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Side-by-side financial comparison of BRC Inc. (BRCC) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $112.7M, roughly 1.3× BRC Inc.). Ranger Energy Services, Inc. runs the higher net margin — 2.3% vs -2.8%, a 5.1% gap on every dollar of revenue. On growth, BRC Inc. posted the faster year-over-year revenue change (6.5% vs -0.6%). Ranger Energy Services, Inc. produced more free cash flow last quarter ($17.1M vs $-9.4M). Over the past eight quarters, BRC Inc.'s revenue compounded faster (7.0% CAGR vs 1.9%).

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.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

BRCC vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.3× larger
RNGR
$142.2M
$112.7M
BRCC
Growing faster (revenue YoY)
BRCC
BRCC
+7.1% gap
BRCC
6.5%
-0.6%
RNGR
Higher net margin
RNGR
RNGR
5.1% more per $
RNGR
2.3%
-2.8%
BRCC
More free cash flow
RNGR
RNGR
$26.5M more FCF
RNGR
$17.1M
$-9.4M
BRCC
Faster 2-yr revenue CAGR
BRCC
BRCC
Annualised
BRCC
7.0%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRCC
BRCC
RNGR
RNGR
Revenue
$112.7M
$142.2M
Net Profit
$-3.2M
$3.2M
Gross Margin
32.1%
Operating Margin
-6.3%
2.3%
Net Margin
-2.8%
2.3%
Revenue YoY
6.5%
-0.6%
Net Profit YoY
-29.3%
-44.8%
EPS (diluted)
$-0.02
$0.14

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
BRCC
BRCC
RNGR
RNGR
Q4 25
$112.7M
$142.2M
Q3 25
$100.7M
$128.9M
Q2 25
$94.8M
$140.6M
Q1 25
$90.0M
$135.2M
Q4 24
$105.9M
$143.1M
Q3 24
$98.2M
$153.0M
Q2 24
$89.0M
$138.1M
Q1 24
$98.4M
$136.9M
Net Profit
BRCC
BRCC
RNGR
RNGR
Q4 25
$-3.2M
$3.2M
Q3 25
$-486.0K
$1.2M
Q2 25
$-5.3M
$7.3M
Q1 25
$-2.9M
$600.0K
Q4 24
$-2.5M
$5.8M
Q3 24
$-535.0K
$8.7M
Q2 24
$-482.0K
$4.7M
Q1 24
$548.0K
$-800.0K
Gross Margin
BRCC
BRCC
RNGR
RNGR
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%
Operating Margin
BRCC
BRCC
RNGR
RNGR
Q4 25
-6.3%
2.3%
Q3 25
0.5%
2.0%
Q2 25
-13.3%
6.1%
Q1 25
-6.0%
0.7%
Q4 24
-2.1%
6.2%
Q3 24
1.1%
8.4%
Q2 24
1.1%
5.3%
Q1 24
4.0%
-0.4%
Net Margin
BRCC
BRCC
RNGR
RNGR
Q4 25
-2.8%
2.3%
Q3 25
-0.5%
0.9%
Q2 25
-5.6%
5.2%
Q1 25
-3.2%
0.4%
Q4 24
-2.3%
4.1%
Q3 24
-0.5%
5.7%
Q2 24
-0.5%
3.4%
Q1 24
0.6%
-0.6%
EPS (diluted)
BRCC
BRCC
RNGR
RNGR
Q4 25
$-0.02
$0.14
Q3 25
$0.00
$0.05
Q2 25
$-0.07
$0.32
Q1 25
$-0.04
$0.03
Q4 24
$-0.03
$0.24
Q3 24
$-0.01
$0.39
Q2 24
$-0.01
$0.21
Q1 24
$0.01
$-0.03

