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Biolargo (BLGO) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Biolargo (BLGO) reported revenue of $1.2M for the second quarter 2026 (Q2 2026), -55% from a year earlier and +12% from the quarter before. Operating margin was -298.7%, net loss $4.0M (320.5% of revenue).

Revenue$1.2M
Year over year-55%
Quarter over quarter+12%
Operating margin-298.7%
Net earnings−$4.0M

Biolargo, Q2 2026: revenue $1.2M (-55% year over year), operating margin -298.7%, net loss $4.0M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.2M+12%-55%
Operating profit−$3.7M——
Net earnings−$4.0M——
Operating cash flow−$3.1M——

What changed

Revenue was $1.2M in Q2 2026, down 55% year over year and up 12% from the previous quarter. Service was the largest line at 66% of revenue. Product lost $1.6M year over year (down 79%), 104% of the total change.

Gross margin was 54.1%, up 2.9 points from Q2 2025. Operating costs exceeded revenue by $3.7M, an operating margin of -298.7%. Operating expenses grew 37% against a revenue fall of 55%. The fastest-growing cost line was Research & development (+103%). The quarter ended with a net loss of $4.0M, wider than the previous quarter's $3.4M loss. Minority interests bore $1.2M of it: to shareholders the quarter was a loss of $2.8M.

Operating cash flow was −$3.1M. Non-cash charges added back $31K of depreciation and $722K of share-based compensation. Working capital and other items added $191K.

Questions

What was Biolargo's revenue in the second quarter 2026?

Biolargo (BLGO) reported revenue of $1.2M for the second quarter 2026 (Q2 2026), -55% from a year earlier and +12% from the quarter before.

Was Biolargo profitable in the second quarter 2026?

Operating loss was $3.7M (-298.7% of revenue) and net loss $4.0M.

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Source: Biolargo 10-Q on SEC EDGAR.