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Side-by-side financial comparison of Lulu's Fashion Lounge Holdings, Inc. (LVLU) and SmartRent, Inc. (SMRT). 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 $36.5M, roughly 1.8× SmartRent, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -48.2%, a 39.3% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs -11.8%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-2.6M). Over the past eight quarters, Lulu's Fashion Lounge Holdings, Inc.'s revenue compounded faster (-14.7% CAGR vs -15.0%).
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.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
LVLU vs SMRT — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $66.1M | $36.5M |
| Net Profit | $-31.9M | $-3.2M |
| Gross Margin | 37.9% | 38.6% |
| Operating Margin | -52.8% | -10.9% |
| Net Margin | -48.2% | -8.9% |
| Revenue YoY | -11.8% | 3.1% |
| Net Profit YoY | -340.9% | 71.6% |
| EPS (diluted) | $-13.46 | $-0.02 |
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 | — | $36.5M | ||
| Q3 25 | — | $36.2M | ||
| Q2 25 | — | $38.3M | ||
| Q1 25 | — | $41.3M | ||
| Q4 24 | $66.1M | $35.4M | ||
| Q3 24 | $80.5M | $40.5M | ||
| Q2 24 | $92.0M | $48.5M | ||
| Q1 24 | $77.3M | $50.5M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | — | $-6.3M | ||
| Q2 25 | — | $-10.9M | ||
| Q1 25 | — | $-40.2M | ||
| Q4 24 | $-31.9M | $-11.4M | ||
| Q3 24 | $-6.9M | $-9.9M | ||
| Q2 24 | $-10.8M | $-4.6M | ||
| Q1 24 | $-5.7M | $-7.7M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 26.4% | ||
| Q2 25 | — | 33.1% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | 37.9% | 28.7% | ||
| Q3 24 | 38.1% | 33.2% | ||
| Q2 24 | 45.5% | 35.7% | ||
| Q1 24 | 42.3% | 38.5% |
| Q4 25 | — | -10.9% | ||
| Q3 25 | — | -19.4% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | — | -99.9% | ||
| Q4 24 | -52.8% | -36.6% | ||
| Q3 24 | -8.5% | -29.0% | ||
| Q2 24 | -4.9% | -14.3% | ||
| Q1 24 | -8.0% | -20.1% |
| Q4 25 | — | -8.9% | ||
| Q3 25 | — | -17.3% | ||
| Q2 25 | — | -28.3% | ||
| Q1 25 | — | -97.2% | ||
| Q4 24 | -48.2% | -32.3% | ||
| Q3 24 | -8.5% | -24.5% | ||
| Q2 24 | -11.7% | -9.5% | ||
| Q1 24 | -7.4% | -15.2% |
| Q4 25 | — | $-0.02 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | $-13.46 | $-0.06 | ||
| Q3 24 | $-2.47 | $-0.05 | ||
| Q2 24 | $-3.92 | $-0.02 | ||
| Q1 24 | $-0.15 | $-0.04 |
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 | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $13.4M | $232.1M |
| Total Assets | $108.2M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.5M | ||
| Q3 25 | — | $100.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $125.6M | ||
| Q4 24 | $4.5M | $142.5M | ||
| Q3 24 | $6.3M | $163.4M | ||
| Q2 24 | $1.8M | $187.4M | ||
| Q1 24 | $5.5M | $204.7M |
| Q4 25 | — | $232.1M | ||
| Q3 25 | — | $234.4M | ||
| Q2 25 | — | $238.8M | ||
| Q1 25 | — | $250.7M | ||
| Q4 24 | $13.4M | $289.4M | ||
| Q3 24 | $43.8M | $305.1M | ||
| Q2 24 | $48.7M | $329.4M | ||
| Q1 24 | $57.7M | $333.1M |
| Q4 25 | — | $320.9M | ||
| Q3 25 | — | $335.8M | ||
| Q2 25 | — | $354.0M | ||
| Q1 25 | — | $366.1M | ||
| Q4 24 | $108.2M | $420.2M | ||
| Q3 24 | $153.5M | $448.6M | ||
| Q2 24 | $145.3M | $475.3M | ||
| Q1 24 | $160.6M | $485.5M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | $-2.6M | $7.7M |
| FCF MarginFCF / Revenue | -3.9% | 21.0% |
| Capex IntensityCapex / Revenue | 0.0% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $7.7M | ||
| Q3 25 | — | $-2.1M | ||
| Q2 25 | — | $-14.9M | ||
| Q1 25 | — | $-12.2M | ||
| Q4 24 | $-2.5M | $-12.0M | ||
| Q3 24 | $-5.5M | $-3.7M | ||
| Q2 24 | $3.7M | $-13.9M | ||
| Q1 24 | $6.9M | $-3.3M |
| Q4 25 | — | $7.7M | ||
| Q3 25 | — | $-2.2M | ||
| Q2 25 | — | $-16.2M | ||
| Q1 25 | — | $-14.3M | ||
| Q4 24 | $-2.6M | $-13.3M | ||
| Q3 24 | $-5.9M | $-3.9M | ||
| Q2 24 | $3.4M | $-14.1M | ||
| Q1 24 | $6.4M | $-3.4M |
| Q4 25 | — | 21.0% | ||
| Q3 25 | — | -6.1% | ||
| Q2 25 | — | -42.3% | ||
| Q1 25 | — | -34.7% | ||
| Q4 24 | -3.9% | -37.5% | ||
| Q3 24 | -7.3% | -9.7% | ||
| Q2 24 | 3.7% | -29.1% | ||
| Q1 24 | 8.3% | -6.7% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | 0.0% | 3.5% | ||
| Q3 24 | 0.5% | 0.6% | ||
| Q2 24 | 0.4% | 0.5% | ||
| Q1 24 | 0.7% | 0.1% |
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% |
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
