vs
Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and Janus International Group, Inc. (JBI). Click either name above to swap in a different company.
Janus International Group, Inc. is the larger business by last-quarter revenue ($219.3M vs $114.9M, roughly 1.9× DULUTH HOLDINGS INC.). Janus International Group, Inc. runs the higher net margin — 6.9% vs -8.8%, a 15.7% gap on every dollar of revenue. On growth, Janus International Group, Inc. posted the faster year-over-year revenue change (-4.7% vs -9.6%). Janus International Group, Inc. produced more free cash flow last quarter ($8.3M vs $-8.9M). Over the past eight quarters, Janus International Group, Inc.'s revenue compounded faster (-8.8% CAGR vs -31.6%).
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.
DLTH vs JBI — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $219.3M |
| Net Profit | $-10.1M | $15.2M |
| Gross Margin | 53.8% | 39.1% |
| Operating Margin | -7.7% | 13.4% |
| Net Margin | -8.8% | 6.9% |
| Revenue YoY | -9.6% | -4.7% |
| Net Profit YoY | 64.6% | 28.8% |
| EPS (diluted) | $-0.29 | $0.11 |
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 | $114.9M | — | ||
| Q3 25 | $131.7M | $219.3M | ||
| Q2 25 | $102.7M | $228.1M | ||
| Q1 25 | $241.3M | $210.5M | ||
| Q4 24 | $127.1M | $230.8M | ||
| Q3 24 | $141.6M | $230.1M | ||
| Q2 24 | $116.7M | $248.4M | ||
| Q1 24 | $245.6M | $254.5M |
| Q4 25 | $-10.1M | — | ||
| Q3 25 | $1.3M | $15.2M | ||
| Q2 25 | $-15.3M | $20.7M | ||
| Q1 25 | $-5.6M | $10.8M | ||
| Q4 24 | $-28.2M | $300.0K | ||
| Q3 24 | $-2.0M | $11.8M | ||
| Q2 24 | $-7.9M | $27.6M | ||
| Q1 24 | $6.4M | $30.7M |
| Q4 25 | 53.8% | — | ||
| Q3 25 | 54.7% | 39.1% | ||
| Q2 25 | 52.0% | 40.9% | ||
| Q1 25 | 44.1% | 38.9% | ||
| Q4 24 | 52.3% | 37.8% | ||
| Q3 24 | 52.3% | 39.6% | ||
| Q2 24 | 52.8% | 43.9% | ||
| Q1 24 | 48.2% | 43.4% |
| Q4 25 | -7.7% | — | ||
| Q3 25 | 1.8% | 13.4% | ||
| Q2 25 | -12.0% | 15.8% | ||
| Q1 25 | -1.8% | 12.0% | ||
| Q4 24 | -17.4% | 5.5% | ||
| Q3 24 | -1.1% | 11.6% | ||
| Q2 24 | -7.7% | 20.8% | ||
| Q1 24 | 3.6% | 21.8% |
| Q4 25 | -8.8% | — | ||
| Q3 25 | 1.0% | 6.9% | ||
| Q2 25 | -14.9% | 9.1% | ||
| Q1 25 | -2.3% | 5.1% | ||
| Q4 24 | -22.2% | 0.1% | ||
| Q3 24 | -1.4% | 5.1% | ||
| Q2 24 | -6.7% | 11.1% | ||
| Q1 24 | 2.6% | 12.1% |
| Q4 25 | $-0.29 | — | ||
| Q3 25 | $0.04 | $0.11 | ||
| Q2 25 | $-0.45 | $0.15 | ||
| Q1 25 | $-0.17 | $0.08 | ||
| Q4 24 | $-0.84 | $0.01 | ||
| Q3 24 | $-0.06 | $0.08 | ||
| Q2 24 | $-0.24 | $0.19 | ||
