Filing Flows › Big Sky Industrial (BSIN) › Q1 2025
Big Sky Industrial (BSIN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Big Sky Industrial (BSIN) reported revenue of $2.2M for the first quarter 2025 (Q1 2025), -59% from a year earlier and -48% from the quarter before. Operating margin was -140.8%, net loss $3.1M (141.9% of revenue).
Big Sky Industrial, Q1 2025: revenue $2.2M (-59% year over year), operating margin -140.8%, net loss $3.1M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -48% | -59% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$4.5M | -368% | — |
What changed
Revenue was $2.2M in Q1 2025, down 59% year over year and down 48% from the previous quarter. Oil Sales was the largest line at 81% of revenue. Oil Sales lost $3.0M year over year (down 63%), 92% of the total change.
Operating costs exceeded revenue by $3.1M, an operating margin of -140.8%. Total costs fell 61% while revenue fell 59%. The quarter ended with a net loss of $3.1M, narrower than the previous quarter's $11.9M loss.
Operating cash flow was −$4.5M. Non-cash charges added back $1.1M of depreciation and amortization and $471K of share-based compensation. Working capital and other items used $3.0M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$6.7M.
Questions
What was Big Sky Industrial's revenue in the first quarter 2025?
Big Sky Industrial (BSIN) reported revenue of $2.2M for the first quarter 2025 (Q1 2025), -59% from a year earlier and -48% from the quarter before.
Was Big Sky Industrial profitable in the first quarter 2025?
Operating loss was $3.1M (-140.8% of revenue) and net loss $3.1M.
Source: Big Sky Industrial 10-Q on SEC EDGAR.