Big Sky Industrial (BSIN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BSIN SEC filings page.
Big Sky Industrial Inc. (BSIN) reported $6.9M in revenue over the twelve months to Jun 30, 2026, down 48.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Big Sky's shrinking revenue base now carries overhead above sales, while cash needs are being met through financing rather than operations.
Although the net loss narrowed from$25.6M in FY2024 to$14.4M in FY2025, that accounting improvement did not carry through to cash. Operating cash flow moved from$4.6M positive to-$7.1M , revealing a sharp deterioration in earnings quality.
Revenue fell
Current assets were
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Big Sky Industrial Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Big Sky Industrial Inc.'s reported operating margin for fiscal year 2025 is below the lowest share of revenue this page publishes, so the figure is not shown here. This dimension scores 15/100.
Big Sky Industrial Inc.'s revenue declined 64.3% year-over-year, from $20.6M to $7.4M. This contraction results in a growth score of 1/100.
Big Sky Industrial Inc.'s current ratio of 0.33 is below the typical benchmark, resulting in a score of 2/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Not available for Big Sky Industrial Inc., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Big Sky Industrial Inc. posts a -59.4% return on equity (ROE), meaning it loses $59 for every $100 of shareholders' equity. This results in a returns score of 13/100. This is up from -105.9% the prior year.
Big Sky Industrial Inc. scores -5.40, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $211.9M against total assets of $40.6M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Big Sky Industrial Inc. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
Big Sky Industrial Inc. reported a net loss of $14.4M while operations used $7.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Big Sky Industrial Inc. generated $2.1M in revenue in Q2 2026. This represents an increase of 5.2% from the same quarter a year earlier. Against the prior quarter it is up 33.0%.
Big Sky Industrial Inc.'s EBITDA was -$1.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Big Sky Industrial Inc. reported a net loss of $2.3M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Cash & Balance Sheet
Big Sky Industrial Inc. held $6.0M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Big Sky Industrial Inc.'s quarterly ROE was -6.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 15.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Big Sky Industrial Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
BSIN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M+5.2% | $1.6M-26.9% | $1.4M-67.0% | $1.7M-64.9% | $2.0M-66.5% | $2.2M-59.3% | $4.2M-42.3% | $5.0M-43.3% |
| SG&A Expenses | $2.6M+17.9% | $3.0M+27.6% | $1.3M-20.1% | $2.1M-6.2% | $2.2M+7.4% | $2.4M+8.3% | $1.6M-35.6% | $2.3M-20.3% |
| Operating Income | -$2.4Mn/m | -$3.1Mn/m | -$1.7Mn/m | -$3.4Mn/m | -$6.2Mn/m | -$3.1Mn/m | -$11.8Mn/m | -$4.2Mn/m |
| EBITDA | -$1.8Mn/m | -$2.6Mn/m | -$1.1Mn/m | -$2.6Mn/m | -$5.1M-1240.5% | -$2.0Mn/m | -$9.9Mn/m | -$2.1Mn/m |
| Income Tax | $0n/m | $0n/m | $6K-76.9% | $0n/m | $0n/m | $0-100.0% | $26Kn/m | -$20Kn/m |
| Net Income | -$2.3Mn/m | -$3.2Mn/m | -$1.9Mn/m | -$3.3Mn/m | -$6.1Mn/m | -$3.1Mn/m | -$11.9Mn/m | -$2.2Mn/m |
