Brilliant Earth (BRLT)
Digital-first seller of configurable diamond rings and fine jewelry.
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Sells made-to-order engagement rings and fine jewelry through a digital platform, virtual consultations, and U.S. showrooms. A virtual diamond inventory, traceable sourcing, and an Up-C ownership structure shape its retail model.
Sells made-to-order engagement rings, wedding and anniversary bands, gemstone rings, and fine jewelry through its website, virtual consultations, and U.S. showrooms. Customers configure a setting, precious metal, size, and a natural or lab-grown center stone before production. An in-house design function and virtual diamond inventory support broad selection while reducing finished engagement-ring inventory.
Operates a U.S.-centered, omnichannel retail model, with showrooms providing appointments and product viewing alongside the digital order workflow. Traceable sourcing, lab-grown alternatives, repurposed precious metals, supplier oversight, and its Beyond Conflict Free standard are part of the customer proposition. Its Up-C structure separates economic ownership from voting power, leaving public Class A holders with limited influence over stockholder votes.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Mar 6, 2026 | B.Riley Financial | Target | Target: — | Target: $1.50 |
| Mar 6, 2026 | Keybanc | Downgrade | ||
| Mar 6, 2026 | B. Riley Securities | Downgrade | ||
| Mar 5, 2026 | Jefferies | Target | Target: $1.60 | Target: $1.85 |
| Feb 4, 2025 | Jefferies | Downgrade | Target: — | Target: $1.60 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $74.9M · Total debt $41.9M · Total assets $196.7M · Shareholders' equity $12.2M
- Revenue
- $115.1M
- Operating income
- $446.0K
- Net income
- $20.0K
HistoryDividendAnnual yield
| Institutions | 4.17% | 4.25M shares | |
|---|---|---|---|
| 37 holders · as of Jun 30, 2026 | |||
| Strategic holders | 31.28% | 31.85M shares | |
| 1 holder · as of Aug 26, 2026 | |||
| Other | 64.55% | 65.72M shares | |
| remainder | |||
101.82M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (101.82M in the company's Sep 23, 2026 report, 63.93M elsewhere); stakes use the report.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Mainsail GP Iii, LLCStrategic10 percent owner | 31.28% | 31.85M B | filed Aug 26, 2026 |
Capital World InvestorsInstitution | 1.03% | 1.05M A | as of Jun 30, 2026 |
Ameriprise Financial IncInstitution | 0.84% | 859,824 A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 0.51% | 524,321 A | as of Jun 30, 2026 |
Russell Investments Group, Ltd.Institution | 0.38% | 391,359 A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | Eric Scott Grossberg | director, 10 percent owner, officer: Executive Chairman | +381 | $1.26 |
| Aug 18, 2026 | Eric Scott Grossberg | director, 10 percent owner, officer: Executive Chairman | +9,619 | $1.27 |
| Aug 19, 2026 | Beth Tamara Gerstein | director, 10 percent owner, officer: Chief Executive Officer | +3,203 | $1.26 |
| Aug 18, 2026 | Beth Tamara Gerstein | director, 10 percent owner, officer: Chief Executive Officer | +6,797 | $1.25 |
| Aug 17, 2026 | Sharon Dziesietnik | officer: Chief Operations Officer | −10,124 | $1.27 |
- Signet Jewelers
Broadest rival across digital bridal, diamond jewelry, and retail.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Brilliant Earth | $1.40 | −0.71% | $90.1M | — | 15.7 | 0.2 | +5.7% |
| Signet Jewelers | $101.80 | +1.37% | $3.95B | 11.6 | 8.1 | 0.6 | −0.5% |
| Median | 11.6 | 8.1 | 0.6 | −0.5% |