Brilliant Earth Q1 sales rise 6% to $99.5 million; net loss widens to $8.5 million
Brilliant Earth reported first-quarter 2026 net sales of $99.5 million, up 6.0% from a year earlier and at the high end of its guidance range. The company posted a GAAP net loss of $8.5 million, compared with $3.3 million a year earlier, and adjusted EBITDA of negative $4.7 million, versus positive $1.1 million. It reiterated its 2026 annual guidance.
Key points
- Net sales of $99.5 million, up 6.0% year over year; total orders up 2.5% and average order value up 3.3%
- Fine jewelry bookings grew 33% year over year
- Gross margin was 54.3%, down from 58.6%; GAAP diluted EPS was -$0.10, compared with -$0.03
- Second-quarter adjusted EBITDA outlook of $0.5 million to $2 million; full-year net sales growth outlook of positive mid-single-digit percent, with profitability slightly lower than 2025
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
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