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Side-by-side financial comparison of Clarus Corp (CLAR) and TSS, Inc. (TSSI). Click either name above to swap in a different company.
Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $60.9M, roughly 1.1× TSS, Inc.). TSS, Inc. runs the higher net margin — 20.0% vs -47.8%, a 67.8% gap on every dollar of revenue. On growth, TSS, Inc. posted the faster year-over-year revenue change (21.8% vs -8.4%). TSS, Inc. produced more free cash flow last quarter ($15.8M vs $11.6M). Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
CLAR vs TSSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $60.9M |
| Net Profit | $-31.3M | $12.2M |
| Gross Margin | 27.7% | 17.6% |
| Operating Margin | -59.6% | 1.5% |
| Net Margin | -47.8% | 20.0% |
| Revenue YoY | -8.4% | 21.8% |
| Net Profit YoY | 52.3% | 535.7% |
| EPS (diluted) | $-0.81 | $0.44 |
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 | $65.4M | $60.9M | ||
| Q3 25 | $69.3M | $41.9M | ||
| Q2 25 | $55.2M | $44.0M | ||
| Q1 25 | $60.4M | $99.0M | ||
| Q4 24 | $71.4M | $50.0M | ||
| Q3 24 | $67.1M | $70.1M | ||
| Q2 24 | $56.5M | $12.2M | ||
| Q1 24 | $69.3M | $15.9M |
| Q4 25 | $-31.3M | $12.2M | ||
| Q3 25 | $-1.6M | $-1.5M | ||
| Q2 25 | $-8.4M | $1.5M | ||
| Q1 25 | $-5.2M | $3.0M | ||
| Q4 24 | $-65.5M | $1.9M | ||
| Q3 24 | $-3.2M | $2.6M | ||
| Q2 24 | $-5.5M | $1.4M | ||
| Q1 24 | $21.9M | $15.0K |
| Q4 25 | 27.7% | 17.6% | ||
| Q3 25 | 35.1% | 11.1% | ||
| Q2 25 | 35.6% | 17.8% | ||
| Q1 25 | 34.4% | 9.3% | ||
| Q4 24 | 33.4% | 14.4% | ||
| Q3 24 | 35.0% | 11.3% | ||
| Q2 24 | 36.1% | 37.3% | ||
| Q1 24 | 35.9% | 17.1% |
| Q4 25 | -59.6% | 1.5% | ||
| Q3 25 | -4.4% | -2.2% | ||
| Q2 25 | -19.7% | 5.1% | ||
| Q1 25 | -11.2% | 4.2% | ||
| Q4 24 | -70.2% | 0.0% | ||
| Q3 24 | -8.0% | 5.4% | ||
| Q2 24 | -14.4% | 14.0% | ||
| Q1 24 | -9.8% | 1.6% |
| Q4 25 | -47.8% | 20.0% | ||
| Q3 25 | -2.3% | -3.6% | ||
| Q2 25 | -15.3% | 3.4% | ||
| Q1 25 | -8.7% | 3.0% | ||
| Q4 24 | -91.8% | 3.8% | ||
| Q3 24 | -4.7% | 3.8% | ||
| Q2 24 | -9.7% | 11.5% | ||
| Q1 24 | 31.6% | 0.1% |
| Q4 25 | $-0.81 | $0.44 | ||
| Q3 25 | $-0.04 | $-0.06 | ||
| Q2 25 | $-0.22 | $0.06 | ||
| Q1 25 | $-0.14 | $0.12 | ||
| Q4 24 | $-1.72 | $0.08 | ||
| Q3 24 | $-0.08 | $0.10 | ||
| Q2 24 | $-0.14 | $0.06 | ||
| Q1 24 | $0.57 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $85.5M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $76.6M |
| Total Assets | $249.0M | $184.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $85.5M | ||
| Q3 25 | $29.5M | $70.7M | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $41.3M | — | ||
| Q4 24 | $45.4M | $23.2M | ||
| Q3 24 | $36.4M | $46.4M | ||
| Q2 24 | $46.2M | $8.3M | ||
| Q1 24 | $47.5M | $14.4M |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | — |
| Q4 25 | $196.4M | $76.6M | ||
| Q3 25 | $225.8M | $63.4M | ||
| Q2 25 | $225.1M | $9.5M | ||
| Q1 25 | $229.3M | $9.4M | ||
| Q4 24 | $233.1M | $7.1M | ||
| Q3 24 | $308.5M | $7.7M | ||
| Q2 24 | $307.3M | $5.2M | ||
| Q1 24 | $310.4M | $3.7M |
| Q4 25 | $249.0M | $184.9M | ||
| Q3 25 | $283.1M | $165.4M | ||
| Q2 25 | $286.5M | $139.5M | ||
| Q1 25 | $292.8M | $113.5M | ||
| Q4 24 | $294.1M | $96.6M | ||
| Q3 24 | $375.3M | $67.3M | ||
| Q2 24 | $369.4M | $28.9M | ||
| Q1 24 | $377.0M | $26.8M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
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 | $12.5M | $16.3M |
| Free Cash FlowOCF − Capex | $11.6M | $15.8M |
| FCF MarginFCF / Revenue | 17.7% | 25.9% |
| Capex IntensityCapex / Revenue | 1.4% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $16.3M | ||
| Q3 25 | $-5.7M | $-18.4M | ||
| Q2 25 | $-9.4M | $16.3M | ||
| Q1 25 | $-2.1M | $20.6M | ||
| Q4 24 | $16.6M | $-21.6M | ||
| Q3 24 | $-8.3M | $38.6M | ||
| Q2 24 | $834.0K | $-4.3M | ||
| Q1 24 | $-16.4M | $2.6M |
| Q4 25 | $11.6M | $15.8M | ||
| Q3 25 | $-7.0M | $-24.9M | ||
| Q2 25 | $-11.3M | $5.4M | ||
| Q1 25 | $-3.3M | $5.8M | ||
| Q4 24 | $14.4M | $-28.4M | ||
| Q3 24 | $-9.4M | $38.6M | ||
| Q2 24 | $-744.0K | $-6.0M | ||
| Q1 24 | $-18.3M | $2.6M |
| Q4 25 | 17.7% | 25.9% | ||
| Q3 25 | -10.0% | -59.3% | ||
| Q2 25 | -20.4% | 12.3% | ||
| Q1 25 | -5.4% | 5.8% | ||
| Q4 24 | 20.1% | -56.7% | ||
| Q3 24 | -14.0% | 55.1% | ||
| Q2 24 | -1.3% | -49.4% | ||
| Q1 24 | -26.3% | 16.4% |
| Q4 25 | 1.4% | 0.9% | ||
| Q3 25 | 1.8% | 15.3% | ||
| Q2 25 | 3.4% | 24.8% | ||
| Q1 25 | 2.0% | 15.0% | ||
| Q4 24 | 3.1% | 13.4% | ||
| Q3 24 | 1.6% | 0.1% | ||
| Q2 24 | 2.8% | 13.8% | ||
| Q1 24 | 2.7% | 0.2% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 11.02× | ||
| Q1 25 | — | 6.93× | ||
| Q4 24 | — | -11.32× | ||
| Q3 24 | — | 14.60× | ||
| Q2 24 | — | -3.09× | ||
| Q1 24 | -0.75× | 176.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
