Product Revenue was Birchtech’s largest product and service line in fiscal 2025, bringing in $14.23M of $17.63M (81%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Product Revenue | $20.64M | $17.09M | $14.48M | $14.23M | |
| United States | — | — | — | — | |
| License Revenue | $650.94K | $387.50K | $2.81M | $3.16M | |
| Equipment Revenue | $216.78K | $54.87K | $80.28K | $140.75K | |
| Demonstrations Consulting Revenue | $108.00K | $90.00K | $36.00K | $93.19K | |
| Total | $21.62M | $17.63M | $17.41M | $17.63M |
Birchtech brought in $17.63M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 1.3% from $17.41M in fiscal 2024. Product Revenue was the largest at $14.23M (80.7%), ahead of License Revenue at $3.16M (17.9%) and Equipment Revenue at $140.75K (0.8%). The remaining line, Demonstrations Consulting Revenue, brought in $93.19K.
Compared with fiscal 2024, License Revenue grew 12.5% to $3.16M, while Product Revenue fell 1.7% to $14.23M. From fiscal 2022 to 2025, combined revenue from these lines fell from $21.62M to $17.63M, a compound annual decline of 6.6%. Product Revenue's share of the total fell from 95.5% to 80.7%.
As Restated Quarterly was Birchtech’s largest revenue line in fiscal 2024, bringing in $5.24M of $10.47M (50%).
| Revision of Prior Period | FY 2023 | FY 2023 | FY 2023 | FY 2023 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|---|---|---|
| As Previously Reported | — | — | — | $17.94M | — | — | — |
| As Restated Quarterly | — | $4.11M | $6.75M | — | — | $6.60M | $5.24M |
| As Previously Reported Quarterly | $3.01M | $4.11M | $6.75M | — | $3.56M | $6.92M | $5.24M |
| Adjustment | — | — | — | -$315.00K | — | — | — |
| Adjustment Quarterly | — | — | — | — | -$315.00K | — | — |
| Total | $3.01M | $8.22M | $13.49M | $17.63M | $3.24M | $13.52M | $10.47M |
Birchtech brought in $10.47M from its two revenue lines in fiscal 2024, the year ended September 30, 2024. That was down 22.5% from $13.52M in fiscal 2024. As Restated Quarterly was the largest at $5.24M (50.0%), ahead of As Previously Reported Quarterly at $5.24M (50.0%).
Compared with fiscal 2024, As Restated Quarterly fell 20.7% to $5.24M and As Previously Reported Quarterly fell 24.3% to $5.24M.
Birchtech stopped reporting As Previously Reported as a separate revenue line after fiscal 2023, when it brought in $17.94M.
Birchtech (BCHT) reports its revenue by product and service and by revision of prior period. In fiscal 2025, Product Revenue was its largest product and service line, bringing in $14.23M (80.7% of the total), followed by License Revenue at $3.16M (17.9%).
Product Revenue was Birchtech's largest product and service line in fiscal 2025, bringing in $14.23M, or 80.7% of the $17.63M total across its four product and service lines.
As Restated Quarterly was Birchtech's largest revenue line in fiscal 2024, bringing in $5.24M, or 50.0% of the $10.47M total across its two revenue lines.
License Revenue grew faster than Product Revenue in fiscal 2025, up 12.5% from $2.81M to $3.16M. Product Revenue fell 1.7% to $14.23M.
Every figure comes from Birchtech's annual financial filings, as reported. Each line keeps the name Birchtech gives it, and years follow its fiscal calendar.
Birchtech's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.