Revenue: As of FY2025, the actual value is USD 967.6 M.

EPS: As of FY2025, the actual value is USD 9.8.

EBIT: As of FY2025, the actual value is USD 164.61 M.

Financial and Operational Metrics for BRC Group Holdings, Inc.

Net Income Available to Common Shareholders

Net income available to common shareholders for the fourth quarter of 2025 was $84,821 thousand, a significant increase from $877 thousand in Q4 2024 . For the full year 2025, it reached $299,355 thousand, up from a net loss of - $772,334 thousand in Full Year 2024 .

Adjusted EBITDA

Adjusted EBITDA for the fourth quarter of 2025 was $104,213 thousand, a substantial improvement from - $113,838 thousand in Q4 2024 . For the full year 2025, it was $231,115 thousand, up from - $568,292 thousand in Full Year 2024 .

Operating Adjusted EBITDA

Operating Adjusted EBITDA for the fourth quarter of 2025 was $20,473 thousand, an increase from $15,210 thousand in Q4 2024 . The full year 2025 figure was $112,088 thousand, up from $100,903 thousand in Full Year 2024 .

Operating Expenses (Total)

Total operating expenses in the fourth quarter of 2025 were $217,529 thousand, down from $345,373 thousand in Q4 2024 . For the full year 2025, total operating expenses were $892,018 thousand, a decrease from $1,243,968 thousand in Full Year 2024 .

Operating Income (Loss)

Operating income for the fourth quarter of 2025 was $60,834 thousand, a significant improvement from - $166,791 thousand in Q4 2024 . For the full year 2025, operating income was $75,581 thousand, up from - $497,547 thousand in Full Year 2024 .

Debt and Cash Position

Total debt as of December 31, 2025, was $1.43 billion, reduced by $346.6 million from $1.77 billion at December 31, 2024 . Net debt stood at $627.0 million, a substantial decline of $436.7 million from $1.06 billion at December 31, 2024 . Cash, cash equivalents, and restricted cash were $229.3 million as of December 31, 2025, down from $247.3 million at December 31, 2024 .

Investments

Securities and other investments owned totaled $446.8 million as of December 31, 2025, an increase from $282.3 million at December 31, 2024 . Total investments were $520.5 million, up from $432.6 million at December 31, 2024, primarily driven by appreciation in public equities .

Segment Revenues (in thousands)

• Capital Markets: Q4 2025 revenue was $92,588, up from $48,364 in Q4 2024; Full Year 2025 revenue was $264,712, up from $217,668 in Full Year 2024 .
• Wealth Management: Q4 2025 revenue was $47,270, down from $48,032 in Q4 2024; Full Year 2025 revenue was $175,572, down from $200,746 in Full Year 2024 .
• Lingo: Q4 2025 revenue was $42,998, up from $41,878 in Q4 2024; Full Year 2025 revenue was $164,148, down from $195,886 in Full Year 2024 .
• magicJack: Q4 2025 revenue was $9,025, down from $10,163 in Q4 2024; Full Year 2025 revenue was $37,934, down from $42,845 in Full Year 2024 .
• Marconi Wireless: Q4 2025 revenue was $7,937, down from $10,078 in Q4 2024; Full Year 2025 revenue was $34,784, down from $41,207 in Full Year 2024 .
• UOL: Q4 2025 revenue was $3,008, down from $3,769 in Q4 2024; Full Year 2025 revenue was $13,145, down from $15,133 in Full Year 2024 .
• Communications Business Group (CBG) Combined: Q4 2025 revenue was $63,000, down from $65,900 in Q4 2024; Full Year 2025 revenue was $250,000, down from $295,100 in Full Year 2024 .
• Consumer Products: Q4 2025 revenue was $49,186, slightly down from $49,858 in Q4 2024; Full Year 2025 revenue was $181,540, down from $202,597 in Full Year 2024 .

Segment Income (Loss) (in thousands)

• Capital Markets: Q4 2025 income was $53,230, up from $3,836 in Q4 2024; Full Year 2025 income was $89,486, up from - $18,783 in Full Year 2024 .
• Wealth Management: Q4 2025 income was $7,651, up from $2,303 in Q4 2024; Full Year 2025 income was $15,246, up from $6,430 in Full Year 2024 .
• Lingo: Q4 2025 income was $3,846, up from $1,379 in Q4 2024; Full Year 2025 income was $13,136, up from $326 in Full Year 2024 .
• magicJack: Q4 2025 income was $4,253, down from $4,265 in Q4 2024; Full Year 2025 income was $18,567, up from $18,431 in Full Year 2024 .
• Marconi Wireless: Q4 2025 income was $3,302, up from $1,782 in Q4 2024; Full Year 2025 income was $9,410, down from $9,833 in Full Year 2024 .
• UOL: Q4 2025 income was $1,421, down from $1,864 in Q4 2024; Full Year 2025 income was $6,302, up from $5,728 in Full Year 2024 .
• Communications Business Group (CBG) Combined: Q4 2025 income was $12,800, up from $9,300 in Q4 2024; Full Year 2025 income was $47,400, up from $34,300 in Full Year 2024 .
• Consumer Products: Q4 2025 income was - $3,970, a reduced loss from - $16,145 in Q4 2024; Full Year 2025 income was - $16,345, a reduced loss from - $52,367 in Full Year 2024 .

Outlook / Guidance

BRC Group Holdings, Inc. anticipates expanding client capacity and driving earnings across its operating businesses in 2026 . The company also aims to increase its investment portfolio value, reduce corporate costs, and continue its debt reduction efforts . These initiatives are expected to capitalize on market opportunities and improve enterprise-wide efficiencies following the resolution of operating distractions in 2025 .