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Side-by-side financial comparison of Black Rock Coffee Bar, Inc. (BRCB) and MEDIFAST INC (MED). Click either name above to swap in a different company.

MEDIFAST INC is the larger business by last-quarter revenue ($75.1M vs $51.5M, roughly 1.5× Black Rock Coffee Bar, Inc.). MEDIFAST INC produced more free cash flow last quarter ($-6.6M vs $-25.8M).

Black Rock Coffee Bar, Inc. is a U.S.-based specialty coffee retail chain that offers handcrafted premium coffee beverages, energy drinks, baked goods, and light snacks. It operates in-store and drive-thru locations primarily across western U.S. states, prioritizing high-quality customizable products and community-focused consumer experiences.

Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.

BRCB vs MED — Head-to-Head

Bigger by revenue
MED
MED
1.5× larger
MED
$75.1M
$51.5M
BRCB
More free cash flow
MED
MED
$19.2M more FCF
MED
$-6.6M
$-25.8M
BRCB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BRCB
BRCB
MED
MED
Revenue
$51.5M
$75.1M
Net Profit
$-712.0K
Gross Margin
69.4%
Operating Margin
-12.4%
-10.4%
Net Margin
-1.4%
Revenue YoY
-36.9%
Net Profit YoY
EPS (diluted)
$-0.05
$-1.64

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
BRCB
BRCB
MED
MED
Q4 25
$75.1M
Q3 25
$51.5M
$89.4M
Q2 25
$105.6M
Q1 25
$115.7M
Q4 24
$119.0M
Q3 24
$140.2M
Q2 24
$168.6M
Q1 24
$174.7M
Net Profit
BRCB
BRCB
MED
MED
Q4 25
Q3 25
$-712.0K
$-2.3M
Q2 25
$2.5M
Q1 25
$-772.0K
Q4 24
Q3 24
$1.1M
Q2 24
$-8.2M
Q1 24
$8.3M
Gross Margin
BRCB
BRCB
MED
MED
Q4 25
69.4%
Q3 25
69.5%
Q2 25
72.6%
Q1 25
72.8%
Q4 24
74.1%
Q3 24
75.4%
Q2 24
73.2%
Q1 24
72.8%
Operating Margin
BRCB
BRCB
MED
MED
Q4 25
-10.4%
Q3 25
-12.4%
-4.6%
Q2 25
-1.0%
Q1 25
-1.1%
Q4 24
0.6%
Q3 24
1.5%
Q2 24
-4.7%
Q1 24
4.5%
Net Margin
BRCB
BRCB
MED
MED
Q4 25
Q3 25
-1.4%
-2.5%
Q2 25
2.3%
Q1 25
-0.7%
Q4 24
Q3 24
0.8%
Q2 24
-4.8%
Q1 24
4.8%
EPS (diluted)
BRCB
BRCB
MED
MED
Q4 25
$-1.64
Q3 25
$-0.05
$-0.21
Q2 25
$0.22
Q1 25
$-0.07
Q4 24
$0.08
Q3 24
$0.10
Q2 24
$-0.75
Q1 24
$0.76

Balance Sheet & Financial Strength

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

Metric
BRCB
BRCB
MED
MED
Cash + ST InvestmentsLiquidity on hand
$32.6M
$167.3M
Total DebtLower is stronger
$20.0M
Stockholders' EquityBook value
$43.0M
$198.9M
Total Assets
$323.2M
$248.0M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCB
BRCB
MED
MED
Q4 25
$167.3M
Q3 25
$32.6M
$173.5M
Q2 25
$162.7M
Q1 25
$164.6M
Q4 24
$162.3M
Q3 24
$170.0M
Q2 24
$163.5M
Q1 24
$156.4M
Total Debt
BRCB
BRCB
MED
MED
Q4 25
Q3 25
$20.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BRCB
BRCB
MED
MED
Q4 25
$198.9M
Q3 25
$43.0M
$214.7M
Q2 25
$216.0M
Q1 25
$211.0M
Q4 24
$210.1M
Q3 24
$207.3M
Q2 24
$205.3M
Q1 24
$211.0M
Total Assets
BRCB
BRCB
MED
MED
Q4 25
$248.0M
Q3 25
$323.2M
$268.2M
Q2 25
$269.3M
Q1 25
$280.0M
Q4 24
$284.2M
Q3 24
$291.2M
Q2 24
$293.5M
Q1 24
$302.8M
Debt / Equity
BRCB
BRCB
MED
MED
Q4 25
Q3 25
0.46×
Q2 25
Q1 25
Q4 24
Q3 24
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
BRCB
BRCB
MED
MED
Operating Cash FlowLast quarter
$-2.9M
$-5.3M
Free Cash FlowOCF − Capex
$-25.8M
$-6.6M
FCF MarginFCF / Revenue
-50.2%
-8.8%
Capex IntensityCapex / Revenue
44.5%
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCB
BRCB
MED
MED
Q4 25
$-5.3M
Q3 25
$-2.9M
$12.1M
Q2 25
$-3.4M
Q1 25
$3.4M
Q4 24
$-4.9M
Q3 24
$9.1M
Q2 24
$13.1M
Q1 24
$7.3M
Free Cash Flow
BRCB
BRCB
MED
MED
Q4 25
$-6.6M
Q3 25
$-25.8M
$10.8M
Q2 25
$-4.8M
Q1 25
$1.9M
Q4 24
$-7.2M
Q3 24
$7.7M
Q2 24
$11.1M
Q1 24
$5.4M
FCF Margin
BRCB
BRCB
MED
MED
Q4 25
-8.8%
Q3 25
-50.2%
12.0%
Q2 25
-4.5%
Q1 25
1.6%
Q4 24
-6.1%
Q3 24
5.5%
Q2 24
6.6%
Q1 24
3.1%
Capex Intensity
BRCB
BRCB
MED
MED
Q4 25
1.8%
Q3 25
44.5%
1.5%
Q2 25
1.3%
Q1 25
1.3%
Q4 24
1.9%
Q3 24
1.0%
Q2 24
1.1%
Q1 24
1.1%
Cash Conversion
BRCB
BRCB
MED
MED
Q4 25
Q3 25
Q2 25
-1.36×
Q1 25
Q4 24
Q3 24
8.04×
Q2 24
Q1 24
0.88×

Financial Flow Comparison

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

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