BRC Group Holdings, Inc. income statement
In fiscal 2025, BRC Group Holdings, Inc. reported revenue of $968m, up 29.6% on the year before, operating income of $75.6m (a 7.8% margin) and net income of $307m, or $9.80 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 42 | 64 | 84 | 76 | 77 | 113 | 190 | 322 | 423 | 652 | 834 | 1,555 | 939 | 1,466 | 746 | 968 | 1,147 |
| Cost of revenue | — | — | — | — | — | 14 | 3 | 15 | 0 | 1 | 8 | — | 27 | 61 | 173 | 168 | 145 | 137 |
| Gross profit | — | — | — | — | — | 63 | 109 | 176 | 322 | 422 | 645 | — | 1,528 | 879 | 1,293 | 579 | 822 | 1,010 |
| Selling, general and administrative | 36 | 31 | 33 | 40 | 36 | 44 | 58 | 82 | 228 | 311 | 385 | 429 | 906 | 655 | 765 | 689 | 600 | 558 |
| Operating income | 18 | −11 | 7 | 7 | 4 | −7 | 22 | 49 | 29 | 45 | 167 | 276 | 515 | 30 | 96 | −498 | 76 | 317 |
| Interest expense | 11 | 4 | 5 | 3 | 3 | 1 | 1 | 2 | 8 | 33 | 50 | 65 | 92 | 141 | 156 | 133 | 93 | 77 |
| Net interest income | — | — | — | — | — | — | — | — | 3 | 6 | — | — | — | — | — | — | — | — |
| Income before tax | 5 | −16 | 3 | 6 | 1 | −9 | 21 | 47 | 20 | 21 | 117 | 279 | 615 | −334 | −199 | −900 | 230 | 444 |
| Income tax | −12 | −5 | 2 | 2 | 1 | −3 | 8 | 14 | 9 | 5 | 35 | 75 | 164 | −65 | −39 | 22 | −10 | 13 |
| Net income | 17 | −11 | 1 | 4 | 1 | −6 | 12 | 22 | 12 | 16 | 82 | 205 | 445 | −160 | −100 | −764 | 307 | 412 |
| Diluted EPS | $18.20 | −$7.80 | $0.40 | $2.38 | $0.71 | −$0.60 | $0.73 | $1.17 | $0.48 | $0.58 | $2.95 | $7.56 | $15.09 | −$5.95 | −$3.69 | −$25.46 | $9.80 | $12.50 |
| Diluted shares (average) | — | 1m | 1m | 1m | 1m | 10m | 16m | 18m | 24m | 27m | 28m | 27m | 29m | 28m | 29m | 30m | 31m | 33m |
| EBITDA | 18 | −11 | 8 | 8 | 5 | −7 | 23 | 53 | 40 | 59 | 186 | 296 | 540 | 70 | 146 | −452 | 111 | 349 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 175 | 179 | 186 | 225 | 278 | 278 | 352 | 239 |
| Cost of revenue | 40 | 49 | 37 | 35 | 35 | 39 | 32 | 31 |
| Gross profit | 135 | 130 | 149 | 190 | 243 | 240 | 320 | 208 |
| Selling, general and administrative | 161 | 171 | 167 | 142 | 144 | 146 | 134 | 133 |
| Operating income | −82 | −167 | −61 | 11 | 65 | 61 | 153 | 38 |
| Interest expense | 33 | 31 | 30 | 24 | 19 | 20 | 20 | 18 |
| Income before tax | −141 | −257 | −23 | 75 | 99 | 79 | 239 | 28 |
| Income tax | 10 | 4 | −3 | 3 | 1 | −11 | 17 | 6 |
| Net income | −284 | 3 | −10 | 139 | 91 | 87 | 213 | 21 |
| Diluted EPS | −$9.39 | $0.07 | −$0.39 | $4.50 | $2.91 | $2.78 | $6.57 | $0.45 |
| EBITDA | −71 | −156 | −51 | 20 | 74 | 69 | 161 | 46 |
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