analyzeportfolio
Nasdaq · Financials

BRC Group Holdings, Inc. (RILY)

As-reported financials and SEC filings for BRC Group Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About BRC Group Holdings, Inc.

BRC Group Holdings, Inc. is a diversified holding company providing financial services, telecom, retail, and investment businesses. Its financial services include capital markets, wealth management, investment banking, equity research, sales and trading, securities lending, proprietary trading, and direct lending primarily serving small cap and middle market companies. The company also offers telecom services and consumer products, and it invests in equity, debt, and venture capital to generate shareholder value.

Snapshot

Revenue
$789.0M
Revenue growth (YoY)
5.7%
Net income
$307.4M
Diluted EPS
$9.80
Gross margin
81.6%
Operating margin
9.6%
Net margin
39.0%
FCF margin
—
ROE
—
net income / fiscal-year-end equity
P/E
0.5×
trailing when available, otherwise FY EPS
Market cap
$171.3M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at BRC Group Holdings

  • Revenue grew 5.7% to $789M in FY2025, after a 32.8% decline the year before.
  • Operating margin is 9.6% in FY2025, -34.0 pp against 43.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $186M, down 1.2% from Q2 FY2025.
  • Net income turned positive at $307M in FY2025, from a $764M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where BRC Group Holdings’s fundamentals sit among the 424 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin81.6%
85th percentile of 48
Operating margin9.6%
45th percentile of 141
Net margin39.0%
93rd percentile of 372
Revenue growth (YoY)+5.7%
33rd percentile of 418
P/E0.5×
Lowest of 307
Short interest7.80d
91st percentile of 419

BRC Group Holdings’s P/E of 0.5 is the lowest of the 307 peers with a meaningful P/E. BRC Group Holdings’s net margin of 39.0% ranks in the 93rd percentile of the 372 Financials companies reporting it. BRC Group Holdings’s gross margin of 81.6% ranks in the 85th percentile of the 48 Financials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$11.7M
reported long value
InvestorAs ofPosition valueSharesChange
First Eagle Investment ManagementQ2 2026$5.5M681.0KNew
Citadel AdvisorsquantQ2 2026$3.2M402.4KAdded
Renaissance TechnologiesquantQ2 2026$2.0M244.5KReduced
Two Sigma InvestmentsquantQ2 2026$904,476112.5KAdded
Millennium ManagementquantQ2 2026$86,05210.7KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
0
—
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-16
Bryant R. RileyChairman and Co-CEOSell195.5K$9.00$1.8M
2026-05-14
filed 2026-05-15
Alan N. FormanEVP, General Counsel, SecSell79.4K$8.56$680K
2026-05-13
filed 2026-05-15
Alan N. FormanEVP, General Counsel, SecSell20.6K$8.58$176K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.6M
settled 2026-09-30
Change vs prior
+4.6%
vs previous settlement
Days to cover
7.80
at avg daily volume
Avg daily volume
720.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-305.6M+4.6%7.80
2026-09-155.4M+4.4%11.42
2026-08-315.1M+0.9%10.46
2026-08-145.1M-3.9%7.79
2026-07-315.3M+2.7%10.80
2026-07-155.2M+10.0%7.59
2026-06-304.7M+33.6%3.66
2026-06-153.5M-10.4%4.37

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$789.0M$746.4M$1.11B$939.5M$1.18B
Gross profit——
Operating income$75.6M$-497.5M$96.1M$29.9M$514.5M
Net income$307.4M$-764.3M$-99.9M$-159.8M$445.1M
Diluted EPS$9.80$-25.46$-3.69$-5.95$15.09

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$226.6M$146.9M$222.7M$268.6M$278.9M
Current assets—————
Total assets$1.71B$1.78B$6.08B$6.11B$5.85B
Current liabilities—————
Long-term debt$1.43B$1.53B———
Total liabilities$1.83B$2.24B$5.72B$5.43B$4.80B
Total equity$-120.3M$-456.0M$359.6M$505.9M$705.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-59.7M$263.6M$24.5M$6.7M$50.9M
Capital expenditure—————
Free cash flow—————

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$185.9M-1.2%$20.5M$0.45
Q1 FY2026$182.0M-7.7%$213.3M$6.57
Q4 FY202512694.9%
Q3 FY2025$215.3M-4.5%$91.1M$2.91
Q2 FY2025$188.2M-26.5%$139.5M$4.50
Q1 FY2025$197.2M-25.1%$-10.0M$-0.39
Q4 FY2024-99.5%
Q3 FY2024$225.5M-24.4%$-284.4M$-9.39

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryInvestment Advice
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1464790

Selected SEC filings

10-K/A2026-04-01
View on EDGAR →
10-K2026-03-31
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-10-01
View on EDGAR →
8-K2026-08-28
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-06
View on EDGAR →

Largest Financials peers

All Financials companies →

Monitor RILY

Get an alert when BRC Group Holdings files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor RILY free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.