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Side-by-side financial comparison of MALIBU BOATS, INC. (MBUU) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.

PRA GROUP INC is the larger business by last-quarter revenue ($333.4M vs $188.6M, roughly 1.8× MALIBU BOATS, INC.). PRA GROUP INC runs the higher net margin — 17.0% vs -1.3%, a 18.3% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -5.8%). MALIBU BOATS, INC. produced more free cash flow last quarter ($8.2M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs -3.7%).

Malibu Boats is an American manufacturer of recreational boats, founded in Merced, California in 1982, and currently headquartered in Loudon, Tennessee with additional production facilities in New South Wales, Australia. Malibu is "the world's largest manufacturer of watersports towboats", used both recreationally and in water skiing and wakeboarding events.

PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

MBUU vs PRAA — Head-to-Head

Bigger by revenue
PRAA
PRAA
1.8× larger
PRAA
$333.4M
$188.6M
MBUU
Growing faster (revenue YoY)
PRAA
PRAA
+19.5% gap
PRAA
13.7%
-5.8%
MBUU
Higher net margin
PRAA
PRAA
18.3% more per $
PRAA
17.0%
-1.3%
MBUU
More free cash flow
MBUU
MBUU
$98.6M more FCF
MBUU
$8.2M
$-90.4M
PRAA
Faster 2-yr revenue CAGR
PRAA
PRAA
Annualised
PRAA
14.2%
-3.7%
MBUU

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MBUU
MBUU
PRAA
PRAA
Revenue
$188.6M
$333.4M
Net Profit
$-2.5M
$56.5M
Gross Margin
13.3%
Operating Margin
-1.9%
37.7%
Net Margin
-1.3%
17.0%
Revenue YoY
-5.8%
13.7%
Net Profit YoY
-204.2%
206.3%
EPS (diluted)
$-0.13
$1.47

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
MBUU
MBUU
PRAA
PRAA
Q4 25
$188.6M
$333.4M
Q3 25
$194.7M
$311.1M
Q2 25
$207.0M
$287.7M
Q1 25
$228.7M
$269.6M
Q4 24
$200.3M
$293.2M
Q3 24
$171.6M
$281.5M
Q2 24
$158.7M
$284.2M
Q1 24
$203.4M
$255.6M
Net Profit
MBUU
MBUU
PRAA
PRAA
Q4 25
$-2.5M
$56.5M
Q3 25
$-702.0K
$-407.7M
Q2 25
$4.7M
$42.4M
Q1 25
$12.9M
$3.7M
Q4 24
$2.4M
$18.5M
Q3 24
$-5.0M
$27.2M
Q2 24
$-19.2M
$21.5M
Q1 24
$-66.8M
$3.5M
Gross Margin
MBUU
MBUU
PRAA
PRAA
Q4 25
13.3%
Q3 25
14.3%
Q2 25
15.8%
Q1 25
20.0%
Q4 24
18.7%
Q3 24
16.4%
Q2 24
7.9%
Q1 24
19.8%
Operating Margin
MBUU
MBUU
PRAA
PRAA
Q4 25
-1.9%
37.7%
Q3 25
-0.4%
-101.4%
Q2 25
3.3%
29.6%
Q1 25
7.6%
27.7%
Q4 24
1.6%
32.1%
Q3 24
-3.3%
32.0%
Q2 24
-15.4%
31.4%
Q1 24
-36.8%
26.0%
Net Margin
MBUU
MBUU
PRAA
PRAA
Q4 25
-1.3%
17.0%
Q3 25
-0.4%
-131.0%
Q2 25
2.3%
14.7%
Q1 25
5.6%
1.4%
Q4 24
1.2%
6.3%
Q3 24
-2.9%
9.6%
Q2 24
-12.1%
7.6%
Q1 24
-32.9%
1.4%
EPS (diluted)
MBUU
MBUU
PRAA
PRAA
Q4 25
$-0.13
$1.47
Q3 25
$-0.04
$-10.43
Q2 25
$0.23
$1.08
Q1 25
$0.66
$0.09
Q4 24
$0.12
$0.47
Q3 24
$-0.25
$0.69
Q2 24
$-0.93
$0.54
Q1 24
$-3.28
$0.09

