Brilliant Earth Group (NASDAQ:BRLT) reported record-breaking fourth-quarter revenue on Thursday, though the results failed to meet Wall Street’s profitability expectations.
The San Francisco-based ethically sourced jewelry retailer posted a quarterly net loss of $1.3 million, or 19 cents per share on a GAAP basis.
When adjusted for non-recurring items, the company reported a loss of 6 cents per share, falling short of the 2-cent profit per share projected by analysts surveyed by Zacks Investment Research.
Quarterly net sales reached an all-time high of $124.4 million, a 4% increase year-over-year, driven by a 34% surge in fine jewelry bookings.
However, revenue narrowly missed the $125.6 million consensus estimate as the company navigated rising precious metal prices and tariff-related headwinds that compressed gross margins.
For the full year 2025, Brilliant Earth reported a net loss of $6.4 million on revenue of $437.5 million.
Despite the bottom-line miss, management issued a positive outlook for 2026, forecasting mid-single-digit sales growth as it continues to expand its retail showroom footprint.