Balance Sheet & Financial Strength

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

Metric
BRCC
BRCC
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$4.3M
$10.3M
Total DebtLower is stronger
$34.7M
Stockholders' EquityBook value
$45.7M
$300.1M
Total Assets
$209.2M
$419.3M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCC
BRCC
RNGR
RNGR
Q4 25
$4.3M
$10.3M
Q3 25
$9.5M
$45.2M
Q2 25
$4.3M
$48.9M
Q1 25
$3.9M
$40.3M
Q4 24
$6.8M
$40.9M
Q3 24
$7.3M
$14.8M
Q2 24
$9.6M
$8.7M
Q1 24
$4.0M
$11.1M
Total Debt
BRCC
BRCC
RNGR
RNGR
Q4 25
$34.7M
Q3 25
$35.0M
Q2 25
$72.7M
Q1 25
$68.8M
Q4 24
$65.1M
$0
Q3 24
$64.9M
$0
Q2 24
$66.5M
$0
Q1 24
$61.5M
$0
Stockholders' Equity
BRCC
BRCC
RNGR
RNGR
Q4 25
$45.7M
$300.1M
Q3 25
$48.0M
$270.0M
Q2 25
$10.1M
$276.9M
Q1 25
$11.2M
$272.6M
Q4 24
$13.2M
$273.8M
Q3 24
$14.5M
$267.6M
Q2 24
$14.9M
$260.5M
Q1 24
$14.6M
$261.7M
Total Assets
BRCC
BRCC
RNGR
RNGR
Q4 25
$209.2M
$419.3M
Q3 25
$222.4M
$372.8M
Q2 25
$225.3M
$381.7M
Q1 25
$222.9M
$376.5M
Q4 24
$227.4M
$381.6M
Q3 24
$233.7M
$373.9M
Q2 24
$229.9M
$359.6M
Q1 24
$227.2M
$355.5M
Debt / Equity
BRCC
BRCC
RNGR
RNGR
Q4 25
0.76×
Q3 25
0.73×
Q2 25
7.19×
Q1 25
6.15×
Q4 24
4.94×
0.00×
Q3 24
4.47×
0.00×
Q2 24
4.46×
0.00×
Q1 24
4.21×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRCC
BRCC
RNGR
RNGR
Operating Cash FlowLast quarter
$-8.7M
$24.1M
Free Cash FlowOCF − Capex
$-9.4M
$17.1M
FCF MarginFCF / Revenue
-8.3%
12.0%
Capex IntensityCapex / Revenue
0.6%
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$-13.5M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCC
BRCC
RNGR
RNGR
Q4 25
$-8.7M
$24.1M
Q3 25
$6.4M
$13.6M
Q2 25
$-3.3M
$20.7M
Q1 25
$-4.1M
$10.6M
Q4 24
$2.2M
$32.7M
Q3 24
$1.9M
$17.7M
Q2 24
$2.3M
$22.1M
Q1 24
$4.9M
$12.0M
Free Cash Flow
BRCC
BRCC
RNGR
RNGR
Q4 25
$-9.4M
$17.1M
Q3 25
$5.6M
$8.0M
Q2 25
$-4.3M
$14.4M
Q1 25
$-5.3M
$3.4M
Q4 24
$504.0K
$27.3M
Q3 24
$-205.0K
$10.8M
Q2 24
$147.0K
$6.8M
Q1 24
$2.2M
$5.5M
FCF Margin
BRCC
BRCC
RNGR
RNGR
Q4 25
-8.3%
12.0%
Q3 25
5.5%
6.2%
Q2 25
-4.5%
10.2%
Q1 25
-5.9%
2.5%
Q4 24
0.5%
19.1%
Q3 24
-0.2%
7.1%
Q2 24
0.2%
4.9%
Q1 24
2.2%
4.0%
Capex Intensity
BRCC
BRCC
RNGR
RNGR
Q4 25
0.6%
4.9%
Q3 25
0.8%
4.3%
Q2 25
1.0%
4.5%
Q1 25
1.3%
5.3%
Q4 24
1.6%
3.8%
Q3 24
2.2%
4.5%
Q2 24
2.4%
11.1%
Q1 24
2.8%
4.7%
Cash Conversion
BRCC
BRCC
RNGR
RNGR
Q4 25
7.53×
Q3 25
11.33×
Q2 25
2.84×
Q1 25
17.67×
Q4 24
5.64×
Q3 24
2.03×
Q2 24
4.70×
Q1 24
8.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRCC
BRCC

Sales Channel Through Intermediary$72.9M65%
Sales Channel Directly To Consumer$34.4M31%
Outpost$5.4M5%

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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