Filing Flows › Barnwell Industries (BRN) › Q3 FY25
Barnwell Industries (BRN) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 13, 2025
Barnwell Industries (BRN) reported revenue of $3.2M for the third quarter fiscal 2025 (Q3 FY25), -29% from a year earlier and -11% from the quarter before. Operating margin was 1.6%, net loss $1.6M (48.7% of revenue).
Barnwell Industries, Q3 FY25: revenue $3.2M (-29% year over year), operating margin 1.6%, net loss $1.6M, operating cash flow −$309K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2M | -11% | -29% |
| Operating profit | $52K | -93% | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$309K | — | — |
What changed
Revenue was $3.2M in Q3 FY25, down 29% year over year and down 11% from the previous quarter. Oil was the largest line at 74% of revenue. Oil lost $1.2M year over year (down 34%), 94% of the total change.
Operating profit was $52K, a 1.6% margin (down 6.3 points year over year). Total costs fell 24% while revenue fell 29%. The fastest-growing cost line was General & admin (+43%). The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.2M loss. Net interest and other expense of $1.6M was the main reason.
Operating cash flow was −$309K. Non-cash charges added back $844K of depreciation and amortization and $18K of share-based compensation. Working capital and other items added $382K. Capital expenditures of $313K exceeded it, leaving free cash flow of −$622K.
Questions
What was Barnwell Industries' revenue in the third quarter fiscal 2025?
Barnwell Industries (BRN) reported revenue of $3.2M for the third quarter fiscal 2025 (Q3 FY25), -29% from a year earlier and -11% from the quarter before.
Was Barnwell Industries profitable in the third quarter fiscal 2025?
Operating profit was $52K (1.6% of revenue) and net loss $1.6M.