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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and Douglas Elliman Inc. (DOUG). Click either name above to swap in a different company.
Arhaus, Inc. is the larger business by last-quarter revenue ($364.8M vs $245.4M, roughly 1.5× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 4.1%, a 23.8% gap on every dollar of revenue. On growth, Arhaus, Inc. posted the faster year-over-year revenue change (5.1% vs 0.9%). Arhaus, Inc. produced more free cash flow last quarter ($-8.8M vs $-14.7M). Over the past eight quarters, Arhaus, Inc.'s revenue compounded faster (11.2% CAGR vs 10.7%).
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.
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
ARHS vs DOUG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $364.8M | $245.4M |
| Net Profit | $15.1M | $68.6M |
| Gross Margin | 38.1% | — |
| Operating Margin | 5.6% | 27.3% |
| Net Margin | 4.1% | 27.9% |
| Revenue YoY | 5.1% | 0.9% |
| Net Profit YoY | -29.1% | 1243.4% |
| EPS (diluted) | $0.11 | $0.80 |
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 | $245.4M | ||
| Q3 25 | $344.6M | $262.8M | ||
| Q2 25 | $358.4M | $271.4M | ||
| Q1 25 | $311.4M | $253.4M | ||
| Q4 24 | $347.0M | $243.3M | ||
| Q3 24 | $319.1M | $266.3M | ||
| Q2 24 | $309.8M | $285.8M | ||
| Q1 24 | $295.2M | $200.2M |
| Q4 25 | $15.1M | $68.6M | ||
| Q3 25 | $12.2M | $-24.7M | ||
| Q2 25 | $35.1M | $-22.7M | ||
| Q1 25 | $4.9M | $-6.0M | ||
| Q4 24 | $21.3M | $-6.0M | ||
| Q3 24 | $9.9M | $-27.2M | ||
| Q2 24 | $22.2M | $-1.7M | ||
| Q1 24 | $15.1M | $-41.5M |
| Q4 25 | 38.1% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 41.4% | — | ||
| Q1 25 | 37.1% | — | ||
| Q4 24 | 40.0% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 40.1% | — | ||
| Q1 24 | 39.0% | — |
| Q4 25 | 5.6% | 27.3% | ||
| Q3 25 | 4.8% | -4.1% | ||
| Q2 25 | 13.0% | -2.0% | ||
| Q1 25 | 1.7% | -2.1% | ||
| Q4 24 | 8.2% | -6.7% | ||
| Q3 24 | 3.3% | -2.8% | ||
| Q2 24 | 9.5% | -1.3% | ||
| Q1 24 | 6.2% | -20.7% |
| Q4 25 | 4.1% | 27.9% | ||
| Q3 25 | 3.5% | -9.4% | ||
| Q2 25 | 9.8% | -8.4% | ||
| Q1 25 | 1.6% | -2.4% | ||
| Q4 24 | 6.1% | -2.5% | ||
| Q3 24 | 3.1% | -10.2% | ||
| Q2 24 | 7.2% | -0.6% | ||
| Q1 24 | 5.1% | -20.7% |
| Q4 25 | $0.11 | $0.80 | ||
| Q3 25 | $0.09 | $-0.29 | ||
| Q2 25 | $0.25 | $-0.27 | ||
| Q1 25 | $0.03 | $-0.07 | ||
| Q4 24 | $0.15 | $-0.06 | ||
| Q3 24 | $0.07 | $-0.33 | ||
| Q2 24 | $0.16 | $-0.02 | ||
| 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 | $115.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $418.2M | $183.9M |
| Total Assets | $1.4B | $444.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $115.5M | ||
| Q3 25 | $262.2M | $143.0M | ||
| Q2 25 | $234.8M | $136.3M | ||
| Q1 25 | $214.4M | $136.8M | ||
| Q4 24 | $197.5M | $145.5M | ||
| Q3 24 | $177.7M | $151.4M | ||
| Q2 24 | $174.2M | $92.9M | ||
| Q1 24 | $233.2M | $91.5M |
| Q4 25 | $418.2M | $183.9M | ||
| Q3 25 | $400.4M | $115.1M | ||
| Q2 25 | $385.6M | $137.6M | ||
| Q1 25 | $348.8M | $158.2M | ||
| Q4 24 | $343.7M | $162.2M | ||
| Q3 24 | $320.6M | $173.6M | ||
| Q2 24 | $309.3M | $196.9M | ||
| Q1 24 | $285.6M | $195.1M |
| Q4 25 | $1.4B | $444.4M | ||
| Q3 25 | $1.4B | $480.6M | ||
| Q2 25 | $1.3B | $489.0M | ||
| Q1 25 | $1.3B | $493.9M | ||
| Q4 24 | $1.2B | $493.9M | ||
| Q3 24 | $1.2B | $502.7M | ||
| Q2 24 | $1.2B | $463.9M | ||
| Q1 24 | $1.2B | $461.1M |
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 | $-14.4M |
| Free Cash FlowOCF − Capex | $-8.8M | $-14.7M |
| FCF MarginFCF / Revenue | -2.4% | -6.0% |
| Capex IntensityCapex / Revenue | 5.0% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.62× | -0.21× |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $-17.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $-14.4M | ||
| Q3 25 | $46.1M | $5.5M | ||
| Q2 25 | $34.9M | $642.0K | ||
| Q1 25 | $46.5M | $-5.6M | ||
| Q4 24 | $31.7M | $-9.0M | ||
| Q3 24 | $31.1M | $9.0M | ||
| Q2 24 | $47.5M | $1.3M | ||
| Q1 24 | $36.8M | $-27.3M |
| Q4 25 | $-8.8M | $-14.7M | ||
| Q3 25 | $28.0M | $4.7M | ||
| Q2 25 | $20.9M | $-575.0K | ||
| Q1 25 | $18.9M | $-6.7M | ||
| Q4 24 | $13.0M | $-10.2M | ||
| Q3 24 | $4.6M | $7.7M | ||
| Q2 24 | $11.3M | $432.0K | ||
| Q1 24 | $10.9M | $-29.4M |
| Q4 25 | -2.4% | -6.0% | ||
| Q3 25 | 8.1% | 1.8% | ||
| Q2 25 | 5.8% | -0.2% | ||
| Q1 25 | 6.1% | -2.6% | ||
| Q4 24 | 3.7% | -4.2% | ||
| Q3 24 | 1.4% | 2.9% | ||
| Q2 24 | 3.6% | 0.2% | ||
| Q1 24 | 3.7% | -14.7% |
| Q4 25 | 5.0% | 0.1% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 3.9% | 0.4% | ||
| Q1 25 | 8.9% | 0.4% | ||
| Q4 24 | 5.4% | 0.5% | ||
| Q3 24 | 8.3% | 0.5% | ||
| Q2 24 | 11.7% | 0.3% | ||
| Q1 24 | 8.8% | 1.0% |
| Q4 25 | 0.62× | -0.21× | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 9.53× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | — |
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% |
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
