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Big Sky Industrial (BSIN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Big Sky Industrial (BSIN) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +33% from the quarter before. Operating margin was -111.8%, net loss $2.3M (106.8% of revenue).

Revenue$2.1M
Year over year+5%
Quarter over quarter+33%
Operating margin-111.8%
Net earnings−$2.3M

Big Sky Industrial, Q2 2026: revenue $2.1M (+5% year over year), operating margin -111.8%, net loss $2.3M, operating cash flow −$800K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1M+33%+5%
Operating profit−$2.4M——
Net earnings−$2.3M——
Operating cash flow−$800K——

What changed

Revenue was $2.1M in Q2 2026, up 5% year over year and up 33% from the previous quarter. Oil Sales was the largest line at 95% of revenue. Oil Sales added $190K year over year (up 10%), 179% of the total change. Natural Gas, Midstream declined 46%.

Operating costs exceeded revenue by $2.4M, an operating margin of -111.8%. Total costs fell 45% while revenue rose 5%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $3.2M loss.

Operating cash flow was −$800K. Non-cash charges added back $592K of depreciation and amortization and $685K of share-based compensation. Working capital and other items added $202K. Capital expenditures of $91K exceeded it, leaving free cash flow of −$891K.

Questions

What was Big Sky Industrial's revenue in the second quarter 2026?

Big Sky Industrial (BSIN) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +33% from the quarter before.

Was Big Sky Industrial profitable in the second quarter 2026?

Operating loss was $2.4M (-111.8% of revenue) and net loss $2.3M.

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Source: Big Sky Industrial 10-Q on SEC EDGAR.