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Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $64.6M, roughly 1.3× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs 3.2%, a 0.5% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 6.2%). MARINE PRODUCTS CORP produced more free cash flow last quarter ($4.1M vs $-5.7M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% CAGR vs -3.5%).
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.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
MPX vs VNCE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $85.1M |
| Net Profit | $2.4M | $2.7M |
| Gross Margin | 19.6% | 49.2% |
| Operating Margin | 5.8% | 6.4% |
| Net Margin | 3.7% | 3.2% |
| Revenue YoY | 35.0% | 6.2% |
| Net Profit YoY | -44.6% | -37.3% |
| EPS (diluted) | $0.07 | $0.21 |
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 | $64.6M | $85.1M | ||
| Q3 25 | $53.1M | $73.2M | ||
| Q2 25 | $67.7M | $57.9M | ||
| Q1 25 | $59.0M | $80.0M | ||
| Q4 24 | $47.8M | $80.2M | ||
| Q3 24 | $49.9M | $74.2M | ||
| Q2 24 | $69.5M | $59.2M | ||
| Q1 24 | $69.3M | $75.3M |
| Q4 25 | $2.4M | $2.7M | ||
| Q3 25 | $2.6M | $12.1M | ||
| Q2 25 | $4.2M | $-4.8M | ||
| Q1 25 | $2.2M | $-28.3M | ||
| Q4 24 | $4.3M | $4.3M | ||
| Q3 24 | $3.4M | $569.0K | ||
| Q2 24 | $5.6M | $4.4M | ||
| Q1 24 | $4.6M | $-4.7M |
| Q4 25 | 19.6% | 49.2% | ||
| Q3 25 | 19.2% | 50.4% | ||
| Q2 25 | 19.1% | 50.3% | ||
| Q1 25 | 18.6% | 50.1% | ||
| Q4 24 | 19.2% | 50.0% | ||
| Q3 24 | 18.4% | 47.4% | ||
| Q2 24 | 18.9% | 50.6% | ||
| Q1 24 | 20.2% | 45.4% |
| Q4 25 | 5.8% | 6.4% | ||
| Q3 25 | 5.4% | 15.2% | ||
| Q2 25 | 7.1% | -7.7% | ||
| Q1 25 | 4.4% | -37.1% | ||
| Q4 24 | 7.7% | 7.2% | ||
| Q3 24 | 7.2% | 1.5% | ||
| Q2 24 | 8.3% | 9.5% | ||
| Q1 24 | 7.6% | -2.2% |
| Q4 25 | 3.7% | 3.2% | ||
| Q3 25 | 5.0% | 16.5% | ||
| Q2 25 | 6.1% | -8.3% | ||
| Q1 25 | 3.7% | -35.5% | ||
| Q4 24 | 8.9% | 5.4% | ||
| Q3 24 | 6.8% | 0.8% | ||
| Q2 24 | 8.0% | 7.4% | ||
| Q1 24 | 6.6% | -6.2% |
| Q4 25 | $0.07 | $0.21 | ||
| Q3 25 | $0.07 | $0.93 | ||
| Q2 25 | $0.12 | $-0.37 | ||
| Q1 25 | $0.06 | $-2.25 | ||
| Q4 24 | $0.13 | $0.34 | ||
| Q3 24 | $0.10 | $0.05 | ||
| Q2 24 | $0.14 | $0.35 | ||
| Q1 24 | $0.13 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $125.0M | $53.4M |
| Total Assets | $147.2M | $246.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $777.0K | ||
| Q2 25 | — | $2.6M | ||
| Q1 25 | — | $607.0K | ||
| Q4 24 | — | $892.0K | ||
| Q3 24 | — | $711.0K | ||
| Q2 24 | — | $739.0K | ||
| Q1 24 | — | $357.0K |
| Q4 25 | $125.0M | $53.4M | ||
| Q3 25 | $126.3M | $49.3M | ||
| Q2 25 | $127.2M | $37.2M | ||
| Q1 25 | $126.4M | $41.8M | ||
| Q4 24 | $129.0M | $57.1M | ||
| Q3 24 | $128.8M | $52.4M | ||
| Q2 24 | $129.3M | $51.7M | ||
| Q1 24 | $151.4M | $47.2M |
| Q4 25 | $147.2M | $246.0M | ||
| Q3 25 | $179.5M | $239.0M | ||
| Q2 25 | $173.2M | $218.0M | ||
| Q1 25 | $182.9M | $222.7M | ||
| Q4 24 | $171.2M | $254.7M | ||
| Q3 24 | $176.3M | $253.6M | ||
| Q2 24 | $175.7M | $223.1M | ||
| Q1 24 | $204.0M | $225.1M |
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 | $4.7M | $-5.1M |
| Free Cash FlowOCF − Capex | $4.1M | $-5.7M |
| FCF MarginFCF / Revenue | 6.4% | -6.7% |
| Capex IntensityCapex / Revenue | 0.9% | 0.7% |
| Cash ConversionOCF / Net Profit | 2.00× | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $14.9M | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7M | $-5.1M | ||
| Q3 25 | $2.6M | $4.2M | ||
| Q2 25 | $-1.6M | $-11.8M | ||
| Q1 25 | $10.8M | $22.7M | ||
| Q4 24 | $4.6M | $6.4M | ||
| Q3 24 | $5.1M | $-3.2M | ||
| Q2 24 | $3.8M | $-3.9M | ||
| Q1 24 | $15.9M | $14.8M |
| Q4 25 | $4.1M | $-5.7M | ||
| Q3 25 | $2.1M | $2.1M | ||
| Q2 25 | $-2.0M | $-13.2M | ||
| Q1 25 | $10.7M | $21.2M | ||
| Q4 24 | $3.6M | $5.1M | ||
| Q3 24 | $3.2M | $-3.9M | ||
| Q2 24 | $3.0M | $-4.6M | ||
| Q1 24 | $15.0M | $14.2M |
| Q4 25 | 6.4% | -6.7% | ||
| Q3 25 | 4.0% | 2.9% | ||
| Q2 25 | -3.0% | -22.9% | ||
| Q1 25 | 18.1% | 26.5% | ||
| Q4 24 | 7.6% | 6.4% | ||
| Q3 24 | 6.5% | -5.2% | ||
| Q2 24 | 4.4% | -7.8% | ||
| Q1 24 | 21.7% | 18.9% |
| Q4 25 | 0.9% | 0.7% | ||
| Q3 25 | 0.8% | 2.9% | ||
| Q2 25 | 0.6% | 2.5% | ||
| Q1 25 | 0.2% | 1.9% | ||
| Q4 24 | 2.1% | 1.6% | ||
| Q3 24 | 3.8% | 0.9% | ||
| Q2 24 | 1.1% | 1.3% | ||
| Q1 24 | 1.3% | 0.7% |
| Q4 25 | 2.00× | -1.86× | ||
| Q3 25 | 0.97× | 0.35× | ||
| Q2 25 | -0.39× | — | ||
| Q1 25 | 4.88× | — | ||
| Q4 24 | 1.09× | 1.48× | ||
| Q3 24 | 1.51× | -5.61× | ||
| Q2 24 | 0.68× | -0.89× | ||
| Q1 24 | 3.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