Balance Sheet & Financial Strength

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

Metric
MBUU
MBUU
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$28.2M
$104.4M
Total DebtLower is stronger
$20.0M
Stockholders' EquityBook value
$495.0M
$979.9M
Total Assets
$715.7M
$5.1B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBUU
MBUU
PRAA
PRAA
Q4 25
$28.2M
$104.4M
Q3 25
$44.1M
$107.5M
Q2 25
$37.0M
$131.6M
Q1 25
$38.7M
$128.7M
Q4 24
$35.1M
$105.9M
Q3 24
$27.7M
$141.1M
Q2 24
$26.9M
$118.9M
Q1 24
$47.1M
$108.1M
Total Debt
MBUU
MBUU
PRAA
PRAA
Q4 25
$20.0M
Q3 25
$23.0M
Q2 25
$18.0M
Q1 25
$28.0M
Q4 24
$23.0M
Q3 24
$28.0M
Q2 24
$0
Q1 24
$15.0M
Stockholders' Equity
MBUU
MBUU
PRAA
PRAA
Q4 25
$495.0M
$979.9M
Q3 25
$516.4M
$928.5M
Q2 25
$515.5M
$1.3B
Q1 25
$513.0M
$1.2B
Q4 24
$509.8M
$1.1B
Q3 24
$517.7M
$1.2B
Q2 24
$530.0M
$1.1B
Q1 24
$557.2M
$1.1B
Total Assets
MBUU
MBUU
PRAA
PRAA
Q4 25
$715.7M
$5.1B
Q3 25
$755.6M
$5.0B
Q2 25
$734.6M
$5.4B
Q1 25
$758.8M
$5.1B
Q4 24
$738.7M
$4.9B
Q3 24
$759.1M
$4.9B
Q2 24
$739.6M
$4.7B
Q1 24
$797.6M
$4.5B
Debt / Equity
MBUU
MBUU
PRAA
PRAA
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.03×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.00×
Q1 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
MBUU
MBUU
PRAA
PRAA
Operating Cash FlowLast quarter
$12.6M
$-85.5M
Free Cash FlowOCF − Capex
$8.2M
$-90.4M
FCF MarginFCF / Revenue
4.4%
-27.1%
Capex IntensityCapex / Revenue
2.3%
1.4%
Cash ConversionOCF / Net Profit
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$33.3M
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBUU
MBUU
PRAA
PRAA
Q4 25
$12.6M
$-85.5M
Q3 25
$6.5M
$-10.1M
Q2 25
$21.0M
$-12.9M
Q1 25
$15.5M
$-52.6M
Q4 24
$28.4M
$-94.6M
Q3 24
$-8.4M
$-35.0M
Q2 24
$16.3M
$-29.5M
Q1 24
$23.5M
$-73.0M
Free Cash Flow
MBUU
MBUU
PRAA
PRAA
Q4 25
$8.2M
$-90.4M
Q3 25
$2.2M
$-11.3M
Q2 25
$14.1M
$-14.2M
Q1 25
$8.8M
$-53.5M
Q4 24
$22.8M
$-98.6M
Q3 24
$-17.0M
$-36.1M
Q2 24
$4.5M
$-30.8M
Q1 24
$11.5M
$-73.5M
FCF Margin
MBUU
MBUU
PRAA
PRAA
Q4 25
4.4%
-27.1%
Q3 25
1.1%
-3.6%
Q2 25
6.8%
-4.9%
Q1 25
3.8%
-19.8%
Q4 24
11.4%
-33.6%
Q3 24
-9.9%
-12.8%
Q2 24
2.8%
-10.8%
Q1 24
5.7%
-28.8%
Capex Intensity
MBUU
MBUU
PRAA
PRAA
Q4 25
2.3%
1.4%
Q3 25
2.2%
0.4%
Q2 25
3.4%
0.4%
Q1 25
2.9%
0.3%
Q4 24
2.8%
1.4%
Q3 24
5.0%
0.4%
Q2 24
7.5%
0.5%
Q1 24
5.9%
0.2%
Cash Conversion
MBUU
MBUU
PRAA
PRAA
Q4 25
-1.51×
Q3 25
Q2 25
4.50×
-0.30×
Q1 25
1.20×
-14.37×
Q4 24
12.02×
-5.13×
Q3 24
-1.29×
Q2 24
-1.37×
Q1 24
-21.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MBUU
MBUU

Boatand Trailer Sales$68.1M36%
Saltwater Fishing$65.3M35%
Cobalt$52.6M28%
Part And Other Sales$2.6M1%

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

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