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Side-by-side financial comparison of Offerpad Solutions Inc. (OPAD) 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 $114.1M, roughly 1.7× Offerpad Solutions Inc.). On growth, BRC Group Holdings, Inc. posted the faster year-over-year revenue change (-21.9% vs -34.5%). Over the past eight quarters, BRC Group Holdings, Inc.'s revenue compounded faster (-15.4% CAGR vs -36.8%).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

OPAD vs RILY — Head-to-Head

Bigger by revenue
RILY
RILY
1.7× larger
RILY
$188.3M
$114.1M
OPAD
Growing faster (revenue YoY)
RILY
RILY
+12.7% gap
RILY
-21.9%
-34.5%
OPAD
Faster 2-yr revenue CAGR
RILY
RILY
Annualised
RILY
-15.4%
-36.8%
OPAD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPAD
OPAD
RILY
RILY
Revenue
$114.1M
$188.3M
Net Profit
$90.3M
Gross Margin
7.0%
79.5%
Operating Margin
32.3%
Net Margin
47.9%
Revenue YoY
-34.5%
-21.9%
Net Profit YoY
49.1%
1710.8%
EPS (diluted)
$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
OPAD
OPAD
RILY
RILY
Q4 25
$114.1M
$188.3M
Q3 25
$132.7M
$215.3M
Q2 25
$160.3M
$188.2M
Q1 25
$160.7M
$197.2M
Q4 24
$174.3M
$241.0M
Q3 24
$208.1M
$225.5M
Q2 24
$251.1M
$256.0M
Q1 24
$285.4M
$263.4M
Net Profit
OPAD
OPAD
RILY
RILY
Q4 25
$90.3M
Q3 25
$-11.6M
$91.1M
Q2 25
$-10.9M
$139.5M
Q1 25
$-15.1M
$-10.0M
Q4 24
$-17.3M
$-5.6M
Q3 24
$-13.5M
$-284.4M
Q2 24
$-13.8M
$-433.6M
Q1 24
$-17.5M
$-49.2M
Gross Margin
OPAD
OPAD
RILY
RILY
Q4 25
7.0%
79.5%
Q3 25
7.0%
83.7%
Q2 25
8.9%
81.3%
Q1 25
6.5%
81.4%
Q4 24
6.1%
79.8%
Q3 24
8.2%
82.1%
Q2 24
8.7%
84.5%
Q1 24
7.9%
85.3%
Operating Margin
OPAD
OPAD
RILY
RILY
Q4 25
32.3%
Q3 25
-5.1%
30.4%
Q2 25
-4.9%
5.7%
Q1 25
-7.2%
-31.2%
Q4 24
-7.8%
-69.2%
Q3 24
-4.3%
-36.4%
Q2 24
-3.9%
-90.8%
Q1 24
-4.8%
-6.1%
Net Margin
OPAD
OPAD
RILY
RILY
Q4 25
47.9%
Q3 25
-8.7%
42.3%
Q2 25
-6.8%
74.1%
Q1 25
-9.4%
-5.1%
Q4 24
-9.9%
-2.3%
Q3 24
-6.5%
-126.1%
Q2 24
-5.5%
-169.4%
Q1 24
-6.1%
-18.7%
EPS (diluted)
OPAD
OPAD
RILY
RILY
Q4 25
$2.78
Q3 25
$-0.37
$2.91
Q2 25
$-0.39
$4.50
Q1 25
$-0.55
$-0.39
Q4 24
$-0.64
$-0.01
Q3 24
$-0.49
$-9.39
Q2 24
$-0.50
$-14.35
Q1 24
$-0.64
$-1.71

Balance Sheet & Financial Strength

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

Metric
OPAD
OPAD
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$26.5M
$226.6M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$38.2M
$-171.5M
Total Assets
$154.8M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAD
OPAD
RILY
RILY
Q4 25
$26.5M
$226.6M
Q3 25
$31.0M
$184.2M
Q2 25
$22.6M
$267.4M
Q1 25
$30.8M
$138.3M
Q4 24
$43.0M
$146.9M
Q3 24
$48.5M
$159.2M
Q2 24
$56.9M
$236.9M
Q1 24
$68.5M
$190.7M
Total Debt
OPAD
OPAD
RILY
RILY
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
Stockholders' Equity
OPAD
OPAD
RILY
RILY
Q4 25
$38.2M
$-171.5M
Q3 25
$39.9M
$-260.5M
Q2 25
$24.5M
$-351.7M
Q1 25
$34.2M
$-496.8M
Q4 24
$47.7M
$-488.2M
Q3 24
$64.7M
$-497.6M
Q2 24
$77.6M
$-218.3M
Q1 24
$88.1M
$228.4M
Total Assets
OPAD
OPAD
RILY
RILY
Q4 25
$154.8M
$1.7B
Q3 25
$223.5M
$1.7B
Q2 25
$268.0M
$1.5B
Q1 25
$274.5M
$1.5B
Q4 24
$313.1M
$1.8B
Q3 24
$338.5M
$2.2B
Q2 24
$406.6M
$3.2B
Q1 24
$369.7M
$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
OPAD
OPAD
RILY
RILY
Operating Cash FlowLast quarter
$66.8M
$26.2M
Free Cash FlowOCF − Capex
$65.7M
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
0.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPAD
OPAD
RILY
RILY
Q4 25
$66.8M
$26.2M
Q3 25
$40.0M
$-60.6M
Q2 25
$-13.5M
$-25.6M
Q1 25
$-10.2M
$184.0K
Q4 24
$20.8M
$-2.7M
Q3 24
$39.6M
$19.5M
Q2 24
$-54.4M
$111.5M
Q1 24
$2.4M
$135.4M
Free Cash Flow
OPAD
OPAD
RILY
RILY
Q4 25
$65.7M
Q3 25
Q2 25
$-13.6M
Q1 25
$-11.2M
Q4 24
$15.4M
Q3 24
$38.7M
Q2 24
$-54.4M
Q1 24
$2.0M
FCF Margin
OPAD
OPAD
RILY
RILY
Q4 25
57.6%
Q3 25
Q2 25
-8.5%
Q1 25
-7.0%
Q4 24
8.9%
Q3 24
18.6%
Q2 24
-21.7%
Q1 24
0.7%
Capex Intensity
OPAD
OPAD
RILY
RILY
Q4 25
0.9%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.6%
Q4 24
3.1%
Q3 24
0.4%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
OPAD
OPAD
RILY
RILY
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

OPAD
OPAD

Segment breakdown not available.

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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