vs
Side-by-side financial comparison of Safehold Inc. (SAFE) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
Safehold Inc. is the larger business by last-quarter revenue ($97.9M vs $85.1M, roughly 1.1× VINCE HOLDING CORP.). Safehold Inc. runs the higher net margin — 28.5% vs 3.2%, a 25.3% gap on every dollar of revenue. On growth, Safehold Inc. posted the faster year-over-year revenue change (6.5% vs 6.2%). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% CAGR vs 2.5%).
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
SAFE vs VNCE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $97.9M | $85.1M |
| Net Profit | $27.9M | $2.7M |
| Gross Margin | 98.6% | 49.2% |
| Operating Margin | 27.4% | 6.4% |
| Net Margin | 28.5% | 3.2% |
| Revenue YoY | 6.5% | 6.2% |
| Net Profit YoY | 7.1% | -37.3% |
| EPS (diluted) | $0.38 | $0.21 |
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 | $97.9M | $85.1M | ||
| Q3 25 | $96.2M | $73.2M | ||
| Q2 25 | $93.8M | $57.9M | ||
| Q1 25 | $97.7M | $80.0M | ||
| Q4 24 | $91.9M | $80.2M | ||
| Q3 24 | $90.7M | $74.2M | ||
| Q2 24 | $89.9M | $59.2M | ||
| Q1 24 | $93.2M | $75.3M |
| Q4 25 | $27.9M | $2.7M | ||
| Q3 25 | $29.3M | $12.1M | ||
| Q2 25 | $27.9M | $-4.8M | ||
| Q1 25 | $29.4M | $-28.3M | ||
| Q4 24 | $26.0M | $4.3M | ||
| Q3 24 | $19.3M | $569.0K | ||
| Q2 24 | $29.7M | $4.4M | ||
| Q1 24 | $30.7M | $-4.7M |
| Q4 25 | 98.6% | 49.2% | ||
| Q3 25 | 98.5% | 50.4% | ||
| Q2 25 | 99.1% | 50.3% | ||
| Q1 25 | 98.8% | 50.1% | ||
| Q4 24 | 98.8% | 50.0% | ||
| Q3 24 | 98.8% | 47.4% | ||
| Q2 24 | 98.8% | 50.6% | ||
| Q1 24 | 98.8% | 45.4% |
| Q4 25 | 27.4% | 6.4% | ||
| Q3 25 | 25.9% | 15.2% | ||
| Q2 25 | 25.5% | -7.7% | ||
| Q1 25 | 25.9% | -37.1% | ||
| Q4 24 | 24.6% | 7.2% | ||
| Q3 24 | 17.5% | 1.5% | ||
| Q2 24 | 26.7% | 9.5% | ||
| Q1 24 | 26.4% | -2.2% |
| Q4 25 | 28.5% | 3.2% | ||
| Q3 25 | 30.5% | 16.5% | ||
| Q2 25 | 29.8% | -8.3% | ||
| Q1 25 | 30.1% | -35.5% | ||
| Q4 24 | 28.3% | 5.4% | ||
| Q3 24 | 21.3% | 0.8% | ||
| Q2 24 | 33.0% | 7.4% | ||
| Q1 24 | 33.0% | -6.2% |
| Q4 25 | $0.38 | $0.21 | ||
| Q3 25 | $0.41 | $0.93 | ||
| Q2 25 | $0.39 | $-0.37 | ||
| Q1 25 | $0.41 | $-2.25 | ||
| Q4 24 | $0.36 | $0.34 | ||
| Q3 24 | $0.27 | $0.05 | ||
| Q2 24 | $0.42 | $0.35 | ||
| Q1 24 | $0.43 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $21.7M | $1.1M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $2.4B | $53.4M |
| Total Assets | $7.2B | $246.0M |
| Debt / EquityLower = less leverage | 1.90× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.7M | $1.1M | ||
| Q3 25 | $12.1M | $777.0K | ||
| Q2 25 | $13.9M | $2.6M | ||
| Q1 25 | $17.3M | $607.0K | ||
| Q4 24 | $8.3M | $892.0K | ||
| Q3 24 | $15.6M | $711.0K | ||
| Q2 24 | $13.4M | $739.0K | ||
| Q1 24 | $11.3M | $357.0K |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | $4.1B | — |
| Q4 25 | $2.4B | $53.4M | ||
| Q3 25 | $2.4B | $49.3M | ||
| Q2 25 | $2.4B | $37.2M | ||
| Q1 25 | $2.4B | $41.8M | ||
| Q4 24 | $2.3B | $57.1M | ||
| Q3 24 | $2.3B | $52.4M | ||
| Q2 24 | $2.3B | $51.7M | ||
| Q1 24 | $2.3B | $47.2M |
| Q4 25 | $7.2B | $246.0M | ||
| Q3 25 | $7.1B | $239.0M | ||
| Q2 25 | $7.1B | $218.0M | ||
| Q1 25 | $6.9B | $222.7M | ||
| Q4 24 | $6.9B | $254.7M | ||
| Q3 24 | $6.8B | $253.6M | ||
| Q2 24 | $6.8B | $223.1M | ||
| Q1 24 | $6.7B | $225.1M |
| Q4 25 | 1.90× | — | ||
| Q3 25 | 1.89× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.85× | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.81× | — |
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 | $47.8M | $-5.1M |
| Free Cash FlowOCF − Capex | — | $-5.7M |
| FCF MarginFCF / Revenue | — | -6.7% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 1.72× | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.8M | $-5.1M | ||
| Q3 25 | $-1.4M | $4.2M | ||
| Q2 25 | $28.0M | $-11.8M | ||
| Q1 25 | $8.9M | $22.7M | ||
| Q4 24 | $37.9M | $6.4M | ||
| Q3 24 | $8.3M | $-3.2M | ||
| Q2 24 | $24.8M | $-3.9M | ||
| Q1 24 | $-3.1M | $14.8M |
| Q4 25 | — | $-5.7M | ||
| Q3 25 | — | $2.1M | ||
| Q2 25 | — | $-13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | — | $-3.9M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $14.2M |
| Q4 25 | — | -6.7% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | -22.9% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | — | -5.2% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | 18.9% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | 1.72× | -1.86× | ||
| Q3 25 | -0.05× | 0.35× | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 1.45× | 1.48× | ||
| Q3 24 | 0.43× | -5.61× | ||
| Q2 24 | 0.83× | -0.89× | ||
| Q1 24 | -0.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
