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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and IPG PHOTONICS CORP (IPGP). Click either name above to swap in a different company.
Arhaus, Inc. is the larger business by last-quarter revenue ($364.8M vs $274.5M, roughly 1.3× IPG PHOTONICS CORP). IPG PHOTONICS CORP runs the higher net margin — 4.8% vs 4.1%, a 0.7% gap on every dollar of revenue. On growth, IPG PHOTONICS CORP posted the faster year-over-year revenue change (17.1% vs 5.1%). IPG PHOTONICS CORP produced more free cash flow last quarter ($10.9M vs $-8.8M). Over the past eight quarters, Arhaus, Inc.'s revenue compounded faster (11.2% CAGR vs 4.4%).
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.
IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.
ARHS vs IPGP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $364.8M | $274.5M |
| Net Profit | $15.1M | $13.3M |
| Gross Margin | 38.1% | 36.1% |
| Operating Margin | 5.6% | 1.2% |
| Net Margin | 4.1% | 4.8% |
| Revenue YoY | 5.1% | 17.1% |
| Net Profit YoY | -29.1% | 69.8% |
| EPS (diluted) | $0.11 | $0.30 |
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 | $274.5M | ||
| Q3 25 | $344.6M | $250.8M | ||
| Q2 25 | $358.4M | $250.7M | ||
| Q1 25 | $311.4M | $227.8M | ||
| Q4 24 | $347.0M | $234.3M | ||
| Q3 24 | $319.1M | $233.1M | ||
| Q2 24 | $309.8M | $257.6M | ||
| Q1 24 | $295.2M | $252.0M |
| Q4 25 | $15.1M | $13.3M | ||
| Q3 25 | $12.2M | $7.5M | ||
| Q2 25 | $35.1M | $6.6M | ||
| Q1 25 | $4.9M | $3.8M | ||
| Q4 24 | $21.3M | $7.8M | ||
| Q3 24 | $9.9M | $-233.6M | ||
| Q2 24 | $22.2M | $20.2M | ||
| Q1 24 | $15.1M | $24.1M |
| Q4 25 | 38.1% | 36.1% | ||
| Q3 25 | 38.7% | 39.5% | ||
| Q2 25 | 41.4% | 37.3% | ||
| Q1 25 | 37.1% | 39.4% | ||
| Q4 24 | 40.0% | 38.6% | ||
| Q3 24 | 38.6% | 23.2% | ||
| Q2 24 | 40.1% | 37.3% | ||
| Q1 24 | 39.0% | 38.7% |
| Q4 25 | 5.6% | 1.2% | ||
| Q3 25 | 4.8% | 3.1% | ||
| Q2 25 | 13.0% | 0.0% | ||
| Q1 25 | 1.7% | 0.8% | ||
| Q4 24 | 8.2% | 6.0% | ||
| Q3 24 | 3.3% | -108.7% | ||
| Q2 24 | 9.5% | 4.7% | ||
| Q1 24 | 6.2% | 7.6% |
| Q4 25 | 4.1% | 4.8% | ||
| Q3 25 | 3.5% | 3.0% | ||
| Q2 25 | 9.8% | 2.6% | ||
| Q1 25 | 1.6% | 1.6% | ||
| Q4 24 | 6.1% | 3.3% | ||
| Q3 24 | 3.1% | -100.2% | ||
| Q2 24 | 7.2% | 7.8% | ||
| Q1 24 | 5.1% | 9.6% |
| Q4 25 | $0.11 | $0.30 | ||
| Q3 25 | $0.09 | $0.18 | ||
| Q2 25 | $0.25 | $0.16 | ||
| Q1 25 | $0.03 | $0.09 | ||
| Q4 24 | $0.15 | $0.27 | ||
| Q3 24 | $0.07 | $-5.33 | ||
| Q2 24 | $0.16 | $0.45 | ||
| Q1 24 | $0.11 | $0.52 |
