vs
Side-by-side financial comparison of Arhaus, Inc. (ARHS) and AeroVironment Inc (AVAV). Click either name above to swap in a different company.
AeroVironment Inc is the larger business by last-quarter revenue ($472.5M vs $364.8M, roughly 1.3× Arhaus, Inc.). Arhaus, Inc. runs the higher net margin — 4.1% vs -3.6%, a 7.8% gap on every dollar of revenue. On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs 5.1%). Arhaus, Inc. produced more free cash flow last quarter ($-8.8M vs $-55.9M). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs 11.2%).
Arhaus, Inc.ARHSEarnings & Financial Report
Arhaus, Inc. is an upscale American home furnishings company headquartered in Boston Heights, Ohio. Founded in 1986 with a focus on sustainability and artisanship in product quality, Arhaus provides a diversified assortment of specialty goods and services addressing omnichannel direct-to-consumer and business-to-business residential and commercial operations.
AeroVironment, Inc., also known as AV, is an American defense technology company headquartered in Arlington, Virginia that designs and manufactures autonomous systems, counter-UAS systems, and space systems. The company was founded in 1971 by Paul B. MacCready Jr., a designer of human-powered aircraft. The company provides the US Department of Defense and foreign militaries with small and medium-sized drones—notably the Raven, Switchblade, Wasp, and Puma. Through its acquisition of BlueHalo i...
ARHS vs AVAV — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $364.8M | $472.5M |
| Net Profit | $15.1M | $-17.1M |
| Gross Margin | 38.1% | 22.0% |
| Operating Margin | 5.6% | -6.4% |
| Net Margin | 4.1% | -3.6% |
| Revenue YoY | 5.1% | 181.9% |
| Net Profit YoY | -29.1% | -875.1% |
| EPS (diluted) | $0.11 | $-0.34 |
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 | $364.8M | $472.5M | ||
| Q3 25 | $344.6M | $454.7M | ||
| Q2 25 | $358.4M | $275.1M | ||
| Q1 25 | $311.4M | $167.6M | ||
| Q4 24 | $347.0M | $188.5M | ||
| Q3 24 | $319.1M | $189.5M | ||
| Q2 24 | $309.8M | $197.0M | ||
| Q1 24 | $295.2M | $186.6M |
| Q4 25 | $15.1M | $-17.1M | ||
| Q3 25 | $12.2M | $-67.4M | ||
| Q2 25 | $35.1M | $16.7M | ||
| Q1 25 | $4.9M | $-1.8M | ||
| Q4 24 | $21.3M | $7.5M | ||
| Q3 24 | $9.9M | $21.2M | ||
| Q2 24 | $22.2M | $6.0M | ||
| Q1 24 | $15.1M | $13.9M |
| Q4 25 | 38.1% | 22.0% | ||
| Q3 25 | 38.7% | 20.9% | ||
| Q2 25 | 41.4% | 36.5% | ||
| Q1 25 | 37.1% | 37.7% | ||
| Q4 24 | 40.0% | 39.1% | ||
| Q3 24 | 38.6% | 43.0% | ||
| Q2 24 | 40.1% | 38.4% | ||
| Q1 24 | 39.0% | 36.1% |
| Q4 25 | 5.6% | -6.4% | ||
| Q3 25 | 4.8% | -15.2% | ||
| Q2 25 | 13.0% | 5.0% | ||
| Q1 25 | 1.7% | -1.8% | ||
| Q4 24 | 8.2% | 3.7% | ||
| Q3 24 | 3.3% | 12.2% | ||
| Q2 24 | 9.5% | 3.0% | ||
| Q1 24 | 6.2% | 7.7% |
| Q4 25 | 4.1% | -3.6% | ||
| Q3 25 | 3.5% | -14.8% | ||
| Q2 25 | 9.8% | 6.1% | ||
| Q1 25 | 1.6% | -1.0% | ||
| Q4 24 | 6.1% | 4.0% | ||
| Q3 24 | 3.1% | 11.2% | ||
| Q2 24 | 7.2% | 3.1% | ||
| Q1 24 | 5.1% | 7.4% |
