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Side-by-side financial comparison of Bunge Global (BG) and BRC Inc. (BRCC). Click either name above to swap in a different company.
Bunge Global is the larger business by last-quarter revenue ($4.9B vs $112.7M, roughly 43.3× BRC Inc.). Bunge Global runs the higher net margin — 1.9% vs -2.8%, a 4.8% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (22.2% vs 6.5%). Bunge Global produced more free cash flow last quarter ($809.0M vs $-9.4M). Over the past eight quarters, Bunge Global's revenue compounded faster (11.3% CAGR vs 7.0%).
Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.
BRC Inc., operating under the Black Rifle Coffee brand, is a U.S.-headquartered premium coffee and lifestyle brand. It sells roasted coffee beans, ready-to-drink coffee products, branded apparel, and outdoor gear, targeting primarily veteran, first responder, and outdoor enthusiast consumer segments across North America, via both e-commerce and physical retail channels.
BG vs BRCC — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $4.9B | $112.7M |
| Net Profit | $95.0M | $-3.2M |
| Gross Margin | 20.7% | 32.1% |
| Operating Margin | 1.8% | -6.3% |
| Net Margin | 1.9% | -2.8% |
| Revenue YoY | 22.2% | 6.5% |
| Net Profit YoY | -84.2% | -29.3% |
| EPS (diluted) | $-0.02 | $-0.02 |
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 | $4.9B | $112.7M | ||
| Q3 25 | $4.4B | $100.7M | ||
| Q2 25 | $4.0B | $94.8M | ||
| Q1 25 | $3.7B | $90.0M | ||
| Q4 24 | $4.0B | $105.9M | ||
| Q3 24 | $3.9B | $98.2M | ||
| Q2 24 | $3.7B | $89.0M | ||
| Q1 24 | $3.9B | $98.4M |
| Q4 25 | $95.0M | $-3.2M | ||
| Q3 25 | $166.0M | $-486.0K | ||
| Q2 25 | $354.0M | $-5.3M | ||
| Q1 25 | $201.0M | $-2.9M | ||
| Q4 24 | $602.0M | $-2.5M | ||
| Q3 24 | $221.0M | $-535.0K | ||
| Q2 24 | $70.0M | $-482.0K | ||
| Q1 24 | $244.0M | $548.0K |
| Q4 25 | 20.7% | 32.1% | ||
| Q3 25 | 24.3% | 36.9% | ||
| Q2 25 | 18.4% | 33.9% | ||
| Q1 25 | 16.3% | 36.1% | ||
| Q4 24 | 27.0% | 38.1% | ||
| Q3 24 | 19.9% | 42.1% | ||
| Q2 24 | 17.8% | 41.9% | ||
| Q1 24 | 22.2% | 42.9% |
| Q4 25 | 1.8% | -6.3% | ||
| Q3 25 | 6.2% | 0.5% | ||
| Q2 25 | 12.3% | -13.3% | ||
| Q1 25 | 7.8% | -6.0% | ||
| Q4 24 | 18.3% | -2.1% | ||
| Q3 24 | 8.3% | 1.1% | ||
| Q2 24 | 2.8% | 1.1% | ||
| Q1 24 | 9.4% | 4.0% |
| Q4 25 | 1.9% | -2.8% | ||
| Q3 25 | 3.8% | -0.5% | ||
| Q2 25 | 8.8% | -5.6% | ||
| Q1 25 | 5.5% | -3.2% | ||
| Q4 24 | 15.0% | -2.3% | ||
| Q3 24 | 5.7% | -0.5% | ||
| Q2 24 | 1.9% | -0.5% | ||
| Q1 24 | 6.2% | 0.6% |
| Q4 25 | $-0.02 | $-0.02 | ||
| Q3 25 | $0.84 | $0.00 | ||
| Q2 25 | $2.61 | $-0.07 | ||
| Q1 25 | $1.48 | $-0.04 | ||
| Q4 24 | $4.27 | $-0.03 | ||
| Q3 24 | $1.56 | $-0.01 | ||
| Q2 24 | $0.48 | $-0.01 | ||
| Q1 24 | $1.68 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $4.3M |
| Total DebtLower is stronger | $10.2B | $34.7M |
| Stockholders' EquityBook value | $15.9B | $45.7M |
| Total Assets | $44.5B | $209.2M |
