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Side-by-side financial comparison of NETSTREIT Corp. (NTST) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $56.8M, roughly 1.0× Star Equity Holdings, Inc.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -3.0%, a 13.0% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 24.3%). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% CAGR vs 20.1%).

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.

Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.

NTST vs STRR — Head-to-Head

Bigger by revenue
NTST
NTST
1.0× larger
NTST
$57.1M
$56.8M
STRR
Growing faster (revenue YoY)
STRR
STRR
+44.7% gap
STRR
69.0%
24.3%
NTST
Higher net margin
NTST
NTST
13.0% more per $
NTST
10.0%
-3.0%
STRR
Faster 2-yr revenue CAGR
STRR
STRR
Annualised
STRR
29.5%
20.1%
NTST

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTST
NTST
STRR
STRR
Revenue
$57.1M
$56.8M
Net Profit
$5.7M
$-1.7M
Gross Margin
Operating Margin
34.1%
-0.2%
Net Margin
10.0%
-3.0%
Revenue YoY
24.3%
69.0%
Net Profit YoY
235.9%
-192.1%
EPS (diluted)
$0.32
$-0.49

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
STRR
STRR
Q1 26
$57.1M
Q4 25
$52.5M
$56.8M
Q3 25
$48.3M
$48.0M
Q2 25
$48.3M
$35.5M
Q1 25
$45.9M
$31.9M
Q4 24
$44.1M
$33.6M
Q3 24
$41.4M
$36.9M
Q2 24
$39.6M
$35.7M
Net Profit
NTST
NTST
STRR
STRR
Q1 26
$5.7M
Q4 25
$1.3M
$-1.7M
Q3 25
$618.0K
$-1.8M
Q2 25
$3.3M
$-688.0K
Q1 25
$1.7M
$-1.8M
Q4 24
$-5.4M
$-585.0K
Q3 24
$-5.3M
$-846.0K
Q2 24
$-2.3M
$-441.0K
Gross Margin
NTST
NTST
STRR
STRR
Q1 26
Q4 25
Q3 25
43.0%
Q2 25
Q1 25
Q4 24
Q3 24
50.5%
Q2 24
Operating Margin
NTST
NTST
STRR
STRR
Q1 26
34.1%
Q4 25
2.6%
-0.2%
Q3 25
1.3%
-3.4%
Q2 25
6.8%
-0.6%
Q1 25
3.7%
-5.4%
Q4 24
-12.3%
-0.4%
Q3 24
-12.8%
-1.2%
Q2 24
-5.8%
-0.5%
Net Margin
NTST
NTST
STRR
STRR
Q1 26
10.0%
Q4 25
2.5%
-3.0%
Q3 25
1.3%
-3.7%
Q2 25
6.8%
-1.9%
Q1 25
3.7%
-5.5%
Q4 24
-12.3%
-1.7%
Q3 24
-12.8%
-2.3%
Q2 24
-5.8%
-1.2%
EPS (diluted)
NTST
NTST
STRR
STRR
Q1 26
$0.32
Q4 25
$0.01
$-0.49
Q3 25
$0.01
$-0.54
Q2 25
$0.04
$-0.23
Q1 25
$0.02
$-0.59
Q4 24
$-0.07
$-0.21
Q3 24
$-0.07
$-0.28
Q2 24
$-0.03
$-0.15

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
STRR
STRR
Cash + ST InvestmentsLiquidity on hand
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$65.7M
Total Assets
$2.8B
$113.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTST
NTST
STRR
STRR
Q1 26
Q4 25
$10.3M
Q3 25
$15.4M
Q2 25
$16.8M
Q1 25
$16.6M
Q4 24
$17.0M
Q3 24
$15.8M
Q2 24
$14.7M
Total Debt
NTST
NTST
STRR
STRR
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
$6.5M
Q2 25
$926.6M
Q1 25
$913.3M
Q4 24
$868.3M
$0
Q3 24
$778.7M
Q2 24
$726.2M
Stockholders' Equity
NTST
NTST
STRR
STRR
Q1 26
$1.5B
Q4 25
$1.4B
$65.7M
Q3 25
$1.3B
$67.8M
Q2 25
$1.3B
$40.1M
Q1 25
$1.3B
$39.5M
Q4 24
$1.3B
$40.4M
Q3 24
$1.3B
$42.9M
Q2 24
$1.3B
$42.6M
Total Assets
NTST
NTST
STRR
STRR
Q1 26
$2.8B
Q4 25
$2.6B
$113.2M
Q3 25
$2.5B
$117.1M
Q2 25
$2.3B
$55.6M
Q1 25
$2.3B
$53.2M
Q4 24
$2.3B
$52.6M
Q3 24
$2.2B
$52.6M
Q2 24
$2.1B
$52.6M
Debt / Equity
NTST
NTST
STRR
STRR
Q1 26
Q4 25
0.76×
Q3 25
0.84×
0.10×
Q2 25
0.70×
Q1 25
0.70×
Q4 24
0.65×
0.00×
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
STRR
STRR
Operating Cash FlowLast quarter
$-7.3M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-15.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTST
NTST
STRR
STRR
Q1 26
Q4 25
$109.5M
$-7.3M
Q3 25
$28.0M
$-2.7M
Q2 25
$30.6M
$139.0K
Q1 25
$22.1M
$-802.0K
Q4 24
$90.2M
$-2.8M
Q3 24
$25.1M
$1.3M
Q2 24
$25.4M
$-4.3M
Free Cash Flow
NTST
NTST
STRR
STRR
Q1 26
Q4 25
$-9.0M
Q3 25
$-3.4M
Q2 25
$102.0K
Q1 25
$-808.0K
Q4 24
$-2.8M
Q3 24
$1.3M
Q2 24
$-4.3M
FCF Margin
NTST
NTST
STRR
STRR
Q1 26
Q4 25
-15.8%
Q3 25
-7.0%
Q2 25
0.3%
Q1 25
-2.5%
Q4 24
-8.3%
Q3 24
3.4%
Q2 24
-12.0%
Capex Intensity
NTST
NTST
STRR
STRR
Q1 26
Q4 25
3.0%
Q3 25
1.3%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
NTST
NTST
STRR
STRR
Q1 26
Q4 25
82.46×
Q3 25
45.27×
Q2 25
9.36×
Q1 25
13.06×
Q4 24
Q3 24
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%

STRR
STRR

Revenue From Other Contracts With Customers$27.6M49%
Other$24.3M43%
Energy Services Segment$4.9M9%

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