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BRC Inc.（BRCC）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是BRC Inc.的1.0倍（$117.7M vs $112.7M），BRC Inc.净利率更高（-2.8% vs -10.8%，领先7.9%），BRC Inc.同比增速更快（6.5% vs -19.2%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M vs $-9.4M），过去两年BRC Inc.的营收复合增速更高（7.0% vs -11.8%）
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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
BRCC vs RGP — 直观对比
营收规模更大
RGP
是对方的1.0倍
$112.7M
营收增速更快
BRCC
高出25.6%
-19.2%
净利率更高
BRCC
高出7.9%
-10.8%
自由现金流更多
RGP
多$25.0M
$-9.4M
两年增速更快
BRCC
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $117.7M |
| 净利润 | $-3.2M | $-12.7M |
| 毛利率 | 32.1% | 37.1% |
| 营业利润率 | -6.3% | -10.3% |
| 净利率 | -2.8% | -10.8% |
| 营收同比 | 6.5% | -19.2% |
| 净利润同比 | -29.3% | 81.6% |
| 每股收益（稀释后） | $-0.02 | $-0.38 |
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BRCCRGP
| Q4 25 | $112.7M | $117.7M | ||
| Q3 25 | $100.7M | $120.2M | ||
| Q2 25 | $94.8M | $139.3M | ||
| Q1 25 | $90.0M | $129.4M | ||
| Q4 24 | $105.9M | $145.6M | ||
| Q3 24 | $98.2M | $136.9M | ||
| Q2 24 | $89.0M | $148.2M | ||
| Q1 24 | $98.4M | $151.3M |
净利润BRCCRGP
| Q4 25 | $-3.2M | $-12.7M | ||
| Q3 25 | $-486.0K | $-2.4M | ||
| Q2 25 | $-5.3M | $-73.3M | ||
| Q1 25 | $-2.9M | $-44.1M | ||
| Q4 24 | $-2.5M | $-68.7M | ||
| Q3 24 | $-535.0K | $-5.7M | ||
| Q2 24 | $-482.0K | $10.5M | ||
| Q1 24 | $548.0K | $2.5M |
毛利率BRCCRGP
| Q4 25 | 32.1% | 37.1% | ||
| Q3 25 | 36.9% | 39.5% | ||
| Q2 25 | 33.9% | 40.2% | ||
| Q1 25 | 36.1% | 35.1% | ||
| Q4 24 | 38.1% | 38.5% | ||
| Q3 24 | 42.1% | 36.5% | ||
| Q2 24 | 41.9% | 40.2% | ||
| Q1 24 | 42.9% | 37.0% |
营业利润率BRCCRGP
| Q4 25 | -6.3% | -10.3% | ||
| Q3 25 | 0.5% | -1.7% | ||
| Q2 25 | -13.3% | -47.0% | ||
| Q1 25 | -6.0% | -38.4% | ||
| Q4 24 | -2.1% | -52.7% | ||
| Q3 24 | 1.1% | -3.5% | ||
| Q2 24 | 1.1% | 7.6% | ||
| Q1 24 | 4.0% | 2.8% |
净利率BRCCRGP
| Q4 25 | -2.8% | -10.8% | ||
| Q3 25 | -0.5% | -2.0% | ||
| Q2 25 | -5.6% | -52.6% | ||
| Q1 25 | -3.2% | -34.0% | ||
| Q4 24 | -2.3% | -47.2% | ||
| Q3 24 | -0.5% | -4.2% | ||
| Q2 24 | -0.5% | 7.1% | ||
| Q1 24 | 0.6% | 1.7% |
每股收益（稀释后）BRCCRGP
| Q4 25 | $-0.02 | $-0.38 | ||
| Q3 25 | $0.00 | $-0.07 | ||
| Q2 25 | $-0.07 | $-2.21 | ||
| Q1 25 | $-0.04 | $-1.34 | ||
| Q4 24 | $-0.03 | $-2.08 | ||
| Q3 24 | $-0.01 | $-0.17 | ||
| Q2 24 | $-0.01 | $0.31 | ||
| Q1 24 | $0.01 | $0.08 |
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 | $4.3M | $89.8M |
| 总债务越低越好 | $34.7M | — |
| 股东权益账面价值 | $45.7M | $194.6M |
