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Side-by-side financial comparison of Lovesac Co (LOVE) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Lovesac Co is the larger business by last-quarter revenue ($150.2M vs $100.0M, roughly 1.5× Latham Group, Inc.). Latham Group, Inc. runs the higher net margin — -7.0% vs -7.0%, a 0.0% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 0.2%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $-10.2M). Over the past eight quarters, Latham Group, Inc.'s revenue compounded faster (-4.9% 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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
LOVE vs SWIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $150.2M | $100.0M |
| Net Profit | $-10.6M | $-7.0M |
| Gross Margin | 56.1% | 28.0% |
| Operating Margin | -10.5% | -10.7% |
| Net Margin | -7.0% | -7.0% |
| Revenue YoY | 0.2% | 14.5% |
| Net Profit YoY | -114.0% | 76.0% |
| EPS (diluted) | $-0.72 | $-0.06 |
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 | $100.0M | ||
| Q3 25 | $160.5M | $161.9M | ||
| Q2 25 | $138.4M | $172.6M | ||
| Q1 25 | $241.5M | $111.4M | ||
| Q4 24 | $149.9M | $87.3M | ||
| Q3 24 | $156.6M | $150.5M | ||
| Q2 24 | $132.6M | $160.1M | ||
| Q1 24 | $250.5M | $110.6M |
| Q4 25 | $-10.6M | $-7.0M | ||
| Q3 25 | $-6.7M | $8.1M | ||
| Q2 25 | $-10.8M | $16.0M | ||
| Q1 25 | $35.3M | $-6.0M | ||
| Q4 24 | $-4.9M | $-29.2M | ||
| Q3 24 | $-5.9M | $5.9M | ||
| Q2 24 | $-13.0M | $13.3M | ||
| Q1 24 | $31.0M | $-7.9M |
| Q4 25 | 56.1% | 28.0% | ||
| Q3 25 | 56.4% | 35.4% | ||
| Q2 25 | 53.7% | 37.1% | ||
| Q1 25 | 60.4% | 29.5% | ||
| Q4 24 | 58.5% | 24.6% | ||
| Q3 24 | 59.0% | 32.4% | ||
| Q2 24 | 54.3% | 33.1% | ||
| Q1 24 | 59.7% | 27.7% |
| Q4 25 | -10.5% | -10.7% | ||
| Q3 25 | -5.5% | 13.3% | ||
| Q2 25 | -10.8% | 14.3% | ||
| Q1 25 | 19.7% | -4.4% | ||
| Q4 24 | -5.2% | -14.9% | ||
| Q3 24 | -5.3% | 8.9% | ||
| Q2 24 | -13.5% | 12.5% | ||
| Q1 24 | 16.1% | -1.9% |
| Q4 25 | -7.0% | -7.0% | ||
| Q3 25 | -4.1% | 5.0% | ||
| Q2 25 | -7.8% | 9.3% | ||
| Q1 25 | 14.6% | -5.4% | ||
| Q4 24 | -3.3% | -33.4% | ||
| Q3 24 | -3.7% | 3.9% | ||
| Q2 24 | -9.8% | 8.3% | ||
| Q1 24 | 12.4% | -7.1% |
| Q4 25 | $-0.72 | $-0.06 | ||
| Q3 25 | $-0.45 | $0.07 | ||
| Q2 25 | $-0.73 | $0.13 | ||
| Q1 25 | $2.22 | $-0.05 | ||
| Q4 24 | $-0.32 | $-0.24 | ||
| Q3 24 | $-0.38 | $0.05 | ||
| Q2 24 | $-0.83 | $0.11 | ||
| Q1 24 | $1.91 | $-0.07 |
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 | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $189.3M | $405.9M |
| Total Assets | $495.5M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.7M | — | ||
| Q3 25 | $34.2M | — | ||
| Q2 25 | $26.9M | — | ||
| Q1 25 | $83.7M | — | ||
| Q4 24 | $61.7M | — | ||
| Q3 24 | $72.1M | — | ||
| Q2 24 | $72.4M | — | ||
| Q1 24 | $87.0M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $189.3M | $405.9M | ||
| Q3 25 | $197.5M | $408.4M | ||
| Q2 25 | $201.2M | $398.4M | ||
| Q1 25 | $216.4M | $381.1M | ||
| Q4 24 | $196.5M | $387.2M | ||
| Q3 24 | $202.1M | $416.6M | ||
| Q2 24 | $205.3M | $408.1M | ||
| Q1 24 | $217.5M | $391.8M |
| Q4 25 | $495.5M | $823.2M | ||
| Q3 25 | $493.7M | $844.4M | ||
| Q2 25 | $483.7M | $822.1M | ||
| Q1 25 | $532.3M | $824.6M | ||
| Q4 24 | $499.7M | $794.2M | ||
| Q3 24 | $481.1M | $853.4M | ||
| Q2 24 | $477.2M | $830.0M | ||
| Q1 24 | $482.2M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $23.3M |
| Free Cash FlowOCF − Capex | $-10.2M | $14.1M |
| FCF MarginFCF / Revenue | -6.8% | 14.1% |
| Capex IntensityCapex / Revenue | 3.5% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.6M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.9M | $23.3M | ||
| Q3 25 | $12.2M | $51.0M | ||
| Q2 25 | $-41.4M | $36.0M | ||
| Q1 25 | $44.0M | $-46.9M | ||
| Q4 24 | $-4.2M | $6.2M | ||
| Q3 24 | $6.2M | $37.2M | ||
| Q2 24 | $-7.0M | $52.4M | ||
| Q1 24 | $56.3M | $-34.5M |
| Q4 25 | $-10.2M | $14.1M | ||
| Q3 25 | $7.8M | $45.2M | ||
| Q2 25 | $-50.0M | $29.1M | ||
| Q1 25 | $38.7M | $-50.3M | ||
| Q4 24 | $-6.6M | $-98.0K | ||
| Q3 24 | $119.0K | $33.2M | ||
| Q2 24 | $-14.3M | $47.9M | ||
| Q1 24 | $49.5M | $-39.9M |
| Q4 25 | -6.8% | 14.1% | ||
| Q3 25 | 4.9% | 27.9% | ||
| Q2 25 | -36.1% | 16.8% | ||
| Q1 25 | 16.0% | -45.2% | ||
| Q4 24 | -4.4% | -0.1% | ||
| Q3 24 | 0.1% | 22.1% | ||
| Q2 24 | -10.8% | 29.9% | ||
| Q1 24 | 19.8% | -36.0% |
| Q4 25 | 3.5% | 9.2% | ||
| Q3 25 | 2.7% | 3.6% | ||
| Q2 25 | 6.2% | 4.0% | ||
| Q1 25 | 2.2% | 3.1% | ||
| Q4 24 | 1.6% | 7.2% | ||
| Q3 24 | 3.9% | 2.7% | ||
| Q2 24 | 5.5% | 2.8% | ||
| Q1 24 | 2.7% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 1.82× | — |
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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
