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

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $30.3M, roughly 1.9× SYPRIS SOLUTIONS INC). NETSTREIT Corp. runs the higher net margin — 10.0% vs -12.9%, a 22.9% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs -9.5%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs -7.7%).

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.

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

NTST vs SYPR — Head-to-Head

Bigger by revenue
NTST
NTST
1.9× larger
NTST
$57.1M
$30.3M
SYPR
Growing faster (revenue YoY)
NTST
NTST
+33.8% gap
NTST
24.3%
-9.5%
SYPR
Higher net margin
NTST
NTST
22.9% more per $
NTST
10.0%
-12.9%
SYPR
Faster 2-yr revenue CAGR
NTST
NTST
Annualised
NTST
20.1%
-7.7%
SYPR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTST
NTST
SYPR
SYPR
Revenue
$57.1M
$30.3M
Net Profit
$5.7M
$-3.9M
Gross Margin
4.6%
Operating Margin
34.1%
-10.9%
Net Margin
10.0%
-12.9%
Revenue YoY
24.3%
-9.5%
Net Profit YoY
235.9%
-2992.6%
EPS (diluted)
$0.32
$-0.17

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
SYPR
SYPR
Q1 26
$57.1M
Q4 25
$52.5M
$30.3M
Q3 25
$48.3M
$28.7M
Q2 25
$48.3M
$31.4M
Q1 25
$45.9M
$29.5M
Q4 24
$44.1M
$33.4M
Q3 24
$41.4M
$35.7M
Q2 24
$39.6M
$35.5M
Net Profit
NTST
NTST
SYPR
SYPR
Q1 26
$5.7M
Q4 25
$1.3M
$-3.9M
Q3 25
$618.0K
$517.0K
Q2 25
$3.3M
$-2.1M
Q1 25
$1.7M
$-899.0K
Q4 24
$-5.4M
$135.0K
Q3 24
$-5.3M
$390.0K
Q2 24
$-2.3M
$16.0K
Gross Margin
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
4.6%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
11.4%
Q4 24
16.1%
Q3 24
16.8%
Q2 24
15.9%
Operating Margin
NTST
NTST
SYPR
SYPR
Q1 26
34.1%
Q4 25
2.6%
-10.9%
Q3 25
1.3%
-6.1%
Q2 25
6.8%
-4.6%
Q1 25
3.7%
-0.4%
Q4 24
-12.3%
3.9%
Q3 24
-12.8%
4.8%
Q2 24
-5.8%
3.6%
Net Margin
NTST
NTST
SYPR
SYPR
Q1 26
10.0%
Q4 25
2.5%
-12.9%
Q3 25
1.3%
1.8%
Q2 25
6.8%
-6.5%
Q1 25
3.7%
-3.0%
Q4 24
-12.3%
0.4%
Q3 24
-12.8%
1.1%
Q2 24
-5.8%
0.0%
EPS (diluted)
NTST
NTST
SYPR
SYPR
Q1 26
$0.32
Q4 25
$0.01
$-0.17
Q3 25
$0.01
$0.02
Q2 25
$0.04
$-0.09
Q1 25
$0.02
$-0.04
Q4 24
$-0.07
$0.00
Q3 24
$-0.07
$0.02
Q2 24
$-0.03
$0.00

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
SYPR
SYPR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$17.8M
Total Assets
$2.8B
$107.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Total Debt
NTST
NTST
SYPR
SYPR
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
SYPR
SYPR
Q1 26
$1.5B
Q4 25
$1.4B
$17.8M
Q3 25
$1.3B
$20.0M
Q2 25
$1.3B
$18.7M
Q1 25
$1.3B
$19.0M
Q4 24
$1.3B
$19.6M
Q3 24
$1.3B
$18.2M
Q2 24
$1.3B
$19.0M
Total Assets
NTST
NTST
SYPR
SYPR
Q1 26
$2.8B
Q4 25
$2.6B
$107.8M
Q3 25
$2.5B
$112.5M
Q2 25
$2.3B
$105.8M
Q1 25
$2.3B
$110.2M
Q4 24
$2.3B
$119.4M
Q3 24
$2.2B
$121.6M
Q2 24
$2.1B
$124.2M
Debt / Equity
NTST
NTST
SYPR
SYPR
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
SYPR
SYPR
Operating Cash FlowLast quarter
$-1.1M
Free Cash FlowOCF − Capex
$-1.5M
FCF MarginFCF / Revenue
-5.0%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
$109.5M
$-1.1M
Q3 25
$28.0M
$-178.0K
Q2 25
$30.6M
$1.1M
Q1 25
$22.1M
$-5.5M
Q4 24
$90.2M
$2.3M
Q3 24
$25.1M
$-4.8M
Q2 24
$25.4M
$6.2M
Free Cash Flow
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
$-1.5M
Q3 25
$-390.0K
Q2 25
$941.0K
Q1 25
$-5.5M
Q4 24
$1.9M
Q3 24
$-4.9M
Q2 24
$6.0M
FCF Margin
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
-5.0%
Q3 25
-1.4%
Q2 25
3.0%
Q1 25
-18.8%
Q4 24
5.7%
Q3 24
-13.8%
Q2 24
16.8%
Capex Intensity
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
1.3%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
0.0%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
0.5%
Cash Conversion
NTST
NTST
SYPR
SYPR
Q1 26
Q4 25
82.46×
Q3 25
45.27×
-0.34×
Q2 25
9.36×
Q1 25
13.06×
Q4 24
17.13×
Q3 24
-12.21×
Q2 24
385.25×

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%

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

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