Flagship explainer

How BRC Group Holdings, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$789M · 100%Cost of revenue$145M · 18%Gross profit$644M · 82%Operating income$75.6M · 10%Income before tax$230M · 29%Income tax−$9.9M · −1%Net income$307M · 39%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$789M100%
Cost of revenue$145M18%
$644M82%
$75.6M10%
Income before tax$230M29%
Income tax−$9.9M−1%
$307M39%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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