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Side-by-side financial comparison of BUILD-A-BEAR WORKSHOP INC (BBW) and CITIZENS, INC. (CIA). Click either name above to swap in a different company.

BUILD-A-BEAR WORKSHOP INC is the larger business by last-quarter revenue ($122.7M vs $72.1M, roughly 1.7× CITIZENS, INC.). CITIZENS, INC. runs the higher net margin — 10.2% vs 6.6%, a 3.6% gap on every dollar of revenue. On growth, CITIZENS, INC. posted the faster year-over-year revenue change (13.5% vs 2.7%). CITIZENS, INC. produced more free cash flow last quarter ($17.5M vs $1.7M).

Build-A-Bear Workshop, Inc. is an American retailer headquartered in St. Louis, Missouri that sells teddy bears, stuffed animals, and characters. During store visits, customers go through an interactive process where the stuffed animal of their choice is assembled and tailored to their own preferences including varying scents, sounds, looks, and outfits. Build-A-Bear Workshop is the largest chain that operates in this style. The company's slogan was "Where Best Friends Are Made" from 1997–201...

Citizen Watch Co., Ltd. , also known as the Citizen Group, is an electronics company primarily known for its watches and is the core company of a Japanese global corporate group based in Nishitokyo, Tokyo, Japan. In addition to Citizen brand watches, it is the parent of American watch company Bulova. Beyond watches, Citizen also manufactures calculators, printers, health care devices, and precision CNC machining equipment.

BBW vs CIA — Head-to-Head

Bigger by revenue
BBW
BBW
1.7× larger
BBW
$122.7M
$72.1M
CIA
Growing faster (revenue YoY)
CIA
CIA
+10.8% gap
CIA
13.5%
2.7%
BBW
Higher net margin
CIA
CIA
3.6% more per $
CIA
10.2%
6.6%
BBW
More free cash flow
CIA
CIA
$15.8M more FCF
CIA
$17.5M
$1.7M
BBW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BBW
BBW
CIA
CIA
Revenue
$122.7M
$72.1M
Net Profit
$8.1M
$7.3M
Gross Margin
53.7%
Operating Margin
8.7%
10.9%
Net Margin
6.6%
10.2%
Revenue YoY
2.7%
13.5%
Net Profit YoY
-17.7%
102.7%
EPS (diluted)
$0.62

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
BBW
BBW
CIA
CIA
Q4 25
$122.7M
$72.1M
Q3 25
$124.2M
$62.8M
Q2 25
$128.4M
$65.1M
Q1 25
$150.4M
$55.7M
Q4 24
$63.5M
Q3 24
$61.7M
Q2 24
$62.1M
Q1 24
$57.7M
Net Profit
BBW
BBW
CIA
CIA
Q4 25
$8.1M
$7.3M
Q3 25
$12.4M
$2.4M
Q2 25
$15.3M
$6.5M
Q1 25
$21.7M
$-1.6M
Q4 24
$3.6M
Q3 24
$2.8M
Q2 24
$4.0M
Q1 24
$4.5M
Gross Margin
BBW
BBW
CIA
CIA
Q4 25
53.7%
Q3 25
57.6%
Q2 25
56.8%
Q1 25
56.6%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BBW
BBW
CIA
CIA
Q4 25
8.7%
10.9%
Q3 25
12.3%
7.1%
Q2 25
15.3%
10.6%
Q1 25
18.3%
-3.2%
Q4 24
5.9%
Q3 24
4.9%
Q2 24
5.3%
Q1 24
8.5%
Net Margin
BBW
BBW
CIA
CIA
Q4 25
6.6%
10.2%
Q3 25
10.0%
3.8%
Q2 25
11.9%
9.9%
Q1 25
14.4%
-2.9%
Q4 24
5.7%
Q3 24
4.5%
Q2 24
6.4%
Q1 24
7.9%
EPS (diluted)
BBW
BBW
CIA
CIA
Q4 25
$0.62
Q3 25
$0.94
Q2 25
$1.17
Q1 25
$1.61
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
BBW
BBW
CIA
CIA
Cash + ST InvestmentsLiquidity on hand
$27.7M
$23.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$150.6M
$235.0M
Total Assets
$326.5M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBW
BBW
CIA
CIA
Q4 25
$27.7M
$23.0M
Q3 25
$39.1M
$23.1M
Q2 25
$44.3M
$22.7M
Q1 25
$27.8M
$18.4M
Q4 24
$29.3M
Q3 24
$32.4M
Q2 24
$26.3M
Q1 24
$23.2M
Stockholders' Equity
BBW
BBW
CIA
CIA
Q4 25
$150.6M
$235.0M
Q3 25
$155.4M
$225.6M
Q2 25
$148.7M
$229.0M
Q1 25
$139.1M
$218.1M
Q4 24
$210.4M
Q3 24
$207.6M
Q2 24
$191.5M
Q1 24
$195.2M
Total Assets
BBW
BBW
CIA
CIA
Q4 25
$326.5M
$1.8B
Q3 25
$318.2M
$1.7B
Q2 25
$308.3M
$1.7B
Q1 25
$290.0M
$1.7B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.7B

Cash Flow & Capital Efficiency

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

Metric
BBW
BBW
CIA
CIA
Operating Cash FlowLast quarter
$8.2M
$18.0M
Free Cash FlowOCF − Capex
$1.7M
$17.5M
FCF MarginFCF / Revenue
1.4%
24.3%
Capex IntensityCapex / Revenue
5.3%
0.6%
Cash ConversionOCF / Net Profit
1.01×
2.45×
TTM Free Cash FlowTrailing 4 quarters
$37.2M
$26.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBW
BBW
CIA
CIA
Q4 25
$8.2M
$18.0M
Q3 25
$4.2M
$4.7M
Q2 25
$27.8M
$3.5M
Q1 25
$19.5M
$748.0K
Q4 24
$31.9M
Q3 24
$9.7M
Q2 24
$4.6M
Q1 24
$6.8M
Free Cash Flow
BBW
BBW
CIA
CIA
Q4 25
$1.7M
$17.5M
Q3 25
$793.0K
$4.6M
Q2 25
$24.9M
$3.3M
Q1 25
$9.8M
$641.0K
Q4 24
$31.3M
Q3 24
$9.3M
Q2 24
$4.5M
Q1 24
$6.7M
FCF Margin
BBW
BBW
CIA
CIA
Q4 25
1.4%
24.3%
Q3 25
0.6%
7.3%
Q2 25
19.4%
5.1%
Q1 25
6.5%
1.2%
Q4 24
49.2%
Q3 24
15.1%
Q2 24
7.2%
Q1 24
11.7%
Capex Intensity
BBW
BBW
CIA
CIA
Q4 25
5.3%
0.6%
Q3 25
2.8%
0.1%
Q2 25
2.3%
0.3%
Q1 25
6.5%
0.2%
Q4 24
1.0%
Q3 24
0.6%
Q2 24
0.2%
Q1 24
0.1%
Cash Conversion
BBW
BBW
CIA
CIA
Q4 25
1.01×
2.45×
Q3 25
0.34×
1.93×
Q2 25
1.81×
0.54×
Q1 25
0.90×
Q4 24
8.81×
Q3 24
3.48×
Q2 24
1.16×
Q1 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBW
BBW

Direct To Consumer$112.3M92%
Commercial Product And Service$8.9M7%
International Franchising$1.5M1%

CIA
CIA

Segment breakdown not available.

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