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Side-by-side financial comparison of Dogness (International) Corp (DOGZ) and Heritage Distilling Holding Company, Inc. (IPST). Click either name above to swap in a different company.

Dogness (International) Corp is the larger business by last-quarter revenue ($7.7M vs $4.7M, roughly 1.6× Heritage Distilling Holding Company, Inc.). Dogness (International) Corp runs the higher net margin — -67.1% vs -6862.0%, a 6794.9% gap on every dollar of revenue.

Dogness (International) Corp is a pet product manufacturer focused on designing, producing and selling a broad portfolio of pet care goods, including smart pet feeders, automatic waterers, leashes, collars and grooming tools. Its core markets cover North America, Europe and China, serving both retail consumers and B2B partners in the global pet industry.

Newport Craft Brewing & Distilling Company is a brewery and distillery located in Newport, Rhode Island. Established in 1999 as the Coastal Extreme Brewing Company, it was the first microbrewery in Newport and began distilling operations in 2006. The company produces a range of beers and spirits that are distributed in the Northeastern United States. In 2018 it adopted its current name to reflect its combined brewing and distilling operations. Newport Craft is owned by Audrain Hospitality Gro...

DOGZ vs IPST — Head-to-Head

Bigger by revenue
DOGZ
DOGZ
1.6× larger
DOGZ
$7.7M
$4.7M
IPST
Higher net margin
DOGZ
DOGZ
6794.9% more per $
DOGZ
-67.1%
-6862.0%
IPST

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
DOGZ
DOGZ
IPST
IPST
Revenue
$7.7M
$4.7M
Net Profit
$-5.2M
$-323.7M
Gross Margin
11.2%
68.5%
Operating Margin
-70.8%
-2622.6%
Net Margin
-67.1%
-6862.0%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.29
$-31.89

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
DOGZ
DOGZ
IPST
IPST
Q4 25
$7.7M
$4.7M
Q3 25
$3.0M
Q2 25
$6.7M
$1.3M
Q1 25
$1.1M
Q3 24
$1.8M
Q4 23
$10.4M
Net Profit
DOGZ
DOGZ
IPST
IPST
Q4 25
$-5.2M
$-323.7M
Q3 25
$196.3M
Q2 25
$-3.2M
$-7.3M
Q1 25
$-3.0M
Q3 24
$-3.4M
Q4 23
$-3.0M
Gross Margin
DOGZ
DOGZ
IPST
IPST
Q4 25
11.2%
68.5%
Q3 25
61.3%
Q2 25
19.6%
17.2%
Q1 25
24.9%
Q3 24
35.8%
Q4 23
26.1%
Operating Margin
DOGZ
DOGZ
IPST
IPST
Q4 25
-70.8%
-2622.6%
Q3 25
-38.4%
Q2 25
-53.6%
-503.0%
Q1 25
-224.5%
Q3 24
-118.1%
Q4 23
-34.0%
Net Margin
DOGZ
DOGZ
IPST
IPST
Q4 25
-67.1%
-6862.0%
Q3 25
6566.2%
Q2 25
-47.9%
-551.9%
Q1 25
-277.8%
Q3 24
-194.9%
Q4 23
-29.0%
EPS (diluted)
DOGZ
DOGZ
IPST
IPST
Q4 25
$-0.29
$-31.89
Q3 25
$16.97
Q2 25
$-0.77
Q1 25
$-0.34
Q3 24
$-160.41
Q4 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOGZ
DOGZ
IPST
IPST
Cash + ST InvestmentsLiquidity on hand
$6.6M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$95.1M
$98.2M
Total Assets
$114.5M
$108.8M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOGZ
DOGZ
IPST
IPST
Q4 25
$6.6M
Q3 25
Q2 25
$12.8M
Q1 25
Q3 24
Q4 23
$4.5M
Total Debt
DOGZ
DOGZ
IPST
IPST
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$13.0M
Q1 25
$13.0M
Q3 24
$15.0M
Q4 23
Stockholders' Equity
DOGZ
DOGZ
IPST
IPST
Q4 25
$95.1M
$98.2M
Q3 25
$420.4M
Q2 25
$97.8M
$-2.9M
Q1 25
$-329.0K
Q3 24
$-34.0M
Q4 23
$76.3M
Total Assets
DOGZ
DOGZ
IPST
IPST
Q4 25
$114.5M
$108.8M
Q3 25
$482.8M
Q2 25
$116.8M
$26.5M
Q1 25
$27.1M
Q3 24
$31.1M
Q4 23
$97.9M
Debt / Equity
DOGZ
DOGZ
IPST
IPST
Q4 25
0.03×
Q3 25
0.01×
Q2 25
Q1 25
Q3 24
Q4 23

Cash Flow & Capital Efficiency

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

Metric
DOGZ
DOGZ
IPST
IPST
Operating Cash FlowLast quarter
$-1.6M
$-7.5M
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-77.8%
Capex IntensityCapex / Revenue
56.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOGZ
DOGZ
IPST
IPST
Q4 25
$-1.6M
$-7.5M
Q3 25
$-4.3M
Q2 25
$-1.5M
Q1 25
$-2.0M
Q3 24
Q4 23
$-4.4M
Free Cash Flow
DOGZ
DOGZ
IPST
IPST
Q4 25
$-6.0M
Q3 25
$-4.3M
Q2 25
$-1.5M
Q1 25
$-2.0M
Q3 24
Q4 23
$-5.5M
FCF Margin
DOGZ
DOGZ
IPST
IPST
Q4 25
-77.8%
Q3 25
-144.7%
Q2 25
-115.3%
Q1 25
-187.6%
Q3 24
Q4 23
-53.0%
Capex Intensity
DOGZ
DOGZ
IPST
IPST
Q4 25
56.9%
0.0%
Q3 25
1.5%
Q2 25
0.9%
Q1 25
1.6%
Q3 24
Q4 23
10.4%
Cash Conversion
DOGZ
DOGZ
IPST
IPST
Q4 25
Q3 25
-0.02×
Q2 25
Q1 25
Q3 24
Q4 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOGZ
DOGZ

Segment breakdown not available.

IPST
IPST

Direct To Consumer$3.0M63%
Wholesale$1.2M26%
Other$517.7K11%

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