Black Rock Coffee Bar, Inc. (BRCB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BRCB SEC filings page.
Black Rock Coffee Bar, Inc. (BRCB) reported $223.6M in revenue over the twelve months to Jun 30, 2026. This page shows its 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).
Growth absorbed by overhead and reinvestment is leaving near-break-even earnings with sharply weaker cash conversion.
The key operating shift is a margin disconnect: revenue increased24.5% in FY2025 while gross margin reached29.3% , so product-level profitability improved. Yet operating leverage reversed—operating margin fell to0.5% as SG&A reached$41.3M , indicating overhead grew faster than gross profit.
Cash conversion weakened materially: operating cash flow fell from
Equity moved from
Financial Health Signals
Scored against operating 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 Black Rock Coffee Bar, 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.
Black Rock Coffee Bar, Inc. has an operating margin of 0.4%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 41/100, indicating healthy but not exceptional operating efficiency. 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 84/100.
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 92/100, indicating a strong balance sheet with room for future borrowing.
Black Rock Coffee Bar, Inc.'s current ratio of 1.04 is below the typical benchmark, resulting in a score of 20/100. However, the company holds substantial cash reserves (74% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
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 11/100, reflecting heavy capital investment rather than weak cash generation.
Black Rock Coffee Bar, Inc. posts a -0.1% return on equity (ROE), meaning it loses less than $1 for every $100 of shareholders' equity. This results in a returns score of 37/100.
Black Rock Coffee Bar, Inc. scores 1.08, below the 1.81 distress threshold. 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.
Black Rock Coffee Bar, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Black Rock Coffee Bar, Inc. reported a net loss of $60K while generating $2.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Black Rock Coffee Bar, Inc. earns $0.10 in operating income for every $1 of interest expense ($901K vs $8.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Black Rock Coffee Bar, Inc. generated $63.0M in revenue in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 13.6%.
Black Rock Coffee Bar, Inc.'s EBITDA was $8.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.4% from the same quarter a year earlier. Against the prior quarter it is up 31.1%.
Black Rock Coffee Bar, Inc. reported $1.2M in net income in Q2 2026. Against the prior quarter it is up 222.2%.
Black Rock Coffee Bar, Inc. earned $0.06 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 200.0%.
Cash & Balance Sheet
Black Rock Coffee Bar, Inc. recorded an outflow of $4.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 28.5% from the same quarter a year earlier. Against the prior quarter it is up 51.7%.
Black Rock Coffee Bar, Inc. held $16.0M in cash against $29.4M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Black Rock Coffee Bar, Inc.'s gross margin was 30.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Black Rock Coffee Bar, Inc.'s operating margin was 6.5% in Q2 2026, reflecting core business profitability. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Black Rock Coffee Bar, Inc.'s net profit margin was 1.9% in Q2 2026, showing the share of revenue converted to profit. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Black Rock Coffee Bar, Inc.'s ROE was 2.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is up 1.4 percentage points.
Capital Allocation
Black Rock Coffee Bar, Inc. invested $16.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 98.8% from the same quarter a year earlier. Against the prior quarter it is up 4.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
BRCB 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.0M+25.0% | $55.5M+23.7% | $53.6M | $51.5M+24.2% | $50.4M | $44.8M | N/A | $41.5M |
| Cost of Revenue | $43.9M+23.8% | $39.0M+21.5% | $37.8M | $36.2M+21.6% | $35.5M | $32.1M | N/A | $29.7M |
| Gross Profit | $19.1M+28.0% | $16.5M+29.3% | $15.8M | $15.3M+30.5% | $14.9M | $12.7M | N/A | $11.7M |
| SG&A Expenses | $9.8M+24.7% | $9.2M+34.3% | $9.4M | $17.2M+250.6% | $7.9M | $6.9M | N/A | $4.9M |
| Operating Income | $4.1M+25.6% | $2.7M+18.9% | $1.8M | -$6.4M-304.2% | $3.3M | $2.3M | N/A | $3.1M |
| EBITDA | $8.0M+29.4% | $6.1M+19.4% | $5.1M | -$3.4M-159.5% | $6.2M | $5.1M | N/A | $5.7M |
| Interest Expense | $529K-81.3% | $525K-81.5% | $357K | $2.7M-9.9% | $2.8M | $2.8M | N/A | $2.9M |
| Income Tax | $101K-29.9% | $103K+32.1% | $222K | $31K-56.3% | $144K | $78K | N/A | $71K |
| Net Income | $1.2M | $378K | -$162K | -$712K+1.4% | $0 | $0 | N/A | -$722K |
| EPS (Basic) | $0.06 | $0.02 | $0.05 | -$0.05 | N/A | N/A | N/A | N/A |
| EPS (Diluted) | $0.06 | $0.02 | $0.05 | -$0.05 | N/A | N/A | N/A | N/A |
| Diluted Shares (Avg) | 21M | 18M | N/A | 15M | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
BRCB 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $392.4M | $347.2M | $336.4M+58.0% | $323.2M | N/A | N/A | $212.9M | N/A |
| Current Assets | $28.8M | $30.5M | $40.1M+106.3% | $44.1M | N/A | N/A | $19.4M | N/A |
| Cash & Equivalents | $16.0M+9.1% | $20.0M+19.5% | $28.4M+177.8% | $32.6M+153.8% | $14.6M | $16.8M | $10.2M | $12.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3.4M | $3.3M | $2.9M+41.0% | $2.8M | N/A | N/A | $2.1M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $9.4M | $9.4M | $9.4M0.0% | $9.4M | N/A | N/A | $9.4M | N/A |
| Total Liabilities | $282.8M | $239.8M | $231.7M-50.8% | $222.8M | N/A | N/A | $470.7M | N/A |
| Current Liabilities | $40.7M | $35.1M | $38.6M+15.8% | $32.1M | N/A | N/A | $33.3M | N/A |
| Non-Current Liabilities | $242.1M | $204.6M | $193.1M-55.8% | $190.8M | N/A | N/A | $437.4M | N/A |
| Long-Term Debt | $29.4M | $26.4M | $25.9M-71.0% | $17.6M | N/A | N/A | $89.3M | N/A |
| Total Equity | $54.6M | $47.3M | $45.7M+117.7% | $43.0M | N/A | N/A | -$257.8M | N/A |
| Retained Earnings | $1.5M | $318K | -$60K | -$712K | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Accounts Receivable.
