Compass Diversified HoldingsCODIEarnings & Financial Report
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
Revenue
$493.9M
Gross Profit
$190.6M
Operating Profit
$-18.6M
Net Profit
$-68.9M
Gross Margin
38.6%
Operating Margin
-3.8%
Net Margin
-13.9%
YoY Growth
9.4%
EPS
$-0.57
Compass Diversified Holdings Q4 FY2024 Financial Summary
Compass Diversified Holdings reported revenue of $493.9M (up 9.4% YoY) for Q4 FY2024, with a net profit of $-68.9M (down 193.5% YoY) (-13.9% margin). Cost of goods sold was $303.3M, operating expenses totaled $209.2M.
Key Financial Metrics
| Total Revenue | $493.9M |
|---|---|
| Net Profit | $-68.9M |
| Gross Margin | 38.6% |
| Operating Margin | -3.8% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Compass Diversified Holdings Q4 FY2024 revenue of $493.9M breaks down across 6 segments, led by Other at $164.8M (33.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $164.8M | 33.4% |
| A5.11Tactical | $114.0M | 23.1% |
| Sterno Products | $91.2M | 18.5% |
| Altor | $75.8M | 15.3% |
| Arnold | $29.4M | 5.9% |
| Velocity Outdoor | $18.8M | 3.8% |
Compass Diversified Holdings Revenue by Segment — Quarterly Trend
Compass Diversified Holdings revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and A5.11Tactical) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other | $119.5M | $91.4M | $86.3M | $129.9M |
| A5.11Tactical | $113.9M | $109.0M | $104.8M | $104.8M |
| Sterno Products | $85.9M | $70.3M | $74.4M | $62.9M |
| Altor | $60.8M | $75.8M | $78.2M | $70.6M |
| Arnold | $25.4M | $23.8M | $25.8M | — |
Compass Diversified Holdings Annual Revenue by Year
Compass Diversified Holdings annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.9B |
| 2024 | $1.8B |
| 2023 | $1.7B |
| 2022 | $1.8B |
Compass Diversified Holdings Quarterly Revenue & Net Profit History
Compass Diversified Holdings results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $468.6M | -5.1% | $-78.8M | -16.8% |
| Q3 FY2025 | $472.6M | +3.5% | $-74.0M | -15.7% |
| Q2 FY2025 | $478.7M | +12.2% | $-51.2M | -10.7% |
| Q1 FY2025 | $453.8M | +10.5% | $-30.0M | -6.6% |
| Q4 FY2024 | $493.9M | +9.4% | $-68.9M | -13.9% |
| Q3 FY2024 | $456.6M | +6.9% | $-36.0M | -7.9% |
| Q2 FY2024 | $426.7M | +5.2% | $-73.1M | -17.1% |
| Q1 FY2024 | $410.8M | +1.2% | $-56.2M | -13.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $410.8M | $426.7M | $456.6M | $493.9M | $453.8M | $478.7M | $472.6M | $468.6M |
| YoY Growth | 1.2% | 5.2% | 6.9% | 9.4% | 10.5% | 12.2% | 3.5% | -5.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.29B | $3.23B | $3.27B | $3.30B | $3.37B | $3.27B | $3.25B | $3.04B |
| Liabilities | $2.55B | $2.61B | $2.71B | $2.77B | $2.85B | $2.86B | $2.93B | $2.47B |
| Equity | $799.7M | $711.3M | $672.2M | $678.6M | $680.7M | $601.9M | $519.2M | $442.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-25.4M | $-61.3M | $-48.4M | $-16.1M | $-29.3M | $-35.2M | $10.7M | $47.0M |