BRC Inc. Q2 2026: Revenue Climbs 12.8%, Nears Breakeven, and Full-Year Outlook Holds
BRCC sits 85% above its 52-week low of $0.6.
Summary
Q2 2026 revenue reached $107.0 million, up 12.8% year-over-year, while the net loss shrank to $0.2 million. Adjusted EBITDA surged to $6.3 million, and the company reaffirmed its full-year outlook for at least 8% revenue growth and 35% Adjusted EBITDA growth.
Key Events · Earnings and Guidance · BRCC
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Revenue Growth Accelerates
Net revenue rose 12.8% to $107.0 million in Q2 2026, fueled by a 15.2% increase in Wholesale and a 13.6% gain in Direct-to-Consumer—the strongest DTC growth in over four years.
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Near-Breakeven Net Loss
The net loss improved to $0.2 million from $14.5 million in Q2 2025, thanks to operating leverage and lower legal and restructuring costs.
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Adjusted EBITDA More Than Doubles
Adjusted EBITDA climbed to $6.3 million from $2.4 million a year ago, as gross margin expanded modestly and operating expenses fell as a percentage of revenue.
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Full-Year Guidance Affirmed
Management reiterated expectations for at least 8% revenue growth and at least 35% Adjusted EBITDA growth in fiscal 2026, citing strong first-half execution and improving cash generation.
Analysis · BRCC · Manufacturing
A strong second quarter saw revenue growth accelerate to 12.8% and the net loss narrow to just $0.2 million—a dramatic swing from the $14.5 million loss a year ago. Adjusted EBITDA more than doubled to $6.3 million, reflecting operating leverage and disciplined cost management. The company affirmed its full-year guidance of at least 8% revenue growth and at least 35% Adjusted EBITDA growth, underscoring confidence in sustained momentum. Against a backdrop of recent insider selling and a prior delisting scare, this operational turnaround serves as a critical proof point for the investment thesis.
At the time of this filing, BRCC was trading at $1.11 on NYSE in the Manufacturing sector, with a market capitalization of approximately $262M. The 52-week trading range was $0.60 to $1.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.