
BellRing Brands Income Statement 2025-2011 | BRBR
Brief overview of income trends at BellRing Brands
The figures are compared over a five-year interval. Revenue reported by BellRing Brands was 988 million dollars at the beginning of the period and 2.3 billion dollars at the end. Overall revenue changed by +134.4%, equal to an annualized rate of about 18.6%. Top-line growth remained consistently strong over the period.
Gross profit was $338 million at the start and $770 million at the end of the period (+127.9%). Cost of revenue moved broadly in line with sales. The gross margin was 34.2% at the start and 33.3% at the end. Gross profitability remained broadly stable.
EBITDA was $189 million at the beginning and $376 million at the end of the period (+98.6%). The operating result developed less favorably than sales. EBITDA margin was 19.2% at the start and 16.2% at the end. The business retained less EBITDA from each unit of revenue.
The five-year change in net income was +820%: from $23.5 million to $216 million. Profit outpaced sales and strengthened the quality of growth.
Market capitalization changed from $946 million to $3.3 billion (+247.2%). Capitalization grew more slowly than the underlying results.
Conclusion
Positive developments coexist with areas of weakness. Key strengths include revenue expansion, net-income growth and consistent sales economics. The overall view is constrained by a declining EBITDA margin. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement BellRing Brands
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
3.28 B | 9.51 B | 6.45 B | 2.31 B | 1.13 B | 946 M | 522 M | - | - | - | - | - | - | - | - |
Shares |
127 M | 130 M | 133 M | 93.5 M | 39.5 M | 39.4 M | 30 M | - | - | - | - | - | - | - | - |
Historical Prices |
25.9 | 73 | 48.5 | 24.7 | 28.5 | 24.3 | 21.3 | - | - | - | - | - | - | - | - |
Net Income |
216 M | 246 M | 166 M | 82.3 M | 27.6 M | 23.5 M | 123 M | 96.1 M | 35.2 M | 19.9 M | - | - | - | - | - |
Revenue |
2.32 B | 2 B | 1.67 B | 1.37 B | 1.25 B | 988 M | 854 M | 828 M | 713 M | 575 M | - | - | - | - | - |
Cost of Revenue |
1.55 B | 1.29 B | 1.14 B | 950 M | 861 M | 650 M | 543 M | 550 M | - | - | - | - | - | - | - |
Gross Profit |
770 M | 707 M | 530 M | 422 M | 386 M | 338 M | 312 M | 278 M | 246 M | 179 M | - | - | - | - | - |
Operating Income |
357 M | 388 M | 287 M | 212 M | 168 M | 164 M | 162 M | 120 M | - | - | - | - | - | - | - |
Interest Expense |
68.4 M | 58.3 M | 66.9 M | 49.2 M | 43.2 M | 54.7 M | - | - | - | - | - | - | - | - | - |
EBITDA |
376 M | 424 M | 316 M | 234 M | 222 M | 189 M | 185 M | 143 M | 115 M | 54.5 M | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | 149 M | 158 M | 154 M | 148 M | - | - | - | - | - |
General and Administrative Expenses |
396 M | 285 M | 216 M | 190 M | 167 M | 152 M | 127 M | 135 M | 131 M | 120 M | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement BellRing Brands
| 2026-Q1 | 2025-Q4 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
117 M | 119 M | 127 M | 128 M | 129 M | 130 M | 131 M | 131 M | 132 M | 133 M | 135 M | - | 136 M | 62.7 M | 39.4 M | 39.5 M | 39.5 M | 39.5 M | 39.5 M | 39.4 M | 39.4 M | 39.5 M | 39.4 M | - | - | 39.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
33.9 M | 43.7 M | 21 M | 58.7 M | 76.9 M | 73.7 M | 57.2 M | 43.9 M | 44.3 M | 30.9 M | 44.2 M | - | 39.1 M | 1.3 M | 8.2 M | - | 9.5 M | 600 K | 7.8 M | 10 M | 3.3 M | 7.8 M | 6 M | - | - | 6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
599 M | 537 M | 548 M | 588 M | 533 M | 515 M | 495 M | 430 M | 446 M | 386 M | 363 M | - | 371 M | 315 M | 306 M | - | 343 M | 282 M | 282 M | 283 M | 204 M | 282 M | 244 M | 214 M | 238 M | 244 M | 186 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
437 M | 376 M | 354 M | 398 M | 333 M | 326 M | 330 M | 282 M | 310 M | 268 M | 241 M | - | 250 M | 228 M | 214 M | - | 231 M | 195 M | 190 M | 458 M | 136 M | 190 M | 153 M | 405 M | 147 M | 153 M | 120 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
162 M | 161 M | 194 M | 190 M | 200 M | 190 M | 164 M | 148 M | 136 M | 117 M | 122 M | - | 120 M | 87 M | 92.3 M | - | 111 M | 87 M | 91.9 M | 89.8 M | 68.7 M | 91.9 M | 91.3 M | 76.7 M | 90.5 M | 91.3 M | 65.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
66 M | 78.5 M | 44.8 M | 95.1 M | 115 M | 112 M | 91 M | 73 M | 76 M | 58 M | 75.2 M | - | 67.5 M | 33.2 M | 50.6 M | - | 51.5 M | 15.6 M | 47.8 M | 115 M | 30.6 M | 47.8 M | 49.3 M | 126 M | 52.8 M | 49.3 M | 32.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
- | 20 M | 18.4 M | 16.5 M | 14.4 M | 14.4 M | 14.5 M | 14.9 M | 17.3 M | 16.8 M | 16.7 M | - | 15.9 M | 8.5 M | 8.4 M | - | 9.5 M | 11.3 M | 12.8 M | 41.2 M | 15.3 M | 12.8 M | 11.6 M | - | - | 11.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
70.2 M | 83.4 M | 49.1 M | 99.3 M | 120 M | 116 M | 95.2 M | 95.6 M | 80.9 M | 62.8 M | 80.5 M | - | 72.4 M | 38.1 M | 55.9 M | - | 82.1 M | 38.8 M | 54.5 M | 134 M | 43.4 M | 54.5 M | 55.7 M | 146 M | 65.5 M | 55.7 M | 39.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
91.5 M | 78 M | 144 M | 90.5 M | 80.1 M | 74 M | 69.1 M | 52.8 M | 55.1 M | 54.3 M | 41.7 M | - | 47.8 M | 48.9 M | 36.8 M | - | 42.6 M | 48.2 M | 38.3 M | 117 M | 32.6 M | 38.3 M | 36.5 M | 92 M | 32.2 M | 36.5 M | 27.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company BellRing Brands (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.