This page shows Brilliant Earth Group, Inc. (BRLT) financial statements, including the 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Brilliant Earth Group, Inc. has an operating margin of -1.2%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 19/100, suggesting thin profitability after operating expenses. This is down from 0.8% the prior year.
Brilliant Earth Group, Inc.'s revenue grew a modest 3.6% year-over-year to $437.5M. This slow but positive growth earns a score of 39/100.
Brilliant Earth Group, Inc. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Brilliant Earth Group, Inc.'s current ratio of 1.61 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 28/100, which could limit financial flexibility.
Brilliant Earth Group, Inc.'s free cash flow margin of 1.3% results in a low score of 28/100. Capital expenditures of $4.0M absorb a large share of operating cash flow.
Brilliant Earth Group, Inc. generates a -29.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 3.5% the prior year.
Brilliant Earth Group, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Brilliant Earth Group, Inc. generates $-2.67 in operating cash flow ($9.7M OCF vs -$3.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Brilliant Earth Group, Inc. earns $-2.4 in operating income for every $1 of interest expense (-$5.4M vs $2.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Brilliant Earth Group, Inc. generated $437.5M in revenue in fiscal year 2025. This represents an increase of 3.6% from the prior year.
Brilliant Earth Group, Inc.'s EBITDA was $733K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 91.5% from the prior year.
Brilliant Earth Group, Inc. reported -$3.6M in net income in fiscal year 2025. This represents a decrease of 771.9% from the prior year.
Brilliant Earth Group, Inc. earned $-0.25 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 933.3% from the prior year.
Cash & Balance Sheet
Brilliant Earth Group, Inc. generated $5.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 54.7% from the prior year.
Brilliant Earth Group, Inc. held $79.1M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Brilliant Earth Group, Inc.'s gross margin was 57.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.8 percentage points from the prior year.
Brilliant Earth Group, Inc.'s operating margin was -1.2% in fiscal year 2025, reflecting core business profitability. This is down 2.0 percentage points from the prior year.
Brilliant Earth Group, Inc.'s net profit margin was -0.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.0 percentage points from the prior year.
Brilliant Earth Group, Inc.'s ROE was -29.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 33.1 percentage points from the prior year.
Capital Allocation
Brilliant Earth Group, Inc. spent $456K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 28.5% from the prior year.
Brilliant Earth Group, Inc. invested $4.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 19.2% from the prior year.
BRLT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $124.4M+12.8% | $110.3M+1.2% | $108.9M+16.0% | $93.9M-21.5% | $119.5M+19.7% | $99.9M-5.3% | $105.4M+8.3% | $97.3M |
| Cost of Revenue | $54.9M+17.3% | $46.8M+3.0% | $45.4M+17.0% | $38.8M-19.5% | $48.3M+23.5% | $39.1M-5.4% | $41.3M+5.9% | $39.0M |
| Gross Profit | $69.5M+9.5% | $63.5M-0.1% | $63.5M+15.4% | $55.0M-22.7% | $71.2M+17.2% | $60.8M-5.2% | $64.1M+9.9% | $58.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $38.9M+2.6% | $37.9M-1.3% | $38.4M+8.0% | $35.6M+190.1% | -$39.5M-163.9% | $61.8M-1.8% | $62.9M+9.6% | $57.4M |
| Operating Income | -$20K+96.8% | -$620K+48.9% | -$1.2M+65.6% | -$3.5M-246.2% | $2.4M+325.4% | -$1.1M-194.4% | $1.1M+29.1% | $877K |
