| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 115.11 | 15.7% | 5.7% |
| Total Income | 115.11 | 15.7% | 5.7% |
| Expenditure | 114.67 | 5.8% | 4.1% |
| PBT | 0.84 | 109.9% | 186.6% |
| Net Profit | 0.02 | 101.3% | 111.8% |
| OPM | 0.39% | 9.31pp | 1.50pp |
| NPM | 0.02% | 1.54pp | 0.17pp |
| EPS | 0.00 | 100.0% | 100.0% |
Brilliant Earth Reports Q2 2026 Results, Raises Annual Profitability Guidance
06 Aug 2026 · 6 Aug, 4:27 pm
Summary
Brilliant Earth Group, Inc. announced strong second quarter 2026 results, with Net Sales reaching $115.1 million and Adjusted EBITDA at $5.8 million, both exceeding guidance. The company demonstrated significant operational improvements, including a 360 basis points sequential increase in Gross Margin to 57.9% and 250 basis points of year-over-year leverage in adjusted operating expenses. Fine jewelry bookings saw a robust 32% year-over-year growth, highlighting successful diversification efforts. Based on this performance and confidence in the remainder of the year, Brilliant Earth has raised its annual profitability guidance.
Key Highlights
- 1
Brilliant Earth reported Net Sales of $115.1 million for the second quarter of 2026, exceeding the high end of the Company's guidance range.
- 2
The company achieved a Gross Margin of 57.9% in the second quarter, representing a 360 basis points sequential improvement.
- 3
Fine jewelry bookings grew by 32% year-over-year, indicating continued success in diversification beyond bridal.
- 4
Second quarter 2026 GAAP Net income was $0.8 million, and Adjusted EBITDA was $5.8 million, exceeding guidance.
- 5
Brilliant Earth opened its 43rd showroom in San Antonio, featuring the second iteration of its new flagship concept, the Showroom of the Future.
- 6
The company drove 250 basis points of year-over-year leverage in adjusted operating expense as a percentage of Net Sales.
- 7
Annual profitability guidance has been raised due to strong second quarter performance and confidence in the second half of the year.
Management Comments
Beth Gerstein
We're thrilled with our second quarter results, with both Net Sales and Adjusted EBITDA well exceeding our guidance range. Our team's ability to drive top line growth, expand gross margin and improve operating expense leverage is the level of execution that continues to be a key differentiator for Brilliant Earth. Fine jewelry continues to outperform and drive our intentional diversification beyond bridal. And the evolution, and elevation, of our retail strategy continues, with the opening of our new San Antonio showroom, the second iteration of our new showroom concept. Our second quarter results highlight the strengths of our premium brand, seamless omnichannel customer experience, and asset-light, data driven business model.
Jeff Kuo
Given our strong second quarter performance and confidence in the second half of the year, we are raising our annual profitability guidance.
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