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Side-by-side financial comparison of HARROW, INC. (HROW) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
HARROW, INC. is the larger business by last-quarter revenue ($89.1M vs $64.6M, roughly 1.4× MARINE PRODUCTS CORP). HARROW, INC. runs the higher net margin — 7.4% vs 3.7%, a 3.8% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 33.3%). HARROW, INC. produced more free cash flow last quarter ($8.1M vs $4.1M). Over the past eight quarters, HARROW, INC.'s revenue compounded faster (60.5% CAGR vs -3.5%).
Harrow Health, Inc., formerly known as Imprimis Pharmaceuticals, is a publicly traded pharmaceutical company based in Nashville, Tennessee.
West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.
HROW vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $89.1M | $64.6M |
| Net Profit | $6.6M | $2.4M |
| Gross Margin | 79.3% | 19.6% |
| Operating Margin | 17.5% | 5.8% |
| Net Margin | 7.4% | 3.7% |
| Revenue YoY | 33.3% | 35.0% |
| Net Profit YoY | -2.2% | -44.6% |
| EPS (diluted) | $0.20 | $0.07 |
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.
| Q4 25 | $89.1M | $64.6M | ||
| Q3 25 | $71.6M | $53.1M | ||
| Q2 25 | $63.7M | $67.7M | ||
| Q1 25 | $47.8M | $59.0M | ||
| Q4 24 | $66.8M | $47.8M | ||
| Q3 24 | $49.3M | $49.9M | ||
| Q2 24 | $48.9M | $69.5M | ||
| Q1 24 | $34.6M | $69.3M |
| Q4 25 | $6.6M | $2.4M | ||
| Q3 25 | $1.0M | $2.6M | ||
| Q2 25 | $5.0M | $4.2M | ||
| Q1 25 | $-17.8M | $2.2M | ||
| Q4 24 | $6.8M | $4.3M | ||
| Q3 24 | $-4.2M | $3.4M | ||
| Q2 24 | $-6.5M | $5.6M | ||
| Q1 24 | $-13.6M | $4.6M |
| Q4 25 | 79.3% | 19.6% | ||
| Q3 25 | 75.3% | 19.2% | ||
| Q2 25 | 74.5% | 19.1% | ||
| Q1 25 | 67.5% | 18.6% | ||
| Q4 24 | 78.8% | 19.2% | ||
| Q3 24 | 75.6% | 18.4% | ||
| Q2 24 | 74.4% | 18.9% | ||
| Q1 24 | 69.5% | 20.2% |
| Q4 25 | 17.5% | 5.8% | ||
| Q3 25 | 20.6% | 5.4% | ||
| Q2 25 | 17.9% | 7.1% | ||
| Q1 25 | -23.5% | 4.4% | ||
| Q4 24 | 19.3% | 7.7% | ||
| Q3 24 | 2.7% | 7.2% | ||
| Q2 24 | 3.1% | 8.3% | ||
| Q1 24 | -20.0% | 7.6% |
| Q4 25 | 7.4% | 3.7% | ||
| Q3 25 | 1.4% | 5.0% | ||
| Q2 25 | 7.8% | 6.1% | ||
| Q1 25 | -37.2% | 3.7% | ||
| Q4 24 | 10.1% | 8.9% | ||
| Q3 24 | -8.6% | 6.8% | ||
| Q2 24 | -13.2% | 8.0% | ||
| Q1 24 | -39.2% | 6.6% |
| Q4 25 | $0.20 | $0.07 | ||
| Q3 25 | $0.03 | $0.07 | ||
| Q2 25 | $0.13 | $0.12 | ||
| Q1 25 | $-0.50 | $0.06 | ||
| Q4 24 | $0.19 | $0.13 | ||
| Q3 24 | $-0.12 | $0.10 | ||
| Q2 24 | $-0.18 | $0.14 | ||
| Q1 24 | $-0.38 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | — |
| Total DebtLower is stronger | $250.0M | — |
| Stockholders' EquityBook value | $52.4M | $125.0M |
| Total Assets | $399.5M | $147.2M |
