Black Rock Coffee Bar, Inc. Class A (BRCB) Q2 2026 Earnings Report

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Previous Report: Q1 2026

BRCB Q2 2026 EPS Results

Actual EPS$0.06

Consensus EPS$0.07

Beat/MissMissed by -<$0.01

One Year Ago EPS-$0.02

BRCB Q2 2026 Revenue Results

Actual Revenue$63.00M

Expected Revenue$64.58M

Beat/MissMissed by -$1.58M

YoY Revenue Growth―

Earnings Announcement Details

QuarterQ2 2026

Date08/11/2026

TimeAfter Close

Conference CallTuesday, August 11, 2026

BRCB Upcoming Earnings

Black Rock Coffee Bar, Inc. Class A's next earnings date is estimated for November 17, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

BRCB Q2 2026 Earnings Call

0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026

Earnings Call Date:Aug 11, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented multiple strong operational and financial positives: robust revenue (+25% YoY), expanding store-level margins (+70 bps), raised unit guidance and an uplift in digital and loyalty metrics. Management was transparent about near-term headwinds — notably a Q2 transactions decline, incremental public-company SG&A and higher store operating costs — and emphasized these are being managed and are expected to leverage over time. Given the breadth and magnitude of growth metrics, margin expansion at the store level, raised guidance, and evident execution on development and loyalty initiatives, the highlights meaningfully outweigh the lowlights.

Company Guidance

Management raised full-year openings to at least 38 (from 36) and guided total revenue of $255–257 million (~27% YoY), mid‑single‑digit same‑store sales, adjusted EBITDA of $34–35 million (up ~24%–27% YoY) with H2 adjusted EBITDA growth of 28%–35% versus last year; capital expenditures are expected to be $42–43 million including $15–16 million of tenant‑improvement allowances (or $57–59 million excluding TI), with about $13–14 million (≈30% of capex) directed to the 2027 pipeline, and management reiterated long‑term targets of ~20% annual unit growth, 20%+ revenue growth, mid‑single‑digit comps, adjusted EBITDA growth outpacing revenue, and a 1,000‑store objective by 2035.

Strong Revenue Growth

Total revenue of $63.0M in Q2 2026, up 25% year-over-year. Company reaffirmed and guided full-year revenue to $255M–$257M, ~27% growth year-over-year.

Same-Store Sales Strength and Multi-Year Stack

Same-store sales increased 4.2% versus prior year and 15.1% on a two-year basis; this marks the 14th consecutive quarter of positive same-store sales.

Unit Expansion and Raised Store Guidance

Opened 10 new stores in the quarter to reach 200 system-wide (42 openings over last four quarters, ~27% unit growth). Raised 2026 new store guidance to at least 38 (from 36) and remains on track to pursue long-term 1,000-store goal by 2035.

Improved Store-Level Profitability

Store-level profit grew 28.1% to $19.0M and store-level margins expanded 70 basis points to 30.2%. Beverage, food and packaging costs improved by 220 basis points to 26.9% of revenue, driven by disciplined procurement and execution.

Digital, Loyalty and Menu Momentum

Digital sales grew sequentially to 17.2% of sales. Loyalty participation reached 68% of transactions. Food is ~13% of product mix; seasonal and new items (e.g., grilled cheese moved from test to permanent) are contributing to afternoon/evening daypart growth. Fuel category increased from ~25% to ~27% of mix.

Adjusted EBITDA Growth and Upgraded Guidance

Consolidated adjusted EBITDA was $9.4M, up 17% year-over-year. Company raised adjusted EBITDA guidance to $34M–$35M (24%–27% YoY) and expects 2H26 EBITDA growth of 28%–35% vs. prior year.

Balance Sheet and Liquidity Positioning

Ended the quarter with $16M cash and full access to a $25M revolving credit facility; term loan balance of $19.6M. Management emphasized ample liquidity to fund new-store growth and deliberate capital allocation (30% of 2026 capital directed to 2027 pipeline).

BRCB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 17, 2026	2026 (Q3)	0.06 / -	-0.05	―
Aug 11, 2026	2026 (Q2)	0.07 / 0.06	-0.02	400.00% (+0.08)
May 12, 2026	2026 (Q1)	0.03 / 0.02	―	―
Mar 03, 2026	2025 (Q4)	0.02 / 0.04	―	―
Nov 11, 2025	2025 (Q3)	-0.12 / -0.05	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed