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Side-by-side financial comparison of HIGHWOODS PROPERTIES, INC. (HIW) and Revolve Group, Inc. (RVLV). Click either name above to swap in a different company.
Revolve Group, Inc. is the larger business by last-quarter revenue ($324.4M vs $203.4M, roughly 1.6× HIGHWOODS PROPERTIES, INC.). HIGHWOODS PROPERTIES, INC. runs the higher net margin — 14.6% vs 5.7%, a 8.9% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -1.1%). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% CAGR vs -1.9%).
Highwoods Properties, Inc. is a publicly traded real estate investment trust that owns, develops, acquires, and manages high-quality office properties primarily located in fast-growing metropolitan areas across the Southeastern and Mid-Atlantic regions of the United States. Its client base includes corporate tenants across diverse industry segments such as technology, healthcare, finance, and professional services.
Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.
HIW vs RVLV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $203.4M | $324.4M |
| Net Profit | $29.7M | $18.6M |
| Gross Margin | — | 53.3% |
| Operating Margin | 67.2% | 6.3% |
| Net Margin | 14.6% | 5.7% |
| Revenue YoY | -1.1% | 10.4% |
| Net Profit YoY | 1029.4% | 50.4% |
| EPS (diluted) | $0.25 | $0.27 |
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.
| Q4 25 | $203.4M | $324.4M | ||
| Q3 25 | $201.8M | $295.6M | ||
| Q2 25 | $200.6M | $309.0M | ||
| Q1 25 | $200.4M | $296.7M | ||
| Q4 24 | $205.5M | $293.7M | ||
| Q3 24 | $204.3M | $283.1M | ||
| Q2 24 | $204.7M | $282.5M | ||
| Q1 24 | $211.3M | $270.6M |
| Q4 25 | $29.7M | $18.6M | ||
| Q3 25 | $13.7M | $21.2M | ||
| Q2 25 | $19.2M | $10.2M | ||
| Q1 25 | $100.0M | $11.8M | ||
| Q4 24 | $-3.2M | $12.3M | ||
| Q3 24 | $15.5M | $11.0M | ||
| Q2 24 | $64.8M | $15.4M | ||
| Q1 24 | $27.2M | $10.9M |
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 52.3% |
| Q4 25 | 67.2% | 6.3% | ||
| Q3 25 | 67.3% | 7.1% | ||
| Q2 25 | 68.3% | 5.8% | ||
| Q1 25 | 67.5% | 5.0% | ||
| Q4 24 | 65.2% | 3.9% | ||
| Q3 24 | 67.8% | 5.0% | ||
| Q2 24 | 68.5% | 5.8% | ||
| Q1 24 | 66.7% | 3.4% |
| Q4 25 | 14.6% | 5.7% | ||
| Q3 25 | 6.8% | 7.2% | ||
| Q2 25 | 9.6% | 3.3% | ||
| Q1 25 | 49.9% | 4.0% | ||
| Q4 24 | -1.6% | 4.2% | ||
| Q3 24 | 7.6% | 3.9% | ||
| Q2 24 | 31.6% | 5.4% | ||
| Q1 24 | 12.9% | 4.0% |
| Q4 25 | $0.25 | $0.27 | ||
| Q3 25 | $0.12 | $0.29 | ||
| Q2 25 | $0.17 | $0.14 | ||
| Q1 25 | $0.91 | $0.16 | ||
| Q4 24 | $-0.04 | $0.18 | ||
| Q3 24 | $0.14 | $0.15 | ||
| Q2 24 | $0.59 | $0.21 | ||
| Q1 24 | $0.25 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.4M | $292.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.4B | $512.5M |
| Total Assets | $6.3B | $765.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.4M | $292.3M | ||
| Q3 25 | $26.3M | $315.4M | ||
| Q2 25 | $21.2M | $310.7M | ||
| Q1 25 | $20.1M | $300.8M | ||
| Q4 24 | $22.4M | $256.6M | ||
| Q3 24 | $23.6M | $252.8M | ||
| Q2 24 | $27.0M | $244.7M | ||
| Q1 24 | $16.4M | $273.4M |
| Q4 25 | $2.4B | $512.5M | ||
| Q3 25 | $2.4B | $490.2M | ||
| Q2 25 | $2.4B | $468.6M | ||
| Q1 25 | $2.4B | $453.4M | ||
| Q4 24 | $2.4B | $437.8M | ||
| Q3 24 | $2.4B | $420.8M | ||
| Q2 24 | $2.4B | $405.8M | ||
| Q1 24 | $2.4B | $389.9M |
| Q4 25 | $6.3B | $765.0M | ||
| Q3 25 | $6.1B | $751.3M | ||
| Q2 25 | $6.1B | $722.9M | ||
| Q1 25 | $6.1B | $713.9M | ||
| Q4 24 | $6.0B | $665.5M | ||
| Q3 24 | $6.0B | $670.9M | ||
| Q2 24 | $6.0B | $657.8M | ||
| Q1 24 | $6.0B | $650.0M |
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 | $359.2M | $-10.2M |
| Free Cash FlowOCF − Capex | — | $-13.3M |
| FCF MarginFCF / Revenue | — | -4.1% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | 12.09× | -0.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $48.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $359.2M | $-10.2M | ||
| Q3 25 | $96.7M | $11.8M | ||
| Q2 25 | $116.5M | $12.6M | ||
| Q1 25 | $46.3M | $45.1M | ||
| Q4 24 | $403.6M | $3.9M | ||
| Q3 24 | $97.5M | $9.1M | ||
| Q2 24 | $130.0M | $-24.7M | ||
| Q1 24 | $72.4M | $38.4M |
| Q4 25 | — | $-13.3M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | — | $43.4M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $8.0M | ||
| Q2 24 | — | $-25.7M | ||
| Q1 24 | — | $36.7M |
| Q4 25 | — | -4.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | -9.1% | ||
| Q1 24 | — | 13.5% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | 12.09× | -0.55× | ||
| Q3 25 | 7.05× | 0.56× | ||
| Q2 25 | 6.06× | 1.24× | ||
| Q1 25 | 0.46× | 3.82× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | 6.30× | 0.83× | ||
| Q2 24 | 2.01× | -1.60× | ||
| Q1 24 | 2.66× | 3.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIW
| Raleigh NC | $45.6M | 22% |
| Nashville TN | $38.7M | 19% |
| Atlanta GA | $36.1M | 18% |
| Charlotte NC | $26.1M | 13% |
| Tampa FL | $22.2M | 11% |
| Orlando FL | $14.4M | 7% |
| Other | $11.4M | 6% |
| Richmond VA | $8.8M | 4% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
