Filing Flows › Brilliant Earth Group (BRLT) › Q1 2026
Brilliant Earth Group (BRLT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Brilliant Earth Group (BRLT) reported revenue of $99.5M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -20% from the quarter before. Operating margin was -8.9%, net loss $8.5M (8.5% of revenue).
Brilliant Earth Group, Q1 2026: revenue $99.5M (+6% year over year), operating margin -8.9%, net loss $8.5M, operating cash flow −$18.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $99.5M | -20% | +6% |
| Operating profit | −$8.9M | — | — |
| Net earnings | −$8.5M | — | — |
| Operating cash flow | −$18.8M | -362% | — |
What changed
Revenue was $99.5M in Q1 2026, up 6% year over year and down 20% from the previous quarter.
Gross margin was 54.3%, down 4.3 points from Q1 2025. Operating costs exceeded revenue by $8.9M, an operating margin of -8.9%. Operating expenses grew 7% against revenue growth of 6%. The fastest-growing cost line was General & admin (+11%). The quarter ended with a net loss of $8.5M, wider than the previous quarter's $1.3M loss. Minority interests bore $6.9M of it: to shareholders the quarter was a loss of $1.5M.
Operating cash flow was −$18.8M. Non-cash charges added back $1.6M of depreciation and $1.5M of share-based compensation. Working capital and other items used $13.5M. Capital expenditures of $555K exceeded it, leaving free cash flow of −$19.3M.
Questions
What was Brilliant Earth Group's revenue in the first quarter 2026?
Brilliant Earth Group (BRLT) reported revenue of $99.5M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -20% from the quarter before.
Was Brilliant Earth Group profitable in the first quarter 2026?
Operating loss was $8.9M (-8.9% of revenue) and net loss $8.5M.