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Side-by-side financial comparison of Orchid Island Capital, Inc. (ORC) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $38.5M, roughly 1.1× Orchid Island Capital, Inc.). Orchid Island Capital, Inc. runs the higher net margin — 268.7% vs 16.9%, a 251.8% gap on every dollar of revenue.

Orchid Island Capital, Inc. is a U.S.-based specialty finance company operating as a real estate investment trust. It primarily invests in residential mortgage-backed securities, including agency and non-agency products, targeting consistent risk-adjusted returns for its investors across U.S. fixed income markets.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

ORC vs RERE — Head-to-Head

Bigger by revenue
RERE
RERE
1.1× larger
RERE
$43.2M
$38.5M
ORC
Higher net margin
ORC
ORC
251.8% more per $
ORC
268.7%
16.9%
RERE

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
ORC
ORC
RERE
RERE
Revenue
$38.5M
$43.2M
Net Profit
$103.4M
$7.3M
Gross Margin
Operating Margin
Net Margin
268.7%
16.9%
Revenue YoY
372.6%
Net Profit YoY
1764.9%
EPS (diluted)

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.

Revenue
ORC
ORC
RERE
RERE
Q4 25
$38.5M
Q3 25
$26.9M
Q2 25
$23.2M
Q1 25
$19.7M
Q3 24
$340.0K
Q2 24
$-697.0K
Q1 24
$-2.5M
Q1 23
$43.2M
Net Profit
ORC
ORC
RERE
RERE
Q4 25
$103.4M
Q3 25
$72.1M
Q2 25
$-33.6M
Q1 25
$17.1M
Q3 24
$17.3M
Q2 24
$-5.0M
Q1 24
$19.8M
Q1 23
$7.3M
Net Margin
ORC
ORC
RERE
RERE
Q4 25
268.7%
Q3 25
267.8%
Q2 25
-145.0%
Q1 25
86.9%
Q3 24
5094.1%
Q2 24
714.3%
Q1 24
-794.2%
Q1 23
16.9%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ORC
ORC
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$665.9M
$228.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$557.1M
Total Assets
$11.7B
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORC
ORC
RERE
RERE
Q4 25
$665.9M
Q3 25
$583.9M
Q2 25
$440.8M
Q1 25
$396.4M
Q3 24
$322.1M
Q2 24
$241.0M
Q1 24
$190.4M
Q1 23
$228.0M
Stockholders' Equity
ORC
ORC
RERE
RERE
Q4 25
$1.4B
Q3 25
$1.1B
Q2 25
$912.0M
Q1 25
$855.9M
Q3 24
$656.0M
Q2 24
$555.9M
Q1 24
$481.6M
Q1 23
$557.1M
Total Assets
ORC
ORC
RERE
RERE
Q4 25
$11.7B
Q3 25
$9.1B
Q2 25
$7.6B
Q1 25
$7.3B
Q3 24
$5.9B
Q2 24
$4.9B
Q1 24
$4.2B
Q1 23
$722.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ORC
ORC
RERE
RERE
Operating Cash FlowLast quarter
$120.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORC
ORC
RERE
RERE
Q4 25
$120.4M
Q3 25
$28.0M
Q2 25
$18.4M
Q1 25
$25.8M
Q3 24
$-14.8M
Q2 24
$19.3M
Q1 24
$45.0M
Q1 23
Cash Conversion
ORC
ORC
RERE
RERE
Q4 25
1.16×
Q3 25
0.39×
Q2 25
Q1 25
1.51×
Q3 24
-0.86×
Q2 24
Q1 24
2.28×
Q1 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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