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BRC Inc.（BRCC）与SunOpta Inc.（STKL）财务数据对比。点击上方公司名可切换其他公司
SunOpta Inc.的季度营收约是BRC Inc.的1.8倍（$205.4M vs $112.7M）。SunOpta Inc.净利率更高（0.4% vs -2.8%，领先3.2%）。SunOpta Inc.同比增速更快（16.6% vs 6.5%）。SunOpta Inc.自由现金流更多（$12.1M vs $-9.4M）。过去两年SunOpta Inc.的营收复合增速更高（7.4% vs 7.0%）
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。
SunOpta Inc.是一家跨国企业，主营食品与矿产业务，公司1973年于加拿大创立，目前总部位于美国明尼苏达州伊登普雷里，在相关行业领域拥有多年的运营经验与全球化布局。
BRCC vs STKL — 直观对比
营收规模更大
STKL
是对方的1.8倍
$112.7M
营收增速更快
STKL
高出10.1%
6.5%
净利率更高
STKL
高出3.2%
-2.8%
自由现金流更多
STKL
多$21.5M
$-9.4M
两年增速更快
STKL
近两年复合增速
7.0%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $205.4M |
| 净利润 | $-3.2M | $816.0K |
| 毛利率 | 32.1% | 12.4% |
| 营业利润率 | -6.3% | 3.3% |
| 净利率 | -2.8% | 0.4% |
| 营收同比 | 6.5% | 16.6% |
| 净利润同比 | -29.3% | 113.1% |
| 每股收益（稀释后） | $-0.02 | $0.01 |
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BRCCSTKL
| Q4 25 | $112.7M | — | ||
| Q3 25 | $100.7M | $205.4M | ||
| Q2 25 | $94.8M | $191.5M | ||
| Q1 25 | $90.0M | $201.6M | ||
| Q4 24 | $105.9M | $193.9M | ||
| Q3 24 | $98.2M | $175.9M | ||
| Q2 24 | $89.0M | $169.5M | ||
| Q1 24 | $98.4M | $184.4M |
净利润BRCCSTKL
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-486.0K | $816.0K | ||
| Q2 25 | $-5.3M | $4.4M | ||
| Q1 25 | $-2.9M | $4.8M | ||
| Q4 24 | $-2.5M | $-8.7M | ||
| Q3 24 | $-535.0K | $-6.2M | ||
| Q2 24 | $-482.0K | $-5.3M | ||
| Q1 24 | $548.0K | $2.9M |
毛利率BRCCSTKL
| Q4 25 | 32.1% | — | ||
| Q3 25 | 36.9% | 12.4% | ||
| Q2 25 | 33.9% | 14.8% | ||
| Q1 25 | 36.1% | 15.0% | ||
| Q4 24 | 38.1% | 10.9% | ||
| Q3 24 | 42.1% | 13.0% | ||
| Q2 24 | 41.9% | 12.5% | ||
| Q1 24 | 42.9% | 16.8% |
营业利润率BRCCSTKL
| Q4 25 | -6.3% | — | ||
| Q3 25 | 0.5% | 3.3% | ||
| Q2 25 | -13.3% | 5.5% | ||
| Q1 25 | -6.0% | 5.2% | ||
| Q4 24 | -2.1% | 1.4% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 1.1% | 1.2% | ||
| Q1 24 | 4.0% | 5.5% |
净利率BRCCSTKL
| Q4 25 | -2.8% | — | ||
| Q3 25 | -0.5% | 0.4% | ||
| Q2 25 | -5.6% | 2.3% | ||
| Q1 25 | -3.2% | 2.4% | ||
| Q4 24 | -2.3% | -4.5% | ||
| Q3 24 | -0.5% | -3.5% | ||
| Q2 24 | -0.5% | -3.1% | ||
| Q1 24 | 0.6% | 1.6% |
每股收益（稀释后）BRCCSTKL
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.00 | $0.01 | ||
| Q2 25 | $-0.07 | $0.03 | ||
| Q1 25 | $-0.04 | $0.04 | ||
| Q4 24 | $-0.03 | $-0.08 | ||
| Q3 24 | $-0.01 | $-0.05 | ||
| Q2 24 | $-0.01 | $-0.04 | ||
| Q1 24 | $0.01 | $0.02 |
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 | $2.2M |
| 总债务越低越好 | $34.7M | $250.8M |
| 股东权益账面价值 | $45.7M | $162.8M |
| 总资产 | $209.2M | $694.1M |
| 负债/权益比越低杠杆越低 | 0.76× | 1.54× |
8季度趋势，按日历期对齐
现金及短期投资BRCCSTKL
| Q4 25 | $4.3M | — | ||
| Q3 25 | $9.5M | $2.2M | ||
| Q2 25 | $4.3M | $2.2M | ||
| Q1 25 | $3.9M | $2.3M | ||
| Q4 24 | $6.8M | $1.6M | ||
