Black Rock Coffee Bar Inc. reported total revenue of $51.5 million for the third quarter ended September 30, 2025, representing a 24.2% increase compared to the prior year period. Same store sales grew by 10.8% year over year. The company opened 11 new stores during the quarter. Store-level profit was $15.2 million, up from $11.7 million in the prior year period. Adjusted selling, general, and administrative expense was $6.9 million, or 13.3% of total revenue, compared to $5.4 million in the previous year. The company reported a net loss of $16.2 million, compared to a net loss of $0.7 million in the prior year period. Consolidated adjusted EBITDA was $6.9 million, up from $5.1 million in the prior year period. Black Rock Coffee Bar also completed its initial public offering in September 2025, raising approximately $306.5 million in net proceeds.