vs

Side-by-side financial comparison of Adeia Inc. (ADEA) and ASHFORD HOSPITALITY TRUST INC (AHT). Click either name above to swap in a different company.

ASHFORD HOSPITALITY TRUST INC is the larger business by last-quarter revenue ($259.0M vs $182.6M, roughly 1.4× Adeia Inc.). Adeia Inc. runs the higher net margin — 40.4% vs -26.8%, a 67.1% gap on every dollar of revenue. On growth, Adeia Inc. posted the faster year-over-year revenue change (53.3% vs -6.0%). Over the past eight quarters, Adeia Inc.'s revenue compounded faster (44.6% CAGR vs -7.7%).

Adeia Inc. is a global intellectual property licensing and innovation firm focused on developing, protecting and commercializing patented technologies across semiconductor manufacturing, connected consumer electronics, media distribution and smart device segments. It partners with leading global technology enterprises to deploy its innovations, supporting continuous industry technological progress.

Ashford Hospitality Trust Inc is a U.S.-headquartered real estate investment trust focused on upper-upscale full-service hotel properties across key U.S. urban, suburban and resort markets. Its portfolio holds assets under top global hospitality brands, serving business and leisure travelers, with a focus on long-term value growth and stable shareholder returns.

ADEA vs AHT — Head-to-Head

Bigger by revenue
AHT
AHT
1.4× larger
AHT
$259.0M
$182.6M
ADEA
Growing faster (revenue YoY)
ADEA
ADEA
+59.3% gap
ADEA
53.3%
-6.0%
AHT
Higher net margin
ADEA
ADEA
67.1% more per $
ADEA
40.4%
-26.8%
AHT
Faster 2-yr revenue CAGR
ADEA
ADEA
Annualised
ADEA
44.6%
-7.7%
AHT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ADEA
ADEA
AHT
AHT
Revenue
$182.6M
$259.0M
Net Profit
$73.7M
$-69.3M
Gross Margin
Operating Margin
59.5%
-2.6%
Net Margin
40.4%
-26.8%
Revenue YoY
53.3%
-6.0%
Net Profit YoY
104.6%
44.2%
EPS (diluted)
$0.65
$-12.85

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
ADEA
ADEA
AHT
AHT
Q1 26
$182.6M
Q4 25
$182.6M
$259.0M
Q3 25
$87.3M
$266.1M
Q2 25
$85.7M
$302.0M
Q1 25
$87.7M
$277.4M
Q4 24
$119.2M
$275.5M
Q3 24
$86.1M
$276.6M
Q2 24
$87.3M
$316.5M
Net Profit
ADEA
ADEA
AHT
AHT
Q1 26
$73.7M
Q4 25
$73.7M
$-69.3M
Q3 25
$8.8M
$-60.1M
Q2 25
$16.7M
$-30.4M
Q1 25
$11.8M
$-20.0M
Q4 24
$36.0M
$-124.2M
Q3 24
$19.3M
$-57.9M
Q2 24
$8.4M
$50.3M
Operating Margin
ADEA
ADEA
AHT
AHT
Q1 26
59.5%
Q4 25
59.5%
-2.6%
Q3 25
30.9%
4.6%
Q2 25
19.1%
16.3%
Q1 25
26.0%
22.2%
Q4 24
48.2%
-17.8%
Q3 24
32.7%
7.3%
Q2 24
27.1%
42.8%
Net Margin
ADEA
ADEA
AHT
AHT
Q1 26
40.4%
Q4 25
40.4%
-26.8%
Q3 25
10.1%
-22.6%
Q2 25
19.5%
-10.1%
Q1 25
13.5%
-7.2%
Q4 24
30.2%
-45.1%
Q3 24
22.4%
-20.9%
Q2 24
9.6%
15.9%
EPS (diluted)
ADEA
ADEA
AHT
AHT
Q1 26
$0.65
Q4 25
$0.66
$-12.85
Q3 25
$0.08
$-11.35
Q2 25
$0.15
$-6.88
Q1 25
$0.10
$-4.91
Q4 24
$0.32
$-13.64
Q3 24
$0.17
$-12.39
Q2 24
$0.07
$2.50

