Basic earnings per share is computed by dividing net loss applicable to Brilliant Earth Group, Inc. by the weighted average shares of Class A common stock outstanding (and Class D common stock, if outstanding) during the period. Diluted earnings per share is computed by adjusting the net loss available to Brilliant Earth Group, Inc. and the weighted average shares outstanding to give effect to potentially dilutive securities. Shares of Class B and Class C common stock are not entitled to receive any distributions or dividends and are therefore excluded from this presentation since they are not participating securities.

Basic and diluted earnings per share of Class A common stock have been computed as follows (in thousands, except share and per share amounts):


	Three Months Ended March 31,
Numerator:		2026		2025
Net loss attributable to Brilliant Earth Group, Inc., BASIC and DILUTED		$	(1,511)	$	(466)




Denominator:
Weighted average shares of common stock outstanding, BASIC and DILUTED		15,811,843		14,111,624






BASIC earnings per share		$	(0.10)	$	(0.03)
DILUTED earnings per share		$	(0.10)	$	(0.03)

For the three months ended March 31, 2026 and 2025, the dilutive earnings per share calculation excludes the loss impact from assumed redemption of all LLC Units and any income tax impact on the net loss attributable to the non-controlling interest since the Company is in a net loss position and these adjustments would be antidilutive.

For the three months ended March 31, 2026 and 2025, the dilutive impact of LLC Units, unvested LLC Units, and RSUs were not included in the computation of diluted earnings per share as the effect would be anti-dilutive.

The following table presents the securities for the three months ended March 31, 2026 and 2025, that have been excluded from the computations of earnings per share because such impact would have been anti-dilutive:


	Three Months Ended March 31,
		2026	2025
Vested LLC Units		84,942,318	84,947,596
RSUs		3,624,231	3,587,487
Stock options		656,821	665,905
Unvested LLC Units		—	17,587