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Side-by-side financial comparison of Ares Commercial Real Estate Corp (ACRE) and REED'S, INC. (REED). 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 $7.5M, roughly 1.8× REED'S, INC.). Ares Commercial Real Estate Corp runs the higher net margin — -29.2% vs -50.5%, a 21.3% gap on every dollar of revenue. On growth, REED'S, INC. posted the faster year-over-year revenue change (-23.1% vs -24.5%). Over the past eight quarters, REED'S, INC.'s revenue compounded faster (-11.7% CAGR vs -15.9%).
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.
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
ACRE vs REED — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.2M | $7.5M |
| Net Profit | $-3.9M | $-3.8M |
| Gross Margin | — | 20.4% |
| Operating Margin | -29.2% | -46.9% |
| Net Margin | -29.2% | -50.5% |
| Revenue YoY | -24.5% | -23.1% |
| Net Profit YoY | 63.8% | 8.2% |
| EPS (diluted) | — | $-1.26 |
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.
| Q4 25 | $13.2M | $7.5M | ||
| Q3 25 | $14.1M | $7.0M | ||
| Q2 25 | $12.6M | $9.5M | ||
| Q1 25 | $14.9M | $10.0M | ||
| Q4 24 | $17.5M | $9.7M | ||
| Q3 24 | $16.7M | $6.8M | ||
| Q2 24 | $16.8M | $11.9M | ||
| Q1 24 | $18.7M | $9.6M |
| Q4 25 | $-3.9M | $-3.8M | ||
| Q3 25 | $4.7M | $-4.0M | ||
| Q2 25 | $-11.0M | $-6.0M | ||
| Q1 25 | $9.3M | $-2.0M | ||
| Q4 24 | $-10.7M | $-4.1M | ||
| Q3 24 | $-5.9M | $-4.2M | ||
| Q2 24 | $-6.1M | $-3.2M | ||
| Q1 24 | $-12.3M | $-1.7M |
| Q4 25 | — | 20.4% | ||
| Q3 25 | — | 17.4% | ||
| Q2 25 | — | 8.5% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 18.0% | ||
| Q2 24 | — | 32.3% | ||
| Q1 24 | — | 35.6% |
| Q4 25 | -29.2% | -46.9% | ||
| Q3 25 | 33.0% | -58.3% | ||
| Q2 25 | -87.8% | -60.8% | ||
| Q1 25 | 64.4% | -17.4% | ||
| Q4 24 | -61.0% | -37.6% | ||
| Q3 24 | -35.3% | -46.5% | ||
| Q2 24 | -36.5% | -5.6% | ||
| Q1 24 | -65.9% | -6.8% |
| Q4 25 | -29.2% | -50.5% | ||
| Q3 25 | 33.0% | -56.6% | ||
| Q2 25 | -87.8% | -63.5% | ||
| Q1 25 | 62.5% | -20.3% | ||
| Q4 24 | -60.9% | -42.3% | ||
| Q3 24 | -35.3% | -61.5% | ||
| Q2 24 | -36.5% | -27.1% | ||
| Q1 24 | -65.9% | -17.4% |
| Q4 25 | — | $-1.26 | ||
| Q3 25 | — | $-0.48 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.04 | ||
| Q4 24 | — | $-3.73 | ||
| Q3 24 | — | $-4.91 | ||
| Q2 24 | — | $-0.77 | ||
| Q1 24 | — | $-0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.3M | — |
| Total DebtLower is stronger | $948.2M | — |
| Stockholders' EquityBook value | $509.6M | $9.2M |
| Total Assets | $1.6B | $23.3M |
| Debt / EquityLower = less leverage | 1.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.3M | — | ||
| Q3 25 | $84.9M | — | ||
| Q2 25 | $90.0M | — | ||
| Q1 25 | $125.5M | — | ||
| Q4 24 | $63.8M | — | ||
| Q3 24 | $68.9M | — | ||
| Q2 24 | $70.6M | — | ||
| Q1 24 | $99.5M | — |
| Q4 25 | $948.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $718.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $509.6M | $9.2M | ||
| Q3 25 | $521.0M | $2.8M | ||
| Q2 25 | $523.7M | $1.7M | ||
| Q1 25 | $542.1M | $4.7M | ||
| Q4 24 | $540.1M | $6.6M | ||
| Q3 24 | $563.8M | $-22.0M | ||
| Q2 24 | $582.3M | $-23.8M | ||
| Q1 24 | $601.1M | $-20.7M |
| Q4 25 | $1.6B | $23.3M | ||
| Q3 25 | $1.4B | $19.9M | ||
| Q2 25 | $1.4B | $23.7M | ||
| Q1 25 | $1.5B | $24.5M | ||
| Q4 24 | $1.8B | $25.1M | ||
| Q3 24 | $1.9B | $15.0M | ||
| Q2 24 | $2.1B | $18.7M | ||
| Q1 24 | $2.1B | $19.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $21.4M | $-3.8M |
| Free Cash FlowOCF − Capex | — | $-3.9M |
| FCF MarginFCF / Revenue | — | -52.0% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-17.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.4M | $-3.8M | ||
| Q3 25 | $3.8M | $-2.8M | ||
| Q2 25 | $4.9M | $-5.0M | ||
| Q1 25 | $8.0M | $-5.4M | ||
| Q4 24 | $35.5M | $-3.9M | ||
| Q3 24 | $8.4M | $1.1M | ||
| Q2 24 | $8.7M | $-912.0K | ||
| Q1 24 | $11.4M | $-2.4M |
| Q4 25 | — | $-3.9M | ||
| Q3 25 | — | $-2.9M | ||
| Q2 25 | — | $-5.1M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $1.0M | ||
| Q2 24 | — | $-924.0K | ||
| Q1 24 | — | $-2.4M |
| Q4 25 | — | -52.0% | ||
| Q3 25 | — | -41.5% | ||
| Q2 25 | — | -53.2% | ||
| Q1 25 | — | -54.2% | ||
| Q4 24 | — | -40.8% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | -25.1% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.2% |
| 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.
