vs
Side-by-side financial comparison of ADMA BIOLOGICS, INC. (ADMA) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $139.2M, roughly 1.4× ADMA BIOLOGICS, INC.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 35.5%, a 12.5% gap on every dollar of revenue. On growth, ADMA BIOLOGICS, INC. posted the faster year-over-year revenue change (18.4% vs -21.9%). Over the past eight quarters, ADMA BIOLOGICS, INC.'s revenue compounded faster (30.4% CAGR vs -15.4%).
ADMA Biologics Inc. is a biopharmaceutical enterprise focused on the research, development, manufacturing and commercialization of specialty plasma-derived immunoglobulin therapies. It primarily operates in the United States, catering to patients with primary immunodeficiency and other immune-related disorders, healthcare providers and medical institutions across its core immune health therapeutic segment.
ADMA vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $139.2M | $188.3M |
| Net Profit | $49.4M | $90.3M |
| Gross Margin | 63.8% | 79.5% |
| Operating Margin | 45.1% | 32.3% |
| Net Margin | 35.5% | 47.9% |
| Revenue YoY | 18.4% | -21.9% |
| Net Profit YoY | -55.9% | 1710.8% |
| EPS (diluted) | $0.20 | $2.78 |
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 | $139.2M | $188.3M | ||
| Q3 25 | $134.2M | $215.3M | ||
| Q2 25 | $122.0M | $188.2M | ||
| Q1 25 | $114.8M | $197.2M | ||
| Q4 24 | $117.5M | $241.0M | ||
| Q3 24 | $119.8M | $225.5M | ||
| Q2 24 | $107.2M | $256.0M | ||
| Q1 24 | $81.9M | $263.4M |
| Q4 25 | $49.4M | $90.3M | ||
| Q3 25 | $36.4M | $91.1M | ||
| Q2 25 | $34.2M | $139.5M | ||
| Q1 25 | $26.9M | $-10.0M | ||
| Q4 24 | $111.9M | $-5.6M | ||
| Q3 24 | $35.9M | $-284.4M | ||
| Q2 24 | $32.1M | $-433.6M | ||
| Q1 24 | $17.8M | $-49.2M |
| Q4 25 | 63.8% | 79.5% | ||
| Q3 25 | 56.3% | 83.7% | ||
| Q2 25 | 55.1% | 81.3% | ||
| Q1 25 | 53.2% | 81.4% | ||
| Q4 24 | 53.9% | 79.8% | ||
| Q3 24 | 49.8% | 82.1% | ||
| Q2 24 | 53.6% | 84.5% | ||
| Q1 24 | 47.8% | 85.3% |
| Q4 25 | 45.1% | 32.3% | ||
| Q3 25 | 38.0% | 30.4% | ||
| Q2 25 | 35.1% | 5.7% | ||
| Q1 25 | 30.4% | -31.2% | ||
| Q4 24 | 32.6% | -69.2% | ||
| Q3 24 | 33.1% | -36.4% | ||
| Q2 24 | 36.6% | -90.8% | ||
| Q1 24 | 26.7% | -6.1% |
| Q4 25 | 35.5% | 47.9% | ||
| Q3 25 | 27.1% | 42.3% | ||
| Q2 25 | 28.1% | 74.1% | ||
| Q1 25 | 23.4% | -5.1% | ||
| Q4 24 | 95.2% | -2.3% | ||
| Q3 24 | 30.0% | -126.1% | ||
| Q2 24 | 29.9% | -169.4% | ||
| Q1 24 | 21.7% | -18.7% |
| Q4 25 | $0.20 | $2.78 | ||
| Q3 25 | $0.15 | $2.91 | ||
| Q2 25 | $0.14 | $4.50 | ||
| Q1 25 | $0.11 | $-0.39 | ||
| Q4 24 | $0.45 | $-0.01 | ||
| Q3 24 | $0.15 | $-9.39 | ||
| Q2 24 | $0.13 | $-14.35 | ||
| Q1 24 | $0.08 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $87.6M | $226.6M |
| Total DebtLower is stronger | $72.1M | $1.4B |
| Stockholders' EquityBook value | $477.3M | $-171.5M |
| Total Assets | $624.2M | $1.7B |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.6M | $226.6M | ||
| Q3 25 | $61.4M | $184.2M | ||
| Q2 25 | $90.3M | $267.4M | ||
| Q1 25 | $71.6M | $138.3M | ||
| Q4 24 | $103.1M | $146.9M | ||
| Q3 24 | $86.7M | $159.2M | ||
| Q2 24 | $88.2M | $236.9M | ||
| Q1 24 | $45.3M | $190.7M |
| Q4 25 | $72.1M | $1.4B | ||
| Q3 25 | $72.4M | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $72.3M | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $477.3M | $-171.5M | ||
| Q3 25 | $431.2M | $-260.5M | ||
| Q2 25 | $398.3M | $-351.7M | ||
| Q1 25 | $373.4M | $-496.8M | ||
| Q4 24 | $349.0M | $-488.2M | ||
| Q3 24 | $231.9M | $-497.6M | ||
| Q2 24 | $188.3M | $-218.3M | ||
| Q1 24 | $153.7M | $228.4M |
| Q4 25 | $624.2M | $1.7B | ||
| Q3 25 | $568.7M | $1.7B | ||
| Q2 25 | $558.4M | $1.5B | ||
| Q1 25 | $510.6M | $1.5B | ||
| Q4 24 | $488.7M | $1.8B | ||
| Q3 24 | $390.6M | $2.2B | ||
| Q2 24 | $376.4M | $3.2B | ||
| Q1 24 | $350.9M | $5.0B |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| 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 | $35.6M | $26.2M |
| Free Cash FlowOCF − Capex | $34.6M | — |
| FCF MarginFCF / Revenue | 24.8% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 0.72× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $27.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.6M | $26.2M | ||
| Q3 25 | $13.3M | $-60.6M | ||
| Q2 25 | $21.1M | $-25.6M | ||
| Q1 25 | $-19.7M | $184.0K | ||
| Q4 24 | $50.2M | $-2.7M | ||
| Q3 24 | $25.0M | $19.5M | ||
| Q2 24 | $45.6M | $111.5M | ||
| Q1 24 | $-2.2M | $135.4M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $-1.1M | — | ||
| Q2 25 | $18.7M | — | ||
| Q1 25 | $-24.4M | — | ||
| Q4 24 | $47.5M | — | ||
| Q3 24 | $24.0M | — | ||
| Q2 24 | $43.6M | — | ||
| Q1 24 | $-4.6M | — |
| Q4 25 | 24.8% | — | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | 15.3% | — | ||
| Q1 25 | -21.2% | — | ||
| Q4 24 | 40.4% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 40.7% | — | ||
| Q1 24 | -5.6% | — |
| Q4 25 | 0.8% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 2.9% | — |
| Q4 25 | 0.72× | 0.29× | ||
| Q3 25 | 0.36× | -0.66× | ||
| Q2 25 | 0.62× | -0.18× | ||
| Q1 25 | -0.73× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 1.42× | — | ||
| Q1 24 | -0.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADMA
| ADMA Bio Manufacturing Segment | $123.1M | 88% |
| Other | $16.0M | 12% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