| Q1 24 | $0.20 | $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 | $8.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $160.6M | $560.8M |
| Total Assets | $468.0M | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | — | ||
| Q3 25 | $5.7M | — | ||
| Q2 25 | $8.6M | — | ||
| Q1 25 | $3.3M | — | ||
| Q4 24 | $9.3M | — | ||
| Q3 24 | $9.8M | $102.1M | ||
| Q2 24 | $6.8M | $110.1M | ||
| Q1 24 | $32.2M | — |
| Q4 25 | $160.6M | — | ||
| Q3 25 | $170.0M | $560.8M | ||
| Q2 25 | $167.9M | $543.8M | ||
| Q1 25 | $182.7M | $526.8M | ||
| Q4 24 | $188.1M | $518.8M | ||
| Q3 24 | $215.7M | $526.6M | ||
| Q2 24 | $218.4M | $556.3M | ||
| Q1 24 | $222.8M | $535.4M |
| Q4 25 | $468.0M | — | ||
| Q3 25 | $433.8M | $1.3B | ||
| Q2 25 | $463.7M | $1.3B | ||
| Q1 25 | $452.4M | $1.3B | ||
| Q4 24 | $533.1M | $1.3B | ||
| Q3 24 | $488.6M | $1.3B | ||
| Q2 24 | $471.4M | $1.3B | ||
| Q1 24 | $491.2M | $1.4B |
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 | $-6.7M | $15.0M |
| Free Cash FlowOCF − Capex | $-8.9M | $8.3M |
| FCF MarginFCF / Revenue | -7.8% | 3.8% |
| Capex IntensityCapex / Revenue | 2.0% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $140.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.7M | — | ||
| Q3 25 | $32.0M | $15.0M | ||
| Q2 25 | $-56.5M | $51.4M | ||
| Q1 25 | $41.2M | $48.3M | ||
| Q4 24 | $-41.1M | $51.4M | ||
| Q3 24 | $16.6M | $43.0M | ||
| Q2 24 | $-33.7M | $31.0M | ||
| Q1 24 | $69.7M | $28.6M |
| Q4 25 | $-8.9M | — | ||
| Q3 25 | $29.8M | $8.3M | ||
| Q2 25 | $-57.8M | $44.6M | ||
| Q1 25 | $38.7M | $41.9M | ||
| Q4 24 | $-43.7M | $45.3M | ||
| Q3 24 | $15.0M | $39.3M | ||
| Q2 24 | $-35.2M | $25.3M | ||
| Q1 24 | $60.6M | $24.0M |
| Q4 25 | -7.8% | — | ||
| Q3 25 | 22.6% | 3.8% | ||
| Q2 25 | -56.3% | 19.6% | ||
| Q1 25 | 16.0% | 19.9% | ||
| Q4 24 | -34.4% | 19.6% | ||
| Q3 24 | 10.6% | 17.1% | ||
| Q2 24 | -30.2% | 10.2% | ||
| Q1 24 | 24.7% | 9.4% |
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.7% | 3.1% | ||
| Q2 25 | 1.3% | 3.0% | ||
| Q1 25 | 1.0% | 3.0% | ||
| Q4 24 | 2.1% | 2.6% | ||
| Q3 24 | 1.2% | 1.6% | ||
| Q2 24 | 1.3% | 2.3% | ||
| Q1 24 | 3.7% | 1.8% |
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | 0.99× | ||
| Q2 25 | — | 2.48× | ||
| Q1 25 | — | 4.47× | ||
| Q4 24 | — | 171.33× | ||
| Q3 24 | — | 3.64× | ||
| Q2 24 | — | 1.12× | ||
| Q1 24 | 10.86× | 0.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
JBI
| Self Storage New Construction | $72.3M | 33% |
| Commercial And Others | $65.5M | 30% |
| Self Storage R3 | $54.0M | 25% |
| Transferred At Point In Time | $15.5M | 7% |
| Transferred Over Time | $12.8M | 6% |
