---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-004356"
form_type: "8-K"
ticker: "RILY"
cik: "0001464790"
company_name: "BRC Group Holdings, Inc."
filed_at: "2026-01-14T23:59:59+00:00"
generated_at: "2026-05-16T10:24:19.567709+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BRC Group swings to Q3 profit: net income $89.1M ($2.91 EPS) vs loss; debt reduced $120M+

## Summary
- Net income available to common shareholders $89.1M ($2.91 diluted EPS) vs loss of $286.4M ($(9.39) EPS) in Q3 2024.
- Total revenues $277.9M (up from $175.4M); Capital Markets segment revenues $116.2M vs $(24.7M) prior year.
- Capital Markets segment income $60.7M (vs loss $62.3M); Wealth segment income improved to $7.2M from $0.8M.
- Total debt $1.44B, net debt $702.9M; reduced net debt by over $120M in Q3 via bond exchanges and asset appreciation.
- Filed all three Q 2025 Form 10-Qs within 120 days, achieving Nasdaq compliance ahead of January 2026 deadline.

## SEC filing metadata
- accession: 0001213900-26-004356
- form_type: 8-K
- ticker: RILY
- cik: 0001464790
- company_name: BRC Group Holdings, Inc.
- filed_at: 2026-01-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464790/000121390026004356/0001213900-26-004356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464790/000121390026004356/ea0272850-8k_brcgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-004356
- JSON: https://secwatch.observer/filing/0001213900-26-004356.json
- Plain text: https://secwatch.observer/filing/0001213900-26-004356.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.