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Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and Lovesac Co (LOVE). 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 $150.2M, roughly 1.7× Lovesac Co). Lovesac Co runs the higher net margin — -7.0% vs -26.8%, a 19.7% gap on every dollar of revenue. On growth, Lovesac Co posted the faster year-over-year revenue change (0.2% vs -6.0%). Lovesac Co produced more free cash flow last quarter ($-10.2M vs $-86.8M). Over the past eight quarters, ASHFORD HOSPITALITY TRUST INC's revenue compounded faster (-7.7% CAGR vs -22.6%).
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.
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
AHT vs LOVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $150.2M |
| Net Profit | $-69.3M | $-10.6M |
| Gross Margin | — | 56.1% |
| Operating Margin | -2.6% | -10.5% |
| Net Margin | -26.8% | -7.0% |
| Revenue YoY | -6.0% | 0.2% |
| Net Profit YoY | 44.2% | -114.0% |
| EPS (diluted) | $-12.85 | $-0.72 |
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 | $150.2M | ||
| Q3 25 | $266.1M | $160.5M | ||
| Q2 25 | $302.0M | $138.4M | ||
| Q1 25 | $277.4M | $241.5M | ||
| Q4 24 | $275.5M | $149.9M | ||
| Q3 24 | $276.6M | $156.6M | ||
| Q2 24 | $316.5M | $132.6M | ||
| Q1 24 | $303.9M | $250.5M |
| Q4 25 | $-69.3M | $-10.6M | ||
| Q3 25 | $-60.1M | $-6.7M | ||
| Q2 25 | $-30.4M | $-10.8M | ||
| Q1 25 | $-20.0M | $35.3M | ||
| Q4 24 | $-124.2M | $-4.9M | ||
| Q3 24 | $-57.9M | $-5.9M | ||
| Q2 24 | $50.3M | $-13.0M | ||
| Q1 24 | $71.6M | $31.0M |
| Q4 25 | — | 56.1% | ||
| Q3 25 | — | 56.4% | ||
| Q2 25 | — | 53.7% | ||
| Q1 25 | — | 60.4% | ||
| Q4 24 | — | 58.5% | ||
| Q3 24 | — | 59.0% | ||
| Q2 24 | — | 54.3% | ||
| Q1 24 | — | 59.7% |
| Q4 25 | -2.6% | -10.5% | ||
| Q3 25 | 4.6% | -5.5% | ||
| Q2 25 | 16.3% | -10.8% | ||
| Q1 25 | 22.2% | 19.7% | ||
| Q4 24 | -17.8% | -5.2% | ||
| Q3 24 | 7.3% | -5.3% | ||
| Q2 24 | 42.8% | -13.5% | ||
| Q1 24 | 50.2% | 16.1% |
| Q4 25 | -26.8% | -7.0% | ||
| Q3 25 | -22.6% | -4.1% | ||
| Q2 25 | -10.1% | -7.8% | ||
| Q1 25 | -7.2% | 14.6% | ||
| Q4 24 | -45.1% | -3.3% | ||
| Q3 24 | -20.9% | -3.7% | ||
| Q2 24 | 15.9% | -9.8% | ||
| Q1 24 | 23.5% | 12.4% |
| Q4 25 | $-12.85 | $-0.72 | ||
| Q3 25 | $-11.35 | $-0.45 | ||
| Q2 25 | $-6.88 | $-0.73 | ||
| Q1 25 | $-4.91 | $2.22 | ||
| Q4 24 | $-13.64 | $-0.32 | ||
| Q3 24 | $-12.39 | $-0.38 | ||
| Q2 24 | $2.50 | $-0.83 | ||
| Q1 24 | $5.99 | $1.91 |
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 | $23.7M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $-626.4M | $189.3M |
| Total Assets | $2.8B | $495.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.1M | $23.7M | ||
| Q3 25 | $81.9M | $34.2M | ||
| Q2 25 | $100.0M | $26.9M | ||
| Q1 25 | $85.8M | $83.7M | ||
| Q4 24 | $112.9M | $61.7M | ||
| Q3 24 | $119.7M | $72.1M | ||
| Q2 24 | $121.8M | $72.4M | ||
| Q1 24 | $111.1M | $87.0M |
| 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 | $189.3M | ||
| Q3 25 | $-548.7M | $197.5M | ||
| Q2 25 | $-485.5M | $201.2M | ||
| Q1 25 | $-446.1M | $216.4M | ||
| Q4 24 | $-419.2M | $196.5M | ||
| Q3 24 | $-288.4M | $202.1M | ||
| Q2 24 | $-225.9M | $205.3M | ||
| Q1 24 | $-276.8M | $217.5M |
| Q4 25 | $2.8B | $495.5M | ||
| Q3 25 | $3.0B | $493.7M | ||
| Q2 25 | $3.1B | $483.7M | ||
| Q1 25 | $3.1B | $532.3M | ||
| Q4 24 | $3.2B | $499.7M | ||
| Q3 24 | $3.3B | $481.1M | ||
| Q2 24 | $3.3B | $477.2M | ||
| Q1 24 | $3.5B | $482.2M |
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 | $-4.9M |
| Free Cash FlowOCF − Capex | $-86.8M | $-10.2M |
| FCF MarginFCF / Revenue | -33.5% | -6.8% |
| Capex IntensityCapex / Revenue | 27.5% | 3.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | $-13.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.7M | $-4.9M | ||
| Q3 25 | $5.5M | $12.2M | ||
| Q2 25 | $16.3M | $-41.4M | ||
| Q1 25 | $-25.0M | $44.0M | ||
| Q4 24 | $-23.6M | $-4.2M | ||
| Q3 24 | $795.0K | $6.2M | ||
| Q2 24 | $8.0M | $-7.0M | ||
| Q1 24 | $-46.5M | $56.3M |
| Q4 25 | $-86.8M | $-10.2M | ||
| Q3 25 | $-226.0K | $7.8M | ||
| Q2 25 | $-3.6M | $-50.0M | ||
| Q1 25 | $-44.8M | $38.7M | ||
| Q4 24 | $-131.6M | $-6.6M | ||
| Q3 24 | $-21.8M | $119.0K | ||
| Q2 24 | $-22.9M | $-14.3M | ||
| Q1 24 | $-80.4M | $49.5M |
| Q4 25 | -33.5% | -6.8% | ||
| Q3 25 | -0.1% | 4.9% | ||
| Q2 25 | -1.2% | -36.1% | ||
| Q1 25 | -16.2% | 16.0% | ||
| Q4 24 | -47.8% | -4.4% | ||
| Q3 24 | -7.9% | 0.1% | ||
| Q2 24 | -7.2% | -10.8% | ||
| Q1 24 | -26.5% | 19.8% |
| Q4 25 | 27.5% | 3.5% | ||
| Q3 25 | 2.1% | 2.7% | ||
| Q2 25 | 6.6% | 6.2% | ||
| Q1 25 | 7.2% | 2.2% | ||
| Q4 24 | 39.2% | 1.6% | ||
| Q3 24 | 8.2% | 3.9% | ||
| Q2 24 | 9.8% | 5.5% | ||
| Q1 24 | 11.2% | 2.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | -0.65× | 1.82× |
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% |
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
