Filing Flows › BNB Plus (BNBX) › Q2 FY26
BNB Plus (BNBX) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 15, 2026
BNB Plus (BNBX) reported revenue of $1.0M for the second quarter fiscal 2026 (Q2 FY26), +34% from a year earlier and +81% from the quarter before. Operating margin was -659.2%, net loss $6.7M (650.8% of revenue).
BNB Plus, Q2 FY26: revenue $1.0M (+34% year over year), operating margin -659.2%, net loss $6.7M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0M | +81% | +34% |
| Operating profit | −$6.8M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $1.0M in Q2 FY26, up 34% year over year and up 81% from the previous quarter. Product revenues was the largest line at 98% of revenue. Product revenues added $459K year over year (up 84%), 176% of the total change. Service revenues declined 92%.
Gross margin was 80.7%, up 28.9 points from Q2 FY25. Operating costs exceeded revenue by $6.8M, an operating margin of -659.2%. Operating expenses grew 101% against revenue growth of 34%. The quarter ended with a net loss of $6.7M, narrower than the previous quarter's $18.6M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $20K of depreciation and amortization and $335K of share-based compensation. Working capital and other items added $4.3M.
Questions
What was BNB Plus' revenue in the second quarter fiscal 2026?
BNB Plus (BNBX) reported revenue of $1.0M for the second quarter fiscal 2026 (Q2 FY26), +34% from a year earlier and +81% from the quarter before.
Was BNB Plus profitable in the second quarter fiscal 2026?
Operating loss was $6.8M (-659.2% of revenue) and net loss $6.7M.
Source: BNB Plus 10-Q on SEC EDGAR.