| 总资产 | $209.2M | $289.3M |
| 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BRCCRGP
| Q4 25 | $4.3M | $89.8M | ||
| Q3 25 | $9.5M | $77.5M | ||
| Q2 25 | $4.3M | $86.1M | ||
| Q1 25 | $3.9M | $72.5M | ||
| Q4 24 | $6.8M | $78.2M | ||
| Q3 24 | $7.3M | $89.6M | ||
| Q2 24 | $9.6M | $108.9M | ||
| Q1 24 | $4.0M | $113.8M |
总债务BRCCRGP
| Q4 25 | $34.7M | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $72.7M | — | ||
| Q1 25 | $68.8M | — | ||
| Q4 24 | $65.1M | — | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
股东权益BRCCRGP
| Q4 25 | $45.7M | $194.6M | ||
| Q3 25 | $48.0M | $206.4M | ||
| Q2 25 | $10.1M | $207.1M | ||
| Q1 25 | $11.2M | $277.8M | ||
| Q4 24 | $13.2M | $325.7M | ||
| Q3 24 | $14.5M | $407.2M | ||
| Q2 24 | $14.9M | $418.8M | ||
| Q1 24 | $14.6M | $414.9M |
总资产BRCCRGP
| Q4 25 | $209.2M | $289.3M | ||
| Q3 25 | $222.4M | $287.2M | ||
| Q2 25 | $225.3M | $304.7M | ||
| Q1 25 | $222.9M | $375.6M | ||
| Q4 24 | $227.4M | $424.9M | ||
| Q3 24 | $233.7M | $512.9M | ||
| Q2 24 | $229.9M | $510.9M | ||
| Q1 24 | $227.2M | $523.2M |
负债/权益比BRCCRGP
| 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 | $-8.7M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $15.6M |
| 自由现金流率自由现金流/营收 | -8.3% | 13.2% |
| 资本支出强度资本支出/营收 | 0.6% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-13.5M | $24.3M |
8季度趋势，按日历期对齐
经营现金流BRCCRGP
| Q4 25 | $-8.7M | $15.9M | ||
| Q3 25 | $6.4M | $-7.8M | ||
| Q2 25 | $-3.3M | $16.8M | ||
| Q1 25 | $-4.1M | $659.0K | ||
| Q4 24 | $2.2M | $1.8M | ||
| Q3 24 | $1.9M | $-309.0K | ||
| Q2 24 | $2.3M | $3.2M | ||
| Q1 24 | $4.9M | $20.5M |
自由现金流BRCCRGP
| Q4 25 | $-9.4M | $15.6M | ||
| Q3 25 | $5.6M | $-8.0M | ||
| Q2 25 | $-4.3M | $16.5M | ||
| Q1 25 | $-5.3M | $238.0K | ||
| Q4 24 | $504.0K | $61.0K | ||
| Q3 24 | $-205.0K | $-575.0K | ||
| Q2 24 | $147.0K | $3.0M | ||
| Q1 24 | $2.2M | $20.4M |
自由现金流率BRCCRGP
| Q4 25 | -8.3% | 13.2% | ||
| Q3 25 | 5.5% | -6.6% | ||
| Q2 25 | -4.5% | 11.8% | ||
| Q1 25 | -5.9% | 0.2% | ||
| Q4 24 | 0.5% | 0.0% | ||
| Q3 24 | -0.2% | -0.4% | ||
| Q2 24 | 0.2% | 2.1% | ||
| Q1 24 | 2.2% | 13.5% |
资本支出强度BRCCRGP
| Q4 25 | 0.6% | 0.3% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 1.0% | 0.2% | ||
| Q1 25 | 1.3% | 0.3% | ||
| Q4 24 | 1.6% | 1.2% | ||
| Q3 24 | 2.2% | 0.2% | ||
| Q2 24 | 2.4% | 0.1% | ||
| Q1 24 | 2.8% | 0.1% |
现金转化率BRCCRGP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | 8.97× | 8.04× |
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
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
