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Side-by-side financial comparison of BELLRING BRANDS, INC. (BRBR) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

BELLRING BRANDS, INC. is the larger business by last-quarter revenue ($537.3M vs $362.7M, roughly 1.5× VNET Group, Inc.). BELLRING BRANDS, INC. runs the higher net margin — 8.1% vs -10.7%, a 18.8% gap on every dollar of revenue. BELLRING BRANDS, INC. produced more free cash flow last quarter ($-7.3M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% 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.

VNET Group, Inc. is a leading neutral internet data center service provider operating primarily in China. It offers cloud computing infrastructure, colocation services, managed network solutions, and hybrid cloud support to enterprise clients across technology, finance, and retail sectors, enabling stable, high-performance digital operation foundations for domestic and global businesses expanding in the Chinese market.

BRBR vs VNET — Head-to-Head

Bigger by revenue
BRBR
BRBR
1.5× larger
BRBR
$537.3M
$362.7M
VNET
Higher net margin
BRBR
BRBR
18.8% more per $
BRBR
8.1%
-10.7%
VNET
More free cash flow
BRBR
BRBR
$185.8M more FCF
BRBR
$-7.3M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
4.2%
BRBR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BRBR
BRBR
VNET
VNET
Revenue
$537.3M
$362.7M
Net Profit
$43.7M
$-38.7M
Gross Margin
29.9%
20.9%
Operating Margin
14.6%
0.5%
Net Margin
8.1%
-10.7%
Revenue YoY
0.8%
Net Profit YoY
-43.2%
EPS (diluted)
$0.36

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
VNET
VNET
Q4 25
$537.3M
Q3 25
$648.2M
$362.7M
Q2 25
$547.5M
Q1 25
$588.0M
$309.5M
Q4 24
$532.9M
Q3 24
$555.8M
$302.2M
Q2 24
$515.4M
$274.4M
Q1 24
$494.6M
$262.9M
Net Profit
BRBR
BRBR
VNET
VNET
Q4 25
$43.7M
Q3 25
$59.6M
$-38.7M
Q2 25
$21.0M
Q1 25
$58.7M
$-2.4M
Q4 24
$76.9M
Q3 24
$71.7M
$-2.1M
Q2 24
$73.7M
$-1.1M
Q1 24
$57.2M
$-22.0M
Gross Margin
BRBR
BRBR
VNET
VNET
Q4 25
29.9%
Q3 25
28.9%
20.9%
Q2 25
35.4%
Q1 25
32.3%
25.2%
Q4 24
37.5%
Q3 24
36.9%
23.2%
Q2 24
36.8%
21.3%
Q1 24
33.2%
21.6%
Operating Margin
BRBR
BRBR
VNET
VNET
Q4 25
14.6%
Q3 25
15.8%
0.5%
Q2 25
8.2%
Q1 25
16.2%
0.1%
Q4 24
21.6%
Q3 24
20.2%
24.5%
Q2 24
21.7%
0.2%
Q1 24
18.4%
0.2%
Net Margin
BRBR
BRBR
VNET
VNET
Q4 25
8.1%
Q3 25
9.2%
-10.7%
Q2 25
3.8%
Q1 25
10.0%
-0.8%
Q4 24
14.4%
Q3 24
12.9%
-0.7%
Q2 24
14.3%
-0.4%
Q1 24
11.6%
-8.4%
EPS (diluted)
BRBR
BRBR
VNET
VNET
Q4 25
$0.36
Q3 25
$0.48
Q2 25
$0.16
Q1 25
$0.45
Q4 24
$0.59
Q3 24
$0.54
Q2 24
$0.56
Q1 24
$0.43

Balance Sheet & Financial Strength

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

Metric
BRBR
BRBR
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$64.1M
$492.1M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$-510.7M
$890.8M
Total Assets
$1.1B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRBR
BRBR
VNET
VNET
Q4 25
$64.1M
Q3 25
$71.8M
$492.1M
Q2 25
$43.7M
Q1 25
$28.1M
$544.3M
Q4 24
$49.6M
Q3 24
$70.8M
$219.5M
Q2 24
$72.6M
$247.2M
Q1 24
$79.3M
$246.9M
Total Debt
BRBR
BRBR
VNET
VNET
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$953.7M
Q4 24
$833.4M
Q3 24
$833.1M
$1.2B
Q2 24
$832.7M
Q1 24
$832.4M
Stockholders' Equity
BRBR
BRBR
VNET
VNET
Q4 25
$-510.7M
Q3 25
$-453.9M
$890.8M
Q2 25
$-309.9M
Q1 25
$-254.1M
$927.8M
Q4 24
$-146.6M
Q3 24
$-205.9M
$902.9M
Q2 24
$-243.2M
$900.6M
Q1 24
$-247.7M
$895.1M
Total Assets
BRBR
BRBR
VNET
VNET
Q4 25
$1.1B
Q3 25
$941.0M
$6.1B
Q2 25
$993.7M
Q1 25
$947.5M
$5.4B
Q4 24
$885.2M
Q3 24
$837.0M
$4.3B
Q2 24
$804.1M
$4.0B
Q1 24
$765.0M
$3.9B
Debt / Equity
BRBR
BRBR
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.28×
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
BRBR
BRBR
VNET
VNET
Operating Cash FlowLast quarter
$-3.1M
$113.8M
Free Cash FlowOCF − Capex
$-7.3M
$-193.1M
FCF MarginFCF / Revenue
-1.4%
-53.2%
Capex IntensityCapex / Revenue
0.8%
84.6%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$246.9M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRBR
BRBR
VNET
VNET
Q4 25
$-3.1M
Q3 25
$169.1M
$113.8M
Q2 25
$40.3M
Q1 25
$48.2M
$27.0M
Q4 24
$3.0M
Q3 24
$40.1M
$108.3M
Q2 24
$69.0M
$55.8M
Q1 24
$16.3M
$37.1M
Free Cash Flow
BRBR
BRBR
VNET
VNET
Q4 25
$-7.3M
Q3 25
$168.1M
$-193.1M
Q2 25
$38.5M
Q1 25
$47.6M
$-220.0M
Q4 24
$1.7M
Q3 24
$38.9M
$-95.0M
Q2 24
$68.9M
$-81.6M
Q1 24
$16.0M
$-102.2M
FCF Margin
BRBR
BRBR
VNET
VNET
Q4 25
-1.4%
Q3 25
25.9%
-53.2%
Q2 25
7.0%
Q1 25
8.1%
-71.1%
Q4 24
0.3%
Q3 24
7.0%
-31.4%
Q2 24
13.4%
-29.8%
Q1 24
3.2%
-38.9%
Capex Intensity
BRBR
BRBR
VNET
VNET
Q4 25
0.8%
Q3 25
0.2%
84.6%
Q2 25
0.3%
Q1 25
0.1%
79.8%
Q4 24
0.2%
Q3 24
0.2%
67.3%
Q2 24
0.0%
50.1%
Q1 24
0.1%
53.0%
Cash Conversion
BRBR
BRBR
VNET
VNET
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
BRBR

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

VNET
VNET

Segment breakdown not available.

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