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Side-by-side financial comparison of CECO ENVIRONMENTAL CORP (CECO) and Fossil Group, Inc. (FOSL). Click either name above to swap in a different company.

Fossil Group, Inc. is the larger business by last-quarter revenue ($270.2M vs $205.9M, roughly 1.3× CECO ENVIRONMENTAL CORP). On growth, CECO ENVIRONMENTAL CORP posted the faster year-over-year revenue change (16.5% vs -21.1%). Over the past eight quarters, CECO ENVIRONMENTAL CORP's revenue compounded faster (22.4% CAGR vs -11.4%).

CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.

Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

CECO vs FOSL — Head-to-Head

Bigger by revenue
FOSL
FOSL
1.3× larger
FOSL
$270.2M
$205.9M
CECO
Growing faster (revenue YoY)
CECO
CECO
+37.6% gap
CECO
16.5%
-21.1%
FOSL
Faster 2-yr revenue CAGR
CECO
CECO
Annualised
CECO
22.4%
-11.4%
FOSL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CECO
CECO
FOSL
FOSL
Revenue
$205.9M
$270.2M
Net Profit
$-40.0M
Gross Margin
31.0%
49.0%
Operating Margin
0.9%
-8.0%
Net Margin
-14.8%
Revenue YoY
16.5%
-21.1%
Net Profit YoY
-257.8%
EPS (diluted)
$0.98
$-0.76

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
CECO
CECO
FOSL
FOSL
Q1 26
$205.9M
Q4 25
$214.7M
$270.2M
Q3 25
$197.6M
$220.4M
Q2 25
$185.4M
$233.3M
Q1 25
$176.7M
Q4 24
$158.6M
$342.3M
Q3 24
$135.5M
$287.8M
Q2 24
$137.5M
$260.0M
Net Profit
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
$3.1M
$-40.0M
Q3 25
$1.5M
$-2.1M
Q2 25
$9.5M
$-17.9M
Q1 25
$36.0M
Q4 24
$4.9M
$-11.2M
Q3 24
$2.1M
$-31.9M
Q2 24
$4.5M
$-38.8M
Gross Margin
CECO
CECO
FOSL
FOSL
Q1 26
31.0%
Q4 25
35.1%
49.0%
Q3 25
32.7%
57.5%
Q2 25
36.2%
61.3%
Q1 25
35.2%
Q4 24
35.8%
53.9%
Q3 24
33.4%
49.4%
Q2 24
35.7%
52.6%
Operating Margin
CECO
CECO
FOSL
FOSL
Q1 26
0.9%
Q4 25
7.7%
-8.0%
Q3 25
4.8%
3.9%
Q2 25
9.7%
-2.9%
Q1 25
35.0%
Q4 24
7.1%
-4.8%
Q3 24
5.3%
-8.5%
Q2 24
6.7%
-13.1%
Net Margin
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
1.4%
-14.8%
Q3 25
0.8%
-1.0%
Q2 25
5.1%
-7.7%
Q1 25
20.4%
Q4 24
3.1%
-3.3%
Q3 24
1.5%
-11.1%
Q2 24
3.3%
-14.9%
EPS (diluted)
CECO
CECO
FOSL
FOSL
Q1 26
$0.98
Q4 25
$0.09
$-0.76
Q3 25
$0.04
$-0.04
Q2 25
$0.26
$-0.33
Q1 25
$0.98
Q4 24
$0.14
$-0.15
Q3 24
$0.06
$-0.60
Q2 24
$0.12
$-0.73

