Brc Inc.NYSE: BRCC

Black Rifle - BRC Inc. Reports Third Quarter 2025 Financial Results

· Issued by Brc Inc.

Financial Highlights

* Net revenue increased 2.6% compared to Q3 2024, driven primarily by growth in Wholesale revenue.

* Packaged coffee distribution increased 9.1 percentage points to 54.1% All Commodity Volume ('ACV'), and Ready-to-Drink ('RTD') coffee increased 7.3 percentage points to 53.3% ACV in Q3 2025, compared to Q3 2024.

* Net loss was $1.2 million in Q3 2025, a decrease of $0.2 million compared to net loss of $1.4 million in Q3 2024. Adjusted EBITDA was $8.4 million, up $1.3 million from $7.1 million in Q3 2024.

* Full-year revenue, gross margin and adjusted EBITDA guidance updated within prior range.

SALT LAKE CITY- BRC Inc. (NYSE: BRCC, the 'Company' or 'Black Rifle'), a Veteran-founded, mission-driven premium beverage company, today announced financial results for the third quarter of fiscal year 2025.

'Black Rifle's third-quarter results highlight strong execution in a dynamic environment as we continue to grow distribution, strengthen retail partnerships, and expand our presence across channels,' said BRCC Chief Executive Officer Chris Mondzelewski. 'We've delivered meaningful distribution growth in both packaged coffee and our Ready-to-Drink product lines this year, reinforcing the strength of our brand and positioning us well as we build a true multi-category beverage platform. Black Rifle is gaining share across every category where we compete, and we're excited to continue reaching more consumers and accelerating growth into 2026. As we do, we remain deeply committed to advancing our mission to support the military, veteran, and first-responder communities from which we came.'

'Our results reflect solid operational and financial discipline that delivered meaningful improvement in underlying profitability compared to the first half of the year,' said BRCC Chief Financial Officer Matt Amigh. 'Revenue growth outpaced the category, driven by continued execution of our land-and-expand strategy. We're managing a challenging commodity environment with tight cost control, improved operating efficiency, and pricing actions that together are driving stronger margins. In July, we completed an equity offering that enabled us to fully retire the outstanding balance on our revolver and strengthen our liquidity position to support ongoing growth. I'm pleased with the progress we've made since I joined and look forward to driving continued financial and operational gains into next year.'

Third Quarter 2025 Financial Highlights (in millions, except % data): See full release at:

https://ir.blackriflecoffee.com/news-events/press-releases/detail/105/brc-inc-reports-third-quarter-2025-financial-results

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