Black Rock Coffee Bar, Inc. Financials
This page shows Black Rock Coffee Bar, Inc. (BRCB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Black Rock Coffee Bar, Inc. has an operating margin of 0.4%, meaning the company retains $0 of operating profit per $100 of revenue. This below-average margin results in a low score of 2/100, suggesting thin profitability after operating expenses. This is down from 3.8% the prior year.
Black Rock Coffee Bar, Inc.'s revenue surged 24.5% year-over-year to $200.3M, reflecting rapid business expansion. This strong growth earns a score of 99/100.
Black Rock Coffee Bar, Inc. carries a low D/E ratio of 0.57, meaning only $0.57 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
Black Rock Coffee Bar, Inc.'s current ratio of 1.04 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 22/100, which could limit financial flexibility.
While Black Rock Coffee Bar, Inc. generated $2.2M in operating cash flow, capex of $34.9M consumed most of it, leaving -$32.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Black Rock Coffee Bar, Inc. scores 1.37, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($292.1M) relative to total liabilities ($231.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Black Rock Coffee Bar, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Black Rock Coffee Bar, Inc. generates $-36.48 in operating cash flow ($2.2M OCF vs -$60K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Black Rock Coffee Bar, Inc. generated $200.3M in revenue in fiscal year 2025. This represents an increase of 24.5% from the prior year.
Black Rock Coffee Bar, Inc.'s EBITDA was $13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.1% from the prior year.
Black Rock Coffee Bar, Inc. generated -$32.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 268.6% from the prior year.
Black Rock Coffee Bar, Inc. reported -$60K in net income in fiscal year 2025. This represents an increase of 99.2% from the prior year.
Black Rock Coffee Bar, Inc. earned $0.00 per diluted share (EPS) in fiscal year 2025.
Black Rock Coffee Bar, Inc. held $28.4M in cash against $25.9M in long-term debt as of fiscal year 2025.
Black Rock Coffee Bar, Inc.'s gross margin was 29.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the prior year.
Black Rock Coffee Bar, Inc.'s operating margin was 0.4% in fiscal year 2025, reflecting core business profitability. This is down 3.3 percentage points from the prior year.
Black Rock Coffee Bar, Inc.'s net profit margin was -0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.5 percentage points from the prior year.
Black Rock Coffee Bar, Inc. spent $3.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 76.5% from the prior year.
Black Rock Coffee Bar, Inc. invested $34.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 57.3% from the prior year.
BRCB Income Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Revenue | N/A | $51.5M | N/A | $41.5M |
| Cost of Revenue | N/A | $36.2M | N/A | $29.7M |
| Gross Profit | N/A | $15.3M | N/A | $11.7M |
| R&D Expenses | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $17.2M | N/A | $4.9M |
| Operating Income | N/A | -$6.4M | N/A | $3.1M |
| Interest Expense | N/A | N/A | N/A | N/A |
| Income Tax | N/A | $31K | N/A | $71K |
| Net Income | -$162K+77.2% | -$712K | N/A | -$722K |
| EPS (Diluted) | N/A | $-0.05 | N/A | N/A |
BRCB Balance Sheet
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Total Assets | $336.4M+4.1% | $323.2M+51.8% | $212.9M | N/A |
| Current Assets | $40.1M-9.0% | $44.1M+126.6% | $19.4M | N/A |
| Cash & Equivalents | $28.4M-13.0% | $32.6M+219.2% | $10.2M-20.5% | $12.9M |
| Inventory | $2.9M+4.0% | $2.8M+35.6% | $2.1M | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A |
| Goodwill | $9.4M0.0% | $9.4M0.0% | $9.4M | N/A |
| Total Liabilities | $231.7M+4.0% | $222.8M-52.7% | $470.7M | N/A |
| Current Liabilities | $38.6M+20.2% | $32.1M-3.7% | $33.3M | N/A |
| Long-Term Debt | $25.9M+47.1% | $17.6M-80.3% | $89.3M | N/A |
| Total Equity | $45.7M+6.1% | $43.0M+116.7% | -$257.8M | N/A |
| Retained Earnings | -$60K+91.6% | -$712K | N/A | N/A |
BRCB Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Operating Cash Flow | $5.1M | N/A | $4.2M | N/A |
| Capital Expenditures | $12.0M | N/A | $3.9M | N/A |
| Free Cash Flow | -$6.9M | N/A | $229K | N/A |
| Investing Cash Flow | -$12.1M | N/A | -$4.3M | N/A |
| Financing Cash Flow | $2.8M | N/A | -$2.5M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | $2.3M | N/A |
BRCB Financial Ratios
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|
| Gross Margin | N/A | 29.7% | N/A | 28.2% |
| Operating Margin | N/A | -12.4% | N/A | 7.6% |
| Net Margin | N/A | -1.4% | N/A | -1.7% |
| Return on Equity | N/A | N/A | N/A | N/A |
| Return on Assets | -0.1%+0.2pp | -0.2% | N/A | N/A |
| Current Ratio | 1.04-0.3 | 1.37+0.8 | 0.58 | N/A |
| Debt-to-Equity | 0.57+0.2 | 0.41+0.8 | -0.35 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Black Rock Coffee Bar, Inc.'s annual revenue?