| Interest Expense | $0-100.0% | $272K-69.6% | $895K-19.7% | $1.1M-7.4% | $1.2M-8.8% | $1.3M+2.1% | $1.3M+6.5% | $1.2M |
| Income Tax | $9.6M+21684.1% | $44K-69.2% | $143K+209.2% | -$131K-111.3% | -$62K-129.4% | $211K+440.3% | -$62K-184.9% | $73K |
| Net Income | -$2.9M-2606.5% | -$107K+35.5% | -$166K+64.4% | -$466K-230.2% | $358K+353.9% | -$141K-176.2% | $185K+33.1% | $139K |
| EPS (Diluted) | N/A | $-0.010.0% | $-0.01+66.7% | $-0.03 | N/A | $-0.01-200.0% | $0.010.0% | $0.01 |
BRLT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $200.9M-1.0% | $203.0M-22.2% | $260.9M-3.3% | $269.6M-4.1% | $281.2M+2.9% | $273.2M+0.3% | $272.5M+1.6% | $268.2M |
| Current Assets | $144.7M+6.7% | $135.7M-29.1% | $191.2M-3.4% | $198.0M-6.4% | $211.4M+4.3% | $202.7M+0.6% | $201.5M+1.9% | $197.8M |
| Cash & Equivalents | $79.1M+7.7% | $73.4M-45.0% | $133.6M-9.3% | $147.3M-9.0% | $161.9M+6.1% | $152.7M+0.3% | $152.2M+3.2% | $147.5M |
| Inventory | $53.2M+8.4% | $49.1M+3.8% | $47.3M+18.8% | $39.8M+4.1% | $38.3M-0.6% | $38.5M+0.6% | $38.3M-1.6% | $38.9M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $188.6M-1.2% | $191.0M-22.2% | $245.6M-3.6% | $254.7M-4.2% | $265.9M+2.8% | $258.8M+0.1% | $258.4M+1.4% | $254.9M |
| Current Liabilities | $90.1M+8.7% | $82.9M-28.1% | $115.3M+32.2% | $87.2M+11.5% | $78.2M+7.9% | $72.4M+3.5% | $69.9M+1.8% | $68.7M |
| Long-Term Debt | $0 | $0 | $0-100.0% | $34.5M-31.0% | $50.0M-3.1% | $51.6M-3.0% | $53.2M-2.2% | $54.3M |
| Total Equity | $12.3M+2.7% | $12.0M-21.6% | $15.3M+2.4% | $14.9M-2.6% | $15.3M+5.9% | $14.5M+2.9% | $14.1M+6.0% | $13.3M |
| Retained Earnings | -$2.6M-1131.3% | $256K-93.8% | $4.2M-3.8% | $4.3M-9.7% | $4.8M+8.1% | $4.4M-3.1% | $4.6M+4.2% | $4.4M |
BRLT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.2M+1078.8% | $608K-93.3% | $9.1M+227.3% | -$7.1M-150.6% | $14.1M+609.9% | $2.0M-72.8% | $7.3M+226.2% | -$5.8M |
| Capital Expenditures | $1.5M+141.1% | $611K-47.1% | $1.2M+58.9% | $727K-66.6% | $2.2M+66.1% | $1.3M+53.0% | $857K+52.5% | $562K |
| Free Cash Flow | $5.7M+189900.0% | -$3K-100.0% | $7.9M+200.8% | -$7.9M-165.9% | $11.9M+1667.7% | $674K-89.6% | $6.5M+201.6% | -$6.4M |
| Investing Cash Flow | -$1.5M-141.1% | -$611K+47.1% | -$1.2M-58.9% | -$727K+66.6% | -$2.2M-66.1% | -$1.3M-53.0% | -$857K-52.5% | -$562K |
| Financing Cash Flow | -$32K+99.9% | -$60.1M-177.6% | -$21.6M-221.4% | -$6.7M-154.9% | -$2.6M-1053.3% | -$229K+86.5% | -$1.7M+15.2% | -$2.0M |
| Dividends Paid | $0-100.0% | $3.8M | N/A | N/A | $0 | N/A | N/A | N/A |
| Share Buybacks | $0-100.0% | $96K-51.3% | $197K+20.9% | $163K-18.5% | $200K+11.7% | $179K+12.6% | $159K+59.0% | $100K |
BRLT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.9%-1.7pp | 57.6%-0.7pp | 58.3%-0.3pp | 58.6%-1.0pp | 59.6%-1.2pp | 60.9%+0.1pp | 60.8%+0.9pp | 59.9% |
| Operating Margin | -0.0%+0.5pp | -0.6%+0.6pp | -1.1%+2.6pp | -3.8%-5.8pp | 2.0%+3.1pp | -1.1%-2.1pp | 1.1%+0.2pp | 0.9% |
| Net Margin | -2.3%-2.2pp | -0.1%+0.1pp | -0.1%+0.4pp | -0.5%-0.8pp | 0.3%+0.4pp | -0.1%-0.3pp | 0.2%+0.0pp | 0.1% |
| Return on Equity | -23.5%-22.7pp | -0.9%+0.2pp | -1.1%+2.0pp | -3.1%-5.5pp | 2.3%+3.3pp | -1.0%-2.3pp | 1.3%+0.3pp | 1.1% |
| Return on Assets | -1.4%-1.4pp | -0.1%0.0pp | -0.1%+0.1pp | -0.2%-0.3pp | 0.1%+0.2pp | -0.1%-0.1pp | 0.1%+0.0pp | 0.1% |
| Current Ratio | 1.61-0.0 | 1.64-0.0 | 1.66-0.6 | 2.27-0.4 | 2.70-0.1 | 2.80-0.1 | 2.880.0 | 2.88 |
| Debt-to-Equity | 0.000.0 | 0.000.0 | 0.00-2.3 | 2.31-0.9 | 3.26-0.3 | 3.57-0.2 | 3.78-0.3 | 4.09 |
| FCF Margin | 4.6%+4.6pp | 0.0%-7.3pp | 7.3%+15.6pp | -8.4%-18.3pp | 10.0%+9.3pp | 0.7%-5.5pp | 6.1%+12.7pp | -6.5% |
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Frequently Asked Questions
What is Brilliant Earth Group, Inc.'s annual revenue?
