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Side-by-side financial comparison of Armour Residential REIT, Inc. (ARR) and DHI GROUP, INC. (DHX). Click either name above to swap in a different company.

Armour Residential REIT, Inc. is the larger business by last-quarter revenue ($50.4M vs $31.4M, roughly 1.6× DHI GROUP, INC.). Armour Residential REIT, Inc. runs the higher net margin — 420.2% vs 3.0%, a 417.2% gap on every dollar of revenue. On growth, Armour Residential REIT, Inc. posted the faster year-over-year revenue change (297.9% vs -9.8%). Over the past eight quarters, Armour Residential REIT, Inc.'s revenue compounded faster (108.0% CAGR vs -6.7%).

Armour Residential REIT, Inc. is a U.S.-based real estate investment trust that primarily invests in agency residential mortgage-backed securities guaranteed by U.S. government-sponsored entities. It focuses on generating consistent long-term net income for shareholders via strategic asset management and active interest rate risk mitigation.

DHI is an international water software development and engineering consultancy firm with headquarters in Denmark. The profit-for-purpose organisation addresses all challenges in water environments through consultancy services, MIKE Powered by DHI water modelling software, business applications, data portals and operational services. DHI has 30 offices throughout the world, with software development centres in Singapore and Denmark, and approximately 1050 employees.

ARR vs DHX — Head-to-Head

Bigger by revenue
ARR
ARR
1.6× larger
ARR
$50.4M
$31.4M
DHX
Growing faster (revenue YoY)
ARR
ARR
+307.7% gap
ARR
297.9%
-9.8%
DHX
Higher net margin
ARR
ARR
417.2% more per $
ARR
420.2%
3.0%
DHX
Faster 2-yr revenue CAGR
ARR
ARR
Annualised
ARR
108.0%
-6.7%
DHX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARR
ARR
DHX
DHX
Revenue
$50.4M
$31.4M
Net Profit
$211.7M
$951.0K
Gross Margin
Operating Margin
10.4%
Net Margin
420.2%
3.0%
Revenue YoY
297.9%
-9.8%
Net Profit YoY
555.9%
-6.9%
EPS (diluted)
$2.43
$0.03

