vs

Side-by-side financial comparison of PETMED EXPRESS INC (PETS) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

PETMED EXPRESS INC is the larger business by last-quarter revenue ($40.7M vs $40.1M, roughly 1.0× Strawberry Fields REIT, Inc.). Strawberry Fields REIT, Inc. runs the higher net margin — 5.0% vs -26.0%, a 31.0% gap on every dollar of revenue. On growth, Strawberry Fields REIT, Inc. posted the faster year-over-year revenue change (31.5% vs -23.3%). Over the past eight quarters, Strawberry Fields REIT, Inc.'s revenue compounded faster (20.0% CAGR vs -20.9%).

PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

PETS vs STRW — Head-to-Head

Bigger by revenue
PETS
PETS
1.0× larger
PETS
$40.7M
$40.1M
STRW
Growing faster (revenue YoY)
STRW
STRW
+54.8% gap
STRW
31.5%
-23.3%
PETS
Higher net margin
STRW
STRW
31.0% more per $
STRW
5.0%
-26.0%
PETS
Faster 2-yr revenue CAGR
STRW
STRW
Annualised
STRW
20.0%
-20.9%
PETS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PETS
PETS
STRW
STRW
Revenue
$40.7M
$40.1M
Net Profit
$-10.6M
$2.0M
Gross Margin
23.3%
Operating Margin
-25.7%
52.4%
Net Margin
-26.0%
5.0%
Revenue YoY
-23.3%
31.5%
Net Profit YoY
-1392.6%
37.6%
EPS (diluted)
$-0.50
$0.15

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
PETS
PETS
STRW
STRW
Q4 25
$40.7M
$40.1M
Q3 25
$44.4M
$39.7M
Q2 25
$51.2M
$37.9M
Q1 25
$50.8M
$37.3M
Q4 24
$52.0M
$30.5M
Q3 24
$58.0M
$29.5M
Q2 24
$66.2M
$29.3M
Q1 24
$65.1M
$27.8M
Net Profit
PETS
PETS
STRW
STRW
Q4 25
$-10.6M
$2.0M
Q3 25
$-8.5M
$2.0M
Q2 25
$-34.2M
$2.0M
Q1 25
$-11.6M
$1.6M
Q4 24
$-707.0K
$1.5M
Q3 24
$2.3M
$944.0K
Q2 24
$3.8M
$938.0K
Q1 24
$-5.0M
$746.0K
Gross Margin
PETS
PETS
STRW
STRW
Q4 25
23.3%
Q3 25
28.0%
Q2 25
28.1%
Q1 25
29.9%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
28.8%
Q1 24
29.3%
Operating Margin
PETS
PETS
STRW
STRW
Q4 25
-25.7%
52.4%
Q3 25
-18.9%
56.6%
Q2 25
-66.7%
54.5%
Q1 25
-11.9%
54.1%
Q4 24
-0.9%
51.5%
Q3 24
1.0%
54.4%
Q2 24
6.6%
52.3%
Q1 24
-5.9%
51.3%
Net Margin
PETS
PETS
STRW
STRW
Q4 25
-26.0%
5.0%
Q3 25
-19.2%
5.1%
Q2 25
-66.7%
5.2%
Q1 25
-22.9%
4.2%
Q4 24
-1.4%
4.8%
Q3 24
4.0%
3.2%
Q2 24
5.7%
3.2%
Q1 24
-7.7%
2.7%
EPS (diluted)
PETS
PETS
STRW
STRW
Q4 25
$-0.50
$0.15
Q3 25
$-0.41
$0.16
Q2 25
$-1.65
$0.16
Q1 25
$-0.56
$0.13
Q4 24
$-0.03
$0.17
Q3 24
$0.11
$0.14
Q2 24
$0.18
$0.14
Q1 24
$-0.24
$0.12

