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Side-by-side financial comparison of SUN COMMUNITIES INC (SUI) and Teads Holding Co. (TEAD). Click either name above to swap in a different company.

SUN COMMUNITIES INC is the larger business by last-quarter revenue ($697.2M vs $352.2M, roughly 2.0× Teads Holding Co.). SUN COMMUNITIES INC runs the higher net margin — 1.7% vs -121.6%, a 123.3% gap on every dollar of revenue. On growth, Teads Holding Co. posted the faster year-over-year revenue change (50.2% vs -25.8%). Over the past eight quarters, Teads Holding Co.'s revenue compounded faster (27.4% CAGR vs -2.1%).

Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities and recreational vehicle communities. As of June 2, 2025, the company owned interests in 500 such properties in the United States, Canada, and the UK..

Teads Holding Co. operates a leading global end-to-end digital video advertising platform. It partners with premium online publishers and brand advertisers to deliver tailored, engaging video ad experiences across desktop, mobile and connected TV devices, serving clients across North America, Europe, Asia-Pacific and Latin America, with focus on programmatic ad tech solutions for the digital marketing space.

SUI vs TEAD — Head-to-Head

Bigger by revenue
SUI
SUI
2.0× larger
SUI
$697.2M
$352.2M
TEAD
Growing faster (revenue YoY)
TEAD
TEAD
+76.0% gap
TEAD
50.2%
-25.8%
SUI
Higher net margin
SUI
SUI
123.3% more per $
SUI
1.7%
-121.6%
TEAD
Faster 2-yr revenue CAGR
TEAD
TEAD
Annualised
TEAD
27.4%
-2.1%
SUI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SUI
SUI
TEAD
TEAD
Revenue
$697.2M
$352.2M
Net Profit
$12.1M
$-428.2M
Gross Margin
34.2%
Operating Margin
-98.2%
Net Margin
1.7%
-121.6%
Revenue YoY
-25.8%
50.2%
Net Profit YoY
-96.0%
-256321.6%
EPS (diluted)
$0.07
$-4.63

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
SUI
SUI
TEAD
TEAD
Q4 25
$352.2M
Q3 25
$697.2M
$318.8M
Q2 25
$623.5M
$343.1M
Q1 25
$470.2M
$286.4M
Q4 24
$745.9M
$234.6M
Q3 24
$939.9M
$224.2M
Q2 24
$864.0M
$214.1M
Q1 24
$671.3M
$217.0M
Net Profit
SUI
SUI
TEAD
TEAD
Q4 25
$-428.2M
Q3 25
$12.1M
$-19.7M
Q2 25
$1.3B
$-14.3M
Q1 25
$-41.2M
$-54.8M
Q4 24
$-228.4M
$-167.0K
Q3 24
$300.5M
$6.7M
Q2 24
$56.7M
$-2.2M
Q1 24
$-25.2M
$-5.0M
Gross Margin
SUI
SUI
TEAD
TEAD
Q4 25
34.2%
Q3 25
33.2%
Q2 25
35.1%
Q1 25
28.9%
Q4 24
23.9%
Q3 24
21.8%
Q2 24
21.3%
Q1 24
19.2%
Operating Margin
SUI
SUI
TEAD
TEAD
Q4 25
-98.2%
Q3 25
-2.0%
Q2 25
-0.7%
Q1 25
-15.5%
Q4 24
1.1%
Q3 24
-1.3%
Q2 24
-2.6%
Q1 24
-3.0%
Net Margin
SUI
SUI
TEAD
TEAD
Q4 25
-121.6%
Q3 25
1.7%
-6.2%
Q2 25
210.8%
-4.2%
Q1 25
-8.8%
-19.2%
Q4 24
-30.6%
-0.1%
Q3 24
32.0%
3.0%
Q2 24
6.6%
-1.0%
Q1 24
-3.8%
-2.3%
EPS (diluted)
SUI
SUI
TEAD
TEAD
Q4 25
$-4.63
Q3 25
$0.07
$-0.21
Q2 25
$10.02
$-0.15
Q1 25
$-0.34
$-0.70
Q4 24
$-1.80
$0.02
Q3 24
$2.31
$0.01
Q2 24
$0.42
$-0.04
Q1 24
$-0.22
$-0.10

