Big Sky Industrial Inc. (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 Sep 12, 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 dominant mechanic is a shrinking revenue base paired with persistent operating losses and financing-dependent cash movement.
The earnings-to-cash relationship is unstable: FY2024 combined a net loss of-$25.7M with positive operating cash flow of$4.6M . The following year, a smaller net loss of-$14.4M coincided with operating cash flow of-$7.1M ; this reversal shows that accounting losses alone do not describe the company’s cash needs.
Revenue fell from
A current ratio of 0.3 and operating cash flow of
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 17/100.
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. has a moderate D/E ratio of 0.68. This balance of debt and equity financing earns a leverage score of 56/100.
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., and counted as zero in the overall score.
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 15/100. This is up from -106.3% the prior year.
Big Sky Industrial Inc. scores -5.40, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($82.4M) relative to total liabilities ($16.4M). 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), neither operating efficiency signal passes.
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.
Big Sky Industrial Inc. reported an operating loss of $14.4M against $208K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
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. This represents an increase of 65.0% from the same quarter a year earlier. Against the prior quarter it is up 30.6%.
Big Sky Industrial Inc. reported -$2.3M in net income in Q2 2026. This represents an increase of 62.4% from the same quarter a year earlier. Against the prior quarter it is up 28.4%.
Not reported for Q2 2026.
Cash & Balance Sheet
Big Sky Industrial Inc. held $6.0M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Big Sky Industrial Inc.'s ROE was -6.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. 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.
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-Q | 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 | -$2.4M+61.8% | -$3.1M-1.8% | -$1.7M+86.0% | -$3.4M+18.6% | -$6.2M-263.6% | -$3.1M+61.5% | -$11.8M+46.8% | -$4.2M+49.4% |
| EBITDA | -$1.8M+65.0% | -$2.6M-31.3% | -$1.1M+88.9% | -$2.6M-20.9% | -$5.1M-1240.5% | -$2.0M+66.2% | -$9.9M+48.1% | -$2.1M+60.3% |
| Interest Expense | -$10K+78.7% | -$63K-34.0% | -$42K+57.1% | -$72K+22.6% | -$47K+64.1% | -$47K+60.8% | -$98K+87.9% | -$93K+69.6% |
| Income Tax | $0 | $0 | $6K-76.9% | $0+100.0% | $0+100.0% | $0-100.0% | $26K+105.7% | -$20K+87.7% |
| Net Income | -$2.3M+62.4% | -$3.2M-2.4% | -$1.9M+84.4% | -$3.3M-48.7% | -$6.1M-206.9% | -$3.1M+67.4% | -$12.0M+39.6% | -$2.2M+74.4% |
| EPS (Basic) | -$0.04+78.9% | -$0.08+20.0% | -$0.06+86.4% | -$0.10-25.0% | -$0.19-137.5% | -$0.10+73.7% | -$0.44+43.6% | -$0.08+77.1% |
| EPS (Diluted) | N/A | N/A | N/A | N/A | -$0.19-137.5% | N/A | -$0.44+43.6% | -$0.08+77.1% |
| 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.
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-Q | 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | -$217.4M-5.0% | -$215.1M-7.0% | -$211.9M-7.3% | -$210.4M-13.2% | -$207.1M-12.8% | -$201.0M-10.7% | -$197.5M-15.0% | -$185.9M-22.0% |
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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$800K+49.5% | -$2.5M+46.0% | -$857K-150.5% | -$154K-106.0% | -$1.6M-270.4% | -$4.5M-653.6% | $1.7M-32.0% | $2.6M+63.6% |
| Depreciation & Amortization | $591K-47.1% | $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 | -$5.7M-171.3% | -$4.4M-82.9% | -$2.2M-143.6% | -$5.2M-252.3% | -$2.1M+17.1% | -$2.4M-1253.1% | $5.1M-18.0% | $3.4M+674.1% |
| Financing Cash Flow | $2.0M+2023.1% | $16.9M+73.5% | $2.1M+1117.1% | $0+100.0% | -$104K-105.8% | $9.7M+1830.9% | -$205K+97.2% | -$7.0M-3821.8% |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| Share Buybacks | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $82K-51.2% | $234K-40.9% | $204K+60.6% | $20K |
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-Q | 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% | -283.2% | -45.3% |
| Return on Equity | -6.2%+15.2pp | -8.3%+0.9pp | -7.7%+41.7pp | -13.3%-7.0pp | -21.4%-16.1pp | -9.2%+16.8pp | -49.4%-7.1pp | -6.3%+7.0pp |
| Return on Assets | -4.1%+7.8pp | -5.8%-0.2pp | -4.6%+19.5pp | -7.2%-3.7pp | -11.9%-9.2pp | -5.6%+8.0pp | -24.1%+0.5pp | -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 |
| Debt-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, 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 income of -$14.4M in fiscal year 2025.
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 debt-to-equity ratio?
Big Sky Industrial Inc. (BSIN) had a debt-to-equity ratio of 0.68 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
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 Sep 12, 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 revenue of $6.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $82.4M as of Sep 12, 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.
Can Big Sky Industrial Inc. cover its interest payments?
Big Sky Industrial Inc. (BSIN) reported an operating loss of $14.4M against $208K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Big Sky Industrial Inc.?
Big Sky Industrial Inc. (BSIN) scores 15 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite 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. 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.