Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Brilliant Earth Group, Inc.BRLT · consumer durables | |
|---|---|
| Grade |  Cmiddle fifth of 460 graded peers; percentile 47.9, sampling error 2.3 points; lower is stronger |
| Rank | 217 of 460 |
| Profitability | Cpercentile 45.0 |
| Solvency | Bpercentile 33.6 |
| Growth and financing | Dpercentile 67.0 |
| Reliability | 0.87 AUCfailure model, filers with $120M to $591M assets; 95% interval 0.83 to 0.90; 206 events, 2020 to 2025 |
| Peer failure rate | 1.03% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $120M to $591M assetstotal assets $200.9M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none active · fortress balance sheetnot computable: dilution, distress |
| Inputs computable | 9 of 14 |
| Graded from | filings received through Mar 17, 2026206 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $1.472026-10-07; market equity $14.1M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Mar 17, 2026; the document on sec.gov.
Brilliant Earth is an innovative, digitally native omnichannel jewelry company, and a global leader in ethically sourced fine jewelry. We offer exclusive designs with superior craftsmanship and supply chain transparency, delivered to customers through a highly personalized omnichannel experience. Our extensive collection of premium-quality diamond engagement and wedding rings, gemstone rings, and fine jewelry is conceptualized by our leading in-house design studio and then brought to life by expert jewelers. From our award-winning jewelry designs to our responsibly sourced materials, at Brilliant Earth we aspire to exceptional standards in everything we do.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 45.0 | |||||||
| Gross profitability | 125.2% | [1,5] | 34.4% | 2.3 | 476 | 2025-12-31 | |
| Return on invested capital | not computable | 8.9% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Accruals ratio | (5.5%) | [1,6-8] | (5.1%) | 48.3 | 525 | 2025-12-31 | |
| Gross margin stability, five years | 3.9 pts | [2,5,9-16] | 1.7 pts | 84.5 | 407 | 2025-12-31 | |
| Solvency, sleeve percentile 33.6 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| liabilities and a nearby cover-page share count are required at 2026-06-30 | |||||||
| Altman Z double-prime | 1.67 | [1,17-22] | 2.11 | 53.9 | 402 | 2025-12-31 | |
| Net debt to EBITDA | (107.90x) | [3-4,20,23] | 2.11x | 0.0 | 187 | 2025-12-31 | |
| Interest coverage | not computable | 2.57x | |||||
| latest aligned inputs end 2023-12-31; latest annual assets end 2025-12-31 | |||||||
| Current ratio | 1.61x | [17-18] | 1.55x | 47.0 | 541 | 2025-12-31 | |
| Growth and financing, sleeve percentile 67.0 | |||||||
| Revenue growth, three-year compound | (0.2%) | [2,10,12,14] | 1.4% | 56.1 | 482 | 2025-12-31 | |
| Free cash flow growth, three-year compound | 2.2% | [7,24-30] | 8.3% | 62.7 | 250 | 2025-12-31 | |
| Reinvestment rate | not computable | 12.0% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Asset growth, three years | (8.5%) | [1,8,31-32] | 2.0% | 82.1 | 487 | 2025-12-31 | |
| Net share issuance, one year | not computable | (0.3%) | |||||
| two annual share counts are required; found 0 | |||||||
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.032; sampling error 2.3 percentile points on 460 peers.
