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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and Perion Network Ltd. (PERI). Click either name above to swap in a different company.
Perion Network Ltd. is the larger business by last-quarter revenue ($368.7M vs $186.1M, roughly 2.0× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs 2.1%, a 3.1% gap on every dollar of revenue. MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $-2.9M). Over the past eight quarters, Perion Network Ltd.'s revenue compounded faster (16.4% 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.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
MOV vs PERI — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $368.7M |
| Net Profit | $9.6M | $7.7M |
| Gross Margin | 54.3% | — |
| Operating Margin | 6.3% | 2.0% |
| Net Margin | 5.1% | 2.1% |
| Revenue YoY | 1.9% | — |
| Net Profit YoY | 89.8% | — |
| EPS (diluted) | $0.42 | — |
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 | — | ||
| Q3 25 | $161.8M | $368.7M | ||
| Q2 25 | $131.8M | $266.5M | ||
| Q1 25 | $181.5M | $157.8M | ||
| Q4 24 | $180.5M | — | ||
| Q3 24 | $157.0M | $508.9M | ||
| Q2 24 | $134.4M | $323.6M | ||
| Q1 24 | $175.8M | $145.2M |
| Q4 25 | $9.6M | — | ||
| Q3 25 | $3.0M | $7.7M | ||
| Q2 25 | $1.4M | $5.6M | ||
| Q1 25 | $8.1M | $11.8M | ||
| Q4 24 | $4.8M | — | ||
| Q3 24 | $3.5M | $78.0M | ||
| Q2 24 | $2.0M | $45.2M | ||
| Q1 24 | $9.8M | $23.8M |
| Q4 25 | 54.3% | — | ||
| Q3 25 | 54.1% | — | ||
| Q2 25 | 54.1% | — | ||
| Q1 25 | 54.2% | — | ||
| Q4 24 | 53.5% | — | ||
| Q3 24 | 54.3% | — | ||
| Q2 24 | 54.3% | — | ||
| Q1 24 | 53.5% | — |
| Q4 25 | 6.3% | — | ||
| Q3 25 | 2.5% | 2.0% | ||
| Q2 25 | 0.2% | -1.7% | ||
| Q1 25 | 5.1% | 5.4% | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 1.7% | 15.1% | ||
| Q2 24 | 1.6% | 13.7% | ||
| Q1 24 | 6.1% | 16.9% |
| Q4 25 | 5.1% | — | ||
| Q3 25 | 1.8% | 2.1% | ||
| Q2 25 | 1.1% | 2.1% | ||
| Q1 25 | 4.4% | 7.5% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.2% | 15.3% | ||
| Q2 24 | 1.5% | 14.0% | ||
| Q1 24 | 5.6% | 16.4% |
| Q4 25 | $0.42 | — | ||
| Q3 25 | $0.13 | — | ||
| Q2 25 | $0.06 | — | ||
| Q1 25 | $0.36 | — | ||
| Q4 24 | $0.21 | — | ||
| Q3 24 | $0.15 | — | ||
| Q2 24 | $0.09 | — | ||
| Q1 24 | $0.44 | — |
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 | $156.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $497.5M | $722.9M |
| Total Assets | $751.9M | $915.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | — | ||
| Q3 25 | $180.5M | $156.2M | ||
| Q2 25 | $203.1M | $156.2M | ||
| Q1 25 | $208.5M | $156.2M | ||
| Q4 24 | $181.5M | — | ||
| Q3 24 | $198.3M | $187.6M | ||
| Q2 24 | $225.4M | $187.6M | ||
| Q1 24 | $262.1M | $187.6M |
| Q4 25 | $497.5M | — | ||
| Q3 25 | $489.9M | $722.9M | ||
| Q2 25 | $493.2M | $722.9M | ||
| Q1 25 | $481.3M | $722.9M | ||
| Q4 24 | $491.3M | — | ||
| Q3 24 | $492.0M | $718.1M | ||
| Q2 24 | $489.6M | $718.1M | ||
| Q1 24 | $505.9M | $718.1M |
| Q4 25 | $751.9M | — | ||
| Q3 25 | $748.7M | $915.5M | ||
| Q2 25 | $747.2M | $915.5M | ||
| Q1 25 | $729.2M | $915.5M | ||
| Q4 24 | $747.2M | — | ||
| Q3 24 | $742.5M | $1.1B | ||
| Q2 24 | $736.0M | $1.1B | ||
| Q1 24 | $756.5M | $1.1B |
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 | $2.6M |
| Free Cash FlowOCF − Capex | $11.6M | $-2.9M |
| FCF MarginFCF / Revenue | 6.2% | -0.8% |
| Capex IntensityCapex / Revenue | 0.4% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.28× | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | — | ||
| Q3 25 | $-3.8M | $2.6M | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $39.1M | — | ||
| Q4 24 | $-4.7M | — | ||
| Q3 24 | $-17.8M | $105.2M | ||
| Q2 24 | $-18.1M | — | ||
| Q1 24 | $69.4M | $17.8M |
| Q4 25 | $11.6M | — | ||
| Q3 25 | $-5.1M | $-2.9M | ||
| Q2 25 | $-8.7M | — | ||
| Q1 25 | $37.5M | — | ||
| Q4 24 | $-7.2M | — | ||
| Q3 24 | $-20.1M | $104.7M | ||
| Q2 24 | $-19.7M | — | ||
| Q1 24 | $67.8M | $17.6M |
| Q4 25 | 6.2% | — | ||
| Q3 25 | -3.1% | -0.8% | ||
| Q2 25 | -6.6% | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -12.8% | 20.6% | ||
| Q2 24 | -14.7% | — | ||
| Q1 24 | 38.6% | 12.2% |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.8% | 1.5% | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.9% | 0.1% |
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | 0.34× | ||
| Q2 25 | -5.08× | — | ||
| Q1 25 | 4.86× | — | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | 1.35× | ||
| Q2 24 | -8.97× | — | ||
| Q1 24 | 7.06× | 0.75× |
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% |
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
