BRC Inc. (BRCC) Income Statement
BRCC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRCC revenue and net income
Where BRCC's revenue goes
2025Each bar shows an amount and its share of revenue. BRCC kept −3.0% of revenue as net income.
BRCC profit margins
BRCC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.7% | +9.7% | +19.4% | — |
| Gross profit | −14.4% | +11.6% | +14.7% | — |
| Operating income | −739.2% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −69.0% | −70.7% | −37.8% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BRCC quarterly EPS vs estimates
BRC beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.01).
BRCC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $398.3M | $391.5M | $395.6M | $301.3M | $233.1M | $163.9M | $82.1M |
| Cost of revenue | $260.3M | $230.3M | $270.2M | $202.1M | $143.4M | $94.5M | $46.4M |
| Gross profit | $137.9M | $161.2M | $125.4M | $99.2M | $89.7M | $69.4M | $35.7M |
| Sales, general & admin | $93.9M | $148.9M | $173.5M | $166.9M | $101.3M | $63.6M | $35.8M |
| Total operating expenses | $162.5M | $157.3M | $175.7M | $166.9M | $101.3M | $63.6M | $35.8M |
| Operating income | −$24.6M | $3.8M | −$50.2M | −$67.8M | −$11.6M | $5.8M | −$116,000 |
| Interest expense | $7.5M | $11.3M | $6.3M | $1.6M | $2.0M | $1.0M | $733,000 |
| Income before taxes | −$32.1M | −$7.5M | −$56.5M | −$337.7M | −$13.7M | $4.5M | −$758,000 |
| Income taxes | $132,000 | $172,000 | $185,000 | $367,000 | $178,000 | $185,000 | $14,000 |
| Net income | −$11.9M | −$3.0M | −$16.7M | −$82.9M | −$13.8M | $4.3M | −$772,000 |
| EBITDA | −$12.4M | $13.9M | −$42.9M | −$331.7M | −$9.5M | $7.0M | $908,000 |
| EPS (diluted) | $0.09 | $0.29 | $0.29 | $3.58 | $0.14 | $0.97 | — |
| Gross margin | 34.6% | 41.2% | 31.7% | 32.9% | 38.5% | 42.3% | 43.5% |
| Operating margin | −6.2% | 1.0% | −12.7% | −22.5% | −5.0% | 3.5% | −0.1% |
| Net margin | −3.0% | −0.8% | −4.2% | −27.5% | −5.9% | 2.6% | −0.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $107.0M | $109.2M | $112.7M | $100.7M | $94.8M | $90.0M | $105.9M | $98.2M | $89.0M | $98.4M | $119.6M | $100.5M |
| Cost of revenue | $70.5M | $73.1M | $76.6M | $63.6M | $62.7M | $57.5M | $65.5M | $56.9M | $51.8M | $56.2M | $88.0M | $66.5M |
| Gross profit | $36.5M | $36.1M | $36.2M | $37.1M | $32.2M | $32.5M | $40.4M | $41.3M | $37.3M | $42.2M | $31.7M | $34.1M |
| Sales, general & admin | $19.8M | $34.4M | $38.1M | $21.7M | $39.9M | $36.7M | $35.7M | $39.0M | $36.0M | $38.2M | $42.4M | $41.6M |
| Total operating expenses | $35.4M | $34.8M | $43.2M | $36.6M | $44.8M | $37.9M | $42.6M | $40.2M | $36.3M | $38.2M | $43.9M | $41.0M |
| Operating income | $1.1M | $1.3M | −$7.1M | $518,000 | −$12.6M | −$5.4M | −$2.2M | $1.1M | $978,000 | $4.0M | −$12.2M | −$7.0M |
| Interest expense | $1.3M | $1.2M | $1.6M | $1.7M | $1.8M | $2.4M | $4.5M | $2.5M | $2.3M | $2.1M | $1.7M | $3.5M |
| Income before taxes | −$153,000 | $79,000 | −$8.6M | −$1.2M | −$14.5M | −$7.8M | −$6.7M | −$1.3M | −$1.3M | $1.9M | −$14.0M | −$10.6M |
| Income taxes | $33,000 | $33,000 | −$5.4M | $44,000 | $44,000 | $44,000 | $21,000 | $50,000 | $51,000 | $49,000 | $16,000 | $56,000 |
| Net income | −$103,000 | −$15,000 | −$3.2M | −$486,000 | −$5.3M | −$2.9M | −$2.5M | −$535,000 | −$482,000 | $548,000 | −$4.5M | −$3.2M |
| EBITDA | $3.1M | $3.5M | −$4.5M | $3.6M | −$8.7M | −$5.4M | $407,000 | $3.8M | $2.3M | $5.4M | −$10.4M | −$5.5M |
| EPS (diluted) | −$0.07 | $0.02 | −$0.03 | $0.04 | $0.07 | $0.01 | $0.06 | $0.04 | $0.07 | $0.12 | −$0.07 | $0.13 |
| Gross margin | 34.1% | 33.0% | 32.1% | 36.9% | 33.9% | 36.1% | 38.1% | 42.1% | 41.9% | 42.9% | 26.5% | 33.9% |
| Operating margin | 1.0% | 1.2% | −6.3% | 0.5% | −13.3% | −6.0% | −2.1% | 1.1% | 1.1% | 4.0% | −10.2% | −6.9% |
| Net margin | −0.1% | −0.0% | −2.8% | −0.5% | −5.6% | −3.2% | −2.3% | −0.5% | −0.5% | 0.6% | −3.7% | −3.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRCC's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRCC financial results
In fiscal year 2025 (ended December 31, 2025), BRC reported revenue of $398.3 million, up 1.7% from the year before. It had a net loss of $11.9 million, a net profit margin of −3.0%. Diluted earnings per share came to $0.09. Over five years revenue grew at an average rate of 19.4% a year.
See the BRCC stock overview for the latest quote and news, or the BRCC chart for price history and technical indicators.
BRCC income statement FAQ
What is BRC's annual revenue?
BRC reported total revenue of $398.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.7% from $391.5 million the previous year.
Is BRC profitable?
No. BRC reported a net loss of $11.9 million in fiscal 2025, a net profit margin of −3.0%; its operating margin was −6.2%.
What is BRC's gross margin?
BRC's gross margin was 34.6% in fiscal 2025: for every $100 of revenue, BRC kept $35 after the direct cost of its products and services.
How fast is BRC growing?
Revenue grew 19.4% a year on average over the last five fiscal years, from $163.9 million to $398.3 million.
What are BRC's earnings per share?
BRC earned $0.09 per diluted share in fiscal 2025, compared with $0.29 a year earlier.
When will BRC report its next earnings?
BRC is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes.
When does BRC's fiscal year end?
BRC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.