BRC profit margin RILY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 35.9%
- Operating margin, 12 months
- 27.7%
- Net margin on a year earlier
- +55.7 pts
- Peer median
- 9.6%
Over the twelve months to Jun 30, 2026, BRC kept 35.9% of its revenue as net profit, with an operating margin of 27.7% and a gross margin of 88.0%.
Five years earlier its net margin was 39.3%.
The median for 8 asset managers of a similar size is 9.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 31.8% | 7.8% | 85.0% |
| FY2024 | n/a | −66.7% | 77.5% |
| FY2023 | −6.5% | 7.5% | 81.1% |
| FY2022 | −14.8% | 6.4% | 79.5% |
| FY2021 | 28.6% | 33.1% | n/a |
| FY2020 | 22.7% | 38.2% | n/a |
| FY2019 | 12.5% | 25.6% | 98.8% |
| FY2018 | 3.7% | 10.7% | 99.8% |
| FY2017 | 3.6% | 9.0% | 91.5% |
| FY2016 | 11.3% | 25.6% | 70.8% |
| FY2015 | 10.5% | 19.6% | 71.5% |
| FY2014 | −7.5% | −9.6% | 51.8% |
| FY2013 | 1.4% | 5.4% | 53.2% |
| FY2012 | 4.2% | 8.9% | 56.3% |
| FY2011 | 0.9% | 11.7% | 63.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 35.9% | +55.7 pts | 27.7% | |
| Q1 FY26 | 46.8% | n/a | 25.6% | |
| Q4 FY25 | 31.8% | n/a | 7.8% | |
| Q3 FY25 | 25.8% | +119.8 pts | −17.5% | |
| Q2 FY25 | −19.9% | +39.0 pts | −39.1% | |
| Q1 FY25 | n/a | n/a | −85.5% | |
| Q4 FY24 | n/a | n/a | −66.7% | |
| Q3 FY24 | −94.1% | −89.8 pts | −41.1% | |
| Q2 FY24 | −58.8% | −62.3 pts | −27.3% | |
| Q1 FY24 | −11.8% | −1.3 pts | 1.1% | |
| Q4 FY23 | −6.5% | +8.3 pts | 7.5% | |
| Q3 FY23 | −4.3% | −0.8 pts | 10.7% |
Against its peers
Companies in Asset Management nearest BRC's size, closest first, today.
| Company | Profit margin |
|---|---|
| RILYBRC | 35.9% |
| WHGWestwood | 7.7% |
| SAMGSilvercrest Asset Management | 0.7% |
| JYNTJOINT | 6.5% |
| HNNAHennessy Advisors | 24.8% |
| VRTSVirtus Investment Partners | 14.5% |
| ABXAbacus Global Management | 10.5% |
| GROWU S Global Investors | 29.8% |
| RPCRidgepost Capital | 8.7% |
| Peer median | 9.6% |
Where BRC ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on BRC
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.