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Side-by-side financial comparison of Acushnet Holdings Corp. (GOLF) and Opendoor Technologies Inc. (OPEN). Click either name above to swap in a different company.

Opendoor Technologies Inc. is the larger business by last-quarter revenue ($736.0M vs $477.2M, roughly 1.5× Acushnet Holdings Corp.). Acushnet Holdings Corp. runs the higher net margin — -7.3% vs -148.9%, a 141.6% gap on every dollar of revenue. On growth, Acushnet Holdings Corp. posted the faster year-over-year revenue change (7.2% vs -32.1%). Opendoor Technologies Inc. produced more free cash flow last quarter ($67.0M vs $-23.3M). Over the past eight quarters, Acushnet Holdings Corp.'s revenue compounded faster (-17.9% CAGR vs -21.1%).

The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

GOLF vs OPEN — Head-to-Head

Bigger by revenue
OPEN
OPEN
1.5× larger
OPEN
$736.0M
$477.2M
GOLF
Growing faster (revenue YoY)
GOLF
GOLF
+39.3% gap
GOLF
7.2%
-32.1%
OPEN
Higher net margin
GOLF
GOLF
141.6% more per $
GOLF
-7.3%
-148.9%
OPEN
More free cash flow
OPEN
OPEN
$90.3M more FCF
OPEN
$67.0M
$-23.3M
GOLF
Faster 2-yr revenue CAGR
GOLF
GOLF
Annualised
GOLF
-17.9%
-21.1%
OPEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOLF
GOLF
OPEN
OPEN
Revenue
$477.2M
$736.0M
Net Profit
$-34.9M
$-1.1B
Gross Margin
44.1%
7.7%
Operating Margin
-3.8%
-20.4%
Net Margin
-7.3%
-148.9%
Revenue YoY
7.2%
-32.1%
Net Profit YoY
-3027.3%
-869.9%
EPS (diluted)
$-0.57
$-1.42

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.

Revenue
GOLF
GOLF
OPEN
OPEN
Q4 25
$477.2M
$736.0M
Q3 25
$657.7M
$915.0M
Q2 25
$720.5M
$1.6B
Q1 25
$703.4M
$1.2B
Q4 24
$445.2M
$1.1B
Q3 24
$620.5M
$1.4B
Q2 24
$683.9M
$1.5B
Q1 24
$707.6M
$1.2B
Net Profit
GOLF
GOLF
OPEN
OPEN
Q4 25
$-34.9M
$-1.1B
Q3 25
$48.5M
$-90.0M
Q2 25
$75.6M
$-29.0M
Q1 25
$99.4M
$-85.0M
Q4 24
$-1.1M
$-113.0M
Q3 24
$56.2M
$-78.0M
Q2 24
$71.4M
$-92.0M
Q1 24
$87.8M
$-109.0M
Gross Margin
GOLF
GOLF
OPEN
OPEN
Q4 25
44.1%
7.7%
Q3 25
48.5%
7.2%
Q2 25
49.2%
8.2%
Q1 25
47.9%
8.6%
Q4 24
22.6%
7.8%
Q3 24
54.4%
7.6%
Q2 24
54.4%
8.5%
Q1 24
53.4%
9.7%
Operating Margin
GOLF
GOLF
OPEN
OPEN
Q4 25
-3.8%
-20.4%
Q3 25
14.1%
-7.4%
Q2 25
15.2%
-0.8%
Q1 25
16.3%
-4.9%
Q4 24
-1.2%
-8.7%
Q3 24
13.2%
-4.9%
Q2 24
15.5%
-4.8%
Q1 24
17.2%
-7.4%
Net Margin
GOLF
GOLF
OPEN
OPEN
Q4 25
-7.3%
-148.9%
Q3 25
7.4%
-9.8%
Q2 25
10.5%
-1.9%
Q1 25
14.1%
-7.4%
Q4 24
-0.3%
-10.4%
Q3 24
9.1%
-5.7%
Q2 24
10.4%
-6.1%
Q1 24
12.4%
-9.2%
EPS (diluted)
GOLF
GOLF
OPEN
OPEN
Q4 25
$-0.57
$-1.42
Q3 25
$0.81
$-0.12
Q2 25
$1.25
$-0.04
Q1 25
$1.62
$-0.12
Q4 24
$0.02
$-0.16
Q3 24
$0.89
$-0.11
Q2 24
$1.11
$-0.13
Q1 24
$1.35
$-0.16

