---
schema_version: "secwatch.filing_event.v1"
accession: "0001464790-26-000022"
form_type: "8-K"
ticker: "RILY"
cik: "0001464790"
company_name: "BRC Group Holdings, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:08:34.244386+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BRC Group (RILY) reports Q4 net income $84.8M, FY net income $299.4M; debt cut $346.6M

## Summary
- Q4 net income available to common shareholders $84.8M vs $0.9M prior year; basic EPS $2.77.
- FY net income $299.4M vs loss $772.3M prior year; basic EPS $9.80.
- Total debt reduced by $346.6M to $1.43B; net debt $627M at Dec 31, 2025.
- Total revenues Q4 $278.4M, FY $967.6M; Adjusted EBITDA Q4 $104.2M, FY $231.1M.
- Capital Markets segment income Q4 $53.2M vs $3.8M prior year; Communications Business Group FY income $47.4M.

## SEC filing metadata
- accession: 0001464790-26-000022
- form_type: 8-K
- ticker: RILY
- cik: 0001464790
- company_name: BRC Group Holdings, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464790/000146479026000022/0001464790-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464790/000146479026000022/rily-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001464790-26-000022
- JSON: https://secwatch.observer/filing/0001464790-26-000022.json
- Plain text: https://secwatch.observer/filing/0001464790-26-000022.txt

## Key facts
- Earnings Releases
  BRC Group Holdings, Inc. reported financial results for the fiscal quarter and year ended December 31, 2025.
  - Period: the fiscal quarter and year ended December 31, 2025
  - Result: reported results
  source text: On March 31, 2026 , BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) (the “Company”) issued a press release reporting its financial results for the fiscal quarter and year ended December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464790/000146479026000022/0001464790-26-000022-index.htm

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