Brilliant Earth (BRLT) reported second-quarter 2026 net sales of $115.1 million, up 5.7% from $108.9 million a year earlier, and GAAP net income of $0.8 million versus a net loss of $1.1 million in the prior-year quarter.
The company said adjusted EBITDA was $5.8 million for the quarter, above its guidance range, and raised its full-year adjusted EBITDA outlook to $13 million to $15 million. Full-year net sales guidance was set at $459 million to $462 million.
- Quarterly period ended June 30, 2026.
- Fine jewelry bookings increased 32% year over year.
- Gross margin was 57.9%, up 360 basis points sequentially.
- GAAP diluted EPS was $0.01, compared with a loss of $0.01 per share a year earlier.
- The company opened its 43rd showroom in San Antonio.
- Third-quarter net sales growth is expected to be approximately flat year over year, with adjusted EBITDA of $3 million to $5 million.
$BRLT Insider Trading Activity
$BRLT insiders have traded $BRLT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $BRLT stock by insiders over the last 6 months:
- JENNIFER NOEL HARRIS has made 0 purchases and 2 sales selling 38,356 shares for an estimated $40,307.
- SHARON DZIESIETNIK (Chief Operations Officer) has made 0 purchases and 2 sales selling 29,811 shares for an estimated $38,613.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BRLT Hedge Fund Activity
We have seen 9 institutional investors add shares of $BRLT stock to their portfolio, and 17 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC removed 155,943 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $207,404
- KLINGMAN & ASSOCIATES, LLC removed 148,273 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $167,548
- POTOMAC CAPITAL MANAGEMENT, INC. added 74,000 shares (+30.7%) to their portfolio in Q1 2026, for an estimated $98,420
- SQUAREPOINT OPS LLC removed 62,103 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $82,596
- TWO SIGMA INVESTMENTS, LP removed 50,331 shares (-31.7%) from their portfolio in Q1 2026, for an estimated $66,940
- GEODE CAPITAL MANAGEMENT, LLC added 42,174 shares (+25.9%) to their portfolio in Q1 2026, for an estimated $56,091
- CENTIVA CAPITAL, LP added 29,949 shares (+inf%) to their portfolio in Q1 2026, for an estimated $39,832
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