Balance Sheet & Financial Strength

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

Metric
GOLF
GOLF
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$962.0M
Total DebtLower is stronger
$926.2M
Stockholders' EquityBook value
$783.6M
$1.0B
Total Assets
$2.3B
$2.4B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOLF
GOLF
OPEN
OPEN
Q4 25
$962.0M
Q3 25
$962.0M
Q2 25
$789.0M
Q1 25
$559.0M
Q4 24
$679.0M
Q3 24
$837.0M
Q2 24
$809.0M
Q1 24
$990.0M
Total Debt
GOLF
GOLF
OPEN
OPEN
Q4 25
$926.2M
Q3 25
Q2 25
Q1 25
Q4 24
$753.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GOLF
GOLF
OPEN
OPEN
Q4 25
$783.6M
$1.0B
Q3 25
$852.3M
$811.0M
Q2 25
$808.5M
$631.0M
Q1 25
$780.3M
$645.0M
Q4 24
$765.2M
$713.0M
Q3 24
$863.9M
$801.0M
Q2 24
$863.7M
$845.0M
Q1 24
$883.7M
$899.0M
Total Assets
GOLF
GOLF
OPEN
OPEN
Q4 25
$2.3B
$2.4B
Q3 25
$2.4B
$2.7B
Q2 25
$2.4B
$2.9B
Q1 25
$2.4B
$3.3B
Q4 24
$2.2B
$3.1B
Q3 24
$2.3B
$3.4B
Q2 24
$2.3B
$3.4B
Q1 24
$2.4B
$3.4B
Debt / Equity
GOLF
GOLF
OPEN
OPEN
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
0.98×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GOLF
GOLF
OPEN
OPEN
Operating Cash FlowLast quarter
$-338.0K
$70.0M
Free Cash FlowOCF − Capex
$-23.3M
$67.0M
FCF MarginFCF / Revenue
-4.9%
9.1%
Capex IntensityCapex / Revenue
4.8%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$120.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOLF
GOLF
OPEN
OPEN
Q4 25
$-338.0K
$70.0M
Q3 25
$163.1M
$435.0M
Q2 25
$151.9M
$823.0M
Q1 25
$-120.3M
$-279.0M
Q4 24
$-1.1M
$-80.0M
Q3 24
$144.1M
$62.0M
Q2 24
$211.6M
$-399.0M
Q1 24
$-109.5M
$-178.0M
Free Cash Flow
GOLF
GOLF
OPEN
OPEN
Q4 25
$-23.3M
$67.0M
Q3 25
$136.9M
$432.0M
Q2 25
$138.0M
$821.0M
Q1 25
$-131.5M
$-283.0M
Q4 24
$-33.2M
$-83.0M
Q3 24
$123.7M
$56.0M
Q2 24
$196.8M
$-407.0M
Q1 24
$-116.8M
$-186.0M
FCF Margin
GOLF
GOLF
OPEN
OPEN
Q4 25
-4.9%
9.1%
Q3 25
20.8%
47.2%
Q2 25
19.2%
52.4%
Q1 25
-18.7%
-24.5%
Q4 24
-7.5%
-7.7%
Q3 24
19.9%
4.1%
Q2 24
28.8%
-26.9%
Q1 24
-16.5%
-15.7%
Capex Intensity
GOLF
GOLF
OPEN
OPEN
Q4 25
4.8%
0.4%
Q3 25
4.0%
0.3%
Q2 25
1.9%
0.1%
Q1 25
1.6%
0.3%
Q4 24
7.2%
0.3%
Q3 24
3.3%
0.4%
Q2 24
2.2%
0.5%
Q1 24
1.0%
0.7%
Cash Conversion
GOLF
GOLF
OPEN
OPEN
Q4 25
Q3 25
3.36×
Q2 25
2.01×
Q1 25
-1.21×
Q4 24
Q3 24
2.56×
Q2 24
2.96×
Q1 24
-1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GOLF
GOLF

Titleist Golf Equipment$293.8M62%
Footjoy Golf Wear$102.0M21%
Other$45.3M9%
Golf Gear$36.1M8%

OPEN
OPEN

Segment breakdown not available.

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