Filing Flows › Brownie's Marine Group (BWMG) › How it makes money
How Brownie's Marine Group (BWMG) makes money
Brownie's Marine Group (BWMG) made $2.6M of revenue in the third quarter 2026 (Q3 2026), +28% from a year earlier. Of every dollar of revenue, 52¢ was left as gross profit, 12¢ was left as operating profit, 25¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.6M | 100.0% |
| Cost of revenue | $1.3M | 48.4% |
| Gross profit | $1.4M | 51.6% |
| Operating expenses | $1.1M | 39.8% |
| Operating profit | $311K | 11.8% |
| Income tax | $2K | 0.1% |
| Net earnings | $660K | 25.0% |
| Operating cash flow | $178K | 6.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.6M | +28% |
| Q2 2026 | $2.4M | -6% |
| Q1 2026 | $2.1M | +38% |
| Q4 2025 | $1.4M | -18% |
| Q3 2025 | $2.1M | -16% |
| Q2 2025 | $2.5M | +5% |
| Q1 2025 | $1.5M | -5% |
From Brownie's Marine Group's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Brownie's Marine Group make money?
Brownie's Marine Group (BWMG) made $2.6M of revenue in the third quarter 2026 (Q3 2026), +28% from a year earlier. Of every dollar of revenue, 52¢ was left as gross profit, 12¢ was left as operating profit, 25¢ was left as net earnings.
What is Brownie's Marine Group's profit margin?
Net earnings were $660K, 25.0% of revenue, in the third quarter 2026; the operating margin was 11.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.