Among 460 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 212 | Universal Corp. (UVV) Universal Corp. (UVV) Cmiddle fifth; percentile 47.1 NYSE · Wholesale-Farm Product Raw Materials market equity $1.1B; last close $43.08 Warnings: late filer; 10 of 14 inputs | 47.1 | C | late filer |
| 213 | Hormel Foods Corp. (HRL) Hormel Foods Corp. (HRL) Cmiddle fifth; percentile 47.2 NYSE · Meat Packing Plants last close $19.41 No active warnings; 10 of 14 inputs | 47.2 | C | |
| 214 | Amcor plc (AMCR) Amcor plc (AMCR) Cmiddle fifth; percentile 47.3 NYSE · Miscellaneous Manufacturing Industries last close $41.88 No active warnings; 12 of 14 inputs | 47.3 | C | |
| 215 | Scansource, Inc. (SCSC) Scansource, Inc. (SCSC) Cmiddle fifth; percentile 47.5 Nasdaq · Wholesale-Computers & Peripheral Equipment & Software market equity $1.2B; last close $59.20 Warnings: fortress balance sheet; 9 of 14 inputs | 47.5 | C | fortress balance sheet |
| 216 | Lowes Companies Inc. (LOW) Lowes Companies Inc. (LOW) Cmiddle fifth; percentile 47.9 NYSE · Retail-Lumber & Other Building Materials Dealers market equity $106.0B; last close $188.80 No active warnings; 13 of 14 inputs | 47.9 | C | |
| 217 | Brilliant Earth Group, Inc. (BRLT) Brilliant Earth Group, Inc. (BRLT) Cmiddle fifth; percentile 47.9 Nasdaq · Jewelry, Silverware & Plated Ware market equity $14.0M; last close $1.47 Warnings: fortress balance sheet; 9 of 14 inputs | 47.9 | C | fortress balance sheet |
| 218 | Altria Group, Inc. (MO) Altria Group, Inc. (MO) Cmiddle fifth; percentile 48.0 NYSE · Cigarettes market equity $119.3B; last close $71.43 No active warnings; 12 of 14 inputs | 48.0 | C | |
| 219 | Yum China Holdings, Inc. (YUMC) Yum China Holdings, Inc. (YUMC) Cmiddle fifth; percentile 48.2 NYSE · Retail-Eating Places market equity $14.3B; last close $41.81 No active warnings; 9 of 14 inputs | 48.2 | C | |
| 220 | Koss Corp. (KOSS) Koss Corp. (KOSS) Cmiddle fifth; percentile 48.6 Nasdaq · Household Audio & Video Equipment market equity $34.9M; last close $3.75 No active warnings; 9 of 14 inputs | 48.6 | C | |
| 221 | Group 1 Automotive Inc. (GPI) Group 1 Automotive Inc. (GPI) Cmiddle fifth; percentile 48.6 NYSE · Retail-Auto Dealers & Gasoline Stations market equity $2.8B; last close $236.71 No active warnings; 9 of 14 inputs | 48.6 | C | |
| 222 | Oxford Industries Inc. (OXM) Oxford Industries Inc. (OXM) Cmiddle fifth; percentile 48.8 NYSE · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments market equity $381.6M; last close $25.48 No active warnings; 8 of 14 inputs | 48.8 | C |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | C | 49.0 | 2204 |
| sector peers, equal sleeves (the grade) | C | 47.9 | 460 |
| same exchange, equal sleeves | C | 48.9 | 1219 |
| sector peers, equal inputs | C | 48.4 | 460 |
Each letter is one fifth of the 460 graded peers, about 92 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-07 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (31.9%) | (0.2%) | 16 | hotter than 16 of 100 peers |
| Distance from 52-week high | (47.9%) | (25.6%) | 19 | closer to its high than 19 of 100 peers |
| EBIT to enterprise value | not computable | 5.0% | enterprise value must exceed $100,000 | |
| Free cash flow yield | 41.1% | 4.6% | 99 | pricier than 1 of 100 peers |
| Book value to price | 0.87 | 0.45 | 73 | pricier than 27 of 100 peers |
| Sales to price | 31.27 | 1.49 | 99 | pricier than 1 of 100 peers |
| Composite equity issuance, five years | not computable | (16.0%) | required accounting or market input is missing | |
| Relative strength against the sector, log excess return | (0.36) | (0.01) | 17 | ahead of 17 of 100 peers |
Inputs: market equity $14.0M; EBIT -$5.4M; free cash flow $5.8M; book equity $12.2M; sales $437.5M; debt $0; cash $74.9M[33].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | (1.3%) | ✗ fail[6,8] |
| Operating cash flow above zero | $9.7M | ✓ pass[7] |
| Return on assets improved | (1.5 pts) | ✗ fail[6,8,31,34] |
| Operating cash flow exceeds net income | $13.4M | ✓ pass[6-7] |
| Long-term leverage fell | (18.0 pts) | ✓ pass[1,8,31,35-36] |
| Current ratio improved | (109.8 pts) | ✗ fail[17-18,37-38] |
| No new shares issued | n/a | |
| Gross margin improved | (2.8 pts) | ✗ fail[2,5,9-10] |
| Asset turnover improved | 1.2 pts | ✓ pass[2,8,10,31] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $74.9M[39] |
| Operating cash flow, four quarters | $6.4M[7,39-43] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 64 |
| 10-Q received Aug 6, 2026 | |
| Median daily dollar volume | $84,084 |
| 63 sessions | |
| Days since newest grade input | 206 |
Downloads [top]
|
Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $200.9M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $437.5M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 3 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $79.1M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 4 | total debt | us-gaap:LongTermDebt | $0 | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 5 | gross profit | us-gaap:GrossProfit | $251.5M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 6 | net income | us-gaap:NetIncomeLoss | -$3.6M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 7 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $9.7M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 8 | assets | us-gaap:Assets | $281.2M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $254.4M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $422.2M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $257.0M | 2023-12-31 | 2025-03-13 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $446.4M | 2023-12-31 | 2025-03-13 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $234.3M | 2022-12-31 | 2024-03-28 | 10-K | filing · viewer · series |
| 14 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $439.9M | 2022-12-31 | 2024-03-28 | 10-K | filing · viewer · series |
| 15 | gross profit | us-gaap:GrossProfit | $187.4M | 2021-12-31 | 2023-03-21 | 10-K | filing · viewer · series |
| 16 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $380.2M | 2021-12-31 | 2023-03-21 | 10-K | filing · viewer · series |
| 17 | current assets | us-gaap:AssetsCurrent | $144.7M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 18 | current liabilities | us-gaap:LiabilitiesCurrent | $90.1M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 19 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$2.6M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 20 | operating income | us-gaap:OperatingIncomeLoss | -$5.4M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 21 | book equity | us-gaap:StockholdersEquity | $12.3M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 22 | liabilities | us-gaap:Liabilities | $121.3M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 23 | depreciation amortization | us-gaap:Depreciation | $6.1M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 24 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $4.0M | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 25 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $17.6M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 26 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $4.9M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 27 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $26.2M | 2023-12-31 | 2025-03-13 | 10-K | filing · viewer · series |
| 28 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $11.9M | 2023-12-31 | 2025-03-13 | 10-K | filing · viewer · series |
| 29 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $14.5M | 2022-12-31 | 2024-03-28 | 10-K | filing · viewer · series |
| 30 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $9.1M | 2022-12-31 | 2024-03-28 | 10-K | filing · viewer · series |
| 31 | assets | us-gaap:Assets | $273.6M | 2023-12-31 | 2025-03-13 | 10-K | filing · viewer · series |
| 32 | assets | us-gaap:Assets | $262.6M | 2022-12-31 | 2024-03-28 | 10-K | filing · viewer · series |
| 33 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 9,583,332 | 2021-11-09 | 2021-11-12 | 10-Q | filing · viewer · series |
| 34 | net income | us-gaap:NetIncomeLoss | $541,000 | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 35 | long term debt | us-gaap:LongTermDebtNoncurrent | $0 | 2025-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 36 | long term debt | us-gaap:LongTermDebtNoncurrent | $50.0M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 37 | current assets | us-gaap:AssetsCurrent | $211.4M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 38 | current liabilities | us-gaap:LiabilitiesCurrent | $78.2M | 2024-12-31 | 2026-03-17 | 10-K | filing · viewer · series |
| 39 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $74.9M | 2026-06-30 | 2026-08-06 | 10-Q | filing · viewer · series |
| 40 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$1.4M | 2026-06-30 | 2026-08-06 | 10-Q | filing · viewer · series |
| 41 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$18.8M | 2026-03-31 | 2026-05-07 | 10-Q | filing · viewer · series |
| 42 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $2.6M | 2025-09-30 | 2025-11-05 | 10-Q | filing · viewer · series |
| 43 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.9M | 2025-06-30 | 2026-08-06 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 47.9 is 7.9 points from the nearest band edge; sampling error is 2.3 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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