BRBR · Bellring Brands, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $588.00M | $537.30M | $547.50M | $588.00M | $532.90M | $515.40M | $494.60M | $430.40M | $445.90M | $385.60M |
| Cost of Revenue | $437.00M | $376.50M | $353.90M | $398.20M | $333.30M | $325.50M | $330.30M | $282.40M | $309.90M | $268.50M |
| Gross Profit | $161.70M | $160.80M | $193.60M | $189.80M | $199.60M | $189.90M | $164.30M | $148.00M | $136.00M | $117.10M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $91.50M | $78.00M | $144.50M | $90.50M | $80.10M | $74.00M | $69.10M | $52.80M | $55.10M | $54.30M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $4.90M | - | - | $4.60M | - | - | $22.60M | - | - |
| Operating Income | $66.00M | $78.50M | $44.80M | $95.10M | $115.30M | $111.60M | $91.00M | $73.00M | $76.00M | $58.00M |
| Interest Expense | - | $20.00M | $18.40M | $16.50M | $14.40M | $14.40M | $14.50M | $14.90M | $17.30M | $16.80M |
| Income Tax | $12.00M | $14.80M | $5.40M | $19.90M | $24.00M | $23.50M | $19.30M | $14.20M | $14.40M | $10.30M |
| Net Income | $33.90M | $43.70M | $21.00M | $58.70M | $76.90M | $73.70M | $57.20M | $43.90M | $44.30M | $30.90M |
| EPS - Basic | $0.29 | $0.37 | $0.17 | $0.46 | $0.60 | $0.57 | $0.44 | $0.33 | $0.33 | $0.23 |
| EPS - Diluted | $0.29 | $0.36 | $0.16 | $0.45 | $0.59 | $0.56 | $0.43 | $0.33 | $0.33 | $0.23 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.60M | $64.10M | $71.80M | $28.10M | $49.60M | $71.10M | $79.30M | $85.00M | $48.40M | $25.50M |
| Accounts Receivable | $272.10M | $246.00M | $223.40M | $266.00M | $220.40M | $220.40M | $229.40M | $178.60M | $173.80M | $193.80M |
| Inventory | $409.10M | $435.20M | $330.40M | $385.30M | $348.90M | $286.10M | $194.10M | $187.60M | $194.30M | $265.50M |
| Accounts Payable | $140.80M | $178.60M | $119.50M | $160.60M | $110.90M | $121.00M | $101.90M | $91.30M | $89.00M | $105.00M |
| Current Assets | $755.80M | $786.30M | $665.50M | $710.60M | $649.50M | $592.70M | $513.20M | $464.80M | $424.20M | $497.00M |
| Total Assets | $1.03B | $1.06B | $941.00M | $947.50M | $885.20M | $837.00M | $765.00M | $715.50M | $691.60M | $772.50M |
| Current Liabilities | $300.50M | $352.00M | $282.80M | $243.40M | $193.90M | $203.70M | $173.00M | $162.50M | $150.20M | $157.00M |
| Long-term Debt | $1.19B | $1.18B | $1.08B | $953.70M | $833.40M | $833.10M | $832.40M | $832.10M | $856.80M | $970.10M |
| Total Liabilities | $1.52B | $1.57B | $1.39B | $1.20B | $1.03B | $1.04B | $1.01B | $1.00B | $1.02B | $1.14B |
| Stockholders' Equity | ($497.80M) | ($510.70M) | ($453.90M) | ($254.10M) | ($146.60M) | ($205.90M) | ($247.70M) | ($286.90M) | ($323.50M) | ($363.10M) |
| Retained Earnings | $350.20M | $316.30M | $272.60M | $192.00M | $133.30M | $56.40M | ($89.00M) | ($146.20M) | ($190.10M) | ($280.50M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($3.10M) | - | - | $3.00M | - | - | $74.20M | - | - |
| Investing Cash Flow | - | ($4.20M) | - | - | ($1.30M) | - | - | ($200.0K) | - | - |
| Financing Cash Flow | - | ($5.30M) | - | - | ($23.20M) | - | - | ($37.80M) | - | - |
| CapEx | - | $4.20M | - | - | $1.30M | - | - | $200.0K | - | - |
| Free Cash Flow | - | ($7.30M) | - | - | $1.70M | - | - | $74.00M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 27.5% | 29.9% | 35.4% | 32.3% | 37.5% | 36.8% | 33.2% | 34.4% | 30.5% | 30.4% |
| Operating margin | 11.2% | 14.6% | 8.2% | 16.2% | 21.6% | 21.7% | 18.4% | 17.0% | 17.0% | 15.0% |
| EBITDA margin | - | 15.5% | - | - | 22.5% | - | - | 22.2% | - | - |
| Net margin | 5.8% | 8.1% | 3.8% | 10.0% | 14.4% | 14.3% | 11.6% | 10.2% | 9.9% | 8.0% |
| Free cash flow margin | - | -1.4% | - | - | 0.3% | - | - | 17.2% | - | - |
