Filing Flows › BT Brands (BTBD) › Q3 2025
BT Brands (BTBD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 17, 2025
BT Brands (BTBD) reported revenue of $3.9M for the third quarter 2025 (Q3 2025), -11% from a year earlier and +2% from the quarter before. Operating margin was 19.1%, net earnings $915K (23.7% of revenue).
BT Brands, Q3 2025: revenue $3.9M (-11% year over year), operating margin 19.1%, net earnings $915K, operating cash flow $325K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | +2% | -11% |
| Operating profit | $735K | — | — |
| Net earnings | $915K | 17× | — |
| Operating cash flow | $325K | -15% | +152% |
| Free cash flow | $262K | -32% | +419% |
What changed
Revenue was $3.9M in Q3 2025, down 11% year over year and up 2% from the previous quarter.
Operating profit was $735K, a 19.1% margin (up 20.8 points year over year). Total costs fell 30% while revenue fell 11%. Net earnings were $915K. The effective tax rate was 0.0%.
Operating cash flow was $325K (up 152% year over year), 36% of net earnings. Non-cash charges added back $151K of depreciation and amortization and $25K of share-based compensation. Working capital and other items used $766K. Capital expenditures of $63K left free cash flow of $262K.
Questions
What was BT Brands' revenue in the third quarter 2025?
BT Brands (BTBD) reported revenue of $3.9M for the third quarter 2025 (Q3 2025), -11% from a year earlier and +2% from the quarter before.
Was BT Brands profitable in the third quarter 2025?
Operating profit was $735K (19.1% of revenue) and net earnings $915K.
Source: BT Brands 10-Q on SEC EDGAR.