vs
Side-by-side financial comparison of Armada Hoffler Properties, Inc. (AHH) and Repay Holdings Corp (RPAY). Click either name above to swap in a different company.
Repay Holdings Corp is the larger business by last-quarter revenue ($78.6M vs $75.6M, roughly 1.0× Armada Hoffler Properties, Inc.). Armada Hoffler Properties, Inc. runs the higher net margin — 3.1% vs -178.3%, a 181.4% gap on every dollar of revenue. On growth, Armada Hoffler Properties, Inc. posted the faster year-over-year revenue change (0.8% vs 0.4%). Over the past eight quarters, Repay Holdings Corp's revenue compounded faster (-1.3% CAGR vs -22.8%).
Armada Hoffler Properties, Inc. is a publicly traded U.S. real estate investment trust operating across the Mid-Atlantic and Southeast regions. It develops, owns, and manages a diversified portfolio of office, retail, and multifamily residential properties, and also offers construction and development services for third-party clients.
Repay Holdings Corp is a leading payment technology provider delivering integrated end-to-end payment processing solutions for businesses across North America. Its offerings include credit/debit card processing, ACH transfer services, POS system integrations and digital payment tools, serving retail, healthcare, automotive and e-commerce segments to help clients streamline transaction workflows and boost operational efficiency.
AHH vs RPAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.6M | $78.6M |
| Net Profit | $2.4M | $-140.1M |
| Gross Margin | — | 74.2% |
| Operating Margin | 31.0% | -182.2% |
| Net Margin | 3.1% | -178.3% |
| Revenue YoY | 0.8% | 0.4% |
| Net Profit YoY | -89.8% | -3304.1% |
| EPS (diluted) | $0.00 | $-1.68 |
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 | $75.6M | $78.6M | ||
| Q3 25 | $72.7M | $77.7M | ||
| Q2 25 | $69.1M | $75.6M | ||
| Q1 25 | $67.8M | $77.3M | ||
| Q4 24 | $75.0M | $78.3M | ||
| Q3 24 | $114.4M | $79.1M | ||
| Q2 24 | $116.8M | $74.9M | ||
| Q1 24 | $127.0M | $80.7M |
| Q4 25 | $2.4M | $-140.1M | ||
| Q3 25 | $80.0K | $-6.4M | ||
| Q2 25 | $5.9M | $-102.3M | ||
| Q1 25 | $-2.8M | $-7.9M | ||
| Q4 24 | $23.4M | $-4.1M | ||
| Q3 24 | $-5.0M | $3.2M | ||
| Q2 24 | $3.2M | $-4.1M | ||
| Q1 24 | $14.1M | $-5.2M |
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | 45.0% | 77.8% | ||
| Q2 24 | 41.8% | 78.2% | ||
| Q1 24 | 37.9% | 76.2% |
| Q4 25 | 31.0% | -182.2% | ||
| Q3 25 | 29.2% | -3.9% | ||
| Q2 25 | 29.6% | -138.7% | ||
| Q1 25 | 23.2% | -4.7% | ||
| Q4 24 | 50.1% | -1.5% | ||
| Q3 24 | 19.0% | -0.9% | ||
| Q2 24 | 11.9% | -4.6% | ||
| Q1 24 | 15.1% | -3.1% |
| Q4 25 | 3.1% | -178.3% | ||
| Q3 25 | 0.1% | -8.3% | ||
| Q2 25 | 8.6% | -135.2% | ||
| Q1 25 | -4.1% | -10.3% | ||
| Q4 24 | 31.2% | -5.3% | ||
| Q3 24 | -4.4% | 4.1% | ||
| Q2 24 | 2.7% | -5.4% | ||
| Q1 24 | 11.1% | -6.5% |
| Q4 25 | $0.00 | $-1.68 | ||
| Q3 25 | $-0.04 | $-0.08 | ||
| Q2 25 | $0.04 | $-1.15 | ||
| Q1 25 | $-0.07 | $-0.09 | ||
| Q4 24 | $0.28 | $-0.04 | ||
| Q3 24 | $-0.11 | $0.03 | ||
| Q2 24 | $0.00 | $-0.04 | ||
| Q1 24 | $0.17 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.1M | $115.7M |
| Total DebtLower is stronger | $1.5B | $280.1M |
| Stockholders' EquityBook value | $627.8M | $484.4M |
| Total Assets | $2.6B | $1.2B |
| Debt / EquityLower = less leverage | 2.43× | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.1M | $115.7M | ||
| Q3 25 | $46.5M | $95.7M | ||
| Q2 25 | $52.1M | $162.6M | ||
| Q1 25 | $45.7M | $165.5M | ||
| Q4 24 | $31.9M | $189.5M | ||
| Q3 24 | $43.9M | $168.7M | ||
| Q2 24 | $20.3M | $147.1M | ||
| Q1 24 | $41.9M | $128.3M |
| Q4 25 | $1.5B | $280.1M | ||
| Q3 25 | $1.5B | $279.5M | ||
| Q2 25 | $1.4B | $279.0M | ||
| Q1 25 | $1.3B | $497.6M | ||
| Q4 24 | $1.3B | $496.8M | ||
| Q3 24 | $1.3B | $496.2M | ||
| Q2 24 | $1.4B | $435.6M | ||
| Q1 24 | $1.4B | $434.9M |
| Q4 25 | $627.8M | $484.4M | ||
| Q3 25 | $638.8M | $616.9M | ||
| Q2 25 | $652.0M | $633.7M | ||
| Q1 25 | $657.4M | $755.7M | ||
| Q4 24 | $670.6M | $761.3M | ||
| Q3 24 | $663.9M | $754.7M | ||
| Q2 24 | $562.7M | $815.4M | ||
| Q1 24 | $571.4M | $813.8M |
| Q4 25 | $2.6B | $1.2B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.6B | $1.6B | ||
| Q2 24 | $2.6B | $1.5B | ||
| Q1 24 | $2.6B | $1.5B |
| Q4 25 | 2.43× | 0.58× | ||
| Q3 25 | 2.33× | 0.45× | ||
| Q2 25 | 2.22× | 0.44× | ||
| Q1 25 | 2.01× | 0.66× | ||
| Q4 24 | 1.93× | 0.65× | ||
| Q3 24 | 2.00× | 0.66× | ||
| Q2 24 | 2.52× | 0.53× | ||
| Q1 24 | 2.50× | 0.53× |
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 | $64.2M | $23.3M |
| Free Cash FlowOCF − Capex | — | $23.2M |
| FCF MarginFCF / Revenue | — | 29.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 26.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $90.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.2M | $23.3M | ||
| Q3 25 | $26.3M | $32.2M | ||
| Q2 25 | $11.1M | $33.1M | ||
| Q1 25 | $107.0K | $2.5M | ||
| Q4 24 | $112.0M | $34.3M | ||
| Q3 24 | $27.3M | $60.1M | ||
| Q2 24 | $17.4M | $31.0M | ||
| Q1 24 | $46.5M | $24.8M |
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | 26.99× | — | ||
| Q3 25 | 328.63× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.78× | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | 5.48× | — | ||
| Q1 24 | 3.30× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AHH
| Office Real Estate Segment | $28.8M | 38% |
| Retail Real Estate Segment | $25.4M | 34% |
| Multifamily Residential Real Estate | $17.7M | 23% |
| Real Estate Financing Segment | $3.6M | 5% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