Balance Sheet & Financial Strength

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

Metric
ADEA
ADEA
AHT
AHT
Cash + ST InvestmentsLiquidity on hand
$73.1M
$66.1M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$-626.4M
Total Assets
$1.0B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADEA
ADEA
AHT
AHT
Q1 26
$73.1M
Q4 25
$136.7M
$66.1M
Q3 25
$115.1M
$81.9M
Q2 25
$116.5M
$100.0M
Q1 25
$116.5M
$85.8M
Q4 24
$110.4M
$112.9M
Q3 24
$89.2M
$119.7M
Q2 24
$94.5M
$121.8M
Total Debt
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
$418.5M
$2.5B
Q3 25
$438.7M
$2.6B
Q2 25
$448.9M
$2.6B
Q1 25
$459.2M
$2.7B
Q4 24
$475.5M
$2.6B
Q3 24
$524.4M
$2.7B
Q2 24
$535.6M
$2.8B
Stockholders' Equity
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
$480.5M
$-626.4M
Q3 25
$413.7M
$-548.7M
Q2 25
$402.9M
$-485.5M
Q1 25
$389.5M
$-446.1M
Q4 24
$396.6M
$-419.2M
Q3 24
$378.2M
$-288.4M
Q2 24
$359.1M
$-225.9M
Total Assets
ADEA
ADEA
AHT
AHT
Q1 26
$1.0B
Q4 25
$1.0B
$2.8B
Q3 25
$1.1B
$3.0B
Q2 25
$1.1B
$3.1B
Q1 25
$1.1B
$3.1B
Q4 24
$1.1B
$3.2B
Q3 24
$1.1B
$3.3B
Q2 24
$1.1B
$3.3B
Debt / Equity
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
0.87×
Q3 25
1.06×
Q2 25
1.11×
Q1 25
1.18×
Q4 24
1.20×
Q3 24
1.39×
Q2 24
1.49×

Cash Flow & Capital Efficiency

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

Metric
ADEA
ADEA
AHT
AHT
Operating Cash FlowLast quarter
$158.1M
$-15.7M
Free Cash FlowOCF − Capex
$-86.8M
FCF MarginFCF / Revenue
-33.5%
Capex IntensityCapex / Revenue
27.5%
Cash ConversionOCF / Net Profit
2.14×
TTM Free Cash FlowTrailing 4 quarters
$-135.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADEA
ADEA
AHT
AHT
Q1 26
$158.1M
Q4 25
$60.0M
$-15.7M
Q3 25
$17.8M
$5.5M
Q2 25
$23.1M
$16.3M
Q1 25
$57.1M
$-25.0M
Q4 24
$107.5M
$-23.6M
Q3 24
$14.3M
$795.0K
Q2 24
$23.5M
$8.0M
Free Cash Flow
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
$59.4M
$-86.8M
Q3 25
$17.0M
$-226.0K
Q2 25
$22.9M
$-3.6M
Q1 25
$56.9M
$-44.8M
Q4 24
$106.9M
$-131.6M
Q3 24
$14.3M
$-21.8M
Q2 24
$23.0M
$-22.9M
FCF Margin
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
32.5%
-33.5%
Q3 25
19.5%
-0.1%
Q2 25
26.7%
-1.2%
Q1 25
64.9%
-16.2%
Q4 24
89.7%
-47.8%
Q3 24
16.6%
-7.9%
Q2 24
26.4%
-7.2%
Capex Intensity
ADEA
ADEA
AHT
AHT
Q1 26
Q4 25
0.3%
27.5%
Q3 25
0.9%
2.1%
Q2 25
0.2%
6.6%
Q1 25
0.3%
7.2%
Q4 24
0.5%
39.2%
Q3 24
0.1%
8.2%
Q2 24
0.5%
9.8%
Cash Conversion
ADEA
ADEA
AHT
AHT
Q1 26
2.14×
Q4 25
0.81×
Q3 25
2.02×
Q2 25
1.38×
Q1 25
4.84×
Q4 24
2.98×
Q3 24
0.74×
Q2 24
2.80×
0.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ADEA
ADEA

Segment breakdown not available.

AHT
AHT

Occupancy$190.2M73%
Food And Beverage$51.8M20%
Hotel Other$16.6M6%

Related Comparisons