Brilliant Earth Group, Inc. announced its financial results for the fourth quarter and full fiscal year ended December 31, 2024. The company delivered Q4 2024 net sales at the high end of its guidance range and achieved a 10% year-over-year total order growth.
For Q4 2024, Brilliant Earth exceeded profitability expectations, with gross margin increasing by 90 basis points year-over-year to 59.6%. GAAP Diluted EPS was $0.02 and Adjusted Diluted EPS was $0.04. For the full fiscal year 2024, net sales reached $422 million, with GAAP Diluted EPS of $0.02 and Adjusted Diluted EPS of $0.07.
The company provided its outlook for the first quarter and full year 2025. Q1 2025 net sales are projected between $92 million and $95 million, with Adjusted EBITDA between $0.5 million and $2.0 million. Full-year 2025 net sales are expected to be $425 million to $440 million, and Adjusted EBITDA is anticipated to be $13 million to $18 million.
Coinciding with its landmark 20th anniversary, Brilliant Earth released its 2024 Mission Report, celebrating two decades of innovation and impact. The report highlighted the company’s ongoing commitment to transparency, sustainability, compassion, and inclusivity, reinforcing its role as an industry leader.
Key achievements noted in the Mission Report included the launch of the Jane Goodall Collection in 2024, which supports conservation efforts, and the validation of the company's net-zero emissions reduction targets by the Science Based Targets initiative. These initiatives underscore Brilliant Earth's dedication to its ethical brand DNA.
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