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Side-by-side financial comparison of BRC Group Holdings, Inc. (RILY) and SailPoint, Inc. (SAIL). Click either name above to swap in a different company.

SailPoint, Inc. is the larger business by last-quarter revenue ($281.9M vs $188.3M, roughly 1.5× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -12.8%, a 60.7% gap on every dollar of revenue. On growth, SailPoint, Inc. posted the faster year-over-year revenue change (6.7% vs -21.9%).

Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi designated as Maharatna CPSE. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 51,351 employees and is under the administrative control of the Ministry of Steel.

RILY vs SAIL — Head-to-Head

Bigger by revenue
SAIL
SAIL
1.5× larger
SAIL
$281.9M
$188.3M
RILY
Growing faster (revenue YoY)
SAIL
SAIL
+28.5% gap
SAIL
6.7%
-21.9%
RILY
Higher net margin
RILY
RILY
60.7% more per $
RILY
47.9%
-12.8%
SAIL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
RILY
RILY
SAIL
SAIL
Revenue
$188.3M
$281.9M
Net Profit
$90.3M
$-36.0M
Gross Margin
79.5%
66.3%
Operating Margin
32.3%
-14.8%
Net Margin
47.9%
-12.8%
Revenue YoY
-21.9%
6.7%
Net Profit YoY
1710.8%
-240.9%
EPS (diluted)
$2.78
$-0.06

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
RILY
RILY
SAIL
SAIL
Q4 25
$188.3M
$281.9M
Q3 25
$215.3M
$264.4M
Q2 25
$188.2M
$230.5M
Q1 25
$197.2M
$240.1M
Q4 24
$241.0M
Q3 24
$225.5M
$198.6M
Q2 24
$256.0M
$187.7M
Q1 24
$263.4M
Net Profit
RILY
RILY
SAIL
SAIL
Q4 25
$90.3M
$-36.0M
Q3 25
$91.1M
$-10.6M
Q2 25
$139.5M
$-187.3M
Q1 25
$-10.0M
$-80.1M
Q4 24
$-5.6M
Q3 24
$-284.4M
$-87.1M
Q2 24
$-433.6M
$-89.2M
Q1 24
$-49.2M
Gross Margin
RILY
RILY
SAIL
SAIL
Q4 25
79.5%
66.3%
Q3 25
83.7%
67.3%
Q2 25
81.3%
55.4%
Q1 25
81.4%
66.5%
Q4 24
79.8%
Q3 24
82.1%
62.1%
Q2 24
84.5%
61.5%
Q1 24
85.3%
Operating Margin
RILY
RILY
SAIL
SAIL
Q4 25
32.3%
-14.8%
Q3 25
30.4%
-15.4%
Q2 25
5.7%
-80.3%
Q1 25
-31.2%
-12.6%
Q4 24
-69.2%
Q3 24
-36.4%
-33.2%
Q2 24
-90.8%
-36.3%
Q1 24
-6.1%
Net Margin
RILY
RILY
SAIL
SAIL
Q4 25
47.9%
-12.8%
Q3 25
42.3%
-4.0%
Q2 25
74.1%
-81.3%
Q1 25
-5.1%
-33.4%
Q4 24
-2.3%
Q3 24
-126.1%
-43.9%
Q2 24
-169.4%
-47.5%
Q1 24
-18.7%
EPS (diluted)
RILY
RILY
SAIL
SAIL
Q4 25
$2.78
$-0.06
Q3 25
$2.91
$-0.02
Q2 25
$4.50
$-0.42
Q1 25
$-0.39
$-6.50
Q4 24
$-0.01
Q3 24
$-9.39
$-2.97
Q2 24
$-14.35
$-0.77
Q1 24
$-1.71

Balance Sheet & Financial Strength

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

Metric
RILY
RILY
SAIL
SAIL
Cash + ST InvestmentsLiquidity on hand
$226.6M
$298.1M
Total DebtLower is stronger
$1.4B
$0
Stockholders' EquityBook value
$-171.5M
$6.8B
Total Assets
$1.7B
$7.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RILY
RILY
SAIL
SAIL
Q4 25
$226.6M
$298.1M
Q3 25
$184.2M
$271.1M
Q2 25
$267.4M
$228.1M
Q1 25
$138.3M
$121.3M
Q4 24
$146.9M
Q3 24
$159.2M
$89.7M
Q2 24
$236.9M
$146.8M
Q1 24
$190.7M
Total Debt
RILY
RILY
SAIL
SAIL
Q4 25
$1.4B
$0
Q3 25
$1.3B
$0
Q2 25
$1.3B
$0
Q1 25
$1.4B
$1.0B
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
RILY
RILY
SAIL
SAIL
Q4 25
$-171.5M
$6.8B
Q3 25
$-260.5M
$6.8B
Q2 25
$-351.7M
$6.8B
Q1 25
$-496.8M
$-5.6B
Q4 24
$-488.2M
Q3 24
$-497.6M
$-701.3M
Q2 24
$-218.3M
$-622.5M
Q1 24
$228.4M
Total Assets
RILY
RILY
SAIL
SAIL
Q4 25
$1.7B
$7.5B
Q3 25
$1.7B
$7.4B
Q2 25
$1.5B
$7.4B
Q1 25
$1.5B
$7.4B
Q4 24
$1.8B
Q3 24
$2.2B
Q2 24
$3.2B
Q1 24
$5.0B
Debt / Equity
RILY
RILY
SAIL
SAIL
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
Q4 24
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
RILY
RILY
SAIL
SAIL
Operating Cash FlowLast quarter
$26.2M
$53.6M
Free Cash FlowOCF − Capex
$52.5M
FCF MarginFCF / Revenue
18.6%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
0.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RILY
RILY
SAIL
SAIL
Q4 25
$26.2M
$53.6M
Q3 25
$-60.6M
$49.9M
Q2 25
$-25.6M
$-96.8M
Q1 25
$184.0K
Q4 24
$-2.7M
Q3 24
$19.5M
Q2 24
$111.5M
$-55.4M
Q1 24
$135.4M
Free Cash Flow
RILY
RILY
SAIL
SAIL
Q4 25
$52.5M
Q3 25
$49.0M
Q2 25
$-99.0M
Q1 25
Q4 24
Q3 24
Q2 24
$-56.0M
Q1 24
FCF Margin
RILY
RILY
SAIL
SAIL
Q4 25
18.6%
Q3 25
18.5%
Q2 25
-43.0%
Q1 25
Q4 24
Q3 24
Q2 24
-29.8%
Q1 24
Capex Intensity
RILY
RILY
SAIL
SAIL
Q4 25
0.4%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
Q4 24
Q3 24
Q2 24
0.3%
Q1 24
Cash Conversion
RILY
RILY
SAIL
SAIL
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

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%

SAIL
SAIL

Software As A Service Saa S$156.0M55%
Term Subscriptions Services$65.1M23%
Maintenance$38.0M13%
Other$15.7M6%
Other Subscription Services$7.1M3%

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