Black Rock Coffee Bar, Inc. (BRCB) reported $200.3M in total revenue for fiscal year 2025. This represents a 24.5% 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 Black Rock Coffee Bar, Inc.'s revenue growing?
Black Rock Coffee Bar, Inc. (BRCB) revenue grew by 24.5% year-over-year, from $160.9M to $200.3M in fiscal year 2025.
Is Black Rock Coffee Bar, Inc. profitable?
No, Black Rock Coffee Bar, Inc. (BRCB) reported a net income of -$60K in fiscal year 2025, with a net profit margin of -0.0%.
What is Black Rock Coffee Bar, Inc.'s earnings per share (EPS)?
Black Rock Coffee Bar, Inc. (BRCB) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Black Rock Coffee Bar, Inc.'s EBITDA?
Black Rock Coffee Bar, Inc. (BRCB) had EBITDA of $13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Black Rock Coffee Bar, Inc. have?
As of fiscal year 2025, Black Rock Coffee Bar, Inc. (BRCB) had $28.4M in cash and equivalents against $25.9M in long-term debt.
What is Black Rock Coffee Bar, Inc.'s gross margin?
Black Rock Coffee Bar, Inc. (BRCB) had a gross margin of 29.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Black Rock Coffee Bar, Inc.'s operating margin?
Black Rock Coffee Bar, Inc. (BRCB) had an operating margin of 0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Black Rock Coffee Bar, Inc.'s net profit margin?
Black Rock Coffee Bar, Inc. (BRCB) had a net profit margin of -0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Black Rock Coffee Bar, Inc.'s free cash flow?
Black Rock Coffee Bar, Inc. (BRCB) generated -$32.7M in free cash flow during fiscal year 2025. This represents a -268.6% 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 Black Rock Coffee Bar, Inc.'s operating cash flow?
Black Rock Coffee Bar, Inc. (BRCB) generated $2.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Black Rock Coffee Bar, Inc.'s total assets?
Black Rock Coffee Bar, Inc. (BRCB) had $336.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Black Rock Coffee Bar, Inc.'s capital expenditures?
Black Rock Coffee Bar, Inc. (BRCB) invested $34.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does Black Rock Coffee Bar, Inc. buy back shares?
Yes, Black Rock Coffee Bar, Inc. (BRCB) spent $3.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
What is Black Rock Coffee Bar, Inc.'s current ratio?
Black Rock Coffee Bar, Inc. (BRCB) had a current ratio of 1.04 as of fiscal year 2025, which is considered adequate.
What is Black Rock Coffee Bar, Inc.'s debt-to-equity ratio?
Black Rock Coffee Bar, Inc. (BRCB) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Black Rock Coffee Bar, Inc.'s return on assets (ROA)?
Black Rock Coffee Bar, Inc. (BRCB) had a return on assets of -0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Black Rock Coffee Bar, Inc.'s Altman Z-Score?
Black Rock Coffee Bar, Inc. (BRCB) has an Altman Z-Score of 1.37, 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 Black Rock Coffee Bar, Inc.'s Piotroski F-Score?
Black Rock Coffee Bar, Inc. (BRCB) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Black Rock Coffee Bar, Inc.'s earnings high quality?
Black Rock Coffee Bar, Inc. (BRCB) has an earnings quality ratio of -36.48x, considered mixed quality. 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 Black Rock Coffee Bar, Inc.?
Black Rock Coffee Bar, Inc. (BRCB) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.