Financial Statements — BRCC
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Cash & Equivalents | 12.03 | 9.97 | 9.48 | 4.30 | 3.90 | 7.34 | 9.64 | 4.00 | 6.67 | 19.78 | 25.97 | 71.21 | 93.09 | 110.10 |
| Accounts Receivable | 32.89 | 36.28 | 30.45 | 29.55 | 27.01 | 28.88 | 25.92 | 24.77 | 24.62 | 24.40 | 19.28 | 22.75 | 13.69 | 13.42 |
| Inventory | 45.64 | 50.81 | 53.02 | 48.58 | 50.50 | 50.21 | 44.79 | 50.38 | 91.37 | 109.72 | 102.91 | 40.93 | 26.58 | 25.86 |
| Total Current Assets | 104.00 | 111.72 | 108.60 | 106.24 | 95.06 | 102.99 | 99.37 | 96.90 | 138.09 | 166.79 | 156.01 | 143.89 | 144.57 | 160.85 |
| Property, Plant & Equipment | 39.78 | 41.30 | 46.58 | 49.35 | 56.65 | 64.67 | 65.38 | 66.17 | 64.88 | 63.53 | 63.62 | 48.04 | 38.52 | 34.34 |
| Intangible Assets | 0.27 | 0.28 | 0.31 | 0.33 | 0.34 | 0.37 | 0.39 | 0.40 | 0.38 | 0.40 | 0.27 | 0.23 | 0.24 | 0.25 |
| Total Non-current Assets* | 102.00 | 105.32 | 113.81 | 119.01 | 127.83 | 130.68 | 130.51 | 130.28 | 101.54 | 98.20 | 90.02 | 64.21 | 49.94 | 50.99 |
| Total Assets | 205.99 | 217.04 | 222.40 | 225.25 | 222.89 | 233.66 | 229.88 | 227.18 | 239.63 | 264.99 | 246.03 | 208.10 | 194.51 | 211.84 |
| Accounts Payable | 36.05 | 40.76 | 35.30 | 34.92 | 34.13 | 31.23 | 34.16 | 39.59 | 26.13 | 37.50 | 41.23 | 4.58 | 8.47 | 6.43 |
| Total Current Liabilities | 73.18 | 82.12 | 81.34 | 82.11 | 73.35 | 90.59 | 93.09 | 90.63 | 74.11 | 85.48 | 84.65 | 61.20 | 37.29 | 42.98 |
| Long-term Debt | 31.61 | 34.59 | 35.01 | 72.67 | 68.77 | 64.90 | 66.49 | 61.51 | 71.99 | 77.88 | 56.19 | 33.64 | 20.53 | 18.64 |
| Total Non-current Liabilities | 59.45 | 64.21 | 66.86 | 107.50 | 105.35 | 89.51 | 84.64 | 86.02 | 106.07 | 110.20 | 79.95 | 32.43 | 27.65 | 356.81 |
| Total Liabilities | 132.63 | 146.33 | 148.21 | 189.60 | 178.71 | 180.10 | 177.73 | 176.65 | 180.17 | 195.68 | 164.61 | 93.63 | 64.94 | 399.80 |
| Retained Earnings | (135.46) | (135.36) | (132.13) | (131.65) | (126.32) | (120.95) | (120.41) | (119.93) | (115.99) | (112.76) | (108.53) | (98.55) | (94.50) | (83.75) |
| Total Stockholder Equity | 48.32 | 46.80 | 47.99 | 10.10 | 11.17 | 14.53 | 14.90 | 14.61 | 21.49 | 22.21 | 23.89 | 30.33 | 33.76 | (44.91) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 107.02 | 109.23 | 112.74 | 100.71 | 94.84 | 89.97 | 105.88 | 98.20 | 89.02 | 98.39 | 119.65 | 100.54 | 91.95 | 83.49 | 93.62 | 75.49 | 66.36 | 65.84 | 71.85 |
| Cost of Revenue | 70.54 | 73.14 | 76.59 | 63.56 | 62.66 | 57.50 | 65.50 | 56.86 | 51.76 | 56.21 | 87.98 | 66.48 | 59.74 | 55.98 | 64.15 | 51.55 | 43.81 | 42.62 | 47.17 |
