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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $188.3M, roughly 1.7× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -259.7%, a 307.6% gap on every dollar of revenue. On growth, New Fortress Energy Inc. posted the faster year-over-year revenue change (-7.0% vs -21.9%). Over the past eight quarters, BRC Group Holdings, Inc.'s revenue compounded faster (-15.4% CAGR vs -26.8%).
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
NFE vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $188.3M |
| Net Profit | $-847.1M | $90.3M |
| Gross Margin | 35.5% | 79.5% |
| Operating Margin | -193.0% | 32.3% |
| Net Margin | -259.7% | 47.9% |
| Revenue YoY | -7.0% | -21.9% |
| Net Profit YoY | -277.4% | 1710.8% |
| EPS (diluted) | $-3.03 | $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 | $326.2M | $188.3M | ||
| Q3 25 | $240.3M | $215.3M | ||
| Q2 25 | $228.1M | $188.2M | ||
| Q1 25 | $384.9M | $197.2M | ||
| Q4 24 | $350.7M | $241.0M | ||
| Q3 24 | $446.0M | $225.5M | ||
| Q2 24 | $291.2M | $256.0M | ||
| Q1 24 | $609.5M | $263.4M |
| Q4 25 | $-847.1M | $90.3M | ||
| Q3 25 | $-263.0M | $91.1M | ||
| Q2 25 | $-546.5M | $139.5M | ||
| Q1 25 | $-175.4M | $-10.0M | ||
| Q4 24 | $-224.4M | $-5.6M | ||
| Q3 24 | $9.3M | $-284.4M | ||
| Q2 24 | $-88.9M | $-433.6M | ||
| Q1 24 | $54.1M | $-49.2M |
| Q4 25 | 35.5% | 79.5% | ||
| Q3 25 | 18.1% | 83.7% | ||
| Q2 25 | 8.4% | 81.3% | ||
| Q1 25 | 21.4% | 81.4% | ||
| Q4 24 | 17.6% | 79.8% | ||
| Q3 24 | 27.1% | 82.1% | ||
| Q2 24 | 23.8% | 84.5% | ||
| Q1 24 | 62.4% | 85.3% |
| Q4 25 | -193.0% | 32.3% | ||
| Q3 25 | -37.4% | 30.4% | ||
| Q2 25 | -170.3% | 5.7% | ||
| Q1 25 | -3.3% | -31.2% | ||
| Q4 24 | 65.0% | -69.2% | ||
| Q3 24 | 17.8% | -36.4% | ||
| Q2 24 | 12.3% | -90.8% | ||
| Q1 24 | 30.4% | -6.1% |
| Q4 25 | -259.7% | 47.9% | ||
| Q3 25 | -109.4% | 42.3% | ||
| Q2 25 | -239.6% | 74.1% | ||
| Q1 25 | -45.6% | -5.1% | ||
| Q4 24 | -64.0% | -2.3% | ||
| Q3 24 | 2.1% | -126.1% | ||
| Q2 24 | -30.5% | -169.4% | ||
| Q1 24 | 8.9% | -18.7% |
| Q4 25 | $-3.03 | $2.78 | ||
| Q3 25 | $-0.96 | $2.91 | ||
| Q2 25 | $-1.99 | $4.50 | ||
| Q1 25 | $-0.65 | $-0.39 | ||
| Q4 24 | $-1.10 | $-0.01 | ||
| Q3 24 | $0.03 | $-9.39 | ||
| Q2 24 | $-0.42 | $-14.35 | ||
| Q1 24 | $0.23 | $-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 | $226.5M | $226.6M |
| Total DebtLower is stronger | $8.2B | $1.4B |
| Stockholders' EquityBook value | $182.6M | $-171.5M |
| Total Assets | $10.6B | $1.7B |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $226.6M | ||
| Q3 25 | $145.2M | $184.2M | ||
| Q2 25 | $551.1M | $267.4M | ||
| Q1 25 | $447.9M | $138.3M | ||
| Q4 24 | $492.9M | $146.9M | ||
| Q3 24 | $90.8M | $159.2M | ||
| Q2 24 | $133.0M | $236.9M | ||
| Q1 24 | $143.5M | $190.7M |
| Q4 25 | $8.2B | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $8.9B | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $-171.5M | ||
| Q3 25 | $1.1B | $-260.5M | ||
| Q2 25 | $1.3B | $-351.7M | ||
| Q1 25 | $1.8B | $-496.8M | ||
| Q4 24 | $1.9B | $-488.2M | ||
| Q3 24 | $1.6B | $-497.6M | ||
| Q2 24 | $1.6B | $-218.3M | ||
| Q1 24 | $1.7B | $228.4M |
| Q4 25 | $10.6B | $1.7B | ||
| Q3 25 | $12.0B | $1.7B | ||
| Q2 25 | $12.0B | $1.5B | ||
| Q1 25 | $13.1B | $1.5B | ||
| Q4 24 | $12.9B | $1.8B | ||
| Q3 24 | $12.0B | $2.2B | ||
| Q2 24 | $11.4B | $3.2B | ||
| Q1 24 | $10.9B | $5.0B |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-76.2M | $26.2M |
| Free Cash FlowOCF − Capex | $-134.8M | — |
| FCF MarginFCF / Revenue | -41.3% | — |
| Capex IntensityCapex / Revenue | 18.0% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $26.2M | ||
| Q3 25 | $-171.0M | $-60.6M | ||
| Q2 25 | $-329.0M | $-25.6M | ||
| Q1 25 | $-7.2M | $184.0K | ||
| Q4 24 | $445.3M | $-2.7M | ||
| Q3 24 | $-20.0M | $19.5M | ||
| Q2 24 | $113.9M | $111.5M | ||
| Q1 24 | $63.0M | $135.4M |
| Q4 25 | $-134.8M | — | ||
| Q3 25 | $-231.6M | — | ||
| Q2 25 | $-726.7M | — | ||
| Q1 25 | $-262.3M | — | ||
| Q4 24 | $-210.3M | — | ||
| Q3 24 | $-367.0M | — | ||
| Q2 24 | $-493.2M | — | ||
| Q1 24 | $-457.9M | — |
| Q4 25 | -41.3% | — | ||
| Q3 25 | -96.4% | — | ||
| Q2 25 | -318.6% | — | ||
| Q1 25 | -68.2% | — | ||
| Q4 24 | -60.0% | — | ||
| Q3 24 | -82.3% | — | ||
| Q2 24 | -169.3% | — | ||
| Q1 24 | -75.1% | — |
| Q4 25 | 18.0% | — | ||
| Q3 25 | 25.2% | — | ||
| Q2 25 | 174.4% | — | ||
| Q1 25 | 66.3% | — | ||
| Q4 24 | 187.0% | — | ||
| Q3 24 | 77.8% | — | ||
| Q2 24 | 208.4% | — | ||
| Q1 24 | 85.5% | — |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.15× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.16× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
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% |
