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Side-by-side financial comparison of BRC Inc. (BRCC) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.

BRC Inc. is the larger business by last-quarter revenue ($112.7M vs $111.7M, roughly 1.0× ZIPRECRUITER, INC.). ZIPRECRUITER, INC. runs the higher net margin — -0.7% vs -2.8%, a 2.1% gap on every dollar of revenue. On growth, BRC Inc. posted the faster year-over-year revenue change (6.5% vs 0.6%). ZIPRECRUITER, INC. produced more free cash flow last quarter ($7.6M vs $-9.4M). Over the past eight quarters, BRC Inc.'s revenue compounded faster (7.0% CAGR vs -4.4%).

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.

BRCC vs ZIP — Head-to-Head

Bigger by revenue
BRCC
BRCC
1.0× larger
BRCC
$112.7M
$111.7M
ZIP
Growing faster (revenue YoY)
BRCC
BRCC
+5.9% gap
BRCC
6.5%
0.6%
ZIP
Higher net margin
ZIP
ZIP
2.1% more per $
ZIP
-0.7%
-2.8%
BRCC
More free cash flow
ZIP
ZIP
$17.0M more FCF
ZIP
$7.6M
$-9.4M
BRCC
Faster 2-yr revenue CAGR
BRCC
BRCC
Annualised
BRCC
7.0%
-4.4%
ZIP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRCC
BRCC
ZIP
ZIP
Revenue
$112.7M
$111.7M
Net Profit
$-3.2M
$-835.0K
Gross Margin
32.1%
89.1%
Operating Margin
-6.3%
3.6%
Net Margin
-2.8%
-0.7%
Revenue YoY
6.5%
0.6%
Net Profit YoY
-29.3%
92.3%
EPS (diluted)
$-0.02
$-0.03

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
ZIP
ZIP
Q4 25
$112.7M
$111.7M
Q3 25
$100.7M
$115.0M
Q2 25
$94.8M
$112.2M
Q1 25
$90.0M
$110.1M
Q4 24
$105.9M
$111.0M
Q3 24
$98.2M
$117.1M
Q2 24
$89.0M
$123.7M
Q1 24
$98.4M
$122.2M
Net Profit
BRCC
BRCC
ZIP
ZIP
Q4 25
$-3.2M
$-835.0K
Q3 25
$-486.0K
$-9.8M
Q2 25
$-5.3M
$-9.5M
Q1 25
$-2.9M
$-12.8M
Q4 24
$-2.5M
$-10.8M
Q3 24
$-535.0K
$-2.6M
Q2 24
$-482.0K
$7.0M
Q1 24
$548.0K
$-6.5M
Gross Margin
BRCC
BRCC
ZIP
ZIP
Q4 25
32.1%
89.1%
Q3 25
36.9%
89.1%
Q2 25
33.9%
89.3%
Q1 25
36.1%
89.4%
Q4 24
38.1%
89.6%
Q3 24
42.1%
89.4%
Q2 24
41.9%
89.5%
Q1 24
42.9%
89.1%
Operating Margin
BRCC
BRCC
ZIP
ZIP
Q4 25
-6.3%
3.6%
Q3 25
0.5%
-4.4%
Q2 25
-13.3%
-5.9%
Q1 25
-6.0%
-10.6%
Q4 24
-2.1%
-3.6%
Q3 24
1.1%
-2.8%
Q2 24
1.1%
7.6%
Q1 24
4.0%
-0.7%
Net Margin
BRCC
BRCC
ZIP
ZIP
Q4 25
-2.8%
-0.7%
Q3 25
-0.5%
-8.5%
Q2 25
-5.6%
-8.5%
Q1 25
-3.2%
-11.7%
Q4 24
-2.3%
-9.7%
Q3 24
-0.5%
-2.2%
Q2 24
-0.5%
5.7%
Q1 24
0.6%
-5.3%
EPS (diluted)
BRCC
BRCC
ZIP
ZIP
Q4 25
$-0.02
$-0.03
Q3 25
$0.00
$-0.11
Q2 25
$-0.07
$-0.10
Q1 25
$-0.04
$-0.13
Q4 24
$-0.03
$-0.10
Q3 24
$-0.01
$-0.03
Q2 24
$-0.01
$0.07
Q1 24
$0.01
$-0.07

