Black Rifle Coffee Company Reports Q3 2026 Revenue Growth and Margin Expansion
Black Rifle Coffee Company (BRCC) reported third-quarter 2026 net revenue of $108 million, a 7.3% increase year-over-year. Growth was primarily driven by strong performance in wholesale channels—specifically grocery and dollar stores—and an 8.5% rise in direct-to-consumer sales fueled by third-party marketplaces. Adjusted EBITDA rose 12.3% to $9.5 million, benefiting from margin expansion despite rising freight costs. The company is undergoing significant structural changes, including a planned 38% reduction in headcount and the closure of several company-operated 'Outpost' locations to pivot toward a franchise-led model. While net loss widened to $8.7 million due to non-cash impairment charges related to Project CORE, free cash flow saw a substantial improvement of $12.9 million compared to the previous year.
Topics: direct-to-consumer EBITDA gross margin market share revenue growth wholesale revenue