BT Brands, Inc. (BTBD) Income Statement
BTBD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBTBD revenue and net income
Where BTBD's revenue goes
2025Each bar shows an amount and its share of revenue. BTBD kept −5.1% of revenue as net income.
BTBD profit margins
BTBD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −9.0% | +2.3% | +10.6% | +10.7% |
| Gross profit | +25.6% | +2.3% | +7.3% | +11.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BTBD quarterly EPS vs estimates
Next report: November 16, 2026.
BTBD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.5M | $14.8M | $14.1M | $12.6M | $8.5M | $8.2M | $6.5M | $7.1M | $7.1M | $5.3M |
| Cost of revenue | $9.6M | $11.7M | $11.1M | $9.0M | $5.7M | $5.4M | $4.7M | $5.1M | $6.5M | $4.1M |
| Gross profit | $3.9M | $3.1M | $3.0M | $3.6M | $2.8M | $2.7M | $1.8M | $2.0M | $599,565 | $1.2M |
| Sales, general & admin | $2.7M | $4.5M | $4.3M | $2.8M | $1.1M | $1.4M | $1.3M | $1.3M | $621,650 | $447,810 |
| Total operating expenses | $4.3M | $4.8M | $4.4M | $4.0M | $1.8M | $2.2M | $2.1M | $1.7M | $621,650 | $890,536 |
| Operating income | −$391,816 | −$1.7M | −$1.4M | −$391,164 | $980,712 | $529,368 | −$373,548 | $240,815 | −$22,080 | $279,918 |
| Interest income | $148,666 | $178,279 | $193,323 | $125,529 | $10,916 | $103,623 | $4,402 | $89 | — | — |
| Interest expense | $81,621 | $99,906 | $97,608 | $114,766 | $172,861 | $177,757 | $207,841 | $176,955 | $0 | — |
| Income before taxes | −$687,839 | −$2.1M | −$1.0M | −$742,285 | $807,851 | $921,992 | −$568,577 | $34,528 | −$254,851 | $259,540 |
| Income taxes | $206,000 | $206,000 | −$145,000 | −$180,000 | $200,000 | $130,000 | −$102,000 | $13,725 | −$4 | — |
| Net income | −$687,839 | −$2.3M | −$887,368 | −$562,285 | $607,851 | $791,992 | −$368,577 | $20,803 | −$254,851 | $259,540 |
| EBITDA | $42,486 | −$1.3M | −$336,220 | −$178,481 | $1.2M | $1.3M | −$147,949 | $438,997 | $187,069 | $380,361 |
| EPS (diluted) | −$0.11 | −$0.38 | −$0.19 | −$0.08 | $0.15 | $0.25 | −$0.10 | −$0.08 | — | — |
| Gross margin | 28.8% | 20.8% | 21.5% | 28.7% | 32.9% | 33.5% | 27.3% | 28.1% | 8.4% | 22.7% |
| Operating margin | −2.9% | −11.5% | −9.8% | −3.1% | 11.6% | 6.5% | −5.8% | 3.4% | −0.3% | 5.3% |
| Net margin | −5.1% | −15.6% | −6.3% | −4.5% | 7.2% | 9.7% | −5.7% | 0.3% | −3.6% | 4.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6M | $2.8M | $2.6M | $3.9M | $3.8M | $3.2M | $3.2M | $4.3M | $4.1M | $3.2M | $3.0M | $4.0M |
| Cost of revenue | $2.9M | $2.7M | $2.1M | $2.5M | $2.6M | $2.4M | $2.7M | $3.3M | $3.1M | $2.7M | $3.4M | $3.0M |
| Gross profit | $602,455 | $116,090 | $525,414 | $1.4M | $1.2M | $812,847 | $483,408 | $1.1M | $993,807 | $524,503 | −$416,656 | $1.0M |
| Sales, general & admin | $333,675 | $652,924 | $640,891 | $511,373 | $833,078 | $760,728 | $751,708 | $752,849 | $1.1M | $1.1M | $829,590 | $683,029 |
| Total operating expenses | $485,250 | $348,901 | $1.0M | $894,144 | $1.2M | $1.1M | $1.4M | $1.1M | $1.2M | $1.2M | $362,736 | $1.0M |
