I have no numbers to back it up, but I would expect these days that a big chunk of revenue from non-ad-supported mobile apps is subscriptions. In which case, assuming you could get the same number of customers (a big if, especially considering Apple's unwillingess to treat PWAs as first-class citizens), you would make more money because you wouldn't lose 15-30% to Apple.

For what it's worth, I much prefer a high-quality native app to a PWA, but Apple's treatment of developers as basically bottom feeders leaves a very sour taste in my mouth.