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Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $114.9M, roughly 1.8× DULUTH HOLDINGS INC.). On growth, STONERIDGE INC posted the faster year-over-year revenue change (-6.0% vs -9.6%). STONERIDGE INC produced more free cash flow last quarter ($2.6M vs $-8.9M). Over the past eight quarters, STONERIDGE INC's revenue compounded faster (-7.4% CAGR vs -31.6%).
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
DLTH vs SRI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $205.2M |
| Net Profit | $-10.1M | — |
| Gross Margin | 53.8% | 16.2% |
| Operating Margin | -7.7% | -14.4% |
| Net Margin | -8.8% | — |
| Revenue YoY | -9.6% | -6.0% |
| Net Profit YoY | 64.6% | — |
| EPS (diluted) | $-0.29 | $-2.76 |
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 | $205.2M | ||
| Q3 25 | $131.7M | $210.3M | ||
| Q2 25 | $102.7M | $228.0M | ||
| Q1 25 | $241.3M | $217.9M | ||
| Q4 24 | $127.1M | $218.2M | ||
| Q3 24 | $141.6M | $213.8M | ||
| Q2 24 | $116.7M | $237.1M | ||
| Q1 24 | $245.6M | $239.2M |
| Q4 25 | $-10.1M | — | ||
| Q3 25 | $1.3M | $-9.4M | ||
| Q2 25 | $-15.3M | $-9.4M | ||
| Q1 25 | $-5.6M | $-7.2M | ||
| Q4 24 | $-28.2M | — | ||
| Q3 24 | $-2.0M | $-7.1M | ||
| Q2 24 | $-7.9M | $2.8M | ||
| Q1 24 | $6.4M | $-6.1M |
| Q4 25 | 53.8% | 16.2% | ||
| Q3 25 | 54.7% | 20.3% | ||
| Q2 25 | 52.0% | 21.5% | ||
| Q1 25 | 44.1% | 21.2% | ||
| Q4 24 | 52.3% | 19.5% | ||
| Q3 24 | 52.3% | 20.8% | ||
| Q2 24 | 52.8% | 22.7% | ||
| Q1 24 | 48.2% | 20.2% |
| Q4 25 | -7.7% | -14.4% | ||
| Q3 25 | 1.8% | -1.6% | ||
| Q2 25 | -12.0% | -1.1% | ||
| Q1 25 | -1.8% | -1.5% | ||
| Q4 24 | -17.4% | -2.0% | ||
| Q3 24 | -1.1% | 0.1% | ||
| Q2 24 | -7.7% | 1.4% | ||
| Q1 24 | 3.6% | 0.1% |
| Q4 25 | -8.8% | — | ||
| Q3 25 | 1.0% | -4.5% | ||
| Q2 25 | -14.9% | -4.1% | ||
| Q1 25 | -2.3% | -3.3% | ||
| Q4 24 | -22.2% | — | ||
| Q3 24 | -1.4% | -3.3% | ||
| Q2 24 | -6.7% | 1.2% | ||
| Q1 24 | 2.6% | -2.6% |
| Q4 25 | $-0.29 | $-2.76 | ||
| Q3 25 | $0.04 | $-0.34 | ||
| Q2 25 | $-0.45 | $-0.34 | ||
| Q1 25 | $-0.17 | $-0.26 | ||
| Q4 24 | $-0.84 | $-0.22 | ||
| Q3 24 | $-0.06 | $-0.26 | ||
| Q2 24 | $-0.24 | $0.10 | ||
| Q1 24 | $0.20 | $-0.22 |
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 | $66.3M |
| Total DebtLower is stronger | — | $180.9M |
| Stockholders' EquityBook value | $160.6M | $179.8M |
| Total Assets | $468.0M | $551.2M |
| Debt / EquityLower = less leverage | — | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $66.3M | ||
| Q3 25 | $5.7M | $54.0M | ||
| Q2 25 | $8.6M | $49.8M | ||
| Q1 25 | $3.3M | $79.1M | ||
| Q4 24 | $9.3M | $71.8M | ||
| Q3 24 | $9.8M | $54.1M | ||
| Q2 24 | $6.8M | $42.1M | ||
| Q1 24 | $32.2M | $48.4M |
| Q4 25 | — | $180.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $160.6M | $179.8M | ||
| Q3 25 | $170.0M | $251.2M | ||
| Q2 25 | $167.9M | $260.5M | ||
| Q1 25 | $182.7M | $253.1M | ||
| Q4 24 | $188.1M | $245.3M | ||
| Q3 24 | $215.7M | $271.4M | ||
| Q2 24 | $218.4M | $270.5M | ||
| Q1 24 | $222.8M | $277.3M |
| Q4 25 | $468.0M | $551.2M | ||
| Q3 25 | $433.8M | $632.1M | ||
| Q2 25 | $463.7M | $639.4M | ||
| Q1 25 | $452.4M | $657.4M | ||
| Q4 24 | $533.1M | $621.6M | ||
| Q3 24 | $488.6M | $662.5M | ||
| Q2 24 | $471.4M | $666.7M | ||
| Q1 24 | $491.2M | $675.4M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $8.8M |
| Free Cash FlowOCF − Capex | $-8.9M | $2.6M |
| FCF MarginFCF / Revenue | -7.8% | 1.3% |
| Capex IntensityCapex / Revenue | 2.0% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.7M | $8.8M | ||
| Q3 25 | $32.0M | $3.6M | ||
| Q2 25 | $-56.5M | $10.7M | ||
| Q1 25 | $41.2M | $10.9M | ||
| Q4 24 | $-41.1M | $19.2M | ||
| Q3 24 | $16.6M | $10.8M | ||
| Q2 24 | $-33.7M | $8.7M | ||
| Q1 24 | $69.7M | $9.1M |
| Q4 25 | $-8.9M | $2.6M | ||
| Q3 25 | $29.8M | $-2.7M | ||
| Q2 25 | $-57.8M | $7.4M | ||
| Q1 25 | $38.7M | $4.8M | ||
| Q4 24 | $-43.7M | $14.0M | ||
| Q3 24 | $15.0M | $4.6M | ||
| Q2 24 | $-35.2M | $1.5M | ||
| Q1 24 | $60.6M | $3.3M |
| Q4 25 | -7.8% | 1.3% | ||
| Q3 25 | 22.6% | -1.3% | ||
| Q2 25 | -56.3% | 3.3% | ||
| Q1 25 | 16.0% | 2.2% | ||
| Q4 24 | -34.4% | 6.4% | ||
| Q3 24 | 10.6% | 2.2% | ||
| Q2 24 | -30.2% | 0.6% | ||
| Q1 24 | 24.7% | 1.4% |
| Q4 25 | 2.0% | 3.0% | ||
| Q3 25 | 1.7% | 3.0% | ||
| Q2 25 | 1.3% | 1.4% | ||
| Q1 25 | 1.0% | 2.8% | ||
| Q4 24 | 2.1% | 2.4% | ||
| Q3 24 | 1.2% | 2.9% | ||
| Q2 24 | 1.3% | 3.0% | ||
| Q1 24 | 3.7% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.11× | ||
| 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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
