vs
Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Azenta, Inc. (AZTA). 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 $148.6M, roughly 1.7× Azenta, Inc.). Azenta, Inc. runs the higher net margin — -10.4% vs -26.8%, a 16.4% gap on every dollar of revenue. On growth, Azenta, Inc. posted the faster year-over-year revenue change (0.8% vs -6.0%). Azenta, Inc. produced more free cash flow last quarter ($14.7M vs $-86.8M). Over the past eight quarters, Azenta, Inc.'s revenue compounded faster (4.4% CAGR vs -7.7%).
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.
Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.
AHT vs AZTA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $148.6M |
| Net Profit | $-69.3M | $-15.4M |
| Gross Margin | — | 42.9% |
| Operating Margin | -2.6% | -4.9% |
| Net Margin | -26.8% | -10.4% |
| Revenue YoY | -6.0% | 0.8% |
| Net Profit YoY | 44.2% | -15.7% |
| EPS (diluted) | $-12.85 | $-0.34 |
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 | $259.0M | $148.6M | ||
| Q3 25 | $266.1M | $159.2M | ||
| Q2 25 | $302.0M | $143.9M | ||
| Q1 25 | $277.4M | $143.3M | ||
| Q4 24 | $275.5M | $147.4M | ||
| Q3 24 | $276.6M | $150.6M | ||
| Q2 24 | $316.5M | $144.3M | ||
| Q1 24 | $303.9M | $136.4M |
| Q4 25 | $-69.3M | $-15.4M | ||
| Q3 25 | $-60.1M | $50.9M | ||
| Q2 25 | $-30.4M | $-48.0M | ||
| Q1 25 | $-20.0M | $-47.7M | ||
| Q4 24 | $-124.2M | $-11.0M | ||
| Q3 24 | $-57.9M | $-6.6M | ||
| Q2 24 | $50.3M | $-6.6M | ||
| Q1 24 | $71.6M | $-137.4M |
| Q4 25 | — | 42.9% | ||
| Q3 25 | — | 45.4% | ||
| Q2 25 | — | 46.2% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | — | 45.5% | ||
| Q2 24 | — | 44.8% | ||
| Q1 24 | — | 43.8% |
| Q4 25 | -2.6% | -4.9% | ||
| Q3 25 | 4.6% | 1.2% | ||
| Q2 25 | 16.3% | -1.3% | ||
| Q1 25 | 22.2% | -12.7% | ||
| Q4 24 | -17.8% | -5.9% | ||
| Q3 24 | 7.3% | -3.1% | ||
| Q2 24 | 42.8% | -4.9% | ||
| Q1 24 | 50.2% | -18.1% |
| Q4 25 | -26.8% | -10.4% | ||
| Q3 25 | -22.6% | 32.0% | ||
| Q2 25 | -10.1% | -33.4% | ||
| Q1 25 | -7.2% | -33.3% | ||
| Q4 24 | -45.1% | -7.5% | ||
| Q3 24 | -20.9% | -4.4% | ||
| Q2 24 | 15.9% | -4.5% | ||
| Q1 24 | 23.5% | -100.8% |
| Q4 25 | $-12.85 | $-0.34 | ||
| Q3 25 | $-11.35 | $1.12 | ||
| Q2 25 | $-6.88 | $-1.05 | ||
| Q1 25 | $-4.91 | $-1.04 | ||
| Q4 24 | $-13.64 | $-0.25 | ||
| Q3 24 | $-12.39 | $-0.25 | ||
| Q2 24 | $2.50 | $-0.12 | ||
| Q1 24 | $5.99 | $-2.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.1M | $336.6M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $1.7B |
| Total Assets | $2.8B | $2.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $336.6M | ||
| Q3 25 | $81.9M | $279.8M | ||
| Q2 25 | $100.0M | $270.0M | ||
| Q1 25 | $85.8M | $253.6M | ||
| Q4 24 | $112.9M | $377.5M | ||
| Q3 24 | $119.7M | $280.0M | ||
| Q2 24 | $121.8M | $336.5M | ||
| Q1 24 | $111.1M | $353.5M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
| Q4 25 | $-626.4M | $1.7B | ||
| Q3 25 | $-548.7M | $1.7B | ||
| Q2 25 | $-485.5M | $1.7B | ||
| Q1 25 | $-446.1M | $1.7B | ||
| Q4 24 | $-419.2M | $1.7B | ||
| Q3 24 | $-288.4M | $1.8B | ||
| Q2 24 | $-225.9M | $2.0B | ||
| Q1 24 | $-276.8M | $2.2B |
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $3.0B | $2.1B | ||
| Q2 25 | $3.1B | $2.0B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $3.2B | $2.0B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.3B | $2.3B | ||
| Q1 24 | $3.5B | $2.6B |
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 | $-15.7M | $20.8M |
| Free Cash FlowOCF − Capex | $-86.8M | $14.7M |
| FCF MarginFCF / Revenue | -33.5% | 9.9% |
| Capex IntensityCapex / Revenue | 27.5% | 4.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $30.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $20.8M | ||
| Q3 25 | $5.5M | $2.2M | ||
| Q2 25 | $16.3M | $25.8M | ||
| Q1 25 | $-25.0M | $14.4M | ||
| Q4 24 | $-23.6M | $29.8M | ||
| Q3 24 | $795.0K | $17.7M | ||
| Q2 24 | $8.0M | $9.8M | ||
| Q1 24 | $-46.5M | $8.7M |
| Q4 25 | $-86.8M | $14.7M | ||
| Q3 25 | $-226.0K | $-5.7M | ||
| Q2 25 | $-3.6M | $15.0M | ||
| Q1 25 | $-44.8M | $7.0M | ||
| Q4 24 | $-131.6M | $22.0M | ||
| Q3 24 | $-21.8M | $8.3M | ||
| Q2 24 | $-22.9M | $1.3M | ||
| Q1 24 | $-80.4M | $428.0K |
| Q4 25 | -33.5% | 9.9% | ||
| Q3 25 | -0.1% | -3.6% | ||
| Q2 25 | -1.2% | 10.4% | ||
| Q1 25 | -16.2% | 4.9% | ||
| Q4 24 | -47.8% | 15.0% | ||
| Q3 24 | -7.9% | 5.5% | ||
| Q2 24 | -7.2% | 0.9% | ||
| Q1 24 | -26.5% | 0.3% |
| Q4 25 | 27.5% | 4.2% | ||
| Q3 25 | 2.1% | 4.9% | ||
| Q2 25 | 6.6% | 7.5% | ||
| Q1 25 | 7.2% | 5.2% | ||
| Q4 24 | 39.2% | 5.3% | ||
| Q3 24 | 8.2% | 6.2% | ||
| Q2 24 | 9.8% | 5.9% | ||
| Q1 24 | 11.2% | 6.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | -0.65× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AHT
| Occupancy | $190.2M | 73% |
| Food And Beverage | $51.8M | 20% |
| Hotel Other | $16.6M | 6% |
AZTA
| Multiomics | $67.2M | 45% |
| Core Products | $47.6M | 32% |
| Sample Repository Solutions | $33.8M | 23% |
