Brilliant Earth (BRLT) Gross Margin (2020 - 2026)
Brilliant Earth (BRLT) reported Gross Margin of 54.34% for Q1 2026, down 429.0% on a YoY basis from 16.52% in Q1 2025, and down 2.74% quarter-over-quarter from 55.87% in Q4 2025.
Brilliant Earth (BRLT) Gross Margin (2020 - 2026) Analysis & Trends
Brilliant Earth has reported Gross Margin for 7 years, with the latest figure at 54.34% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 429.0% year-over-year to 54.34%; the trailing twelve-month figure through Mar 2026 stood at 56.54% (down 344.0% YoY), and the FY2025 full-year result was 57.49%, down 277.0% from the prior year.
- Gross Margin for Q1 2026 stood at 54.34%, down from 55.87% in the prior quarter.
- The five-year high for Gross Margin was 60.85% in Q3 2024, with the low at 50.1% in Q1 2022.
- Historically, Gross Margin has averaged 56.96% across 5 years, with a median of 57.62% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 496 bps — and 2026, when it slumped 429 bps.
- Brilliant Earth's Gross Margin stood at 54.7% in 2022, then advanced by 7 bps to 58.71% in 2023, then climbed by 2 bps to 59.61% in 2024, then slipped by 6 bps to 55.87% in 2025, then retreated by 3 bps to 54.34% in 2026.
- The last three Gross Margin figures came in at 54.34% (Q1 2026), 55.87% (Q4 2025), and 57.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 29.56 Bn | 28.49 Bn | 1.48 Bn | 76.88% |
| 2 | Signet Jewelers | 3.64 Bn | 2.76 Bn | 985.10 Mn | 42.01% |
| 3 | Capri Holdings | 2.42 Bn | 2.27 Bn | 623.00 Mn | 60.78% |
| 4 | TheRealReal | 1.48 Bn | 1.36 Bn | 141.33 Mn | 74.50% |
| 5 | Movado | 851.68 Mn | 622.56 Mn | 103.63 Mn | 54.09% |
| 6 | Envela | 711.92 Mn | 673.30 Mn | 20.62 Mn | 20.96% |
| 7 | LuxExperience B.V | 18.43 Mn | -337.64 Mn | 329.37 Mn | 45.49% |
| 8 | Brilliant Earth | 17.08 Mn | 18.33 Mn | 54.07 Mn | 54.34% |
| 9 | Lanvin Group Holdings | 212,903.55 | -35.02 Mn | - | - |
| 10 | Birks | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.34% |
| Dec 31, 2025 | 55.87% |
| Sep 30, 2025 | 57.55% |
| Jun 30, 2025 | 58.29% |
| Mar 31, 2025 | 58.63% |
| Dec 31, 2024 | 59.61% |
| Sep 30, 2024 | 60.85% |
| Jun 30, 2024 | 60.78% |
| Mar 31, 2024 | 59.90% |
| Dec 31, 2023 | 58.71% |
| Sep 30, 2023 | 58.54% |
| Jun 30, 2023 | 57.62% |
| Mar 31, 2023 | 54.94% |
| Dec 31, 2022 | 54.70% |
| Sep 30, 2022 | 54.68% |
| Jun 30, 2022 | 53.14% |
| Mar 31, 2022 | 50.10% |
| Dec 31, 2021 | 51.09% |
| Sep 30, 2021 | 50.42% |
| Jun 30, 2021 | 48.47% |