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Side-by-side financial comparison of BELLRING BRANDS, INC. (BRBR) and BARFRESH FOOD GROUP INC. (BRFH). Click either name above to swap in a different company.
BELLRING BRANDS, INC. is the larger business by last-quarter revenue ($537.3M vs $5.4M, roughly 99.1× BARFRESH FOOD GROUP INC.). BELLRING BRANDS, INC. runs the higher net margin — 8.1% vs -14.1%, a 22.2% gap on every dollar of revenue. On growth, BARFRESH FOOD GROUP INC. posted the faster year-over-year revenue change (94.5% vs 0.8%). BARFRESH FOOD GROUP INC. produced more free cash flow last quarter ($426.0K vs $-7.3M). Over the past eight quarters, BARFRESH FOOD GROUP INC.'s revenue compounded faster (38.4% CAGR vs 4.2%).
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.
Barfresh Food Group Inc. is a specialized food and beverage firm that develops, manufactures, and distributes frozen ready-to-blend smoothies, frappes, and related beverage products. Its core client base includes quick service restaurants, K-12 schools, healthcare facilities, and hospitality operators across North America, delivering portion-controlled, easy-to-prepare solutions that cut down on front-of-house preparation work for food service partners.
BRBR vs BRFH — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $537.3M | $5.4M |
| Net Profit | $43.7M | $-763.0K |
| Gross Margin | 29.9% | 2.9% |
| Operating Margin | 14.6% | -28.9% |
| Net Margin | 8.1% | -14.1% |
| Revenue YoY | 0.8% | 94.5% |
| Net Profit YoY | -43.2% | 10.4% |
| EPS (diluted) | $0.36 | $-0.04 |
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 | $537.3M | $5.4M | ||
| Q3 25 | $648.2M | $4.2M | ||
| Q2 25 | $547.5M | $1.6M | ||
| Q1 25 | $588.0M | $2.9M | ||
| Q4 24 | $532.9M | $2.8M | ||
| Q3 24 | $555.8M | $3.6M | ||
| Q2 24 | $515.4M | $1.5M | ||
| Q1 24 | $494.6M | $2.8M |
| Q4 25 | $43.7M | $-763.0K | ||
| Q3 25 | $59.6M | $-290.0K | ||
| Q2 25 | $21.0M | $-880.0K | ||
| Q1 25 | $58.7M | $-761.0K | ||
| Q4 24 | $76.9M | $-852.0K | ||
| Q3 24 | $71.7M | $-513.0K | ||
| Q2 24 | $73.7M | $-1.0M | ||
| Q1 24 | $57.2M | $-449.0K |
| Q4 25 | 29.9% | 2.9% | ||
| Q3 25 | 28.9% | 36.7% | ||
| Q2 25 | 35.4% | 31.1% | ||
| Q1 25 | 32.3% | 30.7% | ||
| Q4 24 | 37.5% | 26.2% | ||
| Q3 24 | 36.9% | 34.6% | ||
| Q2 24 | 36.8% | 34.8% | ||
| Q1 24 | 33.2% | 41.4% |
| Q4 25 | 14.6% | -28.9% | ||
| Q3 25 | 15.8% | -6.1% | ||
| Q2 25 | 8.2% | -53.4% | ||
| Q1 25 | 16.2% | -25.2% | ||
| Q4 24 | 21.6% | -29.5% | ||
| Q3 24 | 20.2% | -13.7% | ||
| Q2 24 | 21.7% | -68.6% | ||
| Q1 24 | 18.4% | -15.8% |
| Q4 25 | 8.1% | -14.1% | ||
| Q3 25 | 9.2% | -6.9% | ||
| Q2 25 | 3.8% | -54.2% | ||
| Q1 25 | 10.0% | -26.0% | ||
| Q4 24 | 14.4% | -30.6% | ||
| Q3 24 | 12.9% | -14.1% | ||
| Q2 24 | 14.3% | -69.1% | ||
| Q1 24 | 11.6% | -15.9% |
| Q4 25 | $0.36 | $-0.04 | ||
| Q3 25 | $0.48 | $-0.02 | ||
| Q2 25 | $0.16 | $-0.06 | ||
| Q1 25 | $0.45 | $-0.05 | ||
| Q4 24 | $0.59 | $-0.06 | ||
