vs

Side-by-side financial comparison of Arhaus, Inc. (ARHS) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

Arhaus, Inc. is the larger business by last-quarter revenue ($364.8M vs $252.7M, roughly 1.4× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 4.1%, a 6.1% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 5.1%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $-8.8M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 11.2%).

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.

Progress Software Corporation develops and sells enterprise software products including application development platforms, data connectivity tools, and digital experience solutions. It serves global enterprise clients across finance, healthcare, manufacturing, retail and other sectors, helping organizations build scalable, high-performance business applications and streamline operational workflows.

ARHS vs PRGS — Head-to-Head

Bigger by revenue
ARHS
ARHS
1.4× larger
ARHS
$364.8M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+12.4% gap
PRGS
17.5%
5.1%
ARHS
Higher net margin
PRGS
PRGS
6.1% more per $
PRGS
10.2%
4.1%
ARHS
More free cash flow
PRGS
PRGS
$68.7M more FCF
PRGS
$59.9M
$-8.8M
ARHS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
11.2%
ARHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARHS
ARHS
PRGS
PRGS
Revenue
$364.8M
$252.7M
Net Profit
$15.1M
$25.7M
Gross Margin
38.1%
81.6%
Operating Margin
5.6%
15.2%
Net Margin
4.1%
10.2%
Revenue YoY
5.1%
17.5%
Net Profit YoY
-29.1%
2144.6%
EPS (diluted)
$0.11
$0.59

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.

