vs
Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.
PTC THERAPEUTICS, INC. is the larger business by last-quarter revenue ($164.7M vs $114.9M, roughly 1.4× DULUTH HOLDINGS INC.). DULUTH HOLDINGS INC. runs the higher net margin — -8.8% vs -82.0%, a 73.2% gap on every dollar of revenue. On growth, DULUTH HOLDINGS INC. posted the faster year-over-year revenue change (-9.6% vs -22.7%). DULUTH HOLDINGS INC. produced more free cash flow last quarter ($-8.9M vs $-36.6M). Over the past eight quarters, PTC THERAPEUTICS, INC.'s revenue compounded faster (-11.5% CAGR vs -31.6%).
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.
DLTH vs PTCT — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $164.7M |
| Net Profit | $-10.1M | $-135.0M |
| Gross Margin | 53.8% | — |
| Operating Margin | -7.7% | -43.3% |
| Net Margin | -8.8% | -82.0% |
| Revenue YoY | -9.6% | -22.7% |
| Net Profit YoY | 64.6% | -104.8% |
| EPS (diluted) | $-0.29 | $-1.63 |
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 | $164.7M | ||
| Q3 25 | $131.7M | $211.0M | ||
| Q2 25 | $102.7M | $178.9M | ||
| Q1 25 | $241.3M | $1.2B | ||
| Q4 24 | $127.1M | $213.2M | ||
| Q3 24 | $141.6M | $196.8M | ||
| Q2 24 | $116.7M | $186.7M | ||
| Q1 24 | $245.6M | $210.1M |
| Q4 25 | $-10.1M | $-135.0M | ||
| Q3 25 | $1.3M | $15.9M | ||
| Q2 25 | $-15.3M | $-64.8M | ||
| Q1 25 | $-5.6M | $866.6M | ||
| Q4 24 | $-28.2M | $-65.9M | ||
| Q3 24 | $-2.0M | $-106.7M | ||
| Q2 24 | $-7.9M | $-99.2M | ||
| Q1 24 | $6.4M | $-91.6M |
| Q4 25 | 53.8% | — | ||
| Q3 25 | 54.7% | — | ||
| Q2 25 | 52.0% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 52.3% | — | ||
| Q3 24 | 52.3% | — | ||
| Q2 24 | 52.8% | — | ||
| Q1 24 | 48.2% | — |
| Q4 25 | -7.7% | -43.3% | ||
| Q3 25 | 1.8% | 1.4% | ||
| Q2 25 | -12.0% | -19.5% | ||
| Q1 25 | -1.8% | 82.5% | ||
| Q4 24 | -17.4% | -76.2% | ||
| Q3 24 | -1.1% | -27.7% | ||
| Q2 24 | -7.7% | -21.5% | ||
| Q1 24 | 3.6% | -21.6% |
| Q4 25 | -8.8% | -82.0% | ||
| Q3 25 | 1.0% | 7.5% | ||
| Q2 25 | -14.9% | -36.3% | ||
| Q1 25 | -2.3% | 73.7% | ||
| Q4 24 | -22.2% | -30.9% | ||
| Q3 24 | -1.4% | -54.2% | ||
| Q2 24 | -6.7% | -53.1% | ||
| Q1 24 | 2.6% | -43.6% |
| Q4 25 | $-0.29 | $-1.63 | ||
| Q3 25 | $0.04 | $0.20 | ||
| Q2 25 | $-0.45 | $-0.83 | ||
| Q1 25 | $-0.17 | $10.04 | ||
| Q4 24 | $-0.84 | $-0.85 | ||
| Q3 24 | $-0.06 | $-1.39 | ||
| Q2 24 | $-0.24 | $-1.29 | ||
| Q1 24 | $0.20 | $-1.20 |
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 | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $160.6M | $-205.3M |
| Total Assets | $468.0M | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $1.9B | ||
| Q3 25 | $5.7M | $1.7B | ||
| Q2 25 | $8.6M | $2.0B | ||
| Q1 25 | $3.3M | $2.0B | ||
| Q4 24 | $9.3M | $1.1B | ||
| Q3 24 | $9.8M | $1.0B | ||
| Q2 24 | $6.8M | $1.1B | ||
| Q1 24 | $32.2M | $884.8M |
| Q4 25 | $160.6M | $-205.3M | ||
| Q3 25 | $170.0M | $-155.8M | ||
| Q2 25 | $167.9M | $-206.5M | ||
| Q1 25 | $182.7M | $-185.8M | ||
| Q4 24 | $188.1M | $-1.1B | ||
| Q3 24 | $215.7M | $-1.1B | ||
| Q2 24 | $218.4M | $-980.2M | ||
| Q1 24 | $222.8M | $-893.9M |
| Q4 25 | $468.0M | $2.9B | ||
| Q3 25 | $433.8M | $2.6B | ||
| Q2 25 | $463.7M | $2.6B | ||
| Q1 25 | $452.4M | $2.7B | ||
| Q4 24 | $533.1M | $1.7B | ||
| Q3 24 | $488.6M | $1.8B | ||
| Q2 24 | $471.4M | $1.9B | ||
| Q1 24 | $491.2M | $1.8B |
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 | $-34.3M |
| Free Cash FlowOCF − Capex | $-8.9M | $-36.6M |
| FCF MarginFCF / Revenue | -7.8% | -22.3% |
| Capex IntensityCapex / Revenue | 2.0% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $702.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.7M | $-34.3M | ||
| Q3 25 | $32.0M | $-66.3M | ||
| Q2 25 | $-56.5M | $-58.3M | ||
| Q1 25 | $41.2M | $870.1M | ||
| Q4 24 | $-41.1M | $-30.0M | ||
| Q3 24 | $16.6M | $-77.0M | ||
| Q2 24 | $-33.7M | $-71.5M | ||
| Q1 24 | $69.7M | $70.8M |
| Q4 25 | $-8.9M | $-36.6M | ||
| Q3 25 | $29.8M | $-69.7M | ||
| Q2 25 | $-57.8M | $-59.6M | ||
| Q1 25 | $38.7M | $868.4M | ||
| Q4 24 | $-43.7M | $-33.8M | ||
| Q3 24 | $15.0M | $-77.5M | ||
| Q2 24 | $-35.2M | $-78.8M | ||
| Q1 24 | $60.6M | $61.2M |
| Q4 25 | -7.8% | -22.3% | ||
| Q3 25 | 22.6% | -33.1% | ||
| Q2 25 | -56.3% | -33.3% | ||
| Q1 25 | 16.0% | 73.8% | ||
| Q4 24 | -34.4% | -15.8% | ||
| Q3 24 | 10.6% | -39.4% | ||
| Q2 24 | -30.2% | -42.2% | ||
| Q1 24 | 24.7% | 29.1% |
| Q4 25 | 2.0% | 1.4% | ||
| Q3 25 | 1.7% | 1.6% | ||
| Q2 25 | 1.3% | 0.7% | ||
| Q1 25 | 1.0% | 0.1% | ||
| Q4 24 | 2.1% | 1.8% | ||
| Q3 24 | 1.2% | 0.3% | ||
| Q2 24 | 1.3% | 4.0% | ||
| Q1 24 | 3.7% | 4.6% |
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | -4.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
PTCT
Segment breakdown not available.
