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Side-by-side financial comparison of Klaviyo, Inc. (KVYO) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
Klaviyo, Inc. is the larger business by last-quarter revenue ($350.2M vs $188.3M, roughly 1.9× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 2.0%, a 45.9% gap on every dollar of revenue. On growth, Klaviyo, Inc. posted the faster year-over-year revenue change (29.6% vs -21.9%). Over the past eight quarters, Klaviyo, Inc.'s revenue compounded faster (29.1% CAGR vs -15.4%).
Klaviyo is an American technology company that provides a marketing automation platform, used primarily for email marketing and SMS marketing.
KVYO vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $350.2M | $188.3M |
| Net Profit | $7.0M | $90.3M |
| Gross Margin | 72.2% | 79.5% |
| Operating Margin | -0.5% | 32.3% |
| Net Margin | 2.0% | 47.9% |
| Revenue YoY | 29.6% | -21.9% |
| Net Profit YoY | 126.1% | 1710.8% |
| EPS (diluted) | $0.03 | $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 | $350.2M | $188.3M | ||
| Q3 25 | $310.9M | $215.3M | ||
| Q2 25 | $293.1M | $188.2M | ||
| Q1 25 | $279.8M | $197.2M | ||
| Q4 24 | $270.2M | $241.0M | ||
| Q3 24 | $235.1M | $225.5M | ||
| Q2 24 | $222.2M | $256.0M | ||
| Q1 24 | $210.0M | $263.4M |
| Q4 25 | $7.0M | $90.3M | ||
| Q3 25 | $-426.0K | $91.1M | ||
| Q2 25 | $-24.3M | $139.5M | ||
| Q1 25 | $-14.1M | $-10.0M | ||
| Q4 24 | $-27.0M | $-5.6M | ||
| Q3 24 | $-1.3M | $-284.4M | ||
| Q2 24 | $-4.9M | $-433.6M | ||
| Q1 24 | $-12.9M | $-49.2M |
| Q4 25 | 72.2% | 79.5% | ||
| Q3 25 | 75.5% | 83.7% | ||
| Q2 25 | 75.7% | 81.3% | ||
| Q1 25 | 75.8% | 81.4% | ||
| Q4 24 | 73.4% | 79.8% | ||
| Q3 24 | 76.9% | 82.1% | ||
| Q2 24 | 77.4% | 84.5% | ||
| Q1 24 | 78.6% | 85.3% |
| Q4 25 | -0.5% | 32.3% | ||
| Q3 25 | -3.5% | 30.4% | ||
| Q2 25 | -10.7% | 5.7% | ||
| Q1 25 | -8.5% | -31.2% | ||
| Q4 24 | -12.8% | -69.2% | ||
| Q3 24 | -5.6% | -36.4% | ||
| Q2 24 | -6.3% | -90.8% | ||
| Q1 24 | -10.5% | -6.1% |
| Q4 25 | 2.0% | 47.9% | ||
| Q3 25 | -0.1% | 42.3% | ||
| Q2 25 | -8.3% | 74.1% | ||
| Q1 25 | -5.0% | -5.1% | ||
| Q4 24 | -10.0% | -2.3% | ||
| Q3 24 | -0.6% | -126.1% | ||
| Q2 24 | -2.2% | -169.4% | ||
| Q1 24 | -6.1% | -18.7% |
| Q4 25 | $0.03 | $2.78 | ||
| Q3 25 | $0.00 | $2.91 | ||
| Q2 25 | $-0.09 | $4.50 | ||
| Q1 25 | $-0.05 | $-0.39 | ||
| Q4 24 | $-0.09 | $-0.01 | ||
| Q3 24 | $-0.01 | $-9.39 | ||
| Q2 24 | $-0.02 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $1.2B | $-171.5M |
| Total Assets | $1.6B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $226.6M | ||
| Q3 25 | $980.3M | $184.2M | ||
| Q2 25 | $935.5M | $267.4M | ||
| Q1 25 | $888.4M | $138.3M | ||
| Q4 24 | $881.5M | $146.9M | ||
| Q3 24 | $826.7M | $159.2M | ||
| Q2 24 | $793.6M | $236.9M | ||
| Q1 24 | $755.8M | $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 | $1.2B | $-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 | $979.5M | $-218.3M | ||
| Q1 24 | $937.5M | $228.4M |
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.2B | $2.2B | ||
| Q2 24 | $1.1B | $3.2B | ||
| Q1 24 | $1.1B | $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 | $93.2M | $26.2M |
| Free Cash FlowOCF − Capex | $90.7M | — |
| FCF MarginFCF / Revenue | 25.9% | — |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | 13.26× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $208.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $93.2M | $26.2M | ||
| Q3 25 | $54.8M | $-60.6M | ||
| Q2 25 | $55.7M | $-25.6M | ||
| Q1 25 | $14.4M | $184.0K | ||
| Q4 24 | $60.1M | $-2.7M | ||
| Q3 24 | $38.8M | $19.5M | ||
| Q2 24 | $40.9M | $111.5M | ||
| Q1 24 | $26.2M | $135.4M |
| Q4 25 | $90.7M | — | ||
| Q3 25 | $52.5M | — | ||
| Q2 25 | $53.7M | — | ||
| Q1 25 | $11.7M | — | ||
| Q4 24 | $57.7M | — | ||
| Q3 24 | $37.2M | — | ||
| Q2 24 | $40.1M | — | ||
| Q1 24 | $24.9M | — |
| Q4 25 | 25.9% | — | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 18.3% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 15.8% | — | ||
| Q2 24 | 18.1% | — | ||
| Q1 24 | 11.9% | — |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.6% | — |
| Q4 25 | 13.26× | 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
KVYO
Segment breakdown not available.
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% |
