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Side-by-side financial comparison of P10, Inc. (PX) and Urban Edge Properties (UE). Click either name above to swap in a different company.

Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $81.0M, roughly 1.6× P10, Inc.). Urban Edge Properties runs the higher net margin — 17.1% vs 11.7%, a 5.4% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -4.7%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% CAGR vs 10.7%).

P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

PX vs UE — Head-to-Head

Bigger by revenue
UE
UE
1.6× larger
UE
$132.6M
$81.0M
PX
Growing faster (revenue YoY)
UE
UE
+16.9% gap
UE
12.2%
-4.7%
PX
Higher net margin
UE
UE
5.4% more per $
UE
17.1%
11.7%
PX
Faster 2-yr revenue CAGR
UE
UE
Annualised
UE
11.6%
10.7%
PX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PX
PX
UE
UE
Revenue
$81.0M
$132.6M
Net Profit
$9.5M
$22.6M
Gross Margin
Operating Margin
31.9%
Net Margin
11.7%
17.1%
Revenue YoY
-4.7%
12.2%
Net Profit YoY
79.0%
-6.7%
EPS (diluted)
$0.08
$0.18

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
PX
PX
UE
UE
Q1 26
$132.6M
Q4 25
$81.0M
$119.6M
Q3 25
$75.9M
$120.1M
Q2 25
$72.7M
$114.1M
Q1 25
$67.7M
$118.2M
Q4 24
$85.0M
$116.4M
Q3 24
$74.2M
$112.4M
Q2 24
$71.1M
$106.5M
Net Profit
PX
PX
UE
UE
Q1 26
$22.6M
Q4 25
$9.5M
$12.4M
Q3 25
$2.1M
$14.9M
Q2 25
$3.4M
$58.0M
Q1 25
$4.5M
$8.2M
Q4 24
$5.3M
$30.1M
Q3 24
$1.4M
$9.1M
Q2 24
$7.0M
$30.8M
Operating Margin
PX
PX
UE
UE
Q1 26
Q4 25
31.9%
11.3%
Q3 25
14.1%
13.4%
Q2 25
24.4%
53.9%
Q1 25
16.6%
7.6%
Q4 24
26.9%
27.6%
Q3 24
11.9%
8.9%
Q2 24
23.7%
30.6%
Net Margin
PX
PX
UE
UE
Q1 26
17.1%
Q4 25
11.7%
10.4%
Q3 25
2.8%
12.4%
Q2 25
4.7%
50.8%
Q1 25
6.7%
6.9%
Q4 24
6.2%
25.9%
Q3 24
1.9%
8.1%
Q2 24
9.8%
28.9%
EPS (diluted)
PX
PX
UE
UE
Q1 26
$0.18
Q4 25
$0.08
$0.09
Q3 25
$0.02
$0.12
Q2 25
$0.03
$0.46
Q1 25
$0.04
$0.07
Q4 24
$0.05
$0.25
Q3 24
$0.01
$0.07
Q2 24
$0.06
$0.26

Balance Sheet & Financial Strength

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

Metric
PX
PX
UE
UE
Cash + ST InvestmentsLiquidity on hand
$28.2M
$50.0M
Total DebtLower is stronger
$373.2M
Stockholders' EquityBook value
$403.5M
$1.4B
Total Assets
$928.3M
$3.4B
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PX
PX
UE
UE
Q1 26
$50.0M
Q4 25
$28.2M
$48.9M
Q3 25
$40.0M
$77.8M
Q2 25
$33.4M
$53.0M
Q1 25
$74.4M
$48.0M
Q4 24
$67.5M
$41.4M
Q3 24
$61.5M
$67.9M
Q2 24
$31.2M
$78.6M
Total Debt
PX
PX
UE
UE
Q1 26
Q4 25
$373.2M
Q3 25
$393.4M
Q2 25
$373.0M
Q1 25
$357.2M
Q4 24
$319.8M
Q3 24
$319.4M
Q2 24
$300.6M
Stockholders' Equity
PX
PX
UE
UE
Q1 26
$1.4B
Q4 25
$403.5M
$1.4B
Q3 25
$396.8M
$1.4B
Q2 25
$388.9M
$1.4B
Q1 25
$374.3M
$1.4B
Q4 24
$386.9M
$1.4B
Q3 24
$394.1M
$1.3B
Q2 24
$396.9M
$1.3B
Total Assets
PX
PX
UE
UE
Q1 26
$3.4B
Q4 25
$928.3M
$3.3B
Q3 25
$936.0M
$3.3B
Q2 25
$932.2M
$3.3B
Q1 25
$877.4M
$3.3B
Q4 24
$869.3M
$3.3B
Q3 24
$857.0M
$3.2B
Q2 24
$823.2M
$3.2B
Debt / Equity
PX
PX
UE
UE
Q1 26
Q4 25
0.93×
Q3 25
0.99×
Q2 25
0.96×
Q1 25
0.95×
Q4 24
0.83×
Q3 24
0.81×
Q2 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
PX
PX
UE
UE
Operating Cash FlowLast quarter
$23.0M
$39.1M
Free Cash FlowOCF − Capex
$18.1M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
6.0%
1.5%
Cash ConversionOCF / Net Profit
2.43×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PX
PX
UE
UE
Q1 26
$39.1M
Q4 25
$23.0M
$182.7M
Q3 25
$-8.6M
$55.7M
Q2 25
$13.4M
$43.5M
Q1 25
$-4.7M
$32.6M
Q4 24
$101.0M
$153.2M
Q3 24
$27.5M
$36.6M
Q2 24
$34.8M
$41.2M
Free Cash Flow
PX
PX
UE
UE
Q1 26
Q4 25
$18.1M
$81.8M
Q3 25
$-9.5M
$26.1M
Q2 25
$11.6M
$19.6M
Q1 25
$-6.0M
$11.9M
Q4 24
$96.6M
$42.5M
Q3 24
$25.2M
$12.2M
Q2 24
$33.9M
$19.9M
FCF Margin
PX
PX
UE
UE
Q1 26
Q4 25
22.3%
68.4%
Q3 25
-12.6%
21.7%
Q2 25
15.9%
17.2%
Q1 25
-8.9%
10.0%
Q4 24
113.6%
36.6%
Q3 24
34.0%
10.8%
Q2 24
47.7%
18.6%
Capex Intensity
PX
PX
UE
UE
Q1 26
1.5%
Q4 25
6.0%
84.4%
Q3 25
1.2%
24.6%
Q2 25
2.5%
20.9%
Q1 25
1.9%
17.5%
Q4 24
5.2%
95.1%
Q3 24
3.0%
21.7%
Q2 24
1.3%
20.1%
Cash Conversion
PX
PX
UE
UE
Q1 26
1.73×
Q4 25
2.43×
14.71×
Q3 25
-4.01×
3.73×
Q2 25
3.96×
0.75×
Q1 25
-1.05×
3.97×
Q4 24
19.12×
5.09×
Q3 24
19.54×
4.03×
Q2 24
4.98×
1.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PX
PX

Management Fees$78.1M96%
Advisory Fees$1.8M2%

UE
UE

Rental revenue$124.2M94%
Other$8.4M6%

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