| Q4 25 | $0.11 | $-0.34 | ||
| Q3 25 | $0.09 | $-1.44 | ||
| Q2 25 | $0.25 | $0.59 | ||
| Q1 25 | $0.03 | $-0.06 | ||
| Q4 24 | $0.15 | $0.27 | ||
| Q3 24 | $0.07 | $0.75 | ||
| Q2 24 | $0.16 | $0.18 | ||
| Q1 24 | $0.11 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $253.4M | $588.5M |
| Total DebtLower is stronger | — | $747.5M |
| Stockholders' EquityBook value | $418.2M | $4.4B |
| Total Assets | $1.4B | $5.6B |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $588.5M | ||
| Q3 25 | $262.2M | $685.8M | ||
| Q2 25 | $234.8M | $40.9M | ||
| Q1 25 | $214.4M | $47.0M | ||
| Q4 24 | $197.5M | $69.0M | ||
| Q3 24 | $177.7M | $81.2M | ||
| Q2 24 | $174.2M | $73.3M | ||
| Q1 24 | $233.2M | $107.7M |
| Q4 25 | — | $747.5M | ||
| Q3 25 | — | $747.5M | ||
| Q2 25 | — | $30.0M | ||
| Q1 25 | — | $25.0M | ||
| Q4 24 | — | $15.0M | ||
| Q3 24 | — | $17.5M | ||
| Q2 24 | — | $28.0M | ||
| Q1 24 | — | $40.0M |
| Q4 25 | $418.2M | $4.4B | ||
| Q3 25 | $400.4M | $4.4B | ||
| Q2 25 | $385.6M | $886.5M | ||
| Q1 25 | $348.8M | $861.1M | ||
| Q4 24 | $343.7M | $858.4M | ||
| Q3 24 | $320.6M | $845.5M | ||
| Q2 24 | $309.3M | $822.7M | ||
| Q1 24 | $285.6M | $813.0M |
| Q4 25 | $1.4B | $5.6B | ||
| Q3 25 | $1.4B | $5.6B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $1.2B | $999.2M | ||
| Q2 24 | $1.2B | $1.0B | ||
| Q1 24 | $1.2B | $980.3M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.03× | ||
| Q1 24 | — | 0.05× |
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 | $9.3M | $-45.1M |
| Free Cash FlowOCF − Capex | $-8.8M | $-55.9M |
| FCF MarginFCF / Revenue | -2.4% | -11.8% |
| Capex IntensityCapex / Revenue | 5.0% | 2.3% |
| Cash ConversionOCF / Net Profit | 0.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $-240.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $-45.1M | ||
| Q3 25 | $46.1M | $-123.7M | ||
| Q2 25 | $34.9M | $-264.0K | ||
| Q1 25 | $46.5M | $-25.8M | ||
| Q4 24 | $31.7M | $-3.6M | ||
| Q3 24 | $31.1M | $28.4M | ||
| Q2 24 | $47.5M | $-11.7M | ||
| Q1 24 | $36.8M | $52.6M |
| Q4 25 | $-8.8M | $-55.9M | ||
| Q3 25 | $28.0M | $-146.5M | ||
| Q2 25 | $20.9M | $-8.8M | ||
| Q1 25 | $18.9M | $-29.6M | ||
| Q4 24 | $13.0M | $-8.7M | ||
| Q3 24 | $4.6M | $22.9M | ||
| Q2 24 | $11.3M | $-20.8M | ||
| Q1 24 | $10.9M | $48.8M |
| Q4 25 | -2.4% | -11.8% | ||
| Q3 25 | 8.1% | -32.2% | ||
| Q2 25 | 5.8% | -3.2% | ||
| Q1 25 | 6.1% | -17.7% | ||
| Q4 24 | 3.7% | -4.6% | ||
| Q3 24 | 1.4% | 12.1% | ||
| Q2 24 | 3.6% | -10.5% | ||
| Q1 24 | 3.7% | 26.1% |
| Q4 25 | 5.0% | 2.3% | ||
| Q3 25 | 5.3% | 5.0% | ||
| Q2 25 | 3.9% | 3.1% | ||
| Q1 25 | 8.9% | 2.3% | ||
| Q4 24 | 5.4% | 2.7% | ||
| Q3 24 | 8.3% | 2.9% | ||
| Q2 24 | 11.7% | 4.6% | ||
| Q1 24 | 8.8% | 2.0% |
| Q4 25 | 0.62× | — | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | -0.02× | ||
| Q1 25 | 9.53× | — | ||
| Q4 24 | 1.49× | -0.48× | ||
| Q3 24 | 3.14× | 1.34× | ||
| Q2 24 | 2.14× | -1.93× | ||
| Q1 24 | 2.44× | 3.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
