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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($308.3M vs $186.1M, roughly 1.7× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs 1.8%, a 3.4% gap on every dollar of revenue. On growth, Metallus Inc. posted the faster year-over-year revenue change (9.9% vs 1.9%). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% CAGR vs 2.3%).
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
MOV vs MTUS — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $308.3M |
| Net Profit | $9.6M | $5.4M |
| Gross Margin | 54.3% | 8.1% |
| Operating Margin | 6.3% | — |
| Net Margin | 5.1% | 1.8% |
| Revenue YoY | 1.9% | 9.9% |
| Net Profit YoY | 89.8% | 315.4% |
| EPS (diluted) | $0.42 | $0.13 |
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.
| Q1 26 | — | $308.3M | ||
| Q4 25 | $186.1M | $267.3M | ||
| Q3 25 | $161.8M | $305.9M | ||
| Q2 25 | $131.8M | $304.6M | ||
| Q1 25 | $181.5M | $280.5M | ||
| Q4 24 | $180.5M | $240.5M | ||
| Q3 24 | $157.0M | $227.2M | ||
| Q2 24 | $134.4M | $294.7M |
| Q1 26 | — | $5.4M | ||
| Q4 25 | $9.6M | $-14.3M | ||
| Q3 25 | $3.0M | $8.1M | ||
| Q2 25 | $1.4M | $3.7M | ||
| Q1 25 | $8.1M | $1.3M | ||
| Q4 24 | $4.8M | $-21.4M | ||
| Q3 24 | $3.5M | $-5.9M | ||
| Q2 24 | $2.0M | $4.6M |
| Q1 26 | — | 8.1% | ||
| Q4 25 | 54.3% | 2.2% | ||
| Q3 25 | 54.1% | 11.4% | ||
| Q2 25 | 54.1% | 10.6% | ||
| Q1 25 | 54.2% | 7.8% | ||
| Q4 24 | 53.5% | 4.5% | ||
| Q3 24 | 54.3% | 5.3% | ||
| Q2 24 | 54.3% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | -7.7% | ||
| Q3 25 | 2.5% | 3.6% | ||
| Q2 25 | 0.2% | 2.8% | ||
| Q1 25 | 5.1% | 1.0% | ||
| Q4 24 | 3.3% | -10.1% | ||
| Q3 24 | 1.7% | -3.1% | ||
| Q2 24 | 1.6% | 2.1% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 5.1% | -5.3% | ||
| Q3 25 | 1.8% | 2.6% | ||
| Q2 25 | 1.1% | 1.2% | ||
| Q1 25 | 4.4% | 0.5% | ||
| Q4 24 | 2.7% | -8.9% | ||
| Q3 24 | 2.2% | -2.6% | ||
| Q2 24 | 1.5% | 1.6% |
| Q1 26 | — | $0.13 | ||
| Q4 25 | $0.42 | $-0.34 | ||
| Q3 25 | $0.13 | $0.19 | ||
| Q2 25 | $0.06 | $0.09 | ||
| Q1 25 | $0.36 | $0.03 | ||
| Q4 24 | $0.21 | $-0.46 | ||
| Q3 24 | $0.15 | $-0.13 | ||
| Q2 24 | $0.09 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $183.9M | $104.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $497.5M | $683.0M |
| Total Assets | $751.9M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $104.0M | ||
| Q4 25 | $183.9M | $156.7M | ||
| Q3 25 | $180.5M | $191.5M | ||
| Q2 25 | $203.1M | $190.8M | ||
| Q1 25 | $208.5M | $180.3M | ||
| Q4 24 | $181.5M | $240.7M | ||
| Q3 24 | $198.3M | $254.6M | ||
| Q2 24 | $225.4M | $272.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $5.4M | ||
| Q3 24 | — | $13.2M | ||
| Q2 24 | — | $13.2M |
| Q1 26 | — | $683.0M | ||
| Q4 25 | $497.5M | $686.0M | ||
| Q3 25 | $489.9M | $697.7M | ||
| Q2 25 | $493.2M | $690.0M | ||
| Q1 25 | $481.3M | $686.1M | ||
| Q4 24 | $491.3M | $690.5M | ||
| Q3 24 | $492.0M | $712.7M | ||
| Q2 24 | $489.6M | $736.3M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $751.9M | $1.1B | ||
| Q3 25 | $748.7M | $1.2B | ||
| Q2 25 | $747.2M | $1.1B | ||
| Q1 25 | $729.2M | $1.1B | ||
| Q4 24 | $747.2M | $1.1B | ||
| Q3 24 | $742.5M | $1.1B | ||
| Q2 24 | $736.0M | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× |
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 | $12.3M | — |
| Free Cash FlowOCF − Capex | $11.6M | — |
| FCF MarginFCF / Revenue | 6.2% | — |
| Capex IntensityCapex / Revenue | 0.4% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.3M | $-1.9M | ||
| Q3 25 | $-3.8M | $22.0M | ||
| Q2 25 | $-7.2M | $34.8M | ||
| Q1 25 | $39.1M | $-38.9M | ||
| Q4 24 | $-4.7M | $13.9M | ||
| Q3 24 | $-17.8M | $-15.3M | ||
| Q2 24 | $-18.1M | $8.3M |
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | $-37.2M | ||
| Q3 25 | $-5.1M | $-6.4M | ||
| Q2 25 | $-8.7M | $17.0M | ||
| Q1 25 | $37.5M | $-66.4M | ||
| Q4 24 | $-7.2M | $-1.3M | ||
| Q3 24 | $-20.1M | $-32.9M | ||
| Q2 24 | $-19.7M | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | -13.9% | ||
| Q3 25 | -3.1% | -2.1% | ||
| Q2 25 | -6.6% | 5.6% | ||
| Q1 25 | 20.7% | -23.7% | ||
| Q4 24 | -4.0% | -0.5% | ||
| Q3 24 | -12.8% | -14.5% | ||
| Q2 24 | -14.7% | -2.0% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.4% | 13.2% | ||
| Q3 25 | 0.8% | 9.3% | ||
| Q2 25 | 1.2% | 5.8% | ||
| Q1 25 | 0.9% | 9.8% | ||
| Q4 24 | 1.4% | 6.3% | ||
| Q3 24 | 1.5% | 7.7% | ||
| Q2 24 | 1.2% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | 2.72× | ||
| Q2 25 | -5.08× | 9.41× | ||
| Q1 25 | 4.86× | -29.92× | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | — | ||
| Q2 24 | -8.97× | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
MTUS
Segment breakdown not available.
