vs
Side-by-side financial comparison of QUINSTREET, INC (QNST) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $188.3M, roughly 1.5× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 17.4%, a 30.5% gap on every dollar of revenue. On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -21.9%). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs -15.4%).
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
QNST vs RILY — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $287.8M | $188.3M |
| Net Profit | $50.2M | $90.3M |
| Gross Margin | 9.6% | 79.5% |
| Operating Margin | 0.4% | 32.3% |
| Net Margin | 17.4% | 47.9% |
| Revenue YoY | 1.9% | -21.9% |
| Net Profit YoY | 3342.5% | 1710.8% |
| EPS (diluted) | $0.87 | $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 | $287.8M | $188.3M | ||
| Q3 25 | $285.9M | $215.3M | ||
| Q2 25 | — | $188.2M | ||
| Q1 25 | $269.8M | $197.2M | ||
| Q4 24 | $282.6M | $241.0M | ||
| Q3 24 | $279.2M | $225.5M | ||
| Q2 24 | $198.3M | $256.0M | ||
| Q1 24 | $168.6M | $263.4M |
| Q4 25 | $50.2M | $90.3M | ||
| Q3 25 | $4.5M | $91.1M | ||
| Q2 25 | — | $139.5M | ||
| Q1 25 | $4.4M | $-10.0M | ||
| Q4 24 | $-1.5M | $-5.6M | ||
| Q3 24 | $-1.4M | $-284.4M | ||
| Q2 24 | $-2.2M | $-433.6M | ||
| Q1 24 | $-7.0M | $-49.2M |
| Q4 25 | 9.6% | 79.5% | ||
| Q3 25 | 9.4% | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | 10.3% | 81.4% | ||
| Q4 24 | 9.5% | 79.8% | ||
| Q3 24 | 10.2% | 82.1% | ||
| Q2 24 | 8.8% | 84.5% | ||
| Q1 24 | 8.5% | 85.3% |
| Q4 25 | 0.4% | 32.3% | ||
| Q3 25 | 1.7% | 30.4% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | 1.8% | -31.2% | ||
| Q4 24 | -0.5% | -69.2% | ||
| Q3 24 | -0.4% | -36.4% | ||
| Q2 24 | -0.7% | -90.8% | ||
| Q1 24 | -3.2% | -6.1% |
| Q4 25 | 17.4% | 47.9% | ||
| Q3 25 | 1.6% | 42.3% | ||
| Q2 25 | — | 74.1% | ||
| Q1 25 | 1.6% | -5.1% | ||
| Q4 24 | -0.5% | -2.3% | ||
| Q3 24 | -0.5% | -126.1% | ||
| Q2 24 | -1.1% | -169.4% | ||
| Q1 24 | -4.2% | -18.7% |
| Q4 25 | $0.87 | $2.78 | ||
| Q3 25 | $0.08 | $2.91 | ||
| Q2 25 | — | $4.50 | ||
| Q1 25 | $0.08 | $-0.39 | ||
| Q4 24 | $-0.03 | $-0.01 | ||
| Q3 24 | $-0.02 | $-9.39 | ||
| Q2 24 | $-0.04 | $-14.35 | ||
| Q1 24 | $-0.13 | $-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 | $107.0M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $294.4M | $-171.5M |
| Total Assets | $493.0M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $107.0M | $226.6M | ||
| Q3 25 | $101.3M | $184.2M | ||
| Q2 25 | — | $267.4M | ||
| Q1 25 | $81.8M | $138.3M | ||
| Q4 24 | $57.8M | $146.9M | ||
| Q3 24 | $25.0M | $159.2M | ||
| Q2 24 | $50.5M | $236.9M | ||
| Q1 24 | $39.6M | $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 | $294.4M | $-171.5M | ||
| Q3 25 | $246.7M | $-260.5M | ||
| Q2 25 | — | $-351.7M | ||
| Q1 25 | $235.5M | $-496.8M | ||
| Q4 24 | $224.3M | $-488.2M | ||
| Q3 24 | $219.8M | $-497.6M | ||
| Q2 24 | $216.8M | $-218.3M | ||
| Q1 24 | $215.0M | $228.4M |
| Q4 25 | $493.0M | $1.7B | ||
| Q3 25 | $442.6M | $1.7B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | $417.2M | $1.5B | ||
| Q4 24 | $409.6M | $1.8B | ||
| Q3 24 | $401.2M | $2.2B | ||
| Q2 24 | $368.5M | $3.2B | ||
| Q1 24 | $349.3M | $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 | $21.6M | $26.2M |
| Free Cash FlowOCF − Capex | $20.7M | — |
| FCF MarginFCF / Revenue | 7.2% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 0.43× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $106.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $26.2M | ||
| Q3 25 | $19.6M | $-60.6M | ||
| Q2 25 | — | $-25.6M | ||
| Q1 25 | $30.1M | $184.0K | ||
| Q4 24 | $38.7M | $-2.7M | ||
| Q3 24 | $-13.7M | $19.5M | ||
| Q2 24 | $16.6M | $111.5M | ||
| Q1 24 | $4.1M | $135.4M |
| Q4 25 | $20.7M | — | ||
| Q3 25 | $18.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $29.5M | — | ||
| Q4 24 | $38.2M | — | ||
| Q3 24 | $-14.1M | — | ||
| Q2 24 | $15.4M | — | ||
| Q1 24 | $2.9M | — |
| Q4 25 | 7.2% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | -5.1% | — | ||
| Q2 24 | 7.8% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.7% | — |
| Q4 25 | 0.43× | 0.29× | ||
| Q3 25 | 4.32× | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | 6.82× | — | ||
| 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
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
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% |
