Filing Flows › Health Care › BullFrog AI Holdings (BFRG)
BullFrog AI Holdings (BFRG) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · BullFrog AI Holdings (BFRG) Q2 2026 earnings results →
Q2 2026 Revenue up 548% year over year to $215K · 637¢ of every $1 of revenue lost · operating margin -658.8%
BullFrog AI Holdings made $215K in Q2 2026 (+548% Y/Y). Operating margin -658.8%, net loss $1.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $215K in Q2 2026, up 548% year over year.
Gross margin was 49.6%, up 30.0 points from Q2 2025. Operating costs exceeded revenue by $1.4M, an operating margin of -658.8%. Operating expenses grew 3% against revenue growth of 548%. The fastest-growing cost line was General & admin (+19%). The quarter ended with a net loss of $1.4M.
Operating cash flow was −$1.5M. Non-cash charges added back $0K of depreciation and $110K of share-based compensation. Working capital and other items used $252K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $215K | +548% | -658.8% | −$1.4M | −$1.5M |
| Q3 2025 | 10-Q | Nov 14, 2025 | $83K | — | n/m | −$1.6M | −$1.1M |
| Q2 2025 | 10-Q | Aug 13, 2025 | $33K | — | n/m | −$1.4M | −$1.4M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About BullFrog AI Holdings
BullFrog AI Holdings, Inc. was incorporated in the State of Nevada in February 2020. BullFrog AI Holdings, Inc. is the parent company of BullFrog AI, Inc. and BullFrog AI Management, LLC, which were incorporated in Delaware and Maryland, in 2017 and 2021, respectively. All our operations are currently conducted through BullFrog AI Holdings, Inc. The Company’s principal business address is 325 Ellington Blvd, Unit 317, Gaithersburg, MD 20878. Our website address is www.bullfrogai.com . The references to our website in this Annual Report on Form 10-K (the “Form 10-K”) are inactive textual references only. The information on our website is not incorporated into this Form 10-K.
In its own words, from its 10-K, filed Mar 19, 2026.
BullFrog AI Holdings against its Pharmaceutical Preparations peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +548% against the peers' median +10%. Operating margin: -658.8% against the peers' median 20.4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| BFRG BullFrog AI Holdings | Q2 2026 | $215K | +548% | -658.8% |
| JNJ Johnson & Johnson | Q3 2026 | $25.4B | +6% | 0.1% |
| LLY ELI Lilly | Q3 2026 | $24.4B | +39% | 34.5% |
| MRK Merck | Q3 2026 | $18.1B | +5% | 30.7% |
| ABBV AbbVie | Q3 2026 | $17.4B | +10% | 36.0% |
| PFE Pfizer | Q3 2026 | $16.6B | -0.4% | 20.4% |
| BMY Bristol Myers Squibb | Q3 2026 | $13.1B | +7% | 19.4% |
| ABT Abbott Laboratories | Q3 2026 | $13.0B | +14% | 10.4% |
| REGN Regeneron Pharmaceuticals | Q3 2026 | $5.1B | +36% | 40.0% |
Source: BullFrog AI Holdings 10-Q on SEC EDGAR · CIK 1829247 · Pharmaceutical Preparations
13F: who owns BFRG and who is buying
More on BFRG
History
Every quarter: Q2 2026 results · Q3 2025 results · Q2 2025 results