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Side-by-side financial comparison of Fat Brands, Inc (FAT) and レッドロビン・グルメバーガー (RRGB), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

レッドロビン・グルメバーガー is the larger business by last-quarter revenue ($265.1M vs $140.0M, roughly 1.9× Fat Brands, Inc). レッドロビン・グルメバーガー runs the higher net margin — -41.6% vs -6.9%, a 34.6% gap on every dollar of revenue. On growth, Fat Brands, Inc posted the faster year-over-year revenue change (-2.3% vs -3.5%). レッドロビン・グルメバーガー produced more free cash flow last quarter ($-10.1M vs $-16.9M). Over the past eight quarters, レッドロビン・グルメバーガー's revenue compounded faster (-5.8% CAGR vs -6.1%).

FAT Brandsはアメリカ合衆国に本拠を置く複数ブランドのレストラン・スポーツバーのフランチャイズ運営企業で、本社はカリフォルニア州ビバリーヒルズに位置し、各種飲食店とスポーツバーのフランチャイズ事業を展開しています。

レッドロビン・グルメバーガー社は米国に本社を置くカジュアルダイニングチェーンで、多種多様なグルメバーガーを主力とし、前菜、特製ミルクセーキ、サラダ、サンドイッチなども提供しています。米国複数州に店舗を構え、イートインとテイクアウトの両方に対応しています。

FAT vs RRGB — Head-to-Head

Bigger by revenue
RRGB
RRGB
1.9× larger
RRGB
$265.1M
$140.0M
FAT
Growing faster (revenue YoY)
FAT
FAT
+1.1% gap
FAT
-2.3%
-3.5%
RRGB
Higher net margin
RRGB
RRGB
34.6% more per $
RRGB
-6.9%
-41.6%
FAT
More free cash flow
RRGB
RRGB
$6.8M more FCF
RRGB
$-10.1M
$-16.9M
FAT
Faster 2-yr revenue CAGR
RRGB
RRGB
Annualised
RRGB
-5.8%
-6.1%
FAT

