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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
XPLR Infrastructure, LP is the larger business by last-quarter revenue ($249.0M vs $143.3M, roughly 1.7× Piedmont Realty Trust, Inc.). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs -31.4%, a 42.6% gap on every dollar of revenue. On growth, Piedmont Realty Trust, Inc. posted the faster year-over-year revenue change (0.4% vs -15.3%). Over the past eight quarters, Piedmont Realty Trust, Inc.'s revenue compounded faster (0.0% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
PDM vs XIFR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $249.0M |
| Net Profit | $-45.0M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | — | -19.3% |
| Net Margin | -31.4% | 11.2% |
| Revenue YoY | 0.4% | -15.3% |
| Net Profit YoY | -27.9% | 124.3% |
| EPS (diluted) | $-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 | $143.3M | — | ||
| Q4 25 | $142.9M | $249.0M | ||
| Q3 25 | $139.2M | $315.0M | ||
| Q2 25 | $140.3M | $342.0M | ||
| Q1 25 | $142.7M | $282.0M | ||
| Q4 24 | $143.2M | $294.0M | ||
| Q3 24 | $139.3M | $319.0M | ||
| Q2 24 | $143.3M | $360.0M |
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | $28.0M | ||
| Q3 25 | $-13.5M | $-37.0M | ||
| Q2 25 | $-16.8M | $79.0M | ||
| Q1 25 | $-10.1M | $-98.0M | ||
| Q4 24 | $-30.0M | $-115.0M | ||
| Q3 24 | $-11.5M | $-40.0M | ||
| Q2 24 | $-9.8M | $62.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -19.3% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 26.3% | ||
| Q1 25 | — | -82.6% | ||
| Q4 24 | — | -188.1% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | — | 18.3% |
| Q1 26 | -31.4% | — | ||
| Q4 25 | -30.3% | 11.2% | ||
| Q3 25 | -9.7% | -11.7% | ||
| Q2 25 | -12.0% | 23.1% | ||
| Q1 25 | -7.1% | -34.8% | ||
| Q4 24 | -20.9% | -39.1% | ||
| Q3 24 | -8.3% | -12.5% | ||
| Q2 24 | -6.8% | 17.2% |
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | — | ||
| Q3 25 | $-0.11 | $-0.40 | ||
| Q2 25 | $-0.14 | $0.84 | ||
| Q1 25 | $-0.08 | $-1.05 | ||
| Q4 24 | $-0.25 | — | ||
| Q3 24 | $-0.09 | $-0.43 | ||
| Q2 24 | $-0.08 | $0.66 |
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 | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $1.5B | $10.9B |
| Total Assets | $4.0B | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $960.0M | ||
| Q3 25 | $3.0M | $711.0M | ||
| Q2 25 | $3.3M | $880.0M | ||
| Q1 25 | $2.9M | $1.5B | ||
| Q4 24 | $109.6M | $283.0M | ||
| Q3 24 | $133.6M | $290.0M | ||
| Q2 24 | $138.5M | $281.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $6.2B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | $5.3B | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $10.9B | ||
| Q3 25 | $1.5B | $11.0B | ||
| Q2 25 | $1.5B | $11.3B | ||
| Q1 25 | $1.6B | $12.6B | ||
| Q4 24 | $1.6B | $12.9B | ||
| Q3 24 | $1.6B | $13.6B | ||
| Q2 24 | $1.7B | $13.9B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $19.6B | ||
| Q3 25 | $4.0B | $19.1B | ||
| Q2 25 | $4.0B | $20.5B | ||
| Q1 25 | $4.0B | $21.4B | ||
| Q4 24 | $4.1B | $20.3B | ||
| Q3 24 | $4.1B | $20.9B | ||
| Q2 24 | $4.2B | $21.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 0.57× | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.40× | — | ||
| Q4 24 | 1.40× | 0.41× | ||
| 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 | — | $186.0M |
| Free Cash FlowOCF − Capex | — | $-88.0M |
| FCF MarginFCF / Revenue | — | -35.3% |
| Capex IntensityCapex / Revenue | 110.3% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $186.0M | ||
| Q3 25 | $35.8M | $231.0M | ||
| Q2 25 | $50.1M | $232.0M | ||
| Q1 25 | $3.7M | $90.0M | ||
| Q4 24 | $198.1M | $283.0M | ||
| Q3 24 | $42.9M | $208.0M | ||
| Q2 24 | $66.8M | $231.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-88.0M | ||
| Q3 25 | — | $-283.0M | ||
| Q2 25 | — | $151.0M | ||
| Q1 25 | — | $1.0M | ||
| Q4 24 | — | $231.0M | ||
| Q3 24 | — | $152.0M | ||
| Q2 24 | — | $162.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -35.3% | ||
| Q3 25 | — | -89.8% | ||
| Q2 25 | — | 44.2% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 78.6% | ||
| Q3 24 | — | 47.6% | ||
| Q2 24 | — | 45.0% |
| Q1 26 | 110.3% | — | ||
| Q4 25 | — | 110.0% | ||
| Q3 25 | — | 163.2% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 31.6% | ||
| Q4 24 | — | 17.7% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 19.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDM
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
