Birchtech Corp (AMEX:BCHT)
$ 1.96 -0.020 (-1.01%) Market Cap: 51.56 Mil Enterprise Value: 37.06 Mil PE Ratio: 0 PB Ratio: 4.56 GF Score: 69/100

Q1 2026 Birchtech Corp Earnings Call Transcript

May 13, 2026 / 09:00 PM GMT
Release Date Price: $1.34 (+1.52%)

Key Points

Positve
  • Birchtech Corp (BCHT) successfully completed its uplisting to the New York Stock Exchange American, raising $16.4 million, which strengthened its balance sheet.
  • The company reported a 32% increase in revenues for Q1 2026, reaching $4.2 million, driven by growth in both the water treatment and air business segments.
  • Birchtech Corp (BCHT) launched a new SEA IX nuclear-grade ion exchange resin product line, receiving approximately $1 million in initial orders.
  • The company is actively converting utilities from legal targets to commercial partners, enhancing long-term revenue potential.
  • Birchtech Corp (BCHT) is expanding its water business through strategic collaborations with engineering firms, creating a pipeline for future engagements without needing a dedicated sales force.
Negative
  • The company is facing challenges in collecting a $78 million patent infringement judgment, as the defendants have filed an appeal.
  • There was a decrease in high-margin licensing revenue, impacting overall gross profit margins.
  • Birchtech Corp (BCHT) reported a net loss of $1.3 million for Q1 2026, although this was an improvement from the previous year.
  • The timing of new contracts and renewals in the air business is unpredictable, making revenue forecasting challenging.
  • R&D expenses increased to $0.6 million in Q1 2026, reflecting ongoing investment in developing new water treatment products.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BCHT.A - Birchtech Corp
Q1 2026 Birchtech Corp Earnings Call
May 13, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to Birch Tech's First Quarter 2026 Earnings Conference Call.

During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions for dial-in participants. This conference is being recorded today, Wednesday, May 13, 2026, and the earnings press release accompanying this conference call was issued after the market closed today.

On our call today is Birch Tech's President and CEO, Richard McPherson, and CFO, Michael Mioska. Before we get started, I'll read a disclaimer about forward-looking statements.

This conference call may contain, in addition to historical information,
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