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BNB Standard (BNC) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Mar 16, 2026

BNB Standard (BNC) reported revenue of $7.3M for the third quarter fiscal 2026 (Q3 FY26) and +3% from the quarter before.

Revenue$7.3M
Year over year—
Quarter over quarter+3%
Operating margin—
Net earnings−$107M

BNB Standard, Q3 FY26: revenue $7.3M, net loss $107M, operating cash flow −$8.0M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$7.3M+3%—
Operating profit−$164M-283%—
Net earnings−$107M-138%—
Operating cash flow−$8.0M——

What changed

Revenue was $7.3M in Q3 FY26, up 3% from the previous quarter. Retail Vape Sales was the largest line at 87% of revenue.

Gross margin was 24.0%. Operating costs exceeded revenue by $164.3M, an operating margin of -2240.2%. The quarter ended with a net loss of $106.6M, after a profit of $283.6M the previous quarter. Non-operating items added $39.3M, -31% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$8.0M. Non-cash charges added back $140K of depreciation and amortization. Working capital and other items added $98.4M. Capital expenditures of $0K exceeded it, leaving free cash flow of −$8.0M.

Questions

What was BNB Standard's revenue in the third quarter fiscal 2026?

BNB Standard (BNC) reported revenue of $7.3M for the third quarter fiscal 2026 (Q3 FY26) and +3% from the quarter before.

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Source: BNB Standard 10-Q on SEC EDGAR.