BRC INC Financials
BRC INC (BRCC) reported $398.3M in revenue for fiscal year 2025, up 1.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Profitability here is driven more by gross-margin swings and working-capital demands than by top-line growth near $400M .
With revenue essentially flat from FY2023 to FY2025 around$400M , the swing from a brief FY2024 operating profit back to a FY2025 operating loss shows earnings are being set by margin shape, not by sales growth. Deleveraging improved solvency, but cash ended FY2025 at only$4.3M , so the company repaired leverage faster than it rebuilt liquidity.
The FY2024 improvement looked operational rather than volume-led: gross margin expanded to
Liquidity looks better on the surface with a current ratio of 1.3x, but most current assets are tied up in inventory and receivables rather than cash. In FY2025 those two items totaled about
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 BRC 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.
BRC INC has an operating margin of -6.2%, meaning the company loses $6 on every $100 of revenue. This results in a profitability score of 31/100. This is down from 1.0% the prior year.
BRC INC's revenue grew a modest 1.7% year-over-year to $398.3M. This slow but positive growth earns a score of 33/100.
BRC INC has a moderate D/E ratio of 0.71. This balance of debt and equity financing earns a leverage score of 53/100.
BRC INC's current ratio of 1.32 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
BRC INC's operations used $9.8M of cash, and capex of $3.7M added to the outflow, for a free cash flow shortfall of $13.5M. This results in a cash flow score of 21/100.
BRC INC posts a -26.1% return on equity (ROE), meaning it loses $26 for every $100 of shareholders' equity. This results in a returns score of 26/100. This is down from -22.4% the prior year.
BRC INC scores 0.84, 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.
BRC INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
BRC INC reported a net loss of $11.9M while operations used $9.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
BRC INC reported an operating loss of $24.6M against $7.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
BRC INC generated $398.3M in revenue in fiscal year 2025. This represents an increase of 1.7% from the prior year.
BRC INC's EBITDA was -$12.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 189.2% from the prior year.
BRC INC reported -$11.9M in net income in fiscal year 2025. This represents a decrease of 303.6% from the prior year.
BRC INC earned -$0.13 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 225.0% from the prior year.
Cash & Balance Sheet
BRC INC recorded an outflow of $13.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 609.8% from the prior year.
BRC INC held $4.3M in cash against $32.3M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
BRC INC's gross margin was 34.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 6.5 percentage points from the prior year.
BRC INC's operating margin was -6.2% in fiscal year 2025, reflecting core business profitability. This is down 7.2 percentage points from the prior year.
BRC INC's net profit margin was -3.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.2 percentage points from the prior year.
BRC INC's ROE was -26.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.7 percentage points from the prior year.
Capital Allocation
BRC INC invested $3.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 57.8% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
