---
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"
generated_at: "2026-06-15T04:56:56.519015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Brilliant Earth Q1 net sales $97.7M, gross margin 54.9%, beats guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866757-23-000095
- JSON: https://secwatch.observer/filing/0001866757-23-000095.json
- Plain text: https://secwatch.observer/filing/0001866757-23-000095.txt

## Key facts
- Earnings Releases
  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.
  - Period: the three months ended March 31, 2023
  - Revenue: $97.7 million
  - Net income: $0.4 million
  - EPS: $0.00
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1866757/000186675723000095/0001866757-23-000095-index.htm

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