| Debt / EquityLower = less leverage | 0.64× | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $4.3M | ||
| Q3 25 | $3.2B | $9.5M | ||
| Q2 25 | $7.1B | $4.3M | ||
| Q1 25 | $3.9B | $3.9M | ||
| Q4 24 | $3.8B | $6.8M | ||
| Q3 24 | $3.0B | $7.3M | ||
| Q2 24 | $1.3B | $9.6M | ||
| Q1 24 | $3.1B | $4.0M |
| Q4 25 | $10.2B | $34.7M | ||
| Q3 25 | $11.1B | $35.0M | ||
| Q2 25 | $7.7B | $72.7M | ||
| Q1 25 | $5.4B | $68.8M | ||
| Q4 24 | $5.4B | $65.1M | ||
| Q3 24 | $5.4B | $64.9M | ||
| Q2 24 | $4.1B | $66.5M | ||
| Q1 24 | $4.1B | $61.5M |
| Q4 25 | $15.9B | $45.7M | ||
| Q3 25 | $15.8B | $48.0M | ||
| Q2 25 | $10.9B | $10.1M | ||
| Q1 25 | $10.6B | $11.2M | ||
| Q4 24 | $9.9B | $13.2M | ||
| Q3 24 | $10.1B | $14.5M | ||
| Q2 24 | $10.0B | $14.9M | ||
| Q1 24 | $10.6B | $14.6M |
| Q4 25 | $44.5B | $209.2M | ||
| Q3 25 | $46.3B | $222.4M | ||
| Q2 25 | $31.2B | $225.3M | ||
| Q1 25 | $26.7B | $222.9M | ||
| Q4 24 | $24.9B | $227.4M | ||
| Q3 24 | $25.3B | $233.7M | ||
| Q2 24 | $24.4B | $229.9M | ||
| Q1 24 | $25.8B | $227.2M |
| Q4 25 | 0.64× | 0.76× | ||
| Q3 25 | 0.71× | 0.73× | ||
| Q2 25 | 0.71× | 7.19× | ||
| Q1 25 | 0.51× | 6.15× | ||
| Q4 24 | 0.54× | 4.94× | ||
| Q3 24 | 0.54× | 4.47× | ||
| Q2 24 | 0.41× | 4.46× | ||
| Q1 24 | 0.39× | 4.21× |
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 | $1.3B | $-8.7M |
| Free Cash FlowOCF − Capex | $809.0M | $-9.4M |
| FCF MarginFCF / Revenue | 16.6% | -8.3% |
| Capex IntensityCapex / Revenue | 11.0% | 0.6% |
| Cash ConversionOCF / Net Profit | 14.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-879.0M | $-13.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $-8.7M | ||
| Q3 25 | $854.0M | $6.4M | ||
| Q2 25 | $-1.1B | $-3.3M | ||
| Q1 25 | $-285.0M | $-4.1M | ||
| Q4 24 | $1.1B | $2.2M | ||
| Q3 24 | $1.3B | $1.9M | ||
| Q2 24 | $-1.5B | $2.3M | ||
| Q1 24 | $994.0M | $4.9M |
| Q4 25 | $809.0M | $-9.4M | ||
| Q3 25 | $385.0M | $5.6M | ||
| Q2 25 | $-1.5B | $-4.3M | ||
| Q1 25 | $-595.0M | $-5.3M | ||
| Q4 24 | $564.0M | $504.0K | ||
| Q3 24 | $973.0M | $-205.0K | ||
| Q2 24 | $-1.8B | $147.0K | ||
| Q1 24 | $758.0M | $2.2M |
| Q4 25 | 16.6% | -8.3% | ||
| Q3 25 | 8.8% | 5.5% | ||
| Q2 25 | -36.8% | -4.5% | ||
| Q1 25 | -16.2% | -5.9% | ||
| Q4 24 | 14.1% | 0.5% | ||
| Q3 24 | 25.1% | -0.2% | ||
| Q2 24 | -47.4% | 0.2% | ||
| Q1 24 | 19.2% | 2.2% |
| Q4 25 | 11.0% | 0.6% | ||
| Q3 25 | 10.7% | 0.8% | ||
| Q2 25 | 10.1% | 1.0% | ||
| Q1 25 | 8.5% | 1.3% | ||
| Q4 24 | 12.2% | 1.6% | ||
| Q3 24 | 9.1% | 2.2% | ||
| Q2 24 | 8.0% | 2.4% | ||
| Q1 24 | 6.0% | 2.8% |
| Q4 25 | 14.18× | — | ||
| Q3 25 | 5.14× | — | ||
| Q2 25 | -3.03× | — | ||
| Q1 25 | -1.42× | — | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 6.00× | — | ||
| Q2 24 | -21.06× | — | ||
| Q1 24 | 4.07× | 8.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BG
| Other Oilseeds Processing And Refining | $4.6B | 95% |
| Other | $251.0M | 5% |
| Other Products | $3.0M | 0% |
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
