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Side-by-side financial comparison of ALERUS FINANCIAL CORP (ALRS) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $45.2M, roughly 1.9× ALERUS FINANCIAL CORP). VINCE HOLDING CORP. runs the higher net margin — 3.2% vs -73.2%, a 76.4% gap on every dollar of revenue. On growth, ALERUS FINANCIAL CORP posted the faster year-over-year revenue change (18.0% vs 6.2%). ALERUS FINANCIAL CORP produced more free cash flow last quarter ($58.8M vs $-5.7M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% CAGR vs -2.5%).
Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota, Wisconsin, and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
ALRS vs VNCE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $45.2M | $85.1M |
| Net Profit | $-33.1M | $2.7M |
| Gross Margin | — | 49.2% |
| Operating Margin | -96.0% | 6.4% |
| Net Margin | -73.2% | 3.2% |
| Revenue YoY | 18.0% | 6.2% |
| Net Profit YoY | -49232.8% | -37.3% |
| EPS (diluted) | $-1.27 | $0.21 |
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 | $45.2M | $85.1M | ||
| Q3 25 | $72.6M | $73.2M | ||
| Q2 25 | $74.8M | $57.9M | ||
| Q1 25 | $68.8M | $80.0M | ||
| Q4 24 | $72.2M | $80.2M | ||
| Q3 24 | $50.9M | $74.2M | ||
| Q2 24 | $51.4M | $59.2M | ||
| Q1 24 | $47.5M | $75.3M |
| Q4 25 | $-33.1M | $2.7M | ||
| Q3 25 | $16.9M | $12.1M | ||
| Q2 25 | $20.3M | $-4.8M | ||
| Q1 25 | $13.3M | $-28.3M | ||
| Q4 24 | $-67.0K | $4.3M | ||
| Q3 24 | $5.2M | $569.0K | ||
| Q2 24 | $6.2M | $4.4M | ||
| Q1 24 | $6.4M | $-4.7M |
| Q4 25 | — | 49.2% | ||
| Q3 25 | — | 50.4% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | — | 50.0% | ||
| Q3 24 | — | 47.4% | ||
| Q2 24 | — | 50.6% | ||
| Q1 24 | — | 45.4% |
| Q4 25 | -96.0% | 6.4% | ||
| Q3 25 | 30.4% | 15.2% | ||
| Q2 25 | 35.2% | -7.7% | ||
| Q1 25 | 25.5% | -37.1% | ||
| Q4 24 | -0.8% | 7.2% | ||
| Q3 24 | 13.4% | 1.5% | ||
| Q2 24 | 15.8% | 9.5% | ||
| Q1 24 | 17.9% | -2.2% |
| Q4 25 | -73.2% | 3.2% | ||
| Q3 25 | 23.3% | 16.5% | ||
| Q2 25 | 27.1% | -8.3% | ||
| Q1 25 | 19.4% | -35.5% | ||
| Q4 24 | -0.2% | 5.4% | ||
| Q3 24 | 10.2% | 0.8% | ||
| Q2 24 | 12.1% | 7.4% | ||
| Q1 24 | 13.5% | -6.2% |
| Q4 25 | $-1.27 | $0.21 | ||
| Q3 25 | $0.65 | $0.93 | ||
| Q2 25 | $0.78 | $-0.37 | ||
| Q1 25 | $0.52 | $-2.25 | ||
| Q4 24 | $-0.06 | $0.34 | ||
| Q3 24 | $0.26 | $0.05 | ||
| Q2 24 | $0.31 | $0.35 | ||
| Q1 24 | $0.32 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $67.2M | $1.1M |
| Total DebtLower is stronger | $59.2M | — |
| Stockholders' EquityBook value | $564.9M | $53.4M |
| Total Assets | $5.2B | $246.0M |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.2M | $1.1M | ||
| Q3 25 | $92.0M | $777.0K | ||