| Debt / EquityLower = less leverage | 4.77× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $72.9M | — | ||
| Q3 25 | $74.3M | — | ||
| Q2 25 | $53.0M | — | ||
| Q1 25 | $66.7M | — | ||
| Q4 24 | $47.2M | — | ||
| Q3 24 | $72.6M | — | ||
| Q2 24 | $71.0M | — | ||
| Q1 24 | $76.0M | — |
| Q4 25 | $250.0M | — | ||
| Q3 25 | $347.2M | — | ||
| Q2 25 | $250.6M | — | ||
| Q1 25 | $256.9M | — | ||
| Q4 24 | $262.7M | — | ||
| Q3 24 | $230.7M | — | ||
| Q2 24 | $236.3M | — | ||
| Q1 24 | $243.4M | — |
| Q4 25 | $52.4M | $125.0M | ||
| Q3 25 | $47.0M | $126.3M | ||
| Q2 25 | $49.7M | $127.2M | ||
| Q1 25 | $56.5M | $126.4M | ||
| Q4 24 | $69.7M | $129.0M | ||
| Q3 24 | $58.0M | $128.8M | ||
| Q2 24 | $58.5M | $129.3M | ||
| Q1 24 | $60.6M | $151.4M |
| Q4 25 | $399.5M | $147.2M | ||
| Q3 25 | $363.1M | $179.5M | ||
| Q2 25 | $345.0M | $173.2M | ||
| Q1 25 | $364.2M | $182.9M | ||
| Q4 24 | $389.0M | $171.2M | ||
| Q3 24 | $351.5M | $176.3M | ||
| Q2 24 | $306.6M | $175.7M | ||
| Q1 24 | $295.5M | $204.0M |
| Q4 25 | 4.77× | — | ||
| Q3 25 | 7.39× | — | ||
| Q2 25 | 5.05× | — | ||
| Q1 25 | 4.55× | — | ||
| Q4 24 | 3.77× | — | ||
| Q3 24 | 3.98× | — | ||
| Q2 24 | 4.04× | — | ||
| Q1 24 | 4.02× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.4M | $4.7M |
| Free Cash FlowOCF − Capex | $8.1M | $4.1M |
| FCF MarginFCF / Revenue | 9.1% | 6.4% |
| Capex IntensityCapex / Revenue | 0.4% | 0.9% |
| Cash ConversionOCF / Net Profit | 1.27× | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | $43.0M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.4M | $4.7M | ||
| Q3 25 | $16.6M | $2.6M | ||
| Q2 25 | $-803.0K | $-1.6M | ||
| Q1 25 | $19.7M | $10.8M | ||
| Q4 24 | $-17.8M | $4.6M | ||
| Q3 24 | $3.0M | $5.1M | ||
| Q2 24 | $-2.7M | $3.8M | ||
| Q1 24 | $-4.6M | $15.9M |
| Q4 25 | $8.1M | $4.1M | ||
| Q3 25 | $16.4M | $2.1M | ||
| Q2 25 | $-969.0K | $-2.0M | ||
| Q1 25 | $19.5M | $10.7M | ||
| Q4 24 | $-18.3M | $3.6M | ||
| Q3 24 | $2.3M | $3.2M | ||
| Q2 24 | $-3.1M | $3.0M | ||
| Q1 24 | $-4.7M | $15.0M |
| Q4 25 | 9.1% | 6.4% | ||
| Q3 25 | 22.9% | 4.0% | ||
| Q2 25 | -1.5% | -3.0% | ||
| Q1 25 | 40.8% | 18.1% | ||
| Q4 24 | -27.4% | 7.6% | ||
| Q3 24 | 4.8% | 6.5% | ||
| Q2 24 | -6.3% | 4.4% | ||
| Q1 24 | -13.6% | 21.7% |
| Q4 25 | 0.4% | 0.9% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | 0.3% | 0.6% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.8% | 2.1% | ||
| Q3 24 | 1.2% | 3.8% | ||
| Q2 24 | 0.7% | 1.1% | ||
| Q1 24 | 0.3% | 1.3% |
| Q4 25 | 1.27× | 2.00× | ||
| Q3 25 | 16.26× | 0.97× | ||
| Q2 25 | -0.16× | -0.39× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | -2.62× | 1.09× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HROW
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
