)

BRC (BRCC) investor relations material
BRC Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue grew 6.5%–7% year-over-year to $94.8M in Q2 2025, led by 14%–14.1% wholesale growth and expanded distribution in packaged and RTD coffee, but net loss widened to $14.5M from $1.4M last year.
Ready-to-drink (RTD) coffee and new energy drink launches showed strong momentum, with Black Rifle Energy reaching over 15,000 retail locations and 22.5% ACV.
DTC revenue declined 7.8%–8% year-over-year, but stabilized after adjusting for loyalty accruals; Outpost revenue grew 11%–11.3%.
Operational Improvement Plan reduced headcount, incurring $2.1M in severance, with $6.5M–$10M annualized cost savings expected.
Continued community engagement and brand-building activities, supporting military and first responder communities.
Financial highlights
Q2 2025 net revenue: $94.8M, up 6.5%–7% year-over-year; gross margin declined to 33.9%–34% from 41.9%–42% year-over-year.
Adjusted EBITDA was $2.4M, down $5.1M or 68% year-over-year; net loss widened to $14.5M from $1.4M.
Wholesale revenue grew 14%–14.1% to $61.3M; DTC revenue decreased 7.8%–8% to $27.6M; Outpost revenue up 11%–11.3% to $5.9M.
Gross profit for Q2: $32.2M, down 13.7%–14% year-over-year.
Operating expenses up 23%–31% year-over-year, driven by higher marketing and legal costs.
Outlook and guidance
Full-year 2025 guidance reaffirmed: revenue $395M–$425M, gross margin 35%–37%, adjusted EBITDA $20M–$30M, with sequential revenue growth and margin recovery expected in 2H25.
Three-year targets: 10%–15% revenue CAGR and 40%+ gross margin through 2027.
Key headwinds: green coffee inflation, trade spending, loyalty reserve, and tariffs.
Management expects $6.5M–$10M in annualized cost savings from efficiency initiatives.
Next BRC earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage