BRC Inc.
BRCC · Beverages · 114.3M shares · +6%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $13M (gross $20M, SBC $7M)
Grade
D50Scaled veteran-branded coffee/energy company with flat sales but margin compression and a widening loss.
Strengths
- $398M revenue with a recognizable brand and growing Wholesale/FDM distribution ($258M)
- Interest expense down 34%; debt reduced over the year
Risks
- Gross margin fell to 35% from 41% on coffee/tariff/freight inflation; net loss widened to -$32M
- Cash runway ~1.3 quarters, negative FCF (-$13.5M), ROE -26%; DTC channel declining
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -3.0%)
- Cash burnNegative free cash flow (-13.5M)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
34.6%
Operating margin
-6.2%
Net margin
-3.0%
Return on equity
-26.1%
Return on assets
-5.7%
ROIC
-24.9%
Revenue growth (QoQ)
-3.1%
Debt / equity
0.7×
Current ratio
1.3×
Free cash flow
-$13M
EBITDA
-$12M
Tangible book value
$45M
Cash & investments
$4M
Cash runway
1q
Stock comp / revenue
2.6%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-02 | Shareholder voteReg FDExhibits | filing ↗ |
| 2026-05-04 | ResultsExhibits | filing ↗ |
| 2026-03-23 | Reg FD | filing ↗ |
| 2026-03-02 | Exhibits | filing ↗ |
| 2026-02-23 | Exec/director changeExhibits | filing ↗ |
| 2026-02-23 | Exec/director changeExhibits | filing ↗ |
| 2026-02-13 | Delisting noticeReg FDExhibits | filing ↗ |
| 2026-01-13 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-02 | 2026-05-28 | 0001891101-26-000032 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001891101-26-000027 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0001891101-26-000028 ↗ |
| 8-K | 2026-03-23 | 2026-03-22 | 0001140361-26-010623 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0001891101-26-000022 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001891101-26-000021 ↗ |
| 8-K/A | 2026-02-23 | 2025-09-15 | 0001891101-26-000014 ↗ |
| 8-K/A | 2026-02-23 | 2025-04-11 | 0001891101-26-000013 ↗ |
| 8-K | 2026-02-13 | 2026-02-11 | 0001891101-26-000005 ↗ |
| 8-K | 2026-01-13 | 2026-01-13 | 0001891101-26-000002 ↗ |
| 8-K | 2025-11-13 | 2025-11-13 | 0001891101-25-000037 ↗ |
| 10-Q | 2025-11-03 | 2025-09-30 | 0001891101-25-000033 ↗ |