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Side-by-side financial comparison of Fastly, Inc. (FSLY) 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 $172.6M, roughly 1.1× Fastly, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -9.0%, a 56.9% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs -21.9%). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs -15.4%).
Fastly, Inc. is an American company based in San Francisco, which describes itself as a cloud computing company. Fastly provides content delivery network services, image optimization, and load balancing services. Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall.
FSLY vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $188.3M |
| Net Profit | $-15.5M | $90.3M |
| Gross Margin | 61.4% | 79.5% |
| Operating Margin | -8.7% | 32.3% |
| Net Margin | -9.0% | 47.9% |
| Revenue YoY | 22.8% | -21.9% |
| Net Profit YoY | 52.9% | 1710.8% |
| EPS (diluted) | $-0.10 | $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 | $172.6M | $188.3M | ||
| Q3 25 | $158.2M | $215.3M | ||
| Q2 25 | $148.7M | $188.2M | ||
| Q1 25 | $144.5M | $197.2M | ||
| Q4 24 | $140.6M | $241.0M | ||
| Q3 24 | $137.2M | $225.5M | ||
| Q2 24 | $132.4M | $256.0M | ||
| Q1 24 | $133.5M | $263.4M |
| Q4 25 | $-15.5M | $90.3M | ||
| Q3 25 | $-29.5M | $91.1M | ||
| Q2 25 | $-37.5M | $139.5M | ||
| Q1 25 | $-39.1M | $-10.0M | ||
| Q4 24 | $-32.9M | $-5.6M | ||
| Q3 24 | $-38.0M | $-284.4M | ||
| Q2 24 | $-43.7M | $-433.6M | ||
| Q1 24 | $-43.4M | $-49.2M |
| Q4 25 | 61.4% | 79.5% | ||
| Q3 25 | 58.4% | 83.7% | ||
| Q2 25 | 54.5% | 81.3% | ||
| Q1 25 | 53.2% | 81.4% | ||
| Q4 24 | 53.4% | 79.8% | ||
| Q3 24 | 54.5% | 82.1% | ||
| Q2 24 | 55.1% | 84.5% | ||
| Q1 24 | 54.8% | 85.3% |
| Q4 25 | -8.7% | 32.3% | ||
| Q3 25 | -18.2% | 30.4% | ||
| Q2 25 | -24.8% | 5.7% | ||
| Q1 25 | -26.4% | -31.2% | ||
| Q4 24 | -24.4% | -69.2% | ||
| Q3 24 | -29.6% | -36.4% | ||
| Q2 24 | -35.3% | -90.8% | ||
| Q1 24 | -34.6% | -6.1% |
| Q4 25 | -9.0% | 47.9% | ||
| Q3 25 | -18.6% | 42.3% | ||
| Q2 25 | -25.2% | 74.1% | ||
| Q1 25 | -27.1% | -5.1% | ||
| Q4 24 | -23.4% | -2.3% | ||
| Q3 24 | -27.7% | -126.1% | ||
| Q2 24 | -33.0% | -169.4% | ||
| Q1 24 | -32.5% | -18.7% |
| Q4 25 | $-0.10 | $2.78 | ||
| Q3 25 | $-0.20 | $2.91 | ||
| Q2 25 | $-0.26 | $4.50 | ||
| Q1 25 | $-0.27 | $-0.39 | ||
| Q4 24 | $-0.23 | $-0.01 | ||
| Q3 24 | $-0.27 | $-9.39 | ||
| Q2 24 | $-0.32 | $-14.35 | ||
| Q1 24 | $-0.32 | $-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 | $361.8M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $929.6M | $-171.5M |
| Total Assets | $1.5B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $226.6M | ||
| Q3 25 | $342.9M | $184.2M | ||
| Q2 25 | $321.2M | $267.4M | ||
| Q1 25 | $307.3M | $138.3M | ||
| Q4 24 | $295.9M | $146.9M | ||
| Q3 24 | $308.2M | $159.2M | ||
| Q2 24 | $311.8M | $236.9M | ||
| Q1 24 | $329.5M | $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 | $929.6M | $-171.5M | ||
| Q3 25 | $937.0M | $-260.5M | ||
| Q2 25 | $942.6M | $-351.7M | ||
| Q1 25 | $957.0M | $-496.8M | ||
| Q4 24 | $965.3M | $-488.2M | ||
| Q3 24 | $969.5M | $-497.6M | ||
| Q2 24 | $981.2M | $-218.3M | ||
| Q1 24 | $991.8M | $228.4M |
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.5B | $3.2B | ||
| Q1 24 | $1.5B | $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 | $22.4M | $26.2M |
| Free Cash FlowOCF − Capex | $12.2M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 5.9% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $26.2M | ||
| Q3 25 | $28.9M | $-60.6M | ||
| Q2 25 | $25.8M | $-25.6M | ||
| Q1 25 | $17.3M | $184.0K | ||
| Q4 24 | $5.2M | $-2.7M | ||
| Q3 24 | $5.0M | $19.5M | ||
| Q2 24 | $-4.9M | $111.5M | ||
| Q1 24 | $11.1M | $135.4M |
| Q4 25 | $12.2M | — | ||
| Q3 25 | $22.9M | — | ||
| Q2 25 | $15.9M | — | ||
| Q1 25 | $14.7M | — | ||
| Q4 24 | $251.0K | — | ||
| Q3 24 | $3.0M | — | ||
| Q2 24 | $-6.7M | — | ||
| Q1 24 | $9.5M | — |
| Q4 25 | 7.1% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.2% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | -5.1% | — | ||
| Q1 24 | 7.1% | — |
| Q4 25 | 5.9% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.2% | — |
| 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
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
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% |
