vs
Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.
STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $114.9M, roughly 1.2× DULUTH HOLDINGS INC.). DULUTH HOLDINGS INC. runs the higher net margin — -8.8% vs -40.6%, a 31.8% gap on every dollar of revenue. On growth, STRATASYS LTD. posted the faster year-over-year revenue change (-2.2% vs -9.6%). STRATASYS LTD. produced more free cash flow last quarter ($2.5M vs $-8.9M). Over the past eight quarters, STRATASYS LTD.'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.
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
DLTH vs SSYS — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.9M | $137.0M |
| Net Profit | $-10.1M | $-55.6M |
| Gross Margin | 53.8% | 41.0% |
| Operating Margin | -7.7% | -16.6% |
| Net Margin | -8.8% | -40.6% |
| Revenue YoY | -9.6% | -2.2% |
| Net Profit YoY | 64.6% | -109.0% |
| EPS (diluted) | $-0.29 | — |
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 | $137.0M | ||
| Q2 25 | $102.7M | $138.1M | ||
| Q1 25 | $241.3M | $136.0M | ||
| Q4 24 | $127.1M | — | ||
| Q3 24 | $141.6M | $140.0M | ||
| Q2 24 | $116.7M | $138.0M | ||
| Q1 24 | $245.6M | $144.1M |
| Q4 25 | $-10.1M | — | ||
| Q3 25 | $1.3M | $-55.6M | ||
| Q2 25 | $-15.3M | $-16.7M | ||
| Q1 25 | $-5.6M | $-13.1M | ||
| Q4 24 | $-28.2M | — | ||
| Q3 24 | $-2.0M | $-26.6M | ||
| Q2 24 | $-7.9M | $-25.7M | ||
| Q1 24 | $6.4M | $-26.0M |
| Q4 25 | 53.8% | — | ||
| Q3 25 | 54.7% | 41.0% | ||
| Q2 25 | 52.0% | 43.1% | ||
| Q1 25 | 44.1% | 44.3% | ||
| Q4 24 | 52.3% | — | ||
| Q3 24 | 52.3% | 44.8% | ||
| Q2 24 | 52.8% | 43.8% | ||
| Q1 24 | 48.2% | 44.4% |
| Q4 25 | -7.7% | — | ||
| Q3 25 | 1.8% | -16.6% | ||
| Q2 25 | -12.0% | -12.0% | ||
| Q1 25 | -1.8% | -9.1% | ||
| Q4 24 | -17.4% | — | ||
| Q3 24 | -1.1% | -18.2% | ||
| Q2 24 | -7.7% | -18.9% | ||
| Q1 24 | 3.6% | -17.0% |
| Q4 25 | -8.8% | — | ||
| Q3 25 | 1.0% | -40.6% | ||
| Q2 25 | -14.9% | -12.1% | ||
| Q1 25 | -2.3% | -9.6% | ||
| Q4 24 | -22.2% | — | ||
| Q3 24 | -1.4% | -19.0% | ||
| Q2 24 | -6.7% | -18.6% | ||
| Q1 24 | 2.6% | -18.0% |
| Q4 25 | $-0.29 | — | ||
| Q3 25 | $0.04 | — | ||
| Q2 25 | $-0.45 | — | ||
| Q1 25 | $-0.17 | — | ||
| Q4 24 | $-0.84 | — | ||
| Q3 24 | $-0.06 | — | ||
| Q2 24 | $-0.24 | — | ||
| Q1 24 | $0.20 | — |
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 | $71.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $160.6M | $852.5M |
| Total Assets | $468.0M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | — | ||
| Q3 25 | $5.7M | $71.5M | ||
| Q2 25 | $8.6M | $71.1M | ||
| Q1 25 | $3.3M | $70.1M | ||
| Q4 24 | $9.3M | — | ||
| Q3 24 | $9.8M | $64.0M | ||
| Q2 24 | $6.8M | $70.9M | ||
| Q1 24 | $32.2M | $91.1M |
| Q4 25 | $160.6M | — | ||
| Q3 25 | $170.0M | $852.5M | ||
| Q2 25 | $167.9M | $902.4M | ||
| Q1 25 | $182.7M | $784.8M | ||
| Q4 24 | $188.1M | — | ||
| Q3 24 | $215.7M | $831.8M | ||
| Q2 24 | $218.4M | $850.5M | ||
| Q1 24 | $222.8M | $866.1M |
| Q4 25 | $468.0M | — | ||
| Q3 25 | $433.8M | $1.1B | ||
| Q2 25 | $463.7M | $1.1B | ||
| Q1 25 | $452.4M | $1.0B | ||
| Q4 24 | $533.1M | — | ||
| Q3 24 | $488.6M | $1.1B | ||
| Q2 24 | $471.4M | $1.1B | ||
| Q1 24 | $491.2M | $1.1B |
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 | $6.9M |
| Free Cash FlowOCF − Capex | $-8.9M | $2.5M |
| FCF MarginFCF / Revenue | -7.8% | 1.8% |
| Capex IntensityCapex / Revenue | 2.0% | 3.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $-11.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.7M | — | ||
| Q3 25 | $32.0M | $6.9M | ||
| Q2 25 | $-56.5M | $-1.1M | ||
| Q1 25 | $41.2M | $4.5M | ||
| Q4 24 | $-41.1M | — | ||
| Q3 24 | $16.6M | $-4.5M | ||
| Q2 24 | $-33.7M | $-2.4M | ||
| Q1 24 | $69.7M | $7.3M |
| Q4 25 | $-8.9M | — | ||
| Q3 25 | $29.8M | $2.5M | ||
| Q2 25 | $-57.8M | $-8.4M | ||
| Q1 25 | $38.7M | $789.0K | ||
| Q4 24 | $-43.7M | — | ||
| Q3 24 | $15.0M | $-6.3M | ||
| Q2 24 | $-35.2M | $-4.9M | ||
| Q1 24 | $60.6M | $5.0M |
| Q4 25 | -7.8% | — | ||
| Q3 25 | 22.6% | 1.8% | ||
| Q2 25 | -56.3% | -6.1% | ||
| Q1 25 | 16.0% | 0.6% | ||
| Q4 24 | -34.4% | — | ||
| Q3 24 | 10.6% | -4.5% | ||
| Q2 24 | -30.2% | -3.6% | ||
| Q1 24 | 24.7% | 3.5% |
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.7% | 3.2% | ||
| Q2 25 | 1.3% | 5.3% | ||
| Q1 25 | 1.0% | 2.8% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.2% | 1.3% | ||
| Q2 24 | 1.3% | 1.8% | ||
| Q1 24 | 3.7% | 1.6% |
| Q4 25 | — | — | ||
| Q3 25 | 25.40× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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% |
SSYS
Segment breakdown not available.
