Brilliant Earth Group, Inc.

For the period ended Dec 31, 2025. Filed Mar 17, 2026.

About 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 17, 2026

BRLT$1.36-6.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(Dollars in thousands, except per share amounts)

	December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$79,089	$161,925
Restricted cash	349	216
Inventories, net	53,238	38,292
Prepaid expenses and other current assets	12,052	10,980
Total current assets	144,728	211,413
Property and equipment, net	19,622	21,626
Deferred tax assets	—	9,636
Operating lease right of use assets	31,879	35,222
Other assets	4,674	3,348
Total assets	$200,903	$281,245
Liabilities and stockholders' equity
Current liabilities:
Accounts payable	$24,804	$15,733
Accrued expenses and other current liabilities	35,732	31,714
Deferred revenue	22,671	18,926
Current portion of operating lease liabilities	6,896	6,108
Current portion of long-term debt	—	5,688
Total current liabilities	90,103	78,169
Long-term debt, net of debt issuance costs	—	50,010
Operating lease liabilities	31,163	35,856
Payable pursuant to the Tax Receivable Agreement	—	7,828
Total liabilities	121,266	171,863
Commitments and contingencies (Note 13)
Stockholders’ equity
Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized, none issued and outstanding at December 31, 2025 and 2024, respectively	—	—
Class A common stock, $0.0001 par value per share, 1,200,000,000 shares authorized; 16,092,701 shares issued and 15,518,024 shares outstanding at December 31, 2025 and 14,125,925 shares issued and 13,843,944 shares outstanding at December 31, 2024	2	1
Class B common stock, $0.0001 par value per share, 150,000,000 shares authorized; 35,822,342 and 35,820,912 shares issued and outstanding at December 31, 2025 and 2024, respectively	4	4
Class C common stock, $0.0001 par value per share, 150,000,000 shares authorized; 49,119,976 shares issued and outstanding at December 31, 2025 and 2024, respectively	5	5
Class D common stock, $0.0001 par value per share, 150,000,000 shares authorized; none issued and outstanding at December 31, 2025 and 2024, respectively	—	—
Additional paid-in capital	16,024	11,169
Treasury stock, at cost; 574,677 shares and 281,981 shares at December 31, 2025 and 2024, respectively	(1,094)	(638)
Retained earnings	(2,640)	4,788
Stockholders' equity attributable to Brilliant Earth Group, Inc.	12,301	15,329
Non-controlling interests attributable to Brilliant Earth, LLC	67,336	94,053
Total stockholders' equity	79,637	109,382
Total liabilities and stockholders' equity	$200,903	$281,245

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.