Black Rock Coffee Bar, Inc.
Black Rock Coffee Bar, Inc. (Nasdaq: BRKC) operates as a rapidly expanding beverage retailer specializing in premium coffee and energy drinks served through a differentiated drive-thru model. The company's website is br.coffee. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Black Rock Coffee Bar, Inc. does
In the company’s own words
Black Rock Coffee Bar, Inc. (Nasdaq: BRKC) operates as a rapidly expanding beverage retailer specializing in premium coffee and energy drinks served through a differentiated drive-thru model. The company's website is br.coffee.
Founded in 2008 in Beaverton, Oregon, Black Rock has grown to become the largest fully company-owned coffee retailer in the United States, operating 181 locations across seven states as of December 31, 2025, spanning from the Pacific Northwest to Texas. The company employs approximately 2,800 team members across its stores, roasting facilities, and corporate operations.
Black Rock's core business centers on guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience. All locations feature efficient drive-thrus, with approximately 73 percent including modern lobbies designed as community hubs. The company's beverage platform emphasizes high-quality arabica coffee beans sourced from Brazil, Ethiopia, Uganda, Mexico, and Honduras, roasted in small batches at two company-owned facilities in Tempe, Arizona and Vancouver, Washington. The menu includes classic espresso-based drinks, signature creations, and cold brew options, complemented by an all-day breakfast platform.
A significant revenue driver is Fuel, the company's proprietary line of iced and frozen energy drinks, which accounted for approximately 24 percent of total revenue for the year ended December 31, 2025. The company's loyalty program, launched in June 2024, has achieved strong adoption with loyalty transactions representing approximately 63 percent of total sales by year-end 2025.
Black Rock operates a fully company-owned model with no franchised locations. The average new store investment cost was approximately $860,000 in 2025, or approximately $650,000 net of tenant improvement allowances. The company maintains a people-first culture emphasizing employee development, career advancement, and profit-sharing eligibility beginning at the Assistant Store Lead level.
The company's growth strategy focuses on expanding its store footprint in new and existing markets, continuous menu innovation, technology-enabled loyalty programs, and leveraging its infrastructure including roasting facilities and supply chain capabilities to support scalable growth.
Company details
- Sector
- Consumer Discretionary
- Industry
- Retail
- Headquarters
- SCOTTSDALE, AZ
- Fiscal year end
- December
- CIK
- 2068577
- SIC
- 5810
Financial performance, year by year
Fiscal 2025–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Black Rock Coffee Bar, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Black Rock Coffee Bar, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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