Revenue
ARHS
ARHS
PRGS
PRGS
Q4 25
$364.8M
$252.7M
Q3 25
$344.6M
$249.8M
Q2 25
$358.4M
$237.4M
Q1 25
$311.4M
$238.0M
Q4 24
$347.0M
$215.0M
Q3 24
$319.1M
$178.7M
Q2 24
$309.8M
$175.1M
Q1 24
$295.2M
$184.7M
Net Profit
ARHS
ARHS
PRGS
PRGS
Q4 25
$15.1M
$25.7M
Q3 25
$12.2M
$19.4M
Q2 25
$35.1M
$17.0M
Q1 25
$4.9M
$10.9M
Q4 24
$21.3M
$1.1M
Q3 24
$9.9M
$28.5M
Q2 24
$22.2M
$16.2M
Q1 24
$15.1M
$22.6M
Gross Margin
ARHS
ARHS
PRGS
PRGS
Q4 25
38.1%
81.6%
Q3 25
38.7%
81.0%
Q2 25
41.4%
80.1%
Q1 25
37.1%
80.6%
Q4 24
40.0%
83.0%
Q3 24
38.6%
83.7%
Q2 24
40.1%
81.7%
Q1 24
39.0%
82.2%
Operating Margin
ARHS
ARHS
PRGS
PRGS
Q4 25
5.6%
15.2%
Q3 25
4.8%
17.6%
Q2 25
13.0%
16.3%
Q1 25
1.7%
13.6%
Q4 24
8.2%
10.0%
Q3 24
3.3%
22.6%
Q2 24
9.5%
15.5%
Q1 24
6.2%
19.0%
Net Margin
ARHS
ARHS
PRGS
PRGS
Q4 25
4.1%
10.2%
Q3 25
3.5%
7.8%
Q2 25
9.8%
7.2%
Q1 25
1.6%
4.6%
Q4 24
6.1%
0.5%
Q3 24
3.1%
15.9%
Q2 24
7.2%
9.2%
Q1 24
5.1%
12.3%
EPS (diluted)
ARHS
ARHS
PRGS
PRGS
Q4 25
$0.11
$0.59
Q3 25
$0.09
$0.44
Q2 25
$0.25
$0.39
Q1 25
$0.03
$0.24
Q4 24
$0.15
$0.01
Q3 24
$0.07
$0.65
Q2 24
$0.16
$0.37
Q1 24
$0.11
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARHS
ARHS
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$253.4M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$418.2M
$478.3M
Total Assets
$1.4B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARHS
ARHS
PRGS
PRGS
Q4 25
$253.4M
$94.8M
Q3 25
$262.2M
$99.0M
Q2 25
$234.8M
$102.0M
Q1 25
$214.4M
$124.2M
Q4 24
$197.5M
$118.1M
Q3 24
$177.7M
$232.7M
Q2 24
$174.2M
$190.4M
Q1 24
$233.2M
$133.2M
Total Debt
ARHS
ARHS
PRGS
PRGS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ARHS
ARHS
PRGS
PRGS
Q4 25
$418.2M
$478.3M
Q3 25
$400.4M
$477.7M
Q2 25
$385.6M
$452.7M
Q1 25
$348.8M
$431.8M
Q4 24
$343.7M
$438.8M
Q3 24
$320.6M
$425.6M
Q2 24
$309.3M
$401.7M
Q1 24
$285.6M
$461.7M
Total Assets
ARHS
ARHS
PRGS
PRGS
Q4 25
$1.4B
$2.5B
Q3 25
$1.4B
$2.4B
Q2 25
$1.3B
$2.4B
Q1 25
$1.3B
$2.5B
Q4 24
$1.2B
$2.5B
Q3 24
$1.2B
$1.6B
Q2 24
$1.2B
$1.6B
Q1 24
$1.2B
$1.5B
Debt / Equity
ARHS
ARHS
PRGS
PRGS
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
3.48×
Q3 24
Q2 24
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
ARHS
ARHS
PRGS
PRGS
Operating Cash FlowLast quarter
$9.3M
$62.8M
Free Cash FlowOCF − Capex
$-8.8M
$59.9M
FCF MarginFCF / Revenue
-2.4%
23.7%
Capex IntensityCapex / Revenue
5.0%
1.1%
Cash ConversionOCF / Net Profit
0.62×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$59.0M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARHS
ARHS
PRGS
PRGS
Q4 25
$9.3M
$62.8M
Q3 25
$46.1M
$73.4M
Q2 25
$34.9M
$30.0M
Q1 25
$46.5M
$68.9M
Q4 24
$31.7M
$19.7M
Q3 24
$31.1M
$57.7M
Q2 24
$47.5M
$63.7M
Q1 24
$36.8M
$70.5M
Free Cash Flow
ARHS
ARHS
PRGS
PRGS
Q4 25
$-8.8M
$59.9M
Q3 25
$28.0M
$72.4M
Q2 25
$20.9M
$29.5M
Q1 25
$18.9M
$67.7M
Q4 24
$13.0M
$16.8M
Q3 24
$4.6M
$56.6M
Q2 24
$11.3M
$62.7M
Q1 24
$10.9M
$70.2M
FCF Margin
ARHS
ARHS
PRGS
PRGS
Q4 25
-2.4%
23.7%
Q3 25
8.1%
29.0%
Q2 25
5.8%
12.4%
Q1 25
6.1%
28.4%
Q4 24
3.7%
7.8%
Q3 24
1.4%
31.7%
Q2 24
3.6%
35.8%
Q1 24
3.7%
38.0%
Capex Intensity
ARHS
ARHS
PRGS
PRGS
Q4 25
5.0%
1.1%
Q3 25
5.3%
0.4%
Q2 25
3.9%
0.2%
Q1 25
8.9%
0.5%
Q4 24
5.4%
1.3%
Q3 24
8.3%
0.6%
Q2 24
11.7%
0.5%
Q1 24
8.8%
0.2%
Cash Conversion
ARHS
ARHS
PRGS
PRGS
Q4 25
0.62×
2.44×
Q3 25
3.77×
3.78×
Q2 25
1.00×
1.76×
Q1 25
9.53×
6.30×
Q4 24
1.49×
17.13×
Q3 24
3.14×
2.03×
Q2 24
2.14×
3.93×
Q1 24
2.44×
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARHS
ARHS

Sales Channel Retail$305.7M84%
Sales Channel E Commerce$59.2M16%

PRGS
PRGS

Maintenanceand Services$187.5M74%
Share File Acquisition$67.5M27%

Related Comparisons