Balance Sheet & Financial Strength

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

Metric
SUI
SUI
TEAD
TEAD
Cash + ST InvestmentsLiquidity on hand
$542.7M
$138.7M
Total DebtLower is stronger
$605.1M
Stockholders' EquityBook value
$7.0B
$95.4M
Total Assets
$12.8B
$1.3B
Debt / EquityLower = less leverage
6.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SUI
SUI
TEAD
TEAD
Q4 25
$138.7M
Q3 25
$542.7M
$138.3M
Q2 25
$889.7M
$166.1M
Q1 25
$155.9M
Q4 24
$47.4M
$166.1M
Q3 24
$130.5M
Q2 24
$162.7M
Q1 24
$163.3M
Total Debt
SUI
SUI
TEAD
TEAD
Q4 25
$605.1M
Q3 25
$604.0M
Q2 25
$603.0M
Q1 25
$610.8M
Q4 24
$7.4B
$0
Q3 24
$0
Q2 24
$118.0M
Q1 24
$118.0M
Stockholders' Equity
SUI
SUI
TEAD
TEAD
Q4 25
$95.4M
Q3 25
$7.0B
$519.3M
Q2 25
$7.4B
$532.0M
Q1 25
$6.9B
$474.7M
Q4 24
$7.1B
$231.3M
Q3 24
$7.5B
$227.2M
Q2 24
$6.9B
$216.0M
Q1 24
$6.9B
$216.9M
Total Assets
SUI
SUI
TEAD
TEAD
Q4 25
$1.3B
Q3 25
$12.8B
$1.7B
Q2 25
$13.4B
$1.8B
Q1 25
$16.5B
$1.7B
Q4 24
$16.5B
$549.2M
Q3 24
$17.1B
$530.1M
Q2 24
$17.0B
$626.2M
Q1 24
$17.1B
$626.7M
Debt / Equity
SUI
SUI
TEAD
TEAD
Q4 25
6.34×
Q3 25
1.16×
Q2 25
1.13×
Q1 25
1.29×
Q4 24
1.04×
0.00×
Q3 24
0.00×
Q2 24
0.55×
Q1 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
SUI
SUI
TEAD
TEAD
Operating Cash FlowLast quarter
$197.8M
$7.3M
Free Cash FlowOCF − Capex
$6.5M
FCF MarginFCF / Revenue
1.8%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
16.35×
TTM Free Cash FlowTrailing 4 quarters
$2.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SUI
SUI
TEAD
TEAD
Q4 25
$7.3M
Q3 25
$197.8M
$-23.7M
Q2 25
$256.0M
$25.0M
Q1 25
$243.9M
$-966.0K
Q4 24
$118.0M
$42.7M
Q3 24
$189.2M
$13.7M
Q2 24
$311.3M
$3.6M
Q1 24
$242.5M
$8.6M
Free Cash Flow
SUI
SUI
TEAD
TEAD
Q4 25
$6.5M
Q3 25
$-24.5M
Q2 25
$23.9M
Q1 25
$-3.9M
Q4 24
$40.0M
Q3 24
$11.1M
Q2 24
$2.8M
Q1 24
$7.3M
FCF Margin
SUI
SUI
TEAD
TEAD
Q4 25
1.8%
Q3 25
-7.7%
Q2 25
7.0%
Q1 25
-1.4%
Q4 24
17.0%
Q3 24
5.0%
Q2 24
1.3%
Q1 24
3.4%
Capex Intensity
SUI
SUI
TEAD
TEAD
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.3%
Q1 25
1.0%
Q4 24
1.2%
Q3 24
1.1%
Q2 24
0.4%
Q1 24
0.6%
Cash Conversion
SUI
SUI
TEAD
TEAD
Q4 25
Q3 25
16.35×
Q2 25
0.19×
Q1 25
Q4 24
Q3 24
0.63×
2.04×
Q2 24
5.49×
Q1 24

Financial Flow Comparison

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

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