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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.
Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $186.1M, roughly 1.4× MOVADO GROUP INC). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 1.9%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $11.6M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% 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.
Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.
MOV vs PLMR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $253.4M |
| Net Profit | $9.6M | — |
| Gross Margin | 54.3% | — |
| Operating Margin | 6.3% | 28.7% |
| Net Margin | 5.1% | — |
| Revenue YoY | 1.9% | 62.7% |
| Net Profit YoY | 89.8% | — |
| EPS (diluted) | $0.42 | $2.05 |
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 | $253.4M | ||
| Q3 25 | $161.8M | $244.7M | ||
| Q2 25 | $131.8M | $203.3M | ||
| Q1 25 | $181.5M | $174.6M | ||
| Q4 24 | $180.5M | $155.8M | ||
| Q3 24 | $157.0M | $148.5M | ||
| Q2 24 | $134.4M | $131.1M | ||
| Q1 24 | $175.8M | $118.5M |
| Q4 25 | $9.6M | — | ||
| Q3 25 | $3.0M | $51.5M | ||
| Q2 25 | $1.4M | $46.5M | ||
| Q1 25 | $8.1M | $42.9M | ||
| Q4 24 | $4.8M | — | ||
| Q3 24 | $3.5M | $30.5M | ||
| Q2 24 | $2.0M | $25.7M | ||
| Q1 24 | $9.8M | $26.4M |
| 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% | 28.7% | ||
| Q3 25 | 2.5% | 27.4% | ||
| Q2 25 | 0.2% | 29.5% | ||
| Q1 25 | 5.1% | 30.8% | ||
| Q4 24 | 3.3% | 28.9% | ||
| Q3 24 | 1.7% | 25.9% | ||
| Q2 24 | 1.6% | 25.5% | ||
| Q1 24 | 6.1% | 29.0% |
| Q4 25 | 5.1% | — | ||
| Q3 25 | 1.8% | 21.0% | ||
| Q2 25 | 1.1% | 22.9% | ||
| Q1 25 | 4.4% | 24.6% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.2% | 20.5% | ||
| Q2 24 | 1.5% | 19.6% | ||
| Q1 24 | 5.6% | 22.3% |
| Q4 25 | $0.42 | $2.05 | ||
| Q3 25 | $0.13 | $1.87 | ||
| Q2 25 | $0.06 | $1.68 | ||
| Q1 25 | $0.36 | $1.57 | ||
| Q4 24 | $0.21 | $1.29 | ||
| Q3 24 | $0.15 | $1.15 | ||
| Q2 24 | $0.09 | $1.00 | ||
| Q1 24 | $0.44 | $1.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $183.9M | $106.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $497.5M | $942.7M |
| Total Assets | $751.9M | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $106.9M | ||
| Q3 25 | $180.5M | $111.7M | ||
| Q2 25 | $203.1M | $81.3M | ||
| Q1 25 | $208.5M | $119.3M | ||
| Q4 24 | $181.5M | $80.4M | ||
| Q3 24 | $198.3M | $86.5M | ||
| Q2 24 | $225.4M | $47.8M | ||
| Q1 24 | $262.1M | $61.4M |
| Q4 25 | $497.5M | $942.7M | ||
| Q3 25 | $489.9M | $878.1M | ||
| Q2 25 | $493.2M | $847.2M | ||
| Q1 25 | $481.3M | $790.4M | ||
| Q4 24 | $491.3M | $729.0M | ||
| Q3 24 | $492.0M | $703.3M | ||
| Q2 24 | $489.6M | $532.6M | ||
| Q1 24 | $505.9M | $501.7M |
| Q4 25 | $751.9M | $3.1B | ||
| Q3 25 | $748.7M | $2.9B | ||
| Q2 25 | $747.2M | $2.8B | ||
| Q1 25 | $729.2M | $2.4B | ||
| Q4 24 | $747.2M | $2.3B | ||
| Q3 24 | $742.5M | $2.3B | ||
| Q2 24 | $736.0M | $2.0B | ||
| Q1 24 | $756.5M | $1.9B |
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 | $409.1M |
| Free Cash FlowOCF − Capex | $11.6M | $409.0M |
| FCF MarginFCF / Revenue | 6.2% | 161.4% |
| Capex IntensityCapex / Revenue | 0.4% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $700.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $409.1M | ||
| Q3 25 | $-3.8M | $83.6M | ||
| Q2 25 | $-7.2M | $120.9M | ||
| Q1 25 | $39.1M | $87.2M | ||
| Q4 24 | $-4.7M | $261.2M | ||
| Q3 24 | $-17.8M | $100.3M | ||
| Q2 24 | $-18.1M | $55.1M | ||
| Q1 24 | $69.4M | $33.1M |
| Q4 25 | $11.6M | $409.0M | ||
| Q3 25 | $-5.1M | $83.6M | ||
| Q2 25 | $-8.7M | $120.8M | ||
| Q1 25 | $37.5M | $87.1M | ||
| Q4 24 | $-7.2M | $260.9M | ||
| Q3 24 | $-20.1M | $100.1M | ||
| Q2 24 | $-19.7M | — | ||
| Q1 24 | $67.8M | — |
| Q4 25 | 6.2% | 161.4% | ||
| Q3 25 | -3.1% | 34.2% | ||
| Q2 25 | -6.6% | 59.4% | ||
| Q1 25 | 20.7% | 49.9% | ||
| Q4 24 | -4.0% | 167.5% | ||
| Q3 24 | -12.8% | 67.4% | ||
| Q2 24 | -14.7% | — | ||
| Q1 24 | 38.6% | — |
| Q4 25 | 0.4% | 0.1% | ||
| Q3 25 | 0.8% | 0.0% | ||
| Q2 25 | 1.2% | 0.0% | ||
| Q1 25 | 0.9% | 0.0% | ||
| Q4 24 | 1.4% | 0.2% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.2% | 0.0% | ||
| Q1 24 | 0.9% | 0.0% |
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | 1.63× | ||
| Q2 25 | -5.08× | 2.60× | ||
| Q1 25 | 4.86× | 2.03× | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | 3.29× | ||
| Q2 24 | -8.97× | 2.14× | ||
| Q1 24 | 7.06× | 1.26× |
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% |
PLMR
Segment breakdown not available.
