BRCCNYSEBeveragesFiscal year ends December 31
BRC Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$10.00−0.09 (-0.89%)
Close on Oct 19, 2026
- Market cap
- $1.18B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
34.6%−7.7 pts over 5 years
Operating margin
-6.2%−9.7 pts over 5 years
Net margin
-3.0%−5.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.7% | +9.7% | +19.4% | – | |
| Gross profit | -14.4% | +11.6% | +14.7% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -8.3% | -40.5% | |
| Return on assets | – | – | -5.5% | |
| Current ratio | – | 1.70 | 1.32 | |
| Debt to equity | – | -0.13 | 0.76 | |
| Net debt to EBITDA | – | -3.10× | -2.45× | |
| Interest coverage | – | 5.5× | -3.3× | |
| Inventory turnover | – | – | 5.6× | |
| Capex to revenue | – | 6.0% | 0.9% | |
| Diluted shares | – | – | 95M |
Where the cash went
Fiscal 2021 to 2025, five years combined
BRC generated $169.97M from operations and spent $116.38M on capital expenditure, dividends and share buybacks. 77% of that went back into the business.
Generated
$169.97M
Used
$116.38M
Capital expenditure$89.24M77%Dividends$7.00M6%Share buybacks$20.15M17%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.0%
×Asset turnover1.82×
×Equity multiplier7.42×
=Return on equity, FY2025-40.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -3.0% | 1.82× | 7.42× | -40.5% |
| FY2024 | -0.8% | 1.69× | 17.51× | -22.3% |
| FY2023 | -4.2% | 1.72× | 11.80× | -85.7% |
| FY2022 | -27.5% | 1.93× | -2.53× | 134.0% |
| FY2021 | -5.9% | 2.92× | -0.63× | 11.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$11.91M
- Cash generatingOperating cash flow above zero-$9.81M
- Return on assets improvedROA up on the prior year-1.3% → -5.2%
- Earnings backed by cashOperating cash flow above net income-$9.81M vs -$11.91M
- Less leverageLong-term debt to assets fell27.7% → 15.4%
- Better liquidityCurrent ratio rose1.27 → 1.32
- No dilutionShare count did not rise71M → 95M
- Gross margin improvedGross margin up on the prior year41.17% → 34.64%
- More efficientAsset turnover rose1.66 → 1.75