vs

Side-by-side financial comparison of Twin Hospitality Group Inc. (TWNP) and Veris Residential, Inc. (VRE). Click either name above to swap in a different company.

Twin Hospitality Group Inc. is the larger business by last-quarter revenue ($82.3M vs $70.1M, roughly 1.2× Veris Residential, Inc.). Veris Residential, Inc. runs the higher net margin — -20.0% vs -29.7%, a 9.8% gap on every dollar of revenue.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

TWNP vs VRE — Head-to-Head

Bigger by revenue
TWNP
TWNP
1.2× larger
TWNP
$82.3M
$70.1M
VRE
Higher net margin
VRE
VRE
9.8% more per $
VRE
-20.0%
-29.7%
TWNP

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
TWNP
TWNP
VRE
VRE
Revenue
$82.3M
$70.1M
Net Profit
$-24.5M
$-14.0M
Gross Margin
95.9%
Operating Margin
-16.2%
-22.2%
Net Margin
-29.7%
-20.0%
Revenue YoY
3.5%
Net Profit YoY
-30.9%
EPS (diluted)
$-0.43
$-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
TWNP
TWNP
VRE
VRE
Q1 26
$70.1M
Q4 25
$71.3M
Q3 25
$82.3M
$73.4M
Q2 25
$87.8M
$75.9M
Q1 25
$87.1M
$67.8M
Q4 24
$68.1M
Q3 24
$68.2M
Q2 24
$67.5M
Net Profit
TWNP
TWNP
VRE
VRE
Q1 26
$-14.0M
Q4 25
$-203.0K
Q3 25
$-24.5M
$75.2M
Q2 25
$-20.8M
$10.9M
Q1 25
$-12.1M
$-10.7M
Q4 24
$-12.4M
Q3 24
$-9.7M
Q2 24
$2.9M
Gross Margin
TWNP
TWNP
VRE
VRE
Q1 26
95.9%
Q4 25
97.2%
Q3 25
96.8%
Q2 25
97.2%
Q1 25
95.9%
Q4 24
97.1%
Q3 24
96.9%
Q2 24
97.3%
Operating Margin
TWNP
TWNP
VRE
VRE
Q1 26
-22.2%
Q4 25
-0.9%
Q3 25
-16.2%
Q2 25
-13.2%
15.8%
Q1 25
-1.2%
-20.4%
Q4 24
-21.9%
Q3 24
-16.2%
Q2 24
2.2%
Net Margin
TWNP
TWNP
VRE
VRE
Q1 26
-20.0%
Q4 25
-0.3%
Q3 25
-29.7%
102.4%
Q2 25
-23.7%
14.4%
Q1 25
-13.9%
-15.8%
Q4 24
-18.3%
Q3 24
-14.2%
Q2 24
4.3%
EPS (diluted)
TWNP
TWNP
VRE
VRE
Q1 26
$-0.15
Q4 25
$0.00
Q3 25
$-0.43
$0.80
Q2 25
$-0.38
$0.12
Q1 25
$-0.26
$-0.12
Q4 24
$-0.14
Q3 24
$-0.10
Q2 24
$0.03

Balance Sheet & Financial Strength

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

Metric
TWNP
TWNP
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$9.4M
Total DebtLower is stronger
$402.8M
Stockholders' EquityBook value
$-92.1M
$1.1B
Total Assets
$516.8M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TWNP
TWNP
VRE
VRE
Q1 26
$9.4M
Q4 25
$14.1M
Q3 25
$8.8M
Q2 25
$11.4M
Q1 25
$7.6M
Q4 24
$7.3M
Q3 24
$12.8M
Q2 24
$18.4M
Total Debt
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
$1.4B
Q3 25
$402.8M
Q2 25
$411.3M
Q1 25
$413.0M
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
TWNP
TWNP
VRE
VRE
Q1 26
$1.1B
Q4 25
$1.2B
Q3 25
$-92.1M
$1.2B
Q2 25
$-78.6M
$1.1B
Q1 25
$-101.9M
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
TWNP
TWNP
VRE
VRE
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
$516.8M
$2.8B
Q2 25
$535.1M
$3.1B
Q1 25
$544.2M
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$3.0B
Debt / Equity
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
TWNP
TWNP
VRE
VRE
Operating Cash FlowLast quarter
$-5.9M
$14.0M
Free Cash FlowOCF − Capex
$-7.4M
FCF MarginFCF / Revenue
-9.0%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TWNP
TWNP
VRE
VRE
Q1 26
$14.0M
Q4 25
$76.0M
Q3 25
$-5.9M
$13.5M
Q2 25
$-8.8M
$23.8M
Q1 25
$-5.7M
$13.2M
Q4 24
$52.3M
Q3 24
$13.9M
Q2 24
$10.8M
Free Cash Flow
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
Q3 25
$-7.4M
Q2 25
$-10.6M
Q1 25
$-9.7M
Q4 24
Q3 24
Q2 24
FCF Margin
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
Q3 25
-9.0%
Q2 25
-12.1%
Q1 25
-11.2%
Q4 24
Q3 24
Q2 24
Capex Intensity
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
Q3 25
1.9%
Q2 25
2.1%
Q1 25
4.6%
Q4 24
Q3 24
Q2 24
Cash Conversion
TWNP
TWNP
VRE
VRE
Q1 26
Q4 25
Q3 25
0.18×
Q2 25
2.18×
Q1 25
Q4 24
Q3 24
Q2 24
3.71×

Financial Flow Comparison

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

Related Comparisons