BRCB 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.4M+148.6% | $6.8M+97.8% | $5.1M+22.7% | -$11.3M | $5.0M | $3.4M | $4.2M | N/A |
| Depreciation & Amortization | $3.9M+33.6% | $3.5M+19.8% | $3.3M+10.3% | $3.0M+19.6% | $2.9M | $2.9M | $3.0M | $2.5M |
| Stock-Based Compensation | $1.1M | $1.2M | N/A | $868K | $0 | $0 | N/A | $0 |
| Capital Expenditures | $16.9M+98.8% | $16.2M+149.0% | $12.0M+204.3% | $7.9M | $8.5M | $6.5M | $3.9M | N/A |
| Free Cash Flow | -$4.5M-28.5% | -$9.4M-206.1% | -$6.9M-3093.0% | -$19.2M | -$3.5M | -$3.1M | $229K | N/A |
| Investing Cash Flow | -$17.4M-102.0% | -$16.5M-152.4% | -$12.1M-183.6% | -$8.0M | -$8.6M | -$6.5M | -$4.3M | N/A |
| Financing Cash Flow | $921K-38.3% | $1.3M-86.0% | $2.8M+210.8% | $37.4M | $1.5M | $9.6M | -$2.5M | N/A |
| Share Buybacks | N/A | N/A | $0-100.0% | $0 | N/A | N/A | $2.3M | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
BRCB 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.3%+0.7pp | 29.7%+1.3pp | 29.4% | 29.7%+1.5pp | 29.6% | 28.4% | N/A | 28.2% |
| Operating Margin | 6.5%0.0pp | 4.8%-0.2pp | 3.3% | -12.4%-20.0pp | 6.5% | 5.0% | N/A | 7.6% |
| Net Margin | 1.9%+1.9pp | 0.7%+0.7pp | -0.3% | -1.4%+0.4pp | 0.0% | 0.0% | N/A | -1.7% |
| Return on Equity | 2.2% | 0.8% | -0.4% | -1.7% | N/A | N/A | N/A | N/A |
| Return on Assets | 0.3% | 0.1% | -0.1% | -0.2% | N/A | N/A | N/A | N/A |
| Current Ratio | 0.71 | 0.87 | 1.04+0.5x | 1.37 | N/A | N/A | 0.58 | N/A |
| Debt-to-Equity | 0.54 | 0.56 | 0.57 | 0.41 | N/A | N/A | N/A | N/A |
| Asset Turnover | 0.16 | 0.16 | 0.16 | 0.16 | N/A | N/A | N/A | N/A |
| FCF Margin | -7.2%-0.2pp | -17.0%-10.1pp | -12.8% | -37.4% | -7.0% | -6.9% | N/A | N/A |
Where Black Rock Coffee Bar, Inc. Ranks
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 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 return on equity (ROE)?
Black Rock Coffee Bar, Inc. (BRCB) has a return on equity of -0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Black Rock Coffee Bar, Inc.'s free cash flow?
Black Rock Coffee Bar, Inc. (BRCB) recorded an outflow of $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.
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 P/E ratio?
Black Rock Coffee Bar, Inc. (BRCB) trades at 251x earnings, its market capitalization divided by net income of $722K net income, trailing 12 months to June 30, 2026. The market capitalization is $181.2M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Black Rock Coffee Bar, Inc.'s price-to-sales ratio?
Black Rock Coffee Bar, Inc. (BRCB) trades at 0.8x sales, its market capitalization divided by revenue of $223.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $181.2M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Black Rock Coffee Bar, Inc.'s Altman Z-Score?
Black Rock Coffee Bar, Inc. (BRCB) has an Altman Z-Score of 1.08, 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Black Rock Coffee Bar, Inc.'s earnings high quality?
Black Rock Coffee Bar, Inc. (BRCB) reported a net loss of $60K while generating $2.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.
Can Black Rock Coffee Bar, Inc. cover its interest payments?
Black Rock Coffee Bar, Inc. (BRCB) has an interest coverage ratio of 0.10x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. 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 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), 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.