| Gross Profit | 36.48 | 36.09 | 36.15 | 37.15 | 32.17 | 32.47 | 40.38 | 41.35 | 37.26 | 42.19 | 31.67 | 34.06 | 32.21 | 27.51 | 29.47 | 23.95 | 22.56 | 23.21 | 24.68 |
| Selling, General & Admin | 9.27 | 10.10 | 15.69 | 12.95 | 14.31 | 11.79 | 12.21 | 12.32 | 10.95 | 15.35 | 15.09 | 19.47 | 19.30 | 17.76 | 18.47 | 16.30 | 14.83 | 14.89 | -- |
| Total Operating Expenses | 35.38 | 34.77 | 43.21 | 36.63 | 44.80 | 37.90 | 42.57 | 40.24 | 36.28 | 38.23 | 44.02 | 41.05 | 45.87 | 44.73 | 48.93 | 39.56 | 39.40 | 39.06 | 28.75 |
| Operating Income | 1.10 | 1.32 | (7.06) | 0.52 | (12.62) | (5.43) | (2.19) | 1.11 | 0.98 | 3.96 | (12.35) | (6.99) | (13.66) | (17.21) | (19.46) | (15.62) | (16.84) | (15.84) | (4.07) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.05 | 1.67 | 3.54 | 0.79 | 0.32 | 0.46 | 0.47 | 0.18 | 0.49 | 0.44 |
| Pretax Income | (0.15) | 0.08 | (8.64) | (1.19) | (14.47) | (7.80) | (6.71) | (1.35) | (1.32) | 1.90 | (14.02) | (10.64) | (14.61) | (17.26) | (19.93) | (16.03) | (45.02) | (256.70) | (4.56) |
| Tax Provision | 0.03 | 0.03 | 0.00 | 0.04 | 0.04 | 0.04 | 0.02 | 0.05 | 0.05 | 0.05 | 0.02 | 0.06 | 0.06 | 0.06 | 0.10 | 0.07 | 0.07 | 0.13 | 0.05 |
| Net Income | (0.10) | (0.01) | (3.21) | (0.49) | (5.33) | (2.89) | (2.48) | (0.53) | (0.48) | 0.55 | (4.49) | (3.23) | (4.23) | (4.80) | (5.19) | (4.04) | (10.75) | (62.92) | 23.08 |
| Basic EPS | 0.00 | 0.00 | (0.20) | 0.00 | (0.07) | (0.04) | (0.30) | (0.01) | (0.01) | 0.01 | (0.70) | (0.05) | (0.07) | (0.08) | 0.40 | (0.08) | (0.22) | (1.36) | -- |
| Diluted EPS | 0.00 | 0.00 | (0.20) | 0.00 | (0.07) | (0.04) | (0.30) | (0.01) | (0.01) | 0.01 | (0.70) | (0.05) | (0.07) | (0.08) | 0.40 | (0.08) | (0.22) | (1.36) | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Operating Cash Flow | 5.87 | 6.76 | (8.71) | 6.37 | (3.32) | (4.14) | 2.16 | 1.93 | 2.30 | 4.91 | 22.03 | (6.54) | (25.06) | (15.39) | (37.22) | (24.43) | (21.91) | (32.62) |
| Capital Expenditures | 0.46 | 0.63 | 0.70 | 0.82 | 0.97 | 1.17 | 1.66 | 2.14 | 2.15 | 2.72 | 14.98 | 2.23 | 5.11 | 4.90 | 10.45 | 10.55 | 5.19 | 4.21 |
| Free Cash Flow* | 5.41 | 6.13 | (9.41) | 5.55 | (4.30) | (5.31) | 0.50 | (0.20) | 0.15 | 2.20 | 7.04 | (8.76) | (30.17) | (20.30) | (47.67) | (34.98) | (27.10) | (36.83) |
| Investing Cash Flow | (0.44) | (0.63) | 4.28 | (0.71) | (0.97) | (1.17) | (1.62) | (2.12) | (1.30) | (2.68) | (14.85) | 3.16 | (4.92) | (4.90) | (10.45) | (10.55) | (5.19) | (4.21) |
| Financing Cash Flow | (3.37) | (0.49) | (0.72) | (0.48) | 4.70 | 2.41 | (1.39) | (2.12) | 3.50 | (10.69) | (1.40) | (8.27) | 23.80 | 7.27 | 15.45 | 13.11 | 1.82 | 136.87 |
* Derived from reported values
