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BELLRING BRANDS, INC.（BRBR）与BRC Inc.（BRCC）财务数据对比。点击上方公司名可切换其他公司
BELLRING BRANDS, INC.的季度营收约是BRC Inc.的4.8倍（$537.3M vs $112.7M）。BELLRING BRANDS, INC.净利率更高（8.1% vs -2.8%，领先11.0%）。BRC Inc.同比增速更快（6.5% vs 0.8%）。BELLRING BRANDS, INC.自由现金流更多（$-7.3M vs $-9.4M）。过去两年BRC Inc.的营收复合增速更高（7.0% vs 4.2%）
Bellring Brands是一家知名营养食品企业，研发、生产及销售蛋白饮料、蛋白棒、蛋白粉等功能性营养产品，旗下拥有Premier Protein、Dymatize等知名品牌，主要面向北美市场的健康及运动爱好者，通过零售、电商等多渠道发售。
BRC Inc.是一家美国高端咖啡与生活方式品牌，主营烘焙咖啡豆、即饮咖啡饮品、品牌服饰及户外装备，核心客群包含退伍军人、急救人员与户外爱好者，在北美地区通过电商及线下实体门店渠道销售产品。
BRBR vs BRCC — 直观对比
营收规模更大
BRBR
是对方的4.8倍
$112.7M
营收增速更快
BRCC
高出5.7%
0.8%
净利率更高
BRBR
高出11.0%
-2.8%
自由现金流更多
BRBR
多$2.1M
$-9.4M
两年增速更快
BRCC
近两年复合增速
4.2%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $112.7M |
| 净利润 | $43.7M | $-3.2M |
| 毛利率 | 29.9% | 32.1% |
| 营业利润率 | 14.6% | -6.3% |
| 净利率 | 8.1% | -2.8% |
| 营收同比 | 0.8% | 6.5% |
| 净利润同比 | -43.2% | -29.3% |
| 每股收益（稀释后） | $0.36 | $-0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BRBRBRCC
| Q4 25 | $537.3M | $112.7M | ||
| Q3 25 | $648.2M | $100.7M | ||
| Q2 25 | $547.5M | $94.8M | ||
| Q1 25 | $588.0M | $90.0M | ||
| Q4 24 | $532.9M | $105.9M | ||
| Q3 24 | $555.8M | $98.2M | ||
| Q2 24 | $515.4M | $89.0M | ||
| Q1 24 | $494.6M | $98.4M |
净利润BRBRBRCC
| Q4 25 | $43.7M | $-3.2M | ||
| Q3 25 | $59.6M | $-486.0K | ||
| Q2 25 | $21.0M | $-5.3M | ||
| Q1 25 | $58.7M | $-2.9M | ||
| Q4 24 | $76.9M | $-2.5M | ||
| Q3 24 | $71.7M | $-535.0K | ||
| Q2 24 | $73.7M | $-482.0K | ||
| Q1 24 | $57.2M | $548.0K |
毛利率BRBRBRCC
| Q4 25 | 29.9% | 32.1% | ||
| Q3 25 | 28.9% | 36.9% | ||
| Q2 25 | 35.4% | 33.9% | ||
| Q1 25 | 32.3% | 36.1% | ||
| Q4 24 | 37.5% | 38.1% | ||
| Q3 24 | 36.9% | 42.1% | ||
| Q2 24 | 36.8% | 41.9% | ||
| Q1 24 | 33.2% | 42.9% |
营业利润率BRBRBRCC
| Q4 25 | 14.6% | -6.3% | ||
| Q3 25 | 15.8% | 0.5% | ||
| Q2 25 | 8.2% | -13.3% | ||
| Q1 25 | 16.2% | -6.0% | ||
| Q4 24 | 21.6% | -2.1% | ||
| Q3 24 | 20.2% | 1.1% | ||
| Q2 24 | 21.7% | 1.1% | ||
| Q1 24 | 18.4% | 4.0% |
净利率BRBRBRCC
| Q4 25 | 8.1% | -2.8% | ||
| Q3 25 | 9.2% | -0.5% | ||
| Q2 25 | 3.8% | -5.6% | ||
| Q1 25 | 10.0% | -3.2% | ||
| Q4 24 | 14.4% | -2.3% | ||
| Q3 24 | 12.9% | -0.5% | ||
| Q2 24 | 14.3% | -0.5% | ||
| Q1 24 | 11.6% | 0.6% |
每股收益（稀释后）BRBRBRCC
| Q4 25 | $0.36 | $-0.02 | ||
| Q3 25 | $0.48 | $0.00 | ||
| Q2 25 | $0.16 | $-0.07 | ||
| Q1 25 | $0.45 | $-0.04 | ||
| Q4 24 | $0.59 | $-0.03 | ||
| Q3 24 | $0.54 | $-0.01 | ||
| Q2 24 | $0.56 | $-0.01 | ||
| Q1 24 | $0.43 | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $64.1M | $4.3M |
| 总债务越低越好 | $1.2B | $34.7M |
| 股东权益账面价值 | $-510.7M | $45.7M |
| 总资产 | $1.1B | $209.2M |
| 负债/权益比越低杠杆越低 | — | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资BRBRBRCC
