Filing Flows › BRC (BRCC) › Q1 2026
BRC (BRCC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
BRC (BRCC) reported revenue of $109M for the first quarter 2026 (Q1 2026), +21% from a year earlier and -3% from the quarter before. Operating margin was 1.2%, net earnings $46K (0.0% of revenue).
BRC, Q1 2026: revenue $109M (+21% year over year), operating margin 1.2%, net earnings $46K, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | -3% | +21% |
| Gross profit | $36.1M | -0.2% | +11% |
| Operating profit | $1.3M | — | — |
| Net earnings | $46K | — | — |
| Operating cash flow | $6.8M | — | — |
| Free cash flow | $6.1M | — | — |
What changed
Revenue was $109.2M in Q1 2026, up 21% year over year and down 3% from the previous quarter.
Gross margin was 33.0%, down 3.1 points from Q1 2025. Operating profit was $1.3M, a 1.2% margin (up 7.2 points year over year). Operating expenses fell 8% while revenue rose 21%. Net earnings were −$15K. The effective tax rate was 41.8%.
Operating cash flow was $6.8M, 14704% of net income including minority interests. Non-cash charges added back $2.2M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $630K left free cash flow of $6.1M.
Questions
What was BRC's revenue in the first quarter 2026?
BRC (BRCC) reported revenue of $109M for the first quarter 2026 (Q1 2026), +21% from a year earlier and -3% from the quarter before.
Was BRC profitable in the first quarter 2026?
Operating profit was $1.3M (1.2% of revenue) and net earnings $46K.
Source: BRC 10-Q on SEC EDGAR.