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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and loanDepot, Inc. (LDI). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($348.6M vs $310.3M, roughly 1.1× loanDepot, Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -7.2%, a 12.0% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs 2.1%). APOGEE ENTERPRISES, INC. produced more free cash flow last quarter ($22.9M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% 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.
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
APOG vs LDI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $348.6M | $310.3M |
| Net Profit | $16.5M | $-22.5M |
| Gross Margin | 23.8% | — |
| Operating Margin | 7.1% | -10.3% |
| Net Margin | 4.7% | -7.2% |
| Revenue YoY | 2.1% | 20.5% |
| Net Profit YoY | -21.2% | 32.4% |
| EPS (diluted) | $0.77 | — |
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 | $348.6M | $310.3M | ||
| Q3 25 | $358.2M | $323.3M | ||
| Q2 25 | $346.6M | $282.5M | ||
| Q1 25 | $345.7M | $273.6M | ||
| Q4 24 | $341.3M | $257.5M | ||
| Q3 24 | $342.4M | $314.6M | ||
| Q2 24 | $331.5M | $265.4M | ||
| Q1 24 | $361.8M | $222.8M |
| Q4 25 | $16.5M | $-22.5M | ||
| Q3 25 | $23.6M | $-4.9M | ||
| Q2 25 | $-2.7M | $-13.4M | ||
| Q1 25 | $2.5M | $-21.9M | ||
| Q4 24 | $21.0M | $-33.2M | ||
| Q3 24 | $30.6M | $1.4M | ||
| Q2 24 | $31.0M | $-32.2M | ||
| Q1 24 | $15.7M | $-34.3M |
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — | ||
| Q1 24 | 24.4% | — |
| Q4 25 | 7.1% | -10.3% | ||
| Q3 25 | 7.5% | -3.2% | ||
| Q2 25 | 2.0% | -11.4% | ||
| Q1 25 | 1.8% | -16.8% | ||
| Q4 24 | 8.4% | -32.7% | ||
| Q3 24 | 12.3% | 1.1% | ||
| Q2 24 | 12.5% | -29.1% | ||
| Q1 24 | 6.0% | -38.2% |
| Q4 25 | 4.7% | -7.2% | ||
| Q3 25 | 6.6% | -1.5% | ||
| Q2 25 | -0.8% | -4.7% | ||
| Q1 25 | 0.7% | -8.0% | ||
| Q4 24 | 6.1% | -12.9% | ||
| Q3 24 | 8.9% | 0.4% | ||
| Q2 24 | 9.4% | -12.1% | ||
| Q1 24 | 4.3% | -15.4% |
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $0.12 | — | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | $0.01 | ||
| Q2 24 | $1.41 | $-0.18 | ||
| Q1 24 | $0.71 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $337.2M |
| Total DebtLower is stronger | — | $2.1B |
| Stockholders' EquityBook value | $512.3M | $386.0M |
| Total Assets | $1.1B | $6.9B |
| Debt / EquityLower = less leverage | — | 5.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.3M | $337.2M | ||
| Q3 25 | $39.5M | $459.2M | ||
| Q2 25 | $32.8M | $408.6M | ||
| Q1 25 | $41.4M | $371.5M | ||
| Q4 24 | $43.9M | $421.6M | ||
| Q3 24 | $51.0M | $483.0M | ||
| Q2 24 | $30.4M | $533.2M | ||
| Q1 24 | $37.2M | $603.7M |
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | $285.0M | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | $62.0M | $2.3B |
| Q4 25 | $512.3M | $386.0M | ||
| Q3 25 | $500.2M | $433.3M | ||
| Q2 25 | $481.8M | $439.1M | ||
| Q1 25 | $487.9M | $469.3M | ||
| Q4 24 | $522.1M | $506.6M | ||
| Q3 24 | $506.4M | $592.0M | ||
| Q2 24 | $480.0M | $578.9M | ||
| Q1 24 | $471.0M | $637.3M |
| Q4 25 | $1.1B | $6.9B | ||
| Q3 25 | $1.2B | $6.2B | ||
| Q2 25 | $1.2B | $6.2B | ||
| Q1 25 | $1.2B | $6.4B | ||
| Q4 24 | $1.2B | $6.3B | ||
| Q3 24 | $917.1M | $6.4B | ||
| Q2 24 | $889.0M | $5.9B | ||
| Q1 24 | $884.1M | $6.2B |
| Q4 25 | — | 5.44× | ||
| Q3 25 | — | 4.83× | ||
| Q2 25 | — | 4.70× | ||
| Q1 25 | 0.58× | 4.30× | ||
| Q4 24 | — | 4.00× | ||
| Q3 24 | — | 3.31× | ||
| Q2 24 | — | 3.41× | ||
| Q1 24 | 0.13× | 3.63× |
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 | $29.3M | $-638.7M |
| Free Cash FlowOCF − Capex | $22.9M | $-648.0M |
| FCF MarginFCF / Revenue | 6.6% | -208.9% |
| Capex IntensityCapex / Revenue | 1.9% | 3.0% |
| Cash ConversionOCF / Net Profit | 1.77× | — |
| TTM Free Cash FlowTrailing 4 quarters | $67.4M | $-734.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.3M | $-638.7M | ||
| Q3 25 | $57.1M | $43.4M | ||
| Q2 25 | $-19.8M | $67.6M | ||
| Q1 25 | $30.0M | $-179.9M | ||
| Q4 24 | $31.0M | $47.7M | ||
| Q3 24 | $58.7M | $-349.2M | ||
| Q2 24 | $5.5M | $-278.3M | ||
| Q1 24 | $74.9M | $-278.5M |
| Q4 25 | $22.9M | $-648.0M | ||
| Q3 25 | $52.4M | $38.7M | ||
| Q2 25 | $-26.9M | $61.4M | ||
| Q1 25 | $19.1M | $-186.7M | ||
| Q4 24 | $22.0M | $40.8M | ||
| Q3 24 | $50.2M | $-356.4M | ||
| Q2 24 | $-1.8M | $-285.7M | ||
| Q1 24 | $58.7M | $-283.3M |
| Q4 25 | 6.6% | -208.9% | ||
| Q3 25 | 14.6% | 12.0% | ||
| Q2 25 | -7.8% | 21.7% | ||
| Q1 25 | 5.5% | -68.2% | ||
| Q4 24 | 6.4% | 15.8% | ||
| Q3 24 | 14.7% | -113.3% | ||
| Q2 24 | -0.5% | -107.7% | ||
| Q1 24 | 16.2% | -127.2% |
| Q4 25 | 1.9% | 3.0% | ||
| Q3 25 | 1.3% | 1.5% | ||
| Q2 25 | 2.1% | 2.2% | ||
| Q1 25 | 3.2% | 2.5% | ||
| Q4 24 | 2.6% | 2.7% | ||
| Q3 24 | 2.5% | 2.3% | ||
| Q2 24 | 2.2% | 2.8% | ||
| Q1 24 | 4.5% | 2.1% |
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | -255.05× | ||
| Q2 24 | 0.18× | — | ||
| Q1 24 | 4.76× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Transferred At Point In Time | $163.0M | 47% |
| Architectural Services Segment | $105.2M | 30% |
| Performance Surfaces | $53.0M | 15% |
| UW Interco LLC | $27.9M | 8% |
LDI
Segment breakdown not available.
