B. Riley Financial, Inc. (RILY) Financial Statements
Industry: Investment Advice
In fiscal 2025, B. Riley Financial reported revenue of $967.6M, up 15.4% from $838.6M the year before. Net income was $307.4M (a 31.8% net margin), or $9.80 per diluted share. Gross margin was 85.0% and operating margin was 7.8%. Operating activities generated -$59.7M of cash. At fiscal year end, B. Riley Financial held $1.71B in total assets against $1.83B in total liabilities, including $226.6M of cash and equivalents.
Open the full interactive B. Riley Financial financials → Quarterly statements, key ratios, valuation history and price charts.
B. Riley Financial Key Stats
| Share Price | $4.88 |
|---|---|
| Market Cap | $187.5M |
| P/E Ratio | 0.5 |
| Revenue YoY Growth | +15.4% |
| 52-Week Range | $3.72 – $10.68 |
| Shares Outstanding | 37.8 million (basic, 2026 Q2) |
B. Riley Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $902.7M | $1.74B | $1.08B | $1.64B | $838.6M | $967.6M |
| Cost of Goods Sold | — | $580,000 | $1.01B | $213.4M | $167.6M | $145.4M |
| Gross Profit | — | $1.74B | $69.4M | $1.43B | $671.0M | $822.2M |
| Operating Income | $344.8M | $700.4M | $69.4M | $144.7M | -$475.7M | $75.6M |
| Pre-Tax Income | $279.5M | $614.8M | -$220.4M | -$142.3M | -$878.7M | $229.6M |
| Income Tax | $75.4M | $164.0M | -$63.9M | -$36.7M | $22.1M | -$9.9M |
| Net Income | $204.0M | $445.1M | -$159.8M | -$99.9M | -$764.3M | $307.4M |
| Diluted EPS | $7.56 | $15.09 | -$5.95 | -$3.69 | -$25.46 | $9.80 |
B. Riley Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $277.9M | $278.4M | $352.1M | $239.1M |
| Net Income | $91.1M | $86.8M | $213.3M | $20.5M |
| Diluted EPS | $2.91 | $2.84 | $6.57 | $0.45 |
B. Riley Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $103.6M | $278.9M | $268.6M | $232.0M | $154.9M | $226.6M |
| Total Assets | $2.66B | $5.85B | $6.11B | $6.07B | $1.78B | $1.71B |
| Total Long-Term Debt | $983.0M | $1.95B | $2.32B | $2.31B | $1.76B | $1.43B |
| Total Liabilities | $2.12B | $4.80B | $5.43B | $5.71B | $2.24B | $1.83B |
| Shareholders' Equity | $512.6M | $661.3M | $446.5M | $291.1M | -$488.2M | -$171.5M |
B. Riley Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $57.7M | $50.9M | $6.7M | $24.5M | $263.6M | -$59.7M |
| Cash From Investing | -$128.4M | -$956.5M | -$32.3M | $301.2M | $440.5M | $311.5M |
| Cash From Financing | $69.5M | $1.08B | $17.6M | -$365.9M | -$671.9M | -$279.4M |
Figures from B. Riley Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full B. Riley Financial financials page for every line item.
B. Riley Financial Company Profile
| Ticker | RILY |
|---|---|
| Exchange | Nasdaq |
| Industry | Investment Advice |
| Headquarters | Los Angeles, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001464790 |
Frequently Asked Questions
What was B. Riley Financial's revenue in fiscal 2025?
B. Riley Financial (RILY) reported revenue of $967.6M for fiscal 2025.
What is B. Riley Financial's annual revenue history?
B. Riley Financial's annual revenue by fiscal year: 2020: $902.7M; 2021: $1.74B; 2022: $1.08B; 2023: $1.64B; 2024: $838.6M; 2025: $967.6M.
What was B. Riley Financial's net income in fiscal 2025?
B. Riley Financial reported net income of $307.4M for fiscal 2025.
What was B. Riley Financial's earnings per share (EPS) in fiscal 2025?
B. Riley Financial's diluted EPS was $9.80 for fiscal 2025 (adjusted for any later stock splits).
What was B. Riley Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), B. Riley Financial reported revenue of $239.1M.
How much debt does B. Riley Financial have?
B. Riley Financial reported $1.43B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of B. Riley Financial are outstanding?
B. Riley Financial reported a weighted average of 37.8 million basic shares outstanding in 2026 Q2.
What is B. Riley Financial's market cap?
Based on its latest closing price, B. Riley Financial (RILY) has a market capitalization of about $187.5M.
When does B. Riley Financial's fiscal year end?
B. Riley Financial's fiscal year end, as registered with the SEC, is December 31.
Where is B. Riley Financial headquartered?
B. Riley Financial lists its business address in Los Angeles, California in its SEC filings.