# Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $110M  
**Price:** $6.45 (+3.04%)

> Black Rock Coffee Bar, Inc. is a rapidly expanding operator of drive-thru coffee bars, primarily focused on serving premium roasted coffees, teas, smoothies, and proprietary energy drinks. Founded in 2008 and headquartered in Scottsdale, Arizona, the company has grown from a single compact drive-thru location to a recognized national brand with 158 stores across seven U.S. states as of June 2025. Distinguished by a guest-centric approach, Black Rock Coffee Bar emphasizes community connection and exceptional in-store experiences crafted by engaging baristas. It operates exclusively through company-owned locations, making it the largest fully company-owned coffee retailer in the U.S. Its business model targets high growth, with consistent same-store sales increases and a robust digital presence—including a loyalty program that has garnered over 1.8 million members, accounting for a majority of transaction volume. Black Rock Coffee Bar plays a significant role in the non-alcoholic beverages and consumer staples sector, appealing to evolving consumer trends for convenience, quality, and community-oriented service in the highly competitive coffee industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $200M | — | $901,000 | -$60,000 | — |
| 2024 | $161M | — | $6M | -$7M | — |
| 2023 | $133M | — | $2M | -$9M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $336M | $232M | $46M | $28M | $28M |
| 2024 | $213M | $230M | -$258M | $10M | $89M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2M | $35M | -$33M |
| 2024 | $13M | $22M | -$9M |
| 2023 | $5M | $16M | -$11M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BRCB)