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Side-by-side financial comparison of BRC Inc. (BRCC) and SunOpta Inc. (STKL). Click either name above to swap in a different company.
SunOpta Inc. is the larger business by last-quarter revenue ($205.4M vs $112.7M, roughly 1.8× BRC Inc.). SunOpta Inc. runs the higher net margin — 0.4% vs -2.8%, a 3.2% gap on every dollar of revenue. On growth, SunOpta Inc. posted the faster year-over-year revenue change (16.6% vs 6.5%). SunOpta Inc. produced more free cash flow last quarter ($12.1M vs $-9.4M). Over the past eight quarters, SunOpta Inc.'s revenue compounded faster (7.4% 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.
SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.
BRCC vs STKL — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $112.7M | $205.4M |
| Net Profit | $-3.2M | $816.0K |
| Gross Margin | 32.1% | 12.4% |
| Operating Margin | -6.3% | 3.3% |
| Net Margin | -2.8% | 0.4% |
| Revenue YoY | 6.5% | 16.6% |
| Net Profit YoY | -29.3% | 113.1% |
| EPS (diluted) | $-0.02 | $0.01 |
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 | — | ||
| Q3 25 | $100.7M | $205.4M | ||
| Q2 25 | $94.8M | $191.5M | ||
| Q1 25 | $90.0M | $201.6M | ||
| Q4 24 | $105.9M | $193.9M | ||
| Q3 24 | $98.2M | $175.9M | ||
| Q2 24 | $89.0M | $169.5M | ||
| Q1 24 | $98.4M | $184.4M |
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-486.0K | $816.0K | ||
| Q2 25 | $-5.3M | $4.4M | ||
| Q1 25 | $-2.9M | $4.8M | ||
| Q4 24 | $-2.5M | $-8.7M | ||
| Q3 24 | $-535.0K | $-6.2M | ||
| Q2 24 | $-482.0K | $-5.3M | ||
| Q1 24 | $548.0K | $2.9M |
| Q4 25 | 32.1% | — | ||
| Q3 25 | 36.9% | 12.4% | ||
| Q2 25 | 33.9% | 14.8% | ||
| Q1 25 | 36.1% | 15.0% | ||
| Q4 24 | 38.1% | 10.9% | ||
| Q3 24 | 42.1% | 13.0% | ||
| Q2 24 | 41.9% | 12.5% | ||
| Q1 24 | 42.9% | 16.8% |
| Q4 25 | -6.3% | — | ||
| Q3 25 | 0.5% | 3.3% | ||
| Q2 25 | -13.3% | 5.5% | ||
| Q1 25 | -6.0% | 5.2% | ||
| Q4 24 | -2.1% | 1.4% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 1.1% | 1.2% | ||
| Q1 24 | 4.0% | 5.5% |
| Q4 25 | -2.8% | — | ||
| Q3 25 | -0.5% | 0.4% | ||
| Q2 25 | -5.6% | 2.3% | ||
| Q1 25 | -3.2% | 2.4% | ||
| Q4 24 | -2.3% | -4.5% | ||
| Q3 24 | -0.5% | -3.5% | ||
| Q2 24 | -0.5% | -3.1% | ||
| Q1 24 | 0.6% | 1.6% |
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.00 | $0.01 | ||
| Q2 25 | $-0.07 | $0.03 | ||
| Q1 25 | $-0.04 | $0.04 | ||
| Q4 24 | $-0.03 | $-0.08 | ||
| Q3 24 | $-0.01 | $-0.05 | ||
| Q2 24 | $-0.01 | $-0.04 | ||
| Q1 24 | $0.01 | $0.02 |
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 | $2.2M |
| Total DebtLower is stronger | $34.7M | $250.8M |
| Stockholders' EquityBook value | $45.7M | $162.8M |
| Total Assets | $209.2M | $694.1M |
| Debt / EquityLower = less leverage | 0.76× | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.3M | — | ||