| FCF / Net income | - | -0.17 | - | - | 0.02 | - | - | 1.69 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.6% | 14.5% | 26.4% | 15.4% | 15.0% | 14.4% | 14.0% | 12.3% | 12.4% | 14.1% |
| Effective tax rate | 26.1% | 25.3% | 20.5% | 25.3% | 23.8% | 24.2% | 25.2% | 24.4% | 24.5% | 25.0% |
| Return on assets | 3.3% | 4.1% | 2.2% | 6.2% | 8.7% | 8.8% | 7.5% | 6.1% | 6.4% | 4.0% |
| Return on equity | -6.8% | -8.6% | -4.6% | -23.1% | -52.5% | -35.8% | -23.1% | -15.3% | -13.7% | -8.5% |
| Return on invested capital | 7.1% | 8.7% | 5.7% | 10.2% | 12.8% | 13.5% | 11.6% | 10.1% | 10.8% | 7.2% |
| Liquidity | ||||||||||
| Current ratio | 2.52 | 2.23 | 2.35 | 2.92 | 3.35 | 2.91 | 2.97 | 2.86 | 2.82 | 3.17 |
| Quick ratio | 1.15 | 1.00 | 1.18 | 1.34 | 1.55 | 1.51 | 1.84 | 1.71 | 1.53 | 1.47 |
| Cash ratio | 0.11 | 0.18 | 0.25 | 0.12 | 0.26 | 0.35 | 0.46 | 0.52 | 0.32 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | -2.38 | -2.32 | -2.39 | -3.75 | -5.68 | -4.05 | -3.36 | -2.90 | -2.65 | -2.67 |
| Debt / Assets | 1.16 | 1.12 | 1.15 | 1.01 | 0.94 | 1.00 | 1.09 | 1.16 | 1.24 | 1.26 |
| Debt / EBITDA | - | 14.20 | - | - | 6.95 | - | - | 8.70 | - | - |
| Interest coverage | - | 3.9x | 2.4x | 5.8x | 8.0x | 7.8x | 6.3x | 4.9x | 4.4x | 3.5x |
| Equity multiplier | -2.06 | -2.08 | -2.07 | -3.73 | -6.04 | -4.07 | -3.09 | -2.49 | -2.14 | -2.13 |
| Liabilities / Assets | 1.49 | 1.48 | 1.48 | 1.27 | 1.17 | 1.25 | 1.32 | 1.40 | 1.47 | 1.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.57 | 0.51 | 0.58 | 0.62 | 0.60 | 0.62 | 0.65 | 0.60 | 0.64 | 0.50 |
| Inventory turnover | 1.07 | 0.87 | 1.07 | 1.03 | 0.96 | 1.14 | 1.70 | 1.51 | 1.59 | 1.01 |
| Days sales outstanding | 169d | 167d | 149d | 165d | 151d | 156d | 169d | 151d | 142d | 183d |
| Days inventory outstanding | 342d | 422d | 341d | 353d | 382d | 321d | 214d | 242d | 229d | 361d |
| Days payable outstanding | 118d | 173d | 123d | 147d | 121d | 136d | 113d | 118d | 105d | 143d |
| Cash conversion cycle | 393d | 416d | 366d | 371d | 412d | 341d | 271d | 276d | 266d | 402d |
| Valuation | ||||||||||
| P / E | 55.5x | 74.3x | 227.2x | 165.5x | 127.7x | 108.4x | 137.3x | 168.0x | 124.9x | 147.8x |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 3.2x | 6.0x | 8.5x | 16.4x | 18.5x | 15.6x | 15.9x | 17.1x | 12.4x | 11.9x |
| EV / EBITDA | - | 51.9x | - | - | 88.9x | - | - | 84.9x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.0% | 0.8% | 6.2% | 18.9% | 23.8% | 15.6% | 28.3% | 18.7% | 20.3% | 22.3% |
| Revenue CAGR (3y) | 15.1% | 14.0% | 13.9% | 23.1% | 20.2% | 14.6% | 20.6% | 15.1% | 29.7% | 14.4% |
| Revenue CAGR (5y) | 15.8% | 13.7% | 21.8% | 18.0% | 16.9% | - | - | - | - | - |
| Gross profit growth (YoY) | -14.8% | -19.4% | 1.9% | 15.5% | 34.9% | 39.6% | 40.3% | 21.5% | 13.1% | 34.6% |
| Operating income growth (YoY) | -30.6% | -31.9% | -59.9% | 4.5% | 57.9% | 46.8% | 56.9% | -2.9% | 12.6% | 74.7% |
| Net income growth (YoY) | -42.2% | -43.2% | -71.5% | 2.6% | 75.2% | 66.4% | 85.1% | -0.7% | 13.3% | 2276.9% |
| EPS growth (YoY) | -35.6% | -39.0% | -71.4% | 4.7% | 78.8% | 69.7% | 87.0% | 0.0% | 13.8% | 1050.0% |
| EPS CAGR (3y) | 8.0% | 2.9% | -18.0% | 182.3% | 41.1% | 32.6% | 178.1% | 18.2% | 60.4% | 27.9% |
| EPS CAGR (5y) | 70.7% | 12.5% | 14.9% | 32.5% | 31.5% | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -97.7% | - | - | 105.6% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -95.9% | -248.4% | -120.4% | -2.6% | 48.9% | 36.4% | 31.8% | 22.5% | 14.0% | 15.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Product / service
$2.32B totalShakesandotherbeverages$1.89B · 81.7%
Powders$366.50M · 15.8%
Other Products$57.20M · 2.5%
Peer comparison
Same SIC group: Food and Kindred Products
Comparing BELLRING BRANDS against the 5 most active filers in the same SIC group.