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Side-by-side financial comparison of PERMA FIX ENVIRONMENTAL SERVICES INC (PESI) and REDWOOD TRUST INC (RWT). Click either name above to swap in a different company.

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $15.7M, roughly 1.6× PERMA FIX ENVIRONMENTAL SERVICES INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -36.0%, a 113.2% gap on every dollar of revenue. On growth, PERMA FIX ENVIRONMENTAL SERVICES INC posted the faster year-over-year revenue change (6.9% vs -6.1%). Over the past eight quarters, PERMA FIX ENVIRONMENTAL SERVICES INC's revenue compounded faster (7.4% CAGR vs -41.0%).

Perma-Fix Environmental Services Inc provides end-to-end environmental and waste management solutions, specializing in the treatment, processing, and disposal of hazardous, radioactive, and mixed waste streams. It serves U.S. federal government agencies, nuclear facility operators, and industrial clients across the energy, manufacturing, and defense segments.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

PESI vs RWT — Head-to-Head

Bigger by revenue
RWT
RWT
1.6× larger
RWT
$25.9M
$15.7M
PESI
Growing faster (revenue YoY)
PESI
PESI
+13.0% gap
PESI
6.9%
-6.1%
RWT
Higher net margin
RWT
RWT
113.2% more per $
RWT
77.2%
-36.0%
PESI
Faster 2-yr revenue CAGR
PESI
PESI
Annualised
PESI
7.4%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PESI
PESI
RWT
RWT
Revenue
$15.7M
$25.9M
Net Profit
$-5.7M
$20.0M
Gross Margin
7.7%
Operating Margin
-20.6%
Net Margin
-36.0%
77.2%
Revenue YoY
6.9%
-6.1%
Net Profit YoY
-62.2%
402.6%
EPS (diluted)
$-0.31
$0.11

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
PESI
PESI
RWT
RWT
Q4 25
$15.7M
$25.9M
Q3 25
$17.5M
$15.0M
Q2 25
$14.6M
$13.8M
Q1 25
$13.9M
$27.9M
Q4 24
$14.7M
$27.6M
Q3 24
$16.8M
$25.5M
Q2 24
$14.0M
$67.4M
Q1 24
$13.6M
$74.5M
Net Profit
PESI
PESI
RWT
RWT
Q4 25
$-5.7M
$20.0M
Q3 25
$-1.8M
$-7.7M
Q2 25
$-2.7M
$-98.5M
Q1 25
$-3.6M
$16.1M
Q4 24
$-3.5M
$-6.6M
Q3 24
$-9.0M
$14.8M
Q2 24
$-4.0M
$15.5M
Q1 24
$-3.6M
$30.3M
Gross Margin
PESI
PESI
RWT
RWT
Q4 25
7.7%
Q3 25
14.6%
Q2 25
10.6%
Q1 25
4.7%
Q4 24
4.0%
Q3 24
7.9%
Q2 24
-9.3%
Q1 24
-4.6%
Operating Margin
PESI
PESI
RWT
RWT
Q4 25
-20.6%
Q3 25
-10.7%
-9.0%
Q2 25
-19.8%
-679.0%
Q1 25
-26.8%
80.2%
Q4 24
-24.4%
-1.3%
Q3 24
-15.5%
86.1%
Q2 24
-36.0%
30.3%
Q1 24
-32.8%
41.3%
Net Margin
PESI
PESI
RWT
RWT
Q4 25
-36.0%
77.2%
Q3 25
-10.5%
-51.4%
Q2 25
-18.6%
-712.0%
Q1 25
-25.7%
57.8%
Q4 24
-23.7%
-24.0%
Q3 24
-53.4%
58.1%
Q2 24
-28.2%
23.0%
Q1 24
-26.1%
40.6%
EPS (diluted)
PESI
PESI
RWT
RWT
Q4 25
$-0.31
$0.11
Q3 25
$-0.10
$-0.08
Q2 25
$-0.15
$-0.76
Q1 25
$-0.19
$0.10
Q4 24
$-0.23
$-0.08
Q3 24
$-0.57
$0.09
Q2 24
$-0.27
$0.10
Q1 24
$-0.26
$0.21

