vs
Side-by-side financial comparison of ASHFORD HOSPITALITY TRUST INC (AHT) and MAXLINEAR, INC (MXL). 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 $137.2M, roughly 1.9× MAXLINEAR, INC). ASHFORD HOSPITALITY TRUST INC runs the higher net margin — -26.8% vs -32.9%, a 6.1% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs -6.0%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% 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.
MaxLinear, Inc. is an American electronic hardware company. Founded in 2003, it provides highly integrated radio-frequency (RF) analog and mixed-signal semiconductor products for broadband communications applications. It is a New York Stock Exchange-traded company.
AHT vs MXL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $259.0M | $137.2M |
| Net Profit | $-69.3M | $-45.1M |
| Gross Margin | — | 57.5% |
| Operating Margin | -2.6% | 30.0% |
| Net Margin | -26.8% | -32.9% |
| Revenue YoY | -6.0% | 43.0% |
| Net Profit YoY | 44.2% | -203.0% |
| EPS (diluted) | $-12.85 | $-0.52 |
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.
| Q1 26 | — | $137.2M | ||
| Q4 25 | $259.0M | $136.4M | ||
| Q3 25 | $266.1M | $126.5M | ||
| Q2 25 | $302.0M | $108.8M | ||
| Q1 25 | $277.4M | $95.9M | ||
| Q4 24 | $275.5M | $92.2M | ||
| Q3 24 | $276.6M | $81.1M | ||
| Q2 24 | $316.5M | $92.0M |
| Q1 26 | — | $-45.1M | ||
| Q4 25 | $-69.3M | $-14.9M | ||
| Q3 25 | $-60.1M | $-45.5M | ||
| Q2 25 | $-30.4M | $-26.6M | ||
| Q1 25 | $-20.0M | $-49.7M | ||
| Q4 24 | $-124.2M | $-57.8M | ||
| Q3 24 | $-57.9M | $-75.8M | ||
| Q2 24 | $50.3M | $-39.3M |
| Q1 26 | — | 57.5% | ||
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 56.9% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 56.1% | ||
| Q4 24 | — | 55.6% | ||
| Q3 24 | — | 54.4% | ||
| Q2 24 | — | 54.6% |
| Q1 26 | — | 30.0% | ||
| Q4 25 | -2.6% | -10.9% | ||
| Q3 25 | 4.6% | -32.7% | ||
| Q2 25 | 16.3% | -22.6% | ||
| Q1 25 | 22.2% | -48.0% | ||
| Q4 24 | -17.8% | -44.7% | ||
| Q3 24 | 7.3% | -82.3% | ||
| Q2 24 | 42.8% | -44.4% |
| Q1 26 | — | -32.9% | ||
| Q4 25 | -26.8% | -10.9% | ||
| Q3 25 | -22.6% | -36.0% | ||
| Q2 25 | -10.1% | -24.4% | ||
| Q1 25 | -7.2% | -51.8% | ||
| Q4 24 | -45.1% | -62.8% | ||
| Q3 24 | -20.9% | -93.4% | ||
| Q2 24 | 15.9% | -42.7% |
| Q1 26 | — | $-0.52 | ||
| Q4 25 | $-12.85 | $-0.17 | ||
| Q3 25 | $-11.35 | $-0.52 | ||
| Q2 25 | $-6.88 | $-0.31 | ||
| Q1 25 | $-4.91 | $-0.58 | ||
| Q4 24 | $-13.64 | $-0.68 | ||
| Q3 24 | $-12.39 | $-0.90 | ||
| Q2 24 | $2.50 | $-0.47 |
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 | $61.1M |
| Total DebtLower is stronger | $2.5B | $123.8M |
| Stockholders' EquityBook value | $-626.4M | $454.2M |
| Total Assets | $2.8B | $771.3M |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $61.1M | ||
| Q4 25 | $66.1M | $72.8M | ||
| Q3 25 | $81.9M | $111.9M | ||
| Q2 25 | $100.0M | $108.6M | ||
| Q1 25 | $85.8M | $102.8M | ||
| Q4 24 | $112.9M | $118.6M | ||
| Q3 24 | $119.7M | $148.5M | ||
| Q2 24 | $121.8M | $185.1M |
| Q1 26 | — | $123.8M | ||
| 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 26 | — | $454.2M | ||
| Q4 25 | $-626.4M | $451.9M | ||
| Q3 25 | $-548.7M | $464.7M | ||
| Q2 25 | $-485.5M | $488.3M | ||
| Q1 25 | $-446.1M | $493.2M | ||
| Q4 24 | $-419.2M | $516.3M | ||
| Q3 24 | $-288.4M | $556.9M | ||
| Q2 24 | $-225.9M | $617.3M |
| Q1 26 | — | $771.3M | ||
| Q4 25 | $2.8B | $796.4M | ||
| Q3 25 | $3.0B | $808.1M | ||
| Q2 25 | $3.1B | $863.7M | ||
| Q1 25 | $3.1B | $855.3M | ||
| Q4 24 | $3.2B | $864.6M | ||
| Q3 24 | $3.3B | $895.3M | ||
| Q2 24 | $3.3B | $973.2M |
| Q1 26 | — | 0.27× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| Free Cash FlowOCF − Capex | $-86.8M | — |
| FCF MarginFCF / Revenue | -33.5% | — |
| Capex IntensityCapex / Revenue | 27.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-135.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-15.7M | $10.4M | ||
| Q3 25 | $5.5M | $10.1M | ||
| Q2 25 | $16.3M | $10.5M | ||
| Q1 25 | $-25.0M | $-11.4M | ||
| Q4 24 | $-23.6M | $-27.8M | ||
| Q3 24 | $795.0K | $-30.7M | ||
| Q2 24 | $8.0M | $-2.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-86.8M | $6.7M | ||
| Q3 25 | $-226.0K | $4.4M | ||
| Q2 25 | $-3.6M | $9.3M | ||
| Q1 25 | $-44.8M | $-13.4M | ||
| Q4 24 | $-131.6M | $-30.0M | ||
| Q3 24 | $-21.8M | $-34.9M | ||
| Q2 24 | $-22.9M | $-5.7M |
| Q1 26 | — | — | ||
| Q4 25 | -33.5% | 4.9% | ||
| Q3 25 | -0.1% | 3.5% | ||
| Q2 25 | -1.2% | 8.6% | ||
| Q1 25 | -16.2% | -14.0% | ||
| Q4 24 | -47.8% | -32.6% | ||
| Q3 24 | -7.9% | -43.0% | ||
| Q2 24 | -7.2% | -6.2% |
| Q1 26 | — | — | ||
| Q4 25 | 27.5% | 2.7% | ||
| Q3 25 | 2.1% | 4.5% | ||
| Q2 25 | 6.6% | 1.1% | ||
| Q1 25 | 7.2% | 2.1% | ||
| Q4 24 | 39.2% | 2.4% | ||
| Q3 24 | 8.2% | 5.1% | ||
| Q2 24 | 9.8% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | — |
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% |
MXL
Segment breakdown not available.
