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Side-by-side financial comparison of Brilliant Earth Group, Inc. (BRLT) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

Brilliant Earth Group, Inc. is the larger business by last-quarter revenue ($124.4M vs $77.7M, roughly 1.6× Prairie Operating Co.). Prairie Operating Co. runs the higher net margin — 1.7% vs -2.3%, a 4.0% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 13.1%).

Brilliant Earth is an American company that sells jewelry featuring diamonds and other gemstones that are asserted to be ethically sourced. The company was established in August 2005 by Beth Gerstein and Eric Grossberg, and is headquartered in San Francisco, California. According to Businessweek, the company has been influential in creating a market for ethically sourced jewelry. Some provenance claims were disputed as per a 2017 The Next Web article.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

BRLT vs PROP — Head-to-Head

Bigger by revenue
BRLT
BRLT
1.6× larger
BRLT
$124.4M
$77.7M
PROP
Higher net margin
PROP
PROP
4.0% more per $
PROP
1.7%
-2.3%
BRLT
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
13.1%
BRLT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BRLT
BRLT
PROP
PROP
Revenue
$124.4M
$77.7M
Net Profit
$-2.9M
$1.3M
Gross Margin
55.9%
Operating Margin
-0.0%
34.8%
Net Margin
-2.3%
1.7%
Revenue YoY
4.1%
Net Profit YoY
-908.9%
111.3%
EPS (diluted)
$-0.20
$-0.44

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
BRLT
BRLT
PROP
PROP
Q4 25
$124.4M
Q3 25
$110.3M
$77.7M
Q2 25
$108.9M
$68.1M
Q1 25
$93.9M
$13.6M
Q4 24
$119.5M
Q3 24
$99.9M
$0
Q2 24
$105.4M
Q1 24
$97.3M
Net Profit
BRLT
BRLT
PROP
PROP
Q4 25
$-2.9M
Q3 25
$-107.0K
$1.3M
Q2 25
$-166.0K
$35.7M
Q1 25
$-466.0K
$-2.6M
Q4 24
$358.0K
Q3 24
$-141.0K
$-11.4M
Q2 24
$185.0K
Q1 24
$139.0K
Gross Margin
BRLT
BRLT
PROP
PROP
Q4 25
55.9%
Q3 25
57.6%
Q2 25
58.3%
Q1 25
58.6%
Q4 24
59.6%
Q3 24
60.8%
Q2 24
60.8%
Q1 24
59.9%
Operating Margin
BRLT
BRLT
PROP
PROP
Q4 25
-0.0%
Q3 25
-0.6%
34.8%
Q2 25
-1.1%
27.8%
Q1 25
-3.8%
12.9%
Q4 24
2.0%
Q3 24
-1.1%
Q2 24
1.1%
Q1 24
0.9%
Net Margin
BRLT
BRLT
PROP
PROP
Q4 25
-2.3%
Q3 25
-0.1%
1.7%
Q2 25
-0.2%
52.4%
Q1 25
-0.5%
-19.3%
Q4 24
0.3%
Q3 24
-0.1%
Q2 24
0.2%
Q1 24
0.1%
EPS (diluted)
BRLT
BRLT
PROP
PROP
Q4 25
$-0.20
Q3 25
$-0.01
$-0.44
Q2 25
$-0.01
$0.18
Q1 25
$-0.03
$-3.49
Q4 24
$0.02
Q3 24
$-0.01
$-0.68
Q2 24
$0.01
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
BRLT
BRLT
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$79.1M
$10.6M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$12.3M
$101.8M
Total Assets
$200.9M
$939.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRLT
BRLT
PROP
PROP
Q4 25
$79.1M
Q3 25
$73.4M
$10.6M
Q2 25
$133.6M
$10.7M
Q1 25
$147.3M
$15.0M
Q4 24
$161.9M
Q3 24
$152.7M
$40.1M
Q2 24
$152.2M
Q1 24
$147.5M
Total Debt
BRLT
BRLT
PROP
PROP
Q4 25
$0
Q3 25
$0
Q2 25
$34.5M
$387.0M
Q1 25
$54.5M
$377.0M
Q4 24
$55.7M
Q3 24
$58.1M
Q2 24
$58.0M
Q1 24
$58.8M
Stockholders' Equity
BRLT
BRLT
PROP
PROP
Q4 25
$12.3M
Q3 25
$12.0M
$101.8M
Q2 25
$15.3M
$94.2M
Q1 25
$14.9M
$34.0M
Q4 24
$15.3M
Q3 24
$14.5M
$61.3M
Q2 24
$14.1M
Q1 24
$13.3M
Total Assets
BRLT
BRLT
PROP
PROP
Q4 25
$200.9M
Q3 25
$203.0M
$939.8M
Q2 25
$260.9M
$858.5M
Q1 25
$269.6M
$775.4M
Q4 24
$281.2M
Q3 24
$273.2M
$107.2M
Q2 24
$272.5M
Q1 24
$268.2M
Debt / Equity
BRLT
BRLT
PROP
PROP
Q4 25
0.00×
Q3 25
0.00×
Q2 25
2.26×
4.11×
Q1 25
3.65×
11.07×
Q4 24
3.63×
Q3 24
4.01×
Q2 24
4.13×
Q1 24
4.43×

Cash Flow & Capital Efficiency

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

Metric
BRLT
BRLT
PROP
PROP
Operating Cash FlowLast quarter
$7.2M
$57.7M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters
$5.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRLT
BRLT
PROP
PROP
Q4 25
$7.2M
Q3 25
$608.0K
$57.7M
Q2 25
$9.1M
$-7.2M
Q1 25
$-7.1M
$16.9M
Q4 24
$14.1M
Q3 24
$2.0M
$2.8M
Q2 24
$7.3M
Q1 24
$-5.8M
Free Cash Flow
BRLT
BRLT
PROP
PROP
Q4 25
$5.7M
Q3 25
$-3.0K
Q2 25
$7.9M
Q1 25
$-7.9M
Q4 24
$11.9M
Q3 24
$674.0K
Q2 24
$6.5M
Q1 24
$-6.4M
FCF Margin
BRLT
BRLT
PROP
PROP
Q4 25
4.6%
Q3 25
-0.0%
Q2 25
7.3%
Q1 25
-8.4%
Q4 24
10.0%
Q3 24
0.7%
Q2 24
6.1%
Q1 24
-6.5%
Capex Intensity
BRLT
BRLT
PROP
PROP
Q4 25
1.2%
Q3 25
0.6%
Q2 25
1.1%
Q1 25
0.8%
Q4 24
1.8%
Q3 24
1.3%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
BRLT
BRLT
PROP
PROP
Q4 25
Q3 25
44.80×
Q2 25
-0.20×
Q1 25
Q4 24
39.36×
Q3 24
Q2 24
39.51×
Q1 24
-41.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRLT
BRLT

US$120.3M97%
Non Us$4.2M3%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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