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Side-by-side financial comparison of POWER SOLUTIONS INTERNATIONAL, INC. (PSIX) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.
POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $137.5M, roughly 1.4× Terreno Realty Corp). Terreno Realty Corp runs the higher net margin — 115.1% vs 8.4%, a 106.7% gap on every dollar of revenue. On growth, Terreno Realty Corp posted the faster year-over-year revenue change (32.6% vs 32.5%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs 27.2%).
Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.
Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.
PSIX vs TRNO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $191.2M | $137.5M |
| Net Profit | $16.1M | $158.2M |
| Gross Margin | 21.9% | — |
| Operating Margin | 12.7% | — |
| Net Margin | 8.4% | 115.1% |
| Revenue YoY | 32.5% | 32.6% |
| Net Profit YoY | -31.0% | 107.9% |
| EPS (diluted) | $0.69 | $1.54 |
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.
| Q4 25 | $191.2M | $137.5M | ||
| Q3 25 | $203.8M | $116.2M | ||
| Q2 25 | $191.9M | $112.2M | ||
| Q1 25 | $135.4M | $110.4M | ||
| Q4 24 | $144.3M | $103.7M | ||
| Q3 24 | $125.8M | $99.6M | ||
| Q2 24 | $110.6M | $94.2M | ||
| Q1 24 | $95.2M | $85.0M |
| Q4 25 | $16.1M | $158.2M | ||
| Q3 25 | $27.6M | $103.4M | ||
| Q2 25 | $51.2M | $93.3M | ||
| Q1 25 | $19.1M | $48.1M | ||
| Q4 24 | $23.3M | $76.1M | ||
| Q3 24 | $17.3M | $36.6M | ||
| Q2 24 | $21.5M | $35.7M | ||
| Q1 24 | $7.1M | $36.1M |
| Q4 25 | 21.9% | — | ||
| Q3 25 | 23.9% | — | ||
| Q2 25 | 28.2% | — | ||
| Q1 25 | 29.7% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 31.8% | — | ||
| Q1 24 | 27.0% | — |
| Q4 25 | 12.7% | — | ||
| Q3 25 | 13.9% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 18.2% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 16.3% | — | ||
| Q2 24 | 22.9% | — | ||
| Q1 24 | 11.2% | — |
| Q4 25 | 8.4% | 115.1% | ||
| Q3 25 | 13.5% | 88.9% | ||
| Q2 25 | 26.7% | 83.1% | ||
| Q1 25 | 14.1% | 43.6% | ||
| Q4 24 | 16.1% | 73.4% | ||
| Q3 24 | 13.8% | 36.8% | ||
| Q2 24 | 19.5% | 37.9% | ||
| Q1 24 | 7.5% | 42.4% |
| Q4 25 | $0.69 | $1.54 | ||
| Q3 25 | $1.20 | $1.00 | ||
| Q2 25 | $2.22 | $0.90 | ||
| Q1 25 | $0.83 | $0.47 | ||
| Q4 24 | $1.01 | $0.78 | ||
| Q3 24 | $0.75 | $0.37 | ||
| Q2 24 | $0.94 | $0.37 | ||
| Q1 24 | $0.31 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $25.0M |
| Total DebtLower is stronger | $96.6M | $943.3M |
| Stockholders' EquityBook value | $178.6M | $4.1B |
| Total Assets | $424.7M | $5.4B |
| Debt / EquityLower = less leverage | 0.54× | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.3M | $25.0M | ||
| Q3 25 | $49.0M | $26.2M | ||
| Q2 25 | $49.5M | $128.4M | ||
| Q1 25 | $50.0M | $156.5M | ||
| Q4 24 | $55.3M | $18.1M | ||
| Q3 24 | $40.5M | $243.7M | ||
| Q2 24 | $28.8M | $182.0M | ||
| Q1 24 | $33.1M | $649.6M |
| Q4 25 | $96.6M | $943.3M | ||
| Q3 25 | $96.7M | $1.0B | ||
| Q2 25 | $1.8M | $742.4M | ||
| Q1 25 | $1.0M | $741.9M | ||
| Q4 24 | $184.0K | $823.4M | ||
| Q3 24 | $238.0K | $672.2M | ||
| Q2 24 | $292.0K | $772.0M | ||
| Q1 24 | $345.0K | $771.8M |
| Q4 25 | $178.6M | $4.1B | ||
| Q3 25 | $162.5M | $4.0B | ||
| Q2 25 | $135.7M | $3.9B | ||
| Q1 25 | $84.3M | $3.9B | ||
| Q4 24 | $65.3M | $3.7B | ||
| Q3 24 | $42.1M | $3.6B | ||
| Q2 24 | $24.8M | $3.4B | ||
| Q1 24 | $3.2M | $3.4B |
| Q4 25 | $424.7M | $5.4B | ||
| Q3 25 | $458.9M | $5.3B | ||
| Q2 25 | $437.7M | $5.0B | ||
| Q1 25 | $372.7M | $4.9B | ||
| Q4 24 | $328.2M | $4.8B | ||
| Q3 24 | $339.1M | $4.6B | ||
| Q2 24 | $307.6M | $4.5B | ||
| Q1 24 | $286.8M | $4.4B |
| Q4 25 | 0.54× | 0.23× | ||
| Q3 25 | 0.60× | 0.26× | ||
| Q2 25 | 0.01× | 0.19× | ||
| Q1 25 | 0.01× | 0.19× | ||
| Q4 24 | 0.00× | 0.22× | ||
| Q3 24 | 0.01× | 0.19× | ||
| Q2 24 | 0.01× | 0.22× | ||
| Q1 24 | 0.11× | 0.22× |
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 | $-4.6M | $271.9M |
| Free Cash FlowOCF − Capex | $-7.6M | — |
| FCF MarginFCF / Revenue | -4.0% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | -0.29× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $14.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.6M | $271.9M | ||
| Q3 25 | $3.3M | $79.5M | ||
| Q2 25 | $16.7M | $60.6M | ||
| Q1 25 | $8.8M | $61.4M | ||
| Q4 24 | $32.7M | $232.7M | ||
| Q3 24 | $12.6M | $70.0M | ||
| Q2 24 | $1.5M | $64.3M | ||
| Q1 24 | $15.6M | $47.0M |
| Q4 25 | $-7.6M | — | ||
| Q3 25 | $1.7M | — | ||
| Q2 25 | $14.6M | — | ||
| Q1 25 | $5.4M | — | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $12.1M | — | ||
| Q2 24 | $822.0K | — | ||
| Q1 24 | $14.8M | — |
| Q4 25 | -4.0% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 7.6% | — | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 9.7% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 15.6% | — |
| Q4 25 | 1.6% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | -0.29× | 1.72× | ||
| Q3 25 | 0.12× | 0.77× | ||
| Q2 25 | 0.33× | 0.65× | ||
| Q1 25 | 0.46× | 1.28× | ||
| Q4 24 | 1.40× | 3.06× | ||
| Q3 24 | 0.73× | 1.91× | ||
| Q2 24 | 0.07× | 1.80× | ||
| Q1 24 | 2.20× | 1.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
TRNO
| Disposal Group Disposed Of By Sale Not Discontinued Operations | $109.5M | 80% |
| Other | $23.8M | 17% |
| At Market Equity Offering Program500Million | $4.1M | 3% |
