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Side-by-side financial comparison of MOVADO GROUP INC (MOV) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Xometry, Inc. is the larger business by last-quarter revenue ($192.4M vs $186.1M, roughly 1.0× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs -4.5%, a 9.6% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 1.9%). MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $-5.9M). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% 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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
MOV vs XMTR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $192.4M |
| Net Profit | $9.6M | $-8.6M |
| Gross Margin | 54.3% | 39.1% |
| Operating Margin | 6.3% | -4.6% |
| Net Margin | 5.1% | -4.5% |
| Revenue YoY | 1.9% | 29.5% |
| Net Profit YoY | 89.8% | 12.7% |
| 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 | $192.4M | ||
| Q3 25 | $161.8M | $180.7M | ||
| Q2 25 | $131.8M | $162.5M | ||
| Q1 25 | $181.5M | $151.0M | ||
| Q4 24 | $180.5M | $148.5M | ||
| Q3 24 | $157.0M | $141.7M | ||
| Q2 24 | $134.4M | $132.6M | ||
| Q1 24 | $175.8M | $122.7M |
| Q4 25 | $9.6M | $-8.6M | ||
| Q3 25 | $3.0M | $-11.6M | ||
| Q2 25 | $1.4M | $-26.4M | ||
| Q1 25 | $8.1M | $-15.1M | ||
| Q4 24 | $4.8M | $-9.9M | ||
| Q3 24 | $3.5M | $-10.2M | ||
| Q2 24 | $2.0M | $-13.7M | ||
| Q1 24 | $9.8M | $-16.6M |
| Q4 25 | 54.3% | 39.1% | ||
| Q3 25 | 54.1% | 39.9% | ||
| Q2 25 | 54.1% | 40.1% | ||
| Q1 25 | 54.2% | 37.3% | ||
| Q4 24 | 53.5% | 39.7% | ||
| Q3 24 | 54.3% | 39.4% | ||
| Q2 24 | 54.3% | 39.9% | ||
| Q1 24 | 53.5% | 39.0% |
| Q4 25 | 6.3% | -4.6% | ||
| Q3 25 | 2.5% | -6.1% | ||
| Q2 25 | 0.2% | -6.3% | ||
| Q1 25 | 5.1% | -10.2% | ||
| Q4 24 | 3.3% | -7.8% | ||
| Q3 24 | 1.7% | -8.1% | ||
| Q2 24 | 1.6% | -11.5% | ||
| Q1 24 | 6.1% | -14.6% |
| Q4 25 | 5.1% | -4.5% | ||
| Q3 25 | 1.8% | -6.4% | ||
| Q2 25 | 1.1% | -16.3% | ||
| Q1 25 | 4.4% | -10.0% | ||
| Q4 24 | 2.7% | -6.7% | ||
| Q3 24 | 2.2% | -7.2% | ||
| Q2 24 | 1.5% | -10.3% | ||
| Q1 24 | 5.6% | -13.5% |
| 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 | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $497.5M | $275.6M |
| Total Assets | $751.9M | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $219.1M | ||
| Q3 25 | $180.5M | $224.5M | ||
| Q2 25 | $203.1M | $225.8M | ||
| Q1 25 | $208.5M | $231.4M | ||
| Q4 24 | $181.5M | $239.8M | ||
| Q3 24 | $198.3M | $234.0M | ||
| Q2 24 | $225.4M | $240.9M | ||
| Q1 24 | $262.1M | $253.8M |
| Q4 25 | $497.5M | $275.6M | ||
| Q3 25 | $489.9M | $272.0M | ||
| Q2 25 | $493.2M | $270.4M | ||
| Q1 25 | $481.3M | $309.9M | ||
| Q4 24 | $491.3M | $314.5M | ||
| Q3 24 | $492.0M | $315.2M | ||
| Q2 24 | $489.6M | $315.8M | ||
| Q1 24 | $505.9M | $320.4M |
| Q4 25 | $751.9M | $703.7M | ||
| Q3 25 | $748.7M | $698.9M | ||
| Q2 25 | $747.2M | $687.0M | ||
| Q1 25 | $729.2M | $690.1M | ||
| Q4 24 | $747.2M | $680.1M | ||
| Q3 24 | $742.5M | $678.2M | ||
| Q2 24 | $736.0M | $678.6M | ||
| Q1 24 | $756.5M | $692.5M |
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 | $4.4M |
| Free Cash FlowOCF − Capex | $11.6M | $-5.9M |
| FCF MarginFCF / Revenue | 6.2% | -3.0% |
| Capex IntensityCapex / Revenue | 0.4% | 5.3% |
| Cash ConversionOCF / Net Profit | 1.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $4.4M | ||
| Q3 25 | $-3.8M | $5.8M | ||
| Q2 25 | $-7.2M | $-427.0K | ||
| Q1 25 | $39.1M | $-3.7M | ||
| Q4 24 | $-4.7M | $9.1M | ||
| Q3 24 | $-17.8M | $-3.6M | ||
| Q2 24 | $-18.1M | $-9.1M | ||
| Q1 24 | $69.4M | $-11.7M |
| Q4 25 | $11.6M | $-5.9M | ||
| Q3 25 | $-5.1M | $-1.7M | ||
| Q2 25 | $-8.7M | $-7.4M | ||
| Q1 25 | $37.5M | $-9.2M | ||
| Q4 24 | $-7.2M | $4.5M | ||
| Q3 24 | $-20.1M | $-8.4M | ||
| Q2 24 | $-19.7M | $-13.5M | ||
| Q1 24 | $67.8M | $-16.1M |
| Q4 25 | 6.2% | -3.0% | ||
| Q3 25 | -3.1% | -0.9% | ||
| Q2 25 | -6.6% | -4.5% | ||
| Q1 25 | 20.7% | -6.1% | ||
| Q4 24 | -4.0% | 3.1% | ||
| Q3 24 | -12.8% | -6.0% | ||
| Q2 24 | -14.7% | -10.2% | ||
| Q1 24 | 38.6% | -13.1% |
| Q4 25 | 0.4% | 5.3% | ||
| Q3 25 | 0.8% | 4.1% | ||
| Q2 25 | 1.2% | 4.3% | ||
| Q1 25 | 0.9% | 3.6% | ||
| Q4 24 | 1.4% | 3.1% | ||
| Q3 24 | 1.5% | 3.4% | ||
| Q2 24 | 1.2% | 3.3% | ||
| Q1 24 | 0.9% | 3.5% |
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | — | ||
| Q2 25 | -5.08× | — | ||
| Q1 25 | 4.86× | — | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | — | ||
| Q2 24 | -8.97× | — | ||
| Q1 24 | 7.06× | — |
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% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
