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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.

HighPeak Energy, Inc. is the larger business by last-quarter revenue ($216.6M vs $188.3M, roughly 1.2× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -11.6%, a 59.6% gap on every dollar of revenue. On growth, BRC Group Holdings, Inc. posted the faster year-over-year revenue change (-21.9% vs -23.3%). Over the past eight quarters, HighPeak Energy, Inc.'s revenue compounded faster (-13.2% CAGR vs -15.4%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

HPK vs RILY — Head-to-Head

Bigger by revenue
HPK
HPK
1.2× larger
HPK
$216.6M
$188.3M
RILY
Growing faster (revenue YoY)
RILY
RILY
+1.5% gap
RILY
-21.9%
-23.3%
HPK
Higher net margin
RILY
RILY
59.6% more per $
RILY
47.9%
-11.6%
HPK
Faster 2-yr revenue CAGR
HPK
HPK
Annualised
HPK
-13.2%
-15.4%
RILY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPK
HPK
RILY
RILY
Revenue
$216.6M
$188.3M
Net Profit
$-25.2M
$90.3M
Gross Margin
79.5%
Operating Margin
-7.6%
32.3%
Net Margin
-11.6%
47.9%
Revenue YoY
-23.3%
-21.9%
Net Profit YoY
-380.7%
1710.8%
EPS (diluted)
$-0.16
$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
HPK
HPK
RILY
RILY
Q4 25
$216.6M
$188.3M
Q3 25
$188.9M
$215.3M
Q2 25
$200.4M
$188.2M
Q1 25
$257.4M
$197.2M
Q4 24
$282.6M
$241.0M
Q3 24
$271.6M
$225.5M
Q2 24
$275.3M
$256.0M
Q1 24
$287.8M
$263.4M
Net Profit
HPK
HPK
RILY
RILY
Q4 25
$-25.2M
$90.3M
Q3 25
$-18.3M
$91.1M
Q2 25
$26.2M
$139.5M
Q1 25
$36.3M
$-10.0M
Q4 24
$9.0M
$-5.6M
Q3 24
$49.9M
$-284.4M
Q2 24
$29.7M
$-433.6M
Q1 24
$6.4M
$-49.2M
Gross Margin
HPK
HPK
RILY
RILY
Q4 25
79.5%
Q3 25
83.7%
Q2 25
81.3%
Q1 25
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
84.5%
Q1 24
85.3%
Operating Margin
HPK
HPK
RILY
RILY
Q4 25
-7.6%
32.3%
Q3 25
17.3%
30.4%
Q2 25
21.7%
5.7%
Q1 25
35.1%
-31.2%
Q4 24
26.1%
-69.2%
Q3 24
27.0%
-36.4%
Q2 24
31.7%
-90.8%
Q1 24
35.8%
-6.1%
Net Margin
HPK
HPK
RILY
RILY
Q4 25
-11.6%
47.9%
Q3 25
-9.7%
42.3%
Q2 25
13.1%
74.1%
Q1 25
14.1%
-5.1%
Q4 24
3.2%
-2.3%
Q3 24
18.4%
-126.1%
Q2 24
10.8%
-169.4%
Q1 24
2.2%
-18.7%
EPS (diluted)
HPK
HPK
RILY
RILY
Q4 25
$-0.16
$2.78
Q3 25
$-0.15
$2.91
Q2 25
$0.19
$4.50
Q1 25
$0.26
$-0.39
Q4 24
$0.06
$-0.01
Q3 24
$0.35
$-9.39
Q2 24
$0.21
$-14.35
Q1 24
$0.05
$-1.71

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$162.1M
$226.6M
Total DebtLower is stronger
$1.2B
$1.4B
Stockholders' EquityBook value
$1.6B
$-171.5M
Total Assets
$3.2B
$1.7B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
RILY
RILY
Q4 25
$162.1M
$226.6M
Q3 25
$164.9M
$184.2M
Q2 25
$21.9M
$267.4M
Q1 25
$51.6M
$138.3M
Q4 24
$86.6M
$146.9M
Q3 24
$135.6M
$159.2M
Q2 24
$157.9M
$236.9M
Q1 24
$173.4M
$190.7M
Total Debt
HPK
HPK
RILY
RILY
Q4 25
$1.2B
$1.4B
Q3 25
$1.2B
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$1.0B
$1.4B
Q4 24
$1.0B
$1.5B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
HPK
HPK
RILY
RILY
Q4 25
$1.6B
$-171.5M
Q3 25
$1.6B
$-260.5M
Q2 25
$1.7B
$-351.7M
Q1 25
$1.6B
$-496.8M
Q4 24
$1.6B
$-488.2M
Q3 24
$1.6B
$-497.6M
Q2 24
$1.6B
$-218.3M
Q1 24
$1.5B
$228.4M
Total Assets
HPK
HPK
RILY
RILY
Q4 25
$3.2B
$1.7B
Q3 25
$3.2B
$1.7B
Q2 25
$3.1B
$1.5B
Q1 25
$3.1B
$1.5B
Q4 24
$3.1B
$1.8B
Q3 24
$3.1B
$2.2B
Q2 24
$3.1B
$3.2B
Q1 24
$3.1B
$5.0B
Debt / Equity
HPK
HPK
RILY
RILY
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HPK
HPK
RILY
RILY
Operating Cash FlowLast quarter
$93.1M
$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
HPK
HPK
RILY
RILY
Q4 25
$93.1M
$26.2M
Q3 25
$120.2M
$-60.6M
Q2 25
$141.2M
$-25.6M
Q1 25
$157.1M
$184.0K
Q4 24
$139.5M
$-2.7M
Q3 24
$177.1M
$19.5M
Q2 24
$202.3M
$111.5M
Q1 24
$171.4M
$135.4M
Cash Conversion
HPK
HPK
RILY
RILY
Q4 25
0.29×
Q3 25
-0.66×
Q2 25
5.39×
-0.18×
Q1 25
4.32×
Q4 24
15.53×
Q3 24
3.55×
Q2 24
6.81×
Q1 24
26.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

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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