BellRing Brands, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.32B | $2.00B | $1.67B | $1.37B | $1.25B | $988.3M | $854.4M | $827.5M |
| Cost of Revenue | $1.55B | $1.29B | $1.14B | $949.7M | $860.9M | $650.3M | $542.6M | $549.8M |
| Gross Profit | $770.4M | $707.3M | $530.2M | $421.8M | $386.2M | $338.0M | $311.8M | $277.7M |
| Gross Margin | 33.3% | 35.4% | 31.8% | 30.8% | 31.0% | 34.2% | 36.5% | 33.6% |
| Operating Expenses | ||||||||
| Research & Development | $16.0M | $14.3M | $12.0M | $11.4M | $11.2M | $9.4M | $7.6M | $8.1M |
| SG&A Expense | $396.0M | $284.6M | $216.3M | $189.7M | $167.1M | $151.8M | $127.1M | $135.1M |
| Operating Income | $357.4M | $387.7M | $287.3M | $212.4M | $168.0M | $164.0M | $162.5M | $119.8M |
| Operating Margin | 15.4% | 19.4% | 17.2% | 15.5% | 13.5% | 16.6% | 19.0% | 14.5% |
| Interest Expense | $68.4M | $58.3M | $66.9M | $49.2M | $43.2M | $54.7M | $0 | $0 |
| Pretax Income | $289.0M | $329.4M | $220.4M | $145.6M | $123.2M | $109.3M | $162.5M | $119.8M |
| Income Tax Expense | $72.8M | $82.9M | $54.9M | $29.6M | $8.8M | $9.2M | $39.4M | $23.7M |
| Net Income | $216.2M | $246.5M | $165.5M | $82.3M | $27.6M | $23.5M | $0 | $0 |
| Net Margin | 9.3% | 12.3% | 9.9% | 6.0% | 2.2% | 2.4% | 0.0% | 0.0% |
| EPS (Basic) | $1.70 | $1.89 | $1.24 | $0.88 | $0.35 | $0.30 | $0.00 | $0.00 |
| EPS (Diluted) | $1.68 | $1.86 | $1.23 | $0.88 | $0.35 | $0.30 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 126.9M | 130.3M | 133.0M | 93.5M | 79.0M | 78.8M | 0 | 0 |
| Shares Outstanding (Diluted) | 128.5M | 132.3M | 134.1M | 93.8M | 79.4M | 79.0M | 0 | 0 |
| Dividends Per Share | — | — | — | — | — | — | — | — |