vs

Side-by-side financial comparison of DULUTH HOLDINGS INC. (DLTH) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

DULUTH HOLDINGS INC. is the larger business by last-quarter revenue ($114.9M vs $109.7M, roughly 1.0× Via Transportation, Inc.). DULUTH HOLDINGS INC. runs the higher net margin — -8.8% vs -33.6%, a 24.8% gap on every dollar of revenue. DULUTH HOLDINGS INC. produced more free cash flow last quarter ($-8.9M vs $-31.8M).

Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

DLTH vs VIA — Head-to-Head

Bigger by revenue
DLTH
DLTH
1.0× larger
DLTH
$114.9M
$109.7M
VIA
Higher net margin
DLTH
DLTH
24.8% more per $
DLTH
-8.8%
-33.6%
VIA
More free cash flow
DLTH
DLTH
$22.8M more FCF
DLTH
$-8.9M
$-31.8M
VIA

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
DLTH
DLTH
VIA
VIA
Revenue
$114.9M
$109.7M
Net Profit
$-10.1M
$-36.9M
Gross Margin
53.8%
39.3%
Operating Margin
-7.7%
-17.2%
Net Margin
-8.8%
-33.6%
Revenue YoY
-9.6%
Net Profit YoY
64.6%
EPS (diluted)
$-0.29
$-1.49

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.

Revenue
DLTH
DLTH
VIA
VIA
Q4 25
$114.9M
Q3 25
$131.7M
$109.7M
Q2 25
$102.7M
Q1 25
$241.3M
Q4 24
$127.1M
Q3 24
$141.6M
Q2 24
$116.7M
Q1 24
$245.6M
Net Profit
DLTH
DLTH
VIA
VIA
Q4 25
$-10.1M
Q3 25
$1.3M
$-36.9M
Q2 25
$-15.3M
Q1 25
$-5.6M
Q4 24
$-28.2M
Q3 24
$-2.0M
Q2 24
$-7.9M
Q1 24
$6.4M
Gross Margin
DLTH
DLTH
VIA
VIA
Q4 25
53.8%
Q3 25
54.7%
39.3%
Q2 25
52.0%
Q1 25
44.1%
Q4 24
52.3%
Q3 24
52.3%
Q2 24
52.8%
Q1 24
48.2%
Operating Margin
DLTH
DLTH
VIA
VIA
Q4 25
-7.7%
Q3 25
1.8%
-17.2%
Q2 25
-12.0%
Q1 25
-1.8%
Q4 24
-17.4%
Q3 24
-1.1%
Q2 24
-7.7%
Q1 24
3.6%
Net Margin
DLTH
DLTH
VIA
VIA
Q4 25
-8.8%
Q3 25
1.0%
-33.6%
Q2 25
-14.9%
Q1 25
-2.3%
Q4 24
-22.2%
Q3 24
-1.4%
Q2 24
-6.7%
Q1 24
2.6%
EPS (diluted)
DLTH
DLTH
VIA
VIA
Q4 25
$-0.29
Q3 25
$0.04
$-1.49
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
DLTH
DLTH
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$8.2M
$378.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$160.6M
$574.6M
Total Assets
$468.0M
$702.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLTH
DLTH
VIA
VIA
Q4 25
$8.2M
Q3 25
$5.7M
$378.2M
Q2 25
$8.6M
Q1 25
$3.3M
Q4 24
$9.3M
Q3 24
$9.8M
Q2 24
$6.8M
Q1 24
$32.2M
Stockholders' Equity
DLTH
DLTH
VIA
VIA
Q4 25
$160.6M
Q3 25
$170.0M
$574.6M
Q2 25
$167.9M
Q1 25
$182.7M
Q4 24
$188.1M
Q3 24
$215.7M
Q2 24
$218.4M
Q1 24
$222.8M
Total Assets
DLTH
DLTH
VIA
VIA
Q4 25
$468.0M
Q3 25
$433.8M
$702.1M
Q2 25
$463.7M
Q1 25
$452.4M
Q4 24
$533.1M
Q3 24
$488.6M
Q2 24
$471.4M
Q1 24
$491.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLTH
DLTH
VIA
VIA
Operating Cash FlowLast quarter
$-6.7M
$-30.4M
Free Cash FlowOCF − Capex
$-8.9M
$-31.8M
FCF MarginFCF / Revenue
-7.8%
-29.0%
Capex IntensityCapex / Revenue
2.0%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLTH
DLTH
VIA
VIA
Q4 25
$-6.7M
Q3 25
$32.0M
$-30.4M
Q2 25
$-56.5M
Q1 25
$41.2M
Q4 24
$-41.1M
Q3 24
$16.6M
Q2 24
$-33.7M
Q1 24
$69.7M
Free Cash Flow
DLTH
DLTH
VIA
VIA
Q4 25
$-8.9M
Q3 25
$29.8M
$-31.8M
Q2 25
$-57.8M
Q1 25
$38.7M
Q4 24
$-43.7M
Q3 24
$15.0M
Q2 24
$-35.2M
Q1 24
$60.6M
FCF Margin
DLTH
DLTH
VIA
VIA
Q4 25
-7.8%
Q3 25
22.6%
-29.0%
Q2 25
-56.3%
Q1 25
16.0%
Q4 24
-34.4%
Q3 24
10.6%
Q2 24
-30.2%
Q1 24
24.7%
Capex Intensity
DLTH
DLTH
VIA
VIA
Q4 25
2.0%
Q3 25
1.7%
1.2%
Q2 25
1.3%
Q1 25
1.0%
Q4 24
2.1%
Q3 24
1.2%
Q2 24
1.3%
Q1 24
3.7%
Cash Conversion
DLTH
DLTH
VIA
VIA
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
DLTH

Sales Channel Directly To Consumer$67.4M59%
Sales Channel Through Intermediary$47.4M41%

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

Related Comparisons