vs

Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and Travere Therapeutics, Inc. (TVTX). 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 $129.7M, roughly 1.1× Travere Therapeutics, Inc.). On growth, Travere Therapeutics, Inc. posted the faster year-over-year revenue change (73.4% vs 0.4%). Over the past eight quarters, Travere Therapeutics, Inc.'s revenue compounded faster (77.0% 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.

Travere Therapeutics, Inc. is a global biopharmaceutical firm developing and commercializing innovative therapies for patients with rare, serious, life-threatening diseases. Its key segments cover rare nephrology, hepatology and metabolic disorders, serving markets across North America, Europe and other global regions.

PDM vs TVTX — Head-to-Head

Bigger by revenue
PDM
PDM
1.1× larger
PDM
$143.3M
$129.7M
TVTX
Growing faster (revenue YoY)
TVTX
TVTX
+73.0% gap
TVTX
73.4%
0.4%
PDM
Faster 2-yr revenue CAGR
TVTX
TVTX
Annualised
TVTX
77.0%
0.0%
PDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PDM
PDM
TVTX
TVTX
Revenue
$143.3M
$129.7M
Net Profit
$-45.0M
Gross Margin
98.0%
Operating Margin
-25.0%
Net Margin
-31.4%
Revenue YoY
0.4%
73.4%
Net Profit YoY
-27.9%
EPS (diluted)
$-0.10
$0.04

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
TVTX
TVTX
Q1 26
$143.3M
Q4 25
$142.9M
$129.7M
Q3 25
$139.2M
$164.9M
Q2 25
$140.3M
$114.4M
Q1 25
$142.7M
$81.7M
Q4 24
$143.2M
$74.8M
Q3 24
$139.3M
$62.9M
Q2 24
$143.3M
$54.1M
Net Profit
PDM
PDM
TVTX
TVTX
Q1 26
$-45.0M
Q4 25
$-43.2M
Q3 25
$-13.5M
$25.7M
Q2 25
$-16.8M
$-12.8M
Q1 25
$-10.1M
$-41.2M
Q4 24
$-30.0M
Q3 24
$-11.5M
$-54.8M
Q2 24
$-9.8M
$-70.4M
Gross Margin
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
98.0%
Q3 25
99.0%
Q2 25
98.7%
Q1 25
94.3%
Q4 24
96.6%
Q3 24
97.4%
Q2 24
96.2%
Operating Margin
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
-25.0%
Q3 25
15.1%
Q2 25
-11.1%
Q1 25
-52.2%
Q4 24
-81.2%
Q3 24
-89.3%
Q2 24
-125.1%
Net Margin
PDM
PDM
TVTX
TVTX
Q1 26
-31.4%
Q4 25
-30.3%
Q3 25
-9.7%
15.6%
Q2 25
-12.0%
-11.1%
Q1 25
-7.1%
-50.4%
Q4 24
-20.9%
Q3 24
-8.3%
-87.1%
Q2 24
-6.8%
-130.1%
EPS (diluted)
PDM
PDM
TVTX
TVTX
Q1 26
$-0.10
Q4 25
$-0.34
$0.04
Q3 25
$-0.11
$0.28
Q2 25
$-0.14
$-0.14
Q1 25
$-0.08
$-0.47
Q4 24
$-0.25
$-0.71
Q3 24
$-0.09
$-0.70
Q2 24
$-0.08
$-0.91

Balance Sheet & Financial Strength

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

Metric
PDM
PDM
TVTX
TVTX
Cash + ST InvestmentsLiquidity on hand
$2.3M
$93.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$114.8M
Total Assets
$4.0B
$605.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
TVTX
TVTX
Q1 26
$2.3M
Q4 25
$731.0K
$93.0M
Q3 25
$3.0M
$110.9M
Q2 25
$3.3M
$75.2M
Q1 25
$2.9M
$61.9M
Q4 24
$109.6M
$58.5M
Q3 24
$133.6M
$36.4M
Q2 24
$138.5M
$32.3M
Total Debt
PDM
PDM
TVTX
TVTX
Q1 26
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
Stockholders' Equity
PDM
PDM
TVTX
TVTX
Q1 26
$1.5B
Q4 25
$1.5B
$114.8M
Q3 25
$1.5B
$73.6M
Q2 25
$1.5B
$32.7M
Q1 25
$1.6B
$32.8M
Q4 24
$1.6B
$59.1M
Q3 24
$1.6B
$-30.5M
Q2 24
$1.7B
$15.1M
Total Assets
PDM
PDM
TVTX
TVTX
Q1 26
$4.0B
Q4 25
$4.0B
$605.2M
Q3 25
$4.0B
$538.6M
Q2 25
$4.0B
$555.3M
Q1 25
$4.0B
$548.8M
Q4 24
$4.1B
$594.1M
Q3 24
$4.1B
$504.4M
Q2 24
$4.2B
$551.1M
Debt / Equity
PDM
PDM
TVTX
TVTX
Q1 26
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
PDM
PDM
TVTX
TVTX
Operating Cash FlowLast quarter
$60.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
110.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
$140.6M
$60.7M
Q3 25
$35.8M
$14.3M
Q2 25
$50.1M
$5.0M
Q1 25
$3.7M
$-42.2M
Q4 24
$198.1M
$-35.7M
Q3 24
$42.9M
$-42.5M
Q2 24
$66.8M
$-40.2M
Free Cash Flow
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
Q3 25
$14.2M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-40.3M
FCF Margin
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
Q3 25
8.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-74.5%
Capex Intensity
PDM
PDM
TVTX
TVTX
Q1 26
110.3%
Q4 25
Q3 25
0.1%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
0.2%
Cash Conversion
PDM
PDM
TVTX
TVTX
Q1 26
Q4 25
Q3 25
0.56×
Q2 25
Q1 25
Q4 24
Q3 24
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.

TVTX
TVTX

FILSPARI$103.3M80%
Tiopronin Products$23.3M18%
License$3.1M2%

Related Comparisons