Welcome to our dedicated page for Brilliant Earth Group SEC filings (Ticker: BRLT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Brilliant Earth Group, Inc. filings document the public-company record for an emerging growth fine jewelry retailer. Form 8-K reports furnish quarterly and annual operating results, financial-condition updates, guidance-related exhibits, and material events involving credit arrangements, board composition, and committee assignments.
Proxy materials describe annual meeting procedures, board elections, auditor ratification, stockholder voting matters, and the company's multi-class common stock structure, including different voting rights for Class A, Class B, and Class C shares. The filings also identify governance practices, exhibit records, and capital-structure matters tied to Brilliant Earth's retail sale of diamonds, gemstones, and jewelry.
Brilliant Earth Group, Inc. Chief Operations Officer Sharon Dziesietnik reported an open-market sale of 10,124 shares of Class A common stock at a weighted average price of $1.15 per share. The shares were sold to cover estimated tax obligations tied to vesting of restricted stock units under a pre-arranged Rule 10b5-1 trading plan. After the sale, she directly holds 542,572 shares.
BRLT submitted a Rule 144 notice to sell 10,124 shares of common stock tied to a stock award dated 05/15/2026. The filing also records that 19,687 shares were sold on 02/18/2026 by Sharon Dziesietnik.
Brilliant Earth Group, Inc. reported modest sales growth but sharply higher losses for the quarter. Net sales for the three months ended March 31, 2026 rose 6.0% to $99.5 million, driven by a 3.3% increase in average order value to $2,131 and 2.5% higher order volumes. Higher gold and platinum costs pushed cost of sales up 17.0%, reducing gross margin from 58.6% to 54.3% and slightly lowering gross profit to $54.1 million.
Operating expenses increased 7.5% to $62.9 million, mainly from higher employment costs, marketing spend and general and administrative items, leading to a loss from operations of $8.9 million versus $3.5 million a year earlier. Net loss widened to $8.5 million, and net loss margin deteriorated to 8.5%. Adjusted EBITDA turned to a loss of $4.7 million from a $1.1 million profit, reflecting margin compression and higher overhead.
Cash used in operating activities increased to $18.8 million, compared with $7.1 million in the prior-year period, largely due to the larger net loss and working capital movements. Cash, cash equivalents and restricted cash fell to $58.7 million from $79.4 million at the beginning of the quarter, but the company carries no term-loan debt after prepaying its SVB facility in 2025. Management continues to emphasize its asset-light, omnichannel model and growth investments in showrooms, technology and marketing while acknowledging macroeconomic headwinds and higher precious metal costs.
Brilliant Earth Group, Inc. reported first quarter 2026 results with Net Sales of $99.5 million, up 6.0% year over year and at the high end of its guidance range. Total orders rose 2.5% to 46,692 and average order value increased 3.3% to $2,131, reflecting higher average selling prices across the assortment.
Fine jewelry bookings grew 33% year over year, supporting the company’s strategy to diversify beyond bridal, and it opened its first flagship showroom in Beverly Hills. Profitability declined, with Gross Margin falling to 54.3% from 58.6%, Net loss widening to $8.5 million from $3.3 million, and Adjusted EBITDA moving to a loss of $4.7 million from a profit of $1.1 million.
For the second quarter 2026, Brilliant Earth expects positive low-single-digit percentage Net Sales growth year over year and Adjusted EBITDA between $0.5 million and $2 million. For full year 2026, it guides to positive mid-single-digit Net Sales growth and profitable Adjusted EBITDA that is slightly lower than 2025, assuming metal prices as of May 5, 2026.
Brilliant Earth Group, Inc. is asking stockholders to vote at a virtual 2026 Annual Meeting on June 17, 2026 at 9:00 a.m. Pacific Time. Investors will elect three Class II directors—Eric Grossberg, Attica A. Jaques and Gavin M. Turner—to terms ending at the 2029 meeting and ratify BDO USA, P.C. as auditor for 2026.
The proxy describes a multi-class share structure where, as of April 22, 2026, Class A, B and C common stock represented 3.0%, 6.6% and 90.4% of voting power. It outlines a “controlled company” Stockholders Agreement giving Mainsail and Just Rocks board designation rights. Executive pay for 2025 includes base salaries of $600,000 for both the CEO and Executive Chairman and $490,000 annualized for the CFO, with bonuses tied to a 2025 bonus plan.
The CEO’s 2025 compensation totaled $1,000,600 including a $386,600 bonus. The CFO received $975,952, including $263,300 in bonus and new restricted stock units. Audit fees paid to BDO USA, P.C. for 2025 were $895,091. The proxy also details board committee structures, corporate governance policies, and an SEC-compliant clawback policy for executive incentive pay.
Brilliant Earth Group, Inc. announced that director Ian M. Bickley has resigned from its Board of Directors, effective March 31, 2026. He is also stepping down from the Audit Committee and the Nominating and Corporate Governance Committee.
Mr. Bickley informed the company that he is resigning due to changes in his other professional commitments, and that his decision is not based on any disagreement with the company, its management, operations, policies, or practices. His resignation letter is included as an exhibit.
The Board plans to reduce its size to six directors and intends to appoint current director Beth Kaplan to the Audit Committee, also effective March 31, 2026. The company notes that these Board and committee changes involve forward-looking statements and may be subject to change.
Brilliant Earth Group, Inc. is a digitally native, mission-driven fine jewelry retailer focused on ethically sourced diamonds and precious metals, selling through an omnichannel model with 42 U.S. showrooms and a mobile-first e‑commerce platform.
For the year ended December 31, 2025, net sales were $437.5 million, up from $422.2 million in 2024, while results swung to a net loss of $6.4 million versus net income of $4.0 million, with a net loss margin of 1.5% compared to a 0.9% net income margin.
The company emphasizes proprietary designs, blockchain‑verified and repurposed materials, and data-driven marketing and merchandising. Key risks include volatile diamond and metal prices, macroeconomic pressure on discretionary spending, supply chain constraints, the costs and execution risks of showroom expansion, and intense industry competition.
Kuo Jeffrey Chuenhong reported acquisition or exercise transactions in this Form 4 filing.
Brilliant Earth Group, Inc. reported that Chief Financial Officer Jeffrey Chuenhong Kuo received a grant of 112,582 shares of Class A common stock in the form of restricted stock units under the company’s 2021 Incentive Award Plan. These units carry no purchase price and represent equity-based compensation rather than an open-market share purchase. Following this award, Kuo directly holds 683,130 shares of Class A common stock. The grant will vest as to 25% of the restricted stock units on February 15, 2026, with the remaining units vesting in equal 1/16th installments on each quarterly anniversary thereafter, as long as he continues to provide services to the company or its subsidiaries through each vesting date.