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Side-by-side financial comparison of BRC Inc. (BRCC) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.
DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $112.7M, roughly 1.6× BRC Inc.). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -2.8%, a 9.8% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 6.5%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $-9.4M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 7.0%).
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.
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...
BRCC vs PLOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $112.7M | $184.5M |
| Net Profit | $-3.2M | $12.8M |
| Gross Margin | 32.1% | 26.1% |
| Operating Margin | -6.3% | 10.5% |
| Net Margin | -2.8% | 7.0% |
| Revenue YoY | 6.5% | 28.6% |
| Net Profit YoY | -29.3% | 62.3% |
| EPS (diluted) | $-0.02 | $0.54 |
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 | $184.5M | ||
| Q3 25 | $100.7M | $162.1M | ||
| Q2 25 | $94.8M | $194.3M | ||
| Q1 25 | $90.0M | $115.1M | ||
| Q4 24 | $105.9M | $143.5M | ||
| Q3 24 | $98.2M | $129.4M | ||
| Q2 24 | $89.0M | $199.9M | ||
| Q1 24 | $98.4M | $95.7M |
| Q4 25 | $-3.2M | $12.8M | ||
| Q3 25 | $-486.0K | $8.0M | ||
| Q2 25 | $-5.3M | $26.0M | ||
| Q1 25 | $-2.9M | $148.0K | ||
| Q4 24 | $-2.5M | $7.9M | ||
| Q3 24 | $-535.0K | $32.3M | ||
| Q2 24 | $-482.0K | $24.3M | ||
| Q1 24 | $548.0K | $-8.4M |
| Q4 25 | 32.1% | 26.1% | ||
| Q3 25 | 36.9% | 23.5% | ||
| Q2 25 | 33.9% | 31.0% | ||
| Q1 25 | 36.1% | 24.5% | ||
| Q4 24 | 38.1% | 24.9% | ||
| Q3 24 | 42.1% | 23.9% | ||
| Q2 24 | 41.9% | 30.7% | ||
| Q1 24 | 42.9% | 19.8% |
| Q4 25 | -6.3% | 10.5% | ||
| Q3 25 | 0.5% | 8.7% | ||
| Q2 25 | -13.3% | 19.0% | ||
| Q1 25 | -6.0% | 2.8% | ||
| Q4 24 | -2.1% | 9.0% | ||
| Q3 24 | 1.1% | 35.4% | ||
| Q2 24 | 1.1% | 18.2% | ||
| Q1 24 | 4.0% | -6.7% |
| Q4 25 | -2.8% | 7.0% | ||
| Q3 25 | -0.5% | 4.9% | ||
| Q2 25 | -5.6% | 13.4% | ||
| Q1 25 | -3.2% | 0.1% | ||
| Q4 24 | -2.3% | 5.5% | ||
| Q3 24 | -0.5% | 24.9% | ||
| Q2 24 | -0.5% | 12.2% | ||
| Q1 24 | 0.6% | -8.7% |
| Q4 25 | $-0.02 | $0.54 | ||
| Q3 25 | $0.00 | $0.33 | ||
| Q2 25 | $-0.07 | $1.09 | ||
| Q1 25 | $-0.04 | $0.00 | ||
| Q4 24 | $-0.03 | $0.35 | ||
| Q3 24 | $-0.01 | $1.36 | ||
| Q2 24 | $-0.01 | $1.02 | ||
| Q1 24 | $0.01 | $-0.37 |
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 | $144.0M |
| Stockholders' EquityBook value | $45.7M | $281.4M |
| Total Assets | $209.2M | $626.7M |
| Debt / EquityLower = less leverage | 0.76× | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| 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 24 | $4.0M | — |
| Q4 25 | $34.7M | $144.0M | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $72.7M | — | ||
| Q1 25 | $68.8M | — | ||
| Q4 24 | $65.1M | $147.5M | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
| Q4 25 | $45.7M | $281.4M | ||
| Q3 25 | $48.0M | $275.3M | ||
| Q2 25 | $10.1M | $273.3M | ||
| Q1 25 | $11.2M | $258.9M | ||
| Q4 24 | $13.2M | $264.2M | ||
| Q3 24 | $14.5M | $260.8M | ||
| Q2 24 | $14.9M | $236.7M | ||
| Q1 24 | $14.6M | $217.2M |
| Q4 25 | $209.2M | $626.7M | ||
| Q3 25 | $222.4M | $694.9M | ||
| Q2 25 | $225.3M | $671.5M | ||
| Q1 25 | $222.9M | $621.0M | ||
| Q4 24 | $227.4M | $590.0M | ||
| Q3 24 | $233.7M | $665.6M | ||
| Q2 24 | $229.9M | $617.0M | ||
| Q1 24 | $227.2M | $577.1M |
| Q4 25 | 0.76× | 0.51× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 7.19× | — | ||
| Q1 25 | 6.15× | — | ||
| Q4 24 | 4.94× | 0.56× | ||
| 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 | $95.9M |
| Free Cash FlowOCF − Capex | $-9.4M | $92.8M |
| FCF MarginFCF / Revenue | -8.3% | 50.3% |
| Capex IntensityCapex / Revenue | 0.6% | 1.7% |
| Cash ConversionOCF / Net Profit | — | 7.47× |
| TTM Free Cash FlowTrailing 4 quarters | $-13.5M | $63.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $95.9M | ||
| Q3 25 | $6.4M | $-8.5M | ||
| Q2 25 | $-3.3M | $-11.4M | ||
| Q1 25 | $-4.1M | $-1.3M | ||
| Q4 24 | $2.2M | $74.4M | ||
| Q3 24 | $1.9M | $-14.2M | ||
| Q2 24 | $2.3M | $2.5M | ||
| Q1 24 | $4.9M | $-21.6M |
| Q4 25 | $-9.4M | $92.8M | ||
| Q3 25 | $5.6M | $-11.4M | ||
| Q2 25 | $-4.3M | $-14.3M | ||
| Q1 25 | $-5.3M | $-3.5M | ||
| Q4 24 | $504.0K | $70.2M | ||
| Q3 24 | $-205.0K | $-15.2M | ||
| Q2 24 | $147.0K | $836.0K | ||
| Q1 24 | $2.2M | $-22.4M |
| Q4 25 | -8.3% | 50.3% | ||
| Q3 25 | 5.5% | -7.1% | ||
| Q2 25 | -4.5% | -7.4% | ||
| Q1 25 | -5.9% | -3.0% | ||
| Q4 24 | 0.5% | 48.9% | ||
| Q3 24 | -0.2% | -11.8% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 2.2% | -23.4% |
| Q4 25 | 0.6% | 1.7% | ||
| Q3 25 | 0.8% | 1.8% | ||
| Q2 25 | 1.0% | 1.5% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 1.6% | 2.9% | ||
| Q3 24 | 2.2% | 0.8% | ||
| Q2 24 | 2.4% | 0.8% | ||
| Q1 24 | 2.8% | 0.8% |
| Q4 25 | — | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | 8.97× | — |
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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
