Filing Flows › Big Digital Energy (BGDE) › Q3 2025
Big Digital Energy (BGDE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Big Digital Energy (BGDE) reported revenue of $13.2M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +38% from the quarter before. Operating margin was 12.0%, net earnings $328K (2.5% of revenue).
Big Digital Energy, Q3 2025: revenue $13.2M (+7% year over year), operating margin 12.0%, net earnings $328K, operating cash flow −$845K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.2M | +38% | +7% |
| Gross profit | $8.6M | +118% | +98% |
| Operating profit | $1.6M | — | — |
| Net earnings | $328K | — | — |
| Operating cash flow | −$845K | — | — |
What changed
Revenue was $13.2M in Q3 2025, up 7% year over year and up 38% from the previous quarter. Digital Colocation Revenues was the largest line at 54% of revenue. Energy Management Revenue added $3.5M year over year (up 176%), 403% of the total change. Digital Assets Mining Revenue declined 30%.
Gross margin was 65.0%, up 29.9 points from a year earlier. Operating profit was $1.6M, a 12.0% margin (up 104.5 points year over year). Operating expenses fell 56% while revenue rose 7%. Net earnings were $328K. The effective tax rate was 22.3%.
Operating cash flow was −$845K. Non-cash charges added back $1.3M of depreciation and amortization. Working capital and other items used $2.5M. Capital expenditures of $15K exceeded it, leaving free cash flow of −$860K.
Questions
What was Big Digital Energy's revenue in the third quarter 2025?
Big Digital Energy (BGDE) reported revenue of $13.2M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +38% from the quarter before.
Was Big Digital Energy profitable in the third quarter 2025?
Operating profit was $1.6M (12.0% of revenue) and net earnings $328K.
Source: Big Digital Energy 10-Q on SEC EDGAR.