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Side-by-side financial comparison of KURA SUSHI USA, INC. (KRUS) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $73.5M, roughly 1.6× KURA SUSHI USA, INC.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -4.2%, a 11.0% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 14.0%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $-13.3M). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs 13.2%).

Kura Sushi, Inc. is a Japanese conveyor belt sushi restaurant chain. It is the second largest sushi restaurant chain in Japan, behind Sushiro and ahead of Hama Sushi. Its headquarters are in Sakai, Osaka Prefecture. It has 543 locations in Japan, 56 in Taiwan, and 69 in the United States.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

KRUS vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.6× larger
TPB
$121.0M
$73.5M
KRUS
Growing faster (revenue YoY)
TPB
TPB
+15.2% gap
TPB
29.2%
14.0%
KRUS
Higher net margin
TPB
TPB
11.0% more per $
TPB
6.8%
-4.2%
KRUS
More free cash flow
TPB
TPB
$34.8M more FCF
TPB
$21.5M
$-13.3M
KRUS
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
13.2%
KRUS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KRUS
KRUS
TPB
TPB
Revenue
$73.5M
$121.0M
Net Profit
$-3.1M
$8.2M
Gross Margin
55.9%
Operating Margin
-5.0%
16.5%
Net Margin
-4.2%
6.8%
Revenue YoY
14.0%
29.2%
Net Profit YoY
-218.4%
239.8%
EPS (diluted)
$-0.25
$0.40

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
KRUS
KRUS
TPB
TPB
Q4 25
$73.5M
$121.0M
Q3 25
$79.4M
$119.0M
Q2 25
$74.0M
$116.6M
Q1 25
$64.9M
$106.4M
Q4 24
$64.5M
$93.7M
Q3 24
$66.0M
$90.7M
Q2 24
$63.1M
$93.2M
Q1 24
$57.3M
$83.1M
Net Profit
KRUS
KRUS
TPB
TPB
Q4 25
$-3.1M
$8.2M
Q3 25
$2.3M
$21.1M
Q2 25
$565.0K
$14.5M
Q1 25
$-3.8M
$14.4M
Q4 24
$-961.0K
$2.4M
Q3 24
$-5.2M
$12.4M
Q2 24
$-558.0K
$13.0M
Q1 24
$-998.0K
$12.0M
Gross Margin
KRUS
KRUS
TPB
TPB
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Q1 24
58.2%
Operating Margin
KRUS
KRUS
TPB
TPB
Q4 25
-5.0%
16.5%
Q3 25
1.8%
21.8%
Q2 25
-0.2%
22.6%
Q1 25
-7.1%
21.8%
Q4 24
-2.3%
19.1%
Q3 24
-8.8%
22.9%
Q2 24
-1.9%
24.5%
Q1 24
-2.9%
23.2%
Net Margin
KRUS
KRUS
TPB
TPB
Q4 25
-4.2%
6.8%
Q3 25
2.9%
17.7%
Q2 25
0.8%
12.4%
Q1 25
-5.8%
13.5%
Q4 24
-1.5%
2.6%
Q3 24
-7.9%
13.6%
Q2 24
-0.9%
14.0%
Q1 24
-1.7%
14.5%
EPS (diluted)
KRUS
KRUS
TPB
TPB
Q4 25
$-0.25
$0.40
Q3 25
$0.18
$1.13
Q2 25
$0.05
$0.79
Q1 25
$-0.31
$0.79
Q4 24
$-0.08
$0.15
Q3 24
$-0.47
$0.68
Q2 24
$-0.05
$0.68
Q1 24
$-0.09
$0.63

Balance Sheet & Financial Strength

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

Metric
KRUS
KRUS
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$50.7M
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$229.2M
$372.0M
Total Assets
$443.5M
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRUS
KRUS
TPB
TPB
Q4 25
$50.7M
$222.8M
Q3 25
$62.5M
$201.2M
Q2 25
$60.5M
$109.9M
Q1 25
$85.2M
$99.6M
Q4 24
$107.7M
$48.9M
Q3 24
$51.0M
$33.6M
Q2 24
$60.7M
$142.2M
Q1 24
$62.8M
$130.9M
Stockholders' Equity
KRUS
KRUS
TPB
TPB
Q4 25
$229.2M
$372.0M
Q3 25
$231.1M
$358.2M
Q2 25
$227.0M
$224.8M
Q1 25
$225.0M
$203.4M
Q4 24
$227.6M
$190.4M
Q3 24
$162.5M
$185.7M
Q2 24
$166.4M
$172.8M
Q1 24
$165.3M
$160.0M
Total Assets
KRUS
KRUS
TPB
TPB
Q4 25
$443.5M
$763.8M
Q3 25
$430.9M
$742.8M
Q2 25
$419.4M
$595.8M
Q1 25
$410.4M
$564.6M
Q4 24
$403.8M
$493.4M
Q3 24
$328.5M
$488.0M
Q2 24
$324.7M
$591.6M
Q1 24
$315.5M
$586.3M

Cash Flow & Capital Efficiency

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

Metric
KRUS
KRUS
TPB
TPB
Operating Cash FlowLast quarter
$529.0K
$24.9M
Free Cash FlowOCF − Capex
$-13.3M
$21.5M
FCF MarginFCF / Revenue
-18.1%
17.8%
Capex IntensityCapex / Revenue
18.8%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$-27.5M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRUS
KRUS
TPB
TPB
Q4 25
$529.0K
$24.9M
Q3 25
$9.4M
$3.3M
Q2 25
$6.7M
$11.8M
Q1 25
$4.3M
$17.4M
Q4 24
$4.4M
$17.7M
Q3 24
$669.0K
$13.2M
Q2 24
$8.7M
$13.4M
Q1 24
$3.8M
$22.6M
Free Cash Flow
KRUS
KRUS
TPB
TPB
Q4 25
$-13.3M
$21.5M
Q3 25
$-79.0K
$-721.0K
Q2 25
$-6.9M
$7.8M
Q1 25
$-7.3M
$15.2M
Q4 24
$-7.2M
$16.6M
Q3 24
$-9.6M
$12.6M
Q2 24
$-2.4M
$10.9M
Q1 24
$-9.7M
$22.3M
FCF Margin
KRUS
KRUS
TPB
TPB
Q4 25
-18.1%
17.8%
Q3 25
-0.1%
-0.6%
Q2 25
-9.3%
6.7%
Q1 25
-11.2%
14.3%
Q4 24
-11.2%
17.8%
Q3 24
-14.6%
13.9%
Q2 24
-3.8%
11.7%
Q1 24
-16.9%
26.8%
Capex Intensity
KRUS
KRUS
TPB
TPB
Q4 25
18.8%
2.8%
Q3 25
11.9%
3.4%
Q2 25
18.4%
3.4%
Q1 25
17.8%
2.1%
Q4 24
17.9%
1.2%
Q3 24
15.6%
0.7%
Q2 24
17.6%
2.7%
Q1 24
23.5%
0.4%
Cash Conversion
KRUS
KRUS
TPB
TPB
Q4 25
3.03×
Q3 25
4.12×
0.16×
Q2 25
11.88×
0.82×
Q1 25
1.21×
Q4 24
7.34×
Q3 24
1.07×
Q2 24
1.03×
Q1 24
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRUS
KRUS

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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