BRCC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $429.7M | $398.3M+1.7% | $391.5M-1.0% | $395.6M+31.3% | $301.3M+29.3% | $233.1M+42.2% | $163.9M+99.6% | $82.1M |
| Cost of Revenue | $283.8M | $260.3M+13.0% | $230.3M-14.8% | $270.2M+33.7% | $202.1M+40.9% | $143.4M+51.8% | $94.5M+103.6% | $46.4M |
| Gross Profit | $145.9M | $137.9M-14.4% | $161.2M+28.5% | $125.4M+26.5% | $99.2M+10.6% | $89.7M+29.2% | $69.4M+94.4% | $35.7M |
| SG&A Expenses | $48.0M | $54.7M+7.7% | $50.8M-29.0% | $71.6M+11.1% | $64.5M+146.5% | $26.2M+87.9% | $13.9M+6.0% | $13.1M |
| Operating Income | -$4.1M | -$24.6M-739.2% | $3.8M+107.7% | -$50.2M+25.9% | -$67.8M-485.2% | -$11.6M-300.3% | $5.8M+5082.8% | -$116K |
| Interest Expense | $5.8M | $7.5M-33.7% | $11.3M+78.9% | $6.3M+297.4% | $1.6M-21.6% | $2.0M+94.2% | $1.0M+42.8% | $733K |
| Income Tax | $110K | $132K-23.3% | $172K-7.0% | $185K-49.6% | $367K+106.2% | $178K-3.8% | $185K+1221.4% | $14K |
| Net Income | -$3.8M | -$11.9M-303.6% | -$3.0M+82.4% | -$16.7M+79.8% | -$82.9M-498.8% | -$13.8M-420.4% | $4.3M+659.7% | -$772K |
| EPS (Diluted) | — | -$0.13-225.0% | -$0.04+85.2% | -$0.27+83.3% | -$1.62 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BRCC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $209.2M-8.0% | $227.4M-3.6% | $235.8M+4.6% | $225.3M+158.8% | $87.1M+20.0% | $72.5M | N/A |
| Current Assets | $100.3M+5.1% | $95.5M-11.4% | $107.7M-25.8% | $145.3M+174.0% | $53.0M-7.1% | $57.1M | N/A |
| Cash & Equivalents | $4.3M-36.4% | $6.8M-45.3% | $12.4M-68.1% | $39.0M+112.7% | $18.3M-48.0% | $35.2M | N/A |
| Inventory | $49.7M+16.5% | $42.6M-24.5% | $56.5M-26.8% | $77.2M+269.8% | $20.9M+30.1% | $16.0M | N/A |
| Accounts Receivable | $35.1M+4.3% | $33.6M+33.3% | $25.2M+12.8% | $22.3M+200.1% | $7.4M+105.1% | $3.6M | N/A |
| Total Liabilities | $141.2M-20.6% | $177.9M-6.0% | $189.3M-5.1% | $199.5M-15.7% | $236.6M+34.9% | $175.4M | N/A |
| Current Liabilities | $76.1M+1.2% | $75.2M-10.6% | $84.1M+35.2% | $62.2M+5.4% | $59.0M+76.0% | $33.5M | N/A |
| Long-Term Debt | $32.3M-48.7% | $63.0M-8.2% | $68.7M+46.1% | $47.0M+107.0% | $22.7M+86.6% | $12.2M | N/A |
| Total Equity | $45.7M+246.5% | $13.2M-0.7% | $13.3M-48.6% | $25.8M+117.3% | -$149.5M-45.3% | -$102.9M-8136.8% | -$1.2M |
| Retained Earnings | -$135.3M-9.7% | -$123.4M-2.5% | -$120.5M-16.1% | -$103.7M-418.8% | -$20.0M | N/A | N/A |
Not reported in any period shown, so not listed: Goodwill.
BRCC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.3M | -$9.8M-186.8% | $11.3M+145.3% | -$25.0M+78.5% | -$116.2M-1410.7% | -$7.7M-166.6% | $11.5M+178.6% | $4.1M |
| Capital Expenditures | $2.6M | $3.7M-57.8% | $8.7M-68.2% | $27.2M-10.5% | $30.4M+57.6% | $19.3M+97.6% | $9.8M+835.8% | $1.0M |
| Free Cash Flow | $7.7M | -$13.5M-609.8% | $2.6M+105.1% | -$52.2M+64.4% | -$146.6M-443.4% | -$27.0M-1610.5% | $1.8M-42.4% | $3.1M |
| Investing Cash Flow | $2.5M | $1.4M+118.4% | -$7.7M+64.1% | -$21.5M+29.3% | -$30.4M-57.6% | -$19.3M-97.6% | -$9.8M-782.5% | -$1.1M |
| Financing Cash Flow | -$5.1M | $5.9M+155.3% | -$10.7M-150.0% | $21.4M-87.2% | $167.3M+1627.8% | $9.7M-66.4% | $28.8M+1430.1% | -$2.2M |
| Dividends Paid | N/A | N/A | N/A | $0 | $0-100.0% | $7.0M | $0 | N/A |
| Share Buybacks | N/A | N/A | $0 | $0-100.0% | $20.1M | $0 | $0 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BRCC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 34.6%-6.5pp | 41.2%+9.5pp | 31.7%-1.2pp | 32.9%-5.6pp | 38.5%-3.9pp | 42.4%-1.1pp | 43.5% |
| Operating Margin | -6.2%-7.2pp | 1.0%+13.7pp | -12.7%+9.8pp | -22.5%-17.5pp | -5.0%-8.5pp | 3.5%+3.7pp | -0.1% |
| Net Margin | -3.0%-2.2pp | -0.8%+3.5pp | -4.2%+23.3pp | -27.5%-21.6pp | -5.9%-8.6pp | 2.6%+3.6pp | -0.9% |
