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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $364.8M, roughly 1.1× Arhaus, Inc.). Paylocity Holding Corp runs the higher net margin — 13.0% vs 4.1%, a 8.8% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 5.1%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-8.8M). Over the past eight quarters, Arhaus, Inc.'s revenue compounded faster (11.2% CAGR vs 2.7%).
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.
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
ARHS vs PCTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $364.8M | $387.0M |
| Net Profit | $15.1M | $50.2M |
| Gross Margin | 38.1% | 72.9% |
| Operating Margin | 5.6% | 18.2% |
| Net Margin | 4.1% | 13.0% |
| Revenue YoY | 5.1% | 11.3% |
| Net Profit YoY | -29.1% | 34.0% |
| EPS (diluted) | $0.11 | $0.92 |
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 | $387.0M | ||
| Q3 25 | $344.6M | $378.9M | ||
| Q2 25 | $358.4M | $369.9M | ||
| Q1 25 | $311.4M | $421.1M | ||
| Q4 24 | $347.0M | $347.7M | ||
| Q3 24 | $319.1M | $333.1M | ||
| Q2 24 | $309.8M | $324.7M | ||
| Q1 24 | $295.2M | $366.8M |
| Q4 25 | $15.1M | $50.2M | ||
| Q3 25 | $12.2M | $48.0M | ||
| Q2 25 | $35.1M | $48.6M | ||
| Q1 25 | $4.9M | $91.5M | ||
| Q4 24 | $21.3M | $37.5M | ||
| Q3 24 | $9.9M | $49.6M | ||
| Q2 24 | $22.2M | $48.8M | ||
| Q1 24 | $15.1M | $85.3M |
| Q4 25 | 38.1% | 72.9% | ||
| Q3 25 | 38.7% | 73.9% | ||
| Q2 25 | 41.4% | 73.5% | ||
| Q1 25 | 37.1% | 77.1% | ||
| Q4 24 | 40.0% | 72.6% | ||
| Q3 24 | 38.6% | 74.4% | ||
| Q2 24 | 40.1% | 74.0% | ||
| Q1 24 | 39.0% | 77.8% |
| Q4 25 | 5.6% | 18.2% | ||
| Q3 25 | 4.8% | 19.6% | ||
| Q2 25 | 13.0% | 17.9% | ||
| Q1 25 | 1.7% | 30.2% | ||
| Q4 24 | 8.2% | 13.4% | ||
| Q3 24 | 3.3% | 19.3% | ||
| Q2 24 | 9.5% | 19.4% | ||
| Q1 24 | 6.2% | 29.0% |
| Q4 25 | 4.1% | 13.0% | ||
| Q3 25 | 3.5% | 12.7% | ||
| Q2 25 | 9.8% | 13.1% | ||
| Q1 25 | 1.6% | 21.7% | ||
| Q4 24 | 6.1% | 10.8% | ||
| Q3 24 | 3.1% | 14.9% | ||
| Q2 24 | 7.2% | 15.0% | ||
| Q1 24 | 5.1% | 23.3% |
| Q4 25 | $0.11 | $0.92 | ||
| Q3 25 | $0.09 | $0.86 | ||
| Q2 25 | $0.25 | $0.87 | ||
| Q1 25 | $0.03 | $1.61 | ||
| Q4 24 | $0.15 | $0.66 | ||
| Q3 24 | $0.07 | $0.88 | ||
| Q2 24 | $0.16 | $0.85 | ||
| Q1 24 | $0.11 | $1.50 |
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 | $162.5M |
| Total DebtLower is stronger | — | $81.3M |
| Stockholders' EquityBook value | $418.2M | $1.1B |
| Total Assets | $1.4B | $7.0B |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $162.5M | ||
