BRC Inc. income statement
In fiscal 2025, BRC Inc. reported revenue of $398m, up 1.7% on the year before, operating income of −$24.6m (a -6.2% margin) and net income of −$11.9m, or −$0.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82 | 164 | 233 | 301 | 396 | 391 | 398 | 437 |
| Cost of revenue | 46 | 95 | 143 | 202 | 270 | 230 | 260 | 288 |
| Gross profit | 36 | 69 | 90 | 99 | 125 | 161 | 138 | 149 |
| General and administrative | — | 14 | 26 | 64 | 72 | 51 | 55 | 48 |
| Operating income | −0 | 6 | −12 | −68 | −50 | 4 | −25 | −12 |
| Interest expense | 1 | 1 | 2 | 2 | 6 | 11 | 8 | 5 |
| Income before tax | −1 | 5 | −14 | −338 | −57 | −7 | −32 | −17 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −1 | 4 | −14 | −83 | −17 | −3 | −12 | −7 |
| Diluted EPS | — | — | — | −$1.62 | −$0.27 | −$0.04 | −$0.13 | — |
| Diluted shares (average) | — | — | — | 51m | 61m | 71m | 95m | — |
| EBITDA | 1 | 7 | −9 | −63 | −43 | 14 | −12 | −4 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 106 | 90 | 95 | 101 | 113 | 109 | 107 | 108 |
| Cost of revenue | 65 | 58 | 63 | 64 | 77 | 73 | 71 | 68 |
| Gross profit | 40 | 32 | 32 | 37 | 36 | 36 | 36 | 40 |
| General and administrative | 12 | 12 | 14 | 13 | 16 | 10 | 9 | 13 |
| Operating income | −2 | −5 | −13 | 1 | −7 | 1 | 1 | −7 |
| Interest expense | 5 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| Income before tax | −7 | −8 | −14 | −1 | −9 | 0 | −0 | −9 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −3 | −5 | −0 | −3 | −0 | −0 | −3 |
| Diluted EPS | −$0.03 | −$0.04 | −$0.07 | −$0.05 | $0.85 | $0.00 | $0.00 | −$0.28 |
| EBITDA | 0 | −3 | −9 | 4 | −4 | 3 | 3 | −6 |
Compare with peers
- MGP Ingredients Inc income statement
- Sndl Inc. income statement
- Vita Coco Company, Inc. income statement
- Zevia PBC income statement
- National Beverage Corp income statement
Head to head: BRCC vs MGPIBRCC vs SNDLBRCC vs COCOBRCC vs ZVIA
More: Beverages stocks compared, Consumer Staples sector, rankings of US companies