Barnwell Q3 FY26: net loss narrows to $440K; positive Adjusted EBITDA $425K

BARNWELL INDUSTRIES INC

2026-Q3 EPS reported -$0.24 revenue$8,660,000

Q3 FY26 revenue $3.379M, net loss $403K vs $2.535M revenue and $1.116M loss in Q2 FY26.
Net loss attributable to shareholders $440K ($0.03/sh) vs $1.15M ($0.09/sh) prior quarter; production up 9% to 82,000 BOE.
Adjusted EBITDA positive $425K vs negative $369K sequentially; cash $4.467M, debt-free.
Salaries down 12% QoQ; G&A $1.409M vs $1.521M; cash G&A down 8%.
Agreed to sell remaining Hawaii real estate interests for ~$1.55M cash + $770K pre-closing distribution; close expected before Sep 30, 2026.

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