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Side-by-side financial comparison of BELLRING BRANDS, INC. (BRBR) and Coca-Cola Company (The) (KO). Click either name above to swap in a different company.

Coca-Cola Company (The) is the larger business by last-quarter revenue ($11.8B vs $537.3M, roughly 22.0× BELLRING BRANDS, INC.). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 8.1%, a 11.1% gap on every dollar of revenue. On growth, Coca-Cola Company (The) posted the faster year-over-year revenue change (2.4% vs 0.8%). Coca-Cola Company (The) produced more free cash flow last quarter ($2.9B vs $-7.3M). Over the past eight quarters, BELLRING BRANDS, INC.'s revenue compounded faster (4.2% CAGR vs 2.3%).

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.

The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indices.

BRBR vs KO — Head-to-Head

Bigger by revenue
KO
KO
22.0× larger
KO
$11.8B
$537.3M
BRBR
Growing faster (revenue YoY)
KO
KO
+1.6% gap
KO
2.4%
0.8%
BRBR
Higher net margin
KO
KO
11.1% more per $
KO
19.2%
8.1%
BRBR
More free cash flow
KO
KO
$2.9B more FCF
KO
$2.9B
$-7.3M
BRBR
Faster 2-yr revenue CAGR
BRBR
BRBR
Annualised
BRBR
4.2%
2.3%
KO

Income Statement — Q1 2026 vs Q4 2025

Metric
BRBR
BRBR
KO
KO
Revenue
$537.3M
$11.8B
Net Profit
$43.7M
$2.3B
Gross Margin
29.9%
60.0%
Operating Margin
14.6%
15.6%
Net Margin
8.1%
19.2%
Revenue YoY
0.8%
2.4%
Net Profit YoY
-43.2%
3.5%
EPS (diluted)
$0.36
$0.53

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
BRBR
BRBR
KO
KO
Q4 25
$537.3M
$11.8B
Q3 25
$648.2M
$12.5B
Q2 25
$547.5M
$12.5B
Q1 25
$588.0M
$11.1B
Q4 24
$532.9M
$11.5B
Q3 24
$555.8M
$11.9B
Q2 24
$515.4M
$12.4B
Q1 24
$494.6M
$11.3B
Net Profit
BRBR
BRBR
KO
KO
Q4 25
$43.7M
$2.3B
Q3 25
$59.6M
$3.7B
Q2 25
$21.0M
$3.8B
Q1 25
$58.7M
$3.3B
Q4 24
$76.9M
$2.2B
Q3 24
$71.7M
$2.8B
Q2 24
$73.7M
$2.4B
Q1 24
$57.2M
$3.2B
Gross Margin
BRBR
BRBR
KO
KO
Q4 25
29.9%
60.0%
Q3 25
28.9%
61.5%
Q2 25
35.4%
62.4%
Q1 25
32.3%
62.6%
Q4 24
37.5%
60.0%
Q3 24
36.9%
60.7%
Q2 24
36.8%
61.1%
Q1 24
33.2%
62.5%
Operating Margin
BRBR
BRBR
KO
KO
Q4 25
14.6%
15.6%
Q3 25
15.8%
32.0%
Q2 25
8.2%
34.1%
Q1 25
16.2%
32.9%
Q4 24
21.6%
23.5%
Q3 24
20.2%
21.2%
Q2 24
21.7%
21.3%
Q1 24
18.4%
18.9%
Net Margin
BRBR
BRBR
KO
KO
Q4 25
8.1%
19.2%
Q3 25
9.2%
29.7%
Q2 25
3.8%
30.4%
Q1 25
10.0%
29.9%
Q4 24
14.4%
19.0%
Q3 24
12.9%
24.0%
Q2 24
14.3%
19.5%
Q1 24
11.6%
28.1%
EPS (diluted)
BRBR
BRBR
KO
KO
Q4 25
$0.36
$0.53
Q3 25
$0.48
$0.86
Q2 25
$0.16
$0.88
Q1 25
$0.45
$0.77
Q4 24
$0.59
$0.50
Q3 24
$0.54
$0.66
Q2 24
$0.56
$0.56
Q1 24
$0.43
$0.74

