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Side-by-side financial comparison of BRC Group Holdings, Inc. (RILY) and SunCar Technology Group Inc. (SDA). 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 $119.7M, roughly 1.6× SunCar Technology Group Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -1.6%, a 49.5% gap on every dollar of revenue.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

RILY vs SDA — Head-to-Head

Bigger by revenue
RILY
RILY
1.6× larger
RILY
$188.3M
$119.7M
SDA
Higher net margin
RILY
RILY
49.5% more per $
RILY
47.9%
-1.6%
SDA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
RILY
RILY
SDA
SDA
Revenue
$188.3M
$119.7M
Net Profit
$90.3M
$-1.9M
Gross Margin
79.5%
Operating Margin
32.3%
1.5%
Net Margin
47.9%
-1.6%
Revenue YoY
-21.9%
Net Profit YoY
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
RILY
RILY
SDA
SDA
Q4 25
$188.3M
Q3 25
$215.3M
Q2 25
$188.2M
$119.7M
Q1 25
$197.2M
$102.6M
Q4 24
$241.0M
Q3 24
$225.5M
$109.6M
Q2 24
$256.0M
Q1 24
$263.4M
Net Profit
RILY
RILY
SDA
SDA
Q4 25
$90.3M
Q3 25
$91.1M
Q2 25
$139.5M
$-1.9M
Q1 25
$-10.0M
$-3.6M
Q4 24
$-5.6M
Q3 24
$-284.4M
$-2.2M
Q2 24
$-433.6M
Q1 24
$-49.2M
Gross Margin
RILY
RILY
SDA
SDA
Q4 25
79.5%
Q3 25
83.7%
Q2 25
81.3%
Q1 25
81.4%
Q4 24
79.8%
Q3 24
82.1%
Q2 24
84.5%
Q1 24
85.3%
Operating Margin
RILY
RILY
SDA
SDA
Q4 25
32.3%
Q3 25
30.4%
Q2 25
5.7%
1.5%
Q1 25
-31.2%
-2.9%
Q4 24
-69.2%
Q3 24
-36.4%
0.2%
Q2 24
-90.8%
Q1 24
-6.1%
Net Margin
RILY
RILY
SDA
SDA
Q4 25
47.9%
Q3 25
42.3%
Q2 25
74.1%
-1.6%
Q1 25
-5.1%
-3.6%
Q4 24
-2.3%
Q3 24
-126.1%
-2.0%
Q2 24
-169.4%
Q1 24
-18.7%
EPS (diluted)
RILY
RILY
SDA
SDA
Q4 25
$2.78
Q3 25
$2.91
Q2 25
$4.50
Q1 25
$-0.39
$-0.03
Q4 24
$-0.01
Q3 24
$-9.39
$-0.01
Q2 24
$-14.35
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
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$226.6M
$45.7M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$-171.5M
$29.4M
Total Assets
$1.7B
$277.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RILY
RILY
SDA
SDA
Q4 25
$226.6M
Q3 25
$184.2M
Q2 25
$267.4M
$45.7M
Q1 25
$138.3M
$60.5M
Q4 24
$146.9M
Q3 24
$159.2M
$42.0M
Q2 24
$236.9M
Q1 24
$190.7M
Total Debt
RILY
RILY
SDA
SDA
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
RILY
RILY
SDA
SDA
Q4 25
$-171.5M
Q3 25
$-260.5M
Q2 25
$-351.7M
$29.4M
Q1 25
$-496.8M
$34.8M
Q4 24
$-488.2M
Q3 24
$-497.6M
$17.7M
Q2 24
$-218.3M
Q1 24
$228.4M
Total Assets
RILY
RILY
SDA
SDA
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.5B
$277.5M
Q1 25
$1.5B
$276.7M
Q4 24
$1.8B
Q3 24
$2.2B
$252.1M
Q2 24
$3.2B
Q1 24
$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
RILY
RILY
SDA
SDA
Operating Cash FlowLast quarter
$26.2M
$9.0K
Free Cash FlowOCF − Capex
$3.0K
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
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
SDA
SDA
Q4 25
$26.2M
Q3 25
$-60.6M
Q2 25
$-25.6M
$9.0K
Q1 25
$184.0K
$-9.3M
Q4 24
$-2.7M
Q3 24
$19.5M
$3.8M
Q2 24
$111.5M
Q1 24
$135.4M
Free Cash Flow
RILY
RILY
SDA
SDA
Q4 25
Q3 25
Q2 25
$3.0K
Q1 25
$-9.3M
Q4 24
Q3 24
$3.5M
Q2 24
Q1 24
FCF Margin
RILY
RILY
SDA
SDA
Q4 25
Q3 25
Q2 25
0.0%
Q1 25
-9.0%
Q4 24
Q3 24
3.2%
Q2 24
Q1 24
Capex Intensity
RILY
RILY
SDA
SDA
Q4 25
Q3 25
Q2 25
0.0%
Q1 25
0.0%
Q4 24
Q3 24
0.3%
Q2 24
Q1 24
Cash Conversion
RILY
RILY
SDA
SDA
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%

SDA
SDA

Segment breakdown not available.

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