Filing Flows › Blue Star Foods (BSFC) › Q2 2025
Blue Star Foods (BSFC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
Blue Star Foods (BSFC) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), +85% from a year earlier and +22% from the quarter before. Operating margin was -42.1%, net loss $652K (55.6% of revenue).
Blue Star Foods, Q2 2025: revenue $1.2M (+85% year over year), operating margin -42.1%, net loss $652K, operating cash flow $204K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +22% | +85% |
| Operating profit | −$494K | — | — |
| Net earnings | −$652K | — | — |
| Operating cash flow | $204K | — | — |
What changed
Revenue was $1.2M in Q2 2025, up 85% year over year and up 22% from the previous quarter.
Gross margin was 21.6%, up 14.1 points from a year earlier. Operating costs exceeded revenue by $494K, an operating margin of -42.1%. Operating expenses fell 20% while revenue rose 85%. The quarter ended with a net loss of $652K, narrower than the previous quarter's $1.2M loss.
Operating cash flow was $204K. Non-cash charges added back $7K of depreciation and amortization and $3K of share-based compensation. Working capital and other items added $846K.
Questions
What was Blue Star Foods' revenue in the second quarter 2025?
Blue Star Foods (BSFC) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), +85% from a year earlier and +22% from the quarter before.
Was Blue Star Foods profitable in the second quarter 2025?
Operating loss was $494K (-42.1% of revenue) and net loss $652K.
Source: Blue Star Foods 10-Q on SEC EDGAR.