Big Sky Industrial Q2 revenue rises to $2.1 million; net loss narrows to $2.3 million
Big Sky Industrial reported second quarter 2026 results with revenue of $2.1 million, up from $2.0 million a year earlier, and a net loss of $2.3 million, or $0.04 per diluted share, compared with $6.1 million, or $0.19 per share, in the second quarter of 2025. The company said oil and gas production fell after asset divestitures, and it reported that Phase 1 construction of its Big Sky Carbon Hub is advancing toward targeted first revenue in the first quarter of 2027.
Key points
- Q2 2026 revenue was $2.1 million versus $2.0 million in Q2 2025; six-month revenue was $3.7 million versus $4.2 million.
- Net loss was $2.3 million ($0.04 per diluted share) versus $6.1 million ($0.19) a year earlier, which included a $2.8 million impairment.
- Production was 33,747 BOE versus 48,816 BOE, driven by strategic divestitures and natural declines.
- Cash was $6.0 million at June 30, 2026; after a $4.0 million credit facility draw, cash was $4.9 million and total liquidity was $16.4 million as of August 4, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.