Filing Flows › Birchtech (BCHT) › Q2 2026
Birchtech (BCHT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Birchtech (BCHT) reported revenue of $3.8M for the second quarter 2026 (Q2 2026), +16% from a year earlier and -11% from the quarter before. Operating margin was -42.8%, net loss $3.0M (79.6% of revenue).
Birchtech, Q2 2026: revenue $3.8M (+16% year over year), operating margin -42.8%, net loss $3.0M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | -11% | +16% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $3.8M in Q2 2026, up 16% year over year and down 11% from the previous quarter. Product Revenue was the largest line at 91% of revenue. Equipment Revenue added $258K year over year (up 55582%), 48% of the total change.
Gross margin was 27.2%, down 2.5 points from Q2 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -42.8%. Operating expenses grew 23% against revenue growth of 16%. The fastest-growing cost line was Research & development (+29%). The quarter ended with a net loss of $3.0M, wider than the previous quarter's $1.3M loss.
Operating cash flow was −$2.8M. Non-cash charges added back $96K of depreciation and amortization. Capital expenditures of $122K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Birchtech's revenue in the second quarter 2026?
Birchtech (BCHT) reported revenue of $3.8M for the second quarter 2026 (Q2 2026), +16% from a year earlier and -11% from the quarter before.
Was Birchtech profitable in the second quarter 2026?
Operating loss was $1.6M (-42.8% of revenue) and net loss $3.0M.
Source: Birchtech 10-Q on SEC EDGAR.