST
SILA
SILA
Q1 26
Q4 25
$109.5M
$119.1M
Q3 25
$28.0M
$30.0M
Q2 25
$30.6M
$31.9M
Q1 25
$22.1M
$24.1M
Q4 24
$90.2M
$132.8M
Q3 24
$25.1M
$29.1M
Q2 24
$25.4M
$31.6M
Cash Conversion
NTST
NTST
SILA
SILA
Q1 26
Q4 25
82.46×
23.76×
Q3 25
45.27×
2.59×
Q2 25
9.36×
3.71×
Q1 25
13.06×
3.06×
Q4 24
11.95×
Q3 24
2.43×
Q2 24
6.84×

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%

SILA
SILA

Segment breakdown not available.

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