| EPS (Basic) | -$0.04n/m | -$0.08n/m | -$0.06n/m | -$0.10n/m | -$0.19n/m | -$0.10n/m | -$0.44n/m | -$0.08n/m |
| EPS (Diluted) | N/A | N/A | N/A | N/A | -$0.19n/m | N/A | -$0.44n/m | -$0.08n/m |
| Diluted Shares (Avg) | 52M+60.4% | 40M+22.4% | N/A | 33M+16.9% | 33M+28.4% | 33M+28.9% | N/A | 28M+10.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
BSIN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $55.9M+9.7% | $55.2M-1.2% | $40.6M-18.2% | $46.5M-27.4% | $51.0M-30.8% | $55.8M-20.5% | $49.7M-38.3% | $64.1M-40.8% |
| Current Assets | $7.9M-3.7% | $12.5M+3.3% | $2.0M-79.6% | $2.8M-17.3% | $8.2M+58.3% | $12.1M+123.9% | $9.7M+16.1% | $3.4M-49.2% |
| Cash & Equivalents | $6.0M-11.0% | $10.5M-0.5% | $429K-94.4% | $1.4M+22.5% | $6.7M+202.7% | $10.5M+423.5% | $7.7M+130.5% | $1.2M-41.5% |
| Short-Term Investments | $116K-44.8% | $168K+158.5% | $146K+11.5% | $310K+189.7% | $210K+32.1% | $65K-63.7% | $131K-20.1% | $107K-33.5% |
| Accounts Receivable | $629K+10.9% | $714K+17.2% | $454K-65.0% | $490K-65.4% | $567K-70.2% | $609K-70.8% | $1.3M-44.4% | $1.4M-59.4% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $18.9M-17.9% | $16.7M-25.0% | $16.4M-35.5% | $21.5M-24.3% | $23.0M-35.9% | $22.3M-33.6% | $25.5M-24.9% | $28.3M-32.5% |
| Current Liabilities | $6.5M-39.4% | $6.5M-25.7% | $6.0M-49.7% | $8.5M-22.2% | $10.8M+3.9% | $8.8M-16.4% | $12.0M+8.0% | $10.9M-10.1% |
| Non-Current Liabilities | $12.4M+1.0% | $10.2M-24.5% | $10.4M-22.9% | $13.0M-25.6% | $12.3M-52.1% | $13.5M-41.4% | $13.5M-40.9% | $17.5M-41.6% |
| Total Equity | $37.0M+30.7% | $38.5M+13.4% | $24.2M0.0% | $25.0M-29.9% | $28.3M-24.9% | $33.9M-7.6% | $24.2M-48.2% | $35.7M-46.0% |
| Retained Earnings | -$217.4Mn/m | -$215.1Mn/m | -$211.9Mn/m | -$210.4Mn/m | -$207.1Mn/m | -$201.0Mn/m | -$197.5Mn/m | -$185.9Mn/m |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
BSIN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$800Kn/m | -$2.5Mn/m | -$857K-150.5% | -$154K-106.0% | -$1.6M-270.4% | -$4.5Mn/m | $1.7M-32.0% | $2.6M+63.6% |
| Depreciation & Amortization | $592K-47.0% | $559K-50.0% | $554K-70.2% | $816K-59.8% | $1.1M-48.4% | $1.1M-49.0% | $1.9M-39.0% | $2.0M-29.1% |
| Stock-Based Compensation | N/A | $446K-5.3% | N/A | N/A | N/A | $471K+135.5% | N/A | N/A |
| Investing Cash Flow | -$5.7Mn/m | -$4.4Mn/m | -$2.2M-143.6% | -$5.2M-252.3% | -$2.1Mn/m | -$2.4Mn/m | $5.1M-18.0% | $3.4Mn/m |
| Financing Cash Flow | $2.0Mn/m | $16.9M+73.5% | $2.1Mn/m | $0n/m | -$104K-105.8% | $9.7Mn/m | -$205Kn/m | -$7.0Mn/m |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | $0n/m | $0n/m |
| Share Buybacks | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $82K-51.2% | $234K-40.9% | $204K+60.6% | $20Kn/m |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
BSIN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -111.8% | -196.0% | -118.6% | -194.4% | -307.6% | -140.8% | -278.9% | -83.8%+10.1pp |
| Net Margin | -106.8% | -198.6% | -133.7% | -192.2% | -298.7% | -141.9% | -281.1% | -45.3% |
| Return on Equity | -6.2%+15.2pp | -8.3%+0.9pp | -7.7%+41.4pp | -13.3%-7.0pp | -21.4%-16.1pp | -9.2%+16.8pp | -49.1%-6.7pp | -6.3%+7.0pp |
| Return on Assets | -4.1%+7.8pp | -5.8%-0.2pp | -4.6%+19.3pp | -7.2%-3.7pp | -11.9%-9.2pp | -5.6%+8.0pp | -23.9%+0.7pp | -3.5%+4.6pp |
| Current Ratio | 1.21+0.4x | 1.92+0.5x | 0.33-0.5x | 0.330.0x | 0.76+0.3x | 1.38+0.9x | 0.81+0.1x | 0.31-0.2x |
