Filing Flows › BRC (BRCC) › Q2 2025
BRC (BRCC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
BRC (BRCC) reported revenue of $94.8M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +5% from the quarter before. Operating margin was -13.3%, net loss $14.5M (15.3% of revenue).
BRC, Q2 2025: revenue $94.8M (+6% year over year), operating margin -13.3%, net loss $14.5M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $94.8M | +5% | +7% |
| Operating profit | −$12.6M | — | — |
| Net earnings | −$14.5M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $94.8M in Q2 2025, up 7% year over year and up 5% from the previous quarter.
Gross margin was 33.9%, down 7.9 points from a year earlier. Operating costs exceeded revenue by $12.6M, an operating margin of -13.3%. Operating expenses grew 23% against revenue growth of 7%. The fastest-growing cost line was Sales & marketing (+32%). The quarter ended with a net loss of $14.5M, wider than the previous quarter's $7.8M loss. Minority interests bore $9.2M of it: to shareholders the quarter was a loss of $5.3M.
Operating cash flow was −$3.3M. Non-cash charges added back $4.0M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $4.5M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$4.3M.
Questions
What was BRC's revenue in the second quarter 2025?
BRC (BRCC) reported revenue of $94.8M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +5% from the quarter before.
Was BRC profitable in the second quarter 2025?
Operating loss was $12.6M (-13.3% of revenue) and net loss $14.5M.
Source: BRC 10-Q on SEC EDGAR.