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Arhaus, Inc.（ARHS）与Lovesac Co（LOVE）财务数据对比。点击上方公司名可切换其他公司
Arhaus, Inc.的季度营收约是Lovesac Co的2.4倍（$364.8M vs $150.2M）。Arhaus, Inc.净利率更高（4.1% vs -7.0%，领先11.2%）。Arhaus, Inc.同比增速更快（5.1% vs 0.2%）。Arhaus, Inc.自由现金流更多（$-8.8M vs $-10.2M）。过去两年Arhaus, Inc.的营收复合增速更高（11.2% vs -22.6%）
Arhaus, Inc.是源自美国的高端家居零售企业，总部位于俄亥俄州波士顿高地，1986年正式创立。品牌主打可持续理念与工匠级品质，产品品类丰富，采用全渠道模式面向个人消费者及企业客户，覆盖民用与商用家居场景，提供相关产品与配套服务。
Lovesac是美国的家具零售商，主打拥有专利的Sactionals模块化沙发系统，该系统由可自由组合的座部、侧部模块，以及定制沙发套和相关配件组成。除模块化沙发外，品牌还销售采用独家发泡混合材料填充的袋式懒人座椅。
ARHS vs LOVE — 直观对比
营收规模更大
ARHS
是对方的2.4倍
$150.2M
营收增速更快
ARHS
高出5.0%
0.2%
净利率更高
ARHS
高出11.2%
-7.0%
自由现金流更多
ARHS
多$1.4M
$-10.2M
两年增速更快
ARHS
近两年复合增速
-22.6%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $364.8M | $150.2M |
| 净利润 | $15.1M | $-10.6M |
| 毛利率 | 38.1% | 56.1% |
| 营业利润率 | 5.6% | -10.5% |
| 净利率 | 4.1% | -7.0% |
| 营收同比 | 5.1% | 0.2% |
| 净利润同比 | -29.1% | -114.0% |
| 每股收益（稀释后） | $0.11 | $-0.72 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ARHSLOVE
| Q4 25 | $364.8M | $150.2M | ||
| Q3 25 | $344.6M | $160.5M | ||
| Q2 25 | $358.4M | $138.4M | ||
| Q1 25 | $311.4M | $241.5M | ||
| Q4 24 | $347.0M | $149.9M | ||
| Q3 24 | $319.1M | $156.6M | ||
| Q2 24 | $309.8M | $132.6M | ||
| Q1 24 | $295.2M | $250.5M |
净利润ARHSLOVE
| Q4 25 | $15.1M | $-10.6M | ||
| Q3 25 | $12.2M | $-6.7M | ||
| Q2 25 | $35.1M | $-10.8M | ||
| Q1 25 | $4.9M | $35.3M | ||
| Q4 24 | $21.3M | $-4.9M | ||
| Q3 24 | $9.9M | $-5.9M | ||
| Q2 24 | $22.2M | $-13.0M | ||
| Q1 24 | $15.1M | $31.0M |
毛利率ARHSLOVE
| Q4 25 | 38.1% | 56.1% | ||
| Q3 25 | 38.7% | 56.4% | ||
| Q2 25 | 41.4% | 53.7% | ||
| Q1 25 | 37.1% | 60.4% | ||
| Q4 24 | 40.0% | 58.5% | ||
| Q3 24 | 38.6% | 59.0% | ||
| Q2 24 | 40.1% | 54.3% | ||
| Q1 24 | 39.0% | 59.7% |
营业利润率ARHSLOVE
| Q4 25 | 5.6% | -10.5% | ||
| Q3 25 | 4.8% | -5.5% | ||
| Q2 25 | 13.0% | -10.8% | ||
| Q1 25 | 1.7% | 19.7% | ||
| Q4 24 | 8.2% | -5.2% | ||
| Q3 24 | 3.3% | -5.3% | ||
| Q2 24 | 9.5% | -13.5% | ||
| Q1 24 | 6.2% | 16.1% |
净利率ARHSLOVE
| Q4 25 | 4.1% | -7.0% | ||
| Q3 25 | 3.5% | -4.1% | ||
| Q2 25 | 9.8% | -7.8% | ||
| Q1 25 | 1.6% | 14.6% | ||
| Q4 24 | 6.1% | -3.3% | ||
| Q3 24 | 3.1% | -3.7% | ||
| Q2 24 | 7.2% | -9.8% | ||
| Q1 24 | 5.1% | 12.4% |
每股收益（稀释后）ARHSLOVE
| Q4 25 | $0.11 | $-0.72 | ||
| Q3 25 | $0.09 | $-0.45 | ||
| Q2 25 | $0.25 | $-0.73 | ||
| Q1 25 | $0.03 | $2.22 | ||
| Q4 24 | $0.15 | $-0.32 | ||
| Q3 24 | $0.07 | $-0.38 | ||
| Q2 24 | $0.16 | $-0.83 | ||
