Filing Flows › BRC Group Holdings (RILY) › Q3 2026
BRC Group Holdings (RILY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
BRC Group Holdings (RILY) reported revenue of $33.0M for the third quarter 2026 (Q3 2026), -88% from a year earlier and -86% from the quarter before. Operating margin was -423.0%, net loss $248M (749.9% of revenue).
BRC Group Holdings, Q3 2026: revenue $33.0M (-88% year over year), operating margin -423.0%, net loss $248M, operating cash flow $104M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.0M | -86% | -88% |
| Operating profit | −$140M | -466% | -314% |
| Net earnings | −$248M | -1305% | -372% |
| Operating cash flow | $104M | — | — |
| Free cash flow | $102M | — | — |
What changed
Revenue was $33.0M in Q3 2026, down 88% year over year and down 86% from the previous quarter. Corporate finance, consulting and investment banking fees was the largest line at 70% of revenue. Corporate finance, consulting and investment banking fees lost $30.8M year over year (down 57%), 13% of the total change.
Operating costs exceeded revenue by $139.7M, an operating margin of -423.0%. Total costs fell 19% while revenue fell 88%. The quarter ended with a net loss of $247.7M, after a profit of $21.6M the previous quarter. Minority interests bore $6.7M of it: to shareholders the quarter was a loss of $241.0M. Net interest and other expense of $132.0M was the main reason.
Operating cash flow was $104.0M. Non-cash charges added back $7.4M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $342.7M. Capital expenditures of $1.6M left free cash flow of $102.4M.
Questions
What was BRC Group Holdings' revenue in the third quarter 2026?
BRC Group Holdings (RILY) reported revenue of $33.0M for the third quarter 2026 (Q3 2026), -88% from a year earlier and -86% from the quarter before.
Was BRC Group Holdings profitable in the third quarter 2026?
Operating loss was $140M (-423.0% of revenue) and net loss $248M.
Source: BRC Group Holdings 10-Q on SEC EDGAR.