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 | $839.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $418.2M | $2.1B |
| Total Assets | $1.4B | $2.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $839.3M | ||
| Q3 25 | $262.2M | $870.4M | ||
| Q2 25 | $234.8M | $899.6M | ||
| Q1 25 | $214.4M | $926.9M | ||
| Q4 24 | $197.5M | $930.2M | ||
| Q3 24 | $177.7M | $1.0B | ||
| Q2 24 | $174.2M | $1.1B | ||
| Q1 24 | $233.2M | $1.1B |
| Q4 25 | $418.2M | $2.1B | ||
| Q3 25 | $400.4M | $2.1B | ||
| Q2 25 | $385.6M | $2.1B | ||
| Q1 25 | $348.8M | $2.1B | ||
| Q4 24 | $343.7M | $2.0B | ||
| Q3 24 | $320.6M | $2.1B | ||
| Q2 24 | $309.3M | $2.3B | ||
| Q1 24 | $285.6M | $2.3B |
| Q4 25 | $1.4B | $2.4B | ||
| Q3 25 | $1.4B | $2.4B | ||
| Q2 25 | $1.3B | $2.4B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $2.4B | ||
| Q2 24 | $1.2B | $2.5B | ||
| Q1 24 | $1.2B | $2.6B |
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 | $28.8M |
| Free Cash FlowOCF − Capex | $-8.8M | $10.9M |
| FCF MarginFCF / Revenue | -2.4% | 4.0% |
| Capex IntensityCapex / Revenue | 5.0% | 6.5% |
| Cash ConversionOCF / Net Profit | 0.62× | 2.17× |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $-3.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $28.8M | ||
| Q3 25 | $46.1M | $35.3M | ||
| Q2 25 | $34.9M | $-2.2M | ||
| Q1 25 | $46.5M | $13.4M | ||
| Q4 24 | $31.7M | $73.8M | ||
| Q3 24 | $31.1M | $66.1M | ||
| Q2 24 | $47.5M | $53.5M | ||
| Q1 24 | $36.8M | $54.6M |
| Q4 25 | $-8.8M | $10.9M | ||
| Q3 25 | $28.0M | $14.6M | ||
| Q2 25 | $20.9M | $-17.6M | ||
| Q1 25 | $18.9M | $-11.4M | ||
| Q4 24 | $13.0M | $50.6M | ||
| Q3 24 | $4.6M | $43.0M | ||
| Q2 24 | $11.3M | $29.2M | ||
| Q1 24 | $10.9M | $26.5M |
| Q4 25 | -2.4% | 4.0% | ||
| Q3 25 | 8.1% | 5.8% | ||
| Q2 25 | 5.8% | -7.0% | ||
| Q1 25 | 6.1% | -5.0% | ||
| Q4 24 | 3.7% | 21.6% | ||
| Q3 24 | 1.4% | 18.4% | ||
| Q2 24 | 3.6% | 11.3% | ||
| Q1 24 | 3.7% | 10.5% |
| Q4 25 | 5.0% | 6.5% | ||
| Q3 25 | 5.3% | 8.3% | ||
| Q2 25 | 3.9% | 6.1% | ||
| Q1 25 | 8.9% | 10.9% | ||
| Q4 24 | 5.4% | 9.9% | ||
| Q3 24 | 8.3% | 9.9% | ||
| Q2 24 | 11.7% | 9.4% | ||
| Q1 24 | 8.8% | 11.1% |
| Q4 25 | 0.62× | 2.17× | ||
| Q3 25 | 3.77× | 4.73× | ||
| Q2 25 | 1.00× | -0.34× | ||
| Q1 25 | 9.53× | 3.58× | ||
| Q4 24 | 1.49× | 9.44× | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | 2.65× | ||
| Q1 24 | 2.44× | 2.27× |
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% |
IPGP
| Materials Processing | $232.8M | 85% |
| Laser And Non Laser Systems | $38.8M | 14% |
| Transferred Over Time | $5.3M | 2% |
