[1]	(1) Basic and diluted net loss per share of Class A common stock is applicable only for the period subsequent to September 12, 2025, which is the period effective with and following the IPO and Transactions (as defined in Note 1 to the Condensed Consolidated Financial Statements, unaudited).

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income (loss)	$ 5,017	$ (1,945)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	7,385	5,826
Loss on disposal of property and equipment	165	0
Amortization of debt issuance costs and loan fees	120	728
Accrued paid-in-kind interest	0	146
Interest income from related party	0	(74)
Equity-based compensation	2,327	0
Deferred income taxes	44	0
TRA remeasurement loss	608	0
Non-cash operating lease costs	5,508	4,613
Changes in operating assets and liabilities:
Receivables, net	(11)	(210)
Inventories	(494)	(589)
Prepaid expenses and deposits	824	367
Other assets	(231)	(77)
Accounts payable	(1,154)	(70)
Accrued payroll and benefits	679	(960)
Deferred compensation	0	1,734
Accrued expenses	1,795	1,346
Gift card and loyalty program liability	(117)	(114)
Operating lease liabilities	(3,278)	(2,302)
Net cash provided by operating activities	19,187	8,419
Cash flows from investing activities:
Purchases of property and equipment	(33,151)	(15,033)
Purchase of intangible assets	(63)	(110)
Payments of initial direct costs for operating leases	(671)	0
Net cash used in investing activities	(33,885)	(15,143)
Cash flows from financing activities:
Proceeds from long-term debt	2,651	16,000
Payments on long-term debt	(384)	(528)
Payments of debt issuance costs and loan fees	0	(160)
Payments for redemption of outstanding Series A units	0	(3,429)
Unitholder distributions	0	(600)
Deferred offering costs paid	0	(146)
Net cash provided by financing activities	2,267	11,137
Net increase (decrease) in cash and cash equivalents	(12,431)	4,413
Cash and cash equivalents, beginning of period	28,406	10,227
Cash and cash equivalents, end of period	15,975	14,640
Supplemental disclosure of cash flow information:
Cash paid during the year for interest, net of capitalized interest	1,020	5,306
Income taxes paid, net of refunds	250	180
Supplemental disclosure of noncash investing and financing activities:
Deferred offering costs not yet paid	0	2,532
Property and equipment accrued in accounts payable and accrued expenses	8,104	1,667
Noncash recognition of finance obligations	$ 3,350	$ 0

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 15,975	$ 28,406
Receivables, net	4,910	3,450
Inventories	3,392	2,898
Prepaid expenses and deposits	4,539	5,363
Total current assets	28,816	40,117
Property and equipment, net	127,608	101,207
Operating lease right-of-use assets, net	147,858	126,903
Other assets	1,150	277
Goodwill	9,360	9,360
Deferred income tax asset	72,691	52,764
Intangible assets, net	4,885	5,808
Total assets	392,368	336,436
Current liabilities:
Accounts payable	10,096	12,126
Accrued expenses	10,471	7,986
Accrued payroll and benefits	7,228	6,549
Gift card and loyalty program liability	2,009	2,126
Current portion of long-term debt	1,206	835
Current portion of operating lease liabilities	9,722	8,960
Total current liabilities	40,732	38,582
Tax receivable agreement liability	61,993	38,893
Long-term debt, net of current portion	29,382	25,917
Operating lease liabilities, net of current portion	150,732	128,338
Total liabilities	282,839	231,730
Commitments and Contingencies (Note 13)
Preferred stock, par value $0.00001 per share; 20,000,000 shares authorized, no shares issued or outstanding as of June 30, 2026 and December 31, 2025, respectively	0	0
Additional paid-in capital	53,096	45,735
Retained earnings (Accumulated deficit)	1,536	(60)
Total shareholders' equity attributable to Black Rock Coffee Bar, Inc.	54,632	45,675
Noncontrolling interest	54,897	59,031
Total shareholders' equity	109,529	104,706
Total liabilities and shareholders' equity	392,368	336,436
Class A Common stock
Current liabilities:
Common stock, value, issued	0	0
Class B Common stock
Current liabilities:
Common stock, value, issued	0	0
Class C Common stock
Current liabilities:
Common stock, value, issued	$ 0	$ 0