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Big Digital Energy (BGDE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 31, 2026

Big Digital Energy (BGDE) reported revenue of $3.2M for the fourth quarter 2025 (Q4 2025), -79% from a year earlier and -75% from the quarter before. Operating margin was -460.3%, net loss $15.7M (484.3% of revenue).

Revenue$3.2M
Year over year-79%
Quarter over quarter-75%
Operating margin-460.3%
Net earnings−$15.7M

Big Digital Energy, Q4 2025: revenue $3.2M (-78% year over year), operating margin -460.3%, net loss $15.7M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.2M-75%-79%
Operating profit−$14.9M-1042%—
Net earnings−$15.7M-4877%—
Operating cash flow−$3.5M——

What changed

Revenue was $3.2M in Q4 2025, down 79% year over year and down 75% from the previous quarter.

Operating costs exceeded revenue by $14.9M, an operating margin of -460.3%. The fastest-growing cost line was Other operating costs (+83%). The quarter ended with a net loss of $15.7M, after a profit of $328K the previous quarter.

Operating cash flow was −$3.5M. Non-cash charges added back $1.3M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items added $3.6M. Capital expenditures of $79K exceeded it, leaving free cash flow of −$3.5M.

Questions

What was Big Digital Energy's revenue in the fourth quarter 2025?

Big Digital Energy (BGDE) reported revenue of $3.2M for the fourth quarter 2025 (Q4 2025), -79% from a year earlier and -75% from the quarter before.

Was Big Digital Energy profitable in the fourth quarter 2025?

Operating loss was $14.9M (-460.3% of revenue) and net loss $15.7M.

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Source: Big Digital Energy 10-K on SEC EDGAR.