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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
MOVADO GROUP INC is the larger business by last-quarter revenue ($186.1M vs $105.1M, roughly 1.8× OLAPLEX HOLDINGS, INC.). MOVADO GROUP INC runs the higher net margin — 5.1% vs -12.5%, a 17.6% gap on every dollar of revenue. On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs 1.9%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $11.6M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs 2.9%).
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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
MOV vs OLPX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $105.1M |
| Net Profit | $9.6M | $-13.1M |
| Gross Margin | 54.3% | 68.0% |
| Operating Margin | 6.3% | -4.3% |
| Net Margin | 5.1% | -12.5% |
| Revenue YoY | 1.9% | 4.3% |
| Net Profit YoY | 89.8% | -48.9% |
| EPS (diluted) | $0.42 | $-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 | $186.1M | $105.1M | ||
| Q3 25 | $161.8M | $114.6M | ||
| Q2 25 | $131.8M | $106.3M | ||
| Q1 25 | $181.5M | $97.0M | ||
| Q4 24 | $180.5M | $100.7M | ||
| Q3 24 | $157.0M | $119.1M | ||
| Q2 24 | $134.4M | $103.9M | ||
| Q1 24 | $175.8M | $98.9M |
| Q4 25 | $9.6M | $-13.1M | ||
| Q3 25 | $3.0M | $11.1M | ||
| Q2 25 | $1.4M | $-7.7M | ||
| Q1 25 | $8.1M | $465.0K | ||
| Q4 24 | $4.8M | $-8.8M | ||
| Q3 24 | $3.5M | $14.8M | ||
| Q2 24 | $2.0M | $5.8M | ||
| Q1 24 | $9.8M | $7.7M |
| Q4 25 | 54.3% | 68.0% | ||
| Q3 25 | 54.1% | 69.1% | ||
| Q2 25 | 54.1% | 71.2% | ||
| Q1 25 | 54.2% | 69.5% | ||
| Q4 24 | 53.5% | 66.3% | ||
| Q3 24 | 54.3% | 68.6% | ||
| Q2 24 | 54.3% | 69.7% | ||
| Q1 24 | 53.5% | 72.1% |
| Q4 25 | 6.3% | -4.3% | ||
| Q3 25 | 2.5% | 3.7% | ||
| Q2 25 | 0.2% | -1.1% | ||
| Q1 25 | 5.1% | 8.7% | ||
| Q4 24 | 3.3% | 3.0% | ||
| Q3 24 | 1.7% | 23.5% | ||
| Q2 24 | 1.6% | 15.7% | ||
| Q1 24 | 6.1% | 19.8% |
| Q4 25 | 5.1% | -12.5% | ||
| Q3 25 | 1.8% | 9.7% | ||
| Q2 25 | 1.1% | -7.3% | ||
| Q1 25 | 4.4% | 0.5% | ||
| Q4 24 | 2.7% | -8.7% | ||
| Q3 24 | 2.2% | 12.4% | ||
| Q2 24 | 1.5% | 5.6% | ||
| Q1 24 | 5.6% | 7.8% |
| Q4 25 | $0.42 | $-0.02 | ||
| Q3 25 | $0.13 | $0.02 | ||
| Q2 25 | $0.06 | $-0.01 | ||
| Q1 25 | $0.36 | $0.00 | ||
| Q4 24 | $0.21 | $-0.01 | ||
| Q3 24 | $0.15 | $0.02 | ||
| Q2 24 | $0.09 | $0.01 | ||
| Q1 24 | $0.44 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | — | $352.3M |
| Stockholders' EquityBook value | $497.5M | $879.4M |
| Total Assets | $751.9M | $1.5B |
| Debt / EquityLower = less leverage | — | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $318.7M | ||
| Q3 25 | $180.5M | $286.4M | ||
| Q2 25 | $203.1M | $289.3M | ||
| Q1 25 | $208.5M | $580.9M | ||
| Q4 24 | $181.5M | $586.0M | ||
| Q3 24 | $198.3M | $538.8M | ||
| Q2 24 | $225.4M | $507.9M | ||
| Q1 24 | $262.1M | $507.5M |
| Q4 25 | — | $352.3M | ||
| Q3 25 | — | $352.1M | ||
| Q2 25 | — | $351.9M | ||
| Q1 25 | — | $649.1M | ||
| Q4 24 | — | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M | ||
| Q1 24 | — | $654.4M |
| Q4 25 | $497.5M | $879.4M | ||
| Q3 25 | $489.9M | $888.7M | ||
| Q2 25 | $493.2M | $874.2M | ||
| Q1 25 | $481.3M | $878.3M | ||
| Q4 24 | $491.3M | $874.4M | ||
| Q3 24 | $492.0M | $879.7M | ||
| Q2 24 | $489.6M | $863.3M | ||
| Q1 24 | $505.9M | $855.7M |
| Q4 25 | $751.9M | $1.5B | ||
| Q3 25 | $748.7M | $1.5B | ||
| Q2 25 | $747.2M | $1.5B | ||
| Q1 25 | $729.2M | $1.8B | ||
| Q4 24 | $747.2M | $1.8B | ||
| Q3 24 | $742.5M | $1.8B | ||
| Q2 24 | $736.0M | $1.8B | ||
| Q1 24 | $756.5M | $1.8B |
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.76× |
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 | $32.7M |
| Free Cash FlowOCF − Capex | $11.6M | $32.6M |
| FCF MarginFCF / Revenue | 6.2% | 31.0% |
| Capex IntensityCapex / Revenue | 0.4% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $32.7M | ||
| Q3 25 | $-3.8M | $8.0M | ||
| Q2 25 | $-7.2M | $20.9M | ||
| Q1 25 | $39.1M | $-2.9M | ||
| Q4 24 | $-4.7M | $49.7M | ||
| Q3 24 | $-17.8M | $33.5M | ||
| Q2 24 | $-18.1M | $16.2M | ||
| Q1 24 | $69.4M | $43.7M |
| Q4 25 | $11.6M | $32.6M | ||
| Q3 25 | $-5.1M | $7.9M | ||
| Q2 25 | $-8.7M | $20.8M | ||
| Q1 25 | $37.5M | $-3.0M | ||
| Q4 24 | $-7.2M | $49.2M | ||
| Q3 24 | $-20.1M | $33.3M | ||
| Q2 24 | $-19.7M | $16.1M | ||
| Q1 24 | $67.8M | $43.3M |
| Q4 25 | 6.2% | 31.0% | ||
| Q3 25 | -3.1% | 6.9% | ||
| Q2 25 | -6.6% | 19.6% | ||
| Q1 25 | 20.7% | -3.1% | ||
| Q4 24 | -4.0% | 48.9% | ||
| Q3 24 | -12.8% | 28.0% | ||
| Q2 24 | -14.7% | 15.5% | ||
| Q1 24 | 38.6% | 43.7% |
| Q4 25 | 0.4% | 0.1% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 1.2% | 0.1% | ||
| Q1 25 | 0.9% | 0.0% | ||
| Q4 24 | 1.4% | 0.4% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.2% | 0.1% | ||
| Q1 24 | 0.9% | 0.5% |
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | 0.72× | ||
| Q2 25 | -5.08× | — | ||
| Q1 25 | 4.86× | -6.27× | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | 2.26× | ||
| Q2 24 | -8.97× | 2.81× | ||
| Q1 24 | 7.06× | 5.64× |
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% |
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
