Filing Flows › BT Brands (BTBD) › Q2 2025
BT Brands (BTBD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
BT Brands (BTBD) reported revenue of $3.8M for the second quarter 2025 (Q2 2025), -8% from a year earlier and +17% from the quarter before. Operating margin was -2.0%, net earnings $55K (1.5% of revenue).
BT Brands, Q2 2025: revenue $3.8M (-8% year over year), operating margin -2.0%, net earnings $55K, operating cash flow $384K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8M | +17% | -8% |
| Operating profit | −$75K | — | — |
| Net earnings | $55K | — | — |
| Operating cash flow | $384K | — | +366% |
What changed
Revenue was $3.8M in Q2 2025, down 8% year over year and up 17% from the previous quarter.
Operating costs exceeded revenue by $75K, an operating margin of -2.0%. Total costs fell 10% while revenue fell 8%. The fastest-growing cost line was General & admin (+17%). Net earnings were $55K. The effective tax rate was 0.0%. Non-operating items added $130K, 237% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $384K (up 366% year over year), 698% of net earnings. Non-cash charges added back $145K of depreciation and amortization and $63K of share-based compensation. Working capital and other items added $122K.
Questions
What was BT Brands' revenue in the second quarter 2025?
BT Brands (BTBD) reported revenue of $3.8M for the second quarter 2025 (Q2 2025), -8% from a year earlier and +17% from the quarter before.
Was BT Brands profitable in the second quarter 2025?
Operating loss was $75K (-2.0% of revenue) and net earnings $55K.
Source: BT Brands 10-Q on SEC EDGAR.