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Side-by-side financial comparison of BRC Inc. (BRCC) and FIRST COMMONWEALTH FINANCIAL CORP (FCF). Click either name above to swap in a different company.
FIRST COMMONWEALTH FINANCIAL CORP is the larger business by last-quarter revenue ($133.7M vs $112.7M, roughly 1.2× BRC Inc.). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs -2.8%, a 30.9% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs 6.5%). Over the past eight quarters, BRC Inc.'s revenue compounded faster (7.0% CAGR vs 5.5%).
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.
First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.
BRCC vs FCF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $112.7M | $133.7M |
| Net Profit | $-3.2M | $37.5M |
| Gross Margin | 32.1% | — |
| Operating Margin | -6.3% | — |
| Net Margin | -2.8% | 28.1% |
| Revenue YoY | 6.5% | 13.0% |
| Net Profit YoY | -29.3% | 14.8% |
| EPS (diluted) | $-0.02 | $0.37 |
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.
| Q1 26 | — | $133.7M | ||
| Q4 25 | $112.7M | $137.9M | ||
| Q3 25 | $100.7M | $136.0M | ||
| Q2 25 | $94.8M | $131.0M | ||
| Q1 25 | $90.0M | $118.0M | ||
| Q4 24 | $105.9M | $120.4M | ||
| Q3 24 | $98.2M | $121.2M | ||
| Q2 24 | $89.0M | $120.2M |
| Q1 26 | — | $37.5M | ||
| Q4 25 | $-3.2M | $44.9M | ||
| Q3 25 | $-486.0K | $41.3M | ||
| Q2 25 | $-5.3M | $33.4M | ||
| Q1 25 | $-2.9M | $32.7M | ||
| Q4 24 | $-2.5M | $35.8M | ||
| Q3 24 | $-535.0K | $32.1M | ||
| Q2 24 | $-482.0K | $37.1M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -6.3% | 40.9% | ||
| Q3 25 | 0.5% | 38.1% | ||
| Q2 25 | -13.3% | 32.1% | ||
| Q1 25 | -6.0% | 34.8% | ||
| Q4 24 | -2.1% | 37.1% | ||
| Q3 24 | 1.1% | 33.4% | ||
| Q2 24 | 1.1% | 38.7% |
| Q1 26 | — | 28.1% | ||
| Q4 25 | -2.8% | 32.5% | ||
| Q3 25 | -0.5% | 30.4% | ||
| Q2 25 | -5.6% | 25.5% | ||
| Q1 25 | -3.2% | 27.7% | ||
| Q4 24 | -2.3% | 29.8% | ||
| Q3 24 | -0.5% | 26.5% | ||
| Q2 24 | -0.5% | 30.9% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $-0.02 | $0.44 | ||
| Q3 25 | $0.00 | $0.39 | ||
| Q2 25 | $-0.07 | $0.32 | ||
| Q1 25 | $-0.04 | $0.32 | ||
| Q4 24 | $-0.03 | $0.35 | ||
| Q3 24 | $-0.01 | $0.31 | ||
| Q2 24 | $-0.01 | $0.36 |
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 | — |
| Total DebtLower is stronger | $34.7M | $154.9M |
| Stockholders' EquityBook value | $45.7M | $1.6B |
| Total Assets | $209.2M | $12.3B |
| Debt / EquityLower = less leverage | 0.76× | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.3M | — | ||
| Q3 25 | $9.5M | — | ||
| Q2 25 | $4.3M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $7.3M | — | ||
| Q2 24 | $9.6M | — |
| Q1 26 | — | $154.9M | ||
| Q4 25 | $34.7M | $261.7M | ||
| Q3 25 | $35.0M | $262.1M | ||
| Q2 25 | $72.7M | $262.4M | ||
| Q1 25 | $68.8M | $262.7M | ||
| Q4 24 | $65.1M | $263.0M | ||
| Q3 24 | $64.9M | $136.3M | ||
| Q2 24 | $66.5M | $136.6M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $45.7M | $1.6B | ||
| Q3 25 | $48.0M | $1.5B | ||
| Q2 25 | $10.1M | $1.5B | ||
| Q1 25 | $11.2M | $1.4B | ||
| Q4 24 | $13.2M | $1.4B | ||
| Q3 24 | $14.5M | $1.4B | ||
| Q2 24 | $14.9M | $1.4B |
| Q1 26 | — | $12.3B | ||
| Q4 25 | $209.2M | $12.3B | ||
| Q3 25 | $222.4M | $12.3B | ||
| Q2 25 | $225.3M | $12.2B | ||
| Q1 25 | $222.9M | $11.8B | ||
| Q4 24 | $227.4M | $11.6B | ||
| Q3 24 | $233.7M | $12.0B | ||
| Q2 24 | $229.9M | $11.6B |
| Q1 26 | — | 0.10× | ||
| Q4 25 | 0.76× | 0.17× | ||
| Q3 25 | 0.73× | 0.17× | ||
| Q2 25 | 7.19× | 0.17× | ||
| Q1 25 | 6.15× | 0.18× | ||
| Q4 24 | 4.94× | 0.19× | ||
| Q3 24 | 4.47× | 0.10× | ||
| Q2 24 | 4.46× | 0.10× |
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 | — |
| Free Cash FlowOCF − Capex | $-9.4M | — |
| FCF MarginFCF / Revenue | -8.3% | — |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-8.7M | $187.5M | ||
| Q3 25 | $6.4M | $49.5M | ||
| Q2 25 | $-3.3M | $30.4M | ||
| Q1 25 | $-4.1M | $55.9M | ||
| Q4 24 | $2.2M | $129.5M | ||
| Q3 24 | $1.9M | $53.6M | ||
| Q2 24 | $2.3M | $22.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.4M | $171.5M | ||
| Q3 25 | $5.6M | — | ||
| Q2 25 | $-4.3M | — | ||
| Q1 25 | $-5.3M | — | ||
| Q4 24 | $504.0K | $113.9M | ||
| Q3 24 | $-205.0K | — | ||
| Q2 24 | $147.0K | — |
| Q1 26 | — | — | ||
| Q4 25 | -8.3% | 124.3% | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | -4.5% | — | ||
| Q1 25 | -5.9% | — | ||
| Q4 24 | 0.5% | 94.6% | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 11.7% | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.6% | 12.9% | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.18× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 1.71× | ||
| Q4 24 | — | 3.61× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 0.61× |
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% |
FCF
Segment breakdown not available.