| Q3 25 | $262.2M | $165.2M | ||
| Q2 25 | $234.8M | $398.1M | ||
| Q1 25 | $214.4M | $477.8M | ||
| Q4 24 | $197.5M | $482.4M | ||
| Q3 24 | $177.7M | $778.5M | ||
| Q2 24 | $174.2M | $401.8M | ||
| Q1 24 | $233.2M | $492.7M |
| Q4 25 | — | $81.3M | ||
| Q3 25 | — | $81.3M | ||
| Q2 25 | — | $162.5M | ||
| Q1 25 | — | $243.8M | ||
| Q4 24 | — | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | — |
| Q4 25 | $418.2M | $1.1B | ||
| Q3 25 | $400.4M | $1.1B | ||
| Q2 25 | $385.6M | $1.2B | ||
| Q1 25 | $348.8M | $1.2B | ||
| Q4 24 | $343.7M | $1.2B | ||
| Q3 24 | $320.6M | $1.1B | ||
| Q2 24 | $309.3M | $1.0B | ||
| Q1 24 | $285.6M | $1.1B |
| Q4 25 | $1.4B | $7.0B | ||
| Q3 25 | $1.4B | $4.2B | ||
| Q2 25 | $1.3B | $4.4B | ||
| Q1 25 | $1.3B | $5.2B | ||
| Q4 24 | $1.2B | $5.3B | ||
| Q3 24 | $1.2B | $4.0B | ||
| Q2 24 | $1.2B | $4.2B | ||
| Q1 24 | $1.2B | $5.0B |
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.00× | ||
| Q1 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 | $9.3M | $117.0M |
| Free Cash FlowOCF − Capex | $-8.8M | $113.6M |
| FCF MarginFCF / Revenue | -2.4% | 29.4% |
| Capex IntensityCapex / Revenue | 5.0% | 0.9% |
| Cash ConversionOCF / Net Profit | 0.62× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $461.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $117.0M | ||
| Q3 25 | $46.1M | $86.5M | ||
| Q2 25 | $34.9M | $86.6M | ||
| Q1 25 | $46.5M | $186.0M | ||
| Q4 24 | $31.7M | $54.2M | ||
| Q3 24 | $31.1M | $91.5M | ||
| Q2 24 | $47.5M | $79.9M | ||
| Q1 24 | $36.8M | $167.5M |
| Q4 25 | $-8.8M | $113.6M | ||
| Q3 25 | $28.0M | $82.7M | ||
| Q2 25 | $20.9M | $81.1M | ||
| Q1 25 | $18.9M | $183.7M | ||
| Q4 24 | $13.0M | $51.2M | ||
| Q3 24 | $4.6M | $89.1M | ||
| Q2 24 | $11.3M | $73.6M | ||
| Q1 24 | $10.9M | $162.0M |
| Q4 25 | -2.4% | 29.4% | ||
| Q3 25 | 8.1% | 21.8% | ||
| Q2 25 | 5.8% | 21.9% | ||
| Q1 25 | 6.1% | 43.6% | ||
| Q4 24 | 3.7% | 14.7% | ||
| Q3 24 | 1.4% | 26.8% | ||
| Q2 24 | 3.6% | 22.7% | ||
| Q1 24 | 3.7% | 44.2% |
| Q4 25 | 5.0% | 0.9% | ||
| Q3 25 | 5.3% | 1.0% | ||
| Q2 25 | 3.9% | 1.5% | ||
| Q1 25 | 8.9% | 0.5% | ||
| Q4 24 | 5.4% | 0.9% | ||
| Q3 24 | 8.3% | 0.7% | ||
| Q2 24 | 11.7% | 1.9% | ||
| Q1 24 | 8.8% | 1.5% |
| Q4 25 | 0.62× | 2.33× | ||
| Q3 25 | 3.77× | 1.80× | ||
| Q2 25 | 1.00× | 1.78× | ||
| Q1 25 | 9.53× | 2.03× | ||
| Q4 24 | 1.49× | 1.45× | ||
| Q3 24 | 3.14× | 1.84× | ||
| Q2 24 | 2.14× | 1.64× | ||
| Q1 24 | 2.44× | 1.96× |
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% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
