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EarningsQ2 2026 Earnings Report
BCHT Q2 2026 EPS Results
Actual EPS-$0.11
Consensus EPS-$0.07
Beat/MissMissed by -$0.04
One Year Ago EPS-$0.10
BCHT Q2 2026 Revenue Results
Actual Revenue$3.79M
Expected Revenue$4.30M
Beat/MissMissed by -$509.35K
YoY Revenue Growth+16.50%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeAfter Close
Conference CallThursday, August 13, 2026
BCHT Upcoming Earnings
Birchtech's next earnings date is estimated for November 16, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
BCHT Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced meaningful strategic and operational progress (decisive IP resolution, a stronger cash position, product launches and a significant carbon rejuvenation technical milestone) against near‑term financial headwinds (widening net loss, larger adjusted EBITDA loss, and elevated one‑time and operating expenses). The company shows improved liquidity and a clearer commercial roadmap for water, but commercialization and judgment collectability remain conditional and the current operating results reflect elevated investment and legal costs.Company Guidance
Patent Victory and Strengthened IP Protection
All remaining IPR challenges to Birchtech's SEA technologies were resolved in June; prior petitions dismissed/removed or resolved and parties barred from further challenges. Seven years of enforcement yielded approximately $37 million in license fees and settlements to date, reinforcing IP moat and commercial positioning.
Revenue Growth and New Water Sales
Second quarter revenue of ~$3.8 million versus $3.3 million in Q2 2025 (≈+15%). Air revenue of $3.4 million and recognition of water treatment sales in Q2 2026 compared with none in the comparable period.
Material Cash Improvement and No Debt
Cash of $11.8 million as of June 30, 2026 versus $2.2 million as of Dec 31, 2025 (≈5.4x increase, +~436%), and no debt on the balance sheet, providing runway to invest in water commercialization.
Product and Technical Progress in Water
Launched SEA‑IX nuclear‑grade ion exchange resin line (targeting an estimated $200M+ addressable market) and added boron and heavy metal resin lines. Carbon rejuvenation (thermal) demonstrated performance comparable to virgin carbon for PFAS removal — a potential lifecycle cost reducer. Design centers and RSSCT analytics are being adopted through partnerships with national engineering firms.
Commercial and Operational Momentum in Air Business
With IPR process behind the company, management is focused on converting licensed utilities to recurring product supply customers. Expectation of increased product supply revenue in H2 2026 and longer operational runway driven by stable U.S. coal market and higher natural gas prices.
Leadership and Organizational Strengthening
New CFO Mike Mioska joined in May 2026 and Jim Trettel promoted to COO, bolstering financial and operational leadership for scaling air and water platforms.
BCHT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed