vs
BRC Inc.（BRCC）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是BRC Inc.的1.7倍（$188.3M vs $112.7M），BRC Group Holdings, Inc.净利率更高（47.9% vs -2.8%，领先50.8%），BRC Inc.同比增速更快（6.5% vs -21.9%），过去两年BRC Inc.的营收复合增速更高（7.0% vs -15.4%）
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。
BRCC vs RILY — 直观对比
营收规模更大
RILY
是对方的1.7倍
$112.7M
营收增速更快
BRCC
高出28.3%
-21.9%
净利率更高
RILY
高出50.8%
-2.8%
两年增速更快
BRCC
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $188.3M |
| 净利润 | $-3.2M | $90.3M |
| 毛利率 | 32.1% | 79.5% |
| 营业利润率 | -6.3% | 32.3% |
| 净利率 | -2.8% | 47.9% |
| 营收同比 | 6.5% | -21.9% |
| 净利润同比 | -29.3% | 1710.8% |
| 每股收益（稀释后） | $-0.02 | $2.78 |
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BRCCRILY
| Q4 25 | $112.7M | $188.3M | ||
| Q3 25 | $100.7M | $215.3M | ||
| Q2 25 | $94.8M | $188.2M | ||
| Q1 25 | $90.0M | $197.2M | ||
| Q4 24 | $105.9M | $241.0M | ||
| Q3 24 | $98.2M | $225.5M | ||
| Q2 24 | $89.0M | $256.0M | ||
| Q1 24 | $98.4M | $263.4M |
净利润BRCCRILY
| Q4 25 | $-3.2M | $90.3M | ||
| Q3 25 | $-486.0K | $91.1M | ||
| Q2 25 | $-5.3M | $139.5M | ||
| Q1 25 | $-2.9M | $-10.0M | ||
| Q4 24 | $-2.5M | $-5.6M | ||
| Q3 24 | $-535.0K | $-284.4M | ||
| Q2 24 | $-482.0K | $-433.6M | ||
| Q1 24 | $548.0K | $-49.2M |
毛利率BRCCRILY
| Q4 25 | 32.1% | 79.5% | ||
| Q3 25 | 36.9% | 83.7% | ||
| Q2 25 | 33.9% | 81.3% | ||
| Q1 25 | 36.1% | 81.4% | ||
| Q4 24 | 38.1% | 79.8% | ||
| Q3 24 | 42.1% | 82.1% | ||
| Q2 24 | 41.9% | 84.5% | ||
| Q1 24 | 42.9% | 85.3% |
营业利润率BRCCRILY
| Q4 25 | -6.3% | 32.3% | ||
| Q3 25 | 0.5% | 30.4% | ||
| Q2 25 | -13.3% | 5.7% | ||
| Q1 25 | -6.0% | -31.2% | ||
| Q4 24 | -2.1% | -69.2% | ||
| Q3 24 | 1.1% | -36.4% | ||
| Q2 24 | 1.1% | -90.8% | ||
| Q1 24 | 4.0% | -6.1% |
净利率BRCCRILY
| Q4 25 | -2.8% | 47.9% | ||
| Q3 25 | -0.5% | 42.3% | ||
| Q2 25 | -5.6% | 74.1% | ||
| Q1 25 | -3.2% | -5.1% | ||
| Q4 24 | -2.3% | -2.3% | ||
| Q3 24 | -0.5% | -126.1% | ||
| Q2 24 | -0.5% | -169.4% | ||
| Q1 24 | 0.6% | -18.7% |
每股收益（稀释后）BRCCRILY
| Q4 25 | $-0.02 | $2.78 | ||
| Q3 25 | $0.00 | $2.91 | ||
| Q2 25 | $-0.07 | $4.50 | ||
| Q1 25 | $-0.04 | $-0.39 | ||
| Q4 24 | $-0.03 | $-0.01 | ||
| Q3 24 | $-0.01 | $-9.39 | ||
| Q2 24 | $-0.01 | $-14.35 | ||
| Q1 24 | $0.01 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | $34.7M | $1.4B |
| 股东权益账面价值 | $45.7M | $-171.5M |
| 总资产 | $209.2M | $1.7B |
| 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BRCCRILY
| Q4 25 | $4.3M | $226.6M | ||
| Q3 25 | $9.5M | $184.2M | ||
| Q2 25 | $4.3M | $267.4M | ||
| Q1 25 | $3.9M | $138.3M | ||
| Q4 24 | $6.8M | $146.9M | ||
| Q3 24 | $7.3M | $159.2M | ||
| Q2 24 | $9.6M | $236.9M | ||
| Q1 24 | $4.0M | $190.7M |
总债务BRCCRILY
| Q4 25 | $34.7M | $1.4B | ||
| Q3 25 | $35.0M | $1.3B | ||
| Q2 25 | $72.7M | $1.3B | ||
| Q1 25 | $68.8M | $1.4B | ||
| Q4 24 | $65.1M | $1.5B | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
股东权益BRCCRILY
| Q4 25 | $45.7M | $-171.5M | ||
| Q3 25 | $48.0M | $-260.5M | ||
| Q2 25 | $10.1M | $-351.7M | ||
| Q1 25 | $11.2M | $-496.8M | ||
| Q4 24 | $13.2M | $-488.2M | ||
| Q3 24 | $14.5M | $-497.6M | ||
| Q2 24 | $14.9M | $-218.3M | ||
| Q1 24 | $14.6M | $228.4M |
总资产BRCCRILY
| Q4 25 | $209.2M | $1.7B | ||
| Q3 25 | $222.4M | $1.7B | ||
| Q2 25 | $225.3M | $1.5B | ||
| Q1 25 | $222.9M | $1.5B | ||
| Q4 24 | $227.4M | $1.8B | ||
| Q3 24 | $233.7M | $2.2B | ||
| Q2 24 | $229.9M | $3.2B | ||
| Q1 24 | $227.2M | $5.0B |
负债/权益比BRCCRILY
| 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 | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | — |
| 自由现金流率自由现金流/营收 | -8.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $-13.5M | — |
8季度趋势，按日历期对齐
经营现金流BRCCRILY
| Q4 25 | $-8.7M | $26.2M | ||
| Q3 25 | $6.4M | $-60.6M | ||
| Q2 25 | $-3.3M | $-25.6M | ||
| Q1 25 | $-4.1M | $184.0K | ||
| Q4 24 | $2.2M | $-2.7M | ||
| Q3 24 | $1.9M | $19.5M | ||
| Q2 24 | $2.3M | $111.5M | ||
| Q1 24 | $4.9M | $135.4M |
自由现金流BRCCRILY
| Q4 25 | $-9.4M | — | ||
| Q3 25 | $5.6M | — | ||
| Q2 25 | $-4.3M | — | ||
| Q1 25 | $-5.3M | — | ||
| Q4 24 | $504.0K | — | ||
| Q3 24 | $-205.0K | — | ||
| Q2 24 | $147.0K | — | ||
| Q1 24 | $2.2M | — |
自由现金流率BRCCRILY
| Q4 25 | -8.3% | — | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | -4.5% | — | ||
| Q1 25 | -5.9% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 2.2% | — |
资本支出强度BRCCRILY
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 2.8% | — |
现金转化率BRCCRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 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
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
