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BRC vs Keurig Dr Pepper: revenue, profit, margins and growth compared

BRC brought in $398.3M of revenue in fiscal 2025, Keurig Dr Pepper $16.6B in fiscal 2025. Revenue changed by +1.7% at BRC and +8.2% at Keurig Dr Pepper on the year before, so Keurig Dr Pepper grew faster. BRC kept -3.0% of its revenue as net profit, Keurig Dr Pepper 12.5%. Free cash flow was -$13.5M at BRC and $1.5B at Keurig Dr Pepper.

Side by side, latest fiscal year

BRCCKDP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$398.3M$16.6B
Revenue growth+1.7%+8.2%
Net income-$11.9M$2.1B
Net margin-3.0%12.5%
Free cash flow-$13.5M$1.5B
Free cash flow margin-3.4%9.1%
Earnings per share (diluted)-$0.13$1.53
Cash$4.3M$1B
Debt$34.7M$13.9B
Price to earningsn/a20.9
Market value$2.3B$43.5B
Dividend yieldn/a2.88%
Rank by revenue in sector#68 of 93 · Consumer staples#16 of 93 · Consumer staples

Over the years

Revenue
BRCC FY2019: $82.1MBRCC FY2021: $163.9MBRCC FY2021: $233.1MBRCC FY2022: $301.3MBRCC FY2023: $395.6MBRCC FY2024: $391.5MBRCC FY2025: $398.3MKDP FY2018: $7.4BKDP FY2019: $11.1BKDP FY2020: $11.6BKDP FY2021: $12.7BKDP FY2022: $14.1BKDP FY2023: $14.8BKDP FY2024: $15.4BKDP FY2025: $16.6BFY18FY19FY20FY21FY22FY23FY24FY25
BRCC $398.3MKDP $16.6B
Net income
BRCC FY2019: -$772KBRCC FY2021: $4.3MBRCC FY2021: -$13.8MBRCC FY2022: -$82.9MBRCC FY2023: -$16.7MBRCC FY2024: -$3MBRCC FY2025: -$11.9MKDP FY2018: $586MKDP FY2019: $1.3BKDP FY2020: $1.3BKDP FY2021: $2.1BKDP FY2022: $1.4BKDP FY2023: $2.2BKDP FY2024: $1.4BKDP FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
BRCC -$11.9MKDP $2.1B
Net margin
BRCC FY2019: -0.9%BRCC FY2021: 2.6%BRCC FY2021: -5.9%BRCC FY2022: -27.5%BRCC FY2023: -4.2%BRCC FY2024: -0.8%BRCC FY2025: -3.0%KDP FY2018: 7.9%KDP FY2019: 11.3%KDP FY2020: 11.4%KDP FY2021: 16.9%KDP FY2022: 10.2%KDP FY2023: 14.7%KDP FY2024: 9.4%KDP FY2025: 12.5%FY18FY19FY20FY21FY22FY23FY24FY25
BRCC -3.0%KDP 12.5%
Revenue growth
BRCC FY2021: +99.6%BRCC FY2021: +42.2%BRCC FY2022: +29.3%BRCC FY2023: +31.3%BRCC FY2024: -1.0%BRCC FY2025: +1.7%KDP FY2019: +49.4%KDP FY2020: +4.5%KDP FY2021: +9.2%KDP FY2022: +10.8%KDP FY2023: +5.4%KDP FY2024: +3.6%KDP FY2025: +8.2%FY19FY20FY21FY22FY23FY24FY25
BRCC +1.7%KDP +8.2%
Free cash flow
BRCC FY2019: $3.1MBRCC FY2021: $1.8MBRCC FY2021: -$27MBRCC FY2022: -$146.6MBRCC FY2023: -$52.2MBRCC FY2024: $2.6MBRCC FY2025: -$13.5MKDP FY2018: $1.4BKDP FY2019: $2.1BKDP FY2020: $2BKDP FY2021: $2.5BKDP FY2022: $2.5BKDP FY2023: $904MKDP FY2024: $1.7BKDP FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
BRCC -$13.5MKDP $1.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about BRC and Keurig Dr Pepper

Which is bigger by revenue, BRC or Keurig Dr Pepper?

Keurig Dr Pepper is bigger by revenue: $16.6B in fiscal 2025, against $398.3M for BRC in fiscal 2025.

Which keeps more of its revenue as profit, BRC or Keurig Dr Pepper?

BRC had a net margin of -3.0% in fiscal 2025; Keurig Dr Pepper had 12.5% in fiscal 2025.

Which grew revenue faster, BRC or Keurig Dr Pepper?

In their latest fiscal years revenue changed by +1.7% at BRC and +8.2% at Keurig Dr Pepper.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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