vs
Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and LIVEPERSON INC (LPSN). Click either name above to swap in a different company.
DULUTH HOLDINGS INC. is the larger business by last-quarter revenue ($114.9M vs $59.3M, roughly 1.9× LIVEPERSON INC). DULUTH HOLDINGS INC. runs the higher net margin — -8.8% vs -77.8%, a 69.0% gap on every dollar of revenue. On growth, DULUTH HOLDINGS INC. posted the faster year-over-year revenue change (-9.6% vs -19.0%). DULUTH HOLDINGS INC. produced more free cash flow last quarter ($-8.9M vs $-12.0M). Over the past eight quarters, LIVEPERSON INC's revenue compounded faster (-16.6% CAGR vs -31.6%).
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
LivePerson is a global technology company that develops conversational commerce and AI software.
DLTH vs LPSN — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $59.3M |
| Net Profit | $-10.1M | $-46.1M |
| Gross Margin | 53.8% | 73.2% |
| Operating Margin | -7.7% | -68.7% |
| Net Margin | -8.8% | -77.8% |
| Revenue YoY | -9.6% | -19.0% |
| Net Profit YoY | 64.6% | 58.9% |
| EPS (diluted) | $-0.29 | $-9.22 |
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 | $59.3M | ||
| Q3 25 | $131.7M | $60.2M | ||
| Q2 25 | $102.7M | $59.6M | ||
| Q1 25 | $241.3M | $64.7M | ||
| Q4 24 | $127.1M | $73.2M | ||
| Q3 24 | $141.6M | $74.2M | ||
| Q2 24 | $116.7M | $79.9M | ||
| Q1 24 | $245.6M | $85.1M |
| Q4 25 | $-10.1M | $-46.1M | ||
| Q3 25 | $1.3M | $8.7M | ||
| Q2 25 | $-15.3M | $-15.7M | ||
| Q1 25 | $-5.6M | $-14.1M | ||
| Q4 24 | $-28.2M | $-112.1M | ||
| Q3 24 | $-2.0M | $-28.3M | ||
| Q2 24 | $-7.9M | $41.8M | ||
| Q1 24 | $6.4M | $-35.6M |
| Q4 25 | 53.8% | 73.2% | ||
| Q3 25 | 54.7% | 71.4% | ||
| Q2 25 | 52.0% | 69.7% | ||
| Q1 25 | 44.1% | 71.8% | ||
| Q4 24 | 52.3% | 77.4% | ||
| Q3 24 | 52.3% | 73.1% | ||
| Q2 24 | 52.8% | 79.4% | ||
| Q1 24 | 48.2% | 71.3% |
| Q4 25 | -7.7% | -68.7% | ||
| Q3 25 | 1.8% | -24.2% | ||
| Q2 25 | -12.0% | -10.8% | ||
| Q1 25 | -1.8% | -26.2% | ||
| Q4 24 | -17.4% | -138.0% | ||
| Q3 24 | -1.1% | -21.6% | ||
| Q2 24 | -7.7% | -37.3% | ||
| Q1 24 | 3.6% | -42.7% |
| Q4 25 | -8.8% | -77.8% | ||
| Q3 25 | 1.0% | 14.5% | ||
| Q2 25 | -14.9% | -26.4% | ||
| Q1 25 | -2.3% | -21.8% | ||
| Q4 24 | -22.2% | -153.2% | ||
| Q3 24 | -1.4% | -38.1% | ||
| Q2 24 | -6.7% | 52.3% | ||
| Q1 24 | 2.6% | -41.8% |
| Q4 25 | $-0.29 | $-9.22 | ||
| Q3 25 | $0.04 | $-2.76 | ||
| Q2 25 | $-0.45 | $-0.17 | ||
| Q1 25 | $-0.17 | $-0.24 | ||
| Q4 24 | $-0.84 | $-17.23 | ||
| Q3 24 | $-0.06 | $-4.74 | ||
| Q2 24 | $-0.24 | $-0.33 | ||
| Q1 24 | $0.20 | $-0.40 |
