Birchtech Corp. $BCHT reported second-quarter 2026 revenue of $3.8 million, up 58.5% from a year earlier, while gross profit rose 45.1% to $1.0 million. The company continued to scale its top line, but profitability remained under pressure as operating loss widened to $(1.6 million).
Bottom-line results showed a larger net loss attributable to common shareholders of $(3.0 million), or $(0.11) per diluted share. Cash used in operating activities totaled $(3.4 million), and the company also reported higher spending on property and equipment.
On the balance sheet, cash and cash equivalents increased to $11.8 million, while total liabilities came in at $11.3 million. The quarter also came in below analyst expectations, with revenue topping out under the $4.4 million estimate, and the stock fell 7.4% after the close.
- Revenue: $3.8 million, up 58.5% year over year
- Gross profit: $1.0 million, up 45.1%
- Net loss: $(3.0 million), or $(0.11) per share
- Cash and equivalents: $11.8 million
- Stock move after market close: down 7.4%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Birchtech Corp. Insider Trading Activity
Birchtech Corp. insiders have traded $BCHT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BCHT stock by insiders over the last 6 months:
- RICHARD MACPHERSON (President and CEO) purchased 312,500 shares for an estimated $750,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Birchtech Corp. Hedge Fund Activity
We have seen 15 institutional investors add shares of Birchtech Corp. stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 139,192 shares (+inf%) to their portfolio in Q2 2026, for an estimated $285,343
- BLACKROCK, INC. added 71,250 shares (+inf%) to their portfolio in Q2 2026, for an estimated $146,062
- CITADEL ADVISORS LLC added 50,994 shares (+inf%) to their portfolio in Q1 2026, for an estimated $96,888
- NORTHERN TRUST CORP added 47,555 shares (+inf%) to their portfolio in Q2 2026, for an estimated $97,487
- FOCUS PARTNERS WEALTH removed 42,700 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $87,534
- DIAMETRIC CAPITAL, LP added 41,685 shares (+inf%) to their portfolio in Q1 2026, for an estimated $79,201
- WHITE PINE CAPITAL LLC added 40,981 shares (+14.2%) to their portfolio in Q2 2026, for an estimated $84,011
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
