vs

Side-by-side financial comparison of FutureFuel Corp. (FF) and WINMARK CORP (WINA). Click either name above to swap in a different company.

WINMARK CORP is the larger business by last-quarter revenue ($21.1M vs $19.8M, roughly 1.1× FutureFuel Corp.). WINMARK CORP runs the higher net margin — 47.2% vs -60.5%, a 107.8% gap on every dollar of revenue. On growth, WINMARK CORP posted the faster year-over-year revenue change (7.9% vs -67.7%). WINMARK CORP produced more free cash flow last quarter ($8.5M vs $-29.9M). Over the past eight quarters, WINMARK CORP's revenue compounded faster (2.4% CAGR vs -41.7%).

FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

FF vs WINA — Head-to-Head

Bigger by revenue
WINA
WINA
1.1× larger
WINA
$21.1M
$19.8M
FF
Growing faster (revenue YoY)
WINA
WINA
+75.6% gap
WINA
7.9%
-67.7%
FF
Higher net margin
WINA
WINA
107.8% more per $
WINA
47.2%
-60.5%
FF
More free cash flow
WINA
WINA
$38.4M more FCF
WINA
$8.5M
$-29.9M
FF
Faster 2-yr revenue CAGR
WINA
WINA
Annualised
WINA
2.4%
-41.7%
FF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FF
FF
WINA
WINA
Revenue
$19.8M
$21.1M
Net Profit
$-12.0M
$10.0M
Gross Margin
-46.7%
Operating Margin
-62.9%
61.7%
Net Margin
-60.5%
47.2%
Revenue YoY
-67.7%
7.9%
Net Profit YoY
-529.4%
3.9%
EPS (diluted)
$-0.28
$2.68

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
FF
FF
WINA
WINA
Q4 25
$19.8M
$21.1M
Q3 25
$22.7M
$22.6M
Q2 25
$35.7M
$20.4M
Q1 25
$17.5M
$21.9M
Q4 24
$61.5M
$19.5M
Q3 24
$51.1M
$21.5M
Q2 24
$72.4M
$20.1M
Q1 24
$58.3M
$20.1M
Net Profit
FF
FF
WINA
WINA
Q4 25
$-12.0M
$10.0M
Q3 25
$-9.3M
$11.1M
Q2 25
$-10.4M
$10.6M
Q1 25
$-17.6M
$10.0M
Q4 24
$2.8M
$9.6M
Q3 24
$-1.2M
$11.1M
Q2 24
$9.6M
$10.4M
Q1 24
$4.3M
$8.8M
Gross Margin
FF
FF
WINA
WINA
Q4 25
-46.7%
Q3 25
-30.1%
Q2 25
-24.6%
Q1 25
-83.0%
Q4 24
9.1%
Q3 24
0.7%
Q2 24
12.0%
Q1 24
8.6%
Operating Margin
FF
FF
WINA
WINA
Q4 25
-62.9%
61.7%
Q3 25
-42.9%
65.9%
Q2 25
-33.4%
64.0%
Q1 25
-107.4%
62.0%
Q4 24
2.6%
65.3%
Q3 24
-5.6%
69.4%
Q2 24
7.5%
64.7%
Q1 24
3.8%
60.8%
Net Margin
FF
FF
WINA
WINA
Q4 25
-60.5%
47.2%
Q3 25
-41.1%
49.2%
Q2 25
-29.2%
51.9%
Q1 25
-100.6%
45.4%
Q4 24
4.5%
49.0%
Q3 24
-2.3%
51.7%
Q2 24
13.2%
51.8%
Q1 24
7.4%
43.9%
EPS (diluted)
FF
FF
WINA
WINA
Q4 25
$-0.28
$2.68
Q3 25
$-0.21
$3.02
Q2 25
$-0.24
$2.89
Q1 25
$-0.40
$2.71
Q4 24
$0.06
$2.60
Q3 24
$-0.03
$3.03
Q2 24
$0.22
$2.85
Q1 24
$0.10
$2.41

Balance Sheet & Financial Strength

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

Metric
FF
FF
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$51.3M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$154.7M
$-53.7M
Total Assets
$192.2M
$24.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FF
FF
WINA
WINA
Q4 25
$51.3M
$10.3M
Q3 25
$85.6M
$39.7M
Q2 25
$95.2M
$28.8M
Q1 25
$97.1M
$21.8M
Q4 24
$109.5M
$12.2M
Q3 24
$133.4M
$37.2M
Q2 24
$115.1M
$29.4M
Q1 24
$201.1M
$22.9M
Stockholders' Equity
FF
FF
WINA
WINA
Q4 25
$154.7M
$-53.7M
Q3 25
$169.1M
$-26.3M
Q2 25
$178.2M
$-36.8M
Q1 25
$188.4M
$-45.9M
Q4 24
$205.8M
$-51.0M
Q3 24
$213.3M
$-33.7M
Q2 24
$214.4M
$-42.2M
Q1 24
$204.8M
$-52.6M
Total Assets
FF
FF
WINA
WINA
Q4 25
$192.2M
$24.9M
Q3 25
$203.5M
$53.7M
Q2 25
$218.2M
$43.2M
Q1 25
$227.7M
$37.1M
Q4 24
$247.7M
$26.8M
Q3 24
$256.5M
$52.0M
Q2 24
$261.2M
$44.7M
Q1 24
$365.4M
$38.3M

Cash Flow & Capital Efficiency

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

Metric
FF
FF
WINA
WINA
Operating Cash FlowLast quarter
$-27.4M
$8.5M
Free Cash FlowOCF − Capex
$-29.9M
$8.5M
FCF MarginFCF / Revenue
-150.5%
40.3%
Capex IntensityCapex / Revenue
12.2%
0.1%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$-46.0M
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FF
FF
WINA
WINA
Q4 25
$-27.4M
$8.5M
Q3 25
$-1.1M
$12.3M
Q2 25
$5.2M
$9.0M
Q1 25
$-5.4M
$15.1M
Q4 24
$-16.6M
$8.5M
Q3 24
$25.8M
$12.1M
Q2 24
$27.8M
$8.2M
Q1 24
$-12.2M
$13.4M
Free Cash Flow
FF
FF
WINA
WINA
Q4 25
$-29.9M
$8.5M
Q3 25
$-6.5M
$12.2M
Q2 25
$-263.0K
$9.0M
Q1 25
$-9.4M
$15.0M
Q4 24
$-20.7M
Q3 24
$20.5M
$12.1M
Q2 24
$24.8M
$8.1M
Q1 24
$-14.5M
$13.3M
FCF Margin
FF
FF
WINA
WINA
Q4 25
-150.5%
40.3%
Q3 25
-28.5%
53.8%
Q2 25
-0.7%
44.0%
Q1 25
-53.6%
68.6%
Q4 24
-33.6%
Q3 24
40.1%
56.3%
Q2 24
34.3%
40.4%
Q1 24
-24.9%
66.0%
Capex Intensity
FF
FF
WINA
WINA
Q4 25
12.2%
0.1%
Q3 25
23.5%
0.3%
Q2 25
15.3%
0.3%
Q1 25
22.8%
0.2%
Q4 24
6.6%
0.0%
Q3 24
10.4%
0.0%
Q2 24
4.1%
0.5%
Q1 24
3.9%
0.4%
Cash Conversion
FF
FF
WINA
WINA
Q4 25
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
-5.94×
0.88×
Q3 24
1.09×
Q2 24
2.90×
0.79×
Q1 24
-2.82×
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FF
FF

Chemicals$18.0M91%
Biofuels$1.8M9%

WINA
WINA

Segment breakdown not available.

Related Comparisons