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Side-by-side financial comparison of Ares Commercial Real Estate Corp (ACRE) and Dogness (International) Corp (DOGZ). Click either name above to swap in a different company.

Ares Commercial Real Estate Corp is the larger business by last-quarter revenue ($13.2M vs $7.7M, roughly 1.7× Dogness (International) Corp). Ares Commercial Real Estate Corp runs the higher net margin — -29.2% vs -67.1%, a 37.9% gap on every dollar of revenue.

Ares Commercial Real Estate Corp is a specialty finance company focused on the commercial real estate sector. It offers a full suite of customized financing solutions including senior mortgage loans, subordinated debt and preferred equity, primarily serving middle-market commercial property owners and operators across the United States.

Dogness (International) Corp is a pet product manufacturer focused on designing, producing and selling a broad portfolio of pet care goods, including smart pet feeders, automatic waterers, leashes, collars and grooming tools. Its core markets cover North America, Europe and China, serving both retail consumers and B2B partners in the global pet industry.

ACRE vs DOGZ — Head-to-Head

Bigger by revenue
ACRE
ACRE
1.7× larger
ACRE
$13.2M
$7.7M
DOGZ
Higher net margin
ACRE
ACRE
37.9% more per $
ACRE
-29.2%
-67.1%
DOGZ

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ACRE
ACRE
DOGZ
DOGZ
Revenue
$13.2M
$7.7M
Net Profit
$-3.9M
$-5.2M
Gross Margin
11.2%
Operating Margin
-29.2%
-70.8%
Net Margin
-29.2%
-67.1%
Revenue YoY
-24.5%
Net Profit YoY
63.8%
EPS (diluted)
$-0.29

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
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$13.2M
$7.7M
Q3 25
$14.1M
Q2 25
$12.6M
$6.7M
Q1 25
$14.9M
Q4 24
$17.5M
Q3 24
$16.7M
Q2 24
$16.8M
Q1 24
$18.7M
Net Profit
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$-3.9M
$-5.2M
Q3 25
$4.7M
Q2 25
$-11.0M
$-3.2M
Q1 25
$9.3M
Q4 24
$-10.7M
Q3 24
$-5.9M
Q2 24
$-6.1M
Q1 24
$-12.3M
Gross Margin
ACRE
ACRE
DOGZ
DOGZ
Q4 25
11.2%
Q3 25
Q2 25
19.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ACRE
ACRE
DOGZ
DOGZ
Q4 25
-29.2%
-70.8%
Q3 25
33.0%
Q2 25
-87.8%
-53.6%
Q1 25
64.4%
Q4 24
-61.0%
Q3 24
-35.3%
Q2 24
-36.5%
Q1 24
-65.9%
Net Margin
ACRE
ACRE
DOGZ
DOGZ
Q4 25
-29.2%
-67.1%
Q3 25
33.0%
Q2 25
-87.8%
-47.9%
Q1 25
62.5%
Q4 24
-60.9%
Q3 24
-35.3%
Q2 24
-36.5%
Q1 24
-65.9%
EPS (diluted)
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$-0.29
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
ACRE
ACRE
DOGZ
DOGZ
Cash + ST InvestmentsLiquidity on hand
$29.3M
$6.6M
Total DebtLower is stronger
$948.2M
Stockholders' EquityBook value
$509.6M
$95.1M
Total Assets
$1.6B
$114.5M
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$29.3M
$6.6M
Q3 25
$84.9M
Q2 25
$90.0M
$12.8M
Q1 25
$125.5M
Q4 24
$63.8M
Q3 24
$68.9M
Q2 24
$70.6M
Q1 24
$99.5M
Total Debt
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$948.2M
Q3 25
Q2 25
Q1 25
Q4 24
$718.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$509.6M
$95.1M
Q3 25
$521.0M
Q2 25
$523.7M
$97.8M
Q1 25
$542.1M
Q4 24
$540.1M
Q3 24
$563.8M
Q2 24
$582.3M
Q1 24
$601.1M
Total Assets
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$1.6B
$114.5M
Q3 25
$1.4B
Q2 25
$1.4B
$116.8M
Q1 25
$1.5B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$2.1B
Q1 24
$2.1B
Debt / Equity
ACRE
ACRE
DOGZ
DOGZ
Q4 25
1.86×
Q3 25
Q2 25
Q1 25
Q4 24
1.33×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ACRE
ACRE
DOGZ
DOGZ
Operating Cash FlowLast quarter
$21.4M
$-1.6M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-77.8%
Capex IntensityCapex / Revenue
56.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$21.4M
$-1.6M
Q3 25
$3.8M
Q2 25
$4.9M
Q1 25
$8.0M
Q4 24
$35.5M
Q3 24
$8.4M
Q2 24
$8.7M
Q1 24
$11.4M
Free Cash Flow
ACRE
ACRE
DOGZ
DOGZ
Q4 25
$-6.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ACRE
ACRE
DOGZ
DOGZ
Q4 25
-77.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ACRE
ACRE
DOGZ
DOGZ
Q4 25
56.9%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ACRE
ACRE
DOGZ
DOGZ
Q4 25
Q3 25
0.82×
Q2 25
Q1 25
0.86×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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