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Side-by-side financial comparison of BGSF, INC. (BGSF) and Playboy, Inc. (PLBY). Click either name above to swap in a different company.

Playboy, Inc. is the larger business by last-quarter revenue ($34.9M vs $22.0M, roughly 1.6× BGSF, INC.). Playboy, Inc. runs the higher net margin — 10.3% vs -5.3%, a 15.5% gap on every dollar of revenue. On growth, Playboy, Inc. posted the faster year-over-year revenue change (4.2% vs -9.4%). BGSF, INC. produced more free cash flow last quarter ($1.7M vs $1.1M). Over the past eight quarters, Playboy, Inc.'s revenue compounded faster (11.0% CAGR vs -5.3%).

BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.

Playboy is an American men's lifestyle and entertainment magazine, available both online and in print. It was founded in Chicago in 1953 by Hugh Hefner and his associates, funded in part by a $1,000 loan from Hefner's mother.

BGSF vs PLBY — Head-to-Head

Bigger by revenue
PLBY
PLBY
1.6× larger
PLBY
$34.9M
$22.0M
BGSF
Growing faster (revenue YoY)
PLBY
PLBY
+13.6% gap
PLBY
4.2%
-9.4%
BGSF
Higher net margin
PLBY
PLBY
15.5% more per $
PLBY
10.3%
-5.3%
BGSF
More free cash flow
BGSF
BGSF
$552.0K more FCF
BGSF
$1.7M
$1.1M
PLBY
Faster 2-yr revenue CAGR
PLBY
PLBY
Annualised
PLBY
11.0%
-5.3%
BGSF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGSF
BGSF
PLBY
PLBY
Revenue
$22.0M
$34.9M
Net Profit
$-1.2M
$3.6M
Gross Margin
35.0%
73.3%
Operating Margin
-17.6%
7.9%
Net Margin
-5.3%
10.3%
Revenue YoY
-9.4%
4.2%
Net Profit YoY
-18.2%
128.6%
EPS (diluted)
$-0.12
$0.05

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
BGSF
BGSF
PLBY
PLBY
Q4 25
$22.0M
$34.9M
Q3 25
$26.9M
$29.0M
Q2 25
$23.5M
$28.1M
Q1 25
$20.9M
$28.9M
Q4 24
$24.3M
$33.5M
Q3 24
$29.8M
$29.4M
Q2 24
$25.7M
$24.9M
Q1 24
$24.5M
$28.3M
Net Profit
BGSF
BGSF
PLBY
PLBY
Q4 25
$-1.2M
$3.6M
Q3 25
$-5.8M
$460.0K
Q2 25
$-3.7M
$-7.7M
Q1 25
$-722.0K
$-9.0M
Q4 24
$-981.0K
$-12.5M
Q3 24
$-804.0K
$-33.8M
Q2 24
$-761.0K
$-16.7M
Q1 24
$-792.0K
$-16.4M
Gross Margin
BGSF
BGSF
PLBY
PLBY
Q4 25
35.0%
73.3%
Q3 25
35.9%
76.0%
Q2 25
35.8%
65.4%
Q1 25
36.2%
68.6%
Q4 24
35.9%
70.8%
Q3 24
35.9%
61.0%
Q2 24
37.3%
67.8%
Q1 24
38.1%
55.8%
Operating Margin
BGSF
BGSF
PLBY
PLBY
Q4 25
-17.6%
7.9%
Q3 25
-3.5%
4.7%
Q2 25
-18.8%
-20.9%
Q1 25
1.6%
-21.7%
Q4 24
-15.7%
-13.3%
Q3 24
-3.4%
-96.0%
Q2 24
-5.7%
-37.0%
Q1 24
1.7%
-31.5%
Net Margin
BGSF
BGSF
PLBY
PLBY
Q4 25
-5.3%
10.3%
Q3 25
-21.6%
1.6%
Q2 25
-15.9%
-27.3%
Q1 25
-3.5%
-31.3%
Q4 24
-4.0%
-37.4%
Q3 24
-2.7%
-114.7%
Q2 24
-3.0%
-66.9%
Q1 24
-3.2%
-58.1%
EPS (diluted)
BGSF
BGSF
PLBY
PLBY
Q4 25
$-0.12
$0.05
Q3 25
$-0.52
$0.00
Q2 25
$-0.34
$-0.08
Q1 25
$-0.06
$-0.10
Q4 24
$-0.13
Q3 24
$-0.07
$-0.45
Q2 24
$-0.07
$-0.23
Q1 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
BGSF
BGSF
PLBY
PLBY
Cash + ST InvestmentsLiquidity on hand
$37.8M
Total DebtLower is stronger
$174.2M
Stockholders' EquityBook value
$48.1M
$18.4M
Total Assets
$57.8M
$292.4M
Debt / EquityLower = less leverage
9.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
PLBY
PLBY
Q4 25
$37.8M
Q3 25
$41.2M
$27.5M
Q2 25
$2.8M
$19.6M
Q1 25
$2.0M
$23.7M
Q4 24
$32.0K
$30.9M
Q3 24
$262
$9.5M
Q2 24
$226
$16.9M
Q1 24
$50
$19.0M
Total Debt
BGSF
BGSF
PLBY
PLBY
Q4 25
$174.2M
Q3 25
$176.8M
Q2 25
$177.5M
Q1 25
$176.3M
Q4 24
$176.6M
Q3 24
$200.0M
Q2 24
$196.3M
Q1 24
$193.4M
Stockholders' Equity
BGSF
BGSF
PLBY
PLBY
Q4 25
$48.1M
$18.4M
Q3 25
$50.7M
$3.8M
Q2 25
$78.3M
$-17.5M
Q1 25
$81.8M
$-11.4M
Q4 24
$82.3M
$-7.7M
Q3 24
$82.9M
$-15.7M
Q2 24
$83.2M
$15.7M
Q1 24
$83.6M
$29.5M
Total Assets
BGSF
BGSF
PLBY
PLBY
Q4 25
$57.8M
$292.4M
Q3 25
$83.6M
$278.3M
Q2 25
$149.7M
$264.1M
Q1 25
$152.3M
$270.6M
Q4 24
$150.1M
$284.7M
Q3 24
$157.3K
$271.5M
Q2 24
$159.8K
$301.8M
Q1 24
$170.6K
$309.1M
Debt / Equity
BGSF
BGSF
PLBY
PLBY
Q4 25
9.48×
Q3 25
46.86×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
12.51×
Q1 24
6.54×