| Operating income | $117,205 | −$232,811 | −$517,310 | $492,811 | −$75,121 | −$292,196 | −$937,925 | −$44,806 | −$188,543 | −$630,829 | −$779,390 | $40,615 |
| Interest income | $18,233 | $21,234 | $35,833 | $31,866 | $40,367 | $40,600 | $8,613 | $50,142 | $61,896 | $74,854 | $177,293 | $32,821 |
| Interest expense | $19,032 | $21,440 | $24,132 | $16,385 | $19,550 | $21,554 | $27,315 | $22,552 | $22,551 | $27,488 | $23,751 | $23,948 |
| Income before taxes | $576,433 | −$751,011 | −$1.3M | $914,975 | $55,031 | −$329,849 | −$1.2M | −$233,479 | −$82,452 | −$563,200 | −$675,210 | −$3,486 |
| Income taxes | — | — | — | $350,000 | — | $350,000 | $350,000 | −$14,000 | −$12,500 | −$117,500 | −$63,000 | −$85,274 |
| Net income | $576,433 | −$751,011 | −$1.3M | $914,975 | $55,031 | −$329,849 | −$1.6M | −$219,479 | −$69,952 | −$445,700 | −$612,210 | −$3,486 |
| EBITDA | $747,041 | −$577,996 | −$1.1M | $1.1M | $219,306 | −$151,900 | −$929,322 | −$69,400 | $111,450 | −$375,170 | −$651,650 | $235,237 |
| EPS (diluted) | $0.09 | −$0.12 | −$0.22 | $0.15 | $0.01 | −$0.05 | −$0.26 | −$0.04 | −$0.01 | −$0.07 | −$0.10 | −$0.00 |
| Gross margin | 17.0% | 4.1% | 20.0% | 36.0% | 30.6% | 25.2% | 15.2% | 25.0% | 24.2% | 16.4% | −13.9% | 26.2% |
| Operating margin | 3.3% | −8.2% | −19.7% | 12.8% | −2.0% | −9.0% | −29.6% | −1.0% | −4.6% | −19.8% | −26.0% | 1.0% |
| Net margin | 16.2% | −26.4% | −50.6% | 23.7% | 1.5% | −10.2% | −49.7% | −5.0% | −1.7% | −14.0% | −20.4% | −0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BTBD's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BTBD financial results
In fiscal year 2025 (ended December 31, 2025), BT Brands reported revenue of $13.5 million, down 9.0% from the year before. It had a net loss of $0.7 million, a net profit margin of −5.1%. Diluted earnings per share came to −$0.11. Over five years revenue grew at an average rate of 10.6% a year.
See the BTBD stock overview for the latest quote and news, or the BTBD chart for price history and technical indicators.
BTBD income statement FAQ
What is BT Brands's annual revenue?
BT Brands reported total revenue of $13.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 9.0% from $14.8 million the previous year.
Is BT Brands profitable?
No. BT Brands reported a net loss of $0.7 million in fiscal 2025, a net profit margin of −5.1%; its operating margin was −2.9%.
What is BT Brands's gross margin?
BT Brands's gross margin was 28.8% in fiscal 2025: for every $100 of revenue, BT Brands kept $29 after the direct cost of its products and services.
How fast is BT Brands growing?
Revenue grew 10.6% a year on average over the last five fiscal years, from $8.2 million to $13.5 million.
What are BT Brands's earnings per share?
BT Brands earned $-0.11 per diluted share in fiscal 2025, compared with $-0.38 a year earlier.
When will BT Brands report its next earnings?
BT Brands is expected to report results for the quarter ending September 30, 2026 on November 16, 2026.
When does BT Brands's fiscal year end?
BT Brands's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.