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

MARCUS CORP is the larger business by last-quarter revenue ($193.5M vs $122.7M, roughly 1.6× BUILD-A-BEAR WORKSHOP INC). On growth, MARCUS CORP posted the faster year-over-year revenue change (2.8% vs 2.7%). MARCUS CORP produced more free cash flow last quarter ($26.4M 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...

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

BBW vs MCS — Head-to-Head

Bigger by revenue
MCS
MCS
1.6× larger
MCS
$193.5M
$122.7M
BBW
Growing faster (revenue YoY)
MCS
MCS
+0.0% gap
MCS
2.8%
2.7%
BBW
More free cash flow
MCS
MCS
$24.7M more FCF
MCS
$26.4M
$1.7M
BBW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BBW
BBW
MCS
MCS
Revenue
$122.7M
$193.5M
Net Profit
$8.1M
Gross Margin
53.7%
Operating Margin
8.7%
0.9%
Net Margin
6.6%
Revenue YoY
2.7%
2.8%
Net Profit YoY
-17.7%
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
MCS
MCS
Q4 25
$122.7M
$193.5M
Q3 25
$124.2M
$210.2M
Q2 25
$128.4M
$206.0M
Q1 25
$150.4M
$148.8M
Q4 24
$188.3M
Q3 24
$232.7M
Q2 24
$176.0M
Q1 24
$138.5M
Net Profit
BBW
BBW
MCS
MCS
Q4 25
$8.1M
Q3 25
$12.4M
$16.2M
Q2 25
$15.3M
$7.3M
Q1 25
$21.7M
$-16.8M
Q4 24
$986.0K
Q3 24
$23.3M
Q2 24
$-20.2M
Q1 24
$-11.9M
Gross Margin
BBW
BBW
MCS
MCS
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
MCS
MCS
Q4 25
8.7%
0.9%
Q3 25
12.3%
10.8%
Q2 25
15.3%
6.3%
Q1 25
18.3%
-13.7%
Q4 24
-1.2%
Q3 24
14.1%
Q2 24
1.3%
Q1 24
-12.0%
Net Margin
BBW
BBW
MCS
MCS
Q4 25
6.6%
Q3 25
10.0%
7.7%
Q2 25
11.9%
3.6%
Q1 25
14.4%
-11.3%
Q4 24
0.5%
Q3 24
10.0%
Q2 24
-11.5%
Q1 24
-8.6%
EPS (diluted)
BBW
BBW
MCS
MCS
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
MCS
MCS
Cash + ST InvestmentsLiquidity on hand
$27.7M
$23.4M
Total DebtLower is stronger
$159.0M
Stockholders' EquityBook value
$150.6M
$457.4M
Total Assets
$326.5M
$1.0B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBW
BBW
MCS
MCS
Q4 25
$27.7M
$23.4M
Q3 25
$39.1M
$7.4M
Q2 25
$44.3M
$14.9M
Q1 25
$27.8M
$11.9M
Q4 24
$40.8M
Q3 24
$28.4M
Q2 24
$32.8M
Q1 24
$17.3M
Total Debt
BBW
BBW
MCS
MCS
Q4 25
$159.0M
Q3 25
$162.0M
Q2 25
$179.9M
Q1 25
$198.9M
Q4 24
$159.1M
Q3 24
$173.1M
Q2 24
$175.7M
Q1 24
$169.8M
Stockholders' Equity
BBW
BBW
MCS
MCS
Q4 25
$150.6M
$457.4M
Q3 25
$155.4M
$454.3M
Q2 25
$148.7M
$448.4M
Q1 25
$139.1M
$441.8M
Q4 24
$464.9M
Q3 24
$462.3M
Q2 24
$449.4M
Q1 24
$459.3M
Total Assets
BBW
BBW
MCS
MCS
Q4 25
$326.5M
$1.0B
Q3 25
$318.2M
$1.0B
Q2 25
$308.3M
$1.0B
Q1 25
$290.0M
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.1B
Q1 24
$1.0B
Debt / Equity
BBW
BBW
MCS
MCS
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.40×
Q1 25
0.45×
Q4 24
0.34×
Q3 24
0.37×
Q2 24
0.39×
Q1 24
0.37×

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
MCS
MCS
Operating Cash FlowLast quarter
$8.2M
$48.8M
Free Cash FlowOCF − Capex
$1.7M
$26.4M
FCF MarginFCF / Revenue
1.4%
13.6%
Capex IntensityCapex / Revenue
5.3%
11.6%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$37.2M
$989.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBW
BBW
MCS
MCS
Q4 25
$8.2M
$48.8M
Q3 25
$4.2M
$39.1M
Q2 25
$27.8M
$31.6M
Q1 25
$19.5M
$-35.3M
Q4 24
$52.6M
Q3 24
$30.5M
Q2 24
$36.0M
Q1 24
$-15.1M
Free Cash Flow
BBW
BBW
MCS
MCS
Q4 25
$1.7M
$26.4M
Q3 25
$793.0K
$18.2M
Q2 25
$24.9M
$14.7M
Q1 25
$9.8M
$-58.3M
Q4 24
$27.1M
Q3 24
$12.0M
Q2 24
$16.1M
Q1 24
$-30.5M
FCF Margin
BBW
BBW
MCS
MCS
Q4 25
1.4%
13.6%
Q3 25
0.6%
8.7%
Q2 25
19.4%
7.1%
Q1 25
6.5%
-39.2%
Q4 24
14.4%
Q3 24
5.2%
Q2 24
9.2%
Q1 24
-22.0%
Capex Intensity
BBW
BBW
MCS
MCS
Q4 25
5.3%
11.6%
Q3 25
2.8%
9.9%
Q2 25
2.3%
8.2%
Q1 25
6.5%
15.5%
Q4 24
13.5%
Q3 24
7.9%
Q2 24
11.3%
Q1 24
11.1%
Cash Conversion
BBW
BBW
MCS
MCS
Q4 25
1.01×
Q3 25
0.34×
2.41×
Q2 25
1.81×
4.32×
Q1 25
0.90×
Q4 24
53.31×
Q3 24
1.31×
Q2 24
Q1 24

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%

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

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