Filing Flows › Comparisons › ONEW vs FFLO
OneWater Marine vs Free Flow USA: ONEW and FFLO compared
OneWater Marine is the larger company: $531M of revenue in its latest quarter (Q3 FY26) against $4K for Free Flow USA (Q2 2026). OneWater Marine is more profitable, with an operating margin of 6.7% against -457.3%.
Where the money goes: ONEW and FFLO
OneWater Marine (ONEW) · Q3 FY26
OneWater Marine, Q3 FY26: revenue $531M (-4% year over year), operating margin 6.7%, net earnings $11.7M, operating cash flow $80.4M. The chart follows the revenue to costs, profit and cash.
Free Flow USA (FFLO) · Q2 2026
Free Flow USA, Q2 2026: revenue $4K, operating margin -457.3%, net loss $18K, operating cash flow −$9K. The chart follows the revenue to costs, profit and cash.
| OneWater Marine (ONEW) | Free Flow USA (FFLO) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 2026 |
| Revenue | $531M | $4K |
| Revenue growth, Y/Y | -4% | — |
| Operating margin | 6.7% | -457.3% |
| Net earnings | $11.7M | −$18K |
| Net margin | 2.2% | -457.3% |
| Operating cash flow | $80.4M | −$9K |
| Free cash flow | $77.6M | — |
| Market value | $160M | — |
| Analysts’ mean target | $13.00 | — |
Where the revenue comes from
OneWater Marine
- New boat: $320M (60%)
- Pre-owned boat: $121M (23%)
- Service, parts & other: $72.4M (14%)
- Finance & insurance income: $17.3M (3%)
Questions
Which is bigger, OneWater Marine or Free Flow USA?
OneWater Marine is the larger company: $531M of revenue in its latest quarter (Q3 FY26) against $4K for Free Flow USA (Q2 2026).
Is OneWater Marine or Free Flow USA growing faster?
OneWater Marine is more profitable, with an operating margin of 6.7% against -457.3%.
More: OneWater Marine earnings · how OneWater Marine makes money · Free Flow USA earnings · how Free Flow USA makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Jul 31, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.