Filing Flows › Brilliant Earth Group (BRLT) › Q2 2025
Brilliant Earth Group (BRLT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Brilliant Earth Group (BRLT) reported revenue of $109M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +16% from the quarter before. Operating margin was -1.1%, net loss $1.1M (1.0% of revenue).
Brilliant Earth Group, Q2 2025: revenue $109M (+3% year over year), operating margin -1.1%, net loss $1.1M, operating cash flow $9.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | +16% | +3% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $9.1M | — | +24% |
| Free cash flow | $7.9M | — | +23% |
What changed
Revenue was $108.9M in Q2 2025, up 3% year over year and up 16% from the previous quarter.
Gross margin was 58.3%, down 2.5 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -1.1%. Operating expenses grew 3% against revenue growth of 3%. The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $3.3M loss. Minority interests bore $947K of it: to shareholders the quarter was a loss of $166K. Non-operating items added $243K, -25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $9.1M (up 24% year over year). Non-cash charges added back $1.5M of depreciation and $2.3M of share-based compensation. Working capital and other items added $6.3M. Capital expenditures of $1.2M left free cash flow of $7.9M.
Questions
What was Brilliant Earth Group's revenue in the second quarter 2025?
Brilliant Earth Group (BRLT) reported revenue of $109M for the second quarter 2025 (Q2 2025), +3% from a year earlier and +16% from the quarter before.
Was Brilliant Earth Group profitable in the second quarter 2025?
Operating loss was $1.2M (-1.1% of revenue) and net loss $1.1M.