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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $186.1M, roughly 1.1× MOVADO GROUP INC). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 5.1%, a 11.1% gap on every dollar of revenue. On growth, MOVADO GROUP INC posted the faster year-over-year revenue change (1.9% vs -10.9%). MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $-74.1M). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% CAGR vs -3.2%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
MOV vs VRTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $208.0M |
| Net Profit | $9.6M | $33.9M |
| Gross Margin | 54.3% | — |
| Operating Margin | 6.3% | 19.1% |
| Net Margin | 5.1% | 16.3% |
| Revenue YoY | 1.9% | -10.9% |
| Net Profit YoY | 89.8% | -14.2% |
| EPS (diluted) | $0.42 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $161.8M | $216.4M | ||
| Q2 25 | $131.8M | $210.5M | ||
| Q1 25 | $181.5M | $217.9M | ||
| Q4 24 | $180.5M | $233.5M | ||
| Q3 24 | $157.0M | $227.0M | ||
| Q2 24 | $134.4M | $224.4M | ||
| Q1 24 | $175.8M | $222.0M |
| Q4 25 | $9.6M | $33.9M | ||
| Q3 25 | $3.0M | $31.3M | ||
| Q2 25 | $1.4M | $42.7M | ||
| Q1 25 | $8.1M | $28.1M | ||
| Q4 24 | $4.8M | $39.5M | ||
| Q3 24 | $3.5M | $49.1M | ||
| Q2 24 | $2.0M | $26.0M | ||
| Q1 24 | $9.8M | $37.9M |
| 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% | 19.1% | ||
| Q3 25 | 2.5% | 21.7% | ||
| Q2 25 | 0.2% | 21.5% | ||
| Q1 25 | 5.1% | 16.8% | ||
| Q4 24 | 3.3% | 21.7% | ||
| Q3 24 | 1.7% | 24.3% | ||
| Q2 24 | 1.6% | 19.7% | ||
| Q1 24 | 6.1% | 14.5% |
| Q4 25 | 5.1% | 16.3% | ||
| Q3 25 | 1.8% | 14.5% | ||
| Q2 25 | 1.1% | 20.3% | ||
| Q1 25 | 4.4% | 12.9% | ||
| Q4 24 | 2.7% | 16.9% | ||
| Q3 24 | 2.2% | 21.6% | ||
| Q2 24 | 1.5% | 11.6% | ||
| Q1 24 | 5.6% | 17.1% |
| Q4 25 | $0.42 | $5.15 | ||
| Q3 25 | $0.13 | $4.65 | ||
| Q2 25 | $0.06 | $6.12 | ||
| Q1 25 | $0.36 | $4.05 | ||
| Q4 24 | $0.21 | $4.65 | ||
| Q3 24 | $0.15 | $5.71 | ||
| Q2 24 | $0.09 | $2.43 | ||
| Q1 24 | $0.44 | $4.10 |
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 | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $497.5M | $934.0M |
| Total Assets | $751.9M | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | — | ||
| Q3 25 | $180.5M | — | ||
| Q2 25 | $203.1M | — | ||
| Q1 25 | $208.5M | — | ||
| Q4 24 | $181.5M | — | ||
| Q3 24 | $198.3M | — | ||
| Q2 24 | $225.4M | — | ||
| Q1 24 | $262.1M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $497.5M | $934.0M | ||
| Q3 25 | $489.9M | $918.7M | ||
| Q2 25 | $493.2M | $896.4M | ||
| Q1 25 | $481.3M | $893.7M | ||
| Q4 24 | $491.3M | $897.5M | ||
| Q3 24 | $492.0M | $889.0M | ||
| Q2 24 | $489.6M | $868.7M | ||
| Q1 24 | $505.9M | $871.7M |
| Q4 25 | $751.9M | $4.3B | ||
| Q3 25 | $748.7M | $3.9B | ||
| Q2 25 | $747.2M | $3.7B | ||
| Q1 25 | $729.2M | $3.7B | ||
| Q4 24 | $747.2M | $4.0B | ||
| Q3 24 | $742.5M | $3.6B | ||
| Q2 24 | $736.0M | $3.6B | ||
| Q1 24 | $756.5M | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $11.6M | $-74.1M |
| FCF MarginFCF / Revenue | 6.2% | -35.6% |
| Capex IntensityCapex / Revenue | 0.4% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.28× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $-67.2M | ||
| Q3 25 | $-3.8M | $108.3M | ||
| Q2 25 | $-7.2M | $75.8M | ||
| Q1 25 | $39.1M | $-3.8M | ||
| Q4 24 | $-4.7M | $1.8M | ||
| Q3 24 | $-17.8M | $69.1M | ||
| Q2 24 | $-18.1M | $70.0M | ||
| Q1 24 | $69.4M | $-34.5M |
| Q4 25 | $11.6M | $-74.1M | ||
| Q3 25 | $-5.1M | $106.9M | ||
| Q2 25 | $-8.7M | $74.2M | ||
| Q1 25 | $37.5M | $-6.8M | ||
| Q4 24 | $-7.2M | $-3.8M | ||
| Q3 24 | $-20.1M | $68.7M | ||
| Q2 24 | $-19.7M | $68.6M | ||
| Q1 24 | $67.8M | $-36.5M |
| Q4 25 | 6.2% | -35.6% | ||
| Q3 25 | -3.1% | 49.4% | ||
| Q2 25 | -6.6% | 35.2% | ||
| Q1 25 | 20.7% | -3.1% | ||
| Q4 24 | -4.0% | -1.6% | ||
| Q3 24 | -12.8% | 30.3% | ||
| Q2 24 | -14.7% | 30.6% | ||
| Q1 24 | 38.6% | -16.4% |
| Q4 25 | 0.4% | 3.3% | ||
| Q3 25 | 0.8% | 0.7% | ||
| Q2 25 | 1.2% | 0.7% | ||
| Q1 25 | 0.9% | 1.4% | ||
| Q4 24 | 1.4% | 2.4% | ||
| Q3 24 | 1.5% | 0.2% | ||
| Q2 24 | 1.2% | 0.6% | ||
| Q1 24 | 0.9% | 0.9% |
| Q4 25 | 1.28× | -1.99× | ||
| Q3 25 | -1.27× | 3.45× | ||
| Q2 25 | -5.08× | 1.77× | ||
| Q1 25 | 4.86× | -0.13× | ||
| Q4 24 | -0.98× | 0.04× | ||
| Q3 24 | -5.14× | 1.41× | ||
| Q2 24 | -8.97× | 2.69× | ||
| Q1 24 | 7.06× | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
