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Side-by-side financial comparison of ICHOR HOLDINGS, LTD. (ICHR) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
ICHOR HOLDINGS, LTD. is the larger business by last-quarter revenue ($223.6M vs $188.3M, roughly 1.2× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -7.1%, a 55.1% gap on every dollar of revenue. On growth, ICHOR HOLDINGS, LTD. posted the faster year-over-year revenue change (-4.2% vs -21.9%). Over the past eight quarters, ICHOR HOLDINGS, LTD.'s revenue compounded faster (5.4% CAGR vs -15.4%).
Ichor Holdings Ltd. designs, manufactures and supplies critical fluid delivery systems, subsystems and related components for the global semiconductor manufacturing sector. Its products are integrated into front-end wafer processing equipment, supporting production of advanced logic, memory and specialty chips for leading semiconductor device and equipment makers across North America, East Asia and Europe.
ICHR vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $223.6M | $188.3M |
| Net Profit | $-16.0M | $90.3M |
| Gross Margin | 9.4% | 79.5% |
| Operating Margin | -6.2% | 32.3% |
| Net Margin | -7.1% | 47.9% |
| Revenue YoY | -4.2% | -21.9% |
| Net Profit YoY | -304.8% | 1710.8% |
| EPS (diluted) | $-0.46 | $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 | $223.6M | $188.3M | ||
| Q3 25 | $239.3M | $215.3M | ||
| Q2 25 | $240.3M | $188.2M | ||
| Q1 25 | $244.5M | $197.2M | ||
| Q4 24 | $233.3M | $241.0M | ||
| Q3 24 | $211.1M | $225.5M | ||
| Q2 24 | $203.2M | $256.0M | ||
| Q1 24 | $201.4M | $263.4M |
| Q4 25 | $-16.0M | $90.3M | ||
| Q3 25 | $-22.9M | $91.1M | ||
| Q2 25 | $-9.4M | $139.5M | ||
| Q1 25 | $-4.6M | $-10.0M | ||
| Q4 24 | $-3.9M | $-5.6M | ||
| Q3 24 | $-2.8M | $-284.4M | ||
| Q2 24 | $-5.1M | $-433.6M | ||
| Q1 24 | $-9.0M | $-49.2M |
| Q4 25 | 9.4% | 79.5% | ||
| Q3 25 | 4.6% | 83.7% | ||
| Q2 25 | 11.3% | 81.3% | ||
| Q1 25 | 11.7% | 81.4% | ||
| Q4 24 | 11.6% | 79.8% | ||
| Q3 24 | 13.2% | 82.1% | ||
| Q2 24 | 12.6% | 84.5% | ||
| Q1 24 | 11.4% | 85.3% |
| Q4 25 | -6.2% | 32.3% | ||
| Q3 25 | -8.1% | 30.4% | ||
| Q2 25 | -2.0% | 5.7% | ||
| Q1 25 | -0.5% | -31.2% | ||
| Q4 24 | -0.5% | -69.2% | ||
| Q3 24 | -0.2% | -36.4% | ||
| Q2 24 | -1.1% | -90.8% | ||
| Q1 24 | -1.9% | -6.1% |
| Q4 25 | -7.1% | 47.9% | ||
| Q3 25 | -9.6% | 42.3% | ||
| Q2 25 | -3.9% | 74.1% | ||
| Q1 25 | -1.9% | -5.1% | ||
| Q4 24 | -1.7% | -2.3% | ||
| Q3 24 | -1.3% | -126.1% | ||
| Q2 24 | -2.5% | -169.4% | ||
| Q1 24 | -4.5% | -18.7% |
| Q4 25 | $-0.46 | $2.78 | ||
| Q3 25 | $-0.67 | $2.91 | ||
| Q2 25 | $-0.28 | $4.50 | ||
| Q1 25 | $-0.13 | $-0.39 | ||
| Q4 24 | $-0.11 | $-0.01 | ||
| Q3 24 | $-0.08 | $-9.39 | ||
| Q2 24 | $-0.15 | $-14.35 | ||
| Q1 24 | $-0.30 | $-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 | $98.3M | $226.6M |
| Total DebtLower is stronger | $123.5M | $1.4B |
| Stockholders' EquityBook value | $663.9M | $-171.5M |
| Total Assets | $942.9M | $1.7B |
| Debt / EquityLower = less leverage | 0.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $226.6M | ||
| Q3 25 | $92.5M | $184.2M | ||
| Q2 25 | $92.2M | $267.4M | ||
| Q1 25 | $109.3M | $138.3M | ||
| Q4 24 | $108.7M | $146.9M | ||
| Q3 24 | $116.4M | $159.2M | ||
| Q2 24 | $114.3M | $236.9M | ||
| Q1 24 | $102.1M | $190.7M |
| Q4 25 | $123.5M | $1.4B | ||
| Q3 25 | $123.5M | $1.3B | ||
| Q2 25 | $125.0M | $1.3B | ||
| Q1 25 | $126.8M | $1.4B | ||
| Q4 24 | $128.5M | $1.5B | ||
| Q3 24 | $130.3M | — | ||
| Q2 24 | $130.2M | — | ||
| Q1 24 | $131.9M | — |
| Q4 25 | $663.9M | $-171.5M | ||
| Q3 25 | $676.2M | $-260.5M | ||
| Q2 25 | $694.1M | $-351.7M | ||
| Q1 25 | $700.4M | $-496.8M | ||
| Q4 24 | $698.3M | $-488.2M | ||
| Q3 24 | $697.3M | $-497.6M | ||
| Q2 24 | $694.9M | $-218.3M | ||
| Q1 24 | $697.2M | $228.4M |
| Q4 25 | $942.9M | $1.7B | ||
| Q3 25 | $966.6M | $1.7B | ||
| Q2 25 | $985.1M | $1.5B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $995.6M | $1.8B | ||
| Q3 24 | $975.9M | $2.2B | ||
| Q2 24 | $947.7M | $3.2B | ||
| Q1 24 | $957.4M | $5.0B |
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.18× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 0.19× | — | ||
| Q1 24 | 0.19× | — |
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 | $9.2M | $26.2M |
| Free Cash FlowOCF − Capex | $5.9M | — |
| FCF MarginFCF / Revenue | 2.6% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-6.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.2M | $26.2M | ||
| Q3 25 | $9.2M | $-60.6M | ||
| Q2 25 | $-7.5M | $-25.6M | ||
| Q1 25 | $19.0M | $184.0K | ||
| Q4 24 | $-2.5M | $-2.7M | ||
| Q3 24 | $8.1M | $19.5M | ||
| Q2 24 | $17.5M | $111.5M | ||
| Q1 24 | $4.8M | $135.4M |
| Q4 25 | $5.9M | — | ||
| Q3 25 | $2.1M | — | ||
| Q2 25 | $-14.8M | — | ||
| Q1 25 | $496.0K | — | ||
| Q4 24 | $-6.9M | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $14.6M | — | ||
| Q1 24 | $314.0K | — |
| Q4 25 | 2.6% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | -6.2% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 7.2% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 1.5% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 2.2% | — |
| 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
ICHR
| Other | $101.6M | 45% |
| US | $67.4M | 30% |
| Other Countries | $29.7M | 13% |
| Europe | $24.9M | 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% |
