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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Arhaus, Inc. is the larger business by last-quarter revenue ($364.8M vs $340.0M, roughly 1.1× Walker & Dunlop, Inc.). Arhaus, Inc. runs the higher net margin — 4.1% vs -12.9%, a 17.0% gap on every dollar of revenue. On growth, Arhaus, Inc. posted the faster year-over-year revenue change (5.1% vs -0.4%). Arhaus, Inc. produced more free cash flow last quarter ($-8.8M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% 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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
ARHS vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $364.8M | $340.0M |
| Net Profit | $15.1M | $-13.9M |
| Gross Margin | 38.1% | — |
| Operating Margin | 5.6% | -17.2% |
| Net Margin | 4.1% | -12.9% |
| Revenue YoY | 5.1% | -0.4% |
| Net Profit YoY | -29.1% | -131.0% |
| EPS (diluted) | $0.11 | $-0.41 |
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 | $340.0M | ||
| Q3 25 | $344.6M | $337.7M | ||
| Q2 25 | $358.4M | $319.2M | ||
| Q1 25 | $311.4M | $237.4M | ||
| Q4 24 | $347.0M | $341.5M | ||
| Q3 24 | $319.1M | $292.3M | ||
| Q2 24 | $309.8M | $270.7M | ||
| Q1 24 | $295.2M | $228.1M |
| Q4 25 | $15.1M | $-13.9M | ||
| Q3 25 | $12.2M | $33.5M | ||
| Q2 25 | $35.1M | $34.0M | ||
| Q1 25 | $4.9M | $2.8M | ||
| Q4 24 | $21.3M | $44.8M | ||
| Q3 24 | $9.9M | $28.8M | ||
| Q2 24 | $22.2M | $22.7M | ||
| Q1 24 | $15.1M | $11.9M |
| 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% | -17.2% | ||
| Q3 25 | 4.8% | 13.6% | ||
| Q2 25 | 13.0% | 14.5% | ||
| Q1 25 | 1.7% | 2.2% | ||
| Q4 24 | 8.2% | 15.3% | ||
| Q3 24 | 3.3% | 12.8% | ||
| Q2 24 | 9.5% | 10.4% | ||
| Q1 24 | 6.2% | 6.0% |
| Q4 25 | 4.1% | -12.9% | ||
| Q3 25 | 3.5% | 9.9% | ||
| Q2 25 | 9.8% | 10.6% | ||
| Q1 25 | 1.6% | 1.2% | ||
| Q4 24 | 6.1% | 13.1% | ||
| Q3 24 | 3.1% | 9.9% | ||
| Q2 24 | 7.2% | 8.4% | ||
| Q1 24 | 5.1% | 5.2% |
| Q4 25 | $0.11 | $-0.41 | ||
| Q3 25 | $0.09 | $0.98 | ||
| Q2 25 | $0.25 | $0.99 | ||
| Q1 25 | $0.03 | $0.08 | ||
| Q4 24 | $0.15 | $1.32 | ||
| Q3 24 | $0.07 | $0.85 | ||
| Q2 24 | $0.16 | $0.67 | ||
| Q1 24 | $0.11 | $0.35 |
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 | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $418.2M | $1.7B |
| Total Assets | $1.4B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $253.4M | $299.3M | ||
| Q3 25 | $262.2M | $274.8M | ||
| Q2 25 | $234.8M | $233.7M | ||
| Q1 25 | $214.4M | $181.0M | ||
| Q4 24 | $197.5M | $279.3M | ||
| Q3 24 | $177.7M | $179.8M | ||
| Q2 24 | $174.2M | $208.1M | ||
| Q1 24 | $233.2M | $216.5M |
| Q4 25 | $418.2M | $1.7B | ||
| Q3 25 | $400.4M | $1.8B | ||
| Q2 25 | $385.6M | $1.8B | ||
| Q1 25 | $348.8M | $1.7B | ||
| Q4 24 | $343.7M | $1.7B | ||
| Q3 24 | $320.6M | $1.7B | ||
| Q2 24 | $309.3M | $1.7B | ||
| Q1 24 | $285.6M | $1.7B |
| Q4 25 | $1.4B | $5.1B | ||
| Q3 25 | $1.4B | $5.8B | ||
| Q2 25 | $1.3B | $4.7B | ||
| Q1 25 | $1.3B | $4.5B | ||
| Q4 24 | $1.2B | $4.4B | ||
| Q3 24 | $1.2B | $4.6B | ||
| Q2 24 | $1.2B | $4.2B | ||
| Q1 24 | $1.2B | $3.8B |
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 | $-664.3M |
| Free Cash FlowOCF − Capex | $-8.8M | $-680.1M |
| FCF MarginFCF / Revenue | -2.4% | -200.0% |
| Capex IntensityCapex / Revenue | 5.0% | 4.6% |
| Cash ConversionOCF / Net Profit | 0.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.0M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.3M | $-664.3M | ||
| Q3 25 | $46.1M | $-948.1M | ||
| Q2 25 | $34.9M | $-238.5M | ||
| Q1 25 | $46.5M | $-281.1M | ||
| Q4 24 | $31.7M | $129.4M | ||
| Q3 24 | $31.1M | $-202.0M | ||
| Q2 24 | $47.5M | $-237.8M | ||
| Q1 24 | $36.8M | $38.4M |
| Q4 25 | $-8.8M | $-680.1M | ||
| Q3 25 | $28.0M | $-950.4M | ||
| Q2 25 | $20.9M | $-241.0M | ||
| Q1 25 | $18.9M | $-284.7M | ||
| Q4 24 | $13.0M | $116.4M | ||
| Q3 24 | $4.6M | $-204.0M | ||
| Q2 24 | $11.3M | $-241.7M | ||
| Q1 24 | $10.9M | $35.2M |
| Q4 25 | -2.4% | -200.0% | ||
| Q3 25 | 8.1% | -281.5% | ||
| Q2 25 | 5.8% | -75.5% | ||
| Q1 25 | 6.1% | -120.0% | ||
| Q4 24 | 3.7% | 34.1% | ||
| Q3 24 | 1.4% | -69.8% | ||
| Q2 24 | 3.6% | -89.3% | ||
| Q1 24 | 3.7% | 15.4% |
| Q4 25 | 5.0% | 4.6% | ||
| Q3 25 | 5.3% | 0.7% | ||
| Q2 25 | 3.9% | 0.8% | ||
| Q1 25 | 8.9% | 1.5% | ||
| Q4 24 | 5.4% | 3.8% | ||
| Q3 24 | 8.3% | 0.7% | ||
| Q2 24 | 11.7% | 1.4% | ||
| Q1 24 | 8.8% | 1.4% |
| Q4 25 | 0.62× | — | ||
| Q3 25 | 3.77× | -28.34× | ||
| Q2 25 | 1.00× | -7.02× | ||
| Q1 25 | 9.53× | -102.07× | ||
| Q4 24 | 1.49× | 2.89× | ||
| Q3 24 | 3.14× | -7.01× | ||
| Q2 24 | 2.14× | -10.49× | ||
| Q1 24 | 2.44× | 3.24× |
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% |
WD
Segment breakdown not available.
