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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and EASTMAN KODAK CO (KODK). Click either name above to swap in a different company.

APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($348.6M vs $290.0M, roughly 1.2× EASTMAN KODAK CO). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -37.2%, a 42.0% gap on every dollar of revenue. On growth, EASTMAN KODAK CO posted the faster year-over-year revenue change (9.0% vs 2.1%). EASTMAN KODAK CO produced more free cash flow last quarter ($483.0M vs $22.9M). Over the past eight quarters, EASTMAN KODAK CO's revenue compounded faster (7.9% CAGR vs -1.9%).

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 Eastman Kodak Company, referred to simply as Kodak, is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York, and is incorporated in New Jersey. It is best known for photographic film products, which it brought to a mass market for the first time.

APOG vs KODK — Head-to-Head

Bigger by revenue
APOG
APOG
1.2× larger
APOG
$348.6M
$290.0M
KODK
Growing faster (revenue YoY)
KODK
KODK
+6.9% gap
KODK
9.0%
2.1%
APOG
Higher net margin
APOG
APOG
42.0% more per $
APOG
4.7%
-37.2%
KODK
More free cash flow
KODK
KODK
$460.1M more FCF
KODK
$483.0M
$22.9M
APOG
Faster 2-yr revenue CAGR
KODK
KODK
Annualised
KODK
7.9%
-1.9%
APOG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
APOG
APOG
KODK
KODK
Revenue
$348.6M
$290.0M
Net Profit
$16.5M
$-108.0M
Gross Margin
23.8%
23.1%
Operating Margin
7.1%
-0.3%
Net Margin
4.7%
-37.2%
Revenue YoY
2.1%
9.0%
Net Profit YoY
-21.2%
-515.4%
EPS (diluted)
$0.77
$-1.22

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.

