RILY (RILY) financial statements
RILY reported revenue of $968M in fiscal 2025, up 19.8% a year over 9 years.
Net income was $307M and the operating margin 7.8%, against 25.6% in 2016.
The diluted share count rose 66% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RILY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $190M | $322M | $423M | $652M | $834M | $1.6B | $939M | $1.5B | $746M | $968M |
| Cost of revenue | $15M | $398,000 | $800,000 | $8M | — | $27M | $61M | $173M | $168M | $145M |
| Gross profit | $176M | $322M | $422M | $645M | — | $1.5B | $879M | $1.3B | $579M | $822M |
| Selling, general and admin | $82M | $228M | $311M | $385M | $429M | $906M | $655M | $765M | $689M | $600M |
| Operating income | $49M | $29M | $45M | $167M | $276M | $515M | $30M | $96M | -$498M | $76M |
| Interest expense | $2M | $8M | $33M | $50M | $65M | $92M | $141M | $156M | $133M | $93M |
| Pre-tax income | $47M | $20M | $21M | $117M | $279M | $615M | -$334M | -$199M | -$900M | $230M |
| Income tax | $14M | $9M | $5M | $35M | $75M | $164M | -$65M | -$39M | $22M | -$10M |
| Net income | $22M | $12M | $16M | $82M | $205M | $445M | -$160M | -$100M | -$764M | $307M |
| EPS (diluted) | $1.17 | $0.48 | $0.58 | $2.95 | $7.56 | $15.09 | -$5.95 | -$3.69 | -$25.46 | $9.80 |
| Diluted shares | 18M | 24M | 27M | 28M | 27M | 29M | 28M | 29M | 30M | 31M |
| Gross margin | 92.2% | 99.9% | 99.8% | 98.8% | — | 98.3% | 93.5% | 88.2% | 77.5% | 85.0% |
| Operating margin | 25.6% | 9.0% | 10.7% | 25.6% | 33.1% | 33.1% | 3.2% | 6.6% | -66.7% | 7.8% |
| Net margin | 11.3% | 3.6% | 3.7% | 12.5% | 24.6% | 28.6% | -17.0% | -6.8% | -102.4% | 31.8% |
Balance sheet
Fiscal years, from RILY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $115M | $133M | $179M | $104M | $104M | $279M | $269M | $223M | $147M | $227M |
| Receivables | $19M | $20M | $42M | $47M | $41M | $50M | $149M | $82M | $69M | $55M |
| Inventory | — | — | — | — | — | $4M | $102M | $94M | $63M | $48M |
| Total current assets | $158M | — | — | — | — | — | — | — | — | — |
| Property, plant and equipment | $6M | $12M | $16M | $13M | $12M | $13M | $27M | $25M | $19M | $18M |
| Goodwill | $49M | $99M | $223M | $224M | $227M | $251M | $507M | $437M | $393M | $393M |
| Total assets | $265M | $1.4B | $2.0B | $2.3B | $2.7B | $5.9B | $6.1B | $6.1B | $1.8B | $1.7B |
| Total current liabilities | $84M | — | — | — | — | — | — | — | — | — |
| Total liabilities | $114M | $1.1B | $1.7B | $1.9B | $2.1B | $4.8B | $5.4B | $5.7B | $2.2B | $1.8B |
| Shareholders' equity | $149M | $266M | $258M | $361M | $513M | $661M | $447M | $291M | -$488M | -$172M |
| Net debt | -$115M | -$133M | -$179M | -$104M | -$104M | -$279M | -$269M | -$223M | -$147M | -$227M |
Cash flow
Fiscal years, from RILY's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $80M | -$82M | -$102M | -$27M | $58M | $51M | $7M | $25M | $264M | -$60M |
| Capital spending | $729,000 | $825,000 | $5M | $3M | — | — | — | — | — | — |
| Free cash flow | $80M | -$83M | -$108M | -$31M | — | — | — | — | — | — |
| Stock-based compensation | $3M | $10M | $13M | $16M | $19M | $36M | $61M | $45M | $19M | $14M |
| Dividends paid | $5M | $17M | $23M | $41M | $39M | $347M | $119M | $141M | $34M | $0 |
| Share buybacks (net) | — | — | -$19M | -$4M | -$48M | -$3M | -$7M | -$69M | $0 | — |
| Net borrowing | -$272,000 | — | — | — | — | -$3M | — | — | — | — |
| Free cash flow margin | 41.8% | -25.6% | -25.4% | -4.7% | — | — | — | — | — | — |
| Dividends per share | $0.29 | $0.69 | $0.85 | $1.49 | $1.46 | $11.97 | $4.24 | $4.82 | $1.11 | — |
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What was RILY's revenue in 2025?
$968M in fiscal 2025, from its 10-K filing.
From RILY's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.