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Side-by-side financial comparison of California Resources Corp (CRC) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.

BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $119.0M, roughly 1.6× California Resources Corp). Over the past eight quarters, BRC Group Holdings, Inc.'s revenue compounded faster (-15.4% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

CRC vs RILY — Head-to-Head

Bigger by revenue
RILY
RILY
1.6× larger
RILY
$188.3M
$119.0M
CRC
Faster 2-yr revenue CAGR
RILY
RILY
Annualised
RILY
-15.4%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
RILY
RILY
Revenue
$119.0M
$188.3M
Net Profit
$90.3M
Gross Margin
79.5%
Operating Margin
-597.5%
32.3%
Net Margin
47.9%
Revenue YoY
-21.9%
Net Profit YoY
1710.8%
EPS (diluted)
$-8.02
$2.78

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
CRC
CRC
RILY
RILY
Q1 26
$119.0M
Q4 25
$679.0M
$188.3M
Q3 25
$715.0M
$215.3M
Q2 25
$702.0M
$188.2M
Q1 25
$814.0M
$197.2M
Q4 24
$826.0M
$241.0M
Q3 24
$870.0M
$225.5M
Q2 24
$412.0M
$256.0M
Net Profit
CRC
CRC
RILY
RILY
Q1 26
Q4 25
$12.0M
$90.3M
Q3 25
$64.0M
$91.1M
Q2 25
$172.0M
$139.5M
Q1 25
$115.0M
$-10.0M
Q4 24
$33.0M
$-5.6M
Q3 24
$345.0M
$-284.4M
Q2 24
$8.0M
$-433.6M
Gross Margin
CRC
CRC
RILY
RILY
Q1 26
Q4 25
79.5%
Q3 25
83.7%
Q2 25
81.3%
Q1 25
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
84.5%
Operating Margin
CRC
CRC
RILY
RILY
Q1 26
-597.5%
Q4 25
6.9%
32.3%
Q3 25
13.7%
30.4%
Q2 25
38.0%
5.7%
Q1 25
22.9%
-31.2%
Q4 24
8.2%
-69.2%
Q3 24
59.5%
-36.4%
Q2 24
9.2%
-90.8%
Net Margin
CRC
CRC
RILY
RILY
Q1 26
Q4 25
1.8%
47.9%
Q3 25
9.0%
42.3%
Q2 25
24.5%
74.1%
Q1 25
14.1%
-5.1%
Q4 24
4.0%
-2.3%
Q3 24
39.7%
-126.1%
Q2 24
1.9%
-169.4%
EPS (diluted)
CRC
CRC
RILY
RILY
Q1 26
$-8.02
Q4 25
$0.21
$2.78
Q3 25
$0.76
$2.91
Q2 25
$1.92
$4.50
Q1 25
$1.26
$-0.39
Q4 24
$0.87
$-0.01
Q3 24
$3.78
$-9.39
Q2 24
$0.11
$-14.35

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$226.6M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.9B
$-171.5M
Total Assets
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
RILY
RILY
Q1 26
Q4 25
$132.0M
$226.6M
Q3 25
$196.0M
$184.2M
Q2 25
$72.0M
$267.4M
Q1 25
$214.0M
$138.3M
Q4 24
$372.0M
$146.9M
Q3 24
$241.0M
$159.2M
Q2 24
$1.0B
$236.9M
Total Debt
CRC
CRC
RILY
RILY
Q1 26
Q4 25
$1.4B
Q3 25
$1.0B
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$1.0B
$1.4B
Q4 24
$1.1B
$1.5B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
RILY
RILY
Q1 26
$2.9B
Q4 25
$3.7B
$-171.5M
Q3 25
$3.4B
$-260.5M
Q2 25
$3.4B
$-351.7M
Q1 25
$3.5B
$-496.8M
Q4 24
$3.5B
$-488.2M
Q3 24
$3.5B
$-497.6M
Q2 24
$2.1B
$-218.3M
Total Assets
CRC
CRC
RILY
RILY
Q1 26
Q4 25
$7.4B
$1.7B
Q3 25
$6.8B
$1.7B
Q2 25
$6.7B
$1.5B
Q1 25
$6.8B
$1.5B
Q4 24
$7.1B
$1.8B
Q3 24
$7.1B
$2.2B
Q2 24
$4.5B
$3.2B
Debt / Equity
CRC
CRC
RILY
RILY
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
RILY
RILY
Operating Cash FlowLast quarter
$99.0M
$26.2M
Free Cash FlowOCF − Capex
$-32.0M
FCF MarginFCF / Revenue
-26.9%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.29×
TTM Free Cash FlowTrailing 4 quarters
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
RILY
RILY
Q1 26
$99.0M
Q4 25
$235.0M
$26.2M
Q3 25
$279.0M
$-60.6M
Q2 25
$165.0M
$-25.6M
Q1 25
$186.0M
$184.0K
Q4 24
$206.0M
$-2.7M
Q3 24
$220.0M
$19.5M
Q2 24
$97.0M
$111.5M
Free Cash Flow
CRC
CRC
RILY
RILY
Q1 26
$-32.0M
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$109.0M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
CRC
CRC
RILY
RILY
Q1 26
-26.9%
Q4 25
16.9%
Q3 25
26.3%
Q2 25
15.5%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
CRC
CRC
RILY
RILY
Q1 26
Q4 25
17.7%
Q3 25
12.7%
Q2 25
8.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
CRC
CRC
RILY
RILY
Q1 26
Q4 25
19.58×
0.29×
Q3 25
4.36×
-0.66×
Q2 25
0.96×
-0.18×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

RILY
RILY

Transferred At Point In Time$101.4M54%
Wealth Management Segment$30.7M16%
Corporate Finance Consulting And Investment Banking Fees$27.1M14%
Services And Fees$24.8M13%
Commissions Fees And Reimbursed Expenses$4.8M3%

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