Balance Sheet & Financial Strength

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

Metric
PESI
PESI
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$255.7M
Total DebtLower is stronger
$1.9M
Stockholders' EquityBook value
$50.1M
$982.6M
Total Assets
$88.0M
$23.7B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PESI
PESI
RWT
RWT
Q4 25
$255.7M
Q3 25
$226.3M
Q2 25
$302.0M
Q1 25
$259.9M
Q4 24
$245.2M
Q3 24
$253.7M
Q2 24
$275.6M
Q1 24
$275.4M
Total Debt
PESI
PESI
RWT
RWT
Q4 25
$1.9M
Q3 25
$1.9M
Q2 25
$2.0M
Q1 25
$2.2M
Q4 24
$2.3M
Q3 24
$2.5M
Q2 24
$2.2M
Q1 24
$2.5M
$1.7B
Stockholders' Equity
PESI
PESI
RWT
RWT
Q4 25
$50.1M
$982.6M
Q3 25
$55.4M
$999.0M
Q2 25
$56.8M
$1.1B
Q1 25
$59.2M
$1.2B
Q4 24
$62.4M
$1.2B
Q3 24
$42.4M
$1.2B
Q2 24
$51.0M
$1.2B
Q1 24
$36.2M
$1.2B
Total Assets
PESI
PESI
RWT
RWT
Q4 25
$88.0M
$23.7B
Q3 25
$91.2M
$22.6B
Q2 25
$90.2M
$21.3B
Q1 25
$92.9M
$19.9B
Q4 24
$97.2M
$18.3B
Q3 24
$78.2M
$18.4B
Q2 24
$87.0M
$16.5B
Q1 24
$74.0M
$15.1B
Debt / Equity
PESI
PESI
RWT
RWT
Q4 25
0.04×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.06×
Q2 24
0.04×
Q1 24
0.07×
1.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PESI
PESI
RWT
RWT
Operating Cash FlowLast quarter
$-2.1M
$-10.1B
Free Cash FlowOCF − Capex
$-4.2M
FCF MarginFCF / Revenue
-26.9%
Capex IntensityCapex / Revenue
13.4%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$-15.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PESI
PESI
RWT
RWT
Q4 25
$-2.1M
$-10.1B
Q3 25
$-4.6M
$-2.7B
Q2 25
$-1.9M
$-2.1B
Q1 25
$-2.1M
$-2.0B
Q4 24
$-3.3M
$-5.9B
Q3 24
$-5.6M
$-2.1B
Q2 24
$-1.3M
$-2.0B
Q1 24
$-4.5M
$-954.2M
Free Cash Flow
PESI
PESI
RWT
RWT
Q4 25
$-4.2M
Q3 25
$-5.8M
Q2 25
$-2.8M
Q1 25
$-2.6M
Q4 24
$-4.5M
Q3 24
$-7.0M
Q2 24
$-1.9M
Q1 24
$-4.8M
FCF Margin
PESI
PESI
RWT
RWT
Q4 25
-26.9%
Q3 25
-33.3%
Q2 25
-19.2%
Q1 25
-18.9%
Q4 24
-30.5%
Q3 24
-41.7%
Q2 24
-13.5%
Q1 24
-35.0%
Capex Intensity
PESI
PESI
RWT
RWT
Q4 25
13.4%
Q3 25
6.7%
Q2 25
6.2%
Q1 25
3.8%
Q4 24
8.0%
Q3 24
8.2%
Q2 24
4.3%
Q1 24
1.8%
Cash Conversion
PESI
PESI
RWT
RWT
Q4 25
-504.15×
Q3 25
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
-31.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PESI
PESI

Fixed Price$11.4M73%
Services$4.3M27%

RWT
RWT

Segment breakdown not available.

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