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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and SONIDA SENIOR LIVING, INC. (SNDA). 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 $97.7M, roughly 1.5× SONIDA SENIOR LIVING, INC.). SONIDA SENIOR LIVING, INC. runs the higher net margin — -30.5% vs -31.4%, a 0.9% gap on every dollar of revenue. On growth, SONIDA SENIOR LIVING, INC. posted the faster year-over-year revenue change (6.2% vs 0.4%). Over the past eight quarters, SONIDA SENIOR LIVING, INC.'s revenue compounded faster (20.3% 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.

Sonida Senior Living, Inc. is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third ...

PDM vs SNDA — Head-to-Head

Bigger by revenue
PDM
PDM
1.5× larger
PDM
$143.3M
$97.7M
SNDA
Growing faster (revenue YoY)
SNDA
SNDA
+5.8% gap
SNDA
6.2%
0.4%
PDM
Higher net margin
SNDA
SNDA
0.9% more per $
SNDA
-30.5%
-31.4%
PDM
Faster 2-yr revenue CAGR
SNDA
SNDA
Annualised
SNDA
20.3%
0.0%
PDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PDM
PDM
SNDA
SNDA
Revenue
$143.3M
$97.7M
Net Profit
$-45.0M
$-29.8M
Gross Margin
Operating Margin
-30.8%
Net Margin
-31.4%
-30.5%
Revenue YoY
0.4%
6.2%
Net Profit YoY
-27.9%
-441.0%
EPS (diluted)
$-0.10
$-1.73

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
SNDA
SNDA
Q1 26
$143.3M
Q4 25
$142.9M
$97.7M
Q3 25
$139.2M
$98.0M
Q2 25
$140.3M
$93.5M
Q1 25
$142.7M
$91.9M
Q4 24
$143.2M
$91.9M
Q3 24
$139.3M
$74.8M
Q2 24
$143.3M
$70.2M
Net Profit
PDM
PDM
SNDA
SNDA
Q1 26
$-45.0M
Q4 25
$-43.2M
$-29.8M
Q3 25
$-13.5M
$-26.9M
Q2 25
$-16.8M
$-1.6M
Q1 25
$-10.1M
$-12.5M
Q4 24
$-30.0M
$-5.5M
Q3 24
$-11.5M
$-13.8M
Q2 24
$-9.8M
$-9.8M
Operating Margin
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
-30.8%
Q3 25
-27.8%
Q2 25
-2.0%
Q1 25
21.9%
Q4 24
-6.7%
Q3 24
-19.0%
Q2 24
-13.9%
Net Margin
PDM
PDM
SNDA
SNDA
Q1 26
-31.4%
Q4 25
-30.3%
-30.5%
Q3 25
-9.7%
-27.4%
Q2 25
-12.0%
-1.7%
Q1 25
-7.1%
-13.6%
Q4 24
-20.9%
-6.0%
Q3 24
-8.3%
-18.4%
Q2 24
-6.8%
-14.0%
EPS (diluted)
PDM
PDM
SNDA
SNDA
Q1 26
$-0.10
Q4 25
$-0.34
$-1.73
Q3 25
$-0.11
$-1.56
Q2 25
$-0.14
$-0.16
Q1 25
$-0.08
$-0.77
Q4 24
$-0.25
$-0.86
Q3 24
$-0.09
$-0.98
Q2 24
$-0.08
$-0.86

Balance Sheet & Financial Strength

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

Metric
PDM
PDM
SNDA
SNDA
Cash + ST InvestmentsLiquidity on hand
$2.3M
$11.0M
Total DebtLower is stronger
$689.7M
Stockholders' EquityBook value
$1.5B
$-11.0K
Total Assets
$4.0B
$844.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
SNDA
SNDA
Q1 26
$2.3M
Q4 25
$731.0K
$11.0M
Q3 25
$3.0M
$17.0M
Q2 25
$3.3M
$14.1M
Q1 25
$2.9M
$14.0M
Q4 24
$109.6M
$17.0M
Q3 24
$133.6M
$24.9M
Q2 24
$138.5M
$9.5M
Total Debt
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
$2.2B
$689.7M
Q3 25
$2.2B
$684.4M
Q2 25
$2.2B
$677.9M
Q1 25
$2.2B
$650.9M
Q4 24
$2.2B
$651.4M
Q3 24
$2.2B
$604.1M
Q2 24
$2.2B
$583.8M
Stockholders' Equity
PDM
PDM
SNDA
SNDA
Q1 26
$1.5B
Q4 25
$1.5B
$-11.0K
Q3 25
$1.5B
$29.8M
Q2 25
$1.5B
$56.7M
Q1 25
$1.6B
$58.8M
Q4 24
$1.6B
$71.8M
Q3 24
$1.6B
$77.5M
Q2 24
$1.7B
$-34.1M
Total Assets
PDM
PDM
SNDA
SNDA
Q1 26
$4.0B
Q4 25
$4.0B
$844.8M
Q3 25
$4.0B
$854.8M
Q2 25
$4.0B
$849.8M
Q1 25
$4.0B
$824.5M
Q4 24
$4.1B
$841.9M
Q3 24
$4.1B
$796.2M
Q2 24
$4.2B
$652.2M
Debt / Equity
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
1.49×
Q3 25
1.43×
22.99×
Q2 25
1.41×
11.96×
Q1 25
1.40×
11.08×
Q4 24
1.40×
9.07×
Q3 24
1.36×
7.79×
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
PDM
PDM
SNDA
SNDA
Operating Cash FlowLast quarter
$-400.0K
Free Cash FlowOCF − Capex
$-9.3M
FCF MarginFCF / Revenue
-9.5%
Capex IntensityCapex / Revenue
110.3%
9.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
$140.6M
$-400.0K
Q3 25
$35.8M
$12.0M
Q2 25
$50.1M
$8.9M
Q1 25
$3.7M
$3.8M
Q4 24
$198.1M
$-3.1M
Q3 24
$42.9M
$3.0M
Q2 24
$66.8M
$2.5M
Free Cash Flow
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
$-9.3M
Q3 25
$3.0M
Q2 25
$1.9M
Q1 25
$-4.5M
Q4 24
$-10.4M
Q3 24
$-5.1M
Q2 24
$-1.7M
FCF Margin
PDM
PDM
SNDA
SNDA
Q1 26
Q4 25
-9.5%
Q3 25
3.0%
Q2 25
2.1%
Q1 25
-4.9%
Q4 24
-11.3%
Q3 24
-6.8%
Q2 24
-2.4%
Capex Intensity
PDM
PDM
SNDA
SNDA
Q1 26
110.3%
Q4 25
9.1%
Q3 25
9.2%
Q2 25
7.5%
Q1 25
9.1%
Q4 24
7.9%
Q3 24
10.8%
Q2 24
5.9%

Financial Flow Comparison

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

Revenue Breakdown by Segment

PDM
PDM

Segment breakdown not available.

SNDA
SNDA

Health Care Resident Service$86.3M88%
Community Reimbursement Revenue$10.3M11%
Management Service$1.1M1%

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