Income Statement — Q3 2025 vs Q4 2025

Metric
FAT
FAT
RRGB
RRGB
Revenue
$140.0M
$265.1M
Net Profit
$-58.2M
$-18.4M
Gross Margin
Operating Margin
-12.4%
-4.6%
Net Margin
-41.6%
-6.9%
Revenue YoY
-2.3%
-3.5%
Net Profit YoY
-30.1%
2.4%
EPS (diluted)
$-3.39
$-1.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
FAT
FAT
RRGB
RRGB
Q4 25
$265.1M
Q3 25
$140.0M
$283.7M
Q2 25
$146.8M
$392.4M
Q1 25
$142.0M
Q4 24
$145.3M
$274.6M
Q3 24
$143.4M
$300.2M
Q2 24
$152.0M
$388.5M
Q1 24
$152.0M
Net Profit
FAT
FAT
RRGB
RRGB
Q4 25
$-18.4M
Q3 25
$-58.2M
$4.0M
Q2 25
$-54.2M
$1.2M
Q1 25
$-46.0M
Q4 24
$-67.4M
$-18.9M
Q3 24
$-44.8M
$-9.5M
Q2 24
$-39.4M
$-9.5M
Q1 24
$-38.3M
Operating Margin
FAT
FAT
RRGB
RRGB
Q4 25
-4.6%
Q3 25
-12.4%
3.5%
Q2 25
-10.6%
2.3%
Q1 25
-6.0%
Q4 24
-27.1%
-4.7%
Q3 24
-6.2%
-1.5%
Q2 24
-1.8%
-0.5%
Q1 24
-0.9%
Net Margin
FAT
FAT
RRGB
RRGB
Q4 25
-6.9%
Q3 25
-41.6%
1.4%
Q2 25
-36.9%
0.3%
Q1 25
-32.4%
Q4 24
-46.4%
-6.9%
Q3 24
-31.2%
-3.2%
Q2 24
-25.9%
-2.4%
Q1 24
-25.2%
EPS (diluted)
FAT
FAT
RRGB
RRGB
Q4 25
$-1.03
Q3 25
$-3.39
$0.21
Q2 25
$-3.17
$0.07
Q1 25
$-2.73
Q4 24
$-4.06
$-1.20
Q3 24
$-2.74
$-0.61
Q2 24
$-2.43
$-0.61
Q1 24
$-2.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
FAT
FAT
RRGB
RRGB
Cash + ST InvestmentsLiquidity on hand
$21.7M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$-585.8M
$-96.1M
Total Assets
$1.2B
$574.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
FAT
FAT
RRGB
RRGB
Q4 25
$21.7M
Q3 25
$24.4M
Q2 25
$24.1M
Q1 25
Q4 24
$22.0M
Q3 24
$23.1M
Q2 24
$30.6M
Q1 24
Total Debt
FAT
FAT
RRGB
RRGB
Q4 25
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
FAT
FAT
RRGB
RRGB
Q4 25
$-96.1M
Q3 25
$-585.8M
$-78.6M
Q2 25
$-536.5M
$-80.4M
Q1 25
$-493.9M
Q4 24
$-455.7M
$-53.3M
Q3 24
$-386.1M
$-36.5M
Q2 24
$-338.6M
$-29.1M
Q1 24
$-296.8M
Total Assets
FAT
FAT
RRGB
RRGB
Q4 25
$574.2M
Q3 25
$1.2B
$586.9M
Q2 25
$1.2B
$606.2M
Q1 25
$1.3B
Q4 24
$1.3B
$669.4M
Q3 24
$1.3B
$689.1M
Q2 24
$1.4B
$717.1M
Q1 24
$1.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
FAT
FAT
RRGB
RRGB
Operating Cash FlowLast quarter
$-14.5M
$-3.5M
Free Cash FlowOCF − Capex
$-16.9M
$-10.1M
FCF MarginFCF / Revenue
-12.1%
-3.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.7%
2.5%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters
$-75.0M
$-17.0M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
FAT
FAT
RRGB
RRGB
Q4 25
$-3.5M
Q3 25
$-14.5M
$9.9M
Q2 25
$-26.9M
$19.6M
Q1 25
$-13.2M
Q4 24
$-10.4M
$-12.4M
Q3 24
$-3.2M
$512.0K
Q2 24
$-14.2M
$13.7M
Q1 24
$-28.4M
Free Cash Flow
FAT
FAT
RRGB
RRGB
Q4 25
$-10.1M
Q3 25
$-16.9M
$3.4M
Q2 25
$-29.3M
$7.6M
Q1 25
$-17.8M
Q4 24
$-11.0M
$-18.0M
Q3 24
$-11.1M
$-5.1M
Q2 24
$-24.4M
$5.5M
Q1 24
$-32.5M
FCF Margin
FAT
FAT
RRGB
RRGB
Q4 25
-3.8%
Q3 25
-12.1%
1.2%
Q2 25
-20.0%
1.9%
Q1 25
-12.5%
Q4 24
-7.6%
-6.5%
Q3 24
-7.7%
-1.7%
Q2 24
-16.1%
1.4%
Q1 24
-21.4%
Capex Intensity
FAT
FAT
RRGB
RRGB
Q4 25
2.5%
Q3 25
1.7%
2.3%
Q2 25
1.6%
3.1%
Q1 25
3.2%
Q4 24
0.4%
2.0%
Q3 24
5.5%
1.9%
Q2 24
6.7%
2.1%
Q1 24
2.7%
Cash Conversion
FAT
FAT
RRGB
RRGB
Q4 25
Q3 25
2.49×
Q2 25
15.67×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

FAT
FAT

Restaurant Sales$96.6M69%
Royalty$21.6M15%
Factory$9.6M7%
Advertising$9.1M7%
Franchisor$1.5M1%
Other$1.5M1%

RRGB
RRGB

Food And Beverage$260.9M98%
Franchise$3.3M1%
Products And Services Loyalty$1.1M0%

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