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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Black Rock Coffee Bar, Inc. (BRCB). Click either name above to swap in a different company.

Black Rock Coffee Bar, Inc. is the larger business by last-quarter revenue ($51.5M vs $31.6M, roughly 1.6× BATTALION OIL CORP). BATTALION OIL CORP runs the higher net margin — 5.7% vs -1.4%, a 7.1% gap on every dollar of revenue.

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Black Rock Coffee Bar, Inc. is a U.S.-based specialty coffee retail chain that offers handcrafted premium coffee beverages, energy drinks, baked goods, and light snacks. It operates in-store and drive-thru locations primarily across western U.S. states, prioritizing high-quality customizable products and community-focused consumer experiences.

BATL vs BRCB — Head-to-Head

Bigger by revenue
BRCB
BRCB
1.6× larger
BRCB
$51.5M
$31.6M
BATL
Higher net margin
BATL
BATL
7.1% more per $
BATL
5.7%
-1.4%
BRCB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BATL
BATL
BRCB
BRCB
Revenue
$31.6M
$51.5M
Net Profit
$1.8M
$-712.0K
Gross Margin
Operating Margin
-33.8%
-12.4%
Net Margin
5.7%
-1.4%
Revenue YoY
-36.1%
Net Profit YoY
108.1%
EPS (diluted)
$-0.77
$-0.05

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.

Revenue
BATL
BATL
BRCB
BRCB
Q4 25
$31.6M
Q3 25
$43.4M
$51.5M
Q2 25
$42.6M
Q1 25
$47.4M
Q4 24
$49.5M
Q3 24
$45.1M
Q2 24
$49.1M
Q1 24
$49.5M
Net Profit
BATL
BATL
BRCB
BRCB
Q4 25
$1.8M
Q3 25
$-735.0K
$-712.0K
Q2 25
$4.8M
Q1 25
$6.0M
Q4 24
$-22.2M
Q3 24
$21.6M
Q2 24
$-105.0K
Q1 24
$-31.2M
Operating Margin
BATL
BATL
BRCB
BRCB
Q4 25
-33.8%
Q3 25
1.9%
-12.4%
Q2 25
-0.4%
Q1 25
7.2%
Q4 24
-36.2%
Q3 24
2.3%
Q2 24
10.4%
Q1 24
0.0%
Net Margin
BATL
BATL
BRCB
BRCB
Q4 25
5.7%
Q3 25
-1.7%
-1.4%
Q2 25
11.3%
Q1 25
12.7%
Q4 24
-44.9%
Q3 24
48.0%
Q2 24
-0.2%
Q1 24
-63.0%
EPS (diluted)
BATL
BATL
BRCB
BRCB
Q4 25
$-0.77
Q3 25
$-0.91
$-0.05
Q2 25
$-0.21
Q1 25
$-0.35
Q4 24
$-1.47
Q3 24
$0.34
Q2 24
$-0.53
Q1 24
$-2.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BATL
BATL
BRCB
BRCB
Cash + ST InvestmentsLiquidity on hand
$28.0M
$32.6M
Total DebtLower is stronger
$208.1M
$20.0M
Stockholders' EquityBook value
$-32.8M
$43.0M
Total Assets
$460.7M
$323.2M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
BRCB
BRCB
Q4 25
$28.0M
Q3 25
$50.5M
$32.6M
Q2 25
$44.6M
Q1 25
$73.6M
Q4 24
$19.7M
Q3 24
$29.8M
Q2 24
$54.4M
Q1 24
$48.9M
Total Debt
BATL
BATL
BRCB
BRCB
Q4 25
$208.1M
Q3 25
$213.8M
$20.0M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
Q3 24
$147.8M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
BRCB
BRCB
Q4 25
$-32.8M
Q3 25
$-20.3M
$43.0M
Q2 25
$-5.2M
Q1 25
$-1.8M
Q4 24
$4.1M
Q3 24
$35.0M
Q2 24
$22.7M
Q1 24
$31.3M
Total Assets
BATL
BATL
BRCB
BRCB
Q4 25
$460.7M
Q3 25
$491.7M
$323.2M
Q2 25
$498.8M
Q1 25
$506.2M
Q4 24
$431.0M
Q3 24
$458.0M
Q2 24
$487.3M
Q1 24
$488.6M
Debt / Equity
BATL
BATL
BRCB
BRCB
Q4 25
Q3 25
0.46×
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BATL
BATL
BRCB
BRCB
Operating Cash FlowLast quarter
$-11.8M
$-2.9M
Free Cash FlowOCF − Capex
$-25.8M
FCF MarginFCF / Revenue
-50.2%
Capex IntensityCapex / Revenue
44.5%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
BRCB
BRCB
Q4 25
$-11.8M
Q3 25
$28.0M
$-2.9M
Q2 25
$10.2M
Q1 25
$12.7M
Q4 24
$6.7M
Q3 24
$-5.1M
Q2 24
$29.8M
Q1 24
$3.9M
Free Cash Flow
BATL
BATL
BRCB
BRCB
Q4 25
Q3 25
$-25.8M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BATL
BATL
BRCB
BRCB
Q4 25
Q3 25
-50.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BATL
BATL
BRCB
BRCB
Q4 25
Q3 25
44.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BATL
BATL
BRCB
BRCB
Q4 25
-6.58×
Q3 25
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

BRCB
BRCB

Segment breakdown not available.

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