| Q2 25 | $80.9M | $2.6M | ||
| Q1 25 | $83.0M | $607.0K | ||
| Q4 24 | $61.2M | $892.0K | ||
| Q3 24 | $66.0M | $711.0K | ||
| Q2 24 | $438.1M | $739.0K | ||
| Q1 24 | $545.8M | $357.0K |
| Q4 25 | $59.2M | — | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $59.1M | — | ||
| Q1 25 | $59.1M | — | ||
| Q4 24 | $59.1M | — | ||
| Q3 24 | $59.0M | — | ||
| Q2 24 | $59.0M | — | ||
| Q1 24 | $59.0M | — |
| Q4 25 | $564.9M | $53.4M | ||
| Q3 25 | $550.7M | $49.3M | ||
| Q2 25 | $533.2M | $37.2M | ||
| Q1 25 | $514.2M | $41.8M | ||
| Q4 24 | $495.4M | $57.1M | ||
| Q3 24 | $386.5M | $52.4M | ||
| Q2 24 | $373.2M | $51.7M | ||
| Q1 24 | $371.6M | $47.2M |
| Q4 25 | $5.2B | $246.0M | ||
| Q3 25 | $5.3B | $239.0M | ||
| Q2 25 | $5.3B | $218.0M | ||
| Q1 25 | $5.3B | $222.7M | ||
| Q4 24 | $5.3B | $254.7M | ||
| Q3 24 | $4.4B | $253.6M | ||
| Q2 24 | $4.4B | $223.1M | ||
| Q1 24 | $4.3B | $225.1M |
| Q4 25 | 0.10× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | 0.16× | — |
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 | $67.5M | $-5.1M |
| Free Cash FlowOCF − Capex | $58.8M | $-5.7M |
| FCF MarginFCF / Revenue | 130.2% | -6.7% |
| Capex IntensityCapex / Revenue | 19.3% | 0.7% |
| Cash ConversionOCF / Net Profit | — | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $102.4M | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.5M | $-5.1M | ||
| Q3 25 | $32.8M | $4.2M | ||
| Q2 25 | $10.7M | $-11.8M | ||
| Q1 25 | $7.7M | $22.7M | ||
| Q4 24 | $21.7M | $6.4M | ||
| Q3 24 | $20.2M | $-3.2M | ||
| Q2 24 | $-12.5M | $-3.9M | ||
| Q1 24 | $11.7M | $14.8M |
| Q4 25 | $58.8M | $-5.7M | ||
| Q3 25 | $30.3M | $2.1M | ||
| Q2 25 | $7.6M | $-13.2M | ||
| Q1 25 | $5.7M | $21.2M | ||
| Q4 24 | $9.4M | $5.1M | ||
| Q3 24 | $17.4M | $-3.9M | ||
| Q2 24 | $-16.1M | $-4.6M | ||
| Q1 24 | $10.8M | $14.2M |
| Q4 25 | 130.2% | -6.7% | ||
| Q3 25 | 41.8% | 2.9% | ||
| Q2 25 | 10.1% | -22.9% | ||
| Q1 25 | 8.2% | 26.5% | ||
| Q4 24 | 13.0% | 6.4% | ||
| Q3 24 | 34.2% | -5.2% | ||
| Q2 24 | -31.4% | -7.8% | ||
| Q1 24 | 22.8% | 18.9% |
| Q4 25 | 19.3% | 0.7% | ||
| Q3 25 | 3.4% | 2.9% | ||
| Q2 25 | 4.2% | 2.5% | ||
| Q1 25 | 3.0% | 1.9% | ||
| Q4 24 | 17.1% | 1.6% | ||
| Q3 24 | 5.4% | 0.9% | ||
| Q2 24 | 7.2% | 1.3% | ||
| Q1 24 | 1.9% | 0.7% |
| Q4 25 | — | -1.86× | ||
| Q3 25 | 1.94× | 0.35× | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 3.88× | -5.61× | ||
| Q2 24 | -2.01× | -0.89× | ||
| Q1 24 | 1.82× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALRS
| Other | $17.3M | 38% |
| Retirement And Benefit Services | $17.3M | 38% |
| Wealth Management | $7.4M | 16% |
| Mortgage Banking | $3.2M | 7% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
