earnings
confidence high
sentiment positive
materiality 0.85
BRC Group Q1 2026 net income $211.3M, EPS $6.57 vs loss a year ago; debt cut $129M
BRC Group Holdings, Inc.
2026-Q1 EPS reported
$6.57
revenue$352,060,000
- Net income available to common shareholders $211.3M vs ($12.0M) in Q1 2025; diluted EPS $6.57 vs ($0.39).
- Total revenues $352.1M, up from $186.1M, driven by trading gains in Capital Markets ($172.1M vs $2.1M).
- Adjusted EBITDA $262.2M; Operating Adjusted EBITDA $34.6M vs ($5.6M) year ago.
- Total debt reduced $128.9M to $1.30B; Net Debt fell $254.6M to $372.4M at March 31, 2026.
- Plan announced to repurchase minority shares of B. Riley Securities and merge with B. Riley Wealth by year-end.
item 2.02item 9.01