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Side-by-side financial comparison of HAVERTY FURNITURE COMPANIES INC (HVT) and SPS COMMERCE INC (SPSC). Click either name above to swap in a different company.

HAVERTY FURNITURE COMPANIES INC is the larger business by last-quarter revenue ($201.9M vs $192.7M, roughly 1.0× SPS COMMERCE INC). SPS COMMERCE INC runs the higher net margin — 13.4% vs 4.2%, a 9.2% gap on every dollar of revenue. On growth, SPS COMMERCE INC posted the faster year-over-year revenue change (12.7% vs 9.5%). SPS COMMERCE INC produced more free cash flow last quarter ($38.2M vs $3.0M). Over the past eight quarters, SPS COMMERCE INC's revenue compounded faster (13.5% CAGR vs 4.8%).

Furniture Brands International, Inc. was a home furnishings company, headquartered in Clayton, Missouri. The company began in 1911 as International Shoe Company with the merger of Roberts, Johnson & Rand Shoe Company and Peters Shoe Company. In 1966, the company changed its name to Interco as the result of diversification, and once the company exited the shoe business, adopted the name Furniture Brands International. Some of the brands it owned in the furniture industry included Broyhill, Tho...

SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.

HVT vs SPSC — Head-to-Head

Bigger by revenue
HVT
HVT
1.0× larger
HVT
$201.9M
$192.7M
SPSC
Growing faster (revenue YoY)
SPSC
SPSC
+3.2% gap
SPSC
12.7%
9.5%
HVT
Higher net margin
SPSC
SPSC
9.2% more per $
SPSC
13.4%
4.2%
HVT
More free cash flow
SPSC
SPSC
$35.3M more FCF
SPSC
$38.2M
$3.0M
HVT
Faster 2-yr revenue CAGR
SPSC
SPSC
Annualised
SPSC
13.5%
4.8%
HVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HVT
HVT
SPSC
SPSC
Revenue
$201.9M
$192.7M
Net Profit
$8.5M
$25.8M
Gross Margin
60.4%
70.4%
Operating Margin
5.3%
18.0%
Net Margin
4.2%
13.4%
Revenue YoY
9.5%
12.7%
Net Profit YoY
4.1%
47.2%
EPS (diluted)
$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
HVT
HVT
SPSC
SPSC
Q4 25
$201.9M
$192.7M
Q3 25
$194.5M
$189.9M
Q2 25
$181.0M
$187.4M
Q1 25
$181.6M
$181.5M
Q4 24
$184.4M
$170.9M
Q3 24
$175.9M
$163.7M
Q2 24
$178.6M
$153.6M
Q1 24
$184.0M
$149.6M
Net Profit
HVT
HVT
SPSC
SPSC
Q4 25
$8.5M
$25.8M
Q3 25
$4.7M
$25.6M
Q2 25
$2.7M
$19.7M
Q1 25
$3.8M
$22.2M
Q4 24
$8.2M
$17.6M
Q3 24
$4.9M
$23.5M
Q2 24
$4.4M
$18.0M
Q1 24
$2.4M
$18.0M
Gross Margin
HVT
HVT
SPSC
SPSC
Q4 25
60.4%
70.4%
Q3 25
60.3%
69.5%
Q2 25
60.8%
68.1%
Q1 25
61.2%
68.7%
Q4 24
61.9%
67.5%
Q3 24
60.2%
68.5%
Q2 24
60.4%
66.1%
Q1 24
60.3%
65.6%
Operating Margin
HVT
HVT
SPSC
SPSC
Q4 25
5.3%
18.0%
Q3 25
3.3%
16.4%
Q2 25
2.4%
14.1%
Q1 25
2.9%
14.3%
Q4 24
5.2%
14.5%
Q3 24
3.9%
15.6%
Q2 24
3.6%
15.1%
Q1 24
1.7%
10.3%
Net Margin
HVT
HVT
SPSC
SPSC
Q4 25
4.2%
13.4%
Q3 25
2.4%
13.5%
Q2 25
1.5%
10.5%
Q1 25
2.1%
12.2%
Q4 24
4.4%
10.3%
Q3 24
2.8%
14.3%
Q2 24
2.5%
11.7%
Q1 24
1.3%
12.0%
EPS (diluted)
HVT
HVT
SPSC
SPSC
Q4 25
$0.69
Q3 25
$0.67
Q2 25
$0.52
Q1 25
$0.58
Q4 24
$0.46
Q3 24
$0.62
Q2 24
$0.48
Q1 24
$0.48

