Brilliant Earth (BRLT) reported Q1 2026 net sales of $99.5 million, surpassing forecasts by achieving 6% year-over-year growth, despite a negative adjusted EBITDA of -$4.7 million. Fine jewelry was a significant growth driver, with bookings up 33%, and the company plans to open two new showrooms by year-end. Management remains optimistic about future profitability, forecasting higher profitability in subsequent quarters, with analysts predicting the company will be profitable for the full year 2026.
Short interest in Brilliant Earth Group (NASDAQ:BRLT) decreased by 15.1% in March, falling to 143,182 shares. The company recently missed earnings expectations, reporting an EPS of -$0.06 against an anticipated $0.02, and revenue of $124.41 million, slightly below estimates. Analysts have a "Reduce" consensus rating with an average target price of $1.74 for BRLT.
SAN FRANCISCO, Nov. 24, 2025 ( GLOBE NEWSWIRE ) -- Brilliant Earth Group, Inc. ( "Brilliant Earth" or the "Company" ) ( NASDAQ:BRLT ) , an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in upcoming investor events.
