Filing Flows › BT Brands (BTBD) › Q4 2025
BT Brands (BTBD) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 30, 2026
BT Brands (BTBD) reported revenue of $2.6M for the fourth quarter 2025 (Q4 2025), -17% from a year earlier and -32% from the quarter before. Operating margin was -27.9%, net loss $1.3M (50.6% of revenue).
BT Brands, Q4 2025: revenue $2.6M (-17% year over year), operating margin -27.9%, net loss $1.3M, operating cash flow −$118K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6M | -32% | -17% |
| Operating profit | −$732K | -200% | — |
| Net earnings | −$1.3M | -245% | — |
| Operating cash flow | −$118K | -136% | — |
What changed
Revenue was $2.6M in Q4 2025, down 17% year over year and down 32% from the previous quarter.
Operating costs exceeded revenue by $732K, an operating margin of -27.9%. Total costs fell 18% while revenue fell 17%. The quarter ended with a net loss of $1.3M, after a profit of $915K the previous quarter.
Operating cash flow was −$118K. Non-cash charges added back $197K of depreciation and amortization and $22K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of −$15K exceeded it, leaving free cash flow of −$103K.
Questions
What was BT Brands' revenue in the fourth quarter 2025?
BT Brands (BTBD) reported revenue of $2.6M for the fourth quarter 2025 (Q4 2025), -17% from a year earlier and -32% from the quarter before.
Was BT Brands profitable in the fourth quarter 2025?
Operating loss was $732K (-27.9% of revenue) and net loss $1.3M.
Source: BT Brands 10-K on SEC EDGAR.