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Blue Star Foods (BSFC) Q4 2025 earnings results (fourth quarter 2025)

10-K filed May 22, 2026

Blue Star Foods (BSFC) reported revenue of $296K for the fourth quarter 2025 (Q4 2025), -82% from a year earlier and -36% from the quarter before. Operating margin was -155.5%, net loss $1.2M (422.1% of revenue).

Revenue$296K
Year over year-82%
Quarter over quarter-36%
Operating margin-155.5%
Net earnings−$1.2M

Blue Star Foods, Q4 2025: revenue $296K (-82% year over year), operating margin -155.5%, net loss $1.2M, operating cash flow −$302K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$296K-36%-82%
Operating profit−$460K——
Net earnings−$1.2M——
Operating cash flow−$302K——

What changed

Revenue was $296K in Q4 2025, down 82% year over year and down 36% from the previous quarter.

Operating costs exceeded revenue by $460K, an operating margin of -155.5%. Total costs fell 89% while revenue fell 82%. The quarter ended with a net loss of $1.2M, wider than the previous quarter's $481K loss. Net interest and other expense of $789K was the main reason.

Operating cash flow was −$302K. Non-cash charges added back $7K of depreciation and $3K of share-based compensation. Working capital and other items added $937K.

Questions

What was Blue Star Foods' revenue in the fourth quarter 2025?

Blue Star Foods (BSFC) reported revenue of $296K for the fourth quarter 2025 (Q4 2025), -82% from a year earlier and -36% from the quarter before.

Was Blue Star Foods profitable in the fourth quarter 2025?

Operating loss was $460K (-155.5% of revenue) and net loss $1.2M.

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Source: Blue Star Foods 10-K on SEC EDGAR.