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Side-by-side financial comparison of Fossil Group, Inc. (FOSL) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

Fossil Group, Inc. is the larger business by last-quarter revenue ($270.2M vs $191.2M, roughly 1.4× POWER SOLUTIONS INTERNATIONAL, INC.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -14.8%, a 23.2% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs -21.1%). POWER SOLUTIONS INTERNATIONAL, INC. produced more free cash flow last quarter ($-7.6M vs $-22.5M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs -11.4%).

Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

FOSL vs PSIX — Head-to-Head

Bigger by revenue
FOSL
FOSL
1.4× larger
FOSL
$270.2M
$191.2M
PSIX
Growing faster (revenue YoY)
PSIX
PSIX
+53.6% gap
PSIX
32.5%
-21.1%
FOSL
Higher net margin
PSIX
PSIX
23.2% more per $
PSIX
8.4%
-14.8%
FOSL
More free cash flow
PSIX
PSIX
$14.9M more FCF
PSIX
$-7.6M
$-22.5M
FOSL
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
-11.4%
FOSL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FOSL
FOSL
PSIX
PSIX
Revenue
$270.2M
$191.2M
Net Profit
$-40.0M
$16.1M
Gross Margin
49.0%
21.9%
Operating Margin
-8.0%
12.7%
Net Margin
-14.8%
8.4%
Revenue YoY
-21.1%
32.5%
Net Profit YoY
-257.8%
-31.0%
EPS (diluted)
$-0.76
$0.69

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
FOSL
FOSL
PSIX
PSIX
Q4 25
$270.2M
$191.2M
Q3 25
$220.4M
$203.8M
Q2 25
$233.3M
$191.9M
Q1 25
$135.4M
Q4 24
$342.3M
$144.3M
Q3 24
$287.8M
$125.8M
Q2 24
$260.0M
$110.6M
Q1 24
$254.9M
$95.2M
Net Profit
FOSL
FOSL
PSIX
PSIX
Q4 25
$-40.0M
$16.1M
Q3 25
$-2.1M
$27.6M
Q2 25
$-17.9M
$51.2M
Q1 25
$19.1M
Q4 24
$-11.2M
$23.3M
Q3 24
$-31.9M
$17.3M
Q2 24
$-38.8M
$21.5M
Q1 24
$-24.3M
$7.1M
Gross Margin
FOSL
FOSL
PSIX
PSIX
Q4 25
49.0%
21.9%
Q3 25
57.5%
23.9%
Q2 25
61.3%
28.2%
Q1 25
29.7%
Q4 24
53.9%
29.9%
Q3 24
49.4%
28.9%
Q2 24
52.6%
31.8%
Q1 24
52.4%
27.0%
Operating Margin
FOSL
FOSL
PSIX
PSIX
Q4 25
-8.0%
12.7%
Q3 25
3.9%
13.9%
Q2 25
-2.9%
16.9%
Q1 25
18.2%
Q4 24
-4.8%
17.5%
Q3 24
-8.5%
16.3%
Q2 24
-13.1%
22.9%
Q1 24
-11.5%
11.2%
Net Margin
FOSL
FOSL
PSIX
PSIX
Q4 25
-14.8%
8.4%
Q3 25
-1.0%
13.5%
Q2 25
-7.7%
26.7%
Q1 25
14.1%
Q4 24
-3.3%
16.1%
Q3 24
-11.1%
13.8%
Q2 24
-14.9%
19.5%
Q1 24
-9.5%
7.5%
EPS (diluted)
FOSL
FOSL
PSIX
PSIX
Q4 25
$-0.76
$0.69
Q3 25
$-0.04
$1.20
Q2 25
$-0.33
$2.22
Q1 25
$0.83
Q4 24
$-0.15
$1.01
Q3 24
$-0.60
$0.75
Q2 24
$-0.73
$0.94
Q1 24
$-0.46
$0.31

