BRC Inc.

For the period ended Sep 30, 2025. Filed Nov 3, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 3, 2025

BRCC$10.09+4.5%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share amounts)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Revenue, net	$100,712	$98,204	$285,524	$285,613
Cost of goods sold	63,563	56,856	183,729	164,822
Gross profit	37,149	41,348	101,795	120,791
Operating expenses
Marketing and advertising	8,707	10,109	29,798	25,129
Salaries, wages and benefits	14,389	16,548	43,743	49,419
General and administrative	12,947	12,324	39,046	38,619
Other operating expense, net	588	1,261	6,746	1,584
Total operating expenses	36,631	40,242	119,333	114,751
Operating income (loss)	518	1,106	(17,538)	6,040
Non-operating expenses
Interest expense, net	(1,712)	(2,453)	(5,925)	(6,805)
Total non-operating expenses	(1,712)	(2,453)	(5,925)	(6,805)
Loss before income taxes	(1,194)	(1,347)	(23,463)	(765)
Income tax expense	44	50	132	151
Net loss	$(1,238)	$(1,397)	$(23,595)	$(916)
Less: Net loss attributable to non-controlling interest	(752)	(862)	(14,893)	(446)
Net loss attributable to BRC Inc.	$(486)	$(535)	$(8,702)	$(470)
Net loss per share attributable to Class A Common Stock
Basic and diluted	$0.00	$(0.01)	$(0.10)	$(0.01)
Weighted-average shares of Class A Common Stock outstanding
Basic and diluted	107,994,798	72,154,931	88,625,749	68,904,034

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.