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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Acushnet Holdings Corp. (GOLF). Click either name above to swap in a different company.
Acushnet Holdings Corp. is the larger business by last-quarter revenue ($477.2M vs $351.4M, roughly 1.4× APOGEE ENTERPRISES, INC.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -7.3%, a 12.0% gap on every dollar of revenue. On growth, Acushnet Holdings Corp. posted the faster year-over-year revenue change (7.2% vs 1.6%). Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs -17.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.
APOG vs GOLF — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $351.4M | $477.2M |
| Net Profit | $16.6M | $-34.9M |
| Gross Margin | 22.4% | 44.1% |
| Operating Margin | 7.3% | -3.8% |
| Net Margin | 4.7% | -7.3% |
| Revenue YoY | 1.6% | 7.2% |
| Net Profit YoY | 568.8% | -3027.3% |
| EPS (diluted) | $0.78 | $-0.57 |
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 | $351.4M | — | ||
| Q4 25 | $348.6M | $477.2M | ||
| Q3 25 | $358.2M | $657.7M | ||
| Q2 25 | $346.6M | $720.5M | ||
| Q1 25 | $345.7M | $703.4M | ||
| Q4 24 | $341.3M | $445.2M | ||
| Q3 24 | $342.4M | $620.5M | ||
| Q2 24 | $331.5M | $683.9M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-34.9M | ||
| Q3 25 | $23.6M | $48.5M | ||
| Q2 25 | $-2.7M | $75.6M | ||
| Q1 25 | $2.5M | $99.4M | ||
| Q4 24 | $21.0M | $-1.1M | ||
| Q3 24 | $30.6M | $56.2M | ||
| Q2 24 | $31.0M | $71.4M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 44.1% | ||
| Q3 25 | 23.1% | 48.5% | ||
| Q2 25 | 21.7% | 49.2% | ||
| Q1 25 | 21.6% | 47.9% | ||
| Q4 24 | 26.1% | 22.6% | ||
| Q3 24 | 28.4% | 54.4% | ||
| Q2 24 | 29.8% | 54.4% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -3.8% | ||
| Q3 25 | 7.5% | 14.1% | ||
| Q2 25 | 2.0% | 15.2% | ||
| Q1 25 | 1.8% | 16.3% | ||
| Q4 24 | 8.4% | -1.2% | ||
| Q3 24 | 12.3% | 13.2% | ||
| Q2 24 | 12.5% | 15.5% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -7.3% | ||
| Q3 25 | 6.6% | 7.4% | ||
| Q2 25 | -0.8% | 10.5% | ||
| Q1 25 | 0.7% | 14.1% | ||
| Q4 24 | 6.1% | -0.3% | ||
| Q3 24 | 8.9% | 9.1% | ||
| Q2 24 | 9.4% | 10.4% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.57 | ||
| Q3 25 | $1.10 | $0.81 | ||
| Q2 25 | $-0.13 | $1.25 | ||
| Q1 25 | $0.12 | $1.62 | ||
| Q4 24 | $0.96 | $0.02 | ||
| Q3 24 | $1.40 | $0.89 | ||
| Q2 24 | $1.41 | $1.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | — |
| Total DebtLower is stronger | $232.3M | $926.2M |
| Stockholders' EquityBook value | $511.8M | $783.6M |
| Total Assets | $1.1B | $2.3B |
| Debt / EquityLower = less leverage | 0.45× | 1.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | — | ||
| Q3 25 | $39.5M | — | ||
| Q2 25 | $32.8M | — | ||
| Q1 25 | $41.4M | — | ||
| Q4 24 | $43.9M | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $30.4M | — |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $926.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | $753.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $783.6M | ||
| Q3 25 | $500.2M | $852.3M | ||
| Q2 25 | $481.8M | $808.5M | ||
| Q1 25 | $487.9M | $780.3M | ||
| Q4 24 | $522.1M | $765.2M | ||
| Q3 24 | $506.4M | $863.9M | ||
| Q2 24 | $480.0M | $863.7M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.2B | $2.4B | ||
| Q2 25 | $1.2B | $2.4B | ||
| Q1 25 | $1.2B | $2.4B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $917.1M | $2.3B | ||
| Q2 24 | $889.0M | $2.3B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | 0.98× | ||
| 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 | $122.5M | $-338.0K |
| Free Cash FlowOCF − Capex | — | $-23.3M |
| FCF MarginFCF / Revenue | — | -4.9% |
| Capex IntensityCapex / Revenue | 7.8% | 4.8% |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $120.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $-338.0K | ||
| Q3 25 | $57.1M | $163.1M | ||
| Q2 25 | $-19.8M | $151.9M | ||
| Q1 25 | $30.0M | $-120.3M | ||
| Q4 24 | $31.0M | $-1.1M | ||
| Q3 24 | $58.7M | $144.1M | ||
| Q2 24 | $5.5M | $211.6M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-23.3M | ||
| Q3 25 | $52.4M | $136.9M | ||
| Q2 25 | $-26.9M | $138.0M | ||
| Q1 25 | $19.1M | $-131.5M | ||
| Q4 24 | $22.0M | $-33.2M | ||
| Q3 24 | $50.2M | $123.7M | ||
| Q2 24 | $-1.8M | $196.8M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | -4.9% | ||
| Q3 25 | 14.6% | 20.8% | ||
| Q2 25 | -7.8% | 19.2% | ||
| Q1 25 | 5.5% | -18.7% | ||
| Q4 24 | 6.4% | -7.5% | ||
| Q3 24 | 14.7% | 19.9% | ||
| Q2 24 | -0.5% | 28.8% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 4.8% | ||
| Q3 25 | 1.3% | 4.0% | ||
| Q2 25 | 2.1% | 1.9% | ||
| Q1 25 | 3.2% | 1.6% | ||
| Q4 24 | 2.6% | 7.2% | ||
| Q3 24 | 2.5% | 3.3% | ||
| Q2 24 | 2.2% | 2.2% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 3.36× | ||
| Q2 25 | — | 2.01× | ||
| Q1 25 | 12.08× | -1.21× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 2.56× | ||
| Q2 24 | 0.18× | 2.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |