Quarterly ResultMay 12, 2026, 04:07 PM
Black Rock Coffee Bar Q1 Revenue +23.7% to $55.5M; Net Income $1.8M
AI Summary
Black Rock Coffee Bar reported strong first-quarter 2026 financial results, with total revenue increasing 23.7% year-over-year to $55.5 million. The company achieved a net income of $1.8 million, a significant improvement from a net loss in the prior year, and adjusted EBITDA grew 23.5% to $7.4 million. Same store sales increased by 5.2%, and 9 new stores were opened during the quarter. The company reaffirmed its full-year 2026 guidance, including 36 new store openings and total revenue between $255 million and $257 million.
Key Highlights
- Total revenue grew 23.7% year-over-year to $55.5 million in Q1 2026.
- Net income reached $1.8 million, a 303.5% increase from a prior-year net loss.
- Adjusted EBITDA increased 23.5% to $7.4 million.
- Same Store Sales Growth was 5.2% year-over-year.
- Opened 9 new stores during the first quarter, bringing total stores to 190.
- Reaffirmed full-year 2026 revenue guidance of $255 million to $257 million.
- Reaffirmed full-year 2026 Adjusted EBITDA guidance of $33.5 million to $34.5 million.