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Side-by-side financial comparison of BRC Inc. (BRCC) and Donnelley Financial Solutions, Inc. (DFIN). Click either name above to swap in a different company.
Donnelley Financial Solutions, Inc. is the larger business by last-quarter revenue ($172.5M vs $112.7M, roughly 1.5× BRC Inc.). Donnelley Financial Solutions, Inc. runs the higher net margin — 3.6% vs -2.8%, a 6.4% gap on every dollar of revenue. On growth, Donnelley Financial Solutions, Inc. posted the faster year-over-year revenue change (10.4% vs 6.5%). Donnelley Financial Solutions, Inc. produced more free cash flow last quarter ($47.9M vs $-9.4M). Over the past eight quarters, BRC Inc.'s revenue compounded faster (7.0% CAGR vs -7.9%).
BRC Inc., operating under the Black Rifle Coffee brand, is a U.S.-headquartered premium coffee and lifestyle brand. It sells roasted coffee beans, ready-to-drink coffee products, branded apparel, and outdoor gear, targeting primarily veteran, first responder, and outdoor enthusiast consumer segments across North America, via both e-commerce and physical retail channels.
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
BRCC vs DFIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.7M | $172.5M |
| Net Profit | $-3.2M | $6.2M |
| Gross Margin | 32.1% | — |
| Operating Margin | -6.3% | 8.3% |
| Net Margin | -2.8% | 3.6% |
| Revenue YoY | 6.5% | 10.4% |
| Net Profit YoY | -29.3% | -1.6% |
| EPS (diluted) | $-0.02 | $0.31 |
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 | $112.7M | $172.5M | ||
| Q3 25 | $100.7M | $175.3M | ||
| Q2 25 | $94.8M | $218.1M | ||
| Q1 25 | $90.0M | $201.1M | ||
| Q4 24 | $105.9M | $156.3M | ||
| Q3 24 | $98.2M | $179.5M | ||
| Q2 24 | $89.0M | $242.7M | ||
| Q1 24 | $98.4M | $203.4M |
| Q4 25 | $-3.2M | $6.2M | ||
| Q3 25 | $-486.0K | $-40.9M | ||
| Q2 25 | $-5.3M | $36.1M | ||
| Q1 25 | $-2.9M | $31.0M | ||
| Q4 24 | $-2.5M | $6.3M | ||
| Q3 24 | $-535.0K | $8.7M | ||
| Q2 24 | $-482.0K | $44.1M | ||
| Q1 24 | $548.0K | $33.3M |
| Q4 25 | 32.1% | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 33.9% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 41.9% | — | ||
| Q1 24 | 42.9% | — |
| Q4 25 | -6.3% | 8.3% | ||
| Q3 25 | 0.5% | 16.1% | ||
| Q2 25 | -13.3% | 24.2% | ||
| Q1 25 | -6.0% | 22.8% | ||
| Q4 24 | -2.1% | 6.0% | ||
| Q3 24 | 1.1% | 10.1% | ||
| Q2 24 | 1.1% | 26.6% | ||
| Q1 24 | 4.0% | 21.9% |
| Q4 25 | -2.8% | 3.6% | ||
| Q3 25 | -0.5% | -23.3% | ||
| Q2 25 | -5.6% | 16.6% | ||
| Q1 25 | -3.2% | 15.4% | ||
| Q4 24 | -2.3% | 4.0% | ||
| Q3 24 | -0.5% | 4.8% | ||
| Q2 24 | -0.5% | 18.2% | ||
| Q1 24 | 0.6% | 16.4% |
| Q4 25 | $-0.02 | $0.31 | ||
| Q3 25 | $0.00 | $-1.49 | ||
| Q2 25 | $-0.07 | $1.28 | ||
| Q1 25 | $-0.04 | $1.05 | ||
| Q4 24 | $-0.03 | $0.21 | ||
| Q3 24 | $-0.01 | $0.29 | ||
| Q2 24 | $-0.01 | $1.47 | ||
| Q1 24 | $0.01 | $1.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.3M | $24.5M |
