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Side-by-side financial comparison of Primo Brands Corp (PRMB) and Take-Two Interactive (TTWO). Click either name above to swap in a different company.
Take-Two Interactive is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.1× Primo Brands Corp). Primo Brands Corp runs the higher net margin — -0.8% vs -5.5%, a 4.6% gap on every dollar of revenue. Take-Two Interactive produced more free cash flow last quarter ($236.2M vs $57.3M).
Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.
Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993.
PRMB vs TTWO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.7B |
| Net Profit | $-13.0M | $-92.9M |
| Gross Margin | 27.7% | 55.7% |
| Operating Margin | 1.2% | -2.3% |
| Net Margin | -0.8% | -5.5% |
| Revenue YoY | — | 24.9% |
| Net Profit YoY | — | 25.8% |
| EPS (diluted) | $-0.03 | $-0.50 |
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 | $1.6B | $1.7B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $0 | $1.4B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $1.1B | $1.4B |
| Q4 25 | $-13.0M | $-92.9M | ||
| Q3 25 | $16.8M | $-133.9M | ||
| Q2 25 | $27.6M | $-11.9M | ||
| Q1 25 | $28.7M | $-3.7B | ||
| Q4 24 | — | $-125.2M | ||
| Q3 24 | $-2.0K | $-365.5M | ||
| Q2 24 | $54.5M | $-262.0M | ||
| Q1 24 | $33.5M | $-2.9B |
| Q4 25 | 27.7% | 55.7% | ||
| Q3 25 | 29.9% | 55.3% | ||
| Q2 25 | 31.3% | 62.8% | ||
| Q1 25 | 32.3% | 50.8% | ||
| Q4 24 | — | 55.9% | ||
| Q3 24 | — | 53.8% | ||
| Q2 24 | 32.7% | 57.6% | ||
| Q1 24 | 30.4% | 33.5% |
| Q4 25 | 1.2% | -2.3% | ||
| Q3 25 | 8.3% | -5.5% | ||
| Q2 25 | 6.5% | 1.4% | ||
| Q1 25 | 9.5% | -238.7% | ||
| Q4 24 | — | -9.7% | ||
| Q3 24 | — | -22.0% | ||
| Q2 24 | 12.1% | -13.8% | ||
| Q1 24 | 11.0% | -193.9% |
| Q4 25 | -0.8% | -5.5% | ||
| Q3 25 | 1.0% | -7.5% | ||
| Q2 25 | 1.6% | -0.8% | ||
| Q1 25 | 1.8% | -235.5% | ||
| Q4 24 | — | -9.2% | ||
| Q3 24 | — | -27.0% | ||
| Q2 24 | 4.1% | -19.6% | ||
| Q1 24 | 2.9% | -207.4% |
| Q4 25 | $-0.03 | $-0.50 | ||
| Q3 25 | $0.04 | $-0.73 | ||
| Q2 25 | $0.07 | $-0.07 | ||
| Q1 25 | $0.08 | $-21.27 | ||
| Q4 24 | — | $-0.71 | ||
| Q3 24 | $-20.00 | $-2.08 | ||
| Q2 24 | $0.25 | $-1.52 | ||
| Q1 24 | $0.15 | $-17.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $376.7M | $2.4B |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $3.0B | $3.5B |
| Total Assets | $10.6B | $10.0B |
| Debt / EquityLower = less leverage | 1.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.7M | $2.4B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $879.6M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $776.0M |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.0B | $3.5B | ||
| Q3 25 | $3.2B | $3.4B | ||
| Q2 25 | $3.2B | $3.5B | ||
| Q1 25 | $3.3B | $2.1B | ||
| Q4 24 | — | $5.7B | ||
| Q3 24 | $-2.0K | $5.8B | ||
| Q2 24 | $-296.8M | $6.0B | ||
| Q1 24 | $-349.8M | $5.7B |
| Q4 25 | $10.6B | $10.0B | ||
| Q3 25 | $11.0B | $10.1B | ||
| Q2 25 | $11.0B | $9.7B | ||
| Q1 25 | $11.0B | $9.2B | ||
| Q4 24 | — | $12.7B | ||
| Q3 24 | $0 | $13.1B | ||
| Q2 24 | — | $12.9B | ||
| Q1 24 | — | $12.2B |
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $203.1M | $305.2M |
| Free Cash FlowOCF − Capex | $57.3M | $236.2M |
| FCF MarginFCF / Revenue | 3.7% | 13.9% |
| Capex IntensityCapex / Revenue | 9.4% | 4.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $302.9M | $487.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.1M | $305.2M | ||
| Q3 25 | $283.4M | $128.4M | ||
| Q2 25 | $155.0M | $-44.7M | ||
| Q1 25 | $38.8M | $279.0M | ||
| Q4 24 | — | $-4.8M | ||
| Q3 24 | $0 | $-128.4M | ||
| Q2 24 | $102.5M | $-191.0M | ||
| Q1 24 | $6.0M | $-8.9M |
| Q4 25 | $57.3M | $236.2M | ||
| Q3 25 | $167.7M | $96.5M | ||
| Q2 25 | $101.1M | $-69.8M | ||
| Q1 25 | $-23.2M | $224.9M | ||
| Q4 24 | — | $-48.2M | ||
| Q3 24 | — | $-165.2M | ||
| Q2 24 | $61.4M | $-226.1M | ||
| Q1 24 | $-17.5M | $-55.1M |
| Q4 25 | 3.7% | 13.9% | ||
| Q3 25 | 9.5% | 5.4% | ||
| Q2 25 | 5.8% | -4.6% | ||
| Q1 25 | -1.4% | 14.2% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | — | -12.2% | ||
| Q2 24 | 4.7% | -16.9% | ||
| Q1 24 | -1.5% | -3.9% |
| Q4 25 | 9.4% | 4.1% | ||
| Q3 25 | 6.6% | 1.8% | ||
| Q2 25 | 3.1% | 1.7% | ||
| Q1 25 | 3.8% | 3.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | 3.1% | 2.6% | ||
| Q1 24 | 2.1% | 3.3% |
| Q4 25 | — | — | ||
| Q3 25 | 16.87× | — | ||
| Q2 25 | 5.62× | — | ||
| Q1 25 | 1.35× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.88× | — | ||
| Q1 24 | 0.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
TTWO
Segment breakdown not available.
