Barnwell Q2 net loss narrows to $0.09/share; revenue $2.535M

BARNWELL INDUSTRIES INC

2026-Q2 EPS reported -$0.22 revenue$5,281,000

Q2 FY2026 revenue $2.535M, net loss attributable to shareholders $1.150M ($0.09/share), improving from $1.426M loss ($0.13/share) in prior quarter.
Cash G&A declined 8% sequentially to $1.392M; salaries, wages & bonuses down 26% QoQ as Houston HQ transition completes.
Oil & gas operating results improved $119K to positive $87K; company remained debt-free with $4.016M cash and $2.152M working capital.
Canadian oil & gas sale process ongoing; company evaluating strategic alternatives across broader industries, not limited to energy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

BARNWELL INDUSTRIES INC reported its second quarter ended March 31, 2026 results: revenue $2,535,000, net income consolidated net loss of $1,116,000, EPS $0.09 per share.

Period: its second quarter ended March 31, 2026
Revenue: $2,535,000
Net income: consolidated net loss of $1,116,000
EPS: $0.09 per share
Result: reported results

Exact text from the filing

For the quarter ended March 31, 2026, Barnwell reported revenue of $2,535,000 and a consolidated net loss of $1,116,000, compared to revenue of $2,630,000 and a consolidated net loss of $1,412,000 million for the quarter ended December 31, 2025. Net loss attributable to Barnwell shareholders improved to $1,150,000, or $0.09 per share, compared with $1,426,000, or $0.13 per share, in the prior quarter.

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Source: SEC EDGAR

accession 0001140361-26-022863

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