vs
Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($199.5M vs $143.3M, roughly 1.4× Piedmont Realty Trust, Inc.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs -31.4%, a 35.0% gap on every dollar of revenue. On growth, Piedmont Realty Trust, Inc. posted the faster year-over-year revenue change (0.4% vs -4.1%). Over the past eight quarters, Piedmont Realty Trust, Inc.'s revenue compounded faster (0.0% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
PDM vs VRTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $199.5M |
| Net Profit | $-45.0M | $7.1M |
| Gross Margin | — | — |
| Operating Margin | — | 7.7% |
| Net Margin | -31.4% | 3.6% |
| Revenue YoY | 0.4% | -4.1% |
| Net Profit YoY | -27.9% | -78.1% |
| EPS (diluted) | $-0.10 | $1.05 |
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 | $143.3M | $199.5M | ||
| Q4 25 | $142.9M | $208.0M | ||
| Q3 25 | $139.2M | $216.4M | ||
| Q2 25 | $140.3M | $210.5M | ||
| Q1 25 | $142.7M | $217.9M | ||
| Q4 24 | $143.2M | $233.5M | ||
| Q3 24 | $139.3M | $227.0M | ||
| Q2 24 | $143.3M | $224.4M |
| Q1 26 | $-45.0M | $7.1M | ||
| Q4 25 | $-43.2M | $33.9M | ||
| Q3 25 | $-13.5M | $31.3M | ||
| Q2 25 | $-16.8M | $42.7M | ||
| Q1 25 | $-10.1M | $28.1M | ||
| Q4 24 | $-30.0M | $39.5M | ||
| Q3 24 | $-11.5M | $49.1M | ||
| Q2 24 | $-9.8M | $26.0M |
| Q1 26 | — | 7.7% | ||
| Q4 25 | — | 19.1% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 19.7% |
| Q1 26 | -31.4% | 3.6% | ||
| Q4 25 | -30.3% | 16.3% | ||
| Q3 25 | -9.7% | 14.5% | ||
| Q2 25 | -12.0% | 20.3% | ||
| Q1 25 | -7.1% | 12.9% | ||
| Q4 24 | -20.9% | 16.9% | ||
| Q3 24 | -8.3% | 21.6% | ||
| Q2 24 | -6.8% | 11.6% |
| Q1 26 | $-0.10 | $1.05 | ||
| Q4 25 | $-0.34 | $5.15 | ||
| Q3 25 | $-0.11 | $4.65 | ||
| Q2 25 | $-0.14 | $6.12 | ||
| Q1 25 | $-0.08 | $4.05 | ||
| Q4 24 | $-0.25 | $4.65 | ||
| Q3 24 | $-0.09 | $5.71 | ||
| Q2 24 | $-0.08 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3M | $136.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $93.6B |
| Total Assets | $4.0B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | $136.6M | ||
| Q4 25 | $731.0K | — | ||
| Q3 25 | $3.0M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $2.9M | — | ||
| Q4 24 | $109.6M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $138.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $390.0M | ||
| Q3 25 | $2.2B | $390.6M | ||
| Q2 25 | $2.2B | $231.3M | ||
| Q1 25 | $2.2B | $231.7M | ||
| Q4 24 | $2.2B | $232.1M | ||
| Q3 24 | $2.2B | $237.5M | ||
| Q2 24 | $2.2B | $247.6M |
| Q1 26 | $1.5B | $93.6B | ||
| Q4 25 | $1.5B | $934.0M | ||
| Q3 25 | $1.5B | $918.7M | ||
| Q2 25 | $1.5B | $896.4M | ||
| Q1 25 | $1.6B | $893.7M | ||
| Q4 24 | $1.6B | $897.5M | ||
| Q3 24 | $1.6B | $889.0M | ||
| Q2 24 | $1.7B | $868.7M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $4.3B | ||
| Q3 25 | $4.0B | $3.9B | ||
| Q2 25 | $4.0B | $3.7B | ||
| Q1 25 | $4.0B | $3.7B | ||
| Q4 24 | $4.1B | $4.0B | ||
| Q3 24 | $4.1B | $3.6B | ||
| Q2 24 | $4.2B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 0.42× | ||
| Q3 25 | 1.43× | 0.43× | ||
| Q2 25 | 1.41× | 0.26× | ||
| Q1 25 | 1.40× | 0.26× | ||
| Q4 24 | 1.40× | 0.26× | ||
| Q3 24 | 1.36× | 0.27× | ||
| Q2 24 | 1.34× | 0.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDM
Segment breakdown not available.
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
