Black Rock Coffee Bar, Inc.BRCB

NasdaqConsumer SpendingRetail-Eating & Drinking Places
Price (close)
$7.19
Market cap
$152.6M
P/E
99.3x
Revenue (TTM)
$223.6M
Net income
$1.5M
Dividend yield
—
1-year total return
-71.3%
Net margin
0.7%
Revenue growth
24.6%
Debt / equity
0.56x

What Black Rock Coffee Bar, Inc. does.

We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 181 locations spanning seven states as of December 31, 2025, from the Pacific Northwest to Texas.

We were founded as a drive-thru only concept and evolved to include engaging seating areas, which we call “lobbies.” All of our locations include efficient drive-thrus and approximately 73% of our locations include lobbies as of December 31, 2025. We expect most of our new locations to include both drive-thrus and lobbies as we continue to grow. Our modern, inviting store formats—paired with a robust digital platform—allow us to deliver a dynamic and multi-faceted guest experience.

Driven by a passion for Connection, Caffeine, and Community, Black Rock is a platform to do well by our baristas, guests, and the communities we serve. With a relentless focus on people and excellence, our culture has been key to our success.

Revenue and profit, by fiscal year.

Fiscal year2022202320242025
Revenue—$133.2M$160.9M$200.3M
Net income—-$8.8M-$7.2M-$60,000
Free cash flow—-$11.0M-$8.9M-$32.7M

More on BRCB.

Figures from Black Rock Coffee Bar, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.