Cash Flow & Capital Efficiency

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

Metric
BGSF
BGSF
PLBY
PLBY
Operating Cash FlowLast quarter
$1.7M
$1.4M
Free Cash FlowOCF − Capex
$1.7M
$1.1M
FCF MarginFCF / Revenue
7.6%
3.2%
Capex IntensityCapex / Revenue
0.1%
0.8%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters
$-16.0K
$-1.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
PLBY
PLBY
Q4 25
$1.7M
$1.4M
Q3 25
$-4.8M
$10.1M
Q2 25
$2.2M
$-3.9M
Q1 25
$1.1M
$-7.6M
Q4 24
$3.2M
$161.0K
Q3 24
$6.5M
$-6.5M
Q2 24
$7.3M
$-3.0M
Q1 24
$7.4M
$-9.8M
Free Cash Flow
BGSF
BGSF
PLBY
PLBY
Q4 25
$1.7M
$1.1M
Q3 25
$-4.9M
$9.8M
Q2 25
$2.1M
$-4.3M
Q1 25
$1.0M
$-7.7M
Q4 24
$2.5M
$-401.0K
Q3 24
$6.5M
$-7.0M
Q2 24
$7.3M
$-3.7M
Q1 24
$6.9M
$-10.3M
FCF Margin
BGSF
BGSF
PLBY
PLBY
Q4 25
7.6%
3.2%
Q3 25
-18.1%
33.8%
Q2 25
9.1%
-15.2%
Q1 25
5.0%
-26.5%
Q4 24
10.2%
-1.2%
Q3 24
21.7%
-23.7%
Q2 24
28.5%
-14.8%
Q1 24
28.1%
-36.5%
Capex Intensity
BGSF
BGSF
PLBY
PLBY
Q4 25
0.1%
0.8%
Q3 25
0.4%
1.1%
Q2 25
0.0%
1.4%
Q1 25
0.1%
0.1%
Q4 24
3.0%
1.7%
Q3 24
0.0%
1.5%
Q2 24
0.0%
2.6%
Q1 24
2.0%
2.1%
Cash Conversion
BGSF
BGSF
PLBY
PLBY
Q4 25
0.39×
Q3 25
22.02×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

PLBY
PLBY

Transferred At Point In Time$22.2M64%
Trademark Licensing$6.5M19%
Related Party$5.0M14%
Other$1.1M3%

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