{"schema_version":"secwatch.filing_event.v1","accession":"0001866757-23-000095","form_type":"8-K","ticker":"BRLT","cik":"0001866757","company_name":"Brilliant Earth Group, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.382264+00:00","generated_at":"2026-06-15T04:56:56.519015+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Brilliant Earth Q1 net sales $97.7M, gross margin 54.9%, beats guidance","bullets":["Net sales $97.7M (-2.3% YoY); total orders +10.1% to 35,631; AOV -11.3% to $2,742.","Gross margin expanded 480 bps to 54.9%; net loss $0.4M vs net income $3.4M a year ago.","Adjusted EBITDA $5.5M (5.7% margin); GAAP diluted EPS $0.00; adjusted diluted EPS $0.03.","Results exceeded high end of guidance for both revenue and Adjusted EBITDA; FY 2023 outlook reiterated.","Opened three new showrooms in Q1, bringing total U.S. showroom count to 28."],"urls":{"canonical":"https://secwatch.observer/filing/0001866757-23-000095","json":"https://secwatch.observer/filing/0001866757-23-000095.json","markdown":"https://secwatch.observer/filing/0001866757-23-000095.md","text":"https://secwatch.observer/filing/0001866757-23-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000095/0001866757-23-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000095/brlt-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:56:56.519015+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bced431f6d594d6a19bc0c90db68de05aa81a28f","claim":"Brilliant Earth Group, Inc. reported the three months ended March 31, 2023 results: revenue $97.7 million, net income $0.4 million, EPS $0.00. Guidance reaffirmed.","evidence_excerpt":"today announced financial results for the three months ended March 31, 2023. First Quarter 2023 Highlights (quarterly period ended March 31, 2023): • Delivered net sales of $97.7 million, a 2.3% decrease from the prior year , achieving a record level of orders for the first quarter and reflecting growing demand for and resonance of the Brilliant Earth brand. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000095/0001866757-23-000095-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$97.7 million"},{"label":"Net income","value":"$0.4 million"},{"label":"EPS","value":"$0.00"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}