| Q3 24 | $0.54 | $-0.03 | ||
| Q2 24 | $0.56 | $-0.07 | ||
| Q1 24 | $0.43 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $64.1M | — |
| Total DebtLower is stronger | $1.2B | $766.0K |
| Stockholders' EquityBook value | $-510.7M | $1.3M |
| Total Assets | $1.1B | $12.8M |
| Debt / EquityLower = less leverage | — | 0.58× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.1M | — | ||
| Q3 25 | $71.8M | — | ||
| Q2 25 | $43.7M | — | ||
| Q1 25 | $28.1M | — | ||
| Q4 24 | $49.6M | — | ||
| Q3 24 | $70.8M | — | ||
| Q2 24 | $72.6M | — | ||
| Q1 24 | $79.3M | $1.2M |
| Q4 25 | $1.2B | $766.0K | ||
| Q3 25 | $1.1B | $596.0K | ||
| Q2 25 | $1.0B | $176.0K | ||
| Q1 25 | $953.7M | $200.0K | ||
| Q4 24 | $833.4M | $223.0K | ||
| Q3 24 | $833.1M | $246.0K | ||
| Q2 24 | $832.7M | — | ||
| Q1 24 | $832.4M | — |
| Q4 25 | $-510.7M | $1.3M | ||
| Q3 25 | $-453.9M | $1.9M | ||
| Q2 25 | $-309.9M | $2.0M | ||
| Q1 25 | $-254.1M | $2.8M | ||
| Q4 24 | $-146.6M | $578.0K | ||
| Q3 24 | $-205.9M | $1.4M | ||
| Q2 24 | $-243.2M | $1.7M | ||
| Q1 24 | $-247.7M | $2.5M |
| Q4 25 | $1.1B | $12.8M | ||
| Q3 25 | $941.0M | $6.8M | ||
| Q2 25 | $993.7M | $3.8M | ||
| Q1 25 | $947.5M | $5.3M | ||
| Q4 24 | $885.2M | $3.3M | ||
| Q3 24 | $837.0M | $3.8M | ||
| Q2 24 | $804.1M | $3.3M | ||
| Q1 24 | $765.0M | $4.7M |
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.18× | ||
| 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 | $-3.1M | $507.0K |
| Free Cash FlowOCF − Capex | $-7.3M | $426.0K |
| FCF MarginFCF / Revenue | -1.4% | 7.9% |
| Capex IntensityCapex / Revenue | 0.8% | 1.5% |
| Cash ConversionOCF / Net Profit | -0.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $246.9M | $-1.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.1M | $507.0K | ||
| Q3 25 | $169.1M | $-598.0K | ||
| Q2 25 | $40.3M | $-1.1M | ||
| Q1 25 | $48.2M | $-506.0K | ||
| Q4 24 | $3.0M | $-685.0K | ||
| Q3 24 | $40.1M | $5.0K | ||
| Q2 24 | $69.0M | $-780.0K | ||
| Q1 24 | $16.3M | $-769.0K |
| Q4 25 | $-7.3M | $426.0K | ||
| Q3 25 | $168.1M | $-650.0K | ||
| Q2 25 | $38.5M | $-1.1M | ||
| Q1 25 | $47.6M | $-534.0K | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $38.9M | $-52.0K | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $16.0M | — |
| Q4 25 | -1.4% | 7.9% | ||
| Q3 25 | 25.9% | -15.4% | ||
| Q2 25 | 7.0% | -69.8% | ||
| Q1 25 | 8.1% | -18.2% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 7.0% | -1.4% | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 3.2% | — |
| Q4 25 | 0.8% | 1.5% | ||
| Q3 25 | 0.2% | 1.2% | ||
| Q2 25 | 0.3% | 4.1% | ||
| Q1 25 | 0.1% | 1.0% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | 1.6% | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.1% | — |
| Q4 25 | -0.07× | — | ||
| Q3 25 | 2.84× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.94× | — | ||
| Q1 24 | 0.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
BRFH
Segment breakdown not available.