Balance Sheet & Financial Strength

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

Metric
CECO
CECO
FOSL
FOSL
Cash + ST InvestmentsLiquidity on hand
$45.4M
$79.2M
Total DebtLower is stronger
$5.3M
$169.1M
Stockholders' EquityBook value
$317.2M
$112.6M
Total Assets
$1.0B
$701.0M
Debt / EquityLower = less leverage
0.02×
1.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CECO
CECO
FOSL
FOSL
Q1 26
$45.4M
Q4 25
$33.1M
$79.2M
Q3 25
$32.8M
$109.9M
Q2 25
$36.8M
$78.3M
Q1 25
$146.5M
Q4 24
$37.8M
$123.6M
Q3 24
$38.7M
$106.3M
Q2 24
$36.5M
$104.9M
Total Debt
CECO
CECO
FOSL
FOSL
Q1 26
$5.3M
Q4 25
$212.4M
$169.1M
Q3 25
$220.9M
$165.6M
Q2 25
$238.7M
$167.2M
Q1 25
$339.7M
Q4 24
$218.9M
$162.7M
Q3 24
$133.4M
$173.4M
Q2 24
$130.8M
$156.5M
Stockholders' Equity
CECO
CECO
FOSL
FOSL
Q1 26
$317.2M
Q4 25
$317.5M
$112.6M
Q3 25
$309.2M
$150.3M
Q2 25
$298.4M
$140.6M
Q1 25
$285.8M
Q4 24
$247.7M
$148.7M
Q3 24
$241.3M
$164.4M
Q2 24
$235.0M
$189.6M
Total Assets
CECO
CECO
FOSL
FOSL
Q1 26
$1.0B
Q4 25
$893.8M
$701.0M
Q3 25
$891.9M
$704.5M
Q2 25
$876.6M
$686.0M
Q1 25
$957.1M
Q4 24
$759.7M
$763.6M
Q3 24
$621.5M
$812.4M
Q2 24
$598.1M
$785.7M
Debt / Equity
CECO
CECO
FOSL
FOSL
Q1 26
0.02×
Q4 25
0.67×
1.50×
Q3 25
0.71×
1.10×
Q2 25
0.80×
1.19×
Q1 25
1.19×
Q4 24
0.88×
1.09×
Q3 24
0.55×
1.06×
Q2 24
0.56×
0.83×

Cash Flow & Capital Efficiency

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

Metric
CECO
CECO
FOSL
FOSL
Operating Cash FlowLast quarter
$-22.2M
Free Cash FlowOCF − Capex
$-22.5M
FCF MarginFCF / Revenue
-8.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
$10.0M
$-22.2M
Q3 25
$15.3M
$9.4M
Q2 25
$-7.7M
$-60.4M
Q1 25
$-11.7M
Q4 24
$1.8M
$30.5M
Q3 24
$15.1M
$-22.8M
Q2 24
$6.7M
$38.4M
Free Cash Flow
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
$7.3M
$-22.5M
Q3 25
$11.0M
$8.6M
Q2 25
$-8.7M
$-60.6M
Q1 25
$-15.1M
Q4 24
$-4.3M
$28.5M
Q3 24
$11.1M
$-24.1M
Q2 24
$2.5M
$36.6M
FCF Margin
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
3.4%
-8.3%
Q3 25
5.6%
3.9%
Q2 25
-4.7%
-26.0%
Q1 25
-8.5%
Q4 24
-2.7%
8.3%
Q3 24
8.2%
-8.4%
Q2 24
1.9%
14.1%
Capex Intensity
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
1.2%
0.1%
Q3 25
2.1%
0.4%
Q2 25
0.6%
0.1%
Q1 25
1.9%
Q4 24
3.9%
0.6%
Q3 24
3.0%
0.4%
Q2 24
3.0%
0.7%
Cash Conversion
CECO
CECO
FOSL
FOSL
Q1 26
Q4 25
3.26×
Q3 25
10.18×
Q2 25
-0.81×
Q1 25
-0.33×
Q4 24
0.37×
Q3 24
7.24×
Q2 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CECO
CECO

Segment breakdown not available.

FOSL
FOSL

Transferred At Point In Time$109.7M41%
Traditional Watches$91.3M34%
Other$50.8M19%
Leathers$9.5M4%
Jewelry$4.0M1%
Smartwatches$3.3M1%
Products Other$1.6M1%

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