BRC Inc. reports Q1 adjusted EBITDA $0.9M vs. $12.5M last year

Reports Q1 revenue $90.0M, consensus $88.1M. “Black Rifle is off to a promising start in 2025, driven by distribution gains across multiple product categories and targeted investments that position us well for sustained, multi-year growth,” said BRCC Chief Executive Officer Chris Mondzelewski. “This quarter marked the beginning of what we anticipate will be a two-year distribution ramp for Black Rifle Energy(TM), and we’re encouraged by our initial success in partnership with Keurig Dr Pepper (KDP). With marketing efforts set to accelerate throughout the year, we expect revenue momentum to build and remain confident in the strategy and long-term goals outlined earlier this year. Importantly, we continue to grow market share in every category in which we compete-underscoring the strength of our brand, our products, and our execution. As we move forward in 2025, our team remains focused on building brand awareness, strengthening our market presence, and advancing our mission of supporting veterans, first responders, and the communities we proudly serve.”