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Side-by-side financial comparison of DouYu International Holdings Ltd (DOYU) 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 $147.1M, roughly 1.3× DouYu International Holdings Ltd).

DouYu International Holdings Ltd operates a leading live streaming platform centered on video game and esports content primarily in mainland China. It offers interactive live streams covering professional esports tournaments, casual gaming content, and variety entertainment, targeting young gaming enthusiasts as its core user base, with main revenue streams including virtual gifting, advertising, and paid memberships.

DOYU vs RILY — Head-to-Head

Bigger by revenue
RILY
RILY
1.3× larger
RILY
$188.3M
$147.1M
DOYU

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DOYU
DOYU
RILY
RILY
Revenue
$147.1M
$188.3M
Net Profit
$90.3M
Gross Margin
13.5%
79.5%
Operating Margin
32.3%
Net Margin
47.9%
Revenue YoY
-21.9%
Net Profit YoY
1710.8%
EPS (diluted)
$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
DOYU
DOYU
RILY
RILY
Q4 25
$188.3M
Q3 25
$215.3M
Q2 25
$147.1M
$188.2M
Q1 25
$130.5M
$197.2M
Q4 24
$241.0M
Q3 24
$225.5M
Q2 24
$142.0M
$256.0M
Q1 24
$144.0M
$263.4M
Net Profit
DOYU
DOYU
RILY
RILY
Q4 25
$90.3M
Q3 25
$91.1M
Q2 25
$139.5M
Q1 25
$-11.0M
$-10.0M
Q4 24
$-5.6M
Q3 24
$-284.4M
Q2 24
$-6.8M
$-433.6M
Q1 24
$-12.2M
$-49.2M
Gross Margin
DOYU
DOYU
RILY
RILY
Q4 25
79.5%
Q3 25
83.7%
Q2 25
13.5%
81.3%
Q1 25
12.0%
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
8.2%
84.5%
Q1 24
10.5%
85.3%
Operating Margin
DOYU
DOYU
RILY
RILY
Q4 25
32.3%
Q3 25
30.4%
Q2 25
5.7%
Q1 25
-2.8%
-31.2%
Q4 24
-69.2%
Q3 24
-36.4%
Q2 24
-11.6%
-90.8%
Q1 24
-16.1%
-6.1%
Net Margin
DOYU
DOYU
RILY
RILY
Q4 25
47.9%
Q3 25
42.3%
Q2 25
74.1%
Q1 25
-8.4%
-5.1%
Q4 24
-2.3%
Q3 24
-126.1%
Q2 24
-4.8%
-169.4%
Q1 24
-8.5%
-18.7%
EPS (diluted)
DOYU
DOYU
RILY
RILY
Q4 25
$2.78
Q3 25
$2.91
Q2 25
$4.50
Q1 25
$-0.39
Q4 24
$-0.01
Q3 24
$-9.39
Q2 24
$-14.35
Q1 24
$-1.71

Balance Sheet & Financial Strength

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

Metric
DOYU
DOYU
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$214.4M
$226.6M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$279.9M
$-171.5M
Total Assets
$448.1M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOYU
DOYU
RILY
RILY
Q4 25
$226.6M
Q3 25
$184.2M
Q2 25
$214.4M
$267.4M
Q1 25
$35.2M
$138.3M
Q4 24
$146.9M
Q3 24
$159.2M
Q2 24
$558.8M
$236.9M
Q1 24
$70.7M
$190.7M
Total Debt
DOYU
DOYU
RILY
RILY
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
Stockholders' Equity
DOYU
DOYU
RILY
RILY
Q4 25
$-171.5M
Q3 25
$-260.5M
Q2 25
$279.9M
$-351.7M
Q1 25
$37.4M
$-496.8M
Q4 24
$-488.2M
Q3 24
$-497.6M
Q2 24
$895.6M
$-218.3M
Q1 24
$126.4M
$228.4M
Total Assets
DOYU
DOYU
RILY
RILY
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$448.1M
$1.5B
Q1 25
$60.8M
$1.5B
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$1.1B
$3.2B
Q1 24
$156.2M
$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
DOYU
DOYU
RILY
RILY
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOYU
DOYU
RILY
RILY
Q4 25
$26.2M
Q3 25
$-60.6M
Q2 25
$-25.6M
Q1 25
$184.0K
Q4 24
$-2.7M
Q3 24
$19.5M
Q2 24
$111.5M
Q1 24
$135.4M
Cash Conversion
DOYU
DOYU
RILY
RILY
Q4 25
0.29×
Q3 25
-0.66×
Q2 25
-0.18×
Q1 25
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

DOYU
DOYU

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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