NYSE$BRCC

Brc Inc-A · Q4 2025 earnings

Q4 2025 earnings · · After market close

Briefing

BRC Inc. reported fourth quarter 2025 financial results with revenue growth of 6.5% and a net loss of $8.6 million.

BRC Inc. achieved Q4 revenue of $112.7 million, driven by growth in Wholesale and DTC channels, though gross margins were pressured by green coffee inflation and formulation-related impairments. The company successfully reduced debt and improved its capital structure during the fiscal year while setting a growth-oriented outlook for 2026.

  • Net revenue increased 6.5% year-over-year to $112.7 million in Q4 2025.
  • Wholesale revenue grew 8.4% due to distribution gains and improved velocity in packaged coffee.
  • Gross margin declined 610 basis points to 32.1% primarily due to green coffee inflation and a non-cash impairment.
  • The company substantially reduced long-term debt from $63.0 million to $32.3 million during the fiscal year.

Headline financials

Total Revenue

$113M

No prior period
EPS (adj)

-$0.03

No prior period
DTC Subscribers

159.9K

No prior period
Adjusted EBITDA

$9.74M

No prior period
FDM ACV %

54.9%

No prior period
RTD ACV %

55.9%

No prior period
Total Outposts

35

No prior period
Net Income

-$8.64M

No prior period
Operating Income

-$7.06M

No prior period
Gross Profit

$36.2M

No prior period
Cash & Equivalents

$4.33M

No prior period
Total Assets

$209M

No prior period

Revenue & EPS history

BRC · Revenue · Quarterly

$113M

Q4 2025
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Revenue by segment

BRC · $113M total across 3 segments · Q4 2025

  • Wholesale
    $72.9M
  • Direct-to-Consumer
    $34.4M
  • Outpost
    $5.44M

Forward guidance

For the full year 2026, BRC Inc. expects continued revenue growth and significant expansion in Adjusted EBITDA.

Tailwinds

  • At least 7% net revenue growth for FY 2026.
  • At least 30% Adjusted EBITDA growth for FY 2026.
  • Expected gross margin between 34% and 36%.
  • Momentum in coffee portfolio and broader distribution.
  • Strengthened balance sheet and improved liquidity.

Headwinds

  • Ongoing challenging commodity environment.
  • Impact of green coffee inflation.
  • Potential impact of tariffs.
  • Decline in DTC subscriber base.
  • Lower transaction volumes at Outpost locations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+2.9%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+4.0%

Avg return

30 days after

64%

9 / 14 earnings

Positive

+25.0%

Q4 2025

Best reaction

-7.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%+19.3%+37.6%
Q4 2025+25.0%+21.6%+23.7%
Q3 2025-7.0%-14.1%-11.3%
Q2 2025+0.6%-12.2%-6.1%
Q1 2025+3.5%-28.8%-24.0%
Q3 2024+0.6%-2.5%-1.6%
Q2 2024+1.7%-34.0%-26.8%
Q1 2024+2.2%+20.9%+44.4%
Q3 2023-2.3%+5.2%+32.7%
Q2 2023-1.0%+10.7%+10.4%
Q1 2023-2.6%-2.6%+2.4%
Q3 2022-0.6%-10.2%-13.7%
Q2 2022+13.6%+18.8%+4.1%
Q1 2022+5.6%+5.1%-16.3%

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