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Reported August 11, 2026 · After market close

Revenue$63.0MMiss by $1.6M
EPS$0.06Miss by $0.01
Revenue estimate$64.6M
EPS estimate$0.07
We delivered another strong quarter, where revenue increased 25% and adjusted EBITDA grew 17% year-over-year, reflecting the continued strength of our brand, customer engagement strategy, and operating model. Same store sales growth increased 4.2%, or 15.1% on a two-year basis, despite lapping a particularly strong 10.9% same store sales growth comparison from the prior year, underscoring the resilience of customer demand and the consistency of our overall performance. During the quarter, we opened 10 new locations, reaching 200 stores systemwide, while continuing to execute against our disciplined expansion strategy. Deepening guest engagement, fostering a people-oriented culture and growing our market presence remain key priorities. During the quarter, we continued to invest in initiatives to expand opportunities to engage with our customers, including new and exciting menu offerings, loyalty segmentation and daypart-based offers, and extended operating hours. At the same time, we continue to grow our presence and build brand awareness in our existing markets, while the visibility provided by our largely committed 2026 and 2027 development pipeline reinforces our confidence in the significant expected whitespace opportunity ahead. Combined with the strength of our high-performing, culture-driven team and growing leadership pipeline, we believe we are well positioned to scale and deliver sustainable long-term growth.
Mark Davis

Next report

Nov 10, 2026 (in 2 months)
Revenue estimate$66.9M
EPS estimate$0.07

Financials

Q2 2026

Income statement

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Revenue$63.0M+25.0%
Gross profit$19.1M+28.0%
Operating income$4.1M+25.6%
Net income$1.2M
EPS (diluted)$0.06

Balance sheet

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Cash & equivalents$16.0M+9.1%
Total debt$191.0M
Total equity$54.6M
Total assets$392.4M

Cash flow

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Operating cash flow$12.4M+149%
CapEx$16.9M+98.8%
Free cash flow-$4.5M-28.5%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$202.53M-52.9%
Enterprise value$377.6M
P/E280.5×
P/S0.9×

Profitability

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Gross margin29.8%+1.4pp
Operating margin1%
Net margin0.3%+0.2pp
FCF margin-17.9%-37.6pp

Returns & leverage

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Debt / equity3.5×
Current ratio0.7×

Segments

By segment

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Reportable Segment$63.0M+25.0%

By product

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Store revenue$62.9M+25.0%

FAQ

When did Black Rock Coffee Bar report Q2 2026 earnings?
Black Rock Coffee Bar (BRCB) reported Q2 2026 earnings on August 11, 2026 after market close.
What were Black Rock Coffee Bar's Q2 2026 revenue and EPS?
Black Rock Coffee Bar reported revenue of $63.0M and eps of $0.06 for Q2 2026.
Did Black Rock Coffee Bar beat estimates in Q2 2026?
Revenue missed the consensus estimate of $64.6M by $1.6M. EPS missed the consensus estimate of $0.07 by $0.01.
Where can I find Black Rock Coffee Bar's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-055690) and the 10-Q periodic report (0001628280-26-055868) directly on SEC EDGAR. The filing index links above go to sec.gov.