Filing Flows › Birchtech (BCHT) › Q3 2025
Birchtech (BCHT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Birchtech (BCHT) reported revenue of $7.4M for the third quarter 2025 (Q3 2025), +41% from a year earlier and +126% from the quarter before. Operating margin was 11.0%, net earnings $788K (10.7% of revenue).
Birchtech, Q3 2025: revenue $7.4M (+41% year over year), operating margin 11.0%, net earnings $788K, operating cash flow $321K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4M | +126% | +41% |
| Gross profit | $4.0M | +317% | +153% |
| Operating profit | $811K | — | — |
| Net earnings | $788K | — | — |
| Operating cash flow | $321K | — | — |
| Free cash flow | $314K | — | — |
What changed
Revenue was $7.4M in Q3 2025, up 41% year over year and up 126% from the previous quarter. Product Revenue was the largest line at 64% of revenue. License revenue added $2.5M year over year (up 1853%), 116% of the total change. Product Revenue declined 7%.
Gross margin was 54.8%, up 24.3 points from a year earlier. Operating profit was $811K, a 11.0% margin (up 32.2 points year over year). Operating expenses grew 19% against revenue growth of 41%. Net earnings were $788K. The effective tax rate was 0.1%.
Operating cash flow was $321K, 41% of net earnings. Non-cash charges added back $94K of depreciation and amortization and $20K of share-based compensation. Working capital and other items used $580K. Capital expenditures of $7K left free cash flow of $314K.
Questions
What was Birchtech's revenue in the third quarter 2025?
Birchtech (BCHT) reported revenue of $7.4M for the third quarter 2025 (Q3 2025), +41% from a year earlier and +126% from the quarter before.
Was Birchtech profitable in the third quarter 2025?
Operating profit was $811K (11.0% of revenue) and net earnings $788K.
Source: Birchtech 10-Q on SEC EDGAR.