---
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"
generated_at: "2026-06-11T23:30:59.647627+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brilliant Earth Q2 net sales $110.2M (+1.3%), adjusted EPS $0.04; raises FY profitability outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866757-23-000155
- JSON: https://secwatch.observer/filing/0001866757-23-000155.json
- Plain text: https://secwatch.observer/filing/0001866757-23-000155.txt

## Key facts
- Earnings Releases
  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.
  - Period: three months ended June 30, 2023
  - Revenue: $110.2 million
  - Net income: $1.2 million
  - EPS: $0.01 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1866757/000186675723000155/0001866757-23-000155-index.htm

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