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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $188.3M, roughly 1.2× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 4.4%, a 43.5% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs -21.9%). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -15.4%).
CSW vs RILY — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $188.3M |
| Net Profit | $10.3M | $90.3M |
| Gross Margin | 39.7% | 79.5% |
| Operating Margin | 7.4% | 32.3% |
| Net Margin | 4.4% | 47.9% |
| Revenue YoY | 20.3% | -21.9% |
| Net Profit YoY | -61.9% | 1710.8% |
| EPS (diluted) | $0.62 | $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 | $233.0M | $188.3M | ||
| Q3 25 | $277.0M | $215.3M | ||
| Q2 25 | $263.6M | $188.2M | ||
| Q1 25 | $230.5M | $197.2M | ||
| Q4 24 | $193.6M | $241.0M | ||
| Q3 24 | $227.9M | $225.5M | ||
| Q2 24 | $226.2M | $256.0M | ||
| Q1 24 | $210.9M | $263.4M |
| Q4 25 | $10.3M | $90.3M | ||
| Q3 25 | $40.7M | $91.1M | ||
| Q2 25 | $40.9M | $139.5M | ||
| Q1 25 | $35.1M | $-10.0M | ||
| Q4 24 | $26.9M | $-5.6M | ||
| Q3 24 | $36.1M | $-284.4M | ||
| Q2 24 | $38.6M | $-433.6M | ||
| Q1 24 | $31.8M | $-49.2M |
| Q4 25 | 39.7% | 79.5% | ||
| Q3 25 | 43.0% | 83.7% | ||
| Q2 25 | 43.8% | 81.3% | ||
| Q1 25 | 44.2% | 81.4% | ||
| Q4 24 | 41.4% | 79.8% | ||
| Q3 24 | 45.6% | 82.1% | ||
| Q2 24 | 47.5% | 84.5% | ||
| Q1 24 | 44.4% | 85.3% |
| Q4 25 | 7.4% | 32.3% | ||
| Q3 25 | 20.5% | 30.4% | ||
| Q2 25 | 20.8% | 5.7% | ||
| Q1 25 | 19.5% | -31.2% | ||
| Q4 24 | 15.3% | -69.2% | ||
| Q3 24 | 22.6% | -36.4% | ||
| Q2 24 | 24.3% | -90.8% | ||
| Q1 24 | 21.0% | -6.1% |
| Q4 25 | 4.4% | 47.9% | ||
| Q3 25 | 14.7% | 42.3% | ||
| Q2 25 | 15.5% | 74.1% | ||
| Q1 25 | 15.2% | -5.1% | ||
| Q4 24 | 13.9% | -2.3% | ||
| Q3 24 | 15.8% | -126.1% | ||
| Q2 24 | 17.1% | -169.4% | ||
| Q1 24 | 15.1% | -18.7% |
| Q4 25 | $0.62 | $2.78 | ||
| Q3 25 | $2.41 | $2.91 | ||
| Q2 25 | $2.43 | $4.50 | ||
| Q1 25 | $2.05 | $-0.39 | ||
| Q4 24 | $1.60 | $-0.01 | ||
| Q3 24 | $2.26 | $-9.39 | ||
| Q2 24 | $2.47 | $-14.35 | ||
| Q1 24 | $2.03 | $-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 | $40.2M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $1.1B | $-171.5M |
| Total Assets | $2.3B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $226.6M | ||
| Q3 25 | $31.5M | $184.2M | ||
| Q2 25 | $38.0M | $267.4M | ||
| Q1 25 | $225.8M | $138.3M | ||
| Q4 24 | $213.8M | $146.9M | ||
| Q3 24 | $273.2M | $159.2M | ||
| Q2 24 | $18.9M | $236.9M | ||
| Q1 24 | $22.2M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | $800.1M | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $-171.5M | ||
| Q3 25 | $1.1B | $-260.5M | ||
| Q2 25 | $1.1B | $-351.7M | ||
| Q1 25 | $1.1B | $-496.8M | ||
| Q4 24 | $1.0B | $-488.2M | ||
| Q3 24 | $1.0B | $-497.6M | ||
| Q2 24 | $650.2M | $-218.3M | ||
| Q1 24 | $615.7M | $228.4M |
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.4B | $2.2B | ||
| Q2 24 | $1.1B | $3.2B | ||
| Q1 24 | $1.0B | $5.0B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $28.9M | $26.2M |
| Free Cash FlowOCF − Capex | $22.7M | — |
| FCF MarginFCF / Revenue | 9.8% | — |
| Capex IntensityCapex / Revenue | 2.6% | — |
| Cash ConversionOCF / Net Profit | 2.81× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $26.2M | ||
| Q3 25 | $61.8M | $-60.6M | ||
| Q2 25 | $60.6M | $-25.6M | ||
| Q1 25 | $27.3M | $184.0K | ||
| Q4 24 | $11.6M | $-2.7M | ||
| Q3 24 | $66.8M | $19.5M | ||
| Q2 24 | $62.7M | $111.5M | ||
| Q1 24 | $22.4M | $135.4M |
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | — | ||
| Q2 25 | $57.7M | — | ||
| Q1 25 | $22.8M | — | ||
| Q4 24 | $8.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $59.6M | — | ||
| Q1 24 | $17.5M | — |
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 26.3% | — | ||
| Q1 24 | 8.3% | — |
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 2.3% | — |
| Q4 25 | 2.81× | 0.29× | ||
| Q3 25 | 1.52× | -0.66× | ||
| Q2 25 | 1.48× | -0.18× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 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% |
