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BellRing Brands, Inc.

BRBR

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

9/30/2025

Revenue
2,317
Cost of Revenue
1,546
Gross Profit
770
Gross Margin
33.3%
Operating Income
357
Operating Margin
15.4%
Net Income
216
Net Margin
9.3%
EPS (Basic)
$1.70
EPS (Diluted)
$1.68
EBITDA
376
EBITDA Margin
16.2%

2024

9/30/2024

Revenue
1,996
Cost of Revenue
1,289
Gross Profit
707
Gross Margin
35.4%
Operating Income
388
Operating Margin
19.4%
Net Income
247
Net Margin
12.3%
EPS (Basic)
$1.89
EPS (Diluted)
$1.86
EBITDA
424
EBITDA Margin
21.3%

2023

9/30/2023

Revenue
1,667
Cost of Revenue
1,137
Gross Profit
530
Gross Margin
31.8%
Operating Income
287
Operating Margin
17.2%
Net Income
166
Net Margin
9.9%
EPS (Basic)
$1.24
EPS (Diluted)
$1.23
EBITDA
316
EBITDA Margin
18.9%

2022

9/30/2022

Revenue
1,372
Cost of Revenue
950
Gross Profit
422
Gross Margin
30.8%
Operating Income
212
Operating Margin
15.5%
Net Income
82
Net Margin
6.0%
EPS (Basic)
$0.86
EPS (Diluted)
$1.24
EBITDA
216
EBITDA Margin
15.8%

2021

9/30/2021

Revenue
1,247
Cost of Revenue
861
Gross Profit
386
Gross Margin
31.0%
Operating Income
168
Operating Margin
13.5%
Net Income
28
Net Margin
2.2%
EPS (Basic)
$2.90
EPS (Diluted)
$2.90
EBITDA
220
EBITDA Margin
17.6%