Brilliant Earth Group, Inc. (BRLT) reported $437.5M in total revenue for fiscal year 2025. This represents a 3.6% 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 Brilliant Earth Group, Inc.'s revenue growing?
Brilliant Earth Group, Inc. (BRLT) revenue grew by 3.6% year-over-year, from $422.2M to $437.5M in fiscal year 2025.
Is Brilliant Earth Group, Inc. profitable?
No, Brilliant Earth Group, Inc. (BRLT) reported a net income of -$3.6M in fiscal year 2025, with a net profit margin of -0.8%.
What is Brilliant Earth Group, Inc.'s EBITDA?
Brilliant Earth Group, Inc. (BRLT) had EBITDA of $733K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Brilliant Earth Group, Inc. have?
As of fiscal year 2025, Brilliant Earth Group, Inc. (BRLT) had $79.1M in cash and equivalents against $0 in long-term debt.
What is Brilliant Earth Group, Inc.'s gross margin?
Brilliant Earth Group, Inc. (BRLT) had a gross margin of 57.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Brilliant Earth Group, Inc.'s operating margin?
Brilliant Earth Group, Inc. (BRLT) had an operating margin of -1.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Brilliant Earth Group, Inc.'s net profit margin?
Brilliant Earth Group, Inc. (BRLT) had a net profit margin of -0.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Brilliant Earth Group, Inc.'s return on equity (ROE)?
Brilliant Earth Group, Inc. (BRLT) has a return on equity of -29.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Brilliant Earth Group, Inc.'s free cash flow?
Brilliant Earth Group, Inc. (BRLT) generated $5.8M in free cash flow during fiscal year 2025. This represents a -54.7% 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 Brilliant Earth Group, Inc.'s operating cash flow?
Brilliant Earth Group, Inc. (BRLT) generated $9.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Brilliant Earth Group, Inc.'s total assets?
Brilliant Earth Group, Inc. (BRLT) had $200.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Brilliant Earth Group, Inc.'s capital expenditures?
Brilliant Earth Group, Inc. (BRLT) invested $4.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Brilliant Earth Group, Inc.'s current ratio?
Brilliant Earth Group, Inc. (BRLT) had a current ratio of 1.61 as of fiscal year 2025, which is generally considered healthy.
What is Brilliant Earth Group, Inc.'s debt-to-equity ratio?
Brilliant Earth Group, Inc. (BRLT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brilliant Earth Group, Inc.'s return on assets (ROA)?
Brilliant Earth Group, Inc. (BRLT) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Brilliant Earth Group, Inc.'s Piotroski F-Score?
Brilliant Earth Group, Inc. (BRLT) has a Piotroski F-Score of 4 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 Brilliant Earth Group, Inc.'s earnings high quality?
Brilliant Earth Group, Inc. (BRLT) has an earnings quality ratio of -2.67x, 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.
Can Brilliant Earth Group, Inc. cover its interest payments?
Brilliant Earth Group, Inc. (BRLT) has an interest coverage ratio of -2.4x, 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 Brilliant Earth Group, Inc.?
Brilliant Earth Group, Inc. (BRLT) scores 36 out of 100 on our Financial Profile, indicating weak 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.