---
schema_version: "secwatch.filing_event.v1"
accession: "0001464790-26-000045"
form_type: "8-K"
ticker: "RILY"
cik: "0001464790"
company_name: "BRC Group Holdings, Inc."
filed_at: "2026-08-06T20:03:03+00:00"
generated_at: "2026-08-06T20:04:18.784090+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BRC Group Q2 net income $18.5M, down from $137.5M; Operating Adj EBITDA $66.0M, highest since Q3 2023

## Summary
- Q2 net income available to common shareholders $18.5M ($0.45 diluted EPS) vs $137.5M ($4.50) in prior year; year-to-date net income $229.8M, up 83%.
- Operating Adjusted EBITDA of $66.0M in Q2, highest since Q3 2023, up from $43.3M in prior year.
- Net Debt reduced by $341.7M in first six months to $285.2M; Total Debt down to $1.28B.
- Wealth Management segment revenues up 50% YoY to $58.0M; segment income swung to $17.5M from loss of $1.3M.
- B. Riley Securities helped clients raise $8.5B in combined equity and debt capital in Q2, including $3.5B equity issuance (highest in over 4 years).

## SEC filing metadata
- accession: 0001464790-26-000045
- form_type: 8-K
- ticker: RILY
- cik: 0001464790
- company_name: BRC Group Holdings, Inc.
- filed_at: 2026-08-06T20:03:03+00:00
- event_type: earnings
- sentiment: neutral
- 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/1464790/000146479026000045/0001464790-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464790/000146479026000045/rily-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001464790-26-000045
- JSON: https://secwatch.observer/filing/0001464790-26-000045.json
- Plain text: https://secwatch.observer/filing/0001464790-26-000045.txt

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