BRC Inc. (BRCC) Financial Statements
Industry: Beverages
In fiscal 2025, BRC reported revenue of $398.3M, up 1.7% from $391.5M the year before. Net income was -$11.9M (a -3.0% net margin), or -$1.30 per diluted share. Gross margin was 34.6% and operating margin was -6.2%. Operating activities generated -$9.8M of cash, leaving -$13.5M of free cash flow. At fiscal year end, BRC held $209.2M in total assets against $141.2M in total liabilities, including $4.3M of cash and equivalents.
Open the full interactive BRC financials → Quarterly statements, key ratios, valuation history and price charts.
BRC Key Stats
| Share Price | $10.06 |
|---|---|
| Market Cap | $118.5M |
| Revenue YoY Growth | +1.7% |
| 52-Week Range | $6.25 – $17.80 |
| Shares Outstanding | 11.8 million (basic, 2026 Q2) |
BRC Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $233.1M | $301.3M | $395.6M | $391.5M | $398.3M |
| Cost of Goods Sold | $143.4M | $202.1M | $270.2M | $230.3M | $260.3M |
| Gross Profit | $89.7M | $99.2M | $125.4M | $161.2M | $137.9M |
| Operating Income | -$11.6M | -$67.8M | -$50.2M | $3.8M | -$24.6M |
| Pre-Tax Income | -$13.7M | -$337.7M | -$56.5M | -$7.5M | -$32.1M |
| Income Tax | $178,000 | $367,000 | $185,000 | $172,000 | $132,000 |
| Net Income | -$13.8M | -$82.9M | -$16.7M | -$3.0M | -$11.9M |
| Diluted EPS | — | -$16.20 | -$2.70 | -$0.40 | -$1.30 |
BRC Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $100.7M | $112.7M | $109.2M | $107.0M |
| Net Income | -$486,000 | -$3.2M | -$15,000 | -$103,000 |
| Diluted EPS | — | -$0.03 | — | — |
BRC Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $18.3M | $39.0M | $12.4M | $6.8M | $4.3M |
| Current Assets | $53.0M | $145.3M | $107.7M | $95.5M | $100.3M |
| Total Assets | $87.1M | $225.3M | $235.8M | $227.4M | $209.2M |
| Current Liabilities | $59.0M | $62.2M | $84.1M | $75.2M | $76.1M |
| Total Long-Term Debt | $34.7M | $49.2M | $71.0M | $65.1M | $34.7M |
| Total Liabilities | $82.3M | $129.4M | $189.3M | $177.9M | $141.2M |
| Shareholders' Equity | -$149.5M | $25.8M | $13.3M | $13.2M | $45.7M |
BRC Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$7.7M | -$116.2M | -$25.0M | $11.3M | -$9.8M |
| Cash From Investing | -$19.3M | -$30.4M | -$21.5M | -$7.7M | $1.4M |
| Cash From Financing | $9.7M | $167.2M | $21.4M | -$10.7M | $5.9M |
| Free Cash Flow | -$27.0M | -$146.6M | -$52.2M | $2.6M | -$13.5M |
| Dividends Paid | $7.0M | $0 | $0 | — | — |
Figures from BRC's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full BRC financials page for every line item.
BRC Company Profile
| Ticker | BRCC |
|---|---|
| Exchange | NYSE |
| Industry | Beverages |
| Headquarters | West Valley City, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001891101 |
Frequently Asked Questions
What was BRC's revenue in fiscal 2025?
BRC (BRCC) reported revenue of $398.3M for fiscal 2025.
What is BRC's annual revenue history?
BRC's annual revenue by fiscal year: 2021: $233.1M; 2022: $301.3M; 2023: $395.6M; 2024: $391.5M; 2025: $398.3M.
What was BRC's net income in fiscal 2025?
BRC reported net income of -$11.9M for fiscal 2025.
What was BRC's earnings per share (EPS) in fiscal 2025?
BRC's diluted EPS was -$1.30 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did BRC generate in fiscal 2025?
BRC generated -$13.5M of free cash flow in fiscal 2025.
What was BRC's revenue last quarter?
In its most recent reported quarter (2026 Q2), BRC reported revenue of $107.0M.
How much debt does BRC have?
BRC reported $34.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of BRC are outstanding?
BRC reported a weighted average of 11.8 million basic shares outstanding in 2026 Q2.
What is BRC's market cap?
Based on its latest closing price, BRC (BRCC) has a market capitalization of about $118.5M.
When does BRC's fiscal year end?
BRC's fiscal year end, as registered with the SEC, is December 31.
Where is BRC headquartered?
BRC lists its business address in West Valley City, Utah in its SEC filings.