Birks Group Inc (BGI) Financials
Newest figures come from the 20-F for FY2025, filed Jul 25, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BGI SEC filings page.
Birks Group Inc (BGI) reported $177.8M in revenue for fiscal year 2025, down 4.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Birks operates on thin, weakening merchandise margins, while inventory growth and recurring losses have tightened its already stretched balance sheet.
Revenue fell in FY2025 while gross margin contracted from39.7% to37.3% , showing weaker sales and lower profit retained per sale worked together. Cash conversion also remained negative, with operating cash flow of-$1.9M and free cash flow of-$8.9M , so the reported loss reflected cash consumption rather than an accounting-only result.
Inventory reached
Liabilities exceeded assets by
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Birks Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Birks Group Inc held $1.5M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $1.9M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Birks Group Inc scores 28/100 among other emerging companies.
Birks Group Inc had 20M shares outstanding at the end of fiscal year 2025, against 19M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Birks Group Inc scores 65/100 among other emerging companies.
Not available for Birks Group Inc, and counted as zero in the overall score.
Birks Group Inc reported revenue of $177.8M in fiscal year 2025, against $185.3M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Birks Group Inc scores 49/100 among other emerging companies.
Birks Group Inc's operations used $1.9M of cash in fiscal year 2025, against $170K used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Birks Group Inc scores 81/100 among other emerging companies.
Birks Group Inc's cash, cash equivalents and investments came to $1.5M at the end of fiscal year 2025, against $214.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Birks Group Inc scores 2/100 among other emerging companies.
Birks Group Inc scores -0.30, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6.9M) relative to total liabilities ($214.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Birks Group Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
Birks Group Inc reported a net loss of $12.8M while operations used $1.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Birks Group Inc held $1.5M in cash against $21.4M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
BGI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BGI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K | Q4'1810-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $196.1M-3.5% | $203.3M+3.2% | $197.0M+7.5% | $183.3M-9.1% | $201.7M-4.3% | $210.7M+57.4% | $133.8M+11.2% | $120.3M-32.8% |
| Current Assets | $126.5M+12.7% | $112.2M+8.2% | $103.7M+14.2% | $90.8M-16.7% | $108.9M-1.4% | $110.5M+12.3% | $98.4M+1.9% | $96.6M-35.5% |
| Cash & Equivalents | $1.5M-15.4% | $1.8M+41.3% | $1.3M-37.3% | $2.0M+11.4% | $1.8M+219.8% | $565K-52.1% | $1.2M+17.3% | $1.0M-61.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $116.3M+17.4% | $99.1M+12.1% | $88.4M+12.0% | $78.9M-19.3% | $97.8M-4.0% | $101.9M+11.3% | $91.5M+7.9% | $84.8M+28.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $214.1M+2.7% | $208.4M+5.5% | $197.6M+11.4% | $177.4M-12.7% | $203.1M-2.0% | $207.2M+72.7% | $120.0M+36.7% | $87.8M-45.6% |
| Current Liabilities | $149.6M+21.3% | $123.3M+10.0% | $112.1M+26.1% | $88.9M-20.5% | $111.8M-4.2% | $116.8M+28.4% | $90.9M+22.6% | $74.2M-42.2% |
| Non-Current Liabilities | $64.5M-24.2% | $85.1M-0.5% | $85.5M-3.4% | $88.5M-3.0% | $91.3M+0.9% | $90.5M+211.2% | $29.1M+113.2% | $13.6M-64.0% |
| Long-Term Debt | $21.4M-5.4% | $22.6M+1.8% | $22.2M+3.8% | $21.4M-7.3% | $23.1M+42.2% | $16.2M+0.7% | $16.1M+233.0% | $4.8M+19.3% |
| Total Equity | -$18.0M-249.8% | -$5.1M-753.9% | -$603K-110.3% | $5.9M+512.4% | -$1.4M-141.7% | $3.4M-75.3% | $13.8M-57.6% | $32.5M+85.7% |
| Retained Earnings | -$138.3M-10.2% | -$125.5M-3.8% | -$120.8M-6.6% | -$113.4M+1.1% | -$114.7M-5.4% | -$108.9M-10.6% | -$98.5M-23.4% | -$79.8M-7.9% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
BGI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
BGI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$18.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Birks Group Inc BGI | FY2025 | $177.8M | -$12.8M | -7.2% | $6.9M | 38/100 |
| Lanvin Group Holdings Limited LANV | FY2025 | $78.2M | -$26.0M | -33.2% | $101.6M | — |
| Brilliant Earth Group, Inc. BRLT | FY2025 | $437.5M | -$3.6M | -0.8% | $24.9M | 44/100 |
| Envela Corporation ELA | FY2025 | $241.0M | $14.6M | 6.1% | $313.1M | 72/100 |
| Movado Group, Inc. MOV | FY2026 | $671.3M | $26.6M | 4.0% | $732.7M | 55/100 |
| The RealReal, Inc. REAL | FY2025 | $692.8M | N/A | N/A | $1.3B | 27/100 |
Where Birks Group Inc Ranks
Frequently Asked Questions
What is Birks Group Inc's annual revenue?
Birks Group Inc (BGI) reported $177.8M in total revenue for fiscal year 2025. This represents a -4.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Birks Group Inc's revenue growing?
Birks Group Inc (BGI) revenue declined by 4.0% year-over-year, from $185.3M to $177.8M in fiscal year 2025.
Is Birks Group Inc profitable?
No, Birks Group Inc (BGI) reported a net income of -$12.8M in fiscal year 2025, with a net profit margin of -7.2%.
What is Birks Group Inc's EBITDA?
Birks Group Inc (BGI) had EBITDA of $2.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Birks Group Inc have?
As of fiscal year 2025, Birks Group Inc (BGI) had $1.5M in cash and equivalents against $21.4M in long-term debt.
What is Birks Group Inc's gross margin?
Birks Group Inc (BGI) had a gross margin of 37.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Birks Group Inc's operating margin?
Birks Group Inc (BGI) had an operating margin of -3.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Birks Group Inc's net profit margin?
Birks Group Inc (BGI) had a net profit margin of -7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Birks Group Inc's free cash flow?
Birks Group Inc (BGI) recorded an outflow of $8.9M in free cash flow during fiscal year 2025. This represents a -38.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Birks Group Inc's operating cash flow?
Birks Group Inc (BGI) recorded an outflow of $1.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Birks Group Inc's total assets?
Birks Group Inc (BGI) had $196.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Birks Group Inc's capital expenditures?
Birks Group Inc (BGI) invested $7.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Birks Group Inc's current ratio?
Birks Group Inc (BGI) had a current ratio of 0.85 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Birks Group Inc's return on assets (ROA)?
Birks Group Inc (BGI) had a return on assets of -6.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Birks Group Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Birks Group Inc (BGI) held $1.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.9M over that year. Dividing the one by the other, the reported balance equals about 9 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Birks Group Inc's debt-to-equity ratio negative or not reported?
Birks Group Inc (BGI) has negative shareholder equity of -$18.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Birks Group Inc's Altman Z-Score?
Birks Group Inc (BGI) has an Altman Z-Score of -0.30, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Birks Group Inc's Piotroski F-Score?
Birks Group Inc (BGI) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Birks Group Inc's earnings high quality?
Birks Group Inc (BGI) reported a net loss of $12.8M while operations used $1.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Birks Group Inc?
Birks Group Inc (BGI) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.