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Side-by-side financial comparison of HARTE HANKS INC (HHS) and MFA FINANCIAL, INC. (MFA). Click either name above to swap in a different company.

MFA FINANCIAL, INC. is the larger business by last-quarter revenue ($55.5M vs $39.9M, roughly 1.4× HARTE HANKS INC). On growth, MFA FINANCIAL, INC. posted the faster year-over-year revenue change (9.2% vs -15.4%). Over the past eight quarters, MFA FINANCIAL, INC.'s revenue compounded faster (7.7% CAGR vs -6.4%).

Harte Hanks is a global marketing services company headquartered in Boston, Massachusetts. Harte Hanks services include analytics, strategy, marketing technology, creative services, digital marketing, customer care, direct mail, logistics, and fulfillment.

MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.

HHS vs MFA — Head-to-Head

Bigger by revenue
MFA
MFA
1.4× larger
MFA
$55.5M
$39.9M
HHS
Growing faster (revenue YoY)
MFA
MFA
+24.6% gap
MFA
9.2%
-15.4%
HHS
Faster 2-yr revenue CAGR
MFA
MFA
Annualised
MFA
7.7%
-6.4%
HHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HHS
HHS
MFA
MFA
Revenue
$39.9M
$55.5M
Net Profit
$2.2M
Gross Margin
Operating Margin
-0.3%
97.9%
Net Margin
5.5%
Revenue YoY
-15.4%
9.2%
Net Profit YoY
EPS (diluted)
$0.30
$0.43

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
HHS
HHS
MFA
MFA
Q4 25
$39.9M
$55.5M
Q3 25
$39.5M
$56.8M
Q2 25
$38.6M
$61.3M
Q1 25
$41.6M
$57.5M
Q4 24
$47.1M
$50.8M
Q3 24
$47.6M
$50.6M
Q2 24
$45.0M
$53.5M
Q1 24
$45.4M
$47.8M
Net Profit
HHS
HHS
MFA
MFA
Q4 25
$2.2M
Q3 25
$-2.3M
$48.1M
Q2 25
$-335.0K
$33.2M
Q1 25
$-392.0K
$41.2M
Q4 24
Q3 24
$142.0K
$48.2M
Q2 24
$-27.8M
$41.9M
Q1 24
$-171.0K
$23.2M
Operating Margin
HHS
HHS
MFA
MFA
Q4 25
-0.3%
97.9%
Q3 25
1.3%
84.5%
Q2 25
0.1%
54.5%
Q1 25
-0.1%
70.0%
Q4 24
-3.3%
6.8%
Q3 24
4.0%
98.2%
Q2 24
3.0%
79.1%
Q1 24
0.8%
50.7%
Net Margin
HHS
HHS
MFA
MFA
Q4 25
5.5%
Q3 25
-5.8%
84.7%
Q2 25
-0.9%
54.2%
Q1 25
-0.9%
71.6%
Q4 24
Q3 24
0.3%
95.2%
Q2 24
-61.8%
78.4%
Q1 24
-0.4%
48.5%
EPS (diluted)
HHS
HHS
MFA
MFA
Q4 25
$0.30
$0.43
Q3 25
$-0.31
$0.35
Q2 25
$-0.05
$0.21
Q1 25
$-0.05
$0.31
Q4 24
$-0.31
$-0.01
Q3 24
$0.02
$0.37
Q2 24
$-3.84
$0.32
Q1 24
$-0.02
$0.14

Balance Sheet & Financial Strength

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

Metric
HHS
HHS
MFA
MFA
Cash + ST InvestmentsLiquidity on hand
$5.6M
$213.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.5M
$1.8B
Total Assets
$91.8M
$13.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HHS
HHS
MFA
MFA
Q4 25
$5.6M
$213.2M
Q3 25
$6.5M
$305.2M
Q2 25
$4.8M
$275.7M
Q1 25
$9.0M
$253.7M
Q4 24
$9.8M
$338.9M
Q3 24
$5.9M
$305.6M
Q2 24
$11.0M
$289.4M
Q1 24
$11.5M
$306.3M
Stockholders' Equity
HHS
HHS
MFA
MFA
Q4 25
$20.5M
$1.8B
Q3 25
$19.9M
$1.8B
Q2 25
$22.2M
$1.8B
Q1 25
$21.4M
$1.8B
Q4 24
$21.7M
$1.8B
Q3 24
$21.0M
$1.9B
Q2 24
$20.6M
$1.9B
Q1 24
$20.0M
$1.9B
Total Assets
HHS
HHS
MFA
MFA
Q4 25
$91.8M
$13.0B
Q3 25
$92.7M
$12.1B
Q2 25
$95.0M
$11.7B
Q1 25
$100.6M
$11.5B
Q4 24
$101.8M
$11.4B
Q3 24
$108.1M
$11.2B
Q2 24
$109.7M
$11.1B
Q1 24
$113.4M
$10.9B

Cash Flow & Capital Efficiency

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

Metric
HHS
HHS
MFA
MFA
Operating Cash FlowLast quarter
$737.0K
$76.2M
Free Cash FlowOCF − Capex
$-686.0K
FCF MarginFCF / Revenue
-1.7%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
0.33×
TTM Free Cash FlowTrailing 4 quarters
$-4.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HHS
HHS
MFA
MFA
Q4 25
$737.0K
$76.2M
Q3 25
$3.2M
$14.7M
Q2 25
$-4.8M
$38.5M
Q1 25
$-818.0K
$-14.6M
Q4 24
$4.0M
$200.1M
Q3 24
$-2.9M
$-11.3M
Q2 24
$1.6M
$46.5M
Q1 24
$-5.7M
$53.5M
Free Cash Flow
HHS
HHS
MFA
MFA
Q4 25
$-686.0K
Q3 25
$2.2M
Q2 25
$-5.1M
Q1 25
$-923.0K
Q4 24
$3.4M
Q3 24
$-4.9M
Q2 24
$926.0K
Q1 24
$-6.2M
FCF Margin
HHS
HHS
MFA
MFA
Q4 25
-1.7%
Q3 25
5.5%
Q2 25
-13.1%
Q1 25
-2.2%
Q4 24
7.3%
Q3 24
-10.2%
Q2 24
2.1%
Q1 24
-13.7%
Capex Intensity
HHS
HHS
MFA
MFA
Q4 25
3.6%
Q3 25
2.5%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
1.3%
Q3 24
4.0%
Q2 24
1.5%
Q1 24
1.2%
Cash Conversion
HHS
HHS
MFA
MFA
Q4 25
0.33×
Q3 25
0.31×
Q2 25
1.16×
Q1 25
-0.35×
Q4 24
Q3 24
-20.76×
-0.23×
Q2 24
1.11×
Q1 24
2.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HHS
HHS

Fulfillment And Logistics Services$17.3M43%
Customer Care$13.7M34%
Other$8.9M22%

MFA
MFA

Segment breakdown not available.

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