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Side-by-side financial comparison of NWPX Infrastructure, Inc. (NWPX) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $138.3M, roughly 1.0× NWPX Infrastructure, Inc.). NWPX Infrastructure, Inc. runs the higher net margin — 7.6% vs -31.4%, a 39.0% gap on every dollar of revenue. On growth, NWPX Infrastructure, Inc. posted the faster year-over-year revenue change (19.1% vs 0.4%). Over the past eight quarters, NWPX Infrastructure, Inc.'s revenue compounded faster (3.3% CAGR vs 0.0%).
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
NWPX vs PDM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $138.3M | $143.3M |
| Net Profit | $10.5M | $-45.0M |
| Gross Margin | 19.3% | — |
| Operating Margin | 9.2% | — |
| Net Margin | 7.6% | -31.4% |
| Revenue YoY | 19.1% | 0.4% |
| Net Profit YoY | 165.7% | -27.9% |
| EPS (diluted) | $1.08 | $-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.
| Q1 26 | $138.3M | $143.3M | ||
| Q4 25 | $125.6M | $142.9M | ||
| Q3 25 | $151.1M | $139.2M | ||
| Q2 25 | $133.2M | $140.3M | ||
| Q1 25 | $116.1M | $142.7M | ||
| Q4 24 | $119.6M | $143.2M | ||
| Q3 24 | $130.2M | $139.3M | ||
| Q2 24 | $129.5M | $143.3M |
| Q1 26 | $10.5M | $-45.0M | ||
| Q4 25 | $8.9M | $-43.2M | ||
| Q3 25 | $13.5M | $-13.5M | ||
| Q2 25 | $9.1M | $-16.8M | ||
| Q1 25 | $4.0M | $-10.1M | ||
| Q4 24 | $10.1M | $-30.0M | ||
| Q3 24 | $10.3M | $-11.5M | ||
| Q2 24 | $8.6M | $-9.8M |
| Q1 26 | 19.3% | — | ||
| Q4 25 | 21.3% | — | ||
| Q3 25 | 21.3% | — | ||
| Q2 25 | 19.0% | — | ||
| Q1 25 | 16.7% | — | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 20.8% | — | ||
| Q2 24 | 19.9% | — |
| Q1 26 | 9.2% | — | ||
| Q4 25 | 10.4% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 10.5% | — |
| Q1 26 | 7.6% | -31.4% | ||
| Q4 25 | 7.1% | -30.3% | ||
| Q3 25 | 8.9% | -9.7% | ||
| Q2 25 | 6.8% | -12.0% | ||
| Q1 25 | 3.4% | -7.1% | ||
| Q4 24 | 8.4% | -20.9% | ||
| Q3 24 | 7.9% | -8.3% | ||
| Q2 24 | 6.7% | -6.8% |
| Q1 26 | $1.08 | $-0.10 | ||
| Q4 25 | $0.88 | $-0.34 | ||
| Q3 25 | $1.38 | $-0.11 | ||
| Q2 25 | $0.91 | $-0.14 | ||
| Q1 25 | $0.39 | $-0.08 | ||
| Q4 24 | $1.00 | $-0.25 | ||
| Q3 24 | $1.02 | $-0.09 | ||
| Q2 24 | $0.86 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.3M | $2.3M |
| Total DebtLower is stronger | $10.7M | — |
| Stockholders' EquityBook value | $403.7M | $1.5B |
| Total Assets | $634.1M | $4.0B |
| Debt / EquityLower = less leverage | 0.03× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | $2.3M | ||
| Q4 25 | $2.3M | $731.0K | ||
| Q3 25 | $2.7M | $3.0M | ||
| Q2 25 | $2.0M | $3.3M | ||
| Q1 25 | $5.3M | $2.9M | ||
| Q4 24 | $5.0M | $109.6M | ||
| Q3 24 | $5.7M | $133.6M | ||
| Q2 24 | $4.5M | $138.5M |
| Q1 26 | $10.7M | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B |
| Q1 26 | $403.7M | $1.5B | ||
| Q4 25 | $394.8M | $1.5B | ||
| Q3 25 | $386.4M | $1.5B | ||
| Q2 25 | $379.5M | $1.5B | ||
| Q1 25 | $378.5M | $1.6B | ||
| Q4 24 | $374.0M | $1.6B | ||
| Q3 24 | $362.4M | $1.6B | ||
| Q2 24 | $351.2M | $1.7B |
| Q1 26 | $634.1M | $4.0B | ||
| Q4 25 | $579.6M | $4.0B | ||
| Q3 25 | $605.2M | $4.0B | ||
| Q2 25 | $592.6M | $4.0B | ||
| Q1 25 | $582.2M | $4.0B | ||
| Q4 24 | $589.7M | $4.1B | ||
| Q3 24 | $617.2M | $4.1B | ||
| Q2 24 | $631.7M | $4.2B |
| Q1 26 | 0.03× | — | ||
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.3M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 110.3% |
| Cash ConversionOCF / Net Profit | 2.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.3M | — | ||
| Q4 25 | $36.0M | $140.6M | ||
| Q3 25 | $21.0M | $35.8M | ||
| Q2 25 | $5.4M | $50.1M | ||
| Q1 25 | $4.8M | $3.7M | ||
| Q4 24 | $36.1M | $198.1M | ||
| Q3 24 | $22.7M | $42.9M | ||
| Q2 24 | $22.3M | $66.8M |
| Q1 26 | — | — | ||
| Q4 25 | $30.8M | — | ||
| Q3 25 | $13.2M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.2M | — | ||
| Q4 24 | $31.9M | — | ||
| Q3 24 | $16.8M | — | ||
| Q2 24 | $16.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | 24.5% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 26.7% | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | — | 110.3% | ||
| Q4 25 | 4.1% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | 4.7% | — |
| Q1 26 | 2.78× | — | ||
| Q4 25 | 4.06× | — | ||
| Q3 25 | 1.55× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 3.58× | — | ||
| Q3 24 | 2.22× | — | ||
| Q2 24 | 2.58× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NWPX
| Water Transmission Systems | $93.5M | 68% |
| Precast Infrastructure and Engineered Systems | $44.8M | 32% |
PDM
Segment breakdown not available.