| Q3 25 | $9.5M | $2.2M | ||
| Q2 25 | $4.3M | $2.2M | ||
| Q1 25 | $3.9M | $2.3M | ||
| Q4 24 | $6.8M | $1.6M | ||
| Q3 24 | $7.3M | $2.9M | ||
| Q2 24 | $9.6M | $3.2M | ||
| Q1 24 | $4.0M | $1.5M |
| Q4 25 | $34.7M | — | ||
| Q3 25 | $35.0M | $250.8M | ||
| Q2 25 | $72.7M | $263.3M | ||
| Q1 25 | $68.8M | $260.6M | ||
| Q4 24 | $65.1M | $265.2M | ||
| Q3 24 | $64.9M | $289.9M | ||
| Q2 24 | $66.5M | $303.1M | ||
| Q1 24 | $61.5M | $258.8M |
| Q4 25 | $45.7M | — | ||
| Q3 25 | $48.0M | $162.8M | ||
| Q2 25 | $10.1M | $159.8M | ||
| Q1 25 | $11.2M | $154.8M | ||
| Q4 24 | $13.2M | $148.6M | ||
| Q3 24 | $14.5M | $155.0M | ||
| Q2 24 | $14.9M | $158.8M | ||
| Q1 24 | $14.6M | $163.6M |
| Q4 25 | $209.2M | — | ||
| Q3 25 | $222.4M | $694.1M | ||
| Q2 25 | $225.3M | $704.9M | ||
| Q1 25 | $222.9M | $690.7M | ||
| Q4 24 | $227.4M | $668.5M | ||
| Q3 24 | $233.7M | $699.3M | ||
| Q2 24 | $229.9M | $704.7M | ||
| Q1 24 | $227.2M | $671.8M |
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.73× | 1.54× | ||
| Q2 25 | 7.19× | 1.65× | ||
| Q1 25 | 6.15× | 1.68× | ||
| Q4 24 | 4.94× | 1.78× | ||
| Q3 24 | 4.47× | 1.87× | ||
| Q2 24 | 4.46× | 1.91× | ||
| Q1 24 | 4.21× | 1.58× |
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 | $16.3M |
| Free Cash FlowOCF − Capex | $-9.4M | $12.1M |
| FCF MarginFCF / Revenue | -8.3% | 5.9% |
| Capex IntensityCapex / Revenue | 0.6% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 20.03× |
| TTM Free Cash FlowTrailing 4 quarters | $-13.5M | $36.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | — | ||
| Q3 25 | $6.4M | $16.3M | ||
| Q2 25 | $-3.3M | $-4.5M | ||
| Q1 25 | $-4.1M | $22.3M | ||
| Q4 24 | $2.2M | $33.1M | ||
| Q3 24 | $1.9M | $17.2M | ||
| Q2 24 | $2.3M | $-5.6M | ||
| Q1 24 | $4.9M | $5.3M |
| Q4 25 | $-9.4M | — | ||
| Q3 25 | $5.6M | $12.1M | ||
| Q2 25 | $-4.3M | $-9.2M | ||
| Q1 25 | $-5.3M | $9.5M | ||
| Q4 24 | $504.0K | $24.0M | ||
| Q3 24 | $-205.0K | $11.7M | ||
| Q2 24 | $147.0K | $-15.3M | ||
| Q1 24 | $2.2M | $-2.3M |
| Q4 25 | -8.3% | — | ||
| Q3 25 | 5.5% | 5.9% | ||
| Q2 25 | -4.5% | -4.8% | ||
| Q1 25 | -5.9% | 4.7% | ||
| Q4 24 | 0.5% | 12.4% | ||
| Q3 24 | -0.2% | 6.6% | ||
| Q2 24 | 0.2% | -9.0% | ||
| Q1 24 | 2.2% | -1.2% |
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.8% | 2.1% | ||
| Q2 25 | 1.0% | 2.5% | ||
| Q1 25 | 1.3% | 6.3% | ||
| Q4 24 | 1.6% | 4.7% | ||
| Q3 24 | 2.2% | 3.2% | ||
| Q2 24 | 2.4% | 5.7% | ||
| Q1 24 | 2.8% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 20.03× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | — | 4.63× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 8.97× | 1.83× |
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% |
STKL
| Beverages And Broths | $161.4M | 79% |
| Fruit Snacks | $40.9M | 20% |
| Ingredients | $3.1M | 2% |
