BRC Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 09/30/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $398.3M | $391.5M | $395.6M | — | $301.3M |
| Cost of revenue | $260.3M | $230.3M | $270.2M | — | $202.1M |
| Gross profit | $137.9M | $161.2M | $125.4M | — | $99.2M |
| Operating expenses | $162.5M | $157.3M | $175.7M | — | $166.9M |
| Operating income | -$24.6M | $3.8M | -$50.2M | — | -$67.8M |
| Interest expense | $7.5M | $11.3M | $6.3M | — | $1.6M |
| Pretax income | -$32.1M | -$7.5M | -$56.5M | — | -$337.7M |
| Income tax expense | $132,000 | $172,000 | $185,000 | — | $367,000 |
| Net income | -$11.9M | -$3.0M | -$16.7M | — | -$82.9M |
| Balance Sheet | |||||
| Cash and equivalents | $4.3M | $6.8M | $12.4M | $6.7M | $39.0M |
| Current assets | $100.3M | $95.5M | $107.7M | $138.1M | $145.3M |
| Total assets | $209.2M | $227.4M | $235.8M | $239.6M | $225.3M |
| Current liabilities | $76.1M | $75.2M | $84.1M | $74.1M | $62.2M |
| Total liabilities | $141.2M | $177.9M | $189.3M | $180.2M | $129.4M |
| Total debt | $39.1M | $70.3M | $76.4M | — | $49.6M |
| Stockholders' equity | $45.7M | $13.2M | $13.3M | $21.5M | $25.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$9.8M | $11.3M | -$25.0M | — | -$116.2M |
| Depreciation and amortization | $12.2M | $10.1M | $7.3M | — | $4.3M |
| Stock-based compensation | $10.3M | $10.6M | $7.0M | — | $6.1M |
| Capital expenditure | $3.7M | $8.7M | $27.2M | — | $30.4M |
| Free cash flow | -$13.5M | $2.6M | -$52.2M | — | -$146.6M |
| Dividends paid | — | — | $0 | — | $0 |
| Share repurchases | — | $0 | $0 | — | $20.1M |
| Impairments | — | — | — | — | $0 |
Shares outstanding 249.5M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.