BRC Inc.BRCCEarnings & Financial Report
BRC Inc., operating under the Black Rifle Coffee brand, is a U.S.-headquartered premium coffee and lifestyle brand. It sells roasted coffee beans, ready-to-drink coffee products, branded apparel, and outdoor gear, targeting primarily veteran, first responder, and outdoor enthusiast consumer segments across North America, via both e-commerce and physical retail channels.
Revenue
$98.4M
Gross Profit
$42.2M
Operating Profit
$4.0M
Net Profit
$548.0K
Gross Margin
42.9%
Operating Margin
4.0%
Net Margin
0.6%
YoY Growth
17.8%
EPS
$0.01
Financial Flow
BRC Inc. Q1 2024 Financial Summary
BRC Inc. reported revenue of $98.4M (up 17.8% YoY) for Q1 2024, with a net profit of $548.0K (up 111.4% YoY) (0.6% margin). Cost of goods sold was $56.2M, operating expenses totaled $38.2M.
Key Financial Metrics
| Total Revenue | $98.4M |
|---|---|
| Net Profit | $548.0K |
| Gross Margin | 42.9% |
| Operating Margin | 4.0% |
| Report Period | Q1 2024 |
Revenue Breakdown
BRC Inc. Q1 2024 revenue of $98.4M breaks down across 3 segments, led by Sales Channel Through Intermediary at $60.4M (61.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Through Intermediary | $60.4M | 61.4% |
| Sales Channel Directly To Consumer | $32.6M | 33.1% |
| Outpost | $5.3M | 5.4% |
BRC Inc. Revenue by Segment — Quarterly Trend
BRC Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Through Intermediary and Sales Channel Directly To Consumer) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Sales Channel Through Intermediary | $72.9M | $67.0M | $61.3M | $56.8M |
| Sales Channel Directly To Consumer | $34.4M | $27.8M | $27.6M | $27.7M |
| Outpost | $5.4M | $5.8M | $5.9M | $5.5M |
BRC Inc. Annual Revenue by Year
BRC Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $398.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $398.3M |
| 2024 | $391.5M |
| 2023 | $395.6M |
| 2022 | $301.3M |
BRC Inc. Quarterly Revenue & Net Profit History
BRC Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $112.7M | +6.5% | $-3.2M | -2.8% |
| Q3 2025 | $100.7M | +2.6% | $-486.0K | -0.5% |
| Q2 2025 | $94.8M | +6.5% | $-5.3M | -5.6% |
| Q1 2025 | $90.0M | -8.6% | $-2.9M | -3.2% |
| Q4 2024 | $105.9M | -11.5% | $-2.5M | -2.3% |
| Q3 2024 | $98.2M | -2.3% | $-535.0K | -0.5% |
| Q2 2024 | $89.0M | -3.2% | $-482.0K | -0.5% |
| Q1 2024 | $98.4M | +17.8% | $548.0K | 0.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $98.4M | $89.0M | $98.2M | $105.9M | $90.0M | $94.8M | $100.7M | $112.7M |
| YoY Growth | 17.8% | -3.2% | -2.3% | -11.5% | -8.6% | 6.5% | 2.6% | 6.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $227.2M | $229.9M | $233.7M | $227.4M | $222.9M | $225.3M | $222.4M | $209.2M |
| Liabilities | $176.6M | $177.7M | $180.1M | $177.9M | $178.7M | $189.6M | $148.2M | $141.2M |
| Equity | $14.6M | $14.9M | $14.5M | $13.2M | $11.2M | $10.1M | $48.0M | $45.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $4.9M | $2.3M | $1.9M | $2.2M | $-4.1M | $-3.3M | $6.4M | $-8.7M |