Black Rock Coffee Bar, Inc. (BRCB) Income Statement
BRCB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRCB revenue and net income
Where BRCB's revenue goes
2025Each bar shows an amount and its share of revenue. BRCB kept −0.0% of revenue as net income.
BRCB profit margins
BRCB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +24.5% | — | — | — |
| Gross profit | −25.9% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BRCB quarterly EPS vs estimates
Black Rock Coffee Bar beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 10, 2026 (estimate $0.06).
BRCB income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $200.3M | $160.9M | $133.2M |
| Cost of revenue | $141.6M | $81.6M | $72.2M |
| Gross profit | $58.7M | $79.3M | $61.0M |
| Sales, general & admin | $41.3M | $34.0M | $20.3M |
| Total operating expenses | $53.5M | $82.0M | $59.0M |
| Operating income | $5.2M | −$2.7M | $2.0M |
| Interest income | $433,000 | $651,000 | $538,000 |
| Interest expense | $9.8M | $4.3M | $11.5M |
| Income before taxes | −$16.1M | −$12.7M | −$8.3M |
| Income taxes | $475,000 | −$886,000 | $357,000 |
| Net income | −$60,000 | −$3.7M | −$8.8M |
| EBITDA | $5.9M | $2.0M | $11.7M |
| EPS (diluted) | $1.12 | −$0.25 | — |
| Gross margin | 29.3% | 49.3% | 45.8% |
| Operating margin | 2.6% | −1.7% | 1.5% |
| Net margin | −0.0% | −2.3% | −6.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.0M | $55.5M | $53.6M | $51.5M | $47.6M | $47.6M | $42.8M | $41.5M | $38.3M |
| Cost of revenue | $35.3M | $42.4M | $37.8M | $36.2M | $27.4M | $27.4M | $31.2M | $29.7M | $22.6M |
| Gross profit | $27.7M | $13.0M | $15.8M | $15.3M | $20.2M | $20.2M | $11.7M | $11.7M | $15.7M |
| Sales, general & admin | $9.8M | $9.2M | $9.4M | $17.2M | $7.9M | $6.9M | $16.6M | $4.9M | — |
| Total operating expenses | $23.6M | $9.2M | $12.8M | $20.2M | $17.5M | $17.5M | $19.6M | $7.4M | $14.2M |
| Operating income | $4.1M | $3.8M | $3.0M | −$4.9M | $2.8M | $2.8M | −$8.0M | $4.3M | $1.5M |
| Interest income | — | $163,000 | $94,000 | $103,000 | — | $147,000 | — | $222,000 | — |
| Interest expense | $589,000 | $422,000 | $416,000 | $3.0M | $3.1M | $3.1M | $4.4M | $3.3M | $2.6M |
| Income before taxes | $3.3M | $1.9M | $1.8M | −$16.1M | −$861,500 | −$861,500 | −$10.0M | −$651,000 | −$1.1M |
| Income taxes | $101,000 | $103,000 | $222,000 | $31,000 | $111,000 | $111,000 | −$1.1M | $71,000 | $63,000 |
| Net income | $1.2M | $378,000 | $652,000 | −$712,000 | $972,500 | −$972,500 | −$767,000 | −$722,000 | −$1.1M |
| EBITDA | $8.0M | $5.8M | $5.6M | −$10.1M | $5.1M | $5.1M | −$11.3M | $5.2M | $1.3M |
| EPS (diluted) | $0.06 | $0.02 | $0.09 | $1.05 | −$0.02 | — | — | — | — |
| Gross margin | 44.0% | 23.5% | 29.5% | 29.7% | 42.5% | 42.5% | 27.2% | 28.2% | 41.1% |
| Operating margin | 6.5% | 6.9% | 5.6% | −9.5% | 5.8% | 5.8% | −18.6% | 10.3% | 3.9% |
| Net margin | 1.9% | 0.7% | 1.2% | −1.4% | 2.0% | −2.0% | −1.8% | −1.7% | −2.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRCB's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRCB financial results
In fiscal year 2025 (ended December 31, 2025), Black Rock Coffee Bar reported revenue of $200.3 million, up 24.5% from the year before. It had a net loss of $0.1 million, a net profit margin of −0.0%. Diluted earnings per share came to $1.12.
See the BRCB stock overview for the latest quote and news, or the BRCB chart for price history and technical indicators.
BRCB income statement FAQ
What is Black Rock Coffee Bar's annual revenue?
Black Rock Coffee Bar reported total revenue of $200.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 24.5% from $160.9 million the previous year.
Is Black Rock Coffee Bar profitable?
No. Black Rock Coffee Bar reported a net loss of $0.1 million in fiscal 2025, a net profit margin of −0.0%; its operating margin was 2.6%.
What is Black Rock Coffee Bar's gross margin?
Black Rock Coffee Bar's gross margin was 29.3% in fiscal 2025: for every $100 of revenue, Black Rock Coffee Bar kept $29 after the direct cost of its products and services.
What are Black Rock Coffee Bar's earnings per share?
Black Rock Coffee Bar earned $1.12 per diluted share in fiscal 2025, compared with $-0.25 a year earlier.
When will Black Rock Coffee Bar report its next earnings?
Black Rock Coffee Bar is expected to report results for the quarter ending September 30, 2026 on November 10, 2026 after the market closes.
When does Black Rock Coffee Bar's fiscal year end?
Black Rock Coffee Bar's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.