| Q3 24 | $7.3M | $2.9M | ||
| Q2 24 | $9.6M | $3.2M | ||
| Q1 24 | $4.0M | $1.5M |
总债务BRCCSTKL
| Q4 25 | $34.7M | — | ||
| Q3 25 | $35.0M | $250.8M | ||
| Q2 25 | $72.7M | $263.3M | ||
| Q1 25 | $68.8M | $260.6M | ||
| Q4 24 | $65.1M | $265.2M | ||
| Q3 24 | $64.9M | $289.9M | ||
| Q2 24 | $66.5M | $303.1M | ||
| Q1 24 | $61.5M | $258.8M |
股东权益BRCCSTKL
| Q4 25 | $45.7M | — | ||
| Q3 25 | $48.0M | $162.8M | ||
| Q2 25 | $10.1M | $159.8M | ||
| Q1 25 | $11.2M | $154.8M | ||
| Q4 24 | $13.2M | $148.6M | ||
| Q3 24 | $14.5M | $155.0M | ||
| Q2 24 | $14.9M | $158.8M | ||
| Q1 24 | $14.6M | $163.6M |
总资产BRCCSTKL
| Q4 25 | $209.2M | — | ||
| Q3 25 | $222.4M | $694.1M | ||
| Q2 25 | $225.3M | $704.9M | ||
| Q1 25 | $222.9M | $690.7M | ||
| Q4 24 | $227.4M | $668.5M | ||
| Q3 24 | $233.7M | $699.3M | ||
| Q2 24 | $229.9M | $704.7M | ||
| Q1 24 | $227.2M | $671.8M |
负债/权益比BRCCSTKL
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.73× | 1.54× | ||
| Q2 25 | 7.19× | 1.65× | ||
| Q1 25 | 6.15× | 1.68× | ||
| Q4 24 | 4.94× | 1.78× | ||
| Q3 24 | 4.47× | 1.87× | ||
| Q2 24 | 4.46× | 1.91× | ||
| Q1 24 | 4.21× | 1.58× |
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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $12.1M |
| 自由现金流率自由现金流/营收 | -8.3% | 5.9% |
| 资本支出强度资本支出/营收 | 0.6% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 20.03× |
| 过去12个月自由现金流最近4个季度 | $-13.5M | $36.4M |
8季度趋势，按日历期对齐
经营现金流BRCCSTKL
| Q4 25 | $-8.7M | — | ||
| Q3 25 | $6.4M | $16.3M | ||
| Q2 25 | $-3.3M | $-4.5M | ||
| Q1 25 | $-4.1M | $22.3M | ||
| Q4 24 | $2.2M | $33.1M | ||
| Q3 24 | $1.9M | $17.2M | ||
| Q2 24 | $2.3M | $-5.6M | ||
| Q1 24 | $4.9M | $5.3M |
自由现金流BRCCSTKL
| Q4 25 | $-9.4M | — | ||
| Q3 25 | $5.6M | $12.1M | ||
| Q2 25 | $-4.3M | $-9.2M | ||
| Q1 25 | $-5.3M | $9.5M | ||
| Q4 24 | $504.0K | $24.0M | ||
| Q3 24 | $-205.0K | $11.7M | ||
| Q2 24 | $147.0K | $-15.3M | ||
| Q1 24 | $2.2M | $-2.3M |
自由现金流率BRCCSTKL
| Q4 25 | -8.3% | — | ||
| Q3 25 | 5.5% | 5.9% | ||
| Q2 25 | -4.5% | -4.8% | ||
| Q1 25 | -5.9% | 4.7% | ||
| Q4 24 | 0.5% | 12.4% | ||
| Q3 24 | -0.2% | 6.6% | ||
| Q2 24 | 0.2% | -9.0% | ||
| Q1 24 | 2.2% | -1.2% |
资本支出强度BRCCSTKL
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.8% | 2.1% | ||
| Q2 25 | 1.0% | 2.5% | ||
| Q1 25 | 1.3% | 6.3% | ||
| Q4 24 | 1.6% | 4.7% | ||
| Q3 24 | 2.2% | 3.2% | ||
| Q2 24 | 2.4% | 5.7% | ||
| Q1 24 | 2.8% | 4.1% |
现金转化率BRCCSTKL
| Q4 25 | — | — | ||
| Q3 25 | — | 20.03× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | — | 4.63× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 8.97× | 1.83× |
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% |
STKL
| Beverages And Broths | $161.4M | 79% |
| Fruit Snacks | $40.9M | 20% |
| Ingredients | $3.1M | 2% |
