Brilliant Earth Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $437.5M | $422.2M | $446.4M | $439.9M | $380.2M | $251.8M | $201.3M |
| Cost of Revenue | $186.0M | $167.8M | $189.4M | $205.6M | $192.8M | $139.5M | $116.4M |
| Gross Profit | $251.5M | $254.4M | $257.0M | $234.3M | $187.4M | $112.3M | $84.9M |
| Gross Margin | 57.5% | 60.3% | 57.6% | 53.3% | 49.3% | 44.6% | 42.2% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $150.9M | $142.7M | $252.5M | $211.0M | $147.3M | $85.7M | $90.3M |
| Operating Income | $-5.4M | $3.4M | $4.5M | $23.3M | $40.1M | $26.6M | $-5.4M |
| Operating Margin | -1.2% | 0.8% | 1.0% | 5.3% | 10.6% | 10.6% | -2.7% |
| Interest Expense | — | — | $5.1M | $4.7M | $7.6M | $4.9M | $2.3M |
| Pretax Income | $3.2M | $4.2M | $4.3M | $18.9M | $25.9M | $21.6M | $-7.8M |
| Income Tax Expense | $9.6M | $160.0K | $-431.0K | $-168.0K | $-316.0K | $0 | $0 |
| Net Income | $-3.6M | $541.0K | $584.0K | $2.1M | $1.5M | $21.6M | $-7.8M |
| Net Margin | -0.8% | 0.1% | 0.1% | 0.5% | 0.4% | 8.6% | -3.9% |
| EPS (Basic) | $-0.25 | $0.04 | $0.05 | $0.20 | — | — | — |
| EPS (Diluted) | $-0.25 | $0.03 | $0.04 | $0.15 | — | — | — |
| Shares Outstanding (Basic) | 14.8M | 13.3M | 11.9M | 10.7M | — | — | — |
| Shares Outstanding (Diluted) | 14.8M | 98.4M | 97.1M | 96.5M | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |