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Side-by-side financial comparison of Lulu's Fashion Lounge Holdings, Inc. (LVLU) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
Lulu's Fashion Lounge Holdings, Inc. is the larger business by last-quarter revenue ($66.1M vs $50.3M, roughly 1.3× READING INTERNATIONAL INC). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -48.2%, a 43.1% gap on every dollar of revenue. On growth, Lulu's Fashion Lounge Holdings, Inc. posted the faster year-over-year revenue change (-11.8% vs -14.2%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-2.6M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs -14.7%).
Lulu's Fashion Lounge Holdings, Inc. is a direct-to-consumer women's fashion retailer offering affordable, trendy apparel, footwear, and accessories. It primarily serves Gen Z and millennial consumers across North America, operating mainly via its e-commerce platform, with limited pop-up physical locations to boost customer engagement.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
LVLU vs RDI — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.1M | $50.3M |
| Net Profit | $-31.9M | $-2.6M |
| Gross Margin | 37.9% | — |
| Operating Margin | -52.8% | -1.9% |
| Net Margin | -48.2% | -5.1% |
| Revenue YoY | -11.8% | -14.2% |
| Net Profit YoY | -340.9% | -14.5% |
| EPS (diluted) | $-13.46 | $-0.11 |
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 | — | $50.3M | ||
| Q3 25 | — | $52.2M | ||
| Q2 25 | — | $60.4M | ||
| Q1 25 | — | $40.2M | ||
| Q4 24 | $66.1M | $58.6M | ||
| Q3 24 | $80.5M | $60.1M | ||
| Q2 24 | $92.0M | $46.8M | ||
| Q1 24 | $77.3M | $45.1M |
| Q4 25 | — | $-2.6M | ||
| Q3 25 | — | $-4.2M | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-4.8M | ||
| Q4 24 | $-31.9M | $-2.2M | ||
| Q3 24 | $-6.9M | $-7.0M | ||
| Q2 24 | $-10.8M | $-12.8M | ||
| Q1 24 | $-5.7M | $-13.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 37.9% | — | ||
| Q3 24 | 38.1% | — | ||
| Q2 24 | 45.5% | — | ||
| Q1 24 | 42.3% | — |
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | -52.8% | 2.6% | ||
| Q3 24 | -8.5% | -0.6% | ||
| Q2 24 | -4.9% | -16.4% | ||
| Q1 24 | -8.0% | -16.7% |
| Q4 25 | — | -5.1% | ||
| Q3 25 | — | -8.0% | ||
| Q2 25 | — | -4.4% | ||
| Q1 25 | — | -11.8% | ||
| Q4 24 | -48.2% | -3.8% | ||
| Q3 24 | -8.5% | -11.7% | ||
| Q2 24 | -11.7% | -27.4% | ||
| Q1 24 | -7.4% | -29.4% |
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | $-13.46 | $-0.11 | ||
| Q3 24 | $-2.47 | $-0.31 | ||
| Q2 24 | $-3.92 | $-0.57 | ||
| Q1 24 | $-0.15 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.5M | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $13.4M | $-18.2M |
| Total Assets | $108.2M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $10.5M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | $4.5M | $12.4M | ||
| Q3 24 | $6.3M | $10.1M | ||
| Q2 24 | $1.8M | $9.3M | ||
| Q1 24 | $5.5M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $-18.2M | ||
| Q3 25 | — | $-12.1M | ||
| Q2 25 | — | $-7.7M | ||
| Q1 25 | — | $-8.1M | ||
| Q4 24 | $13.4M | $-4.4M | ||
| Q3 24 | $43.8M | $1.6M | ||
| Q2 24 | $48.7M | $6.5M | ||
| Q1 24 | $57.7M | $18.0M |
| Q4 25 | — | $434.9M | ||
| Q3 25 | — | $435.2M | ||
| Q2 25 | — | $438.1M | ||
| Q1 25 | — | $441.0M | ||
| Q4 24 | $108.2M | $471.0M | ||
| Q3 24 | $153.5M | $495.7M | ||
| Q2 24 | $145.3M | $494.9M | ||
| Q1 24 | $160.6M | $494.9M |
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 | $-2.5M | $4.3M |
| Free Cash FlowOCF − Capex | $-2.6M | $4.1M |
| FCF MarginFCF / Revenue | -3.9% | 8.2% |
| Capex IntensityCapex / Revenue | 0.0% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $295.0K | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | $-2.5M | $8.0M | ||
| Q3 24 | $-5.5M | $1.3M | ||
| Q2 24 | $3.7M | $-10.4M | ||
| Q1 24 | $6.9M | $-2.8M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | $-2.6M | $7.0M | ||
| Q3 24 | $-5.9M | $-1.1M | ||
| Q2 24 | $3.4M | $-10.6M | ||
| Q1 24 | $6.4M | $-4.7M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | -3.9% | 12.0% | ||
| Q3 24 | -7.3% | -1.8% | ||
| Q2 24 | 3.7% | -22.7% | ||
| Q1 24 | 8.3% | -10.4% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.5% | 4.0% | ||
| Q2 24 | 0.4% | 0.5% | ||
| Q1 24 | 0.7% | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LVLU
| Single Reportable Segment | $63.0M | 95% |
| Other | $2.4M | 4% |
| Stored Value Cards | $750.0K | 1% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
