BRC Inc. Reports First Quarter 2026 Financial Results

Published: 2026-05-07 11:32:31 ET BRCC

Published on 05/07/2026 at 11:32 am EDT

SALT LAKE CITY- BRC Inc. (NYSE: BRCC, the 'Company' or 'Black Rifle'), a Veteran-founded, mission-driven premium beverage company, today announced financial results for the first quarter of fiscal year 2026.

Financial Highlights

* Net revenue increased 21.4% compared to Q1 2025, driven primarily by growth in Wholesale and Direct-to-Consumer channels.

* Wholesale revenue increased 31.5%, while Direct-to-Consumer ('DTC') revenue increased 7.2%, marking DTC's strongest quarterly growth in over four years.

* Packaged coffee distribution expanded 7.0 points to 55.4% All Commodity Volume ('ACV'), while Ready-to-Drink ('RTD') coffee distribution increased 8.3 points to 55.0% ACV, compared to Q1 2025.

* Net income improved to approximately breakeven (approximately $0.0 million) in Q1 2026, compared to a net loss of $7.8 million in Q1 2025, while Adjusted EBITDA increased to $7.3 million from $0.9 million in the prior year.

* For the full year 2026, the Company now expects at least 8% revenue growth and at least 35% Adjusted EBITDA growth, reflecting continued momentum across the business and an increase to the Company's prior outlook.

'First quarter results mark a strong start to 2026 and reflect growing momentum across the business,' said BRCC Chief Executive Officer Chris Mondzelewski. 'We are operating with greater focus and agility, supported by a more streamlined structure that is enabling better execution across the organization. Our coffee portfolio continues to lead, with our land and expand strategy driving broader distribution and increased shelf presence. Performance across channels is strengthening, with particularly strong results in Wholesale and a second consecutive quarter of year-over-year growth in Direct-to-Consumer, contributing to a more balanced and durable growth profile. Our commitment to the veteran, military, and first-responder communities is the foundation of who we are. As the business grows, we are able to broaden that support while staying true to the mission that defines us.'

'Our results reflect strong operating performance, with robust revenue growth alongside higher profitability and cash generation,' said BRCC Chief Financial Officer Matt Amigh. 'While coffee input costs have moderated from prior year peaks, they remain elevated relative to historical levels. We are focused on driving gross margin expansion through efficiency gains and favorable mix, with an emphasis on actions within our control regardless of commodity volatility. The balance sheet is in a strong position, and we are building on that foundation by driving cash flow through improved profitability, disciplined execution, and working capital management. Based on our performance to date and continued strength across the business, we are increasing our full-year outlook to at least 8% revenue growth and at least 35% Adjusted EBITDA growth.'

First Quarter 2026 Financial Highlights (in millions, except % data)

https://ir.blackriflecoffee.com/news-events/press-releases/detail/113/brc-inc-reports-first-quarter-2026-financial-results