| Q1 24 | $0.11 | $1.91 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $253.4M | $23.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $418.2M | $189.3M |
| 总资产 | $1.4B | $495.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARHSLOVE
| Q4 25 | $253.4M | $23.7M | ||
| Q3 25 | $262.2M | $34.2M | ||
| Q2 25 | $234.8M | $26.9M | ||
| Q1 25 | $214.4M | $83.7M | ||
| Q4 24 | $197.5M | $61.7M | ||
| Q3 24 | $177.7M | $72.1M | ||
| Q2 24 | $174.2M | $72.4M | ||
| Q1 24 | $233.2M | $87.0M |
股东权益ARHSLOVE
| Q4 25 | $418.2M | $189.3M | ||
| Q3 25 | $400.4M | $197.5M | ||
| Q2 25 | $385.6M | $201.2M | ||
| Q1 25 | $348.8M | $216.4M | ||
| Q4 24 | $343.7M | $196.5M | ||
| Q3 24 | $320.6M | $202.1M | ||
| Q2 24 | $309.3M | $205.3M | ||
| Q1 24 | $285.6M | $217.5M |
总资产ARHSLOVE
| Q4 25 | $1.4B | $495.5M | ||
| Q3 25 | $1.4B | $493.7M | ||
| Q2 25 | $1.3B | $483.7M | ||
| Q1 25 | $1.3B | $532.3M | ||
| Q4 24 | $1.2B | $499.7M | ||
| Q3 24 | $1.2B | $481.1M | ||
| Q2 24 | $1.2B | $477.2M | ||
| Q1 24 | $1.2B | $482.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $9.3M | $-4.9M |
| 自由现金流经营现金流 - 资本支出 | $-8.8M | $-10.2M |
| 自由现金流率自由现金流/营收 | -2.4% | -6.8% |
| 资本支出强度资本支出/营收 | 5.0% | 3.5% |
| 现金转化率经营现金流/净利润 | 0.62× | — |
| 过去12个月自由现金流最近4个季度 | $59.0M | $-13.6M |
8季度趋势，按日历期对齐
经营现金流ARHSLOVE
| Q4 25 | $9.3M | $-4.9M | ||
| Q3 25 | $46.1M | $12.2M | ||
| Q2 25 | $34.9M | $-41.4M | ||
| Q1 25 | $46.5M | $44.0M | ||
| Q4 24 | $31.7M | $-4.2M | ||
| Q3 24 | $31.1M | $6.2M | ||
| Q2 24 | $47.5M | $-7.0M | ||
| Q1 24 | $36.8M | $56.3M |
自由现金流ARHSLOVE
| Q4 25 | $-8.8M | $-10.2M | ||
| Q3 25 | $28.0M | $7.8M | ||
| Q2 25 | $20.9M | $-50.0M | ||
| Q1 25 | $18.9M | $38.7M | ||
| Q4 24 | $13.0M | $-6.6M | ||
| Q3 24 | $4.6M | $119.0K | ||
| Q2 24 | $11.3M | $-14.3M | ||
| Q1 24 | $10.9M | $49.5M |
自由现金流率ARHSLOVE
| Q4 25 | -2.4% | -6.8% | ||
| Q3 25 | 8.1% | 4.9% | ||
| Q2 25 | 5.8% | -36.1% | ||
| Q1 25 | 6.1% | 16.0% | ||
| Q4 24 | 3.7% | -4.4% | ||
| Q3 24 | 1.4% | 0.1% | ||
| Q2 24 | 3.6% | -10.8% | ||
| Q1 24 | 3.7% | 19.8% |
资本支出强度ARHSLOVE
| Q4 25 | 5.0% | 3.5% | ||
| Q3 25 | 5.3% | 2.7% | ||
| Q2 25 | 3.9% | 6.2% | ||
| Q1 25 | 8.9% | 2.2% | ||
| Q4 24 | 5.4% | 1.6% | ||
| Q3 24 | 8.3% | 3.9% | ||
| Q2 24 | 11.7% | 5.5% | ||
| Q1 24 | 8.8% | 2.7% |
现金转化率ARHSLOVE
| Q4 25 | 0.62× | — | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 9.53× | 1.25× | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | 1.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
LOVE
| Showrooms | $102.7M | 68% |
| Internet | $37.3M | 25% |
| Other | $10.2M | 7% |
