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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Xometry, Inc. is the larger business by last-quarter revenue ($192.4M vs $143.3M, roughly 1.3× Piedmont Realty Trust, Inc.). Xometry, Inc. runs the higher net margin — -4.5% vs -31.4%, a 26.9% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 0.4%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% 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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
PDM vs XMTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $192.4M |
| Net Profit | $-45.0M | $-8.6M |
| Gross Margin | — | 39.1% |
| Operating Margin | — | -4.6% |
| Net Margin | -31.4% | -4.5% |
| Revenue YoY | 0.4% | 29.5% |
| Net Profit YoY | -27.9% | 12.7% |
| 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 | $192.4M | ||
| Q3 25 | $139.2M | $180.7M | ||
| Q2 25 | $140.3M | $162.5M | ||
| Q1 25 | $142.7M | $151.0M | ||
| Q4 24 | $143.2M | $148.5M | ||
| Q3 24 | $139.3M | $141.7M | ||
| Q2 24 | $143.3M | $132.6M |
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | $-8.6M | ||
| Q3 25 | $-13.5M | $-11.6M | ||
| Q2 25 | $-16.8M | $-26.4M | ||
| Q1 25 | $-10.1M | $-15.1M | ||
| Q4 24 | $-30.0M | $-9.9M | ||
| Q3 24 | $-11.5M | $-10.2M | ||
| Q2 24 | $-9.8M | $-13.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 39.1% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 40.1% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | — | 39.4% | ||
| Q2 24 | — | 39.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | -4.6% | ||
| Q3 25 | — | -6.1% | ||
| Q2 25 | — | -6.3% | ||
| Q1 25 | — | -10.2% | ||
| Q4 24 | — | -7.8% | ||
| Q3 24 | — | -8.1% | ||
| Q2 24 | — | -11.5% |
| Q1 26 | -31.4% | — | ||
| Q4 25 | -30.3% | -4.5% | ||
| Q3 25 | -9.7% | -6.4% | ||
| Q2 25 | -12.0% | -16.3% | ||
| Q1 25 | -7.1% | -10.0% | ||
| Q4 24 | -20.9% | -6.7% | ||
| Q3 24 | -8.3% | -7.2% | ||
| Q2 24 | -6.8% | -10.3% |
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | — | ||
| Q3 25 | $-0.11 | — | ||
| Q2 25 | $-0.14 | — | ||
| Q1 25 | $-0.08 | — | ||
| Q4 24 | $-0.25 | — | ||
| Q3 24 | $-0.09 | — | ||
| Q2 24 | $-0.08 | — |
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 | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $275.6M |
| Total Assets | $4.0B | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $219.1M | ||
| Q3 25 | $3.0M | $224.5M | ||
| Q2 25 | $3.3M | $225.8M | ||
| Q1 25 | $2.9M | $231.4M | ||
| Q4 24 | $109.6M | $239.8M | ||
| Q3 24 | $133.6M | $234.0M | ||
| Q2 24 | $138.5M | $240.9M |
| 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 | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $275.6M | ||
| Q3 25 | $1.5B | $272.0M | ||
| Q2 25 | $1.5B | $270.4M | ||
| Q1 25 | $1.6B | $309.9M | ||
| Q4 24 | $1.6B | $314.5M | ||
| Q3 24 | $1.6B | $315.2M | ||
| Q2 24 | $1.7B | $315.8M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $703.7M | ||
| Q3 25 | $4.0B | $698.9M | ||
| Q2 25 | $4.0B | $687.0M | ||
| Q1 25 | $4.0B | $690.1M | ||
| Q4 24 | $4.1B | $680.1M | ||
| Q3 24 | $4.1B | $678.2M | ||
| Q2 24 | $4.2B | $678.6M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | 110.3% | 5.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $4.4M | ||
| Q3 25 | $35.8M | $5.8M | ||
| Q2 25 | $50.1M | $-427.0K | ||
| Q1 25 | $3.7M | $-3.7M | ||
| Q4 24 | $198.1M | $9.1M | ||
| Q3 24 | $42.9M | $-3.6M | ||
| Q2 24 | $66.8M | $-9.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-5.9M | ||
| Q3 25 | — | $-1.7M | ||
| Q2 25 | — | $-7.4M | ||
| Q1 25 | — | $-9.2M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $-8.4M | ||
| Q2 24 | — | $-13.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | -3.0% | ||
| Q3 25 | — | -0.9% | ||
| Q2 25 | — | -4.5% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | -6.0% | ||
| Q2 24 | — | -10.2% |
| Q1 26 | 110.3% | — | ||
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 3.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDM
Segment breakdown not available.
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
