vs
Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and Inspirato Inc (ISPO). Click either name above to swap in a different company.
CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $55.5M, roughly 1.9× Inspirato Inc). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs -8.1%, a 19.8% gap on every dollar of revenue. On growth, CARRIAGE SERVICES INC posted the faster year-over-year revenue change (8.0% vs -19.6%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $-3.0M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -11.4%).
Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.
Inspirato Inc is a luxury travel and hospitality subscription service provider catering primarily to high-net-worth consumers across North America. It offers curated premium villa rentals, exclusive resort access, customized trip planning, and corporate travel incentive solutions for enterprise clients.
CSV vs ISPO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $55.5M |
| Net Profit | $12.3M | $-4.5M |
| Gross Margin | 34.8% | 31.4% |
| Operating Margin | 23.3% | -8.0% |
| Net Margin | 11.6% | -8.1% |
| Revenue YoY | 8.0% | -19.6% |
| Net Profit YoY | 24.5% | -204.4% |
| EPS (diluted) | $0.76 | $-0.36 |
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 | $105.5M | — | ||
| Q3 25 | $102.7M | $55.5M | ||
| Q2 25 | $102.1M | $63.1M | ||
| Q1 25 | $107.1M | $65.9M | ||
| Q4 24 | $97.7M | $63.1M | ||
| Q3 24 | $100.7M | $69.1M | ||
| Q2 24 | $102.3M | $67.4M | ||
| Q1 24 | $103.5M | $80.2M |
| Q4 25 | $12.3M | — | ||
| Q3 25 | $6.6M | $-4.5M | ||
| Q2 25 | $11.7M | $-5.3M | ||
| Q1 25 | $20.9M | $1.6M | ||
| Q4 24 | $9.9M | $-2.3M | ||
| Q3 24 | $9.9M | $4.3M | ||
| Q2 24 | $6.3M | $-8.7M | ||
| Q1 24 | $7.0M | $1.3M |
| Q4 25 | 34.8% | — | ||
| Q3 25 | 35.3% | 31.4% | ||
| Q2 25 | 35.2% | 27.5% | ||
| Q1 25 | 35.3% | 38.8% | ||
| Q4 24 | 34.4% | 34.7% | ||
| Q3 24 | 35.2% | 71.5% | ||
| Q2 24 | 36.2% | 24.0% | ||
| Q1 24 | 36.0% | 39.5% |
| Q4 25 | 23.3% | — | ||
| Q3 25 | 17.0% | -8.0% | ||
| Q2 25 | 23.5% | -8.3% | ||
| Q1 25 | 29.5% | 2.5% | ||
| Q4 24 | 21.6% | -3.2% | ||
| Q3 24 | 22.7% | 9.8% | ||
| Q2 24 | 18.0% | -22.8% | ||
| Q1 24 | 18.8% | 3.0% |
| Q4 25 | 11.6% | — | ||
| Q3 25 | 6.4% | -8.1% | ||
| Q2 25 | 11.5% | -8.4% | ||
| Q1 25 | 19.5% | 2.5% | ||
| Q4 24 | 10.1% | -3.6% | ||
| Q3 24 | 9.8% | 6.3% | ||
| Q2 24 | 6.1% | -12.9% | ||
| Q1 24 | 6.7% | 1.6% |
| Q4 25 | $0.76 | — | ||
| Q3 25 | $0.41 | $-0.36 | ||
| Q2 25 | $0.74 | $-0.42 | ||
| Q1 25 | $1.34 | $0.12 | ||
| Q4 24 | $0.62 | $0.98 | ||
| Q3 24 | $0.63 | $0.62 | ||
| Q2 24 | $0.40 | $-2.33 | ||
| Q1 24 | $0.45 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7M | $13.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $254.8M | $-134.0M |
| Total Assets | $1.3B | $228.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | — | ||
| Q3 25 | $1.2M | $13.7M | ||
| Q2 25 | $1.4M | $16.7M | ||
| Q1 25 | $4.6M | $16.4M | ||
| Q4 24 | $1.2M | $21.8M | ||
| Q3 24 | $1.3M | $13.5M | ||
| Q2 24 | $1.5M | $18.8M | ||
| Q1 24 | $1.7M | $22.6M |
| Q4 25 | $254.8M | — | ||
| Q3 25 | $242.1M | $-134.0M | ||
| Q2 25 | $235.4M | $-129.7M | ||
| Q1 25 | $223.1M | $-125.2M | ||
| Q4 24 | $208.6M | $-129.9M | ||
| Q3 24 | $198.1M | $-134.6M | ||
| Q2 24 | $187.9M | $-35.2M | ||
| Q1 24 | $179.6M | $-27.5M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | $228.3M | ||
| Q2 25 | $1.3B | $252.6M | ||
| Q1 25 | $1.3B | $270.1M | ||
| Q4 24 | $1.3B | $273.9M | ||
| Q3 24 | $1.3B | $273.3M | ||
| Q2 24 | $1.3B | $301.7M | ||
| Q1 24 | $1.3B | $313.0M |
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 | $14.1M | $-2.2M |
| Free Cash FlowOCF − Capex | $6.2M | $-3.0M |
| FCF MarginFCF / Revenue | 5.9% | -5.4% |
| Capex IntensityCapex / Revenue | 7.5% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $40.1M | $-31.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.1M | — | ||
| Q3 25 | $24.7M | $-2.2M | ||
| Q2 25 | $8.1M | $1.1M | ||
| Q1 25 | $13.8M | $-6.6M | ||
| Q4 24 | $9.3M | $-15.8M | ||
| Q3 24 | $20.9M | $-13.7M | ||
| Q2 24 | $2.2M | $-1.8M | ||
| Q1 24 | $19.7M | $-7.2M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $18.0M | $-3.0M | ||
| Q2 25 | $5.2M | $468.0K | ||
| Q1 25 | $10.6M | $-7.5M | ||
| Q4 24 | $4.9M | $-21.2M | ||
| Q3 24 | $16.2M | $-14.8M | ||
| Q2 24 | $-1.4M | $-3.7M | ||
| Q1 24 | $16.2M | $-8.5M |
| Q4 25 | 5.9% | — | ||
| Q3 25 | 17.5% | -5.4% | ||
| Q2 25 | 5.1% | 0.7% | ||
| Q1 25 | 9.9% | -11.4% | ||
| Q4 24 | 5.0% | -33.7% | ||
| Q3 24 | 16.1% | -21.5% | ||
| Q2 24 | -1.4% | -5.5% | ||
| Q1 24 | 15.6% | -10.6% |
| Q4 25 | 7.5% | — | ||
| Q3 25 | 6.5% | 1.4% | ||
| Q2 25 | 2.8% | 1.0% | ||
| Q1 25 | 3.0% | 1.3% | ||
| Q4 24 | 4.5% | 8.7% | ||
| Q3 24 | 4.6% | 1.6% | ||
| Q2 24 | 3.5% | 2.8% | ||
| Q1 24 | 3.4% | 1.6% |
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.66× | -4.09× | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | -3.16× | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | -5.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
ISPO
| Residence And Hotel Travel | $25.9M | 47% |
| Subscription | $19.4M | 35% |
| Experiences And Bespoke Travel | $8.0M | 14% |
| Rewards And Other Revenue | $2.3M | 4% |