| Total DebtLower is stronger | $34.7M | $171.3M |
| Stockholders' EquityBook value | $45.7M | $379.2M |
| Total Assets | $209.2M | $800.4M |
| Debt / EquityLower = less leverage | 0.76× | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.3M | $24.5M | ||
| Q3 25 | $9.5M | $22.7M | ||
| Q2 25 | $4.3M | $33.8M | ||
| Q1 25 | $3.9M | $16.2M | ||
| Q4 24 | $6.8M | $57.3M | ||
| Q3 24 | $7.3M | $33.6M | ||
| Q2 24 | $9.6M | $35.0M | ||
| Q1 24 | $4.0M | $43.7M |
| Q4 25 | $34.7M | $171.3M | ||
| Q3 25 | $35.0M | $154.7M | ||
| Q2 25 | $72.7M | $190.1M | ||
| Q1 25 | $68.8M | $189.5M | ||
| Q4 24 | $65.1M | $124.7M | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
| Q4 25 | $45.7M | $379.2M | ||
| Q3 25 | $48.0M | $423.1M | ||
| Q2 25 | $10.1M | $432.1M | ||
| Q1 25 | $11.2M | $419.9M | ||
| Q4 24 | $13.2M | $436.1M | ||
| Q3 24 | $14.5M | $444.5M | ||
| Q2 24 | $14.9M | $441.5M | ||
| Q1 24 | $14.6M | $408.9M |
| Q4 25 | $209.2M | $800.4M | ||
| Q3 25 | $222.4M | $816.3M | ||
| Q2 25 | $225.3M | $874.7M | ||
| Q1 25 | $222.9M | $852.8M | ||
| Q4 24 | $227.4M | $841.6M | ||
| Q3 24 | $233.7M | $843.6M | ||
| Q2 24 | $229.9M | $882.9M | ||
| Q1 24 | $227.2M | $867.8M |
| Q4 25 | 0.76× | 0.45× | ||
| Q3 25 | 0.73× | 0.37× | ||
| Q2 25 | 7.19× | 0.44× | ||
| Q1 25 | 6.15× | 0.45× | ||
| Q4 24 | 4.94× | 0.29× | ||
| Q3 24 | 4.47× | — | ||
| Q2 24 | 4.46× | — | ||
| Q1 24 | 4.21× | — |
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 | $-8.7M | $59.8M |
| Free Cash FlowOCF − Capex | $-9.4M | $47.9M |
| FCF MarginFCF / Revenue | -8.3% | 27.8% |
| Capex IntensityCapex / Revenue | 0.6% | 6.9% |
| Cash ConversionOCF / Net Profit | — | 9.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-13.5M | $107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $59.8M | ||
| Q3 25 | $6.4M | $74.4M | ||
| Q2 25 | $-3.3M | $68.4M | ||
| Q1 25 | $-4.1M | $-37.7M | ||
| Q4 24 | $2.2M | $56.4M | ||
| Q3 24 | $1.9M | $86.4M | ||
| Q2 24 | $2.3M | $56.2M | ||
| Q1 24 | $4.9M | $-27.9M |
| Q4 25 | $-9.4M | $47.9M | ||
| Q3 25 | $5.6M | $59.2M | ||
| Q2 25 | $-4.3M | $51.7M | ||
| Q1 25 | $-5.3M | $-51.0M | ||
| Q4 24 | $504.0K | $41.3M | ||
| Q3 24 | $-205.0K | $67.3M | ||
| Q2 24 | $147.0K | $36.8M | ||
| Q1 24 | $2.2M | $-40.2M |
| Q4 25 | -8.3% | 27.8% | ||
| Q3 25 | 5.5% | 33.8% | ||
| Q2 25 | -4.5% | 23.7% | ||
| Q1 25 | -5.9% | -25.4% | ||
| Q4 24 | 0.5% | 26.4% | ||
| Q3 24 | -0.2% | 37.5% | ||
| Q2 24 | 0.2% | 15.2% | ||
| Q1 24 | 2.2% | -19.8% |
| Q4 25 | 0.6% | 6.9% | ||
| Q3 25 | 0.8% | 8.7% | ||
| Q2 25 | 1.0% | 7.7% | ||
| Q1 25 | 1.3% | 6.6% | ||
| Q4 24 | 1.6% | 9.7% | ||
| Q3 24 | 2.2% | 10.6% | ||
| Q2 24 | 2.4% | 8.0% | ||
| Q1 24 | 2.8% | 6.0% |
| Q4 25 | — | 9.65× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.89× | ||
| Q1 25 | — | -1.22× | ||
| Q4 24 | — | 8.95× | ||
| Q3 24 | — | 9.93× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | 8.97× | -0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
