Brilliant Earth (BRLT) Gross Margin (2020 - 2026)
Brilliant Earth's (BRLT) quarterly Gross Margin came in at 54.34% in Q1 2026, down 429.0% YoY from 16.52% in Q1 2025, and down 2.74% on a QoQ basis from 55.87% in Q4 2025.
Brilliant Earth (BRLT) Gross Margin (2020 - 2026) Analysis & Trends
Brilliant Earth (BRLT) has 7 years of Gross Margin data on file, last reported at 54.34% in Q1 2026.
- Quarterly Gross Margin fell 429.0% year-over-year to 54.34% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 56.54% (down 344.0% YoY) and the FY2025 annual result came in at 57.49%, down 277.0% from the prior year.
- Gross Margin declined to 54.34% in Q1 2026, from 55.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 60.85% in Q3 2024 to a low of 50.1% in Q1 2022.
- A 5-year average of 56.96% and a median of 57.62% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 496 bps — and 2026, when it slumped 429 bps.
- Tracing BRLT's Gross Margin over 5 years: 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 | 26.15 Bn | 24.99 Bn | 1.56 Bn | 83.32% |
| 2 | Signet Jewelers | 3.73 Bn | 3.13 Bn | 556.50 Mn | 35.82% |
| 3 | Capri Holdings | 1.87 Bn | 1.73 Bn | - | - |
| 4 | TheRealReal | 1.33 Bn | 1.22 Bn | 143.20 Mn | 74.36% |
| 5 | LuxExperience B.V | 1.07 Bn | 703.47 Mn | 329.37 Mn | 45.49% |
| 6 | Movado | 805.20 Mn | 574.66 Mn | 103.63 Mn | 54.09% |
| 7 | Envela | 419.96 Mn | 376.52 Mn | 13.38 Mn | 23.56% |
| 8 | Lanvin Group Holdings | 132.35 Mn | 94.30 Mn | - | - |
| 9 | AsiaStrategy | 67.74 Mn | 48.66 Mn | - | - |
| 10 | Brilliant Earth | 22.13 Mn | -52.95 Mn | 66.64 Mn | 57.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 57.90% |
| 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% |