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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and YETI Holdings, Inc. (YETI). Click either name above to swap in a different company.
YETI Holdings, Inc. is the larger business by last-quarter revenue ($487.8M vs $351.4M, roughly 1.4× APOGEE ENTERPRISES, INC.). YETI Holdings, Inc. runs the higher net margin — 8.1% vs 4.7%, a 3.3% gap on every dollar of revenue. On growth, YETI Holdings, Inc. posted the faster year-over-year revenue change (1.9% vs 1.6%). Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs -3.1%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
YETI Holdings, Inc. is an American brand of outdoor recreation products, headquartered in Austin, Texas, specializing in outdoor products such as ice chests, vacuum-insulated stainless-steel drinkware, soft coolers, dry bags, and related accessories.
APOG vs YETI — Head-to-Head
Income Statement — Q4 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $487.8M |
| Net Profit | $16.6M | $39.4M |
| Gross Margin | 22.4% | 55.9% |
| Operating Margin | 7.3% | 11.1% |
| Net Margin | 4.7% | 8.1% |
| Revenue YoY | 1.6% | 1.9% |
| Net Profit YoY | 568.8% | -30.0% |
| EPS (diluted) | $0.78 | $0.48 |
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 | — | ||
| Q3 25 | $358.2M | $487.8M | ||
| Q2 25 | $346.6M | $445.9M | ||
| Q1 25 | $345.7M | $351.1M | ||
| Q4 24 | $341.3M | $546.5M | ||
| Q3 24 | $342.4M | $478.4M | ||
| Q2 24 | $331.5M | $463.5M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | — | ||
| Q3 25 | $23.6M | $39.4M | ||
| Q2 25 | $-2.7M | $51.2M | ||
| Q1 25 | $2.5M | $16.6M | ||
| Q4 24 | $21.0M | $53.2M | ||
| Q3 24 | $30.6M | $56.3M | ||
| Q2 24 | $31.0M | $50.4M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | 55.9% | ||
| Q2 25 | 21.7% | 57.8% | ||
| Q1 25 | 21.6% | 57.4% | ||
| Q4 24 | 26.1% | 59.7% | ||
| Q3 24 | 28.4% | 58.0% | ||
| Q2 24 | 29.8% | 57.0% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | 11.1% | ||
| Q2 25 | 2.0% | 13.9% | ||
| Q1 25 | 1.8% | 6.2% | ||
| Q4 24 | 8.4% | 15.1% | ||
| Q3 24 | 12.3% | 14.6% | ||
| Q2 24 | 12.5% | 14.5% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 6.6% | 8.1% | ||
| Q2 25 | -0.8% | 11.5% | ||
| Q1 25 | 0.7% | 4.7% | ||
| Q4 24 | 6.1% | 9.7% | ||
| Q3 24 | 8.9% | 11.8% | ||
| Q2 24 | 9.4% | 10.9% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | $0.48 | ||
| Q2 25 | $-0.13 | $0.61 | ||
| Q1 25 | $0.12 | $0.20 | ||
| Q4 24 | $0.96 | $0.62 | ||
| Q3 24 | $1.40 | $0.66 | ||
| Q2 24 | $1.41 | $0.59 |
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 | — |
| Stockholders' EquityBook value | $511.8M | $702.6M |
| Total Assets | $1.1B | $1.3B |
| Debt / EquityLower = less leverage | 0.45× | — |
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 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | $72.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | — | ||
| Q3 25 | $500.2M | $702.6M | ||
| Q2 25 | $481.8M | $802.7M | ||
| Q1 25 | $487.9M | $764.3M | ||
| Q4 24 | $522.1M | $740.1M | ||
| Q3 24 | $506.4M | $770.0M | ||
| Q2 24 | $480.0M | $705.9M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $917.1M | $1.3B | ||
| Q2 24 | $889.0M | $1.2B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | 0.10× | ||
| 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 | $100.9M |
| Free Cash FlowOCF − Capex | — | $89.1M |
| FCF MarginFCF / Revenue | — | 18.3% |
| Capex IntensityCapex / Revenue | 7.8% | 2.4% |
| Cash ConversionOCF / Net Profit | 7.37× | 2.56× |
| TTM Free Cash FlowTrailing 4 quarters | — | $265.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | — | ||
| Q3 25 | $57.1M | $100.9M | ||
| Q2 25 | $-19.8M | $61.2M | ||
| Q1 25 | $30.0M | $-80.3M | ||
| Q4 24 | $31.0M | $225.6M | ||
| Q3 24 | $58.7M | $83.5M | ||
| Q2 24 | $5.5M | $56.0M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | $89.1M | ||
| Q2 25 | $-26.9M | $50.2M | ||
| Q1 25 | $19.1M | $-89.2M | ||
| Q4 24 | $22.0M | $215.1M | ||
| Q3 24 | $50.2M | $73.8M | ||
| Q2 24 | $-1.8M | $45.0M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | 18.3% | ||
| Q2 25 | -7.8% | 11.2% | ||
| Q1 25 | 5.5% | -25.4% | ||
| Q4 24 | 6.4% | 39.4% | ||
| Q3 24 | 14.7% | 15.4% | ||
| Q2 24 | -0.5% | 9.7% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | 2.4% | ||
| Q2 25 | 2.1% | 2.5% | ||
| Q1 25 | 3.2% | 2.5% | ||
| Q4 24 | 2.6% | 1.9% | ||
| Q3 24 | 2.5% | 2.0% | ||
| Q2 24 | 2.2% | 2.4% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 2.56× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | 12.08× | -4.83× | ||
| Q4 24 | 1.48× | 4.24× | ||
| Q3 24 | 1.92× | 1.48× | ||
| Q2 24 | 0.18× | 1.11× |
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% |
YETI
| Drinkware | $263.8M | 54% |
| Coolers And Equipment | $215.4M | 44% |
| Other | $8.6M | 2% |