Revenue
APOG
APOG
KODK
KODK
Q4 25
$348.6M
$290.0M
Q3 25
$358.2M
$269.0M
Q2 25
$346.6M
$263.0M
Q1 25
$345.7M
$247.0M
Q4 24
$341.3M
$266.0M
Q3 24
$342.4M
$261.0M
Q2 24
$331.5M
$267.0M
Q1 24
$361.8M
$249.0M
Net Profit
APOG
APOG
KODK
KODK
Q4 25
$16.5M
$-108.0M
Q3 25
$23.6M
$13.0M
Q2 25
$-2.7M
$-26.0M
Q1 25
$2.5M
$-7.0M
Q4 24
$21.0M
$26.0M
Q3 24
$30.6M
$18.0M
Q2 24
$31.0M
$26.0M
Q1 24
$15.7M
$32.0M
Gross Margin
APOG
APOG
KODK
KODK
Q4 25
23.8%
23.1%
Q3 25
23.1%
25.3%
Q2 25
21.7%
19.4%
Q1 25
21.6%
18.6%
Q4 24
26.1%
19.2%
Q3 24
28.4%
17.2%
Q2 24
29.8%
21.7%
Q1 24
24.4%
19.7%
Operating Margin
APOG
APOG
KODK
KODK
Q4 25
7.1%
-0.3%
Q3 25
7.5%
7.1%
Q2 25
2.0%
-1.9%
Q1 25
1.8%
-5.3%
Q4 24
8.4%
-3.0%
Q3 24
12.3%
-3.1%
Q2 24
12.5%
0.7%
Q1 24
6.0%
2.8%
Net Margin
APOG
APOG
KODK
KODK
Q4 25
4.7%
-37.2%
Q3 25
6.6%
4.8%
Q2 25
-0.8%
-9.9%
Q1 25
0.7%
-2.8%
Q4 24
6.1%
9.8%
Q3 24
8.9%
6.9%
Q2 24
9.4%
9.7%
Q1 24
4.3%
12.9%
EPS (diluted)
APOG
APOG
KODK
KODK
Q4 25
$0.77
$-1.22
Q3 25
$1.10
$-0.08
Q2 25
$-0.13
$-0.36
Q1 25
$0.12
$-0.12
Q4 24
$0.96
$0.22
Q3 24
$1.40
$0.15
Q2 24
$1.41
$0.23
Q1 24
$0.71
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APOG
APOG
KODK
KODK
Cash + ST InvestmentsLiquidity on hand
$41.3M
$436.0M
Total DebtLower is stronger
$209.0M
Stockholders' EquityBook value
$512.3M
$614.0M
Total Assets
$1.1B
$1.6B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APOG
APOG
KODK
KODK
Q4 25
$41.3M
$436.0M
Q3 25
$39.5M
$168.0M
Q2 25
$32.8M
$155.0M
Q1 25
$41.4M
$158.0M
Q4 24
$43.9M
$201.0M
Q3 24
$51.0M
$214.0M
Q2 24
$30.4M
$251.0M
Q1 24
$37.2M
$262.0M
Total Debt
APOG
APOG
KODK
KODK
Q4 25
$209.0M
Q3 25
Q2 25
Q1 25
$285.0M
Q4 24
$467.0M
Q3 24
Q2 24
Q1 24
$62.0M
Stockholders' Equity
APOG
APOG
KODK
KODK
Q4 25
$512.3M
$614.0M
Q3 25
$500.2M
$762.0M
Q2 25
$481.8M
$528.0M
Q1 25
$487.9M
$563.0M
Q4 24
$522.1M
$641.0M
Q3 24
$506.4M
$982.0M
Q2 24
$480.0M
$961.0M
Q1 24
$471.0M
$951.0M
Total Assets
APOG
APOG
KODK
KODK
Q4 25
$1.1B
$1.6B
Q3 25
$1.2B
$2.1B
Q2 25
$1.2B
$1.9B
Q1 25
$1.2B
$1.9B
Q4 24
$1.2B
$2.0B
Q3 24
$917.1M
$2.4B
Q2 24
$889.0M
$2.4B
Q1 24
$884.1M
$2.3B
Debt / Equity
APOG
APOG
KODK
KODK
Q4 25
0.34×
Q3 25
Q2 25
Q1 25
0.58×
Q4 24
0.73×
Q3 24
Q2 24
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APOG
APOG
KODK
KODK
Operating Cash FlowLast quarter
$29.3M
$489.0M
Free Cash FlowOCF − Capex
$22.9M
$483.0M
FCF MarginFCF / Revenue
6.6%
166.6%
Capex IntensityCapex / Revenue
1.9%
2.1%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$67.4M
$446.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APOG
APOG
KODK
KODK
Q4 25
$29.3M
$489.0M
Q3 25
$57.1M
$21.0M
Q2 25
$-19.8M
$8.0M
Q1 25
$30.0M
$-38.0M
Q4 24
$31.0M
$4.0M
Q3 24
$58.7M
$-21.0M
Q2 24
$5.5M
$-7.0M
Q1 24
$74.9M
$17.0M
Free Cash Flow
APOG
APOG
KODK
KODK
Q4 25
$22.9M
$483.0M
Q3 25
$52.4M
$17.0M
Q2 25
$-26.9M
$-4.0M
Q1 25
$19.1M
$-50.0M
Q4 24
$22.0M
$-13.0M
Q3 24
$50.2M
$-41.0M
Q2 24
$-1.8M
$-16.0M
Q1 24
$58.7M
$7.0M
FCF Margin
APOG
APOG
KODK
KODK
Q4 25
6.6%
166.6%
Q3 25
14.6%
6.3%
Q2 25
-7.8%
-1.5%
Q1 25
5.5%
-20.2%
Q4 24
6.4%
-4.9%
Q3 24
14.7%
-15.7%
Q2 24
-0.5%
-6.0%
Q1 24
16.2%
2.8%
Capex Intensity
APOG
APOG
KODK
KODK
Q4 25
1.9%
2.1%
Q3 25
1.3%
1.5%
Q2 25
2.1%
4.6%
Q1 25
3.2%
4.9%
Q4 24
2.6%
6.4%
Q3 24
2.5%
7.7%
Q2 24
2.2%
3.4%
Q1 24
4.5%
4.0%
Cash Conversion
APOG
APOG
KODK
KODK
Q4 25
1.77×
Q3 25
2.41×
1.62×
Q2 25
Q1 25
12.08×
Q4 24
1.48×
0.15×
Q3 24
1.92×
-1.17×
Q2 24
0.18×
-0.27×
Q1 24
4.76×
0.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APOG
APOG

Transferred At Point In Time$163.0M47%
Architectural Services Segment$105.2M30%
Performance Surfaces$53.0M15%
UW Interco LLC$27.9M8%

KODK
KODK

Segment Continuing Operations$195.0M67%
Advanced Materials And Chemicals$85.0M29%
Other$7.0M2%
All Other$3.0M1%

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