Balance Sheet & Financial Strength

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

Metric
PETS
PETS
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$26.9M
$31.8M
Total DebtLower is stronger
$794.7M
Stockholders' EquityBook value
$32.8M
$12.1M
Total Assets
$88.0M
$885.2M
Debt / EquityLower = less leverage
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PETS
PETS
STRW
STRW
Q4 25
$26.9M
$31.8M
Q3 25
$36.1M
$19.8M
Q2 25
$41.1M
$96.3M
Q1 25
$54.7M
$42.3M
Q4 24
$50.1M
$48.4M
Q3 24
$52.0M
$29.3M
Q2 24
$46.0M
$16.1M
Q1 24
$55.3M
$15.1M
Total Debt
PETS
PETS
STRW
STRW
Q4 25
$794.7M
Q3 25
$779.4M
Q2 25
$794.1M
Q1 25
$715.5M
Q4 24
$673.9M
Q3 24
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
PETS
PETS
STRW
STRW
Q4 25
$32.8M
$12.1M
Q3 25
$43.1M
$14.2M
Q2 25
$51.5M
$15.5M
Q1 25
$85.1M
$19.6M
Q4 24
$96.2M
$18.2M
Q3 24
$96.4M
$12.6M
Q2 24
$93.5M
$7.4M
Q1 24
$96.7M
$7.5M
Total Assets
PETS
PETS
STRW
STRW
Q4 25
$88.0M
$885.2M
Q3 25
$100.3M
$880.6M
Q2 25
$109.8M
$897.3M
Q1 25
$148.7M
$834.8M
Q4 24
$144.8M
$787.6M
Q3 24
$146.0M
$661.5M
Q2 24
$152.7M
$635.9M
Q1 24
$169.9M
$634.9M
Debt / Equity
PETS
PETS
STRW
STRW
Q4 25
65.64×
Q3 25
54.70×
Q2 25
51.26×
Q1 25
36.47×
Q4 24
37.09×
Q3 24
46.34×
Q2 24
74.61×
Q1 24
74.81×

Cash Flow & Capital Efficiency

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

Metric
PETS
PETS
STRW
STRW
Operating Cash FlowLast quarter
$-9.2M
$90.0M
Free Cash FlowOCF − Capex
$-9.2M
FCF MarginFCF / Revenue
-22.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
44.62×
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PETS
PETS
STRW
STRW
Q4 25
$-9.2M
$90.0M
Q3 25
$-2.2M
$20.7M
Q2 25
$-12.3M
$29.8M
Q1 25
$7.0M
$19.0M
Q4 24
$-1.2M
$59.3M
Q3 24
$7.4M
$11.8M
Q2 24
$-8.5M
$20.6M
Q1 24
$7.1M
$2.1M
Free Cash Flow
PETS
PETS
STRW
STRW
Q4 25
$-9.2M
Q3 25
$-4.8M
Q2 25
$-13.6M
Q1 25
$4.6M
Q4 24
$-1.9M
Q3 24
$6.1M
Q2 24
$-9.2M
Q1 24
$5.9M
FCF Margin
PETS
PETS
STRW
STRW
Q4 25
-22.7%
Q3 25
-10.8%
Q2 25
-26.5%
Q1 25
9.1%
Q4 24
-3.7%
Q3 24
10.6%
Q2 24
-13.9%
Q1 24
9.0%
Capex Intensity
PETS
PETS
STRW
STRW
Q4 25
0.1%
Q3 25
5.9%
Q2 25
2.5%
Q1 25
4.7%
Q4 24
1.5%
Q3 24
2.2%
Q2 24
1.0%
Q1 24
1.9%
Cash Conversion
PETS
PETS
STRW
STRW
Q4 25
44.62×
Q3 25
10.26×
Q2 25
15.24×
Q1 25
11.97×
Q4 24
40.44×
Q3 24
3.18×
12.53×
Q2 24
-2.27×
21.93×
Q1 24
2.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PETS
PETS

Reorder$34.0M84%
New Order$5.0M12%
Membership Fees$1.6M4%

STRW
STRW

Segment breakdown not available.

Related Comparisons