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Side-by-side financial comparison of Lovesac Co (LOVE) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.
Lovesac Co is the larger business by last-quarter revenue ($150.2M vs $134.3M, roughly 1.1× Mayville Engineering Company, Inc.). Mayville Engineering Company, Inc. runs the higher net margin — -3.2% vs -7.0%, a 3.8% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 0.2%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $-10.2M). Over the past eight quarters, Mayville Engineering Company, Inc.'s revenue compounded faster (-8.8% CAGR vs -22.6%).
The Lovesac Company is an American furniture retailer, specializing in a patented modular furniture system called Sactionals. Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories. Lovesac also sells Sacs, a bag seat filled with a proprietary foam mixture.
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
LOVE vs MEC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $150.2M | $134.3M |
| Net Profit | $-10.6M | $-4.4M |
| Gross Margin | 56.1% | 6.8% |
| Operating Margin | -10.5% | -4.1% |
| Net Margin | -7.0% | -3.2% |
| Revenue YoY | 0.2% | 10.7% |
| Net Profit YoY | -114.0% | -127.3% |
| EPS (diluted) | $-0.72 | $-0.22 |
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 | $150.2M | $134.3M | ||
| Q3 25 | $160.5M | $144.3M | ||
| Q2 25 | $138.4M | $132.3M | ||
| Q1 25 | $241.5M | $135.6M | ||
| Q4 24 | $149.9M | $121.3M | ||
| Q3 24 | $156.6M | $135.4M | ||
| Q2 24 | $132.6M | $163.6M | ||
| Q1 24 | $250.5M | $161.3M |
| Q4 25 | $-10.6M | $-4.4M | ||
| Q3 25 | $-6.7M | $-2.7M | ||
| Q2 25 | $-10.8M | $-1.1M | ||
| Q1 25 | $35.3M | $20.0K | ||
| Q4 24 | $-4.9M | $16.0M | ||
| Q3 24 | $-5.9M | $3.0M | ||
| Q2 24 | $-13.0M | $3.8M | ||
| Q1 24 | $31.0M | $3.2M |
| Q4 25 | 56.1% | 6.8% | ||
| Q3 25 | 56.4% | 11.0% | ||
| Q2 25 | 53.7% | 10.3% | ||
| Q1 25 | 60.4% | 11.3% | ||
| Q4 24 | 58.5% | 8.9% | ||
| Q3 24 | 59.0% | 12.6% | ||
| Q2 24 | 54.3% | 13.6% | ||
| Q1 24 | 59.7% | 13.0% |
| Q4 25 | -10.5% | -4.1% | ||
| Q3 25 | -5.5% | 0.0% | ||
| Q2 25 | -10.8% | 0.1% | ||
| Q1 25 | 19.7% | 1.2% | ||
| Q4 24 | -5.2% | 19.0% | ||
| Q3 24 | -5.3% | 4.2% | ||
| Q2 24 | -13.5% | 5.0% | ||
| Q1 24 | 16.1% | 4.7% |
| Q4 25 | -7.0% | -3.2% | ||
| Q3 25 | -4.1% | -1.9% | ||
| Q2 25 | -7.8% | -0.8% | ||
| Q1 25 | 14.6% | 0.0% | ||
| Q4 24 | -3.3% | 13.2% | ||
| Q3 24 | -3.7% | 2.2% | ||
| Q2 24 | -9.8% | 2.3% | ||
| Q1 24 | 12.4% | 2.0% |
| Q4 25 | $-0.72 | $-0.22 | ||
| Q3 25 | $-0.45 | $-0.13 | ||
| Q2 25 | $-0.73 | $-0.05 | ||
| Q1 25 | $2.22 | $0.00 | ||
| Q4 24 | $-0.32 | $0.76 | ||
| Q3 24 | $-0.38 | $0.14 | ||
| Q2 24 | $-0.83 | $0.18 | ||
| Q1 24 | $1.91 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.7M | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $189.3M | $240.7M |
| Total Assets | $495.5M | $563.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.7M | $1.5M | ||
| Q3 25 | $34.2M | $1.2M | ||
| Q2 25 | $26.9M | $206.0K | ||
| Q1 25 | $83.7M | $183.0K | ||
| Q4 24 | $61.7M | $206.0K | ||
| Q3 24 | $72.1M | $178.0K | ||
| Q2 24 | $72.4M | $314.0K | ||
| Q1 24 | $87.0M | $314.0K |
| Q4 25 | $189.3M | $240.7M | ||
| Q3 25 | $197.5M | $244.8M | ||
| Q2 25 | $201.2M | $246.8M | ||
| Q1 25 | $216.4M | $250.0M | ||
| Q4 24 | $196.5M | $251.8M | ||
| Q3 24 | $202.1M | $238.4M | ||
| Q2 24 | $205.3M | $238.1M | ||
| Q1 24 | $217.5M | $234.0M |
| Q4 25 | $495.5M | $563.6M | ||
| Q3 25 | $493.7M | $585.6M | ||
| Q2 25 | $483.7M | $433.7M | ||
| Q1 25 | $532.3M | $447.7M | ||
| Q4 24 | $499.7M | $445.6M | ||
| Q3 24 | $481.1M | $466.0M | ||
| Q2 24 | $477.2M | $488.2M | ||
| Q1 24 | $482.2M | $499.9M |
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 | $-4.9M | $13.4M |
| Free Cash FlowOCF − Capex | $-10.2M | $10.2M |
| FCF MarginFCF / Revenue | -6.8% | 7.6% |
| Capex IntensityCapex / Revenue | 3.5% | 2.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.6M | $26.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.9M | $13.4M | ||
| Q3 25 | $12.2M | $1.9M | ||
| Q2 25 | $-41.4M | $15.0M | ||
| Q1 25 | $44.0M | $8.3M | ||
| Q4 24 | $-4.2M | $38.0M | ||
| Q3 24 | $6.2M | $17.9M | ||
| Q2 24 | $-7.0M | $23.3M | ||
| Q1 24 | $56.3M | $10.6M |
| Q4 25 | $-10.2M | $10.2M | ||
| Q3 25 | $7.8M | $-1.1M | ||
| Q2 25 | $-50.0M | $12.5M | ||
| Q1 25 | $38.7M | $5.4M | ||
| Q4 24 | $-6.6M | $35.6M | ||
| Q3 24 | $119.0K | $15.1M | ||
| Q2 24 | $-14.3M | $19.2M | ||
| Q1 24 | $49.5M | $7.8M |
| Q4 25 | -6.8% | 7.6% | ||
| Q3 25 | 4.9% | -0.8% | ||
| Q2 25 | -36.1% | 9.5% | ||
| Q1 25 | 16.0% | 4.0% | ||
| Q4 24 | -4.4% | 29.4% | ||
| Q3 24 | 0.1% | 11.1% | ||
| Q2 24 | -10.8% | 11.7% | ||
| Q1 24 | 19.8% | 4.9% |
| Q4 25 | 3.5% | 2.4% | ||
| Q3 25 | 2.7% | 2.1% | ||
| Q2 25 | 6.2% | 1.8% | ||
| Q1 25 | 2.2% | 2.2% | ||
| Q4 24 | 1.6% | 1.9% | ||
| Q3 24 | 3.9% | 2.1% | ||
| Q2 24 | 5.5% | 2.5% | ||
| Q1 24 | 2.7% | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.25× | 416.65× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 6.03× | ||
| Q2 24 | — | 6.15× | ||
| Q1 24 | 1.82× | 3.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
