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Side-by-side financial comparison of Credo Technology Group Holding Ltd (CRDO) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
Credo Technology Group Holding Ltd is the larger business by last-quarter revenue ($268.0M vs $188.3M, roughly 1.4× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 30.8%, a 17.1% gap on every dollar of revenue. On growth, Credo Technology Group Holding Ltd posted the faster year-over-year revenue change (272.1% vs -21.9%). Over the past eight quarters, Credo Technology Group Holding Ltd's revenue compounded faster (124.8% CAGR vs -15.4%).
Seiko Group is a corporate group composed of Seiko Group Corporation and its subsidiaries and affiliates. It used to be recognized as a corporate group consisting of three core companies Seiko Holdings Corp., Seiko Instruments Inc., and Seiko Epson Corp. The three companies were linked by a common thread of timepiece technology. Although Epson still develops and manufactures wristwatches for the Seiko Group, Epson and its subsidiaries are not considered part of the group.
CRDO vs RILY — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $268.0M | $188.3M |
| Net Profit | $82.6M | $90.3M |
| Gross Margin | 67.5% | 79.5% |
| Operating Margin | 29.4% | 32.3% |
| Net Margin | 30.8% | 47.9% |
| Revenue YoY | 272.1% | -21.9% |
| Net Profit YoY | 2055.9% | 1710.8% |
| EPS (diluted) | $0.44 | $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.
| Q4 25 | $268.0M | $188.3M | ||
| Q3 25 | $223.1M | $215.3M | ||
| Q2 25 | $170.0M | $188.2M | ||
| Q1 25 | $135.0M | $197.2M | ||
| Q4 24 | $72.0M | $241.0M | ||
| Q3 24 | $59.7M | $225.5M | ||
| Q2 24 | $60.8M | $256.0M | ||
| Q1 24 | $53.1M | $263.4M |
| Q4 25 | $82.6M | $90.3M | ||
| Q3 25 | $63.4M | $91.1M | ||
| Q2 25 | $36.6M | $139.5M | ||
| Q1 25 | $29.4M | $-10.0M | ||
| Q4 24 | $-4.2M | $-5.6M | ||
| Q3 24 | $-9.5M | $-284.4M | ||
| Q2 24 | $-10.5M | $-433.6M | ||
| Q1 24 | $428.0K | $-49.2M |
| Q4 25 | 67.5% | 79.5% | ||
| Q3 25 | 67.4% | 83.7% | ||
| Q2 25 | 67.2% | 81.3% | ||
| Q1 25 | 63.6% | 81.4% | ||
| Q4 24 | 63.2% | 79.8% | ||
| Q3 24 | 62.4% | 82.1% | ||
| Q2 24 | 65.8% | 84.5% | ||
| Q1 24 | 61.4% | 85.3% |
| Q4 25 | 29.4% | 32.3% | ||
| Q3 25 | 27.2% | 30.4% | ||
| Q2 25 | 19.9% | 5.7% | ||
| Q1 25 | 19.4% | -31.2% | ||
| Q4 24 | -11.7% | -69.2% | ||
| Q3 24 | -24.2% | -36.4% | ||
| Q2 24 | -13.0% | -90.8% | ||
| Q1 24 | -11.1% | -6.1% |
| Q4 25 | 30.8% | 47.9% | ||
| Q3 25 | 28.4% | 42.3% | ||
| Q2 25 | 21.5% | 74.1% | ||
| Q1 25 | 21.7% | -5.1% | ||
| Q4 24 | -5.9% | -2.3% | ||
| Q3 24 | -16.0% | -126.1% | ||
| Q2 24 | -17.2% | -169.4% | ||
| Q1 24 | 0.8% | -18.7% |
| Q4 25 | $0.44 | $2.78 | ||
| Q3 25 | $0.34 | $2.91 | ||
| Q2 25 | $0.22 | $4.50 | ||
| Q1 25 | $0.16 | $-0.39 | ||
| Q4 24 | $-0.03 | $-0.01 | ||
| Q3 24 | $-0.06 | $-9.39 | ||
| Q2 24 | $-0.06 | $-14.35 | ||
| Q1 24 | $0.00 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $813.6M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $1.3B | $-171.5M |
| Total Assets | $1.4B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $813.6M | $226.6M | ||
| Q3 25 | $479.6M | $184.2M | ||
| Q2 25 | $431.3M | $267.4M | ||
| Q1 25 | $379.2M | $138.3M | ||
| Q4 24 | $383.0M | $146.9M | ||
| Q3 24 | $398.6M | $159.2M | ||
| Q2 24 | $410.0M | $236.9M | ||
| Q1 24 | $409.1M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.3B | $-171.5M | ||
| Q3 25 | $781.4M | $-260.5M | ||
| Q2 25 | $681.6M | $-351.7M | ||
| Q1 25 | $618.2M | $-496.8M | ||
| Q4 24 | $567.9M | $-488.2M | ||
| Q3 24 | $553.1M | $-497.6M | ||
| Q2 24 | $540.2M | $-218.3M | ||
| Q1 24 | $534.0M | $228.4M |
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $905.2M | $1.7B | ||
| Q2 25 | $809.3M | $1.5B | ||
| Q1 25 | $719.9M | $1.5B | ||
| Q4 24 | $638.6M | $1.8B | ||
| Q3 24 | $644.9M | $2.2B | ||
| Q2 24 | $601.9M | $3.2B | ||
| Q1 24 | $592.5M | $5.0B |
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 | $61.7M | $26.2M |
| Free Cash FlowOCF − Capex | $38.5M | — |
| FCF MarginFCF / Revenue | 14.4% | — |
| Capex IntensityCapex / Revenue | 8.7% | — |
| Cash ConversionOCF / Net Profit | 0.75× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $143.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $61.7M | $26.2M | ||
| Q3 25 | $54.2M | $-60.6M | ||
| Q2 25 | $57.8M | $-25.6M | ||
| Q1 25 | $4.2M | $184.0K | ||
| Q4 24 | $10.3M | $-2.7M | ||
| Q3 24 | $-7.2M | $19.5M | ||
| Q2 24 | $4.2M | $111.5M | ||
| Q1 24 | $-1.0M | $135.4M |
| Q4 25 | $38.5M | — | ||
| Q3 25 | $51.3M | — | ||
| Q2 25 | $54.2M | — | ||
| Q1 25 | $-383.0K | — | ||
| Q4 24 | $-11.7M | — | ||
| Q3 24 | $-13.1M | — | ||
| Q2 24 | $962.0K | — | ||
| Q1 24 | $-6.1M | — |
| Q4 25 | 14.4% | — | ||
| Q3 25 | 23.0% | — | ||
| Q2 25 | 31.9% | — | ||
| Q1 25 | -0.3% | — | ||
| Q4 24 | -16.2% | — | ||
| Q3 24 | -21.9% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | -11.6% | — |
| Q4 25 | 8.7% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 30.5% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 9.6% | — |
| Q4 25 | 0.75× | 0.29× | ||
| Q3 25 | 0.85× | -0.66× | ||
| Q2 25 | 1.58× | -0.18× | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -2.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRDO
| Other | $132.1M | 49% |
| HK | $104.4M | 39% |
| RESTOFTHEWORLD | $31.5M | 12% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
