Brilliant Earth Group (BRLT)
NASDAQ:BRLT
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.01Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights solid top-line execution, notable outperformance in fine jewelry and showroom-driven retail, margin management within target, marketing efficiency gains, and a clean balance sheet. Key near-term challenges include a Q1 adjusted EBITDA loss (seasonal), operating expense deleverage, elevated metal costs, and softness at lower price points. Management provided constructive forward guidance (Q2 profitable, full-year positive adjusted EBITDA) and clear levers for margin improvement, suggesting momentum outweighs the headwinds.Company Guidance
Net Sales Growth at High End of Guidance
Net sales of $99.5 million, up ~6% year-over-year and reported at the high end of management's guidance range (mid-single-digit growth).
Order and ASP Strength
Total orders grew ~3% year-over-year; average order value (AOV) was ~$2,131, up ~3% year-over-year, driven by higher average selling prices across the assortment and customer mix shifting to higher-priced items.
Fine Jewelry Outperformance
Fine jewelry bookings grew 33% year-over-year and comprised 17% of total bookings; management targets fine jewelry on a path toward becoming a $100 million business.
Showroom Expansion and Retail Momentum
Ended the quarter with 42 showrooms (two more planned by year-end); fine jewelry bookings in showrooms grew 48% year-over-year; Beverly Hills flagship (opened January) is delivering very strong retail orders and foot traffic.
Product Collection Successes
Bookings from the proprietary Sol collection grew 90% year-over-year; nearly 40% more new fine jewelry customers had first purchases of $500+ in Q1 versus Q1 last year.
Seasonal Campaign & Organic Engagement Wins
Valentine’s Day was a record two-week peak with bookings up 9% year-over-year; the Perfect Timing campaign drove triple‑digit year-over-year growth in organic social engagement and generated substantial creator content (150+ pieces across 41 creators via Bridal Collective).
Gross Margin within Target and Path to Improvement
Q1 gross margin was 54.3% (within mid-50s target). Management expects gross margin to be higher in remainder of 2026 due to price optimization, design/production engineering, procurement efficiencies and hedging.
Marketing Leverage and Efficient Inventory
Marketing expense improved to 23.6% of net sales from 24.5% a year ago (~90 bps of year-over-year leverage). Inventory turns remain strong at over 4x despite inventory growth tied to strategic procurement and fine jewelry assortment expansion.
Strong Balance Sheet Positioning
Approximately $59 million in cash and no debt at quarter end; year-over-year cash decline explained by prior term loan payoff and a one-time ~$25 million dividend/distribution last year.
Forward Guidance Indicates Profitability and Growth
Q2 guidance: net sales expected to be up low-single-digits year-over-year and adjusted EBITDA of $0.5M–$2M. Full-year outlook: mid-single-digit net sales growth, mid-50s gross margin, year-over-year marketing leverage, and positive adjusted EBITDA (slightly below 2025).
BRLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BRLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $1.41 | $1.41 | 0.00% |
Mar 05, 2026 | $1.65 | $1.46 | -11.52% |
Nov 05, 2025 | $2.56 | $2.42 | -5.47% |
Aug 07, 2025 | $1.23 | $1.69 | +37.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Brilliant Earth Group (BRLT) report earnings?
Brilliant Earth Group (BRLT) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Brilliant Earth Group (BRLT) earnings time?
Brilliant Earth Group (BRLT) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRLT EPS forecast?
BRLT EPS forecast for the fiscal quarter 2026 (Q2) is >-0.01.
