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Side-by-side financial comparison of Cerence Inc. (CRNC) 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 $115.1M, roughly 1.6× Cerence Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -4.6%, a 52.5% gap on every dollar of revenue. On growth, Cerence Inc. posted the faster year-over-year revenue change (126.1% vs -21.9%). Over the past eight quarters, Cerence Inc.'s revenue compounded faster (30.3% CAGR vs -15.4%).
Cerence Inc. is an American multinational software company that develops artificial intelligence (AI) assistant technology primarily for automobiles.
CRNC vs RILY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $115.1M | $188.3M |
| Net Profit | $-5.2M | $90.3M |
| Gross Margin | 86.3% | 79.5% |
| Operating Margin | 25.5% | 32.3% |
| Net Margin | -4.6% | 47.9% |
| Revenue YoY | 126.1% | -21.9% |
| Net Profit YoY | 78.4% | 1710.8% |
| EPS (diluted) | $-0.12 | $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 | $115.1M | $188.3M | ||
| Q3 25 | $60.6M | $215.3M | ||
| Q2 25 | $62.2M | $188.2M | ||
| Q1 25 | $78.0M | $197.2M | ||
| Q4 24 | $50.9M | $241.0M | ||
| Q3 24 | $54.8M | $225.5M | ||
| Q2 24 | $70.5M | $256.0M | ||
| Q1 24 | $67.8M | $263.4M |
| Q4 25 | $-5.2M | $90.3M | ||
| Q3 25 | $-13.4M | $91.1M | ||
| Q2 25 | $-2.7M | $139.5M | ||
| Q1 25 | $21.7M | $-10.0M | ||
| Q4 24 | $-24.3M | $-5.6M | ||
| Q3 24 | $-20.4M | $-284.4M | ||
| Q2 24 | $-313.5M | $-433.6M | ||
| Q1 24 | $-278.0M | $-49.2M |
| Q4 25 | 86.3% | 79.5% | ||
| Q3 25 | 72.6% | 83.7% | ||
| Q2 25 | 73.7% | 81.3% | ||
| Q1 25 | 77.1% | 81.4% | ||
| Q4 24 | 65.0% | 79.8% | ||
| Q3 24 | 63.7% | 82.1% | ||
| Q2 24 | 71.5% | 84.5% | ||
| Q1 24 | 69.2% | 85.3% |
| Q4 25 | 25.5% | 32.3% | ||
| Q3 25 | -2.9% | 30.4% | ||
| Q2 25 | -1.5% | 5.7% | ||
| Q1 25 | 22.2% | -31.2% | ||
| Q4 24 | -33.3% | -69.2% | ||
| Q3 24 | -35.1% | -36.4% | ||
| Q2 24 | -503.1% | -90.8% | ||
| Q1 24 | -389.8% | -6.1% |
| Q4 25 | -4.6% | 47.9% | ||
| Q3 25 | -22.0% | 42.3% | ||
| Q2 25 | -4.4% | 74.1% | ||
| Q1 25 | 27.8% | -5.1% | ||
| Q4 24 | -47.7% | -2.3% | ||
| Q3 24 | -37.3% | -126.1% | ||
| Q2 24 | -444.5% | -169.4% | ||
| Q1 24 | -409.8% | -18.7% |
| Q4 25 | $-0.12 | $2.78 | ||
| Q3 25 | $-0.26 | $2.91 | ||
| Q2 25 | $-0.06 | $4.50 | ||
| Q1 25 | $0.46 | $-0.39 | ||
| Q4 24 | $-0.57 | $-0.01 | ||
| Q3 24 | $-0.49 | $-9.39 | ||
| Q2 24 | $-7.50 | $-14.35 | ||
| Q1 24 | $-6.66 | $-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 | $2.5M | $226.6M |
| Total DebtLower is stronger | $171.9M | $1.4B |
| Stockholders' EquityBook value | $150.4M | $-171.5M |
| Total Assets | $602.0M | $1.7B |
| Debt / EquityLower = less leverage | 1.14× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5M | $226.6M | ||
| Q3 25 | $3.4M | $184.2M | ||
| Q2 25 | $5.5M | $267.4M | ||
| Q1 25 | $5.4M | $138.3M | ||
| Q4 24 | $3.9M | $146.9M | ||
| Q3 24 | $5.5M | $159.2M | ||
| Q2 24 | $5.4M | $236.9M | ||
| Q1 24 | $9.4M | $190.7M |
| Q4 25 | $171.9M | $1.4B | ||
| Q3 25 | $199.7M | $1.3B | ||
| Q2 25 | $198.8M | $1.3B | ||
| Q1 25 | $257.6M | $1.4B | ||
| Q4 24 | $256.2M | $1.5B | ||
| Q3 24 | $281.9M | — | ||
| Q2 24 | $280.4M | — | ||
| Q1 24 | $278.9M | — |
| Q4 25 | $150.4M | $-171.5M | ||
| Q3 25 | $150.7M | $-260.5M | ||
| Q2 25 | $155.7M | $-351.7M | ||
| Q1 25 | $149.3M | $-496.8M | ||
| Q4 24 | $120.7M | $-488.2M | ||
| Q3 24 | $141.1M | $-497.6M | ||
| Q2 24 | $154.2M | $-218.3M | ||
| Q1 24 | $463.4M | $228.4M |
| Q4 25 | $602.0M | $1.7B | ||
| Q3 25 | $630.6M | $1.7B | ||
| Q2 25 | $636.8M | $1.5B | ||
| Q1 25 | $665.5M | $1.5B | ||
| Q4 24 | $617.5M | $1.8B | ||
| Q3 24 | $702.4M | $2.2B | ||
| Q2 24 | $674.0M | $3.2B | ||
| Q1 24 | $987.1M | $5.0B |
| Q4 25 | 1.14× | — | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 2.12× | — | ||
| Q3 24 | 2.00× | — | ||
| Q2 24 | 1.82× | — | ||
| Q1 24 | 0.60× | — |
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 | $37.9M | $26.2M |
| Free Cash FlowOCF − Capex | $35.6M | — |
| FCF MarginFCF / Revenue | 31.0% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $74.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $37.9M | $26.2M | ||
| Q3 25 | $12.8M | $-60.6M | ||
| Q2 25 | $23.7M | $-25.6M | ||
| Q1 25 | $15.5M | $184.0K | ||
| Q4 24 | $9.3M | $-2.7M | ||
| Q3 24 | $6.1M | $19.5M | ||
| Q2 24 | $12.9M | $111.5M | ||
| Q1 24 | $1.0M | $135.4M |
| Q4 25 | $35.6M | — | ||
| Q3 25 | $9.7M | — | ||
| Q2 25 | $16.1M | — | ||
| Q1 25 | $13.1M | — | ||
| Q4 24 | $7.9M | — | ||
| Q3 24 | $4.7M | — | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $-801.0K | — |
| Q4 25 | 31.0% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | 17.1% | — | ||
| Q1 24 | -1.2% | — |
| Q4 25 | 2.0% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRNC
| License | $87.8M | 76% |
| Connected Services | $14.5M | 13% |
| Professional Services | $12.8M | 11% |
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% |
