| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 22.31 | 6.8% | 5.1% |
| Total Income | 22.31 | 6.8% | 5.1% |
| Expenditure | 23.50 | 4.8% | 15.9% |
| PBT | -0.95 | 39.1% | 84.8% |
| Net Profit | -0.83 | 76.6% | 77.8% |
| OPM | -5.33% | 2.10pp | 13.49pp |
| NPM | -3.74% | 1.48pp | 12.16pp |
| EPS | -0.08 | 100.0% | 76.5% |
BGSF, Inc. Reports Q2 2026 Financial Results
06 Aug 2026 · 6 Aug, 2:44 am
Summary
BGSF, Inc. reported second quarter 2026 revenues of $22.3 million, down from $23.5 million in the prior year quarter, primarily due to lower billable hours. The company significantly narrowed its net loss to $0.8 million ($0.08 per diluted share) from $4.5 million ($0.41 per diluted share) in the prior year quarter, driven by reduced SG&A expenses. Adjusted EBITDA loss also improved to $0.3 million from $1.2 million. Management is focused on streamlining operations and cost reduction as it heads into its seasonally strongest third quarter.
Key Highlights
- 1
Revenues for Q2 2026 were $22.3 million, a decrease from $23.5 million in the prior year quarter, attributed to lower billable hours.
- 2
Gross profit for Q2 2026 was $7.9 million, down from $8.4 million in the prior year quarter, consistent with revenue trends.
- 3
The company reported a net loss of $0.8 million, or $0.08 per diluted share, for Q2 2026, a significant improvement from a net loss of $4.5 million, or $0.41 per diluted share, in the prior year quarter.
- 4
Adjusted EBITDA loss in Q2 2026 was $0.3 million (1% of revenues), an improvement from a loss of $1.2 million (5% of revenues) in the prior year quarter.
- 5
Adjusted EPS loss for Q2 2026 was $0.02, compared to an Adjusted EPS loss of $0.10 in the prior year quarter.
- 6
The company is streamlining operations and making organizational realignments to reduce costs following the conclusion of the Transition Services Agreement.
Management Comments
Keith Schroeder
The second quarter of 2026 was our first reporting period following the conclusion of the Transition Services Agreement (“TSA”) with INSPYR at the end of March. We took this opportunity to continue to streamline the organization by simplifying our operations in both front office and back office as well as continuing to make organizational realignments as necessary to reduce costs. As we head into our seasonally strongest third quarter, we look forward to realizing the benefits of all of these strategic actions, including enhanced revenue, more effective operations and lower overall support costs.
Kelly Brown
We continue to enhance and improve our many tools in order to provide superior customer service during this busy third quarter. Our usage of AI tools in screening, onboarding, and matching is continually being expanded, improved, and enhanced. Our PropTech services strategy continues to gain momentum and is building a solid sales funnel for the coming year.
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