Balance Sheet & Financial Strength

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

Metric
BRBR
BRBR
KO
KO
Cash + ST InvestmentsLiquidity on hand
$64.1M
$10.3B
Total DebtLower is stronger
$1.2B
$42.1B
Stockholders' EquityBook value
$-510.7M
$32.2B
Total Assets
$1.1B
$104.8B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRBR
BRBR
KO
KO
Q4 25
$64.1M
$10.3B
Q3 25
$71.8M
$12.7B
Q2 25
$43.7M
$9.6B
Q1 25
$28.1M
$8.4B
Q4 24
$49.6M
$10.8B
Q3 24
$70.8M
$13.9B
Q2 24
$72.6M
$13.7B
Q1 24
$79.3M
$10.4B
Total Debt
BRBR
BRBR
KO
KO
Q4 25
$1.2B
$42.1B
Q3 25
$1.1B
$43.2B
Q2 25
$1.0B
$45.0B
Q1 25
$953.7M
$43.5B
Q4 24
$833.4M
$42.4B
Q3 24
$833.1M
$43.0B
Q2 24
$832.7M
$38.1B
Q1 24
$832.4M
$36.5B
Stockholders' Equity
BRBR
BRBR
KO
KO
Q4 25
$-510.7M
$32.2B
Q3 25
$-453.9M
$31.2B
Q2 25
$-309.9M
$28.6B
Q1 25
$-254.1M
$26.2B
Q4 24
$-146.6M
$24.9B
Q3 24
$-205.9M
$26.5B
Q2 24
$-243.2M
$25.9B
Q1 24
$-247.7M
$26.4B
Total Assets
BRBR
BRBR
KO
KO
Q4 25
$1.1B
$104.8B
Q3 25
$941.0M
$106.0B
Q2 25
$993.7M
$104.3B
Q1 25
$947.5M
$101.7B
Q4 24
$885.2M
$100.5B
Q3 24
$837.0M
$106.3B
Q2 24
$804.1M
$101.2B
Q1 24
$765.0M
$99.4B
Debt / Equity
BRBR
BRBR
KO
KO
Q4 25
1.31×
Q3 25
1.38×
Q2 25
1.57×
Q1 25
1.66×
Q4 24
1.70×
Q3 24
1.62×
Q2 24
1.47×
Q1 24
1.38×

Cash Flow & Capital Efficiency

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

Metric
BRBR
BRBR
KO
KO
Operating Cash FlowLast quarter
$-3.1M
$3.8B
Free Cash FlowOCF − Capex
$-7.3M
$2.9B
FCF MarginFCF / Revenue
-1.4%
24.3%
Capex IntensityCapex / Revenue
0.8%
7.5%
Cash ConversionOCF / Net Profit
-0.07×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$246.9M
$5.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRBR
BRBR
KO
KO
Q4 25
$-3.1M
$3.8B
Q3 25
$169.1M
$5.0B
Q2 25
$40.3M
$3.8B
Q1 25
$48.2M
$-5.2B
Q4 24
$3.0M
$4.0B
Q3 24
$40.1M
$-1.3B
Q2 24
$69.0M
$3.6B
Q1 24
$16.3M
$528.0M
Free Cash Flow
BRBR
BRBR
KO
KO
Q4 25
$-7.3M
$2.9B
Q3 25
$168.1M
$4.6B
Q2 25
$38.5M
$3.4B
Q1 25
$47.6M
$-5.5B
Q4 24
$1.7M
$3.1B
Q3 24
$38.9M
$-1.7B
Q2 24
$68.9M
$3.2B
Q1 24
$16.0M
$158.0M
FCF Margin
BRBR
BRBR
KO
KO
Q4 25
-1.4%
24.3%
Q3 25
25.9%
36.6%
Q2 25
7.0%
26.9%
Q1 25
8.1%
-49.5%
Q4 24
0.3%
27.3%
Q3 24
7.0%
-14.6%
Q2 24
13.4%
25.6%
Q1 24
3.2%
1.4%
Capex Intensity
BRBR
BRBR
KO
KO
Q4 25
0.8%
7.5%
Q3 25
0.2%
3.8%
Q2 25
0.3%
3.5%
Q1 25
0.1%
2.8%
Q4 24
0.2%
7.0%
Q3 24
0.2%
4.0%
Q2 24
0.0%
3.4%
Q1 24
0.1%
3.3%
Cash Conversion
BRBR
BRBR
KO
KO
Q4 25
-0.07×
1.65×
Q3 25
2.84×
1.36×
Q2 25
1.92×
1.00×
Q1 25
0.82×
-1.56×
Q4 24
0.04×
1.80×
Q3 24
0.56×
-0.44×
Q2 24
0.94×
1.49×
Q1 24
0.28×
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRBR
BRBR

Shakesandotherbeverages$432.4M80%
Powders$92.1M17%
Other Products$12.8M2%

KO
KO

Other$7.0B59%
Finished Product Operations$2.4B21%
Concentrate Operations$2.4B20%

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