| Q4 25 | $64.1M | $4.3M | ||
| Q3 25 | $71.8M | $9.5M | ||
| Q2 25 | $43.7M | $4.3M | ||
| Q1 25 | $28.1M | $3.9M | ||
| Q4 24 | $49.6M | $6.8M | ||
| Q3 24 | $70.8M | $7.3M | ||
| Q2 24 | $72.6M | $9.6M | ||
| Q1 24 | $79.3M | $4.0M |
总债务BRBRBRCC
| Q4 25 | $1.2B | $34.7M | ||
| Q3 25 | $1.1B | $35.0M | ||
| Q2 25 | $1.0B | $72.7M | ||
| Q1 25 | $953.7M | $68.8M | ||
| Q4 24 | $833.4M | $65.1M | ||
| Q3 24 | $833.1M | $64.9M | ||
| Q2 24 | $832.7M | $66.5M | ||
| Q1 24 | $832.4M | $61.5M |
股东权益BRBRBRCC
| Q4 25 | $-510.7M | $45.7M | ||
| Q3 25 | $-453.9M | $48.0M | ||
| Q2 25 | $-309.9M | $10.1M | ||
| Q1 25 | $-254.1M | $11.2M | ||
| Q4 24 | $-146.6M | $13.2M | ||
| Q3 24 | $-205.9M | $14.5M | ||
| Q2 24 | $-243.2M | $14.9M | ||
| Q1 24 | $-247.7M | $14.6M |
总资产BRBRBRCC
| Q4 25 | $1.1B | $209.2M | ||
| Q3 25 | $941.0M | $222.4M | ||
| Q2 25 | $993.7M | $225.3M | ||
| Q1 25 | $947.5M | $222.9M | ||
| Q4 24 | $885.2M | $227.4M | ||
| Q3 24 | $837.0M | $233.7M | ||
| Q2 24 | $804.1M | $229.9M | ||
| Q1 24 | $765.0M | $227.2M |
负债/权益比BRBRBRCC
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 7.19× | ||
| Q1 25 | — | 6.15× | ||
| Q4 24 | — | 4.94× | ||
| Q3 24 | — | 4.47× | ||
| Q2 24 | — | 4.46× | ||
| Q1 24 | — | 4.21× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-3.1M | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | $-9.4M |
| 自由现金流率自由现金流/营收 | -1.4% | -8.3% |
| 资本支出强度资本支出/营收 | 0.8% | 0.6% |
| 现金转化率经营现金流/净利润 | -0.07× | — |
| 过去12个月自由现金流最近4个季度 | $246.9M | $-13.5M |
8季度趋势，按日历期对齐
经营现金流BRBRBRCC
| Q4 25 | $-3.1M | $-8.7M | ||
| Q3 25 | $169.1M | $6.4M | ||
| Q2 25 | $40.3M | $-3.3M | ||
| Q1 25 | $48.2M | $-4.1M | ||
| Q4 24 | $3.0M | $2.2M | ||
| Q3 24 | $40.1M | $1.9M | ||
| Q2 24 | $69.0M | $2.3M | ||
| Q1 24 | $16.3M | $4.9M |
自由现金流BRBRBRCC
| Q4 25 | $-7.3M | $-9.4M | ||
| Q3 25 | $168.1M | $5.6M | ||
| Q2 25 | $38.5M | $-4.3M | ||
| Q1 25 | $47.6M | $-5.3M | ||
| Q4 24 | $1.7M | $504.0K | ||
| Q3 24 | $38.9M | $-205.0K | ||
| Q2 24 | $68.9M | $147.0K | ||
| Q1 24 | $16.0M | $2.2M |
自由现金流率BRBRBRCC
| Q4 25 | -1.4% | -8.3% | ||
| Q3 25 | 25.9% | 5.5% | ||
| Q2 25 | 7.0% | -4.5% | ||
| Q1 25 | 8.1% | -5.9% | ||
| Q4 24 | 0.3% | 0.5% | ||
| Q3 24 | 7.0% | -0.2% | ||
| Q2 24 | 13.4% | 0.2% | ||
| Q1 24 | 3.2% | 2.2% |
资本支出强度BRBRBRCC
| Q4 25 | 0.8% | 0.6% | ||
| Q3 25 | 0.2% | 0.8% | ||
| Q2 25 | 0.3% | 1.0% | ||
| Q1 25 | 0.1% | 1.3% | ||
| Q4 24 | 0.2% | 1.6% | ||
| Q3 24 | 0.2% | 2.2% | ||
| Q2 24 | 0.0% | 2.4% | ||
| Q1 24 | 0.1% | 2.8% |
现金转化率BRBRBRCC
| Q4 25 | -0.07× | — | ||
| Q3 25 | 2.84× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.94× | — | ||
| Q1 24 | 0.28× | 8.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
