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Side-by-side financial comparison of Playboy, Inc. (PLBY) and VersaBank (VBNK). Click either name above to swap in a different company.

Playboy, Inc. is the larger business by last-quarter revenue ($34.9M vs $26.7M, roughly 1.3× VersaBank). VersaBank runs the higher net margin — 30.3% vs 10.3%, a 20.0% gap on every dollar of revenue. On growth, VersaBank posted the faster year-over-year revenue change (31.2% vs 4.2%). Over the past eight quarters, VersaBank's revenue compounded faster (16.6% CAGR vs 11.0%).

Playboy is an American men's lifestyle and entertainment magazine, available both online and in print. It was founded in Chicago in 1953 by Hugh Hefner and his associates, funded in part by a $1,000 loan from Hefner's mother.

VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.

PLBY vs VBNK — Head-to-Head

Bigger by revenue
PLBY
PLBY
1.3× larger
PLBY
$34.9M
$26.7M
VBNK
Growing faster (revenue YoY)
VBNK
VBNK
+27.0% gap
VBNK
31.2%
4.2%
PLBY
Higher net margin
VBNK
VBNK
20.0% more per $
VBNK
30.3%
10.3%
PLBY
Faster 2-yr revenue CAGR
VBNK
VBNK
Annualised
VBNK
16.6%
11.0%
PLBY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PLBY
PLBY
VBNK
VBNK
Revenue
$34.9M
$26.7M
Net Profit
$3.6M
$8.1M
Gross Margin
73.3%
Operating Margin
7.9%
Net Margin
10.3%
30.3%
Revenue YoY
4.2%
31.2%
Net Profit YoY
128.6%
35.9%
EPS (diluted)
$0.05

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
PLBY
PLBY
VBNK
VBNK
Q1 26
$26.7M
Q4 25
$34.9M
Q3 25
$29.0M
$23.1M
Q2 25
$28.1M
$22.0M
Q1 25
$28.9M
$20.3M
Q4 24
$33.5M
Q3 24
$29.4M
$19.7M
Q2 24
$24.9M
$20.8M
Net Profit
PLBY
PLBY
VBNK
VBNK
Q1 26
$8.1M
Q4 25
$3.6M
Q3 25
$460.0K
$4.8M
Q2 25
$-7.7M
$6.2M
Q1 25
$-9.0M
$5.9M
Q4 24
$-12.5M
Q3 24
$-33.8M
$7.1M
Q2 24
$-16.7M
$8.6M
Gross Margin
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
73.3%
Q3 25
76.0%
Q2 25
65.4%
Q1 25
68.6%
Q4 24
70.8%
Q3 24
61.0%
Q2 24
67.8%
Operating Margin
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
7.9%
Q3 25
4.7%
Q2 25
-20.9%
Q1 25
-21.7%
Q4 24
-13.3%
Q3 24
-96.0%
Q2 24
-37.0%
Net Margin
PLBY
PLBY
VBNK
VBNK
Q1 26
30.3%
Q4 25
10.3%
Q3 25
1.6%
20.8%
Q2 25
-27.3%
28.3%
Q1 25
-31.3%
29.3%
Q4 24
-37.4%
Q3 24
-114.7%
35.9%
Q2 24
-66.9%
41.5%
EPS (diluted)
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
$0.05
Q3 25
$0.00
Q2 25
$-0.08
Q1 25
$-0.10
Q4 24
$-0.13
Q3 24
$-0.45
Q2 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
PLBY
PLBY
VBNK
VBNK
Cash + ST InvestmentsLiquidity on hand
$37.8M
$458.4M
Total DebtLower is stronger
$174.2M
Stockholders' EquityBook value
$18.4M
$396.4M
Total Assets
$292.4M
$4.5B
Debt / EquityLower = less leverage
9.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLBY
PLBY
VBNK
VBNK
Q1 26
$458.4M
Q4 25
$37.8M
Q3 25
$27.5M
$336.0M
Q2 25
$19.6M
$248.3M
Q1 25
$23.7M
$282.3M
Q4 24
$30.9M
Q3 24
$9.5M
$181.0M
Q2 24
$16.9M
$145.1M
Total Debt
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
$174.2M
Q3 25
$176.8M
Q2 25
$177.5M
Q1 25
$176.3M
Q4 24
$176.6M
Q3 24
$200.0M
Q2 24
$196.3M
Stockholders' Equity
PLBY
PLBY
VBNK
VBNK
Q1 26
$396.4M
Q4 25
$18.4M
Q3 25
$3.8M
$385.5M
Q2 25
$-17.5M
$385.7M
Q1 25
$-11.4M
$380.5M
Q4 24
$-7.7M
Q3 24
$-15.7M
$298.6M
Q2 24
$15.7M
$292.1M
Total Assets
PLBY
PLBY
VBNK
VBNK
Q1 26
$4.5B
Q4 25
$292.4M
Q3 25
$278.3M
$4.0B
Q2 25
$264.1M
$3.7B
Q1 25
$270.6M
$3.6B
Q4 24
$284.7M
Q3 24
$271.5M
$3.3B
Q2 24
$301.8M
$3.2B
Debt / Equity
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
9.48×
Q3 25
46.86×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
12.51×

Cash Flow & Capital Efficiency

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

Metric
PLBY
PLBY
VBNK
VBNK
Operating Cash FlowLast quarter
$1.4M
$40.6M
Free Cash FlowOCF − Capex
$1.1M
FCF MarginFCF / Revenue
3.2%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.39×
5.03×
TTM Free Cash FlowTrailing 4 quarters
$-1.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLBY
PLBY
VBNK
VBNK
Q1 26
$40.6M
Q4 25
$1.4M
Q3 25
$10.1M
Q2 25
$-3.9M
Q1 25
$-7.6M
$-65.0M
Q4 24
$161.0K
Q3 24
$-6.5M
Q2 24
$-3.0M
Free Cash Flow
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
$1.1M
Q3 25
$9.8M
Q2 25
$-4.3M
Q1 25
$-7.7M
Q4 24
$-401.0K
Q3 24
$-7.0M
Q2 24
$-3.7M
FCF Margin
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
3.2%
Q3 25
33.8%
Q2 25
-15.2%
Q1 25
-26.5%
Q4 24
-1.2%
Q3 24
-23.7%
Q2 24
-14.8%
Capex Intensity
PLBY
PLBY
VBNK
VBNK
Q1 26
Q4 25
0.8%
Q3 25
1.1%
Q2 25
1.4%
Q1 25
0.1%
Q4 24
1.7%
Q3 24
1.5%
Q2 24
2.6%
Cash Conversion
PLBY
PLBY
VBNK
VBNK
Q1 26
5.03×
Q4 25
0.39×
Q3 25
22.02×
Q2 25
Q1 25
-10.94×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLBY
PLBY

Transferred At Point In Time$22.2M64%
Trademark Licensing$6.5M19%
Related Party$5.0M14%
Other$1.1M3%

VBNK
VBNK

Segment breakdown not available.

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