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Side-by-side financial comparison of MARINEMAX INC (HZO) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $527.4M, roughly 1.4× MARINEMAX INC).
MarineMax Inc. is a leading recreational boat and yacht retailer primarily operating in the United States. It offers new and pre-owned leisure vessels, alongside related services including maintenance, repair, financing, insurance coverage, yacht chartering, and boating lifestyle events, catering to private boating enthusiasts across North America.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
HZO vs VFS — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $527.4M | $718.6M |
| Net Profit | — | $-20.0M |
| Gross Margin | 34.4% | — |
| Operating Margin | 2.1% | -96.1% |
| Net Margin | — | -2.8% |
| Revenue YoY | -16.5% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.14 | — |
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.
| Q1 26 | $527.4M | — | ||
| Q4 25 | $505.2M | — | ||
| Q3 25 | $552.2M | $718.6M | ||
| Q2 25 | $657.2M | $663.0M | ||
| Q1 25 | $631.5M | $656.5M | ||
| Q4 24 | $468.5M | — | ||
| Q3 24 | $563.1M | $511.6M | ||
| Q2 24 | $757.7M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-7.9M | — | ||
| Q3 25 | $-851.0K | $-20.0M | ||
| Q2 25 | $-52.1M | $-51.8M | ||
| Q1 25 | $3.3M | $-26.1M | ||
| Q4 24 | $18.1M | — | ||
| Q3 24 | $4.0M | $-10.4M | ||
| Q2 24 | $31.6M | — |
| Q1 26 | 34.4% | — | ||
| Q4 25 | 31.8% | — | ||
| Q3 25 | 34.7% | — | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 30.0% | — | ||
| Q4 24 | 36.2% | — | ||
| Q3 24 | 34.3% | — | ||
| Q2 24 | 32.0% | — |
| Q1 26 | 2.1% | — | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | 2.5% | -96.1% | ||
| Q2 25 | -6.3% | -79.0% | ||
| Q1 25 | 3.6% | -74.0% | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 4.8% | -65.9% | ||
| Q2 24 | 8.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.6% | — | ||
| Q3 25 | -0.2% | -2.8% | ||
| Q2 25 | -7.9% | -7.8% | ||
| Q1 25 | 0.5% | -4.0% | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 0.7% | -2.0% | ||
| Q2 24 | 4.2% | — |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $-0.36 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $-2.42 | — | ||
| Q1 25 | $0.14 | — | ||
| Q4 24 | $0.77 | — | ||
| Q3 24 | $0.17 | — | ||
| Q2 24 | $1.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $189.1M | $8.8M |
| Total DebtLower is stronger | $338.7M | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | $2.4B | $183.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $189.1M | — | ||
| Q4 25 | $164.6M | — | ||
| Q3 25 | $170.4M | $8.8M | ||
| Q2 25 | $151.0M | $650.0M | ||
| Q1 25 | $203.5M | $2.4M | ||
| Q4 24 | $145.0M | — | ||
| Q3 24 | $224.3M | $1.9M | ||
| Q2 24 | $242.4M | — |
| Q1 26 | $338.7M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $393.2M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $391.2M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $932.8M | — | ||
| Q3 25 | $937.2M | — | ||
| Q2 25 | $940.5M | $-7.2B | ||
| Q1 25 | $993.4M | — | ||
| Q4 24 | $993.5M | — | ||
| Q3 24 | $975.8M | — | ||
| Q2 24 | $967.6M | — |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.5B | $183.2M | ||
| Q2 25 | $2.5B | $7.2B | ||
| Q1 25 | $2.7B | $158.2M | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | $151.8M | ||
| Q2 24 | $2.6B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HZO
| Retail Operations | $525.3M | 100% |
| Product Manufacturing | $23.7M | 4% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
