Filing Flows › Birchtech (BCHT) › Q2 2025
Birchtech (BCHT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Birchtech (BCHT) reported revenue of $3.3M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +1% from the quarter before. Operating margin was -36.4%, net loss $1.5M (47.4% of revenue).
Birchtech, Q2 2025: revenue $3.3M (-3% year over year), operating margin -36.4%, net loss $1.5M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3M | +1% | -3% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $3.3M in Q2 2025, down 3% year over year and up 1% from the previous quarter. Product Revenue was the largest line at 100% of revenue. Product Revenue lost $58K year over year (down 2%), 54% of the total change.
Gross margin was 29.8%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -36.4%. Operating expenses fell 54% while revenue fell 3%. The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $1.7M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $92K of depreciation and amortization and $19K of share-based compensation. Working capital and other items used $301K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Birchtech's revenue in the second quarter 2025?
Birchtech (BCHT) reported revenue of $3.3M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +1% from the quarter before.
Was Birchtech profitable in the second quarter 2025?
Operating loss was $1.2M (-36.4% of revenue) and net loss $1.5M.
Source: Birchtech 10-Q on SEC EDGAR.