| Liabilities-to-Equity | 0.51-0.3x | 0.43-0.2x | 0.68-0.4x | 0.86+0.1x | 0.81-0.1x | 0.66-0.3x | 1.05+0.3x | 0.79+0.2x |
| Asset Turnover | 0.040.0x | 0.030.0x | 0.03-0.1x | 0.040.0x | 0.040.0x | 0.040.0x | 0.090.0x | 0.080.0x |
Not reported in any period shown, so not listed: Gross Margin, Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: The current ratio is below 1.0 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Big Sky Industrial Inc. Ranks
Frequently Asked Questions
What is Big Sky Industrial Inc.'s annual revenue?
Big Sky Industrial Inc. (BSIN) reported $7.4M in total revenue for fiscal year 2025. This represents a -64.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Big Sky Industrial Inc.'s revenue growing?
Big Sky Industrial Inc. (BSIN) revenue declined by 64.3% year-over-year, from $20.6M to $7.4M in fiscal year 2025.
Is Big Sky Industrial Inc. profitable?
No, Big Sky Industrial Inc. (BSIN) reported a net loss of $10.7M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $14.4M.
What is Big Sky Industrial Inc.'s EBITDA?
Big Sky Industrial Inc. (BSIN) had EBITDA of -$10.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Big Sky Industrial Inc.'s return on equity (ROE)?
Big Sky Industrial Inc. (BSIN) has a return on equity of -59.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Big Sky Industrial Inc.'s operating cash flow?
Big Sky Industrial Inc. (BSIN) recorded an outflow of $7.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Big Sky Industrial Inc.'s total assets?
Big Sky Industrial Inc. (BSIN) had $40.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Big Sky Industrial Inc.'s current ratio?
Big Sky Industrial Inc. (BSIN) had a current ratio of 0.33 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Big Sky Industrial Inc.'s liabilities-to-equity ratio?
Big Sky Industrial Inc. (BSIN) had a liabilities-to-equity ratio of 0.68 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Big Sky Industrial Inc.'s return on assets (ROA)?
Big Sky Industrial Inc. (BSIN) had a return on assets of -35.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Big Sky Industrial Inc.'s P/E ratio?
Big Sky Industrial Inc. (BSIN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $82.4M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Big Sky Industrial Inc.'s price-to-sales ratio?
Big Sky Industrial Inc. (BSIN) trades at 12.0x sales, its market capitalization divided by $6.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $82.4M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Big Sky Industrial Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Big Sky Industrial Inc. (BSIN) held $575K in cash, cash equivalents and investments, and reported an operating cash outflow of $7.1M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Big Sky Industrial Inc.'s Altman Z-Score?
Big Sky Industrial Inc. (BSIN) has an Altman Z-Score of -5.40, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Big Sky Industrial Inc.'s Piotroski F-Score?
Big Sky Industrial Inc. (BSIN) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Big Sky Industrial Inc.'s earnings high quality?
Big Sky Industrial Inc. (BSIN) reported a net loss of $14.4M while operations used $7.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Big Sky Industrial Inc.?
Big Sky Industrial Inc. (BSIN) scores 18 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Big Sky Industrial Inc. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.