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Other financials

Income statement

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Revenue$598.7M+1.8%
Operating income$66.0M-30.6%
Net income$33.9M-42.2%
EPS (diluted)$0.29-35.6%

Balance sheet

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Cash & equivalents$33.2M-24.9%
Total debt$1.2B+23.4%
Total equity-$497.8M-95.9%
Total assets$1.0B+8.2%

Cash flow

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Operating cash flow-$11.2M-123%
CapEx$1.8M+200%
Free cash flow-$13.0M-127%

Valuation

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Market cap$1.41B-71.3%
Enterprise value$2.56B-56.4%
P/E8.9×-12.6×
P/S0.6×-1.6×

Profitability

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Gross margin30.2%-5.6pp
Operating margin12.5%-7.3pp
Net margin6.8%-6.0pp
FCF margin8%+0.8pp

Returns & leverage

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Debt / equity
Current ratio2.5×-0.4×

Where this comes from

Calculated from BellRing Brands’s reported figures.

The source filing: BellRing Brands’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 10:21 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001772016-26-000012
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Six Months Ended March 31, 2026Six Months Ended March 31, 2025
Net Sales$598.7$588.0$1,136.0$1,120.9
Cost of goods sold437.0398.2813.5731.5
Gross Profit161.7189.8322.5389.4
Selling, general and administrative expenses91.590.5169.5170.6
Amortization of intangible assets4.24.28.58.4
Operating Profit66.095.1144.5210.4
Interest expense, net20.116.540.130.9
Earnings before Income Taxes45.978.6104.4179.5

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED).

FAQ

What is BellRing Brands's gross profit?
BellRing Brands (BRBR) reported gross profit of $161.7M in Q1 2026.
How has BellRing Brands's gross profit changed year-over-year?
BellRing Brands's gross profit decreased by 14.8% year-over-year, from $189.8M to $161.7M.
What is the long-term trend for BellRing Brands's gross profit?
Over 4 years (2021 to 2025), BellRing Brands's gross profit has grown at a 18.8% compound annual growth rate (CAGR), from $386.2M to $770.4M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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