Filing Flows › Big Sky Industrial (BSIN) › Q1 2026
Big Sky Industrial (BSIN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Big Sky Industrial (BSIN) reported revenue of $1.6M for the first quarter 2026 (Q1 2026), -27% from a year earlier and +15% from the quarter before. Operating margin was -196.0%, net loss $3.2M (198.6% of revenue).
Big Sky Industrial, Q1 2026: revenue $1.6M (-27% year over year), operating margin -196.0%, net loss $3.2M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +15% | -27% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.2M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $1.6M in Q1 2026, down 27% year over year and up 15% from the previous quarter. Oil Sales was the largest line at 86% of revenue. Oil Sales lost $394K year over year (down 22%), 67% of the total change.
Operating costs exceeded revenue by $3.1M, an operating margin of -196.0%. Total costs fell 10% while revenue fell 27%. The fastest-growing cost line was General & admin (+28%). The quarter ended with a net loss of $3.2M, wider than the previous quarter's $1.9M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $559K of depreciation and amortization and $446K of share-based compensation. Working capital and other items used $272K.
Questions
What was Big Sky Industrial's revenue in the first quarter 2026?
Big Sky Industrial (BSIN) reported revenue of $1.6M for the first quarter 2026 (Q1 2026), -27% from a year earlier and +15% from the quarter before.
Was Big Sky Industrial profitable in the first quarter 2026?
Operating loss was $3.1M (-196.0% of revenue) and net loss $3.2M.
Source: Big Sky Industrial 10-Q on SEC EDGAR.