BELLRING BRANDS, INC.BRBREarnings & Financial Report
Bellring Brands, Inc. develops, manufactures and sells high-quality protein and functional nutritional products including ready-to-drink shakes, protein bars, powders and snacks. Its core brands Premier Protein, Dymatize and PowerBar serve health-conscious consumers and fitness enthusiasts across North America via retail, e-commerce and specialty channels.
Revenue
$588.0M
Gross Profit
$189.8M
Operating Profit
$95.1M
Net Profit
$58.7M
Gross Margin
32.3%
Operating Margin
16.2%
Net Margin
10.0%
YoY Growth
18.9%
EPS
$0.45
Financial Flow
BELLRING BRANDS, INC. Q2 2025 Financial Summary
BELLRING BRANDS, INC. reported revenue of $588.0M (up 18.9% YoY) for Q2 2025, with a net profit of $58.7M (up 2.6% YoY) (10.0% margin). Cost of goods sold was $398.2M, operating expenses totaled $94.7M.
Key Financial Metrics
| Total Revenue | $588.0M |
|---|---|
| Net Profit | $58.7M |
| Gross Margin | 32.3% |
| Operating Margin | 16.2% |
| Report Period | Q2 2025 |
Revenue Breakdown
BELLRING BRANDS, INC. Q2 2025 revenue of $588.0M breaks down across 3 segments, led by Shakesandotherbeverages at $487.5M (82.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Shakesandotherbeverages | $487.5M | 82.9% |
| Powders | $88.0M | 15.0% |
| Other Products | $12.5M | 2.1% |
BELLRING BRANDS, INC. Revenue by Segment — Quarterly Trend
BELLRING BRANDS, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Shakesandotherbeverages and Powders) has evolved quarter over quarter.
| Segment | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| Shakesandotherbeverages | $432.4M | $527.6M | $438.3M | $487.5M |
| Powders | $92.1M | $104.9M | $92.4M | $88.0M |
| Other Products | $12.8M | $15.7M | $16.8M | $12.5M |
BELLRING BRANDS, INC. Annual Revenue by Year
BELLRING BRANDS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.3B |
| 2024 | $2.0B |
| 2023 | $1.7B |
| 2022 | $1.4B |
BELLRING BRANDS, INC. Quarterly Revenue & Net Profit History
BELLRING BRANDS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $537.3M | +0.8% | $43.7M | 8.1% |
| Q4 2025 | $648.2M | +16.6% | $59.6M | 9.2% |
| Q3 2025 | $547.5M | +6.2% | $21.0M | 3.8% |
| Q2 2025 | $588.0M | +18.9% | $58.7M | 10.0% |
| Q1 2025 | $532.9M | +23.8% | $76.9M | 14.4% |
| Q4 2024 | $555.8M | +17.6% | $71.7M | 12.9% |
| Q3 2024 | $515.4M | +15.6% | $73.7M | 14.3% |
| Q2 2024 | $494.6M | +28.3% | $57.2M | 11.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $494.6M | $515.4M | $555.8M | $532.9M | $588.0M | $547.5M | $648.2M | $537.3M |
| YoY Growth | 28.3% | 15.6% | 17.6% | 23.8% | 18.9% | 6.2% | 16.6% | 0.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $765.0M | $804.1M | $837.0M | $885.2M | $947.5M | $993.7M | $941.0M | $1.06B |
| Liabilities | $1.01B | $1.05B | $1.04B | $1.03B | $1.20B | $1.30B | $1.39B | $1.57B |
| Equity | $-247.7M | $-243.2M | $-205.9M | $-146.6M | $-254.1M | $-309.9M | $-453.9M | $-510.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $16.3M | $69.0M | $40.1M | $3.0M | $48.2M | $40.3M | $169.1M | $-3.1M |