Balance Sheet & Financial Strength

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

Metric
HVT
HVT
SPSC
SPSC
Cash + ST InvestmentsLiquidity on hand
$125.3M
$151.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$307.9M
$973.9M
Total Assets
$649.1M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HVT
HVT
SPSC
SPSC
Q4 25
$125.3M
$151.4M
Q3 25
$130.5M
$133.7M
Q2 25
$107.4M
$107.6M
Q1 25
$111.9M
$94.9M
Q4 24
$120.0M
$241.0M
Q3 24
$121.2M
$205.8M
Q2 24
$109.9M
$271.8M
Q1 24
$111.8M
$290.8M
Stockholders' Equity
HVT
HVT
SPSC
SPSC
Q4 25
$307.9M
$973.9M
Q3 25
$306.0M
$958.9M
Q2 25
$304.9M
$949.8M
Q1 25
$305.4M
$920.9M
Q4 24
$307.6M
$854.7M
Q3 24
$307.8M
$829.4M
Q2 24
$307.1M
$703.4M
Q1 24
$306.7M
$683.0M
Total Assets
HVT
HVT
SPSC
SPSC
Q4 25
$649.1M
$1.2B
Q3 25
$651.7M
$1.2B
Q2 25
$642.7M
$1.1B
Q1 25
$642.7M
$1.1B
Q4 24
$648.7M
$1.0B
Q3 24
$659.3M
$1.0B
Q2 24
$642.1M
$854.5M
Q1 24
$640.5M
$839.8M

Cash Flow & Capital Efficiency

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

Metric
HVT
HVT
SPSC
SPSC
Operating Cash FlowLast quarter
$7.4M
$45.9M
Free Cash FlowOCF − Capex
$3.0M
$38.2M
FCF MarginFCF / Revenue
1.5%
19.8%
Capex IntensityCapex / Revenue
2.2%
4.0%
Cash ConversionOCF / Net Profit
0.86×
1.78×
TTM Free Cash FlowTrailing 4 quarters
$33.0M
$152.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HVT
HVT
SPSC
SPSC
Q4 25
$7.4M
$45.9M
Q3 25
$31.9M
$60.6M
Q2 25
$7.2M
$32.3M
Q1 25
$6.2M
$40.0M
Q4 24
$16.9M
$40.6M
Q3 24
$24.4M
$53.3M
Q2 24
$14.4M
$29.4M
Q1 24
$3.1M
$34.1M
Free Cash Flow
HVT
HVT
SPSC
SPSC
Q4 25
$3.0M
$38.2M
Q3 25
$28.3M
$54.6M
Q2 25
$1.6M
$25.7M
Q1 25
$27.0K
$33.8M
Q4 24
$9.1M
$34.3M
Q3 24
$16.1M
$48.1M
Q2 24
$4.9M
$24.4M
Q1 24
$-3.3M
$30.5M
FCF Margin
HVT
HVT
SPSC
SPSC
Q4 25
1.5%
19.8%
Q3 25
14.6%
28.7%
Q2 25
0.9%
13.7%
Q1 25
0.0%
18.6%
Q4 24
4.9%
20.1%
Q3 24
9.2%
29.4%
Q2 24
2.7%
15.9%
Q1 24
-1.8%
20.4%
Capex Intensity
HVT
HVT
SPSC
SPSC
Q4 25
2.2%
4.0%
Q3 25
1.8%
3.2%
Q2 25
3.1%
3.6%
Q1 25
3.4%
3.4%
Q4 24
4.2%
3.6%
Q3 24
4.7%
3.2%
Q2 24
5.3%
3.3%
Q1 24
3.5%
2.4%
Cash Conversion
HVT
HVT
SPSC
SPSC
Q4 25
0.86×
1.78×
Q3 25
6.75×
2.37×
Q2 25
2.69×
1.64×
Q1 25
1.63×
1.80×
Q4 24
2.06×
2.31×
Q3 24
4.96×
2.27×
Q2 24
3.25×
1.63×
Q1 24
1.31×
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HVT
HVT

Upholstery$91.0M45%
Bedroom Furniture$29.2M14%
Accessories And Other$28.4M14%
Dining Room Furniture$22.8M11%
Mattresses$16.1M8%
Occasional$14.4M7%

SPSC
SPSC

Recurring Revenues$184.5M96%
One Time Revenues$8.1M4%
Set Up Fees$4.1M2%

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