Revenue: As of FY2025 Q3, the actual value is USD 51.47 M.EPS: As of FY2025 Q3, the actual value is USD -0.05.EBIT: As of FY2025 Q3, the actual value is USD -3.536 M.<h3>Segment Revenue</h3><ul><li>Total revenue for the third quarter of 2025 was $51.5 million, representing a 24.2% increase compared to the prior year period.</li><li>Same Store Sales increased by 10.8% compared to the prior year period.</li></ul><h3>Operational Metrics</h3><ul><li>Income (Loss) from Operations was - $6.4 million, compared to $3.1 million in the prior year period.</li><li>Store-Level Profit was $15.2 million, compared to $11.7 million in the prior year period.</li><li>Selling, General, and Administrative Expense was $17.2 million, or 33.3% of total revenue, compared to $4.9 million in the prior year period.</li><li>Adjusted Selling, General, and Administrative Expense was $6.9 million, or 13.3% of total revenue, compared to $5.4 million in the prior year period.</li><li>Net Loss was - $16.2 million, compared to a Net Loss of - $0.7 million in the prior year period.</li><li>Consolidated Adjusted EBITDA was $6.9 million, compared to $5.1 million in the prior year period.</li><li>Store-level profit was $15.2 million, up 30.7% over the prior year, with a store-level profit margin of 29.6%, which is 150 basis points favorable year-over-year.</li><li>Beverage, food, and packaging costs were $14.3 million, or 27.8% of total revenue, and 40 basis points favorable year-over-year.</li><li>Store-level labor costs were $10.8 million, or 21% of total revenue, and 120 basis points favorable year-over-year.</li><li>Occupancy and related expenses were $4 million, or 7.8% of total revenue, and remained margin neutral year-over-year.</li><li>Pre-opening costs were $1.5 million, or 2.9% of total revenue.</li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $2.9 million for the nine months ended September 30, 2025, compared to net cash provided by operating activities of $9.1 million in the prior year period.</li><li>Net cash used in investing activities was - $23.2 million, compared to - $18.6 million in the prior year period.</li><li>Net cash provided by financing activities was $48.5 million, compared to $5.2 million in the prior year period.</li><li>As of September 30th, 2025, Black Rock Coffee Bar had cash and cash equivalents of $32.6 million and a total debt position of $18.9 million, resulting in a net cash position of $13.7 million.</li></ul><h3>Unique Metrics</h3><ul><li>Black Rock Coffee Bar successfully closed its initial public offering of 16,911,764 shares of Class A common stock at a public offering price of $20.00 per share, with net proceeds aggregating approximately $306.5 million.</li><li>Same store sales growth was 10.8% in the third quarter, with same store transaction growth of 6.1%.</li><li>The loyalty rewards platform participation rate continued to increase, contributing to a 6.1% same store transaction growth.</li></ul><h3>Outlook / Guidance</h3><ul><li>For the full year 2025, Black Rock Coffee Bar expects 30 new store openings, total revenue in the range of $199 to $200 million, same store sales growth in the high-single digits, consolidated adjusted EBITDA in the range of $26.5 to $27 million, and capital expenditures in the range of $30 to $32 million.</li><li>Despite ongoing macroeconomic uncertainty, the company remains confident in its outlook for the year, supported by strong comp momentum and strategic initiatives.</li><li>Long-term growth targets include 20% new unit growth, 20% plus revenue growth, mid-single digit same store sales growth, and Adjusted EBITDA growth greater than revenue growth.</li></ul>

Black Rock Coffee Bar | 8-K: FY2025 Q3 Revenue: USD 51.47 M