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 | $95.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $160.6M | $-44.5M |
| Total Assets | $468.0M | $454.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $95.0M | ||
| Q3 25 | $5.7M | $106.7M | ||
| Q2 25 | $8.6M | $162.0M | ||
| Q1 25 | $3.3M | $176.3M | ||
| Q4 24 | $9.3M | $183.2M | ||
| Q3 24 | $9.8M | $142.1M | ||
| Q2 24 | $6.8M | $146.0M | ||
| Q1 24 | $32.2M | $127.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $512.1M |
| Q4 25 | $160.6M | $-44.5M | ||
| Q3 25 | $170.0M | $-22.1M | ||
| Q2 25 | $167.9M | $-82.4M | ||
| Q1 25 | $182.7M | $-74.9M | ||
| Q4 24 | $188.1M | $-67.3M | ||
| Q3 24 | $215.7M | $45.9M | ||
| Q2 24 | $218.4M | $66.6M | ||
| Q1 24 | $222.8M | $19.2M |
| Q4 25 | $468.0M | $454.7M | ||
| Q3 25 | $433.8M | $511.4M | ||
| Q2 25 | $463.7M | $604.2M | ||
| Q1 25 | $452.4M | $596.2M | ||
| Q4 24 | $533.1M | $607.8M | ||
| Q3 24 | $488.6M | $692.0M | ||
| Q2 24 | $471.4M | $703.8M | ||
| Q1 24 | $491.2M | $724.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 26.69× |
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 | $-9.7M |
| Free Cash FlowOCF − Capex | $-8.9M | $-12.0M |
| FCF MarginFCF / Revenue | -7.8% | -20.2% |
| Capex IntensityCapex / Revenue | 2.0% | 3.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $-42.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.7M | $-9.7M | ||
| Q3 25 | $32.0M | $-6.0M | ||
| Q2 25 | $-56.5M | $-11.7M | ||
| Q1 25 | $41.2M | $-3.1M | ||
| Q4 24 | $-41.1M | $-3.1M | ||
| Q3 24 | $16.6M | $4.8M | ||
| Q2 24 | $-33.7M | $-17.9M | ||
| Q1 24 | $69.7M | $1.1M |
| Q4 25 | $-8.9M | $-12.0M | ||
| Q3 25 | $29.8M | $-8.9M | ||
| Q2 25 | $-57.8M | $-14.8M | ||
| Q1 25 | $38.7M | $-6.9M | ||
| Q4 24 | $-43.7M | $-6.8M | ||
| Q3 24 | $15.0M | $-230.0K | ||
| Q2 24 | $-35.2M | $-22.9M | ||
| Q1 24 | $60.6M | $-10.4M |
| Q4 25 | -7.8% | -20.2% | ||
| Q3 25 | 22.6% | -14.8% | ||
| Q2 25 | -56.3% | -24.9% | ||
| Q1 25 | 16.0% | -10.6% | ||
| Q4 24 | -34.4% | -9.2% | ||
| Q3 24 | 10.6% | -0.3% | ||
| Q2 24 | -30.2% | -28.7% | ||
| Q1 24 | 24.7% | -12.2% |
| Q4 25 | 2.0% | 3.9% | ||
| Q3 25 | 1.7% | 4.8% | ||
| Q2 25 | 1.3% | 5.3% | ||
| Q1 25 | 1.0% | 5.8% | ||
| Q4 24 | 2.1% | 5.0% | ||
| Q3 24 | 1.2% | 6.8% | ||
| Q2 24 | 1.3% | 6.2% | ||
| Q1 24 | 3.7% | 13.5% |
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | -0.69× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.43× | ||
| Q1 24 | 10.86× | — |
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% |
LPSN
| Hosted Services Business | $51.0M | 86% |
| Professional Services | $8.3M | 14% |