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
ARR
ARR
DHX
DHX
Q4 25
$50.4M
$31.4M
Q3 25
$38.5M
$32.1M
Q2 25
$33.1M
$32.0M
Q1 25
$36.3M
$32.3M
Q4 24
$12.7M
$34.8M
Q3 24
$35.3M
Q2 24
$7.0M
$35.8M
Q1 24
$36.0M
Net Profit
ARR
ARR
DHX
DHX
Q4 25
$211.7M
$951.0K
Q3 25
$159.3M
$-4.3M
Q2 25
$-75.6M
$-841.0K
Q1 25
$27.3M
$-9.4M
Q4 24
$-46.4M
$1.0M
Q3 24
$-200.0K
Q2 24
$-48.4M
$943.0K
Q1 24
$-1.5M
Gross Margin
ARR
ARR
DHX
DHX
Q4 25
Q3 25
85.7%
Q2 25
84.0%
Q1 25
83.4%
Q4 24
Q3 24
85.6%
Q2 24
85.5%
Q1 24
86.5%
Operating Margin
ARR
ARR
DHX
DHX
Q4 25
10.4%
Q3 25
-14.0%
Q2 25
-3.9%
Q1 25
-27.5%
Q4 24
5.0%
Q3 24
1.8%
Q2 24
5.6%
Q1 24
5.5%
Net Margin
ARR
ARR
DHX
DHX
Q4 25
420.2%
3.0%
Q3 25
413.5%
-13.3%
Q2 25
-228.4%
-2.6%
Q1 25
75.2%
-28.9%
Q4 24
-366.8%
2.9%
Q3 24
-0.6%
Q2 24
-693.8%
2.6%
Q1 24
-4.2%
EPS (diluted)
ARR
ARR
DHX
DHX
Q4 25
$2.43
$0.03
Q3 25
$1.49
$-0.10
Q2 25
$-0.94
$-0.02
Q1 25
$0.32
$-0.21
Q4 24
$-0.91
$0.02
Q3 24
$0.00
Q2 24
$-1.05
$0.02
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
ARR
ARR
DHX
DHX
Cash + ST InvestmentsLiquidity on hand
$63.3M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$94.5M
Total Assets
$21.0B
$188.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARR
ARR
DHX
DHX
Q4 25
$63.3M
$2.9M
Q3 25
$44.2M
$2.3M
Q2 25
$141.2M
$2.8M
Q1 25
$49.1M
$2.7M
Q4 24
$68.0M
$3.7M
Q3 24
$2.1M
Q2 24
$126.6M
$3.0M
Q1 24
$3.2M
Total Debt
ARR
ARR
DHX
DHX
Q4 25
Q3 25
$30.0M
Q2 25
$30.0M
Q1 25
$33.0M
Q4 24
$32.0M
Q3 24
$32.0M
Q2 24
$35.0M
Q1 24
$41.0M
Stockholders' Equity
ARR
ARR
DHX
DHX
Q4 25
$2.3B
$94.5M
Q3 25
$2.1B
$97.3M
Q2 25
$1.7B
$102.5M
Q1 25
$1.7B
$103.9M
Q4 24
$1.4B
$114.3M
Q3 24
$111.3M
Q2 24
$1.2B
$109.8M
Q1 24
$106.6M
Total Assets
ARR
ARR
DHX
DHX
Q4 25
$21.0B
$188.2M
Q3 25
$19.4B
$192.5M
Q2 25
$16.2B
$204.9M
Q1 25
$15.5B
$212.1M
Q4 24
$13.5B
$221.4M
Q3 24
$219.4M
Q2 24
$10.1B
$224.4M
Q1 24
$231.9M
Debt / Equity
ARR
ARR
DHX
DHX
Q4 25
Q3 25
0.31×
Q2 25
0.29×
Q1 25
0.32×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.32×
Q1 24
0.38×

Cash Flow & Capital Efficiency

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

Metric
ARR
ARR
DHX
DHX
Operating Cash FlowLast quarter
$124.2M
$7.2M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
0.59×
7.60×
TTM Free Cash FlowTrailing 4 quarters
$13.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARR
ARR
DHX
DHX
Q4 25
$124.2M
$7.2M
Q3 25
$-37.8M
$4.8M
Q2 25
$25.0M
$6.9M
Q1 25
$101.5M
$2.2M
Q4 24
$261.5M
$4.4M
Q3 24
$5.5M
Q2 24
$27.1M
$9.1M
Q1 24
$2.1M
Free Cash Flow
ARR
ARR
DHX
DHX
Q4 25
$5.7M
Q3 25
$3.2M
Q2 25
$4.8M
Q1 25
$88.0K
Q4 24
$1.6M
Q3 24
$2.3M
Q2 24
$5.6M
Q1 24
$-2.4M
FCF Margin
ARR
ARR
DHX
DHX
Q4 25
18.1%
Q3 25
9.9%
Q2 25
15.1%
Q1 25
0.3%
Q4 24
4.6%
Q3 24
6.5%
Q2 24
15.6%
Q1 24
-6.5%
Capex Intensity
ARR
ARR
DHX
DHX
Q4 25
4.9%
Q3 25
5.0%
Q2 25
6.3%
Q1 25
6.7%
Q4 24
8.0%
Q3 24
9.2%
Q2 24
9.7%
Q1 24
12.3%
Cash Conversion
ARR
ARR
DHX
DHX
Q4 25
0.59×
7.60×
Q3 25
-0.24×
Q2 25
Q1 25
3.71×
Q4 24
4.27×
Q3 24
Q2 24
9.61×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARR
ARR

Segment breakdown not available.

DHX
DHX

Clearance Jobs$17.4M56%
Clearance Jobs Segment$13.9M44%

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