Filing Flows › Bgsf (BGSF) › Q1 2026
Bgsf (BGSF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Bgsf (BGSF) reported revenue of $20.9M for the first quarter 2026 (Q1 2026), 0% from a year earlier and -5% from the quarter before. Operating margin was -7.4%, net loss $471K (2.3% of revenue).
Bgsf, Q1 2026: revenue $20.9M (0% year over year), operating margin -7.4%, net loss $471K, operating cash flow $4K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.9M | -5% | 0% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$471K | — | — |
| Operating cash flow | $4K | -100% | -100% |
What changed
Revenue was $20.9M in Q1 2026, roughly flat year over year and down 5% from the previous quarter.
Gross margin was 35.5%, down 0.7 points from Q1 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -7.4%. Operating expenses fell 4% while revenue was flat. The quarter ended with a net loss of $471K, narrower than the previous quarter's $1.2M loss.
Operating cash flow was $4K (down 100% year over year). Non-cash charges added back $158K of depreciation and amortization and $230K of share-based compensation. Working capital and other items added $87K.
Questions
What was Bgsf's revenue in the first quarter 2026?
Bgsf (BGSF) reported revenue of $20.9M for the first quarter 2026 (Q1 2026), 0% from a year earlier and -5% from the quarter before.
Was Bgsf profitable in the first quarter 2026?
Operating loss was $1.6M (-7.4% of revenue) and net loss $471K.
Source: Bgsf 10-Q on SEC EDGAR.