Brilliant Earth Group, Inc.
BRLT Consumer Cyclical Luxury Goods
Brilliant Earth Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $437.5 million, up 3.63% from fiscal 2024. In the quarter to June 2026, revenue grew 5.67%, EPS grew 100.0% and free cash flow grew 109.0%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Brilliant Earth Group, Inc. (BRLT) Altman Z-score
Brilliant Earth Group, Inc.'s Altman Z-score for fiscal 2025 is 2.52, in the grey zone (1.81–2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 2.52 | 0.29 |
| FY2024 | 2.23 | (0.19) |
| FY2023 | 2.42 | (0.33) |
| FY2022 | 2.75 | (1.01) |
| FY2021 | 3.76 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.27 | — | 0.33 | |
| Retained earnings / total assets | (0.01) | — | −0.02 | |
| EBIT / total assets | (0.03) | — | −0.09 | |
| Market value of equity / total liabilities | 0.21 | — | 0.13 | |
| Sales / total assets | 2.18 | — | 2.18 | |
| Altman Z-score | Grey zone | 2.52 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 2.25 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| ELA Envela Corporation compare | 11.4× |
| SORA AsiaStrategy compare | 3.8× |
| MOV Movado Group Inc. compare | 3.8× |
| CPRI Capri Holdings Limited compare | 3.5× |
| SIG Signet Jewelers Limited compare | 3.1× |
| BRLT Brilliant Earth Group, Inc. | 2.5× |
| LUXE LuxExperience B.V. - Sponsored ADR compare | 2.3× |
| REAL The RealReal, Inc. compare | −1.7× |
| LANV Lanvin Group Holdings Limited compare | −4.4× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets