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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and CVR ENERGY INC (CVI). Click either name above to swap in a different company.
CVR ENERGY INC is the larger business by last-quarter revenue ($2.0B vs $975.0M, roughly 2.0× BREAD FINANCIAL HOLDINGS, INC.). On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 5.4%). Over the past eight quarters, CVR ENERGY INC's revenue compounded faster (0.3% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.
BFH vs CVI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $2.0B |
| Net Profit | — | $-160.0M |
| Gross Margin | — | -5.2% |
| Operating Margin | 4.9% | — |
| Net Margin | — | -8.1% |
| Revenue YoY | 5.4% | 20.3% |
| Net Profit YoY | — | -56.1% |
| EPS (diluted) | $1.21 | $-1.91 |
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.
| Q1 26 | — | $2.0B | ||
| Q4 25 | $975.0M | $1.8B | ||
| Q3 25 | $971.0M | $1.9B | ||
| Q2 25 | $929.0M | $1.8B | ||
| Q1 25 | $970.0M | $1.6B | ||
| Q4 24 | $925.0M | $1.9B | ||
| Q3 24 | $983.0M | $1.8B | ||
| Q2 24 | $939.0M | $2.0B |
| Q1 26 | — | $-160.0M | ||
| Q4 25 | — | $-110.0M | ||
| Q3 25 | $188.0M | $374.0M | ||
| Q2 25 | $139.0M | $-114.0M | ||
| Q1 25 | $138.0M | $-123.0M | ||
| Q4 24 | — | $28.0M | ||
| Q3 24 | $2.0M | $-124.0M | ||
| Q2 24 | $133.0M | $21.0M |
| Q1 26 | — | -5.2% | ||
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | 28.8% | ||
| Q2 25 | — | -3.7% | ||
| Q1 25 | — | -5.5% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | -3.9% | ||
| Q2 24 | — | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | -5.3% | ||
| Q3 25 | 20.2% | 26.3% | ||
| Q2 25 | 18.7% | -5.8% | ||
| Q1 25 | 20.3% | -8.0% | ||
| Q4 24 | -2.9% | 1.1% | ||
| Q3 24 | 4.1% | -6.2% | ||
| Q2 24 | 19.2% | 1.4% |
| Q1 26 | — | -8.1% | ||
| Q4 25 | — | -6.1% | ||
| Q3 25 | 19.4% | 19.2% | ||
| Q2 25 | 15.0% | -6.5% | ||
| Q1 25 | 14.2% | -7.5% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 0.2% | -6.8% | ||
| Q2 24 | 14.2% | 1.1% |
| Q1 26 | — | $-1.91 | ||
| Q4 25 | $1.21 | $-1.09 | ||
| Q3 25 | $3.96 | $3.72 | ||
| Q2 25 | $2.94 | $-1.14 | ||
| Q1 25 | $2.78 | $-1.22 | ||
| Q4 24 | $0.08 | $0.28 | ||
| Q3 24 | $0.05 | $-1.24 | ||
| Q2 24 | $2.66 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $512.0M |
| Total DebtLower is stronger | $4.3B | — |
| Stockholders' EquityBook value | $3.3B | — |
| Total Assets | $22.7B | $3.9B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $512.0M | ||
| Q4 25 | $3.6B | $511.0M | ||
| Q3 25 | $3.8B | $670.0M | ||
| Q2 25 | $3.8B | $596.0M | ||
| Q1 25 | $4.2B | $695.0M | ||
| Q4 24 | $4.0B | $987.0M | ||
| Q3 24 | $3.5B | $534.0M | ||
| Q2 24 | $4.1B | $586.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.3B | $1.8B | ||
| Q3 25 | $3.8B | $1.8B | ||
| Q2 25 | $4.2B | $1.8B | ||
| Q1 25 | $5.1B | $1.9B | ||
| Q4 24 | $5.6B | $1.9B | ||
| Q3 24 | $4.6B | $1.6B | ||
| Q2 24 | — | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $730.0M | ||
| Q3 25 | $3.3B | $840.0M | ||
| Q2 25 | $3.2B | $466.0M | ||
| Q1 25 | $3.1B | $580.0M | ||
| Q4 24 | $3.1B | $703.0M | ||
| Q3 24 | $3.1B | $675.0M | ||
| Q2 24 | $3.2B | $849.0M |
| Q1 26 | — | $3.9B | ||
| Q4 25 | $22.7B | $3.7B | ||
| Q3 25 | $21.7B | $4.0B | ||
| Q2 25 | $21.8B | $4.0B | ||
| Q1 25 | $22.4B | $4.3B | ||
| Q4 24 | $22.9B | $4.3B | ||
| Q3 24 | $21.7B | $3.9B | ||
| Q2 24 | $22.1B | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | 2.40× | ||
| Q3 25 | 1.14× | 2.17× | ||
| Q2 25 | 1.34× | 3.97× | ||
| Q1 25 | 1.67× | 3.29× | ||
| Q4 24 | 1.82× | 2.71× | ||
| Q3 24 | 1.47× | 2.33× | ||
| Q2 24 | — | 1.86× |
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 | $568.0M | — |
| Free Cash FlowOCF − Capex | — | $21.0M |
| FCF MarginFCF / Revenue | — | 1.1% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $568.0M | $0 | ||
| Q3 25 | $605.0M | $163.0M | ||
| Q2 25 | $526.0M | $176.0M | ||
| Q1 25 | $393.0M | $-195.0M | ||
| Q4 24 | $479.0M | $98.0M | ||
| Q3 24 | $456.0M | $48.0M | ||
| Q2 24 | $477.0M | $81.0M |
| Q1 26 | — | $21.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $125.0M | ||
| Q2 25 | — | $135.0M | ||
| Q1 25 | — | $-246.0M | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $14.0M | ||
| Q2 24 | — | $38.0M |
| Q1 26 | — | 1.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | -14.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.9% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.22× | 0.44× | ||
| Q2 25 | 3.78× | — | ||
| Q1 25 | 2.85× | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | 228.00× | — | ||
| Q2 24 | 3.59× | 3.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
