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Side-by-side financial comparison of BELLRING BRANDS, INC. (BRBR) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Royalty Pharma plc is the larger business by last-quarter revenue ($622.0M vs $537.3M, roughly 1.2× BELLRING BRANDS, INC.). Royalty Pharma plc runs the higher net margin — 34.4% vs 8.1%, a 26.3% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs 0.8%). Over the past eight quarters, Royalty Pharma plc's revenue compounded faster (4.6% 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.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

BRBR vs RPRX — Head-to-Head

Bigger by revenue
RPRX
RPRX
1.2× larger
RPRX
$622.0M
$537.3M
BRBR
Growing faster (revenue YoY)
RPRX
RPRX
+3.9% gap
RPRX
4.8%
0.8%
BRBR
Higher net margin
RPRX
RPRX
26.3% more per $
RPRX
34.4%
8.1%
BRBR
Faster 2-yr revenue CAGR
RPRX
RPRX
Annualised
RPRX
4.6%
4.2%
BRBR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BRBR
BRBR
RPRX
RPRX
Revenue
$537.3M
$622.0M
Net Profit
$43.7M
$214.2M
Gross Margin
29.9%
Operating Margin
14.6%
62.4%
Net Margin
8.1%
34.4%
Revenue YoY
0.8%
4.8%
Net Profit YoY
-43.2%
2.9%
EPS (diluted)
$0.36
$0.49

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
RPRX
RPRX
Q4 25
$537.3M
$622.0M
Q3 25
$648.2M
$609.3M
Q2 25
$547.5M
$578.7M
Q1 25
$588.0M
$568.2M
Q4 24
$532.9M
$593.6M
Q3 24
$555.8M
$564.7M
Q2 24
$515.4M
$537.3M
Q1 24
$494.6M
$568.0M
Net Profit
BRBR
BRBR
RPRX
RPRX
Q4 25
$43.7M
$214.2M
Q3 25
$59.6M
$288.2M
Q2 25
$21.0M
$30.2M
Q1 25
$58.7M
$238.3M
Q4 24
$76.9M
$208.2M
Q3 24
$71.7M
$544.0M
Q2 24
$73.7M
$102.0M
Q1 24
$57.2M
$4.8M
Gross Margin
BRBR
BRBR
RPRX
RPRX
Q4 25
29.9%
Q3 25
28.9%
Q2 25
35.4%
Q1 25
32.3%
Q4 24
37.5%
Q3 24
36.9%
Q2 24
36.8%
Q1 24
33.2%
Operating Margin
BRBR
BRBR
RPRX
RPRX
Q4 25
14.6%
62.4%
Q3 25
15.8%
70.1%
Q2 25
8.2%
36.3%
Q1 25
16.2%
94.0%
Q4 24
21.6%
60.9%
Q3 24
20.2%
Q2 24
21.7%
50.2%
Q1 24
18.4%
-13.0%
Net Margin
BRBR
BRBR
RPRX
RPRX
Q4 25
8.1%
34.4%
Q3 25
9.2%
47.3%
Q2 25
3.8%
5.2%
Q1 25
10.0%
41.9%
Q4 24
14.4%
35.1%
Q3 24
12.9%
96.3%
Q2 24
14.3%
19.0%
Q1 24
11.6%
0.8%
EPS (diluted)
BRBR
BRBR
RPRX
RPRX
Q4 25
$0.36
$0.49
Q3 25
$0.48
$0.67
Q2 25
$0.16
$0.07
Q1 25
$0.45
$0.55
Q4 24
$0.59
$0.46
Q3 24
$0.54
$1.21
Q2 24
$0.56
$0.23
Q1 24
$0.43
$0.01

Balance Sheet & Financial Strength

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

Metric
BRBR
BRBR
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$64.1M
$618.7M
Total DebtLower is stronger
$1.2B
$9.0B
Stockholders' EquityBook value
$-510.7M
$9.7B
Total Assets
$1.1B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRBR
BRBR
RPRX
RPRX
Q4 25
$64.1M
$618.7M
Q3 25
$71.8M
$938.9M
Q2 25
$43.7M
$631.9M
Q1 25
$28.1M
$1.1B
Q4 24
$49.6M
$929.0M
Q3 24
$70.8M
$950.1M
Q2 24
$72.6M
$1.8B
Q1 24
$79.3M
$843.0M
Total Debt
BRBR
BRBR
RPRX
RPRX
Q4 25
$1.2B
$9.0B
Q3 25
$1.1B
$8.9B
Q2 25
$1.0B
$8.0B
Q1 25
$953.7M
$7.6B
Q4 24
$833.4M
$7.6B
Q3 24
$833.1M
$7.6B
Q2 24
$832.7M
$7.6B
Q1 24
$832.4M
$6.1B
Stockholders' Equity
BRBR
BRBR
RPRX
RPRX
Q4 25
$-510.7M
$9.7B
Q3 25
$-453.9M
$9.6B
Q2 25
$-309.9M
$9.5B
Q1 25
$-254.1M
$9.8B
Q4 24
$-146.6M
$10.3B
Q3 24
$-205.9M
$10.3B
Q2 24
$-243.2M
$9.8B
Q1 24
$-247.7M
$9.9B
Total Assets
BRBR
BRBR
RPRX
RPRX
Q4 25
$1.1B
$19.6B
Q3 25
$941.0M
$19.3B
Q2 25
$993.7M
$18.3B
Q1 25
$947.5M
$17.6B
Q4 24
$885.2M
$18.2B
Q3 24
$837.0M
$18.0B
Q2 24
$804.1M
$17.7B
Q1 24
$765.0M
$16.1B
Debt / Equity
BRBR
BRBR
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$-3.1M
$827.1M
Free Cash FlowOCF − Capex
$-7.3M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
-0.07×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$246.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRBR
BRBR
RPRX
RPRX
Q4 25
$-3.1M
$827.1M
Q3 25
$169.1M
$702.6M
Q2 25
$40.3M
$364.0M
Q1 25
$48.2M
$596.1M
Q4 24
$3.0M
$742.5M
Q3 24
$40.1M
$703.6M
Q2 24
$69.0M
$658.2M
Q1 24
$16.3M
$664.6M
Free Cash Flow
BRBR
BRBR
RPRX
RPRX
Q4 25
$-7.3M
Q3 25
$168.1M
Q2 25
$38.5M
Q1 25
$47.6M
Q4 24
$1.7M
Q3 24
$38.9M
Q2 24
$68.9M
Q1 24
$16.0M
FCF Margin
BRBR
BRBR
RPRX
RPRX
Q4 25
-1.4%
Q3 25
25.9%
Q2 25
7.0%
Q1 25
8.1%
Q4 24
0.3%
Q3 24
7.0%
Q2 24
13.4%
Q1 24
3.2%
Capex Intensity
BRBR
BRBR
RPRX
RPRX
Q4 25
0.8%
Q3 25
0.2%
Q2 25
0.3%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
BRBR
BRBR
RPRX
RPRX
Q4 25
-0.07×
3.86×
Q3 25
2.84×
2.44×
Q2 25
1.92×
12.06×
Q1 25
0.82×
2.50×
Q4 24
0.04×
3.57×
Q3 24
0.56×
1.29×
Q2 24
0.94×
6.45×
Q1 24
0.28×
139.10×

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%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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