| Return on Equity | -26.1%-3.7pp | -22.4%+103.8pp | -126.2%+195.2pp | -321.4% | N/A | N/A | N/A |
| Return on Assets | -5.7%-4.4pp | -1.3%+5.8pp | -7.1%+29.7pp | -36.8%-20.9pp | -15.9%-21.9pp | 6.0% | N/A |
| Current Ratio | 1.320.0x | 1.270.0x | 1.28-1.1x | 2.34+1.4x | 0.90-0.8x | 1.70 | N/A |
| Debt-to-Equity | 0.71-4.1x | 4.78-0.4x | 5.18+3.4x | 1.82 | N/A | N/A | N/A |
| FCF Margin | -3.4%-4.0pp | 0.7%+13.9pp | -13.2%+35.5pp | -48.6%-37.1pp | -11.6%-12.7pp | 1.1%-2.7pp | 3.8% |
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Where BRC INC Ranks
Frequently Asked Questions
What is BRC INC's annual revenue?
BRC INC (BRCC) reported $398.3M in total revenue for fiscal year 2025. This represents a 1.7% 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 BRC INC's revenue growing?
BRC INC (BRCC) revenue grew by 1.7% year-over-year, from $391.5M to $398.3M in fiscal year 2025.
Is BRC INC profitable?
No, BRC INC (BRCC) reported a net income of -$11.9M in fiscal year 2025, with a net profit margin of -3.0%.
What is BRC INC's EBITDA?
BRC INC (BRCC) had EBITDA of -$12.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does BRC INC have?
As of fiscal year 2025, BRC INC (BRCC) had $4.3M in cash and equivalents against $32.3M in long-term debt.
What is BRC INC's gross margin?
BRC INC (BRCC) had a gross margin of 34.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BRC INC's operating margin?
BRC INC (BRCC) had an operating margin of -6.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is BRC INC's net profit margin?
BRC INC (BRCC) had a net profit margin of -3.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is BRC INC's return on equity (ROE)?
BRC INC (BRCC) has a return on equity of -26.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BRC INC's free cash flow?
BRC INC (BRCC) recorded an outflow of $13.5M in free cash flow during fiscal year 2025. This represents a -609.8% 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 BRC INC's operating cash flow?
BRC INC (BRCC) recorded an outflow of $9.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are BRC INC's total assets?
BRC INC (BRCC) had $209.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are BRC INC's capital expenditures?
BRC INC (BRCC) invested $3.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is BRC INC's current ratio?
BRC INC (BRCC) had a current ratio of 1.32 as of fiscal year 2025, which is considered adequate.
What is BRC INC's debt-to-equity ratio?
BRC INC (BRCC) had a debt-to-equity ratio of 0.71 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BRC INC's return on assets (ROA)?
BRC INC (BRCC) had a return on assets of -5.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BRC INC's cash runway?
Based on fiscal year 2025 data, BRC INC (BRCC) had $4.3M in cash against an annual operating cash burn of $9.8M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is BRC INC's Altman Z-Score?
BRC INC (BRCC) has an Altman Z-Score of 0.84, 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 BRC INC's Piotroski F-Score?
BRC INC (BRCC) has a Piotroski F-Score of 4 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 BRC INC's earnings high quality?
BRC INC (BRCC) reported a net loss of $11.9M while operations used $9.8M 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.
Can BRC INC cover its interest payments?
BRC INC (BRCC) reported an operating loss of $24.6M against $7.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 BRC INC?
BRC INC (BRCC) scores 33 out of 100 on our Financial Health Score, indicating weak 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.