📊 BRLT Key Takeaways
Is Brilliant Earth Group, Inc. (BRLT) a Good Investment?
Brilliant Earth faces severe operational challenges with negative operating income (-8.9%), negative free cash flow (-$19.3M), and deteriorating EPS despite strong 54.3% gross margins, indicating operational expense inefficiency. The company is burning approximately $19M in cash annually with only $58.6M in liquid reserves, providing roughly 3 years of runway before depletion. The microscopic equity base ($11.4M) relative to total liabilities ($112.1M) leaves no margin for error.
Brilliant Earth shows a mixed fundamental profile: revenue is still growing modestly, gross margin remains strong at 57.5%, and the balance sheet is conservatively structured with no long-term debt and solid cash reserves. However, the business is not currently converting that margin profile into operating profit, with negative operating income, negative net margin, and very weak returns on equity. The company looks financially stable enough to withstand near-term pressure, but growth quality remains questionable until profitability improves materially.
Brilliant Earth Group, Inc. Key Strengths (BRLT)
- Strong gross margin of 54.3% indicates viable product pricing and market demand
- Zero long-term debt eliminates financial leverage risk
- Substantial cash reserves of $58.6M provide operational runway
- Strong gross margin of 57.5% indicates healthy product-level economics and brand pricing power
- Debt-free balance sheet with $79.09M in cash provides financial flexibility
- Positive operating cash flow and free cash flow show the business is still generating cash despite earnings pressure
BRLT Stock Risks: Brilliant Earth Group, Inc. Investment Risks
- Negative operating income and negative operating cash flow of -$18.8M indicate core business is unprofitable
- Free cash flow of -$19.3M means company is burning cash at unsustainable rate with 3-year runway remaining
- Equity base of only $11.4M versus liabilities of $112.1M creates extreme financial fragility
- EPS deteriorated 933.3% YoY despite claimed net income improvement, signaling worsening per-share economics
- Negative ROE (-13.2%) and ROA (-0.8%) indicate value destruction
- Negative operating margin and net margin show the company is currently unprofitable at the earnings level
- Very low equity base and ROE of -29.6% suggest weak capital efficiency and limited balance sheet cushion
- Growth quality is modest, with only 3.6% revenue growth and limited free cash flow margin of 1.3%
Key Metrics to Watch
- Return to positive operating cash flow (critical)
- Operating margin trend toward profitability above -8.9%
- Stockholders' equity trend and cash burn rate runway
- Inventory to current assets ratio given quick ratio of 0.91x
- Operating margin trend and whether revenue growth converts back into sustained operating income
- Free cash flow margin and cash balance durability as the company works through profitability pressure
Brilliant Earth Group, Inc. (BRLT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Brilliant Earth Group, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BRLT Profit Margin, ROE & Profitability Analysis
BRLT vs Market Sector: How Brilliant Earth Group, Inc. Compares
How Brilliant Earth Group, Inc. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Brilliant Earth Group, Inc. Stock Overvalued? BRLT Valuation Analysis 2026
Based on fundamental analysis, Brilliant Earth Group, Inc. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Brilliant Earth Group, Inc. Balance Sheet: BRLT Debt, Cash & Liquidity
BRLT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Brilliant Earth Group, Inc.'s revenue has grown significantly by 15% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.03 reflects profitable operations.
BRLT Revenue Growth, EPS Growth & YoY Performance
BRLT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $93.9M | -$466.0K | $-0.03 |
| Q3 2025 | $99.9M | -$107.0K | $0.01 |
| Q2 2025 | $105.4M | -$166.0K | $0.01 |
| Q1 2025 | $93.9M | $139.0K | $0.01 |
| Q3 2024 | $99.9M | -$141.0K | $0.01 |
| Q2 2024 | $105.4M | $96.0K | $0.01 |
| Q1 2024 | $97.3M | -$52.0K | $0.00 |
| Q3 2023 | $111.4M | $245.0K | $0.02 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Brilliant Earth Group, Inc. Dividends, Buybacks & Capital Allocation
BRLT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Brilliant Earth Group, Inc. (CIK: 0001866757)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BRLT
What is the AI rating for BRLT?
Brilliant Earth Group, Inc. (BRLT) has a Combined AI Grade of C from Claude (D) and ChatGPT (B) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BRLT's key strengths?
Claude: Strong gross margin of 54.3% indicates viable product pricing and market demand. Zero long-term debt eliminates financial leverage risk. ChatGPT: Strong gross margin of 57.5% indicates healthy product-level economics and brand pricing power. Debt-free balance sheet with $79.09M in cash provides financial flexibility.
What are the risks of investing in BRLT?
Claude: Negative operating income and negative operating cash flow of -$18.8M indicate core business is unprofitable. Free cash flow of -$19.3M means company is burning cash at unsustainable rate with 3-year runway remaining. ChatGPT: Negative operating margin and net margin show the company is currently unprofitable at the earnings level. Very low equity base and ROE of -29.6% suggest weak capital efficiency and limited balance sheet cushion.
What is BRLT's revenue and growth?
Brilliant Earth Group, Inc. reported revenue of $99.5M.
Does BRLT pay dividends?
Brilliant Earth Group, Inc. pays dividends, with $3.8M distributed to shareholders in the trailing twelve months.
Where can I find BRLT SEC filings?
Official SEC filings for Brilliant Earth Group, Inc. (CIK: 0001866757) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BRLT's EPS?
Brilliant Earth Group, Inc. has a diluted EPS of $-0.10.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is BRLT's fundamental grade?
Based on our AI fundamental analysis in June 2026, Brilliant Earth Group, Inc. has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is BRLT stock overvalued or undervalued?
Valuation metrics for BRLT: ROE of -13.2% (sector avg: 15%), net margin of -1.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is BRLT's AI grade for 2026?
Our dual AI analysis gives Brilliant Earth Group, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BRLT's free cash flow?
Brilliant Earth Group, Inc.'s operating cash flow is $-18.8M, with capital expenditures of $555.0K. FCF margin is -19.4%.
How does BRLT compare to other Market stocks?
Vs Default sector averages: Net margin -1.5% (avg: 12%), ROE -13.2% (avg: 15%), current ratio 1.58 (avg: 1.8).