BRC Group Holdings, Inc. Reports Third Quarter 2026 Financial Results

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Through the first nine months of the year, our operating businesses demonstrated the resilience of our diversified platform, despite third-quarter declines in the value of our investment portfolio.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Over the past several months, we have taken key strategic actions to strengthen our core franchises and allocate capital toward our strongest near-term cash flow opportunities.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Earlier this week, we completed the sale of our remaining interest in GA Group. This legacy business generated significant value for our shareholders over more than a decade, and its sale sharpens our strategic focus, reduces debt, and enhances liquidity, supporting our operating businesses and a long-term approach to our investments through market dislocations.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Consistent with that focus, we agreed to acquire Sangoma, a business with predictable cash flows that will bring meaningful scale and recurring revenue to our Communications platform and is highly complementary to our existing operations, creating opportunities for operating synergies.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“We also restored full ownership of B. Riley Securities and continue to advance its integration with B. Riley Wealth.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“The third quarter was a challenging period for small- and mid-cap issuers, as rising rates and wider credit spreads weighed on transaction activity and equity capital markets issuance concentrated in the largest issuers.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Against that backdrop, B. Riley Securities and B. Riley Wealth remain focused on delivering for all of our clients and partners.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Whether that is helping navigate dislocation, creating capital markets opportunities, or providing strategic advisory, our platform is built to support our clients across every cycle.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Even as smaller average deal sizes tempered underwriting fee revenue in the quarter, we saw rising demand for our restructuring and advisory services, added two senior bankers, and expanded institutional research coverage to more than 430 companies.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“Across our segments, we benefited from expanding recurring advisory fees in Wealth Management and growing income in our Communications portfolio, while we remain focused on improving margins and profitability in Consumer Products.”

Bryant Riley, Chairman and Co-Chief Executive Officer of BRC Group Holdings

“We enter year-end with an active pipeline across equity, debt, and M&A advisory, and look forward to showcasing the full capabilities of our platform at our upcoming Convergence Conference in December.”