Balance Sheet & Financial Strength

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

Metric
FOSL
FOSL
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$79.2M
$41.3M
Total DebtLower is stronger
$169.1M
$96.6M
Stockholders' EquityBook value
$112.6M
$178.6M
Total Assets
$701.0M
$424.7M
Debt / EquityLower = less leverage
1.50×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOSL
FOSL
PSIX
PSIX
Q4 25
$79.2M
$41.3M
Q3 25
$109.9M
$49.0M
Q2 25
$78.3M
$49.5M
Q1 25
$50.0M
Q4 24
$123.6M
$55.3M
Q3 24
$106.3M
$40.5M
Q2 24
$104.9M
$28.8M
Q1 24
$112.9M
$33.1M
Total Debt
FOSL
FOSL
PSIX
PSIX
Q4 25
$169.1M
$96.6M
Q3 25
$165.6M
$96.7M
Q2 25
$167.2M
$1.8M
Q1 25
$1.0M
Q4 24
$162.7M
$184.0K
Q3 24
$173.4M
$238.0K
Q2 24
$156.5M
$292.0K
Q1 24
$202.9M
$345.0K
Stockholders' Equity
FOSL
FOSL
PSIX
PSIX
Q4 25
$112.6M
$178.6M
Q3 25
$150.3M
$162.5M
Q2 25
$140.6M
$135.7M
Q1 25
$84.3M
Q4 24
$148.7M
$65.3M
Q3 24
$164.4M
$42.1M
Q2 24
$189.6M
$24.8M
Q1 24
$229.1M
$3.2M
Total Assets
FOSL
FOSL
PSIX
PSIX
Q4 25
$701.0M
$424.7M
Q3 25
$704.5M
$458.9M
Q2 25
$686.0M
$437.7M
Q1 25
$372.7M
Q4 24
$763.6M
$328.2M
Q3 24
$812.4M
$339.1M
Q2 24
$785.7M
$307.6M
Q1 24
$891.0M
$286.8M
Debt / Equity
FOSL
FOSL
PSIX
PSIX
Q4 25
1.50×
0.54×
Q3 25
1.10×
0.60×
Q2 25
1.19×
0.01×
Q1 25
0.01×
Q4 24
1.09×
0.00×
Q3 24
1.06×
0.01×
Q2 24
0.83×
0.01×
Q1 24
0.89×
0.11×

Cash Flow & Capital Efficiency

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

Metric
FOSL
FOSL
PSIX
PSIX
Operating Cash FlowLast quarter
$-22.2M
$-4.6M
Free Cash FlowOCF − Capex
$-22.5M
$-7.6M
FCF MarginFCF / Revenue
-8.3%
-4.0%
Capex IntensityCapex / Revenue
0.1%
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$-46.0M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOSL
FOSL
PSIX
PSIX
Q4 25
$-22.2M
$-4.6M
Q3 25
$9.4M
$3.3M
Q2 25
$-60.4M
$16.7M
Q1 25
$8.8M
Q4 24
$30.5M
$32.7M
Q3 24
$-22.8M
$12.6M
Q2 24
$38.4M
$1.5M
Q1 24
$622.0K
$15.6M
Free Cash Flow
FOSL
FOSL
PSIX
PSIX
Q4 25
$-22.5M
$-7.6M
Q3 25
$8.6M
$1.7M
Q2 25
$-60.6M
$14.6M
Q1 25
$5.4M
Q4 24
$28.5M
$30.0M
Q3 24
$-24.1M
$12.1M
Q2 24
$36.6M
$822.0K
Q1 24
$-1.1M
$14.8M
FCF Margin
FOSL
FOSL
PSIX
PSIX
Q4 25
-8.3%
-4.0%
Q3 25
3.9%
0.8%
Q2 25
-26.0%
7.6%
Q1 25
4.0%
Q4 24
8.3%
20.8%
Q3 24
-8.4%
9.7%
Q2 24
14.1%
0.7%
Q1 24
-0.4%
15.6%
Capex Intensity
FOSL
FOSL
PSIX
PSIX
Q4 25
0.1%
1.6%
Q3 25
0.4%
0.8%
Q2 25
0.1%
1.1%
Q1 25
2.5%
Q4 24
0.6%
1.8%
Q3 24
0.4%
0.3%
Q2 24
0.7%
0.6%
Q1 24
0.7%
0.9%
Cash Conversion
FOSL
FOSL
PSIX
PSIX
Q4 25
-0.29×
Q3 25
0.12×
Q2 25
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOSL
FOSL

Transferred At Point In Time$109.7M41%
Traditional Watches$91.3M34%
Other$50.8M19%
Leathers$9.5M4%
Jewelry$4.0M1%
Smartwatches$3.3M1%
Products Other$1.6M1%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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