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Side-by-side financial comparison of Lulu's Fashion Lounge Holdings, Inc. (LVLU) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $66.1M, roughly 1.1× Lulu's Fashion Lounge Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -48.2%, a 50.2% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -11.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-2.6M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% 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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
LVLU vs RMAX — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.1M | $71.1M |
| Net Profit | $-31.9M | $1.4M |
| Gross Margin | 37.9% | — |
| Operating Margin | -52.8% | 13.1% |
| Net Margin | -48.2% | 2.0% |
| Revenue YoY | -11.8% | -1.8% |
| Net Profit YoY | -340.9% | -75.2% |
| EPS (diluted) | $-13.46 | — |
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 | — | $71.1M | ||
| Q3 25 | — | $73.2M | ||
| Q2 25 | — | $72.8M | ||
| Q1 25 | — | $74.5M | ||
| Q4 24 | $66.1M | $72.5M | ||
| Q3 24 | $80.5M | $78.5M | ||
| Q2 24 | $92.0M | $78.5M | ||
| Q1 24 | $77.3M | $78.3M |
| Q4 25 | — | $1.4M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | $-31.9M | $5.8M | ||
| Q3 24 | $-6.9M | $966.0K | ||
| Q2 24 | $-10.8M | $3.7M | ||
| Q1 24 | $-5.7M | $-3.4M |
| 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 | — | 13.1% | ||
| Q3 25 | — | 25.0% | ||
| Q2 25 | — | 19.3% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | -52.8% | 5.9% | ||
| Q3 24 | -8.5% | 19.4% | ||
| Q2 24 | -4.9% | 20.6% | ||
| Q1 24 | -8.0% | 5.8% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | -48.2% | 8.0% | ||
| Q3 24 | -8.5% | 1.2% | ||
| Q2 24 | -11.7% | 4.7% | ||
| Q1 24 | -7.4% | -4.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-13.46 | — | ||
| Q3 24 | $-2.47 | — | ||
| Q2 24 | $-3.92 | — | ||
| Q1 24 | $-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 | $4.5M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $13.4M | $452.4M |
| Total Assets | $108.2M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | $4.5M | $96.6M | ||
| Q3 24 | $6.3M | $83.8M | ||
| Q2 24 | $1.8M | $66.1M | ||
| Q1 24 | $5.5M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | — | $452.4M | ||
| Q3 25 | — | $448.1M | ||
| Q2 25 | — | $442.4M | ||
| Q1 25 | — | $433.5M | ||
| Q4 24 | $13.4M | $429.5M | ||
| Q3 24 | $43.8M | $423.1M | ||
| Q2 24 | $48.7M | $418.4M | ||
| Q1 24 | $57.7M | $412.0M |
| Q4 25 | — | $582.5M | ||
| Q3 25 | — | $582.2M | ||
| Q2 25 | — | $574.8M | ||
| Q1 25 | — | $571.4M | ||
| Q4 24 | $108.2M | $581.6M | ||
| Q3 24 | $153.5M | $578.6M | ||
| Q2 24 | $145.3M | $571.4M | ||
| Q1 24 | $160.6M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $-2.6M | $33.5M |
| FCF MarginFCF / Revenue | -3.9% | 47.1% |
| Capex IntensityCapex / Revenue | 0.0% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $40.9M | ||
| Q3 25 | — | $17.7M | ||
| Q2 25 | — | $4.6M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | $-2.5M | $59.7M | ||
| Q3 24 | $-5.5M | $17.6M | ||
| Q2 24 | $3.7M | $15.9M | ||
| Q1 24 | $6.9M | $9.4M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | $-2.6M | $53.0M | ||
| Q3 24 | $-5.9M | $16.3M | ||
| Q2 24 | $3.4M | $14.0M | ||
| Q1 24 | $6.4M | $6.8M |
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | -3.9% | 73.2% | ||
| Q3 24 | -7.3% | 20.8% | ||
| Q2 24 | 3.7% | 17.8% | ||
| Q1 24 | 8.3% | 8.6% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | 0.0% | 9.1% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | 0.4% | 2.4% | ||
| Q1 24 | 0.7% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
