Birchtech (BCHT) Operating Margin (2010 - 2026)
Birchtech (BCHT) reported Operating Margin of -42.81% for Q2 2026, down 6.38 percentage points from -36.43% a year earlier and down 15.70 percentage points from the prior quarter.
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Analysis
Birchtech (BCHT) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Birchtech's Operating Margin came in at -17.07%, up 4.43 percentage points year-over-year; for FY2025, it came in at -17.19%, up 23.93 percentage points from FY2024.
- Operating Margin has a five-year change of +120.78 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -41.12% in FY2024 (+9.79 pp), -50.91% in FY2023 (-55.09 pp), 4.18% in FY2022 (+92.93 pp) and -88.75% in FY2021 (+49.21 pp).
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin since Q2 2024.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of +36.38 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2022 (a gain of 333.67 percentage points); the low point was Q4 2023 (a drop of 424.94 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -27.11% (Q1 2026), -34.64% (Q4 2025) and 11.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 81.08 Bn | 72.82 Bn | 1.95 Bn | 17.16% |
| 2 | Xylem | 25.19 Bn | 20.43 Bn | 963.00 Mn | 16.70% |
| 3 | Veralto | 24.85 Bn | 17.49 Bn | 902.00 Mn | 21.37% |
| 4 | Badger Meter | 3.79 Bn | 3.06 Bn | 90.77 Mn | 17.71% |
| 5 | Ceco Environmental | 2.55 Bn | 2.38 Bn | 86.47 Mn | -11.64% |
| 6 | NWPX Infrastructure | 952.52 Mn | 914.00 Mn | 34.36 Mn | 13.26% |
| 7 | Energy Recovery | 344.03 Mn | 19.19 Mn | 8.96 Mn | -49.05% |
| 8 | Cadiz | 335.75 Mn | 304.19 Mn | -24,000.00 | -902.45% |
| 9 | AirJoule Technologies | 213.04 Mn | 92.67 Mn | - | - |
| 10 | Birchtech | 23.37 Mn | -7.23 Mn | 1.03 Mn | -42.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -42.81% |
| Mar 31, 2026 | -27.11% |
| Dec 31, 2025 | -34.64% |
| Sep 30, 2025 | 11.01% |
| Jun 30, 2025 | -36.43% |
| Mar 31, 2025 | -41.69% |
| Dec 31, 2024 | -1.42% |
| Sep 30, 2024 | -21.15% |
| Jun 30, 2024 | -106.31% |
| Mar 31, 2024 | -73.99% |
| Dec 31, 2023 | -201.60% |
| Sep 30, 2023 | -2.72% |
| Jun 30, 2023 | -7.34% |
| Mar 31, 2023 | -29.89% |
| Dec 31, 2022 | 223.35% |
| Sep 30, 2022 | -60.59% |
| Jun 30, 2022 | -72.53% |
| Mar 31, 2022 | -104.02% |
| Dec 31, 2021 | -110.33% |
| Sep 30, 2021 | -68.67% |
API Access
Birchtech Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BCHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BCHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BCHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();