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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and Repay Holdings Corp (RPAY). 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 $78.6M, roughly 1.8× Repay Holdings Corp). Piedmont Realty Trust, Inc. runs the higher net margin — -31.4% vs -178.3%, a 146.9% gap on every dollar of revenue. On growth, Piedmont Realty Trust, Inc. posted the faster year-over-year revenue change (0.4% vs 0.4%). Over the past eight quarters, Piedmont Realty Trust, Inc.'s revenue compounded faster (0.0% CAGR vs -1.3%).

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.

Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.

PDM vs RPAY — Head-to-Head

Bigger by revenue
PDM
PDM
1.8× larger
PDM
$143.3M
$78.6M
RPAY
Growing faster (revenue YoY)
PDM
PDM
+0.0% gap
PDM
0.4%
0.4%
RPAY
Higher net margin
PDM
PDM
146.9% more per $
PDM
-31.4%
-178.3%
RPAY
Faster 2-yr revenue CAGR
PDM
PDM
Annualised
PDM
0.0%
-1.3%
RPAY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PDM
PDM
RPAY
RPAY
Revenue
$143.3M
$78.6M
Net Profit
$-45.0M
$-140.1M
Gross Margin
74.2%
Operating Margin
-182.2%
Net Margin
-31.4%
-178.3%
Revenue YoY
0.4%
0.4%
Net Profit YoY
-27.9%
-3304.1%
EPS (diluted)
$-0.10
$-1.68

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
PDM
PDM
RPAY
RPAY
Q1 26
$143.3M
Q4 25
$142.9M
$78.6M
Q3 25
$139.2M
$77.7M
Q2 25
$140.3M
$75.6M
Q1 25
$142.7M
$77.3M
Q4 24
$143.2M
$78.3M
Q3 24
$139.3M
$79.1M
Q2 24
$143.3M
$74.9M
Net Profit
PDM
PDM
RPAY
RPAY
Q1 26
$-45.0M
Q4 25
$-43.2M
$-140.1M
Q3 25
$-13.5M
$-6.4M
Q2 25
$-16.8M
$-102.3M
Q1 25
$-10.1M
$-7.9M
Q4 24
$-30.0M
$-4.1M
Q3 24
$-11.5M
$3.2M
Q2 24
$-9.8M
$-4.1M
Gross Margin
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
74.2%
Q3 25
74.4%
Q2 25
75.7%
Q1 25
75.9%
Q4 24
76.3%
Q3 24
77.8%
Q2 24
78.2%
Operating Margin
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
-182.2%
Q3 25
-3.9%
Q2 25
-138.7%
Q1 25
-4.7%
Q4 24
-1.5%
Q3 24
-0.9%
Q2 24
-4.6%
Net Margin
PDM
PDM
RPAY
RPAY
Q1 26
-31.4%
Q4 25
-30.3%
-178.3%
Q3 25
-9.7%
-8.3%
Q2 25
-12.0%
-135.2%
Q1 25
-7.1%
-10.3%
Q4 24
-20.9%
-5.3%
Q3 24
-8.3%
4.1%
Q2 24
-6.8%
-5.4%
EPS (diluted)
PDM
PDM
RPAY
RPAY
Q1 26
$-0.10
Q4 25
$-0.34
$-1.68
Q3 25
$-0.11
$-0.08
Q2 25
$-0.14
$-1.15
Q1 25
$-0.08
$-0.09
Q4 24
$-0.25
$-0.04
Q3 24
$-0.09
$0.03
Q2 24
$-0.08
$-0.04

Balance Sheet & Financial Strength

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

Metric
PDM
PDM
RPAY
RPAY
Cash + ST InvestmentsLiquidity on hand
$2.3M
$115.7M
Total DebtLower is stronger
$280.1M
Stockholders' EquityBook value
$1.5B
$484.4M
Total Assets
$4.0B
$1.2B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
RPAY
RPAY
Q1 26
$2.3M
Q4 25
$731.0K
$115.7M
Q3 25
$3.0M
$95.7M
Q2 25
$3.3M
$162.6M
Q1 25
$2.9M
$165.5M
Q4 24
$109.6M
$189.5M
Q3 24
$133.6M
$168.7M
Q2 24
$138.5M
$147.1M
Total Debt
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
$2.2B
$280.1M
Q3 25
$2.2B
$279.5M
Q2 25
$2.2B
$279.0M
Q1 25
$2.2B
$497.6M
Q4 24
$2.2B
$496.8M
Q3 24
$2.2B
$496.2M
Q2 24
$2.2B
$435.6M
Stockholders' Equity
PDM
PDM
RPAY
RPAY
Q1 26
$1.5B
Q4 25
$1.5B
$484.4M
Q3 25
$1.5B
$616.9M
Q2 25
$1.5B
$633.7M
Q1 25
$1.6B
$755.7M
Q4 24
$1.6B
$761.3M
Q3 24
$1.6B
$754.7M
Q2 24
$1.7B
$815.4M
Total Assets
PDM
PDM
RPAY
RPAY
Q1 26
$4.0B
Q4 25
$4.0B
$1.2B
Q3 25
$4.0B
$1.3B
Q2 25
$4.0B
$1.4B
Q1 25
$4.0B
$1.5B
Q4 24
$4.1B
$1.6B
Q3 24
$4.1B
$1.6B
Q2 24
$4.2B
$1.5B
Debt / Equity
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
1.49×
0.58×
Q3 25
1.43×
0.45×
Q2 25
1.41×
0.44×
Q1 25
1.40×
0.66×
Q4 24
1.40×
0.65×
Q3 24
1.36×
0.66×
Q2 24
1.34×
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PDM
PDM
RPAY
RPAY
Operating Cash FlowLast quarter
$23.3M
Free Cash FlowOCF − Capex
$23.2M
FCF MarginFCF / Revenue
29.6%
Capex IntensityCapex / Revenue
110.3%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$90.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
$140.6M
$23.3M
Q3 25
$35.8M
$32.2M
Q2 25
$50.1M
$33.1M
Q1 25
$3.7M
$2.5M
Q4 24
$198.1M
$34.3M
Q3 24
$42.9M
$60.1M
Q2 24
$66.8M
$31.0M
Free Cash Flow
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
$23.2M
Q3 25
$32.1M
Q2 25
$33.0M
Q1 25
$2.4M
Q4 24
$34.0M
Q3 24
$59.8M
Q2 24
$30.5M
FCF Margin
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
29.6%
Q3 25
41.3%
Q2 25
43.6%
Q1 25
3.0%
Q4 24
43.5%
Q3 24
75.6%
Q2 24
40.7%
Capex Intensity
PDM
PDM
RPAY
RPAY
Q1 26
110.3%
Q4 25
0.1%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.2%
Q4 24
0.3%
Q3 24
0.3%
Q2 24
0.6%
Cash Conversion
PDM
PDM
RPAY
RPAY
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
18.52×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PDM
PDM

Segment breakdown not available.

RPAY
RPAY

Sales Channel Directly To Consumer$69.4M88%
Other$6.8M9%
Sales Channel Through Intermediary$2.3M3%

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