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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Kornit Digital Ltd. (KRNT). 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 $143.1M, roughly 1.8× Kornit Digital Ltd.). Kornit Digital Ltd. runs the higher net margin — -13.3% vs -26.8%, a 13.5% gap on every dollar of revenue. Kornit Digital Ltd. produced more free cash flow last quarter ($8.8M vs $-86.8M). Over the past eight quarters, Kornit Digital Ltd.'s revenue compounded faster (0.6% 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.
Kornit Digital Ltd. is an Israeli-American international manufacturing company. It produces high-speed industrial inkjet printers, pigmented ink and chemical products for the garment and apparel, home goods, textile accessories and decorating industry.
AHT vs KRNT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $143.1M |
| Net Profit | $-69.3M | $-19.0M |
| Gross Margin | — | 42.4% |
| Operating Margin | -2.6% | -25.2% |
| Net Margin | -26.8% | -13.3% |
| Revenue YoY | -6.0% | — |
| Net Profit YoY | 44.2% | — |
| EPS (diluted) | $-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.
| Q4 25 | $259.0M | — | ||
| Q3 25 | $266.1M | $143.1M | ||
| Q2 25 | $302.0M | $92.4M | ||
| Q1 25 | $277.4M | $43.8M | ||
| Q4 24 | $275.5M | — | ||
| Q3 24 | $276.6M | $163.2M | ||
| Q2 24 | $316.5M | $104.0M | ||
| Q1 24 | $303.9M | $47.8M |
| Q4 25 | $-69.3M | — | ||
| Q3 25 | $-60.1M | $-19.0M | ||
| Q2 25 | $-30.4M | $-18.1M | ||
| Q1 25 | $-20.0M | $-13.2M | ||
| Q4 24 | $-124.2M | — | ||
| Q3 24 | $-57.9M | $-41.4M | ||
| Q2 24 | $50.3M | $-33.3M | ||
| Q1 24 | $71.6M | $-18.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 42.4% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 32.1% | ||
| Q2 24 | — | 30.6% | ||
| Q1 24 | — | 27.4% |
| Q4 25 | -2.6% | — | ||
| Q3 25 | 4.6% | -25.2% | ||
| Q2 25 | 16.3% | -31.4% | ||
| Q1 25 | 22.2% | -41.8% | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | 7.3% | -36.6% | ||
| Q2 24 | 42.8% | -43.3% | ||
| Q1 24 | 50.2% | -50.5% |
| Q4 25 | -26.8% | — | ||
| Q3 25 | -22.6% | -13.3% | ||
| Q2 25 | -10.1% | -19.6% | ||
| Q1 25 | -7.2% | -30.2% | ||
| Q4 24 | -45.1% | — | ||
| Q3 24 | -20.9% | -25.4% | ||
| Q2 24 | 15.9% | -32.0% | ||
| Q1 24 | 23.5% | -39.6% |
| Q4 25 | $-12.85 | — | ||
| Q3 25 | $-11.35 | — | ||
| Q2 25 | $-6.88 | — | ||
| Q1 25 | $-4.91 | — | ||
| Q4 24 | $-13.64 | — | ||
| Q3 24 | $-12.39 | — | ||
| Q2 24 | $2.50 | — | ||
| Q1 24 | $5.99 | — |
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 | $35.0M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | — |
| Total Assets | $2.8B | $787.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | — | ||
| Q3 25 | $81.9M | $35.0M | ||
| Q2 25 | $100.0M | $35.0M | ||
| Q1 25 | $85.8M | $35.0M | ||
| Q4 24 | $112.9M | — | ||
| Q3 24 | $119.7M | $39.6M | ||
| Q2 24 | $121.8M | $39.6M | ||
| Q1 24 | $111.1M | $39.6M |
| 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 | — | ||
| Q3 25 | $-548.7M | — | ||
| Q2 25 | $-485.5M | — | ||
| Q1 25 | $-446.1M | — | ||
| Q4 24 | $-419.2M | — | ||
| Q3 24 | $-288.4M | — | ||
| Q2 24 | $-225.9M | — | ||
| Q1 24 | $-276.8M | — |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $3.0B | $787.5M | ||
| Q2 25 | $3.1B | $787.5M | ||
| Q1 25 | $3.1B | $787.5M | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.3B | $865.6M | ||
| Q2 24 | $3.3B | $865.6M | ||
| Q1 24 | $3.5B | $865.6M |
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 | $22.1M |
| Free Cash FlowOCF − Capex | $-86.8M | $8.8M |
| FCF MarginFCF / Revenue | -33.5% | 6.2% |
| Capex IntensityCapex / Revenue | 27.5% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | — | ||
| Q3 25 | $5.5M | $22.1M | ||
| Q2 25 | $16.3M | $8.5M | ||
| Q1 25 | $-25.0M | $4.0M | ||
| Q4 24 | $-23.6M | — | ||
| Q3 24 | $795.0K | — | ||
| Q2 24 | $8.0M | — | ||
| Q1 24 | $-46.5M | — |
| Q4 25 | $-86.8M | — | ||
| Q3 25 | $-226.0K | $8.8M | ||
| Q2 25 | $-3.6M | $5.8M | ||
| Q1 25 | $-44.8M | $2.7M | ||
| Q4 24 | $-131.6M | — | ||
| Q3 24 | $-21.8M | — | ||
| Q2 24 | $-22.9M | — | ||
| Q1 24 | $-80.4M | — |
| Q4 25 | -33.5% | — | ||
| Q3 25 | -0.1% | 6.2% | ||
| Q2 25 | -1.2% | 6.3% | ||
| Q1 25 | -16.2% | 6.3% | ||
| Q4 24 | -47.8% | — | ||
| Q3 24 | -7.9% | — | ||
| Q2 24 | -7.2% | — | ||
| Q1 24 | -26.5% | — |
| Q4 25 | 27.5% | — | ||
| Q3 25 | 2.1% | 9.2% | ||
| Q2 25 | 6.6% | 2.9% | ||
| Q1 25 | 7.2% | 2.9% | ||
| Q4 24 | 39.2% | — | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 9.8% | — | ||
| Q1 24 | 11.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| 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% |
KRNT
| Products | $100.4M | 70% |
| Services | $42.8M | 30% |
