{"schema_version":"secwatch.filing_event.v1","accession":"0001866757-23-000155","form_type":"8-K","ticker":"BRLT","cik":"0001866757","company_name":"Brilliant Earth Group, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.917095+00:00","generated_at":"2026-06-11T23:30:59.647627+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Brilliant Earth Q2 net sales $110.2M (+1.3%), adjusted EPS $0.04; raises FY profitability outlook","bullets":["Net sales $110.2M (+1.3% YoY); orders rose 21.2% to 42,849, AOV fell 16.4% to $2,571.","Gross margin expanded 450 bps to 57.6%; net income $1.2M (down from $3.8M YoY).","Adjusted EBITDA $7.7M (margin 7.0%) vs $9.6M in Q2 2022; GAAP diluted EPS $0.01.","Opened 4 new showrooms in Q2, total U.S. showroom count 32 as of June 30, 2023.","Company raises fiscal 2023 profitability guidance, citing strong brand resonance and cost efficiencies."],"urls":{"canonical":"https://secwatch.observer/filing/0001866757-23-000155","json":"https://secwatch.observer/filing/0001866757-23-000155.json","markdown":"https://secwatch.observer/filing/0001866757-23-000155.md","text":"https://secwatch.observer/filing/0001866757-23-000155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000155/0001866757-23-000155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000155/brlt-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:30:59.647627+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":"feaa82a3663b3ab671aa0dd08f27d29863e9aa94","claim":"Brilliant Earth Group, Inc. reported three months ended June 30, 2023 results: revenue $110.2 million, net income $1.2 million, EPS $0.01 per diluted share. Guidance raised.","evidence_excerpt":"Second Quarter 2023 Financial Highlights • Net sales were $110.2 million, compared to $108.8 million in the second quarter of 2022, with 21.2% growth in Total Orders partially offset by a 16.4% decrease in AOV. • Gross profit was $63.5 million, or a 57.6% gross profit margin, compared to $57.8 million, or a 53.1% gross profit margin in the second quarter of 2022. • Net income was $1.2 million, compared to net income of $3.8 million in the second quarter of 2022. • Adjusted net income was $4.0 million, compared to $6.0 million in the second quarter of 2022 (3) . • Adjusted EBITDA was $7.7 million, compared to $9.6 million in the second quarter of 2022 (3) . 1 Second Quarter Results Q2 2023 Q2 2022 % Change Total Orders 42,849 35,366 21.2% AOV $ 2,571 $ 3,077 (16.4)% ($ in millions, except per share amounts) Net Sales $ 110.2 $ 108.8 1.3% Net income allocable to Brilliant Earth Group, Inc. (1) $ 0.1 $ 0.4 (75.0)% Net income, as reported $ 1.2 $ 3.8 (67.1)% Net income margin 1.1% 3.4% (67","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866757/000186675723000155/0001866757-23-000155-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"$110.2 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.01 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}