Balance Sheet & Financial Strength

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

Metric
BRCC
BRCC
ZIP
ZIP
Cash + ST InvestmentsLiquidity on hand
$4.3M
$188.0M
Total DebtLower is stronger
$34.7M
Stockholders' EquityBook value
$45.7M
$-77.2M
Total Assets
$209.2M
$569.7M
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCC
BRCC
ZIP
ZIP
Q4 25
$4.3M
$188.0M
Q3 25
$9.5M
$211.8M
Q2 25
$4.3M
$203.5M
Q1 25
$3.9M
$221.1M
Q4 24
$6.8M
$218.4M
Q3 24
$7.3M
$225.6M
Q2 24
$9.6M
$271.7M
Q1 24
$4.0M
$282.5M
Total Debt
BRCC
BRCC
ZIP
ZIP
Q4 25
$34.7M
Q3 25
$35.0M
Q2 25
$72.7M
Q1 25
$68.8M
Q4 24
$65.1M
Q3 24
$64.9M
Q2 24
$66.5M
Q1 24
$61.5M
Stockholders' Equity
BRCC
BRCC
ZIP
ZIP
Q4 25
$45.7M
$-77.2M
Q3 25
$48.0M
$-76.1M
Q2 25
$10.1M
$-65.9M
Q1 25
$11.2M
$-11.3M
Q4 24
$13.2M
$13.4M
Q3 24
$14.5M
$13.6M
Q2 24
$14.9M
$24.4M
Q1 24
$14.6M
$12.7M
Total Assets
BRCC
BRCC
ZIP
ZIP
Q4 25
$209.2M
$569.7M
Q3 25
$222.4M
$573.6M
Q2 25
$225.3M
$592.4M
Q1 25
$222.9M
$629.4M
Q4 24
$227.4M
$664.1M
Q3 24
$233.7M
$652.0M
Q2 24
$229.9M
$665.3M
Q1 24
$227.2M
$662.4M
Debt / Equity
BRCC
BRCC
ZIP
ZIP
Q4 25
0.76×
Q3 25
0.73×
Q2 25
7.19×
Q1 25
6.15×
Q4 24
4.94×
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
BRCC
BRCC
ZIP
ZIP
Operating Cash FlowLast quarter
$-8.7M
$7.7M
Free Cash FlowOCF − Capex
$-9.4M
$7.6M
FCF MarginFCF / Revenue
-8.3%
6.8%
Capex IntensityCapex / Revenue
0.6%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-13.5M
$9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCC
BRCC
ZIP
ZIP
Q4 25
$-8.7M
$7.7M
Q3 25
$6.4M
$2.6M
Q2 25
$-3.3M
$10.5M
Q1 25
$-4.1M
$-9.9M
Q4 24
$2.2M
$12.5M
Q3 24
$1.9M
$9.3M
Q2 24
$2.3M
$21.9M
Q1 24
$4.9M
$2.0M
Free Cash Flow
BRCC
BRCC
ZIP
ZIP
Q4 25
$-9.4M
$7.6M
Q3 25
$5.6M
$2.2M
Q2 25
$-4.3M
$10.2M
Q1 25
$-5.3M
$-10.2M
Q4 24
$504.0K
$12.0M
Q3 24
$-205.0K
$9.2M
Q2 24
$147.0K
$21.7M
Q1 24
$2.2M
$1.9M
FCF Margin
BRCC
BRCC
ZIP
ZIP
Q4 25
-8.3%
6.8%
Q3 25
5.5%
1.9%
Q2 25
-4.5%
9.1%
Q1 25
-5.9%
-9.3%
Q4 24
0.5%
10.8%
Q3 24
-0.2%
7.8%
Q2 24
0.2%
17.6%
Q1 24
2.2%
1.6%
Capex Intensity
BRCC
BRCC
ZIP
ZIP
Q4 25
0.6%
0.1%
Q3 25
0.8%
0.3%
Q2 25
1.0%
0.3%
Q1 25
1.3%
0.3%
Q4 24
1.6%
0.4%
Q3 24
2.2%
0.2%
Q2 24
2.4%
0.1%
Q1 24
2.8%
0.1%
Cash Conversion
BRCC
BRCC
ZIP
ZIP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.12×
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%

ZIP
ZIP

License$84.3M75%
Services$27.4M25%

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