Filing Flows › Birchtech (BCHT) › Q1 2026 › vs Q4 2025
Birchtech (BCHT) Q1 2026 vs Q4 2025 (quarter over quarter)
Birchtech's revenue rose $450K (+12%) from $3.8M in Q4 2025 to $4.2M in Q1 2026. The biggest changes: Product Revenue +$592K (+16%); Equipment Revenue −$83K (-74%); Demonstrations & Consulting revenue −$25K (-51%).
Birchtech, Q1 2026: revenue $4.2M (+32% year over year), operating margin -27.1%, net loss $1.3M, operating cash flow −$2.2M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Product Revenue | $4.2M | $3.6M | $592K | +16% |
| Equipment Revenue | $29K | $111K | −$83K | -74% |
| Demonstrations & Consulting revenue | $23K | $48K | −$25K | -51% |
| Revenue | $4.2M | $3.8M | $450K | +12% |
| Net loss | $1.3M | $593K | $753K | +127% |
| Costs & expenses | $5.6M | $5.2M | $428K | +8% |
| Operating costs | $5.4M | $5.1M | $287K | +6% |
| Interest & other, net | $196K | −$775K | $971K | — |
| Income tax | $357 | $55K | −$55K | -99% |
| Cost of revenue | $2.9M | $2.6M | $235K | +9% |
| Research & development | $551K | $470K | $81K | +17% |
| SG&A | $2.0M | $2.0M | $21K | +1% |
| Operating cash sources | $2.3M | −$850K | $3.2M | — |
| Depreciation & amortization | $94K | $94K | −$1K | -0.8% |
| Share-based compensation | $427 | $20K | −$19K | -98% |
| Cash used in operations | $2.2M | −$964K | $3.2M | — |
| Net loss absorbed | $1.3M | $593K | $753K | +127% |
| Working capital & other | $955K | −$1.4M | $2.4M | — |
Questions
How much did Birchtech's revenue grow quarter over quarter in Q1 2026?
Birchtech's revenue rose $450K (+12%) from $3.8M in Q4 2025 to $4.2M in Q1 2026.
What drove Birchtech's revenue change in Q1 2026?
Product Revenue +$592K (+16%); Equipment Revenue −$83K (-74%); Demonstrations & Consulting revenue −$25K (-51%).