Filing Flows › Blue Star Foods (BSFC) › Q1 2026
Blue Star Foods (BSFC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jul 16, 2026
Blue Star Foods (BSFC) reported revenue of $250K for the first quarter 2026 (Q1 2026), -74% from a year earlier and -15% from the quarter before. Operating margin was -207.8%, net loss $735K (293.8% of revenue).
Blue Star Foods, Q1 2026: revenue $250K (-74% year over year), operating margin -207.8%, net loss $735K, operating cash flow −$49K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250K | -15% | -74% |
| Operating profit | −$520K | — | — |
| Net earnings | −$735K | — | — |
| Operating cash flow | −$49K | — | — |
What changed
Revenue was $250K in Q1 2026, down 74% year over year and down 15% from the previous quarter.
Gross margin was 3.5%, down 6.0 points from Q1 2025. Operating costs exceeded revenue by $520K, an operating margin of -207.8%. Operating expenses fell 50% while revenue fell 74%. The quarter ended with a net loss of $735K, narrower than the previous quarter's $1.2M loss.
Operating cash flow was −$49K. Non-cash charges added back $6K of depreciation and amortization and $3K of share-based compensation. Working capital and other items added $677K.
Questions
What was Blue Star Foods' revenue in the first quarter 2026?
Blue Star Foods (BSFC) reported revenue of $250K for the first quarter 2026 (Q1 2026), -74% from a year earlier and -15% from the quarter before.
Was Blue Star Foods profitable in the first quarter 2026?
Operating loss was $520K (-207.8% of revenue) and net loss $735K.
Source: Blue Star Foods 10-Q on SEC EDGAR.