Filing Flows › BRC Group Holdings (RILY) › Q2 2026
BRC Group Holdings (RILY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
BRC Group Holdings (RILY) reported revenue of $239M for the second quarter 2026 (Q2 2026), +6% from a year earlier and -32% from the quarter before. Operating margin was 16.0%, net earnings $20.5M (8.6% of revenue).
BRC Group Holdings, Q2 2026: revenue $239M (+6% year over year), operating margin 16.0%, net earnings $20.5M, operating cash flow −$18.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $239M | -32% | +6% |
| Operating profit | $38.2M | -75% | +253% |
| Net earnings | $20.5M | -90% | -85% |
| Operating cash flow | −$18.2M | -148% | — |
What changed
Revenue was $239.1M in Q2 2026, up 6% year over year and down 32% from the previous quarter. Sale of goods was the largest line at 19% of revenue. Other added $29.6M year over year (up 1106%), 215% of the total change. Trading (losses) gains, net declined 53%.
Operating profit was $38.2M, a 16.0% margin (up 11.2 points year over year). Of the extra revenue versus Q2 2025, 198% reached operating profit, above the 5% margin then. Total costs fell 6% while revenue rose 6%. Net earnings were $20.5M, down 85% year over year. The effective tax rate was 21.6%.
Operating cash flow was −$18.2M. Non-cash charges added back $7.5M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $50.6M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$19.4M.
Questions
What was BRC Group Holdings' revenue in the second quarter 2026?
BRC Group Holdings (RILY) reported revenue of $239M for the second quarter 2026 (Q2 2026), +6% from a year earlier and -32% from the quarter before.
Was BRC Group Holdings profitable in the second quarter 2026?
Operating profit was $38.2M (16.0% of revenue) and net earnings $20.5M.
Source: BRC Group Holdings 10-Q on SEC EDGAR.