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Side-by-side financial comparison of Dayforce (DAY) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $242.1M, roughly 2.0× ONESPAWORLD HOLDINGS Ltd). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs -40.9%, a 45.8% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 9.5%). Over the past eight quarters, Dayforce's revenue compounded faster (9.8% CAGR vs 7.1%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
DAY vs OSW — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $242.1M |
| Net Profit | $-196.8M | $12.1M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | 6.8% |
| Net Margin | -40.9% | 5.0% |
| Revenue YoY | 9.5% | 11.5% |
| Net Profit YoY | -9940.0% | -16.2% |
| EPS (diluted) | $-1.23 | $0.12 |
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 | — | $242.1M | ||
| Q3 25 | $481.6M | $258.5M | ||
| Q2 25 | $464.7M | $240.7M | ||
| Q1 25 | $481.8M | $219.6M | ||
| Q4 24 | $465.2M | $217.2M | ||
| Q3 24 | $440.0M | $241.7M | ||
| Q2 24 | $423.3M | $224.9M | ||
| Q1 24 | $431.5M | $211.2M |
| Q4 25 | — | $12.1M | ||
| Q3 25 | $-196.8M | $24.3M | ||
| Q2 25 | $21.3M | $19.9M | ||
| Q1 25 | $14.9M | $15.3M | ||
| Q4 24 | $10.8M | $14.4M | ||
| Q3 24 | $2.0M | $21.6M | ||
| Q2 24 | $-1.8M | $15.8M | ||
| Q1 24 | $7.1M | $21.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
| Q4 25 | — | 6.8% | ||
| Q3 25 | 6.3% | 10.2% | ||
| Q2 25 | 9.1% | 9.2% | ||
| Q1 25 | 6.4% | 7.7% | ||
| Q4 24 | 6.1% | 7.9% | ||
| Q3 24 | 4.7% | 10.3% | ||
| Q2 24 | 3.3% | 8.4% | ||
| Q1 24 | 9.4% | 8.0% |
| Q4 25 | — | 5.0% | ||
| Q3 25 | -40.9% | 9.4% | ||
| Q2 25 | 4.6% | 8.3% | ||
| Q1 25 | 3.1% | 7.0% | ||
| Q4 24 | 2.3% | 6.6% | ||
| Q3 24 | 0.5% | 8.9% | ||
| Q2 24 | -0.4% | 7.0% | ||
| Q1 24 | 1.6% | 10.0% |
| Q4 25 | — | $0.12 | ||
| Q3 25 | $-1.23 | $0.23 | ||
| Q2 25 | $0.13 | $0.19 | ||
| Q1 25 | $0.09 | $0.15 | ||
| Q4 24 | $0.07 | $0.13 | ||
| Q3 24 | $0.01 | $0.20 | ||
| Q2 24 | $-0.01 | $0.15 | ||
| Q1 24 | $0.04 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $627.6M | $16.3M |
| Total DebtLower is stronger | $631.1M | $84.0M |
| Stockholders' EquityBook value | $2.7B | $542.6M |
| Total Assets | $8.7B | $707.1M |
| Debt / EquityLower = less leverage | 0.23× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $16.3M | ||
| Q3 25 | $627.6M | $29.6M | ||
| Q2 25 | $625.2M | $35.0M | ||
| Q1 25 | $557.3M | $22.6M | ||
| Q4 24 | $579.7M | $57.4M | ||
| Q3 24 | $494.1M | $48.8M | ||
| Q2 24 | $465.4M | $62.5M | ||
| Q1 24 | $392.5M | $65.4M |
| Q4 25 | — | $84.0M | ||
| Q3 25 | $631.1M | $85.2M | ||
| Q2 25 | $631.8M | $96.2M | ||
| Q1 25 | $632.4M | $97.4M | ||
| Q4 24 | $1.2B | $98.6M | ||
| Q3 24 | $1.2B | $98.7M | ||
| Q2 24 | $1.2B | $123.8M | ||
| Q1 24 | $1.2B | $138.6M |
| Q4 25 | — | $542.6M | ||
| Q3 25 | $2.7B | $552.8M | ||
| Q2 25 | $2.7B | $548.3M | ||
| Q1 25 | $2.6B | $530.6M | ||
| Q4 24 | $2.5B | $554.5M | ||
| Q3 24 | $2.6B | $540.1M | ||
| Q2 24 | $2.5B | $532.7M | ||
| Q1 24 | $2.4B | $515.5M |
| Q4 25 | — | $707.1M | ||
| Q3 25 | $8.7B | $732.6M | ||
| Q2 25 | $8.5B | $731.8M | ||
| Q1 25 | $9.5B | $708.7M | ||
| Q4 24 | $9.1B | $746.4M | ||
| Q3 24 | $8.1B | $734.0M | ||
| Q2 24 | $9.0B | $756.8M | ||
| Q1 24 | $10.8B | $763.6M |
| Q4 25 | — | 0.15× | ||
| Q3 25 | 0.23× | 0.15× | ||
| Q2 25 | 0.23× | 0.18× | ||
| Q1 25 | 0.24× | 0.18× | ||
| Q4 24 | 0.47× | 0.18× | ||
| Q3 24 | 0.47× | 0.18× | ||
| Q2 24 | 0.49× | 0.23× | ||
| Q1 24 | 0.50× | 0.27× |
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 | $31.2M | $20.0M |
| Free Cash FlowOCF − Capex | — | $14.9M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $20.0M | ||
| Q3 25 | $31.2M | $33.2M | ||
| Q2 25 | $112.7M | $20.3M | ||
| Q1 25 | $49.6M | $10.1M | ||
| Q4 24 | $81.0M | $16.6M | ||
| Q3 24 | $91.8M | $28.6M | ||
| Q2 24 | $99.2M | $18.7M | ||
| Q1 24 | $9.1M | $15.0M |
| Q4 25 | — | $14.9M | ||
| Q3 25 | — | $27.6M | ||
| Q2 25 | — | $17.6M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | — | $27.5M | ||
| Q2 24 | — | $17.6M | ||
| Q1 24 | — | $13.7M |
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 6.5% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | 5.29× | 1.02× | ||
| Q1 25 | 3.33× | 0.66× | ||
| Q4 24 | 7.50× | 1.15× | ||
| Q3 24 | 45.90× | 1.33× | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | 1.28× | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
