StockWatch
·
Consumer Specialties
Quarterly ResultAug 6, 2026, 06:57 AM

Brilliant Earth Q2 Net Sales $115.1M; Raises Annual Profitability Guidance

AI Summary

Brilliant Earth Group, Inc. reported strong second quarter 2026 financial results, with Net Sales reaching $115.1 million and Adjusted EBITDA of $5.8 million, both exceeding the high end of their guidance range. The company achieved a 5.7% year-over-year net sales growth and an 81.3% increase in Adjusted EBITDA. Following this performance, Brilliant Earth has raised its annual profitability guidance, reflecting confidence in its business model and continued diversification into fine jewelry.

Key Highlights

  • Q2 Net Sales reached $115.1 million, a 5.7% increase year-over-year.
  • Q2 Adjusted EBITDA was $5.8 million, an 81.3% increase year-over-year.
  • Gross Margin for Q2 was 57.9%, improving 360 basis points sequentially.
  • Fine jewelry bookings grew 32% year-over-year, diversifying beyond bridal.
  • Opened 43rd showroom in San Antonio, a new flagship concept.
  • Q2 GAAP Net Income was $0.8 million, up significantly from a loss.
  • Raised full-year Adjusted EBITDA guidance to $13 million to $15 million.