vs
Side-by-side financial comparison of Grocery Outlet Holding Corp. (GO) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.
Grocery Outlet Holding Corp. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× M/I HOMES, INC.). M/I HOMES, INC. runs the higher net margin — 5.6% vs -18.5%, a 24.1% gap on every dollar of revenue. On growth, Grocery Outlet Holding Corp. posted the faster year-over-year revenue change (10.7% vs -4.8%). Over the past eight quarters, Grocery Outlet Holding Corp.'s revenue compounded faster (8.3% CAGR vs 4.7%).
Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware.
M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.
GO vs MHO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.1B |
| Net Profit | $-224.9M | $64.0M |
| Gross Margin | 29.7% | 17.4% |
| Operating Margin | — | 6.5% |
| Net Margin | -18.5% | 5.6% |
| Revenue YoY | 10.7% | -4.8% |
| Net Profit YoY | -669.9% | -52.1% |
| EPS (diluted) | $-2.22 | $2.42 |
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.
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.1B | $976.1M | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
| Q1 26 | $-224.9M | — | ||
| Q4 25 | — | $64.0M | ||
| Q3 25 | $11.6M | $106.5M | ||
| Q2 25 | $5.0M | $121.2M | ||
| Q1 25 | $-23.3M | $111.2M | ||
| Q4 24 | $2.3M | $133.5M | ||
| Q3 24 | $24.2M | $145.4M | ||
| Q2 24 | $14.0M | $146.7M |
| Q1 26 | 29.7% | — | ||
| Q4 25 | — | 17.4% | ||
| Q3 25 | 30.4% | 24.5% | ||
| Q2 25 | 30.6% | 24.7% | ||
| Q1 25 | 30.4% | 25.9% | ||
| Q4 24 | 29.5% | 24.6% | ||
| Q3 24 | 31.1% | 27.1% | ||
| Q2 24 | 30.9% | 27.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.5% | ||
| Q3 25 | 2.0% | 12.0% | ||
| Q2 25 | 1.1% | 13.4% | ||
| Q1 25 | -2.0% | 14.4% | ||
| Q4 24 | 1.0% | 13.6% | ||
| Q3 24 | 3.6% | 15.9% | ||
| Q2 24 | 2.3% | 16.8% |
| Q1 26 | -18.5% | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | 1.0% | 9.4% | ||
| Q2 25 | 0.4% | 10.4% | ||
| Q1 25 | -2.1% | 11.4% | ||
| Q4 24 | 0.2% | 11.1% | ||
| Q3 24 | 2.2% | 12.7% | ||
| Q2 24 | 1.2% | 13.2% |
| Q1 26 | $-2.22 | — | ||
| Q4 25 | — | $2.42 | ||
| Q3 25 | $0.12 | $3.92 | ||
| Q2 25 | $0.05 | $4.42 | ||
| Q1 25 | $-0.24 | $3.98 | ||
| Q4 24 | $0.03 | $4.71 | ||
| Q3 24 | $0.24 | $5.10 | ||
| Q2 24 | $0.14 | $5.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.6M | — |
| Total DebtLower is stronger | $15.0M | — |
| Stockholders' EquityBook value | $983.7M | $3.2B |
| Total Assets | $3.1B | $4.8B |
| Debt / EquityLower = less leverage | 0.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $69.6M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $52.1M | — | ||
| Q2 25 | $55.2M | — | ||
| Q1 25 | $50.9M | — | ||
| Q4 24 | $62.8M | — | ||
| Q3 24 | $68.7M | — | ||
| Q2 24 | $67.1M | — |
| Q1 26 | $15.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $500.3M | — | ||
| Q2 25 | $473.9M | — | ||
| Q1 25 | $475.7M | — | ||
| Q4 24 | $477.5M | — | ||
| Q3 24 | $429.3M | — | ||
| Q2 24 | $379.2M | — |
| Q1 26 | $983.7M | — | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | $1.2B | $3.1B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $1.2B | $2.9B | ||
| Q3 24 | $1.2B | $2.8B | ||
| Q2 24 | $1.2B | $2.7B |
| Q1 26 | $3.1B | — | ||
| Q4 25 | — | $4.8B | ||
| Q3 25 | $3.4B | $4.8B | ||
| Q2 25 | $3.3B | $4.7B | ||
| Q1 25 | $3.3B | $4.6B | ||
| Q4 24 | $3.2B | $4.5B | ||
| Q3 24 | $3.1B | $4.5B | ||
| Q2 24 | $3.1B | $4.3B |
| Q1 26 | 0.02× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — |
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 | $222.1M | $-8.7M |
| Free Cash FlowOCF − Capex | — | $-13.0M |
| FCF MarginFCF / Revenue | — | -1.1% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $222.1M | — | ||
| Q4 25 | — | $-8.7M | ||
| Q3 25 | $17.3M | $43.4M | ||
| Q2 25 | $73.6M | $37.8M | ||
| Q1 25 | $58.9M | $64.9M | ||
| Q4 24 | $39.5M | $104.4M | ||
| Q3 24 | $23.0M | $-67.9M | ||
| Q2 24 | $41.6M | $27.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-13.0M | ||
| Q3 25 | $-21.6M | $42.0M | ||
| Q2 25 | $14.4M | $35.1M | ||
| Q1 25 | $-1.5M | $63.5M | ||
| Q4 24 | $-19.6M | $102.3M | ||
| Q3 24 | $-19.3M | $-68.5M | ||
| Q2 24 | $2.7M | $22.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.1% | ||
| Q3 25 | -1.8% | 3.7% | ||
| Q2 25 | 1.2% | 3.0% | ||
| Q1 25 | -0.1% | 6.5% | ||
| Q4 24 | -1.8% | 8.5% | ||
| Q3 24 | -1.7% | -6.0% | ||
| Q2 24 | 0.2% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | 3.3% | 0.1% | ||
| Q2 25 | 5.0% | 0.2% | ||
| Q1 25 | 5.4% | 0.1% | ||
| Q4 24 | 5.4% | 0.2% | ||
| Q3 24 | 3.8% | 0.1% | ||
| Q2 24 | 3.4% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.14× | ||
| Q3 25 | 1.49× | 0.41× | ||
| Q2 25 | 14.84× | 0.31× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 17.09× | 0.78× | ||
| Q3 24 | 0.95× | -0.47× | ||
| Q2 24 | 2.97× | 0.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GO
Segment breakdown not available.
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
