Filing Flows › Brilliant Earth Group (BRLT) › Q1 2025
Brilliant Earth Group (BRLT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Brilliant Earth Group (BRLT) reported revenue of $93.9M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -21% from the quarter before. Operating margin was -3.8%, net loss $3.3M (3.5% of revenue).
Brilliant Earth Group, Q1 2025: revenue $93.9M (-4% year over year), operating margin -3.8%, net loss $3.3M, operating cash flow −$7.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.9M | -21% | -4% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | −$7.1M | — | — |
What changed
Revenue was $93.9M in Q1 2025, down 4% year over year and down 21% from the previous quarter.
Gross margin was 58.6%, down 1.3 points from a year earlier. Operating costs exceeded revenue by $3.5M, an operating margin of -3.8%. Operating expenses grew 2% against a revenue fall of 4%. The quarter ended with a net loss of $3.3M, after a profit of $2.6M the previous quarter. Minority interests bore $2.8M of it: to shareholders the quarter was a loss of $466K.
Operating cash flow was −$7.1M. Non-cash charges added back $1.5M of depreciation and $2.4M of share-based compensation. Working capital and other items used $7.7M. Capital expenditures of $727K exceeded it, leaving free cash flow of −$7.9M.
Questions
What was Brilliant Earth Group's revenue in the first quarter 2025?
Brilliant Earth Group (BRLT) reported revenue of $93.9M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -21% from the quarter before.
Was Brilliant Earth Group profitable in the first quarter 2025?
Operating loss was $3.5M (-3.8% of revenue) and net loss $3.3M.