Filing Flows › Big Digital Energy (BGDE) › Q1 2026
Big Digital Energy (BGDE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Big Digital Energy (BGDE) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), -65% from a year earlier and +49% from the quarter before. Operating margin was -169.1%, net earnings $610K (12.7% of revenue).
Big Digital Energy, Q1 2026: revenue $4.8M (-65% year over year), operating margin -169.1%, net earnings $610K, operating cash flow −$17.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | +49% | -65% |
| Operating profit | −$8.2M | — | -1513% |
| Net earnings | $610K | — | — |
| Operating cash flow | −$17.1M | — | — |
What changed
Revenue was $4.8M in Q1 2026, down 65% year over year and up 49% from the previous quarter. Digital Colocation Revenue was the largest line at 73% of revenue. Digital Colocation Revenue lost $6.9M year over year (down 66%), 77% of the total change.
Gross margin was 20.9%, down 22.0 points from Q1 2025. Operating costs exceeded revenue by $8.2M, an operating margin of -169.1%. Operating expenses grew 71% against a revenue fall of 65%. Net earnings were $610K. The effective tax rate was 17.8%. Non-operating items added $8.9M, 1198% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$17.1M. Non-cash charges added back $1.2M of depreciation and amortization and $426K of share-based compensation. Working capital and other items used $19.4M. Capital expenditures of $32K exceeded it, leaving free cash flow of −$17.2M.
Questions
What was Big Digital Energy's revenue in the first quarter 2026?
Big Digital Energy (BGDE) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), -65% from a year earlier and +49% from the quarter before.
Was Big Digital Energy profitable in the first quarter 2026?
Operating loss was $8.2M (-169.1% of revenue) and net earnings $610K.
Source: Big Digital Energy 10-Q on SEC EDGAR.