Blue Dolphin FY2025 gross profit $8.7M, net loss narrows; EBITDA turns positive

BLUE DOLPHIN ENERGY CO

Gross profit $8.7M (up 123% from $3.9M in FY2024); net loss $5.6M ($0.38/share) vs $8.6M ($0.58/share).
Consolidated EBITDA $1.3M (vs -$1.5M); refinery operations EBITDA $2.9M (vs -$0.4M).
Cash and equivalents $2.0M (up $0.9M); working capital deficit $24.4M (up from $19.1M).
Revenue $279.4M vs $317.5M; impairment of fixed assets $3.0M recognized in FY2025.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BLUE DOLPHIN ENERGY CO reported the twelve months ended December 31, 2025 results: net income Net loss of $5.6 million, or a loss of $0.38 per share.

Period: the twelve months ended December 31, 2025
Net income: Net loss of $5.6 million, or a loss of $0.38 per share
Result: reported results

Exact text from the filing

Blue Dolphin reported total gross profit of $8.7 million and a net loss of $5.6 million, or a loss of $0.38 per share, for Full Year 2025.

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Source: SEC EDGAR

accession 0001437749-26-011052

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