BRC Group Holdings, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
RILY$3.66-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues: | ||
| Services and fees ($12,543 and $18,575 from related parties) | $633,836 | $783,304 |
| Trading gains (losses), net | 125,530 | (57,007) |
| Fair value adjustments on loans ($2,061 and $(328,671) from related parties) | (448) | (325,498) |
| Interest income - loans ($1,910 and $33,186 from related parties) | 10,574 | 54,141 |
| Interest income - securities lending | 6,993 | 70,862 |
| Sale of goods | 191,114 | 220,619 |
| Total revenues | 967,599 | 746,421 |
| Operating expenses: | ||
| Direct cost of services | 139,417 | 213,901 |
| Cost of goods sold | 145,364 | 167,634 |
| Selling, general and administrative expenses | 599,748 | 689,410 |
| Restructuring charge (Note 22) | 195 | 1,522 |
| Impairment of goodwill and tradenames | 1,500 | 105,373 |
| Interest expense - Securities lending and loan participations sold | 5,794 | 66,128 |
| Total operating expenses | 892,018 | 1,243,968 |
| Operating income (loss) | 75,581 | (497,547) |
| Other income (expense): | ||
| Interest income | 3,710 | 3,600 |
| Dividend income | 1,818 | 4,462 |
| Realized and unrealized gains (losses) on investments | 62,718 | (263,686) |
| Change in fair value of financial instruments and other | 11,349 | 4,471 |
| Gain on sale and deconsolidation of businesses | 86,213 | 306 |
| Gain on senior note exchange | 67,208 | — |
| Income from equity investments | 34,996 | 31 |
| Loss on extinguishment of debt | (21,298) | (18,725) |
| Interest expense | (92,736) | (133,308) |
| Income (loss) from continuing operations before income taxes | 229,559 | (900,396) |
| Benefit from (provision for) income taxes | 9,885 | (22,013) |
| Income (loss) from continuing operations | 239,444 | (922,409) |
| Income from discontinued operations, net of income taxes | 70,841 | 147,470 |
| Net income (loss) | 310,285 | (774,939) |
| Net income (loss) attributable to noncontrolling interests | 2,870 | (10,665) |
| Net income (loss) attributable to BRC Group Holdings, Inc. | 307,415 | (764,274) |
| Preferred stock dividends | 8,060 | 8,060 |
| Net income (loss) available to common shareholders | $299,355 | $(772,334) |
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Basic net income (loss) per common share: | ||
| Continuing operations | $7.48 | $(30.38) |
| Discontinued operations | $2.32 | $4.92 |
| Basic income (loss) per common share | $9.80 | $(25.46) |
| Diluted net income (loss) per common share: | ||
| Continuing operations | $7.48 | $(30.38) |
| Discontinued operations | $2.32 | $4.92 |
| Diluted income (loss) per common share | $9.80 | $(25.46) |
| Weighted average basic common shares outstanding | 30,555,258 | 30,336,274 |
| Weighted average diluted common shares outstanding | 30,555,258 | 30,336,274 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.