Black Rock Coffee Bar, Inc. (Nasdaq: BRCB) reported financial results for the three and nine months ended September 30, 2026. The company announced total revenue of $66.8 million for the third quarter, representing a 29.7% increase compared to the prior year period. This growth was driven by the addition of new locations and positive same-store sales performance.
Same Store Sales Growth (SSSG) for the quarter was reported at 5.8% year-over-year, marking the company's 15th consecutive quarter of positive SSSG. The company also reported that SSSG was 16.6% on a two-year basis.
On the balance sheet, as of September 30, 2026, the company held $13.6 million in cash and cash equivalents. Total debt stood at $38.1 million, consisting of $22.5 million in borrowings under a credit facility and $15.5 million in financing obligations related to lease arrangements. The company had $4.0 million outstanding under a $25 million revolving credit facility, leaving $21.0 million of remaining borrowing capacity.
Black Rock Coffee Bar updated its full-year 2026 outlook, increasing its target for new store openings to 40. The company reaffirmed its guidance for total revenue between $255 million and $257 million, same store sales growth in the mid-single digits, and adjusted EBITDA between $34 million and $35 million.
