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Side-by-side financial comparison of Apollo Commercial Real Estate Finance, Inc. (ARI) and HARTE HANKS INC (HHS). Click either name above to swap in a different company.

Apollo Commercial Real Estate Finance, Inc. is the larger business by last-quarter revenue ($73.3M vs $39.9M, roughly 1.8× HARTE HANKS INC). Apollo Commercial Real Estate Finance, Inc. runs the higher net margin — 39.9% vs 5.5%, a 34.3% gap on every dollar of revenue. On growth, Apollo Commercial Real Estate Finance, Inc. posted the faster year-over-year revenue change (4.0% vs -15.4%). Over the past eight quarters, Apollo Commercial Real Estate Finance, Inc.'s revenue compounded faster (-4.6% CAGR vs -6.4%).

Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires and manages commercial real estate debt assets including mortgages, mezzanine loans and mortgage-backed securities, primarily operating in the U.S. market to deliver consistent risk-adjusted returns.

Harte Hanks is a global marketing services company headquartered in Boston, Massachusetts. Harte Hanks services include analytics, strategy, marketing technology, creative services, digital marketing, customer care, direct mail, logistics, and fulfillment.

ARI vs HHS — Head-to-Head

Bigger by revenue
ARI
ARI
1.8× larger
ARI
$73.3M
$39.9M
HHS
Growing faster (revenue YoY)
ARI
ARI
+19.4% gap
ARI
4.0%
-15.4%
HHS
Higher net margin
ARI
ARI
34.3% more per $
ARI
39.9%
5.5%
HHS
Faster 2-yr revenue CAGR
ARI
ARI
Annualised
ARI
-4.6%
-6.4%
HHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARI
ARI
HHS
HHS
Revenue
$73.3M
$39.9M
Net Profit
$29.2M
$2.2M
Gross Margin
Operating Margin
39.7%
-0.3%
Net Margin
39.9%
5.5%
Revenue YoY
4.0%
-15.4%
Net Profit YoY
-28.2%
EPS (diluted)
$0.19
$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.

Revenue
ARI
ARI
HHS
HHS
Q4 25
$73.3M
$39.9M
Q3 25
$61.6M
$39.5M
Q2 25
$70.9M
$38.6M
Q1 25
$65.8M
$41.6M
Q4 24
$70.5M
$47.1M
Q3 24
$71.6M
$47.6M
Q2 24
$81.1M
$45.0M
Q1 24
$80.5M
$45.4M
Net Profit
ARI
ARI
HHS
HHS
Q4 25
$29.2M
$2.2M
Q3 25
$50.8M
$-2.3M
Q2 25
$20.7M
$-335.0K
Q1 25
$26.0M
$-392.0K
Q4 24
$40.7M
Q3 24
$-91.5M
$142.0K
Q2 24
$35.8M
$-27.8M
Q1 24
$-104.5M
$-171.0K
Operating Margin
ARI
ARI
HHS
HHS
Q4 25
39.7%
-0.3%
Q3 25
82.8%
1.3%
Q2 25
29.4%
0.1%
Q1 25
39.7%
-0.1%
Q4 24
57.9%
-3.3%
Q3 24
-127.8%
4.0%
Q2 24
44.2%
3.0%
Q1 24
-129.6%
0.8%
Net Margin
ARI
ARI
HHS
HHS
Q4 25
39.9%
5.5%
Q3 25
82.4%
-5.8%
Q2 25
29.3%
-0.9%
Q1 25
39.5%
-0.9%
Q4 24
57.7%
Q3 24
-127.9%
0.3%
Q2 24
44.1%
-61.8%
Q1 24
-129.8%
-0.4%
EPS (diluted)
ARI
ARI
HHS
HHS
Q4 25
$0.19
$0.30
Q3 25
$0.34
$-0.31
Q2 25
$0.12
$-0.05
Q1 25
$0.16
$-0.05
Q4 24
$0.25
$-0.31
Q3 24
$-0.69
$0.02
Q2 24
$0.23
$-3.84
Q1 24
$-0.76
$-0.02

Balance Sheet & Financial Strength

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

Metric
ARI
ARI
HHS
HHS
Cash + ST InvestmentsLiquidity on hand
$139.8M
$5.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$20.5M
Total Assets
$9.9B
$91.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARI
ARI
HHS
HHS
Q4 25
$139.8M
$5.6M
Q3 25
$245.9M
$6.5M
Q2 25
$177.6M
$4.8M
Q1 25
$166.4M
$9.0M
Q4 24
$317.4M
$9.8M
Q3 24
$194.3M
$5.9M
Q2 24
$174.7M
$11.0M
Q1 24
$161.2M
$11.5M
Stockholders' Equity
ARI
ARI
HHS
HHS
Q4 25
$1.9B
$20.5M
Q3 25
$1.9B
$19.9M
Q2 25
$1.8B
$22.2M
Q1 25
$1.9B
$21.4M
Q4 24
$1.9B
$21.7M
Q3 24
$1.9B
$21.0M
Q2 24
$2.0B
$20.6M
Q1 24
$2.0B
$20.0M
Total Assets
ARI
ARI
HHS
HHS
Q4 25
$9.9B
$91.8M
Q3 25
$9.5B
$92.7M
Q2 25
$9.8B
$95.0M
Q1 25
$8.8B
$100.6M
Q4 24
$8.4B
$101.8M
Q3 24
$9.1B
$108.1M
Q2 24
$9.3B
$109.7M
Q1 24
$9.2B
$113.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARI
ARI
HHS
HHS
Operating Cash FlowLast quarter
$142.5M
$737.0K
Free Cash FlowOCF − Capex
$-686.0K
FCF MarginFCF / Revenue
-1.7%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
4.88×
0.33×
TTM Free Cash FlowTrailing 4 quarters
$-4.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARI
ARI
HHS
HHS
Q4 25
$142.5M
$737.0K
Q3 25
$31.7M
$3.2M
Q2 25
$63.2M
$-4.8M
Q1 25
$39.3M
$-818.0K
Q4 24
$200.3M
$4.0M
Q3 24
$47.2M
$-2.9M
Q2 24
$50.2M
$1.6M
Q1 24
$52.8M
$-5.7M
Free Cash Flow
ARI
ARI
HHS
HHS
Q4 25
$-686.0K
Q3 25
$2.2M
Q2 25
$-5.1M
Q1 25
$-923.0K
Q4 24
$3.4M
Q3 24
$-4.9M
Q2 24
$926.0K
Q1 24
$-6.2M
FCF Margin
ARI
ARI
HHS
HHS
Q4 25
-1.7%
Q3 25
5.5%
Q2 25
-13.1%
Q1 25
-2.2%
Q4 24
7.3%
Q3 24
-10.2%
Q2 24
2.1%
Q1 24
-13.7%
Capex Intensity
ARI
ARI
HHS
HHS
Q4 25
3.6%
Q3 25
2.5%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
1.3%
Q3 24
4.0%
Q2 24
1.5%
Q1 24
1.2%
Cash Conversion
ARI
ARI
HHS
HHS
Q4 25
4.88×
0.33×
Q3 25
0.62×
Q2 25
3.05×
Q1 25
1.51×
Q4 24
4.93×
Q3 24
-20.76×
Q2 24
1.40×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARI
ARI

Segment breakdown not available.

HHS
HHS

Fulfillment And Logistics Services$17.3M43%
Customer Care$13.7M34%
Other$8.9M22%

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